Archive for the ‘Domain Monetization’ Category

Parking revenue for October 2014 and other updates

Parking-revenue-for-October-2014-and-other-updatesHello and Assalamo Alaikum,

There wasn’t much changes in parking revenue for September so I thought to skip it this time and move on to October parking revenue which was quite better.

Total visitors – 135,000+ (10k increase from the previous month).

Total clicks – 4,500+ (not much changes).

Total parked domains – 800 (An increase of 50 domains).

Total revenue – $650 (some improvement).

Top 5 niche which made the most – Games, Health, Photography, Cooking, Music.

$$ made on a single day – $31

RPM – $6.02 (Almost $1 increase in overall RPM).

CTR – 4.57% (Little drop in this one).

So now I have 800 domains under my portfolio and as per my 5 goals to reach by this year, I have to get 1,000 domains by the end of Dec 2014 which to be honest seems not quite possible. One of the main reason is I don’t see that many good domains dropping due to which I am unable to buy quality names. Also the prices have gone much higher and many crazy people are overpaying for domains which are worth far less than what they actually ends up paying for it.

Also, there is political unrest in my country and I am very much focused on this issue and sometimes I have forgot to bid on domains at the last minute. I can count this one of the reason for which chances of having 1k domains at the end of this year seems low.

Last month I lost at least one domain in auction due to electricity outage which is very much normal in my country. In summer, 15+ hours electricity is shut off even in big cities like mine. This is frustrating specially when I wanted to bid at the last minute of auction and finds out myself on the losing side because of this reason. Time is up for our corrupt politicians who are currently leading our country and they have come into power by fake votes. My prayers are with Imran Khan whom everyone wants to come into power and In Sha ALLAH we will see him in action by next year when midterm elections will be held and all corrupt politicians will be held accountable.

Stay tuned for my next post where I will share couple of my domain sales completed last month.

What has been your parking revenue for October 2014? Made any sale recently which you would like to share?

Exciting News to help you sell more domains!

Hello and Assalamo Alaikum,

I just received an email from Afternic which might be interesting to you.

“Sell your domains registered with Wild West Domains using Afternic’s Fast Transfer DLS.

It’s Fast, Easy and Secure.

Dear AbdulBasit,

We noticed you have xx domain names registered with Wild West Domains. We’ve got some great news for you: They’re now eligible for Afternic Premium Promotion.

Exciting-News-to-help-you-sell-more-domainsWild West Domains has joined our network’s growing list of participating registrars. Now you can increase sales and get higher prices by reaching the broadest small business base available. With Premium Promotion, your domains will be listed on 100+ reseller websites; including WildWestDomains.com, eNom.com, and many others.

With Fast Transfer, your domains are transferred instantly when they sell. We take care of everything, so you can simply relax and enjoy your earnings (which will get to you even faster than before).

Just log into your account to list your domains with Premium Promotion. Or, simply contact our customer service team if you’d like a little listing assistance.

Sincerely,

Afternic Customer Service
service@afternic.com
Toll Free 866-351-9586
International 781-839-7990″

I don’t use Afternic much and I might have sold couple of names to date. Also I haven’t listed all my domains there. If any one can share their successful experience with Afternic would be nice to understand more deeply.

Four Figure Domain Sale and Parking Revenue for August 2014

Hello and Assalamo Alaikum,

I think one domain sale a month suits me well. At the very start of this month I completed another sale for $5,000. I know many people who read about my last domain sale were not quite happy when I didn’t disclose the domain name. However, let’s share the name with you this time 😉 The domain was Spadille.com and there was a decent profit made from it. The inquiry came several months back and when I don’t follow up for 30 days the inquiry is automatically assigned to one of the DNS brokers and they try to keep in touch with the potential buyer and gives their best to make it successful sale at the end.

Once again the domain was sold through DomainNameSales.com brokered by Derek Marshall (first sale with Derek) and hopeful to make many more along with him. He handled nicely and I appreciate his support and friendly manner. Also I can never forget Escrow.com from where the deal was completed at the end. One thing I tell my friends that in my country banks get robbed and your lockers are not safe but when you deal with Escrow.com, your money is in safest hands and you don’t have to worry at all 🙂 Thanks DomainNameSales, Escrow.com and the entire teams of both.

Now I would like to share parking stats for August 2014.

Total visitors – 122,000+

Total clicks – 4,500+

Total parked domains – 725

Total revenue – $550

Top 5 niche which made the most – Games, Health, Music, VPN, Music

$$ made on a single day – $35

RPM – $5.17

CTR – 4.8%

There is one domain which is banned by Google and that received 27,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. CTR and RPM went down and in actual revenue went down too because I added 25 domains but the revenue remained same so there should be some improvement and I will have to look into this issue as well…

What has been your parking revenue for the last month? Made any sale recently which you would like to share?

A tip which will increase the response rate of your domain inquiry

A-tip-which-will-increase-the-response-rate-of-your-domain-inquiryHello and Assalamo Alaikum,

As many of you know that I have stopped contacting endusers myself at the end of last year. There are couple of reasons behind that. One of them is that I want the endusers to reach me directly rather than I go after them because the number of inquiries I receive each month is quite satisfying after which I don’t need to chase after them. Secondly, you have an upper hand in handling that inquiry when someone approaches you at first. Because there are some instances when you contact a person and ask them to give their offer first. Occasionally that makes the other person furious at you and tells you to throw out your asking because YOU initially contacted them.

I have been in domain business for several years and have done many tests and trials while sending emails and always screening as to which one works better. After doing careful research I found out that by simply adding a question to your reply can definitely increase the response rate.

For example, instead of just asking the enduser to present their offer in $x,xxx range or throwing out an asking price, you can always add a question at the end along with your reply which makes this as a whole “I will certainly entertain offers in mid four figures. Would you like to present an offer in that range?” Even if the next person is not interested, the reply will most probably comes quickly.

Another example is when a person is too lazy to respond or taking enough time to finalize the deal, you can always inform that the offer is valid for 7 days or until the end of this month. Plus you can ask “when shall we expect the transaction to finish off?” or “do you think we can wrap up this deal by the end of this week?”

Such questions not only give you clearer picture about the buyer’s seriousness but also saves your time by knowing if the person A is not serious, you can quickly reach out person B (if there is any on your waiting list) and proceed further with your communication/negotiation. This way you will not lose the person B who will not need to wait for lengthy period of time. Because we have seen many times that buyer is looking for several alternatives while trying to acquire domain for their business.

This doesn’t guarantee the increase of domain sale but surely going to help you in moving ahead quickly.

For me, this has been working perfectly and the response rate is much higher than before. If you are using this tactic, feel free to share your views on this. If not, give it a try and post your comment in this regard and let others knows.

Five Figure Domain Sale and Parking Revenue for July 2014

Hello and Assalamo Alaikum,

Back from six figure sale to a five figure sale for which I can’t reveal much info other than the sale amount which was $20,000 and it was .com. Once again it was brokered through Jessica Ebanks of DomainNameSales and the sale was completed through Escrow.com. Always pleasure working with DNS team specially Jessica and it was swiftly done with Escrow.com which is the best escrow service.

Coming back to parking revenue of July for which I am publishing the stats a bit late but this is the area which I must focus to achieve one of my another goal for this year. Previous month wasn’t impressive although I didn’t add that many domains to my portfolio. Below is some of the parking stats which might be helpful to you in some way. This time I have added top 5 niches and CTR which was suggested by one of my friend Mohammed Zaki.

Total visitors – 117,000+

Total clicks – 5,000+

Total parked domains – 700

Total revenue – $550

Top 5 niche which made the most – Games, Health, VPN, News, Music

$$ made on a single day – $30

RPM – $5.2

CTR – 5.62%

To add something on above stats, there is one domain which is banned by Google and that received 26,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. Also found that clicks have gone up compare to June 2014.

Added few domains in the last month month but instead of improvement, I saw significant decline but I will take that since having a good sale this month. There could be one reason of revenue drop due to summer where possibly advertisers might be keeping their budget tight. Many people are on vacations. I am hopeful to have some improvement this month and if not, I will have to make some changes in categories/sub-categories of domains which receive decent traffic to see if anything gets better…

Have you seen any drop in the parking revenue for the last month? Made any sale recently which you would like to share with us?