Hi everyone,
Before I start sharing last month’s Afternic results, I would like to inform you that this is the last post of the experiment. The main reason I started sharing with you all was to make aware how Afternic landers are performing for my domains so others can gauge and decide accordingly for their portfolios. I believe I’ve shared enough of this experiment and it’s clear how the overall results are. Just to clarify this decision has nothing to do with this. I already made up my mind right at the start of last month about this decision.
Also I’ve no complaints with Afternic and I’m very happy with the overall results as well as the brokers and my rep. I’ll continue using their landers.
So coming back to the point, this is the 9th and last post of the Afternic experiment series after I published January, February, March, April, May, June, July and August results which I believe you’ll like.
The last month started with the blast and surprise. The first sale happened on the very first day of September in the shape of Aumet.com for $29,888. The buyer came in via Afternic lander. This was one of the interesting sales for me and I’ll tell you why. I received an offer of $17,500 GROSS from Afternic senior sales executive Richard Green on 27th August. He informed me that’s the buyer’s maximum offer. Mind you, that 17.5K offer was not the initial and the broker has already worked upon that lead. I responded back with some explanation as to why I would stick with the BIN and the potential of this domain. On 1st September, I received an email about funds secured by Afternic! The best thing in this deal was that the broker was able to convince the buyer to purchase at BIN with no room for him to negotiate. That was the standout thing for me. So kudos to Richard Green for making this deal to happen and he deserves a big applause for his expertise and professionalism.
One of my friends asked me to share the hold time so let me share it. Aumet.com was acquired more than 1 year back.
The next sale happened on 9th September of NewHold.com for $7,500. Initially we received an offer of $5,000 and after the broker went back and forth with the buyer, they raised up to $6,500. I had set a BIN of $9,888. I requested to push the buyer one last time and see if there is room to revise their offer and finally they presented $7,500 which I gleefully accepted. This one happened with GoDaddy.com. Hold time 1+ year.
Third sale was Shoppery.com which sold for $6,888 and once again via GoDaddy.com. Hold time 5+ years. Then the next one StitchAndSew.com for $1,988 was again via GoDaddy. Hold time less than 1 year.
Finally there was a sale of Cleverr.com which happened via partner registrar which had a BIN of $6,888. Hold time 1+ year.
And then there was a blasting sale and that too happened via partner registrar, The domain is Exicon.com which actually had a BIN of $50,000 but after going back and forth, finally I agreed to sell for $40,000. The interesting thing about this domain is that I had a BIN of $39,888 just 1 month before I received this particular inquiry. I just got a hunch to increase the price of this domain mainly because of the potential of this domain. I’m not sure if this triggered the buyer somehow or what but I was still happy to accept the 40K GROSS. Hold time 2+ years.
Finally there were 3 more domain sales of WayneMedia.com for $2,000 which I had a BIN of $2,988 but I agreed to sell for 2K. This sale was generated via Afternic lander. Hold time 1+ year. The last 2 sales happened via GoDaddy and were SxPro.com for $1,988 and Eudai.com for $1,888. Hold time was 2+ and 3 years respectively.
The sales happened via partner registrars, reminding you that you must keep your domains at a registrar which offers Fast Transfers. That gives an additional exposure to sell your domains.
The number of inquiries for August was almost 550 and the total number of domains at the end of last month just reached 4,300.
Total cost of acquisition was under $6,000 and total amount of sales was $99,028. Though I missed the 100K mark but I’ve no issues. I’m more than happy and hope the sales keep flowing in like the last month not only for me but for all of us so we can prosper altogether 🙂
On the other hand, my friend Muhammad Aamir from DotCorner was happy to share once again his September sales via Afternic which I’ve copied below:
SeoQueen.com for $2,900.
bStores.com for $7,500.
In general, it shows that there will always be ups and downs no matter how big or small a portfolio you’ve. But to get rid of some inconsistency of your sales is to build up your portfolio with a good number of domains along with quality. Having both quality + quantity is the best way to go. I know it takes a lot of hard and smart work, time, dedication, cash flow, etc. And I’m telling you this from my personal experience as well as reviewing fellow investor’s sales and flow.
Thank you Afternic, Richard Green, my relationship manager, the entire brokerage team and everyone involved in making the overall experience so wonderful.
Feel free to share your Afternic sales and/or give your feedback no matter how good or good it is 😉
Amazing sales and thanks for sharing. Wishing you best for the future.
Thanks Aamir bhai for your support. Wish you all the best as well. Hopefully your sales will pick up this month.
Great Report Abdul and congrats on your sale.
Thank you! 🙂
Congrats Abdul, some good sales there and nice job getting the buyers to move north.
Thanks Bob!
That was one great month for sure and I agree with you.
Congrats my friend, you have again hit it out of the park.
Thanks for sharing, wish you continued success.
Thank you Ram bhai 🙂
Glad you like it as always 🙂
Congratulations on the sales Andul
I just had one confusion, when you “This one happened with GoDaddy.com” you mean GoDaddy Auctions or GoDaddy Premium Listings.
Now that GoDaddy Premium listings dont work anymore what exactly do you mean by sale at GoDaddy.com
Are these sales for names Listed on the GoDaddy Auctions Platform.
If you could please clarify the same
Thanks
Thanks Manish!
I believe the sales happen via GoDaddy.com search. I’m not too sure about GD Auctions but I think that’s rare to happen because normally endusers would type in GoDaddy.com to search a domain and not auctions.godaddy.com
Also when I list my domains at Afternic, they’re automatically shown at GoDaddy.com search so that’s how I believe the sales occur.
Thats where my confusion was Abdul that you are specifically mentioning that some sales happen on GoDaddy and some on Afternic. So how do you segregate the two and how do you differentiate which sale happened where.
Great sales again, thanks for sharing
Shukriya Harmandeep bhai 🙂
Thank you Abm for your transparency on your sales report.Really appreciate it all.
Thank you always for making me step up also as hardwork always pays when done right and smartly.
It was another wonderful month if sales .
👍👍👏👏
Thank you my friend!
You’ve always been vocal and supportive. I always remember my readers and people who started commenting on regular basis when the blog was new and that matters a lot to me. You’re one of them for sure.
Congrats Abdul bhaiya 🔥🎉 Thanks for sharing.
Thanks Sanjeev bhai. Acha laga k aap ko bhi acha laga 🙂
Congrats Abdul Basit. Amazing results and great details. Keep growing.
Glad you like it Ibrahim and thanks for commenting. I appreciate that 🙂
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Wow. Well done. Thank you for sharing
Happy to see your excitement Alan. Hope you’ve sales like this in the future.
Best wishes! 🙂
Congratulations Abdul bhai on another wonderful month! Wish you many more….!!!
Shukriya Nikhil bhai! 🙂
You’re as always rocking and I’m loving your sales. We both sometimes invest in a lot of different type of domains and still are making sales. There is always something to learn from each other.
Nice sales Abdul Bhai. Great learning experience. Thanks for sharing. Wish you more success in future!
Thank you Ashish!
As far as there is something to learn for others, I’ll keep sharing whatever I can.
I’ll be sharing my sales in the future when I’ll see it’s useful to share.
Also I’ll make sure to post my some recent acquisitions in coming days…
Thank you Abdulbasit. Wishing you all the best for the future.
What still confuses me is how you are able to determine the potential of your domains. I hope to understand this one day.
Thanks Abdulmajid. I like that Mubarak in your name by the way 🙂
I would like you to check this https://www.abdulbasit.com/domain-monetization/how-do-i-valuate-domains-and-set-an-asking-price and let me know if you find it any useful?
Awesome sales!!!
Congratulations.
Thank you! 🙂
Congrats! Some nice sales there and Thanks for sharing..
Thank you Niz!
You’re one of my long time reader of this blog. Appreciate your time and commenting as always 🙂
Awesome sale. Congrats 🔥🔥🔥🔥
Thank you Abishek 🙂
Well done! I use Dan.com & Sedo Offer Pages to sell my domains but it would seem that Afternic is still the best marketplace of all despite their most uninspiring sales landers? So I will have to give Afternic a try very soon!
First of all, I apologize. Your comment was auto sent to spam which I check occasionally. I think Afternic landers of NS3/NS4 are not uninspiring and works very well. IMO, they do pretty well mainly due to the brand recognition (GoDaddy logo) factor every domain sales lander is having it now. I recommend using their landers (NS3/NS4) and give some time. Although it heavily depends on the quantity as well as quality of domains you own which I’m sure you understands it. If you ever give them a try, it would be nice of you to share the results. Thank… Read more »
MashAllah great sales bro.
Glad you like it Zubair 🙂
Congrats #Adulbasit , thanks for sharing
Thanks Danish 🙂
Thanks for sharing the sales report on a monthly basis. It was working like fuel for new domianers …….. but sadly, you are going to discontinue it…
Thanks Alex for liking the posts and your feedback.
I assure you of not making you and others sad and will continue sharing the sales occasionally like I used to do in the past.
Glad to know you had a wonderful month. Congrats. Sad to hear that you will not be keeping up with the series, even though I understand your point of view.
Your posts were always an inspiration.
Wishing you the best!.
Thanks for your feedback and understanding Vinod 🙂
No worries as I’ll keep sharing the sales occasionally like I did in the past which will give somewhat benefit to the readers.
Thank you! 🙂
Congrats AbdulBasit! The 6 figure months are coming 🙂 Great sales.
Thank you my friend 🙂
You’ve always given me the confidence and I appreciate your kind words.
Great sale abdul bhai, keep rocking
Thank you Satyadeep bhai. You’ve always been my long time reader and gives you feedback which is appreciated 🙂
Dear Abdul Basit
Assalam O Alaikum
Congratulations on the sales
Why do did not sold Aumet.com for $17,500, BUT you stick firmly with its BIN price $29,888. and send some explanations/arguments to your broker, Kindly let us know what were your explanations/arguments for NOT SELLING domain @ $17,500/
Saeed Hassan
Mirpurkhas , Pakistan
WaAlaikum Salaam,
Thank you Saeed bhai. I purposely didn’t share that detail in respect of the domain owner. Usually I try to share it but for this particular domain I prefer to avoid it. Thanks for understanding and hope you won’t mind.
Best wishes! 🙂
Congratulations on your sales Abdulbasit.
Seems most of your purchase are private purchase.
As I try looking for the domain on namebio to understand the purchase price, but couldn’t find it there.
Thank you Jude! 🙂
Yes, you’re absolutely right. I’ve been lately focusing more on private acquisitions especially since last year and this year I’ve got more aggressive in buying privately because the prices at every auction houses are crazily high.
I am still waiting for your approval re: my comment about Afternic most uninspiring sales landers? Thanks, Bob
Thanks for the heads up Bob! I just approved and responded to your comment. I appreciate your patience.
Hey Abdul, how are you doing? I hope you are fine. It was only yesterday I felt I read your post that you are going to start a series of experiments. (Afternic experiment of January 2020 right?) Your experiments have been a great series of monthly experiments by yourself giving us all something to look forward too. Your results have been outstanding and the sales have shown people how much potential there is to domain marketing. You have shown starters and beginners how do achieve success in the domain game as well as given wisdom to the pros too! I… Read more »
Hi Matt! I’m doing great and hope the same at your end as well 🙂 It’s always nice to hear from you 🙂 I’m sure you’ve noticed that when we’re enjoying the time, we feel it’s passing out quickly so may be that’s the case when you’ve gone through all the Afternic experiment series since I started in Jan 2020 😉 I always highly appreciate your feedback, kind words and good sense of humor which makes my day even better 🙂 I haven’t thought about any other series yet but a good idea to consider and I’ll think about it.… Read more »
Hi Abdul Bhai – big congrats and well done to you my friend – fully deserved. I am curious to know, if after having such a bumper year where it looks like you have made several hundred thousand dollars in sales on the back of fairly low acquistion costs, if you will continue re-investing in buying domains in the 3 and 4 figure range of if you will now start with acquistions in the 5 and even 6 figure range if you find the right deals?
Thank you Arpen!
In the middle of my investing career, I acquired some top 1-2 word domains which I’m still holding for quite some time. That made me stuck to investing with smooth flow which is why I revaluated my strategy and started investing in low-mid tier domains which I think has worked well for me. So now I’ve a quite balanced looking portfolio with all low-mid-high quality domains altogether mixed.
Although recently I’ve acquired some great domains and in my next post, I’m going to share some of those acquisitions so stay tuned.
Hi AB,
Since this is the last post in the experiment, some comparison in sales performance with Afternic landers vs. the Uniregistry landers you were using previously would be helpful.
Thanks again for sharing your results
Hi Abdul,
If you park your domains in Afternic, how do you know the number of visits??
Thank you https://s.w.org/images/core/emoji/13.0.1/svg/1f642.svg
I get to know by the report provided by me Afternic rep. But the report doesn’t show the visits but the number of inquiries/leads.
Thanks! 🙂