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Whats the most important thing you have learned domaining?

Discussion in 'New Domainers' started by vinsdomains-com, Mar 4, 2012.

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  1. vinsdomains-com

    vinsdomains-com Member

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    Jumping back into the business after being out of it for many years. Seems like a lot has changed and there is an overwhelming amount of information floating about. Seems like a lot of sharks too! As such, I thought I'd solcit input from all of you fellow domainers regarding important lessons that you have learned along the way. What's your best piece of advice, so a beginner doesn't get burned? Thanks in advance for any educational responses you can provide!
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. invincible

    invincible Well-Known Member

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    I can only speak for myself and apply my answer to myself because no two people are the same. I was fortunate to "get in" with a very small number of very intelligent people back in the day and we used to chat privately to each other about all things "domaining". I learnt a lot. Now I predominately trust my own instinct. There's no barrier to entry to "domaining" so anyone can voice an uneducated opinion. Being able to sift the good information from the bad is a skill. Of course what one considers good and bad is subjective! Unfortunately given I am only *me* and I don't know *you* I cannot really advise you anything more. :)
     
  4. Brassneck United Kingdom

    Brassneck Well-Known Member

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    It's far easier to buy than sell.

    I used to be very optimisitic about the likely demand from end-users for decent domains across the board, however the British public generally still don't get domains so sales are much harder than I ever hoped for. I think the situation in the USA and German markets is much more positive.

    Stephen.
     
  5. accelerator United Kingdom

    accelerator Well-Known Member

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    Don't buy too many domains before you've tried selling at least one.

    As said, buying is easy, it's selling that's hard.

    Rgds
     
  6. zehrila Pakistan

    zehrila Active Member Full Member

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    Whenever new tld or cctld kicks in and you manage to grab nice domains, try to sell them asap before the hype dies. 3 and 4 letter dot com domains are safe investments. Do a bit of keyword research.
     
  7. retired_member21

    retired_member21 Retired Member

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    Quality not quantity I'd say

    Also as Accelerator said - make sure you can sell and understand the selling process if that is your future model
     
  8. seanc United Kingdom

    seanc Well-Known Member

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    one mans rubbish is another mans gold
     
  9. anthony United Kingdom

    anthony Well-Known Member

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    Finding solid, cheap hosting is as hard as finding good ftr domains!
     
  10. Bailey United Kingdom

    Bailey Well-Known Member

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    After twelve plus years in domains. The most important lesson i've learned is I don't know even 20% of what there is to know
     
  11. Jamie101 United States

    Jamie101 Well-Known Member

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    One thing that I've recently found out is not to assume that the keywords are useless just because .com + .org + .net are available. Sometimes you might get lucky like I did but unfortunately I only took one of them (.com obviously).

    I didn't want to risk more money (even though it was FTR so wasn't exactly expensive) on it just in case it didn't work out. Developed the site, ranking brilliantly and now a competitor is above me with another TLD.

    (mightn't be directly related to domaining but still)
     
  12. retired_member21

    retired_member21 Retired Member

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    Great statement - going on that I probably know ~ 6% lol
     
  13. WiganWebs

    WiganWebs Member

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    You need to have a good amount of patience :p
     
  14. binny

    binny Active Member

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    One man's shit is another man's gold
     
  15. fabpack United Kingdom

    fabpack Active Member

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    If you're the buyer, whatever price you are quoted is way too high.

    If you're the seller, whatever price you are offered is way too low.

    In my opinion, offers need to be made close to what the end deal price would be. I've spent too much time offering too low and counter offering way too high when commonsense and middle ground could have made lost deals happen.
     
  16. ScottJ United Kingdom

    ScottJ Well-Known Member

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    You can still buy short one word valuable names for £500, sometimes the £500 can buy one directly, sometimes you can offer something worth £500 to buy one, it's never too late to play if you are prepared to think outside the box and work smarter & harder.
     
  17. domainking

    domainking Active Member

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    So true Scott always best to think outside the box. also aim for the names you think you cant get.
     
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