Friday, August 17, 2012

Is there a medication for Domaining Fever?



This domaining thing is exciting!  Let me first say, I definitely see how some people go cray with their cards, buying up all kinds of "promising" domains. I won't lie. I've got the bug. Luckily, I have my husband's voice, constantly  replaying one message over and over in my head as I search drop sites and spend hours on GoDaddy wearing out the search button, "Don't go over the budget, Kay". Seeing as how I've gone over budget for the second time, I don't know how effective that voice is. It does serve to keep me from going TOO MUCH over budget, so it helps a bit. Don't ask for permission, just ask for forgiveness, right? No, in all seriousness. Anyone who is looking to get into buying and selling domains should beware of the novice impulse. Trust me, it is something serious.

Thing is, I honestly believe that all of our domains are quality. I truly think that they pass every checklist from the Domaining authorities. Well, from Elliot, Morgan, and Shane, anyway. Being a graduated Psych major, it's not hard to convince myself, but with the exception of ONE, our domains make my heart go pitter-patter because I'm confident that I can sell them. I've purchased a total of 10 domains since the beginning of August and I already stand to potentially (and hopefully) make a 13% ROI. I have to admit though, it takes WORK! Since I made up my mind to take the quality-over-quantity approach, I've hit the ground running. I don't even have the time to feel like a newbie! I've already had my first "I'm interested, but first, use THIS link to get the name valuated" scammer, so, there's that. Aside from that waste of time, I feel pretty good about the potential of our portfolio. At this point, end user sales are everything to me. Thank God for Google. The two domains that I've actively marketed have solicited interest. Now that I've established our official portfolio website (shout out to GoDaddy. That Instapage option deserves props), I feel comfortable moving forward with contacting end users for our other sites. I still have lots of research to do, but this is going to be a good thing. I have a long way to go when it comes to generating income passively. Monetizing my domains with parking isn't going so well, BUT I am reading up on developing sites, so all hope isn't lost in that vein. Ideally, I can make a domain sale that will clear our student loans. Ambitious, isn't it? That's fine, as long as it's not unrealistic.

The prayer is that I can come back and tell you all about an actual SALE, soon!

Song of the Day:
Gila by Beach House
This song is EXTREMELY chill, but for some reason, it always amps me up. I had to play it when one of the end users that I really wanted to sell to responded to my email. Hope ya like it.

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