Can someone help?

Syuhide said:

Sorry for been lazy but i feel that a good guidance would save me alot of trouble and ...

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Domaining may not be a good fit for you as being lazy simply won't work, starting with learning the basics. There is lots of information available on this site, as well as others. But there is probably nobody that will spoon feed it to you, especially after admitting you were just being lazy and didn't want to go to the trouble of researching it on your own. On the other hand if you want to work real hard and put forth the effort, there is lots of money to be made. So you should probably start by rethinking your commitment IMO.

To be honest, i have to go through 30 forums a day cycle by cycle . Participate actively in those forums. I'm just hoping for someone to have a slight push to the right direction.

Need a brief understanding on this scene and thus easy to share certain things that are useful to each community.

Hope that sound reasonable. As i don't see myself a leecher. Thanks for your feedback.

This forum is full of information to help you, being a beginner it is the best way
to learn the domain sales information, what people are looking for - development to your own niche...
Lots to learn that can't be summed up in a few posts...trial and error if you are "lazy" as you said -
to just read ...

My hunch is he's really here to push some software.

There's no short cut I'm afraid as each answer will likely generate another 5 questions. You need to put the time in. If you are serious set yourself the target of reading this forum for an hour a day for the next week then come back with more specific questions.

Well, appreciate the replies. If you guys have strong rejections on salesman. I have nothing to say. Alright it's okay. If thats the vibe i'm giving then i shall say that you guys assume too much. I'm not going to defend myself. Search the web and you would know i don't sell things. Have a nice day.

There is no reason to defend yourself, no one is attacking you??

you asked questions,
we answered them....

The impression you gave me was that you want to learn about domaining, I guess to sell domains?
However the same rules apply to that as well, so maybe your assumption of the replies was incorrect.

There is no quick and easy way to "sell" anything if you don't know what people want,
research will be your best tool to succeed as a "salesman"

Hi

beginners are the prey, so until you've been around a couple of years:

don't buy any software
don't pay for any appraisals
don't buy any subscriptions
don't pay to list domains for sale
don't buy into the hype
don't pay anyone the attention, that they think they deserve

Good Luck!

imo....

Keep reading the right pane updates of Namepros for a month. Till then, do not register any domain. After that, start reading the end user thread. Gather info. This may take another month. Then, you will not have much questions.

The best advice I can give you is to not spend a single penny until you have been reading about domains at least 6 months. There is money to be made in this business but do not be fooled by everything you read, it is not as easy as you may think it is. There is absolutely no short cut in this business but all the information you need is here on the boards, you just need to read and read and read.

There I kninda pointed you in the right direction.

Thanks for all the advises. That was what i'm looking for. You guys have been a great help .

Syuhide said:

To be honest, i have to go through 30 forums a day cycle by cycle . Participate actively in those forums. I'm just hoping for someone to have a slight push to the right direction.

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First off, welcome.

30 different forums a day? I would say your spreading yourself across way to much. There is no reason to be a part of that many forums. You would be better served to stick to this forum and read as much information as you can.

As mentioned above, no one is going to just give you the answers to all your questions because all circumstances are different. If you are just getting started, go to the beginner section and browse around there. Read then read some more. Take down notes if you have questions on certain things then when you can, private message others or start a thread to see if someone could answer the questions you have.

I've found there are pretty awesome people here who are open to help anyway they can.

-Omar

Best way to learn is reading threads here on NP, but you can also use others domaining forums/blogs...you'll learn everything needed to have success in buying and selling domains.

Hi omar, I'm more active in making money, finding all sort of ways on the net and i believe that domain names are just a sub topic in it.

My first post is to understand the surface or the overview of this topic. I'm more of a bigger picture guy rather than trying to be a professional domain trader like many of you. It's a profession and i respect that.

I'm constantly thinking of ideas to see new opportunities that have yet to been created. I do appreciate all the replies here. But i'm sure many of you had misunderstood my intent.

Anyway, great to know that there is still a big portion of the community that is helpful. Thank you all.

Syuhide said:

Hi, i'm super new to domain scene . I came into contact with this buying/selling while searchin for materials to promote. I found this an art, the same way i see a lawyer.

I'm interested to find out what knowledge is require for a beginner to start off with. Is there still market for newcomer to join the competition? What other softwares is there that i can try?

Do i need lots of capital? How is this still not saturated ? Can someone guide me to some resources? Sorry for been lazy but i feel that a good guidance would save me alot of trouble and also not been drifted away from the correct ethic . I came across a software name domainhuntergatherer .

Is that piece of software of any help ? Thanks for all who would be willing to help . A great community to join. If i broke any rules here, kindly educate me please. Thanks again.

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To get started, all you need is:

1. in-depth knowledge about what domaining is and how it works (you can start learning about it right here at NamePros. Also watch interviews of famous and top domainers like Rick Schwartz, Adam Dicker, and others on DomainSherpa, you'll learn a lot.)
2 Learn how domain names work. Check what has sold in namebio.com.
3. Make it your habit to browse domain aftermarkets to see what type of names are offered for sale. Also see sites for dropped domains.
4. Once you are sure that you've picked things right, buy 4-5 domains. Start by buying generic/keyword domains and not the brandables at start. If you have good budget (upto $500), buy dropped domains.

Good luck,

There are 2 main business models on domaining

a) trade high value domains

b) trade low value domains

a) On this forum, you'll find many professional domainers trading high value domains, typically in the xxxx or much more.

This business is very much like trading high value antiques/pieces of art and/or partly like stocks.

You buy domains in various places such as auctions, forums, personal relations... and you sell what you've bought for a higher price. It supposes you have a good idea of the 'market price' for a domain and that's the most difficult as there are no rules. You also need to know where and how to sell at a higher price. Like in the antique business, networking is very important.

Some domainers also buy domains hoping for an appreciation over time, like the stock market. It then requires quite a bit of capital.

Overall, you don't need much capital to start. You can buy domains in the low xxx range and sell them for xxxx. Start buying about 5 domains and don't buy anything else until you've sold enough to recoup your investment.

This business model can easily be a part time activity

I wouldn't recommend this model for a complete beginner, but it's certainly feasible. Wait and watch for several months before you start investing.

b) Trade low value domains is an other approach, and it's more suitable for beginners.

In this model, your selling price is likely to be in the low xxx range and your customers (buyers) are often small businesses. They can also be other domainers who have the right experience to sell for more than you. Sales are done by direct contact (email) or low end market places such as forums. Networking is not critical.

Examples of such domains include Geo domains (such as charlotteplumber.com or richmodnattorney.com), personal names (such as JohnDoe.com or BillUsedCars.com), low demand keyword domains...

The margins are usually small, and the amount of work is very sizeable. This model is rather a full time job.

This model is not popular on this forum: the main reason is that usually it's no more difficult to sell a domain in the xxxxx range than it is in the xx range.

This model is suitable for a beginner if you are well organized.

Good luck and welcome to the forum.