If you want motivation related to Domaining, add Mike Mann on FB

Arpit131 · May 13, 2015

Mike Mann, one of the popular names in the domain industry and the person behind businesses such as DomainMarket.com, SEO.com, Phone.com and many more is a perfect person to follow on Facebook.

He posts his domain sales occasionally. Occasionally may be defined as once a week atleast with sale in 5-figures mostly. The acquisition prices of the sold domains are mostly hand-registration prices or a little north of that in high 2 to low 3-figures.
He also posts the date of registration/acquisition.

I personally find it really motivating to see such sales. Also, the domain sales reported by him are mostly common domains and I do not see many of the sale of premium domains.

The latest sale that he posted was that of FotoMurales.com at $45,000 which he purchased on 9/7/2012 for $109.

Jasonn · May 13, 2015

I'm not really sure you can call it motivating when 99.99999% of domainers will never be in the same league as him. when you own over 200,000 domains you have to get good sales every week.

Nattydomain · May 13, 2015

Jasonn said:
I'm not really sure you can call it motivating when 99.99999% of domainers will never be in the same league as him. when you own over 200,000 domains you have to get good sales every week.

True, but the domains he sells a lot of times would get "reg fee" from an apprasial on here so it gives a lot of those hope

awei · May 25, 2015

FotoMurales.com $45,000
i really dont get the point of "fotomurales"
to me it's a not-so-good brandable at most
can anybody tell me what's the good?

gilescoley · May 25, 2015

FotoMurales.com $45,000
i really dont get the point of "fotomurales"
to me it's a not-so-good brandable at most
can anybody tell me what's the good?

Its because its not english

Look at FotoMuralesMexico.com as an example

Domainace · May 25, 2015

Jasonn said:
I'm not really sure you can call it motivating when 99.99999% of domainers will never be in the same league as him. when you own over 200,000 domains you have to get good sales every week.

True and true. But almost any of us could have acquired fotomurales.com for $109. And theoretically any of us could have sold it for $45000. That's where the motivation comes in. It would be easy enough to flip that for 5 or 6 thousand and feel smug about it, never knowing what we missed.

venturefile.com · May 25, 2015

Domainace said:
True and true. But almost any of us could have acquired fotomurales.com for $109. And theoretically any of us could have sold it for $45000. That's where the motivation comes in. It would be easy enough to flip that for 5 or 6 thousand and feel smug about it, never knowing what we missed.

Actually I disagree with the second part of your statement. I doubt that more then 10 people in the world would be able to sell it at that price. Why? Because people would take a lower offer for this domain. I know that I would be happy with getting 10k-20k for it and would sell it at that price in a heartbeat. Especially if I paid $109 for it

Domainace · May 25, 2015

I don't see how you disagree. It's not that the price is unobtainable for anyone. It's just that, to get 45k, you may first have to turn down 5k, then 10k, then 20k, then 30k, then 40k. And we would have to be able to live with ourselves if the buyer walked away after we rejected 30k for that $109 name.
Most of us don't have the brass balls (or financial confidence) to take that gamble. But it's still a good idea to remember the possibility is there.

venturefile.com · May 25, 2015

Yes, theoretically any of us could sell it, but like I said the chance of that is very small because the fact that you stated above. You have to turn down many good offers to get that high..

Asfas1000 · May 25, 2015

Domainace said:
Most of us don't have the brass balls (or financial confidence) to take that gamble.

That's certainly a matter of financial standing. A guy with millions in his bank accounts can turn down $xx,xxx offers , while most people just need this cash to get things going.

NameAgency · May 25, 2015

Published on twitter the day after FotoMurales.com sale announcement:

"Looks like my big sale of Spanish domain yesterday was a fraud

"
Mike Mann

https://twitter.com/mikemanndotcom/status/598888365971394560

If you want motivation related to Domaining, add Mike Mann on FB

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