₦airaland Forum

A Brandable Tip....

How to determine the current market trend. This is not the only way there are others out there (You can research to find out)... But this is sure a simple one. Hope it helps someone.

Happy New Week Everyone....!!

Peace

paulsir:
Brandable tutorial loading ..

Wawuu.... That'll be a nice read. I'm Anticipating

zanebaddo:
Didn't find any mail in my box bro

Lol, i replied you bro. Even your first mail 3 days ago i replied that. Check your spam folder maybe. I guess you're agb************@gmail.com

zanebaddo:
baba beckplanet I sent you a pm don't know if you saw it...please do reply so I can ask you something abeg

Noted check your mail.

2sexycom:
Its only among Nigerians I see this religious lacing to domain sales and it has been shipped to namepros as well.

In all my years of using namepros, I didn't see anyone do that until we Nigerians started it there.

Says a lot about how we view things.

Rick Schwartz and other top dogs in the industry don't do that, it does not mean they may not believe in God or that we know God more than them.

For what it is worth, success will locate you when good foundation is laid.

You might be right bro, we all have our various views and thoughts towards how life should work and what not.
However my view is simple and i stand by it. I do not see anything bad in someone making a sale and giving the glory to God.

I don't support over doing it but it can't be NULLIFIED either .

Peace

Crazeworld:
You guys are beginning to make this domaining religious.

But you should understand that God doesn't hold any good thing away from anyone because they didn't pray to him. Just do the right thing in your power and leave the one outside it to chance.

PS: I've not made a sale but it will definitely happen especially when I'll appreciate it the most. May our luck find us all!

Bro the God factor is Very important factor in Domaining let that sink.

There were times i did so much work and didn't get the desired result because somehow i was relying on my knowledge and strength and kinda disconnected from God. But it was surprising to Me that immediately i came back believing and reposed confidence in God sales happened even some unexpected sales. Some might not believe this but it's true.

God factor is Key it is called God's Grace.

And mind you when people make a sale and mention God's grace, you the reader might not understand the context through which they're speaking from hence they know their EXPERIENCE better than anyone. it might sound all too simple, easy and common to you when you reading it, but to them they're talking from conviction.

Some might believe in other things tho, But i rely on God to help me because it is not always about strength, work, and how much i know.

Peace

Channel5:
Bro is not bad if you mentor people on brandables if you are good at it, then nothing is bad mentoring people for a token.

Everyone has there niche, iykepromotions is for GEO, you are based on brandables.

I know you will say, you are stealing iykepromotions customers or something, but he might not even be seeing that way, I see at as you reducing the workload for him ..

That's my opinion Bro

I'm already doing that here bro.

Brandable Niche is very spontaneous (Trends changing every day) not like Geo that is constant. It's hard to predict what will sell and what won't. So what you need is the right Knowledge and that is what I've always shared here.

Talking about mentoring, I'm already providing guidance and help to some persons on and off this thread.

Peace

zanebaddo:
baba beckplanet just sent you a pm...want to ask you something

OK Noted.

boladale123:
@beckplanet,
Please,in God's name can you teach on domain name mining?

I have wasted alot of fund trying to get to do something online,but all to nothing.
This is near year and I really need to do good with my time,life is meaningless without a passive income!!

Kindly, assist a broda in need.
I shall cherish your contact if you will oblige.

Read this thread bro. It is very resourceful. All you need to succeed in Domain business is in this thread, I've always contributed my quarter from my experience. If you can be determined to start reading soonest then you're not far from success. Many successful guys started here(I mean from this thread).

For personal mentoring unfortunately i don't do that, but you can Contact Mr iykepromotions the Op of this thread, i trust he can help on that.

Goodluck

division2020:
@beckplanet Good day boss, any number to reach you or email address?

Dm me through NL. No mobile contact for now.

Farouksenior:
Head dey pain the owner. To seriously think it’s worth 4k.

Chai na .. 5k. sef

Lol, ah swear.... Least i would have priced the name is $750 and at $1495 Max.
Buh value lies in the eye's of the seller.

2sexycom:
its actually a Dutch word for Trainee. I will renew it for next 5 years until it sells

Wow nice catch there. Goodluck.

2sexycom:
I understand jare. That can tire dey tire person sef... you will just sleep like a beaten wood lol and it is the fastest kinda sleep. I currently have Traineen listed for 1k above CannaVue.

There was one like that...

HomesPrint.com... it met all my parameters and was on pending delete but I was worried about the dollar exchange rate that time because dollar was almost 500 naira per dollar and if it goes to $300 or 400 during bidding and still not sell at the end of the day, I would have my money hung in there.

So all my mind was that there will be fierce bidding... na so i remove my mind. That domain sold for 4k+ about 2 months later and when i checked the auction ending price, it was less than $90... if only i had monitored it. the buyer at 4k dropped it and it is now in possession of someone else.

Wow, "Traineen" sounds like Trainee with an "n" which makes it a nice brandable term (Which can be used by a Training Agency, Talent scout network, A training tool app or even a Job recruitment program.). It also sounds like the real word "Training" which can be used for a lot of this as a brandable term too. (Goodluck on that one boss)

About "Homesprint" it happens all the time, you got to move on going forward and hopefully to stumble on a better name sef as there are alot of untapped opportunities in this industry.

Peace

2sexycom:
I never make that mistake before, except I was not so convinced about buying the domain name.

Boss i was surprised how i slept off that said night between i was stressed up that day. Between leafvue dot com just sold at squadhelp (That's for someone who was asking if cannavue can be worth anything.)

In Domaining tho the worth of a name is in the eyes of the seller and buyer vice-versa.

Cannavue dot com currently listed at epik for $4999 at the moment.

Peace

.

iCauseTrouble:
I listed one of my names on Squadhelp for $2899 but the potential buyer is asking for discount.
Advise please.
Cc
Beckplanet and other brandable experts

Reduce price and sell asap. Then reinvest.
Goodluck

luvluvluv:
Cannavue was worth anything?
I had it with me till i reg something else. It was available for a while. Never went back to check.

Got me thinking what tools ur using.
I need to learn something new

Lol, no tools bro just Google and expireddomains(With some brandable knowledge gathered over time) . A short popular keyword + vue is good for branding. But the suffix (vue) doesn't always rhyme well with most words thus in rare occasions it does. However on the case of canna it combined well and with the dot org already developed is an advantage. Hence it's a good brandable term.

Between you don't need any tool to know a domain's worth all you need is the right knowledge. That's why research and more research is paramount.

Peace

luvluvluv:
My miss of the day..

Propertymanagers/king


Happy if someone here caught it

Lol, sorry bro. Nice try next time you'll get there.

My miss of the day yesterday was Cannavue dot com

Still scratching my head how i missed on that after doing some research on expireddomains (Name was available) then i added to Registrar cart and was about to reg then suddenly slept off... Only to wake up and name is gone.
Worst of Cannavue dot Org already a developed consultant cannabis site

Domaining can be rough play at times i swear. But You got to buckle up and move on. Better opportunities awaits ahead

haykay2005:
Congratulations to all recent sellers @beckplanet,that was a good one. ride on bro

Thanks Boss. Much appreciated.

Dreydoe:
okay boss. So you mean I have to be connected to Fast transfer on Afternic? E.g .best is not eligible for fast transfer, will the .best domain still be visible in other marketplace

I have sold names without the Afternic fast Transfer network.... What i just outlined is the advantages of the fast transfer network but it is not a must to use it before your name sales. Afternic takes 60 days for your new registered domain to be on the fast transfer network but basically most names listed there sales before 60 days. So it's a two way thing. It's just for more exposure nothing more

Dreydoe:
Twale what a Journey. Please on Afternic do you have any special tweaking when listing names on there?? I noticed my domains on Afternic don't have any single view

.
I don't know of any. I just list my names there and trust God that they sale.
Between afternic don't need views to sale your name. Once your name is in their fast transfer network it'll be visible to over 14million audience across different Registrar's and networks. That in it self is an advantage. Not necessarily when someone visit your name via afternic marketplace or landing page but through other venues. Like if you list your name there and search it through namesilo or name dot com or even through who dot is for example you'll see the name displaying the price tag you listed it with at afternic. That's networking and that's where most of the sales comes from at afternic.


Hope that helps.

Peace

biuti:
Hello house, compliments of the season to everyone.


Let me report my little sale too

Congratulations dear.

johnoj24:
@ beckplanet thank you and every other persons who have contributed in one way or the other here.
I have a domain paygalore/king which is listed for $1999, is the price too much?

Okay price. Goodluck with that

Helpful Stat...

Although this might vary for different people.

Stat shared by Keith DeBoer on BB slack channel.

crudedude:
beckplanet thanks for your detailed post. More sales to you in 2020

How do you manage prices across all platforms?
do you review your prices once in a while or it's set and forget?

Lol i struggle to set the right prices at times bro. But i review from time to time and when i see a hype in trends and i have related names, i simply go and do a slight price adjustment in other not to leave too much money on the table.

On managing portfolio i simply use an android app called "Note Everything". Copy and paste basic informations. And save them as txt files as backup just in case. Although excel is equally good but for management but since i use my phone most of the times for simple task I'm cool with the aforementioned app.

Peace

iCauseTrouble:
Beckplanet, thanks for the wonderful analysis of your portfolio and sales. That's quite motivating and inspiring.
My question for you is what is your BIN pricing like especially for your domains on Afternic

Currently with growing knowledge
I have names i price between $1995-$5995(Please if your names ain't quality don't try such pricing because it won't sell that easy unless on quality names)

I equally have name in the following categories

$1295 - $995
$795- $750
$305 - $495 (sweet spot)
$295 - $205
195 - 105 (sweet spot)
$75 - $99 (Sweetest spot)

General in Domaining names tends to sale faster when they are priced low. But each time you have to follow your instincts on what price you feel is best for your name. But i sometimes i say don't hold unto your names so tightly because Domaining is a business and must be treated as one. For example if i have a name i value at $750 and i Recieves an offer of $250 for the name instead of trying to milk buyer to squeeze more for the name and sometimes risk losing the sale I'll simply accept offer and move one. (The logic there is with that amount on offer you can get at least 10 names more better than that name and still have some balance to spare. So instead of holding onto a name for a long time why not flip it and improve on your portfolio i guess that's why it's called domain flipping. You don't hold onto a name for long that's time wasting. Hence my simple strategy is sale quickly and move on to the next idea.

Peace

ikhalyfah:
First of all, I want to show appreciation for this wonderful write up, indeed only a few will take their time to provide this information.

I've always been a fan of ur post, thou u are not a regular 'poster', but whenever u make one its very educative and beneficial.


If i have any question it will be,
1.What is the AVERAGE hold time for the whole sale u made in 2019?

2. % of outbound sales?

3. % of non handreg

4. Any special method of selling to investors? And do u only sale names on NP u don't feel like renewing or u sale anytime u feel like doing so?


I hope u won't mind addressing the questions.

Congratulations! And more sales to us all!

Alright thanks for your kind words.
First off aside from registering brandable names. Selling them is also hard. Not easy truly

1. Average hold time is 6 months
2. % of outbound is maybe 10%, 90% inbound sales.
3. 100%. All are handregged as i don't buy names from auction houses, closeouts or dropcatch. Although I'll be looking to address that the coming year as most times names picked up at closeout, dropcatch or auction houses is way better. But i still do pretty well picking names myself from expireddomains List its exhausting but rewarding.

4. I sale at namepros anytime i need to liquidate my portfolio. No method needed just head to domain request thread and see what name investors are looking for and pm to offer names at reseller prices. Sometimes this is very helpful though the funds are sometimes minimal.

Peace

horlamilekan23:
Thanks for your insight bro.
May I ask how to verify my names on Afternic

You don't need to verify names at afternic just create an account and list them. Unless you want to subscribe to their after transfer program then you list and wait for 60 days they'll send message to your registrar and you approve from there.

Please modify your last quote and reduce the content. To make it a short read.

Peace

Hence the journey began continuation.....
Hence with a portfolio of 300 names the journey commenced in 2019.


January :
2019 began with 7 sales in January from Afternic

Sold names like

Hempita dot com $299
Herbalbaba dot com $199
BuildLuxe dot com $150
Gildchain dot com $199
Robotionary dot com $150
Fiatluxe Dot com $195
Nutricoins dot com $399 (maybe because of the crypto craze)


Netted around $1800 from sales in this month from afternic and few other sales from namepros auction sales.
January Verdict : January was by far my best month so far in terms of turn over but not profit. Some of the sales maybe inspired by start ups starting the year with fresh ideas or acquiring a name for there upcoming businesses.


February :

Had 3 sales in February 2 at afternic one at Dan

HempCircus dot com $250
Hollandlabs dot com $200

Oscarautosales dot com $125 (@DAN)

February Verdict : I noticed a continuous interest and demand in CBD/Hemp names due to the growing popularity of the cannabis industry but unfortunately i had few names in that space hence my interest increased as I monitored the space.

Net proceed for February : $575


March

Had 4 sales in March at afternic and 2 major sales at namepros through selling 2 BB published names to brandable investors


SwiftRestore dot com $750
Mediaviser dot com $350
Duratoken dot com $250 (BB published name sold at namepros)
Duracurrency dot com $100 (BB published name sold at namepros)

March Verdict :
Pretty a solid month considering a slight rise in price of sales. Started building a squadhelp portfolio in this month.

Net proceed for March : $1450

April

Lol April was a quite month no sales at major marketplaces. Accept a few namepros sales as i already built a strong network of domain investor friends there. So i sold a bulk portfolio of 10 BP(Brandpa) accepted name for $250 mind you this was when Brandpa names was in demand not anymore and another bulk of 10 Brandbucket accepted names for $200

April Verdict :

Really a slow month but i still managed to make a turn over to steady the ship. And liquidated roughly 25 names at namepros for $500 in total.

Net proceed for April : $500

May :

May was blank inside and out as i reduced my activity in Domaining to focus on other issues of life majorly on a program i was working on. Though i manage to have one sale at Dan for a geo name i almost forgot exist in my portfolio.

Net proceed for May : $150

June :

I returned back to business in June. Had a few unlucky offers $1500 and another $750 where buyer disappeared after i agreed to their offer. Well i move on.

Had 2 sales in June at afternic

Digitlytic dot com $ 350
Suitefy dot com $799

Verdict for June

Well a few disappointments but it was all good the sales made up for the loss.

Net proceed for June : $1150




July

3 sales in July.
July hit me with 2 major sales in brandable marketplaces and a sale at afternic


Kanibi dot com $1700 (Brandpa)

SavvyCBD dot com $1799 (Squadhelp)

Advviser dot com $300 (Afternic)


July Verdict
July became the strongest month for me in net profit as i also sold names at namepros too, to domain name investors.

Net proceed for July $4200


August

August was fairly good month too and strong month from afternic at i sold 4 names there and a further 2 names sold at Dan.

Exolytics dot com $350
CbdsupplyUSA dot com $305
HealthViser dot com $795
CBDpura dot com $400
Remedycleaning dot com $50
Gracefinancialservices dot com $350



August Verdict :

In one word "Strong August".

Net proceed for August $2250



September

September was pretty good as August with one major brandable marketplace sale at squadhelp and 2 afternic sales

Apexster dot com $1799 (Squadhelp)
RipeCoin dot com $350 (Afternic)
NeuroArmor dot com $300

September verdict :
September was nice as August

Net proceed for August : $2450


October :

October was fairly quite at afternic though i managed to have a sale there. And a couple of low sales at epik as i was trying out there bargain marketplace

NexaCBD dot com $1400 (Afternic)
ChimpHero dot com $79 (Epik)
CBDtraffic dot com $79 (Epik)
FuturePays dot com $79 (Epik)

October Verdict :
Well October surprised me with surprise sales. But it was all good as a learnt a few things like tasting epik out and then pointing more names there although I've not heard from epik again after then. But a few offers and nothing more.

Net proceed for October : $1670


November :

2 sales in November at afternic

KeepSwift dot com $350
Blockvera dot com $495


November verdict : Fairly good month.

Net proceed for November : $845

December

Ongoing though 2 sales so far at afternic

Drcanna dot Co $295

Kreditwallet dot com $150 (well i don't like typos or mispelt names and was surprised this name sold. With my wealth of knowledge in this niche i will pass on this name if i have the chance to register it today. Creditwallet is definitely a better name)

December Verdict : slow month and not what i expected as resulting to my portfolio growth so far in the last quarter of the year. But generally all good as some couple of sales happened regardless.

Net so far in December : $450


Conclusion :

In conclusion i had in total of 37 major marketplace sale from a portfolio that started the year with 300 names that roughly more than 10% sales through rate and judging from a sales point of view the sale ratio is impressive considering all the sales are mostly from passive sales (inbound) and i had little work to do as to how to sale the names but much work to do as to how and what name to buy/register.

Fact stat : Afternic was the strongest sales venue for me racking up close to 90% of my portfolio sales.

Hence
Total names sold : 37 name
Total Net proceed : $17,335
Net profit after commission deduction : $13,000
Investment amount : Roughly $1000 (Due to netsol promo)
Further Investment was made after sales. To close up for names dropped and renewals plus acquiring new names.

Current portfolio size : 525 names

Squadhelp portfolio currently : 105 names ( 5 of those belongs to squadhelp while the other 100 are owned by me)
Brandpa portfolio size currently : 30 names
Brandbucket portfolio currently : 7 names

Although I'm looking to build a Brandbucket portfolio again but that will be pretty hard considering their length of review time. I currently have names there submitting for review for 4 weeks and counting.
Brandpa has not lived up to the hype although i managed to renew a few names there to give them another year and see what happens.

What i have learnt this year :

Making better decisions while registering or buying names. Instead of registering shopavio dot com or shopically dot com for cheap I'd rather got for shopsy dot com and pay more. In Domaining the more Quailty your names the better. I learnt this the hard way and I'm now gradually making better judgment in what i add to my portfolio and what to evict.

Renewal times gives you a better idea of whether you have good names or not. Don't ask me how it's better you experience it yourself and learn.

I still sucks at pricing names and still have alot to learn in negotiating and closing a deal. Although I'm learning gradually.

Namepros is still a great place to start as a newbie. Nairaland also a vital tool to hear and pick invaluable experience from fellow countrymen.

Lastly with God all things are possible.


I hope you learnt a thing or two from my experience.

2020 will be great for Everyone.

Peace

My Domaining Experience 2019


Well i started this year 2019 with lots of anticipation and expectations having a feeling that time was ripe for me to start earning like a boss after some rough experience, in depth researches and learning process, accumulating knowledge here and there and making some really crazy investments into building a portfolio. It there is one thing that i do really well in this business, that is reinvesting heavily into my portfolio each time i make a sale.
This I see as a sacrifice as i treats domaining as my self owned business.

Example of the aforementioned :
Let's say i sold a name for $399 at Dan and after commissions deducted I'm left with a net proceed of $340 then after bitcoin conversations (339 x 355 = #120,245)
This is a rough estimate an might not be constant due to changes and fluctuations in the exchange market.
Let's see after the sale my net proceed is 120k i wouldn't mind reinvesting at least 70k back to purchasing/registrating new names and upgrading my portfolio.

Hence i started 2019 with a portfolio at around 300 names (heavily helped by the networksolutions promo period)
*My portfolio was Mostly hand regs picked from expireddomains (note because by now with 6 years of Domaining experience i now know what to reg to some extent)
*Again my portfolio was Mostly made up of Brandable names. This is largely because i fancied the niche more than geo niche or any other niche in the industry and this is down to my creative side of making names and i see coming up with brand / made up names more as a hobby than a trade. It was something i enjoyed doing. And having admired the successes of people like Keith de boer, AbdulBasit and Doron at namepros. There talents and craft in the brandable niche together with the knowledge from written articles by them inspired me to focus fully on the brandable space rather than Other domain name categories/types.

* Finally, starting 2019 i had accounts with Brandbucket and Brandpa as little was known about Squadhelp. With 25names at Brandbucket at that time and 40 at Brandpa.

Most of my names were listed at Afternic and Dan pointed to Undeveloped now DAN.

with little successes from Godaddy / Sedo and didn't bother much about listing there.

Hence the Journey began.......Next post coming soon...

Peace

Heyzee5:
Boss, you did not say anything about the coloured part.

Lol, Read carefully boss statement is a future tense with will (i.e I'll) in it. Meaning I'm working to put things together.

Don't worry I'll drop it when it's ready. On the next post

Peace

Merry Christmas Fellas....

Oya lemme do a small Appreciation Post


It's been an Amazing year. 2019 was a good year for me in the domain biz and I'll give God all the Glory for the milestones achieved. I know I'm not the only one and many booses in the biz and newbies has some taste of successes too. It can only be God that made all those possible.

Well to round up the year I'll be doing a brief review on my domaining journey this year and what i learnt. (This will basically be in the Brandable names space as i am more a brandable name investor and analyst than any other type of domain names category.) i hope someone might be willing to come up and do same for geo names space and share some experience too so that everyone can learn.


Honorary thanks to the bosses in the house for keeping this thread alive with motivational guides, sharing from their wealth of knowledge and experience and answering all the questions asked here (Believe me your contributions has been of immense help to many)

Special Thanks to Mr Iykepromotions the Converner / Initiator and Founder of this thread. Sir your contributions has blessed many lives and helped many Nigeria youths find a path in the online wealth space (Many are doing a Legitimate business online because of you sir)

To all the other bosses i don't want to mention names, your contributions has made significant impact and will continually do. Just know that you're changing lives with each contribution you make on this thread. Thank you Sir's


To all the newbies (Thank you for for skeptical hard questions continually asked here, i hope many learnt well this year and i believe next year will be a step to another level. Most importantly be humble and teachable(Staying appreciative is key to faster learning), you guys will become bosses too someday. Some are already are pros sef, I've observed some successes obtained and it can only get better.

For those who didn't have a great year, don't worry next year is for you. The world will hear your success story soon as you are next in line.


All in All, i appreciate God Almighty for the strength of steel he has granted us along the way through the ups and downs, disappointment and frustrations, successes and smiles. It has been God all the way.

Thank you Everyone.

Peace