Before you start reading this piece, I quickly want you to visit two web pages so that you will have a background picture of what I want to discuss. The first web page contains list of top domain sales to prove that you can actually make millions in domain trading, a.k.a. domaining, (http://www.dnjournal.com/ytd-sales-charts.htm). The second web page is my own domain sales page to prove that a Nigerian can be involved in domaining, (http://www.flippa.com/7977489-jobsbrowser-com). You can also visit [url]afternic.com/domain/symbolling.com[/url].

Now let's get down to business. What is domaining? Domaining describes the activities related to trading in domain names. As of 2016, there were 123,963,640 registered .com domain names. The most expensive domain name was sold in 2010 for $35.6 million (Insurance.com) while VacationRentals.com was sold for $35 million in 2007 and PrivateJet.com was sold for $30.18 million in 2012 (https://en.wikipedia.org/wiki/list_of_most_expensive_domain_names).

The first and most important step in domaining is to know what sells. Research is the key to a good domaining business and it is important to know the current trends, latest news and updates. It is important to note that mainstream news portal don't report about domaining news unless there is a big sale. Hence, you should visit sites that aggregate domaining related news, e.g. domaining.com.

Drop your comment for more below if you want me to drop more.

How do I get started

How much start up capital are we talking about in order to do this?

I Don Join.

Rideon

The minimum start-up capital for domaining is $50 and you can invest as much as you can. It is very important to get all the necessary information and possibly training before venturing into domaining because of the risk involved. If you rush in, you may rush out. Furthermore, you should know the laws guiding domaining. The Uniform Domain-Name Dispute-Resolution Policy (UDRP) began in 1999 to protect trademark holders from cybersquatting, which is a term used to describe the act of intending to make money by registering, trafficking in or using a domain name simply to profit from the goodwill of a trademark belonging to someone else. If you buy a name that a company or someone has right to, the company or person can file a UDRP and you will be forced to give up the ownership of the name. As a result of this, it is very imperative for you to conduct your research properly and be sure that you are not buying someone else's trademark.

Let me know if you want more and don't hesitate to drop your questions.

solar2005:
Let me know if you want more and don't hesitate to drop your questions.

i'm following bro. Fire on.

solar2005:
Let me know if you want more and don't hesitate to drop your questions.

Name just 5 of your sale this year....

Just 5 only

Following. One of the biz i love to venture into but no one to guide.

solar2005:
Let me know if you want more and don't hesitate to drop your questions.

pesin don challenge u o.
minwyl start by listing requirements:
hardware, software, training costs and duration: fund transfers, hrs per day, etc.
do boys can take u seriously.
tnx

Carmal90:


Name just 5 of your sale this year....

Just 5 only

Visit https://flippa.com/users/407160/listings for some of my past sales.

Lokoyen:
Following. One of the biz i love to venture into but no one to guide.

Send me an email if you are interested in my mentorship.

aloeman15:

pesin don challenge u o.
minwyl start by listing requirements:
hardware, software, training costs and duration: fund transfers, hrs per day, etc.
do boys can take u seriously.
tnx

You don't need any special software for domaining, you only need your phone with internet connection. Your fund is easily transferred into your Nigerian bank account, either naira account or domiciliary account. Your fund can also be transferred into your payoneer card, if you have one. Domaining doesn't take much time as you can spend between thirty minutes and one hour trading daily.

solar2005:
Visit https://flippa.com/users/407160/listings for some of my past sales.

5 of your sales this year, we are in september you should be able to display that easily.......

solar2005:
Send me an email if you are interested in my mentorship.

Okay

Carmal90:


5 of your sales this year, we are in september you should be able to display that easily.......

JobsBrowser.Com, Sprugs.Com, Felup.Com, DentistPics.Com, GlucoseGel.Com, etc.

solar2005:
JobsBrowser.Com, Sprugs.Com, Felup.Com, DentistPics.Com, GlucoseGel.Com, etc.

you are not in best position to be a tutor yet...shalom

Domain appraisal is the most important factor to consider when buying and selling domain names because it will help you in making good trading decisions. A good appraisal will enable you to know the right price to buy a domain and the right price to place it for sale. The trick is to buy a valuable domain at a low price and then re-sell at a higher price. For example, I bought JobsBrowser.com (valued at $870) at $25 and sold it at $450 on auction (google jobsbrowser.com). If I had waited for the end user to come and buy it, I would have sold it for about $2,500. The most popular tool used for appraisal of domain names is Estibot.com and it is common to hear 'what is the Estibot value of that domain name?' in the domaining world. Estibot appraises domain names using a statistically driven mathematical algorithm based on historical public domain name sales data, as well as vertical and search statistics related to these domains.

Drop your questions and they will be treated.

solar2005:
Drop your questions and they will be treated.

Do you deal on expired domain or hand registered domain ? If expired, wat and wat do u look out for before buying ?

How and where can one buy expired domains? How and where can one sell such domains?

Before buying a domain name, there are many factors to consider. (1) Estibot Value (2) Pronunciation (3) Category/Niche (4) No Of Characters (5) Number Of Words (6) Memorability (7) Age.

Buying Domain Names: You can buy domain names at the primary and secondary domain markets. The primary market refers to registering domain names through registrars like GoDaddy, Namecheap, 1and1, Moniker and so on. It is very cheap to buy domain names from the primary market as you only need to cough out between $9 to $14 for a domain depending on the registrar you are dealing with. Unfortunately, majority of juicy domain names have been registered and that brings us to the secondary market. The secondary domain market, which is also known as the aftermarket, is the place to buy domain names that have been registered and about to expire or their owners want to sell them. Popular secondary markets include Flippa, Sedo, GoDaddy, Afternic (a subsidiary of GoDaddy), just to mention a few. Prices of domain names at the secondary market vary, depending on the value of the domain and other factors.

Nice lecture, Thanks for this, please how can you mentor me personally

slavemerchant:
Nice lecture, Thanks for this, please how can you mentor me personally

Send me an email, my email address is in my signature below.

Carmal90:

you are not in best position to be a tutor yet...shalom

pls create your own thread,let's learn from you.

How do i know that the domain name i want to use is not registered? and if its not reg how do i register the domain name. Thanks for the great work you doing.

Does your naira MasterCard work in godaddy ? I use fidelity tho.