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What To Do To Make Money Online? - Business (1034) - Nairaland

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Re: What To Do To Make Money Online? by tosan200(m): 7:54pm On Dec 25, 2019
Heyzee5:

Congrats man. POrtfolio size?
101

7 Likes

Re: What To Do To Make Money Online? by Geofavor(m): 8:01pm On Dec 25, 2019
tosan200:

This is Massive. Thanks for this
Small sale to report for December
Meridianmedspa $300
Sarasotahomeremodeling.com $150
Photographersarasota $50
PoolandSpabuilders & 250
Jacksonvillecountertops $100
Connecticutlandscape $800

All on Dan except the last on Afternic
Congrats... I'm guessing these are all ED dropped names.

The emboldened, was that BIN or offered price?
Re: What To Do To Make Money Online? by tosan200(m): 8:11pm On Dec 25, 2019
Geofavor:

Congrats... I'm guessing these are all ED dropped names.

The emboldened, was that BIN or offered price?
The buy offered and I took it.
Re: What To Do To Make Money Online? by 2horsePOWER(m): 8:21pm On Dec 25, 2019
tosan200:

Not really sure who bought the name

The offer was inbound?
Re: What To Do To Make Money Online? by ayomide32: 8:38pm On Dec 25, 2019
Beck planet
Re: What To Do To Make Money Online? by tosan200(m): 8:56pm On Dec 25, 2019
2horsePOWER:


The offer was inbound?
The buyer bought it. The bin was 300
Re: What To Do To Make Money Online? by Ibrixy: 9:03pm On Dec 25, 2019
Please, how long does it take netsol to transfer-out domain?
Re: What To Do To Make Money Online? by All4good: 9:12pm On Dec 25, 2019
beckplanet:
Hence the journey began continuation.....
Hence with a portfolio of 300 names the journey commenced in 2019.

Fantastic diary.
I wish you more Grace
Re: What To Do To Make Money Online? by Buhari2019: 9:16pm On Dec 25, 2019
tosan200:

This is Massive. Thanks for this
Small sale to report for December
Meridianmedspa $300
Sarasotahomeremodeling.com $150
Photographersarasota $50
PoolandSpabuilders & 250
Jacksonvillecountertops $100
Connecticutlandscape $800

All on Dan except the last on Afternic
So beckplanet report made you to report sales after hiding sales for months. We are watching shocked

8 Likes

Re: What To Do To Make Money Online? by crudedude(m): 9:21pm On Dec 25, 2019
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?

edit: I know I've asked this before but what tool do you use to manage your portfolio? MS Excel? Epik, Afternic?

1 Like

Re: What To Do To Make Money Online? by AMZYMAYO(m): 9:22pm On Dec 25, 2019
EGUNSOLA14:
next time try to familiar yourself with their exchange platform, there you will sell without 2% charges. Meaning you only pay #200 withdrawal fee. Congratulations
Thanks. Could you please explain how I'll go about that?

Modified - I read your reply already. Thanks

1 Like 1 Share

Re: What To Do To Make Money Online? by beckplanet: 9:26pm On Dec 25, 2019
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 cool

9 Likes 1 Share

Re: What To Do To Make Money Online? by 2sexycom(m): 9:28pm On Dec 25, 2019
Geofavor:

Interesting



You're right.

What I want to know is how your endusers process the transfer straight to your local bank account. For instance, when one of your previous buyers used transferwise (assuming it's the best), how did they go about it?

Just give them your bank, your name, your address, and phone number. Then tell them to choose naira as the currency you would be paid. All these can be found on their dashboard.
Re: What To Do To Make Money Online? by 2sexycom(m): 9:36pm On Dec 25, 2019
beckplanet:
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 cool
This is good.... really good. awesome! but you didn't state whether they were inbound or outbound. I believe inbound it was.
Re: What To Do To Make Money Online? by ikhalyfah(m): 9:53pm On Dec 25, 2019
beckplanet:


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


Peace cool
@2sexycom

1 Like

Re: What To Do To Make Money Online? by Heyzee5: 10:00pm On Dec 25, 2019
Buhari2019:
So beckplanet report made you to report sales after hiding sales for months. We are watching shocked
grin grin grin grin grin grin abi ooo!! And to think he called all of those small sale!!! grin grin

2 Likes

Re: What To Do To Make Money Online? by Josmila(m): 10:09pm On Dec 25, 2019
Can y'all for heaven's sake quit quoting Beckplanet's entire post? You can mention him in a fresh post and still gain his attention

8 Likes

Re: What To Do To Make Money Online? by Buhari2019: 10:10pm On Dec 25, 2019
Heyzee5:

grin grin grin grin grin grin abi ooo!! And to think he called all of those small sale!!! grin grin
Don't mind him. The most painful part is that it's just a geo domain sales. Wondering what will make me to hide a geo sales that I picked from ED.

1 Like 1 Share

Re: What To Do To Make Money Online? by Josmila(m): 10:11pm On Dec 25, 2019
Qulink1:

Hello Boss,
I just completed the verification 1 and 2 is requesting for ID card which I don't have,
Will the ID card issue hinder me from getting paid.
Thanks

Sorry I'm just seeing this. It shouldn't.

2nd verification is needed for bigger transactions

1 Like

Re: What To Do To Make Money Online? by viktor88: 10:11pm On Dec 25, 2019
As a starter in this hustle, what I learnt from beckplanet today and I want most starters to know is percentage of his sales and his portfolio sizes, his sales percentage is below 20 and he had over 300 domains but a lot of starters will buy their first 3 domains, if the domain did not sale they will be discouraged.

I wish someone will do this kind of account with a geo so that most of all that are into Geo will know what to expect.

5 Likes 1 Share

Re: What To Do To Make Money Online? by Opistorincos(m): 10:17pm On Dec 25, 2019
viktor88:
As a starter in this hustle, what I learnt from beckplanet today and I want most starters to know is percentage of his sales and his portfolio sizes, his sales percentage is below 20 and he had over 300 domains but a lot of starters will buy their first 3 domains, if the domain did not sale they will be discouraged.

I wish someone will do this kind of account with a geo so that most of all that are into Geo will know what to expect.


Domain names no cheap na, na where the wahal dey
Re: What To Do To Make Money Online? by Qulink1(m): 10:27pm On Dec 25, 2019
Josmila:


Sorry I'm just seeing this. It shouldn't.

2nd verification is needed for bigger transactions
ok boss

1 Like

Re: What To Do To Make Money Online? by iCauseTrouble: 10:41pm On Dec 25, 2019
Please how can I bulk edit my domains on 123-reg? Selecting these domains one by one to change the nameserver is not nice at all
Re: What To Do To Make Money Online? by tosan200(m): 11:27pm On Dec 25, 2019
Buhari2019:
So beckplanet report made you to report sales after hiding sales for months. We are watching shocked
Not really, just been too lazy to type here. His sales report inspired mine

3 Likes 1 Share

Re: What To Do To Make Money Online? by Smartquotes007: 12:27am On Dec 26, 2019
Simpsonrocket:

Im sure of GoDaddy, dynadot, maybe namesilo. My 123-reg Domain was rejected a couple of time but was approved after the transfer lock was over.

I'm also on the same boat boss so u mean once the lock period is over I dnt need to transfer to another registra before submitting again?
Re: What To Do To Make Money Online? by 2sexycom(m): 1:44am On Dec 26, 2019
ikhalyfah:

@2sexycom
thank you.
Re: What To Do To Make Money Online? by 2sexycom(m): 1:48am On Dec 26, 2019
viktor88:
As a starter in this hustle, what I learnt from beckplanet today and I want most starters to know is percentage of his sales and his portfolio sizes, his sales percentage is below 20 and he had over 300 domains but a lot of starters will buy their first 3 domains, if the domain did not sale they will be discouraged.

I wish someone will do this kind of account with a geo so that most of all that are into Geo will know what to expect.
lol, Beckplanet has another source of income aside domains... that should sink in but you can still do it with high knowledge. You guys should spend more time learning than quickly going off to start registering. I think I spent close to 3 or 4 months reading namepros before the first sale.

4 Likes 1 Share

Re: What To Do To Make Money Online? by mazizitonene(m): 2:17am On Dec 26, 2019
beckplanet:
Hence the journey began continuation.....
Hence with a portfolio of 300 names the journey commenced in 2019.

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 cool


wow, just wow....really inspiring....really really inspiring......taking one two cues from you. Tho I'm just over a year old, 2020 will definitely be great.....going back to the drawing/study board........by the way 2019, has been a good year here too....

Beautiful inspiration.... smiley

5 Likes 1 Share

Re: What To Do To Make Money Online? by Geofavor(m): 5:51am On Dec 26, 2019
2sexycom:


Just give them your bank, your name, your address, and phone number. Then tell them to choose naira as the currency you would be paid. All these can be found on their dashboard.
Thanks
Re: What To Do To Make Money Online? by AroFx: 6:16am On Dec 26, 2019
Just nab a sale with the holiday outbouding format.
Alliamdullilah

7 Likes

Re: What To Do To Make Money Online? by AroFx: 6:29am On Dec 26, 2019
Please is this how LUNO btc address looks like


And sheybi I will just copy and paste it for my acct in dan.com ni abi

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