How I made 20x ROI in 11 days selling a domain name

[lawz123]

Nicely done post.

I have a couple domains just sitting doing nothing, so I guess I'll give it a shot.

 

[stallion45d]

I wanted to share how I made 20x ROI in 11 days just by selling a domain name with email marketing. Hopefully it can be motivational for others out there who are trying to flip or sell domains too.

1) Found a domain that was recently dropped.

2) Checked and researched Google to check potential buyers. It was over more than 20 companies.

3) Purchased the domain name for $10.88 from a registrar.

4) Gathered emails of potential buyers by entering their website or a Google search.

5) Prepared a short and directly on point email template. No more than 3-5 sentences.

6) Emailed potential buyers. Some responded back interested and asking for the price.

7) After sending emails to potential buyers for 4-5 days I started receiving replies. Two companies were interested to purchase the name. After some back and forth replies and negotiations one of them agreed to purchase the domain for $250.

8) 11 days from the registration date I ended up selling the name for $250.


Yes, maybe it could’ve sold for more if I was more patient. But I’m happy with my return and directly settled for such amount. If I can do it, so can you!

I did the same with a misspelling domain 15 years ago. I bought It for 10 bucks and sold It for 60.
The trick could be sending traffic by creating backlinks and then show stats . But It is kinda scamming

 

[Tipitip]

I did the same with a misspelling domain 15 years ago. I bought It for 10 bucks and sold It for 60.
The trick could be sending traffic by creating backlinks and then show stats . But It is kinda scamming

Yes I wouldn’t want to provide any fake information to sell the name.

Instead of stats I choose to select names that are brandable and include keyword. After that I target companies who use similar domain names.

But maybe I’m wrong and I need to check the statistics of the domain and provide potential buyers more information regarding the name. Maybe it will increase responses.

I try to cut it short and avoid writing a long paragraph explaining how good the name is. But like I said, maybe I’m wrong.

 

[yungerpi]

Wow, that idea sound really interesting and creative... thanks (I know you gave some vauge tips and not the crucial ones... understandable...)

 

[Tipitip]

Wow, that idea sound really interesting and creative... thanks (I know you gave some vauge tips and not the crucial ones... understandable...)

If you have any questions, feel free to ask them here. If I can’t help with the answers, some other member in this forum might be able to answer them for you.

 

[Monzani]

Good thread...I will test this and respond here if I can sell it.

 

[domainbuddy_in]

congrats for the quick flip. Best wishes for more sales to come

 

[Crewchief007]

@Tipitip,

I wanted to share how I made 20x ROI in 11 days just by selling a domain name with email marketing. Hopefully it can be motivational for others out there who are trying to flip or sell domains too.

Congratulations!! You showed what it takes to succeed in business;

1. Initiative
2. Thinking outside the box
3. Taking targeted action

Now, Prince and repeat!

Did realize your strategy when you took action?

Damon Dash best articulated the strategy you implemented when he stated, "Never Hustle On a Crowded Block." If you had put that domain name on a crowded block such as listed it on SED0, Afternic, G0daddy Auctions, etc., I promise < you would still be sitting on it < wondering if domain investing is dead.

Keep pushing!

Good job!

However, the problem with these kind of deals is that they're hard to reproduce.
It's great for a quick buck on the side, but if you were to find a domain that was attractive enough, then it'd be caught by the big services (DropCatch, Snapnames, etc) and then your margin would be much lower or perhaps even negative depending on how the auction goes.

@UpwardDescent

You lost me at, "HOWEVER!"

There is an online marketing strategy referred to as "Cold Outbound Email Marketing."

It's a numbers game and it works when tweaked right.

I promise, if you learn it, you will astound yourself!

Take notes, Tipitip went after it and he snagged it, I wish the same for you, whether you use that method or not.

 

[UpwardDescent]

@UpwardDescent

You lost me at, "HOWEVER!"

There is an online marketing strategy referred to as "Cold Outbound Email Marketing."

It's a numbers game and it works when tweaked right.

I promise, if you learn it, you will astound yourself!

Take notes, Tipitip went after it and he snagged it, I wish the same for you, whether you use that method or not.

Absolutely, I'm not saying that reaching out is the tricky part, but to actually get your hands on domains that they'll be interesting in purchasing.

Any domain that's relatively valuable will be caught by the domain catchers and in that scenario you'll miss out on making a profit as the auctions get a lot of attention.
What you will be left with is worthless domains and in rare instances, like this one, domains that these services miss.
Sure, you could turn a profit like this one, once every 5-6 months, but that's with a lot of work researching domains which is a lot of time compared to the reward.

 

[pocketttt]

neat trick to earn some money, but envolve luck to find the right domain

 

[LordBotter]

This is epic
Scale it up
Use $100 to buy 10 domains and get $2k within 30 days

 

[JonSnowtr]

Great job OP.

 

[Crewchief007]

Wait one second!

Absolutely, I'm not saying that reaching out is the tricky part, but to actually get your hands on domains that they'll be interesting in purchasing.

Any domain that's relatively valuable will be caught by the domain catchers and in that scenario you'll miss out on making a profit as the auctions get a lot of attention.
What you will be left with is worthless domains and in rare instances, like this one, domains that these services miss.
Sure, you could turn a profit like this one, once every 5-6 months, but that's with a lot of work researching domains which is a lot of time compared to the reward.

I have found my most valuable domain names executing manual searches.

And yes, you can beat out the software applications and domain catchers, but ONLY when you understand the nuances, and ebb and flow of each of the registrars.

Honestly, you can become a BEAST when it comes to snagging brandable, memorable, and profitable domain names, but you MUST be willing to put in the WORK!

 

[necemter]

Congrats OP, and best of luck in future sales

 

[devgrizzly]

smart dude. So many ways to make money online

 

[nLinks]

Wow, excellent, I'm glad you shared your experience, maybe it can help someone

 

[GenesisOne]

Glad to see you made some profit, but I don't believe you can scale this that much.

 

[kumbhak11]

I wanted to share how I made 20x ROI in 11 days just by selling a domain name with email marketing. Hopefully it can be motivational for others out there who are trying to flip or sell domains too.

1) Found a domain that was recently dropped.

2) Checked and researched Google to check potential buyers. It was over more than 20 companies.

3) Purchased the domain name for $10.88 from a registrar.

4) Gathered emails of potential buyers by entering their website or a Google search.

5) Prepared a short and directly on point email template. No more than 3-5 sentences.

6) Emailed potential buyers. Some responded back interested and asking for the price.

7) After sending emails to potential buyers for 4-5 days I started receiving replies. Two companies were interested to purchase the name. After some back and forth replies and negotiations one of them agreed to purchase the domain for $250.

8) 11 days from the registration date I ended up selling the name for $250.


Yes, maybe it could’ve sold for more if I was more patient. But I’m happy with my return and directly settled for such amount. If I can do it, so can you!

Can you clarify step 7 where you said you sent emails for 4-5 days. How many approx emails did you send during these 4-5 days? and what was your main selling point - better name, short name, SEO benefits etc?

 

[Tipitip]

Absolutely, I'm not saying that reaching out is the tricky part, but to actually get your hands on domains that they'll be interesting in purchasing.

Any domain that's relatively valuable will be caught by the domain catchers and in that scenario you'll miss out on making a profit as the auctions get a lot of attention.
What you will be left with is worthless domains and in rare instances, like this one, domains that these services miss.
Sure, you could turn a profit like this one, once every 5-6 months, but that's with a lot of work researching domains which is a lot of time compared to the reward.

I don’t use any company or software to purchase domains, I pick it manually.

I believe that every domain has a buyer and the most important thing is to find the end buyer. That’s where reaching out and emailing comes into play. Out of 50 mails, 1 of them may be the buyer.

I have found my most valuable domain names executing manual searches.

And yes, you can beat out the software applications and domain catchers, but ONLY when you understand the nuances, and ebb and flow of each of the registrars.

Honestly, you can become a BEAST when it comes to snagging brandable, memorable, and profitable domain names, but you MUST be willing to put in the WORK!

I found some really nice domain names manually and sold them. I think it’s more important to know how to select a domain than beating the software. In my opinion, in order to pick nice domain name you need experience.

When I first started purchasing domain names, most of the domains I saw and registered seemed really good domains in my eyes and I was getting excited about them, although they were really bad and had less chance of being sold.

Buying random domains in hopes to resell caused me to lose money. But now, I skip those domains and I’m able to detect gems out of thousands of domains more clearly. At least I can predict and analyze what can sell fast and etc.

I’m sure I still have lots to fail and try, but that’s how you learn by failing, losing and trying harder.

 

[Robinhood1234]

Can you please describe how you gathered the emails of potential clients ?