1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Little help for a newbie

Discussion in 'Domain Names & Parking' started by Praedator, Oct 3, 2016.

  1. Praedator

    Praedator Newbie

    Joined:
    Jul 19, 2016
    Messages:
    21
    Likes Received:
    2
    Gender:
    Male
    Location:
    Czech Republic
    Hey, I'm really interested in the domain/website flipping business and I'd like to start on something, but I don't really know how. I was looking on flippa and almost without a doubt bought a domain name here, almost for free ($6), 10 years old and its name is consisted of two main keywords in that niche.

    What should be my next step? Try to flip it? Find some buyers and offer directly, or build a website around it, promote it, make some stable revenue stream and then sell the website?

    The niche is about maybe future way of producing green energy, so I think it wouldn't be bad to keep the domain in the future.

    Sorry for newbie question, everyone has to start somewhere. Thanks!
     
  2. daica85

    daica85 Regular Member

    Joined:
    Jun 19, 2010
    Messages:
    484
    Likes Received:
    100
    Gender:
    Male
    Occupation:
    Freelancer
    Location:
    SG
    Home Page:
    If you find a good domain to buy, then you have 2 choices to invest that are:
    - Keep your domain and find the right buyer to flip it with x2, x3 buyer price, there're many places that you can list your domain such as Sedo, flippa, NP, namejet,...
    - Build a website on that domain, try to get traffic and revenue as much as possible, then you flip the webiste (domain + website). This way will earn you better revenue but it will take you a lot of time to do. You will need to build content for the site, do SEO to get traffic and do promotion to get user
    Good luck to you,
     
    • Thanks Thanks x 1
  3. evadrable

    evadrable BANNED BANNED

    Joined:
    Dec 16, 2011
    Messages:
    58
    Likes Received:
    16
    Go on godaddy auctions sometime you can get a good appraisal on there.
     
    • Thanks Thanks x 1
  4. nishanknx

    nishanknx Registered Member

    Joined:
    Oct 12, 2013
    Messages:
    98
    Likes Received:
    10
    I recommend you to go to Namepros if you want to get into the domaining business
     
  5. FAZ

    FAZ Newbie

    Joined:
    Oct 4, 2016
    Messages:
    2
    Likes Received:
    0
    Hi, newbie here. With a bunch of new extensions coming out for the web (e.g. .eu, .fr, .club), is there any potential in registering some domains of well-known brand names or official authorities in the hopes of selling them back to these establishments eventually?
     
  6. Takeshi

    Takeshi Newbie

    Joined:
    Sep 17, 2016
    Messages:
    39
    Likes Received:
    7
    You can definitely sell a 10 year old domain for a lot of money almost everywhere online.
     
  7. irancrude

    irancrude Power Member

    Joined:
    Jul 16, 2008
    Messages:
    611
    Likes Received:
    244
    Occupation:
    The web
    Location:
    Paradise Island
    Home Page:
    Pm me the name I will make a free review for you
    Also in order to flip the domain I suggest to create a service or product based site where new buyer can see the potential if bought it from you
     
  8. Praedator

    Praedator Newbie

    Joined:
    Jul 19, 2016
    Messages:
    21
    Likes Received:
    2
    Gender:
    Male
    Location:
    Czech Republic
    Thank you all for your tips and ideas!

    That's what I thought when I purchased the domain. And for $6? It was almost a joke.

    Thank you for your help, I appreciate it. I will PM you the domain.
     
  9. Mex

    Mex Junior Member

    Joined:
    Aug 31, 2016
    Messages:
    187
    Likes Received:
    67
    A ten year old domain can be worthless if it has no links, if it is not short/brandable or has a keyword with no search volume.
    Domain extension is a big factor too.
     
  10. Vapys

    Vapys Regular Member

    Joined:
    Aug 17, 2016
    Messages:
    433
    Likes Received:
    227
    Did you check if the domain has been black listed?

    Is there a Trademark ® issue?

    Did you check Namebio to compare prior similar name sales?

    Why was a 10 year old domain dropped and sold for $6.00?
     
  11. Praedator

    Praedator Newbie

    Joined:
    Jul 19, 2016
    Messages:
    21
    Likes Received:
    2
    Gender:
    Male
    Location:
    Czech Republic
    I believe it has no links, but the name is brandable, has two main words for the niche and a preposition ,,to". It's a .com domain.

    I did not check it. As I stated above, I'm just a newbie in this business, so I don't know how to do this stuff.
     
  12. twerpygeek

    twerpygeek Junior Member

    Joined:
    Jun 2, 2014
    Messages:
    173
    Likes Received:
    40
    If you plan to sell it to end user, i'll suggest researching more on what other websites of the same business is doing. Sometimes you can email them if you see their business would be better off with your domain.