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Taboo · 08-08-2004, 10:04 PM

I just got out of the domain acquisition game in July, my buying spree has ended, so I'll share what I can from time to time, even though other domainers will blacklist me. lol.

generic info:

reputable companies to buy from:
greatdomains.com
moniker.com
sedo.com
afternic.com
(always bid low, ALWAYS.)

reputable firms to use for transactions:
escrow.com

tips:

be very careful "investing" in domains. it'll prove fruitful but take your time analyzing all options, stick w/.coms, and never stop negotiating downward. don't worry about what everyone else said, $10-$15k will get you a few quality domains depending on your masterplan. some you can flip for double, some for mid6, and others for low7. but do not enter this game half-hearted or half-brained. no joke. you will get taken & you will lose money. make offers on names you are interested in whether or not they are for sale. The last 5+ names I bought were direct contact with owner and negotiating primarily thru their spouses/families. And the prices were far less than market value but everyone walked away happy. be prepared to wire money to escrow.com immediately as a buying tactic. don't play the domain drop game unless you've done the research.

resource sites:
dnjournal.com - check out his weekly top ten sales archives. MUST READ all articles to teach yourself the industry.
dnforum.com - chat, help, etc. but be cautious

if you're gonna get in, do it now because the next wave is a tsunami and it is almost to late to get in the domain game. I started adding premium domains to my portfolio at the beginning of this year because I noticed all the Venture Capital "overhang" and realized that the domain market would follow, and the ipo market would resurface.

i posted these prices on another gfy thread, but this reflects what deals are still out there and also how the prices are rising. these are all accurate and auction prices after the domain name EXPIRED from previous owners:

///

all $K, all .com
carfinancing 45
xxxpics / 28
dater / 35

ones that I wished I got but missed out on (had damn dialup before)
taboosex / 8
castingcalls / 8
animeclub / 7
blinks / 4
eroticpersonals / 3
watermanagement / 3
artmuseum / 11 (asleep...lol)
messaging / 28 (beat out by elequa...lol)

missed out on dailyblog.com recently. damn. but i'm out anyway.

///

CreditCard/CreditCards.com just sold for almost $3,000,000 two weeks ago and once that ripple goes out to all domain owners and newswires, the prices will climb even higher.

Webfather sold Men.com over half a year ago for $1m+ but I believe he should've held out for more and perhaps he feels the same way now. hope he doesn't shun me for saying it even tho I haven't chatted with him for years. he could prob fetch 5+m right now. marketed correctly. Maybe his friends didn't advise him that Maxim is launching a digital cable channel called MAXIM ENTERTAINMENT NETWORK aka MEN and Dennis would've paid handsomely.

Me.com (WOW) just sold for almost $500,000 and there's a few more undisclosed sales this year of over $1,000,000 that will never be made public.

keep in mind, you will not find any free "GOOD" advice out there. lots of misdirection or lies. fend for yourself. the domain game is more cutthroat than the porn game. no lie. each domain is unique, and therefore a potential mona lisa.

and always, YES, always tune into news, tv, radio, mags, etc and reserve new domains surrounding current events, new tech, new slang, industries, etc. but never reserve trademarks, etc. Set aside anywhere from $200-$500 to buy names that you thought up on your own. I do that often and it is successful. Use a reputable company like godaddy.com, only $8+ per domain and easy to transfer to buyers if you sell. I have thousands of domains, but my portfolio is rich, diverse and strong. So you can enter this game two ways:

1) drop all your cash on one PREMIUM domain, make sure you have a backup plan to develop it or potential buyers in mind in case you made a big mistake

2) diversify. buy a few smaller premiums @ $1k-$3k and reserve some on your own.

lots of info to digest, but it pains me to see ppl who want to enter the game who end up buying 1,000 variations of the same theme/vein or say "I just bought BLAH-BLAH-SUCKS.com for $15,000k."

I watched Sony buy connect.com and when I heard rumors of what the site would offer and their proposed launch date, who the competitors were, market cap, etc... I offered a guy $700 for his domain and within one week after the name was transferred I got email replies from Sony, Apple, Limewire, Comcast, VCs etc. Some of the emails were to buy the name, others were to partner with me for licensing, distribution rights, etc. LOL. I did not grab any trademarks just a useful marketing phrase that describes their entire industry and they wanted to know who I was. Soon the name won't be mine anymore.

I recently bought another name for $3k that I can develop myself or flip. but before I acquired it, I researched who my potential buyers were if I ever had to flip it to reinvest into another domain. Then I compiled a list of the top 5 target buyers, all fortune 500 companies in multi-billion dollar industry. Got all their corporate info, made some calls without revealing domain name to see if they'd be interested in working with me, partnerships, sponsorships and once I saw that I had an exit strategy, the name was mine.

and if you want to get into the domain drop/catch game for expired names, that's another thread for later, with its own pitfalls and successes. maybe later.

so good luck.

08-08-2004, 10:04 PM
Taboo Confirmed User Join Date: Jul 2004 Location: I'd rather be networking than not working. Posts: 3,700	I just got out of the domain acquisition game in July, my buying spree has ended, so I'll share what I can from time to time, even though other domainers will blacklist me. lol. generic info: reputable companies to buy from: greatdomains.com moniker.com sedo.com afternic.com (always bid low, ALWAYS.) reputable firms to use for transactions: escrow.com tips: be very careful "investing" in domains. it'll prove fruitful but take your time analyzing all options, stick w/.coms, and never stop negotiating downward. don't worry about what everyone else said, $10-$15k will get you a few quality domains depending on your masterplan. some you can flip for double, some for mid6, and others for low7. but do not enter this game half-hearted or half-brained. no joke. you will get taken & you will lose money. make offers on names you are interested in whether or not they are for sale. The last 5+ names I bought were direct contact with owner and negotiating primarily thru their spouses/families. And the prices were far less than market value but everyone walked away happy. be prepared to wire money to escrow.com immediately as a buying tactic. don't play the domain drop game unless you've done the research. resource sites: dnjournal.com - check out his weekly top ten sales archives. MUST READ all articles to teach yourself the industry. dnforum.com - chat, help, etc. but be cautious if you're gonna get in, do it now because the next wave is a tsunami and it is almost to late to get in the domain game. I started adding premium domains to my portfolio at the beginning of this year because I noticed all the Venture Capital "overhang" and realized that the domain market would follow, and the ipo market would resurface. i posted these prices on another gfy thread, but this reflects what deals are still out there and also how the prices are rising. these are all accurate and auction prices after the domain name EXPIRED from previous owners: /// all $K, all .com carfinancing 45 xxxpics / 28 dater / 35 ones that I wished I got but missed out on (had damn dialup before) taboosex / 8 castingcalls / 8 animeclub / 7 blinks / 4 eroticpersonals / 3 watermanagement / 3 artmuseum / 11 (asleep...lol) messaging / 28 (beat out by elequa...lol) missed out on dailyblog.com recently. damn. but i'm out anyway. /// CreditCard/CreditCards.com just sold for almost $3,000,000 two weeks ago and once that ripple goes out to all domain owners and newswires, the prices will climb even higher. Webfather sold Men.com over half a year ago for $1m+ but I believe he should've held out for more and perhaps he feels the same way now. hope he doesn't shun me for saying it even tho I haven't chatted with him for years. he could prob fetch 5+m right now. marketed correctly. Maybe his friends didn't advise him that Maxim is launching a digital cable channel called MAXIM ENTERTAINMENT NETWORK aka MEN and Dennis would've paid handsomely. Me.com (WOW) just sold for almost $500,000 and there's a few more undisclosed sales this year of over $1,000,000 that will never be made public. keep in mind, you will not find any free "GOOD" advice out there. lots of misdirection or lies. fend for yourself. the domain game is more cutthroat than the porn game. no lie. each domain is unique, and therefore a potential mona lisa. and always, YES, always tune into news, tv, radio, mags, etc and reserve new domains surrounding current events, new tech, new slang, industries, etc. but never reserve trademarks, etc. Set aside anywhere from $200-$500 to buy names that you thought up on your own. I do that often and it is successful. Use a reputable company like godaddy.com, only $8+ per domain and easy to transfer to buyers if you sell. I have thousands of domains, but my portfolio is rich, diverse and strong. So you can enter this game two ways: 1) drop all your cash on one PREMIUM domain, make sure you have a backup plan to develop it or potential buyers in mind in case you made a big mistake 2) diversify. buy a few smaller premiums @ $1k-$3k and reserve some on your own. lots of info to digest, but it pains me to see ppl who want to enter the game who end up buying 1,000 variations of the same theme/vein or say "I just bought BLAH-BLAH-SUCKS.com for $15,000k." I watched Sony buy connect.com and when I heard rumors of what the site would offer and their proposed launch date, who the competitors were, market cap, etc... I offered a guy $700 for his domain and within one week after the name was transferred I got email replies from Sony, Apple, Limewire, Comcast, VCs etc. Some of the emails were to buy the name, others were to partner with me for licensing, distribution rights, etc. LOL. I did not grab any trademarks just a useful marketing phrase that describes their entire industry and they wanted to know who I was. Soon the name won't be mine anymore. I recently bought another name for $3k that I can develop myself or flip. but before I acquired it, I researched who my potential buyers were if I ever had to flip it to reinvest into another domain. Then I compiled a list of the top 5 target buyers, all fortune 500 companies in multi-billion dollar industry. Got all their corporate info, made some calls without revealing domain name to see if they'd be interested in working with me, partnerships, sponsorships and once I saw that I had an exit strategy, the name was mine. and if you want to get into the domain drop/catch game for expired names, that's another thread for later, with its own pitfalls and successes. maybe later. so good luck. Last edited by Taboo; 08-08-2004 at 10:08 PM..