Denial is a powerful behavior. It makes you believe lies about your domain name portfolio, even in the face of facts. Are you living in denial when you think about your domain name portfolio? Let’s find out.
There’s a right way and wrong way to build a list of potential buyers for your domain name. The right way may actually get you a sale. The wrong way will piss off people, get you onto a spam list, and may get you a fine.
There’s no exact value for any domain name, just like there’s no exact value for any physical piece of land or property. Instead, you need to understand the “order of magnitude” concept to retail price your domains.
In domain name investing, knowing yourself — what you like, what you’re good at — will help you be more fulfilled as you’re determining your area of specialization, and whether you want to be a prospector, a miner or both.
Successful domain name investors don’t compete in the same area as newer investors, and will likely provide mentoring to someone with drive, hustle and persistence. Here’s how to get multiple successful investors to partner with you.
Impulse buying applies to domain names, so set up your for-sale landing pages with buy-it-now prices, give users an easy way to check out, and make sure your domain names are found on all the major marketplaces and registrars.