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Here is a Question and Answer from a user submitted reader on the Domain Flipping post that I did earlier. If you have a question about the domain industry, feel free to email me and I will do my best to answer it and post it on my blog to help out others.
When you were flipping these 10-30 domains a day I assume most were on eBay. If this is the case were these domains dropped domains IE fresh reg? And if so were these beign bought for about $7 a piece? Im just thinking of the risk of selling a domain for .99 that cost me $7
Yes. Most were on eBay, but I always kept the fees in mind, so I would lean off eBay as much as I could. I started using my email list as much as I could when it was up to about 100 people. So be sure to save any Personal Name and Email Address with any domain name that you sell. When sending out my emails, I never sent more then 2 emails a week because I didn’t want to be pushy. I also hit forums. 99.9% of the domains that I got were using my system explained on www.Redrops.com . So nearly all were $6-7 fresh registations, but better then the average fresh reg domain. I always listed the domains for $0.99 and no reserve on eBay or priced them for a "good deal" via my emails.
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Here is a Question and Answer from a user submitted reader on the Domain Flipping post that I did earlier. If you have a question about the domain industry, feel free to email me and I will do my best to answer it and post it on my blog to help out others.
When you were flipping these 10-30 domains a day I assume most were on eBay. If this is the case were these domains dropped domains IE fresh reg? And if so were these beign bought for about $7 a piece? Im just thinking of the risk of selling a domain for .99 that cost me $7
Yes. Most were on eBay, but I always kept the fees in mind, so I would lean off eBay as much as I could. I started using my email list as much as I could when it was up to about 100 people. So be sure to save any Personal Name and Email Address with any domain name that you sell. When sending out my emails, I never sent more then 2 emails a week because I didn’t want to be pushy. I also hit forums. 99.9% of the domains that I got were using my system explained on www.Redrops.com . So nearly all were $6-7 fresh registations, but better then the average fresh reg domain. I always listed the domains for $0.99 and no reserve on eBay or priced them for a "good deal" via my emails.
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Bury
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Comments
Ebay has a bit of a self-destructive tendency to go out of its way to make life miserable for sellers. For several years I sold various products on Ebay. The one consistent theme that was present regardless of the line of product was a lot of unnecessary migraines.
You see, Ebay's self-policing "community" has figured out that Ebay likes to hire low-wage employees to handle customer relations, including those who review "reported" listings. They get what they pay for. Sellers long ago figured out that these people by-and-large can't even spell, much less distinguish between a listing that violates TOS and one that does not. It is extremely easy for just about anyone to get a competitors rule-abiding listing removed, with no compensation for the seller, who had to pay for the listing.
In addition, in order to object or appeal to these moderators' shenanigans, one must wait on hold for 30 minutes to an hour for the privilege of speaking with a half-baked, fully incompetent customer disservice representative who is usually either unable or unwilling to do anything to resolve the problem anyway. I don't know how much these people get paid --- the fact that they are paid is bad enough in and of itself --- but I doubt their time is worth the amount of money I am losing while I wait on hold for the privilege of being frustrated and utterly disgusted. The goal is clearly to get the customer to "just give up", and stop trying to waste the time of Ebay's precious imbeciles.