There are lots of domain investing business models.
I’m always amazed at the niches people find within our relatively small industry of buying and selling domain names.
Yesterday, Elliot Silver posted an update about the types of domains he’s buying right now and invited others to say what they are buying as well.
For as long as I can remember, Elliot has focused on only good .com domain names and has had a relatively small portfolio. Quality, not quantity. Low carrying costs.
Other people play a volume game, owning tens of thousands (or hundreds of thousands) of domains and selling a small percentage of them each month for prices generally under $5,000.
Some people only play the Chinese short-domain market. And I’m amazed at the people who carve out a niche in less competitive TLDs such as .me and .co and make a very profitable business with it.
I write this as both a point of inspiration as well as a warning: just because you see someone making money one way doesn’t mean you need to emulate them.
Oh, and there are also lots of ways to lose money with domain name investing!
John says
Don’t get me started… Okay, I’m already started, but I don’t have time to properly post now, so maybe I’ll say something more later today or this week…
Josh says
I agree Andrew, MANY ways to approach it.
For those just starting out acronyms and numbers are easiest to determine market value.
Nic Danger says
Listen to Rick Swartz and don’t list to Frank Shilling, if you follow that advice you will make money.
JR says
zzzZZZzzZZ…
Mark Thorpe says
I try to own a little bit of everything, as long as it ends with .com.