Advice for Beginners, Buying Domains, Domain Auctions, Selling Domains June 17th, 2008
A few months ago I was browsing some of the domains coming up for auction at NameJet and I had the idea to see what sorts of common people’s names – I mean the names are common, not the people – might be dropping. I looked at several names and ran Google searches on them, studied the results, and considered their search popularity.
I ended up back ordering a handful of names, and won several at the minimum bid of $69 each. These included AprilWilliams.com, LauraVega.com, and MattGreene.com. I thought I might contact some of the people with those names and try to sell them the domains. As it turned out I got busy with other things, but only a few months later I received an offer for AprilWilliams.com through Sedo, and sold it for $500.
If you’ve been trying to acquire generic domains at auction and getting outbid, you might try some real “names”. If they’re common enough there’s sure to be a market and a steady trickle of traffic, and at the moment there’s not a lot of competition for these domains.