A Beginner’s Guide To Domain Investing.

IMO if you are new to domain investing and on a limited budget, say $200-$500. Your best bet will be buying a domain via auction or back order rather than hand registering a bunch of made-up names.

I’ll share my real example with you:

When I started investing in domains back in 2020, I had only a $200 budget, and it was evident to me that I was not going to spend it on buying lottery ticket names(hand reg). After reading some horror stories about hand reg, I did some study, and it became clear that I’ll either backorder an expiring domain or buy via an ongoing auction.

Why?

Because expiring domains have some history, and one of the best sites to find these gems is expireddomains.net, this platform has many excellent filters, and the more time you spend on it, the better you get.

Also, buying from an auction means that if there are multiple bids on a domain name, it means the domain has demand, and that’s why people are bidding on it.

So, I back-ordered a domain via DC(drop catch), it went to auction, and bids were coming. Most people, especially newbies, will turn away, but I felt good because now I was sure this name was valuable as multiple parties were interested in bidding on that domain.

As I mentioned earlier, my budget was only $200, and luckily I won the auction and bought it for $192. This was the first domain name I purchased, and it was two words GEO domain.

What did I do with that domain?

I sold it!

How?

Outbound, of course, because this is what I do 😁

So I created a laser-targeted list of potential buyers. I scraped their email addresses through snov.io, and then it was time to ATTACK!

Luckily, I got a couple of replies, and someone offered me $200. I said no, and then I got a very positive response, and he asked me how much. My first offer was, I think, $1000, and he was like, no, my business is slow blah blah max I can do is $500.

And I thought I paid $192 for this name, and this will be my first domain sell if I sold it and that too in just a couple of days and IMO getting your first sale ASAP is critical because that’ll give you a lot of confidence and setup the momentum.

So by keeping all this in mind, I replied to him back with a counteroffer of $600, and guess what? YES, he accepted the offer, and that’s how I flipped my first domain for $600, not life-changing money, but a sale is a sale, and they all add up, that one sale opened my eyes and taught me that if I stick with this process, I think I’ll do well.

One day I even sold six domains in a single day by doing outbound, and all six buyers were different. I didn’t sell those 6 domains to one buyer. So I kept repeating the same process repeatedly and ended up flipping many domains consistently.

So work on your process, build a system and keep improvising it every day. It sounds simple, but it’s not easy. It’s a system that if you work the system, it works if you work it.

That’s it for now. I hope you like it.

Namaste🙏

Do share it on your social media if you find this article helpful.

Your every share appreciate our efforts😊