Sure, only a few domains sell each day... but WHY is that?
Have a look at most of the domains on Afternic.. are they good? Do most of them even make any sense at all? Would at least 70% even interest a large corporation?
The answer to all of those questions is no: No, most of those domains wouldnt even sell for $20 (so why would anyone buy them for $2000+).
The key to domaining is having good domains. I personally know very successful domainers, and they only have about 6 names in their entire portfolio! These names are worth GOLD!
Now its unlikely that, starting off, you could get only six names and make a sale quickly. But you can still get pretty good names if you know your niche, market interests and trends.
Just dont register rubbish names! Only register good names. Then you have a chance of selling at a good price.
As goodkarmaco said, it took him two years. It personally only took me a few weeks, but there are a lot of variables involved (do you know a prospective niche, did you start domaining at a time with lots of possibilities, etc.). Some domains have inherent value, and some have prospective value. Both are avaliable.
Zach
Have a look at most of the domains on Afternic.. are they good? Do most of them even make any sense at all? Would at least 70% even interest a large corporation?
The answer to all of those questions is no: No, most of those domains wouldnt even sell for $20 (so why would anyone buy them for $2000+).
The key to domaining is having good domains. I personally know very successful domainers, and they only have about 6 names in their entire portfolio! These names are worth GOLD!
Now its unlikely that, starting off, you could get only six names and make a sale quickly. But you can still get pretty good names if you know your niche, market interests and trends.
Just dont register rubbish names! Only register good names. Then you have a chance of selling at a good price.
As goodkarmaco said, it took him two years. It personally only took me a few weeks, but there are a lot of variables involved (do you know a prospective niche, did you start domaining at a time with lots of possibilities, etc.). Some domains have inherent value, and some have prospective value. Both are avaliable.
Zach