If you have time to post in the comments, I would like to hear the various ways that you guys decide whether or not to drop a name. Sure, we can all look at a name we bought a year or two ago and think to ourselves “why did I ever buy this turd?”. It happens for all sorts of reasons. If you sell a name with the word “work” in it for a couple grand, all of a sudden you feel like any domain with the word work in it must be good and you buy them consciously or subconsciously. A year later, you have forgotten about the sale and are wondering why you own workitydoo.com. Those are the easy ones to drop. Beyond that, how do you make the decision? We can look at the number of visits a name gets if we park the name somewhere that tracks these things, or we can look at WHOIS lookups if the name is registered at GoDaddy. These are valid methods, but how many visits is enough to keep the name another year? We can work names through the auction houses just to have some liquidity, but what if there are no takers? Does that mean that the name is not worth enough to renew? I’m pretty sure I sell a few names per year that I would never get a bid on at auction – maybe enough to cover the renewals on all of the other names I’m not sure about. It probably boils down to a subjective decision that is different for everyone, but I would like to come up with an algorithm of sorts to decide for me. Comment below to share your methods. Here are today’s domains. Click to see the latest price
Other Names at Auction
DataTreasure.com your data is a modern day treasure
phon.com a unit of loudness level for pure tones, but I see phone
afad.com a 1996 name, a 4L and a two word domain all wrapped in one
88265.com I haven’t paid attention in a while so maybe this is normal, but there are over 50 5N.coms closing tomorrow
nqi.com still has a ways to go to get into the reserve range
BadWays.com over $500 with 14 bids
VisibleWeb.com web design or internet marketing company
khur.com At $207 and climbing
Godaddy Domains With Multiple Bids
AlabamaCannabis.com Alabama already allows CBD oil for treatment of seizures
RoyaleCasino.com build an online casino and pick up traffic from the movie
KneeProblems.com lots of people in the word with knee problems
WheelsUnlimited.com big aftermarket business here
ZebraLabs.com this one has 8 bids, but ElephantLabs.com below has none – elephants are as good as zebras
HomeFlo.com plumbing company?
Relived.com one worder, but I can’t think of a great use for it
FixToday.com DIY site
UnionKitchen.com decent kitchen brand
PleasureVR.com VR porn – LustVR.com is below and has no bids
TapSell.com another mobile app to sell your used stuff
Canada100.com this would be good for a 100 best whatever in Canada site
AngryTrout.com I see a craft beer from Oregon
Godaddy Names With No Bids
ChickenHorse.com Had to add this one just to look for a picture
SelectVisual.com design or animation firm
austrailer.com sell RVs and trailers in Australia
ElephantLabs.com see above
NaturalQuick.com food, beverage or vitamin brand
MustardShop.com this one is perfect for selling mustard, and that is about it
BracketBet.com sports betting
UppityPuppy.com organic raw dog food
BikingHealth.com good biking blog or online publication name
CavedInn.com love this creative name. it used to be a toy store in the Phoenix airport.
SecretTreat.com monthly box you receive in the mail with surprise sweets
ScienceProf.com a 1999 name – ok for a science prof awesome for a tutoring company
ArriveHappy.com compete with Uber
EpicMuscle.com protein powder for muscle enthusiasts
CaliCares.com California charity or insurance
TheWineBottle.com solid wine business name
LustVR.com VR porn
CatchSell.com good for our business – catch names and flip them at CatchSell.com!
TreeFair.com sell trees online
PeacefulPorch.com a restaurant or a porch builder / remodeler
GigaDigit.com two techie names jammed together into something that sounds pretty cool
Godaddy Brandable Names
Godaddy Weed Names
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us. (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.
LOL I was hoping ElephantLabs wouldn’t be on this list. I’ve been looking at both ZebraLabs and ElephantLabs for the past few days now.
Did you buy it?
Nah, I passed on it. I did put in a lowball bid, but I got called into a meeting at work while it was ending.
Some names I am emotionally attached to and just can’t let go even though I have had them for almost a decade and never had an offer.
Others are easier to part with, I think. For example past trends that don’t make sense anymore or domains in extensions that never became popular.
Very true regarding trend names and unpopular extension names. It is the attached thing that I’m trying to overcome.
I’m amazed sometimes when I see “VCR” domains and other long obsolete technology based domains hitting the expiration lists now in 2018! Plus to make things worse .. most wouldn’t even have been good domains 20 years ago!
.
VHSTradersClubOn9thStreetLittleTownUSA.org
Michael, have you considered putting them out there for lower prices just to see what happens? I try to mix it up from time to time and see what happens. I personally think most domainers overvalue their names honestly. I see this on NamePros and GoDaddy every day where the prices are just insane (many times for junk I wouldn’t even hand reg)
I have tried to lower the prices to $XXX, which I think is not a fortune if an enduser really wants them. But I guess it is time to admit I am the only one in the world who loves them 😉
On the other hand, it sometimes feels really good once you have let a name expire and you know you won’t have to think about renewal costs and managing the name anymore.
Good topic! 🙂
.
That being said .. I think “creative algorithms” was actually my original biggest mistake when it comes to domaining. I’ve had domains for many years .. but always holding with the intent to develop. I started domaining with purely the intend of reselling without development about a year and a half ago.
.
So right now I’m at the unique point where I’ve seen some of my earliest newbie mistakes coming up for renewal a few months ago. Many of these domains I grabbed because of various values from CPC to monthly search to estibot to age, etc …
.
While looking at those stats most definitely does tend to get you RELATIVELY better domains .. it does not in any way mean they are good domains to hold as a reseller.
.
At this point I just look at each name one by one and ask … is this a domain that’s worth the risk to reward holding? In that it’s a very simple mental assessment of what I think the chances of someone wanting the domain are .. multiplied by the likely price range .. divided by holding costs. The result obviously isn’t an actual number .. but more of a relative comparison with an arbitrary cut off line that has evolved in my head over time as I learn more about what sells and what doesn’t and for what price range.
.
After the initial wave of my “domaining” purchases passed, where I dropped a higher percentage of names .. I’m finding that I’m now renewing a higher percentage of domains .. obviously because I was getting better at buying them in the widely changing period from month zero to month 6 of domaining.
.
So going back on topic .. I think the biggest difference between my month 0 and month 6 of domaining was that at the start I was too reliant on stats. As time progressed I found myself going further unfiltered into nightly expiration lists .. which yelded me better results because domain data doesn’t necessarily translate into a direct relationship of domains that should be bought as a reseller .. but secondly .. and I think much more importantly .. it also led me to find domains that most other people missed (because most people going through the lists apply a lot of filters) .. so the result was that I’m able to get better quality domains for dirt cheap ($12/$17 at auction, or $5-$11 at closeout).
.
While this might not obviously seem like it has anything to do with renewals .. I’m finding that as time goes by .. and domains that I acquired in my first year are hitting renewal .. I’m getting to the point where I’m renewing most of them. The domains I’m dropping are mostly ones that I no longer like because of applying something I’ve learned in the year since. Because just as the quality of domain differed between month 0 and month 6 .. there’s been a similar upgrade in quality between month 6 and now.
.
At the end of the day domainers need to ask if the domain has a strong chance of selling soon enough and for a high enough price, to cover the inverse percentage of domains they don’t sell over the same time frame (then add in a safe buffer so that you’re actually profitable). Sounds simple enough .. but much of that is very subjective .. particularly for a relatively new domainer .. but at this point it’s a gut feeling based on the above .. and it should be noted that the gut feeling can still change from day to day and can still be influenced by other names and sales. When looking at the possibility of renewing a domain it’s important to focus on the domain itself .. and if you’re going to compare it to other domains .. be very VERY sure the reasons are accurate .. because even with experience it’s much easier to wrongly associate a domain with another than to legitimately tie the domains together. “One offs” are a good example of that .. where an extra letter or wrong TLD not only hurts the value .. but also your chance of selling .. which should have a compounded effect for you to say no to buying/renewing.
.
It’s pretty funny .. because while overall I’m getting better at saying no to buying/renewing .. there are days when it’s super clear .. but other days I think I need to toss a coin because the arbitrary variables are too .. variable! lol
.
Hope that all actually made sense? lol
I agree that your names should get better over time simply because you get better at picking names. An algorithm would be nice to assist in deciding what to drop. Of course, you could take the inverse of that and let the algorithm pick the ones that should obviously be kept based on stats.
At the beginning of 2017 I decided to try to drop about 10% of my domains per month (I renew on a monthly basis). A good way to be constantly re-evaluating the domains in my portfolio. I get rid of alot of junk as well as some that aren’t junk but which seem to not have any interest (or whose time has come and come).
I think pruning on a regular basis is important – markets change and my strategy changes with time.
Thanks for the comment Jackie. So what method do you use to reevaluate whether a name has interest? Number of inquiries / visits?
Yes, Inquiries and visits. But also some “soft” indicators, such as similar sales, coverage of the topic in the news, etc.