Realities of domain name investing: domainer, It’s not the easiest job

When I started researching about domain name investing, my idea was that domain name investors (domainers) would snap up tons of great domain names and buyers would just literally flock and buy everything off them at an amazing price. But that would’ve been the ideal world for domainers …

What I did was I got myself several domain names that I believed were great and tried to sell them at a high price. And because this is reality, nobody even responded to my domain names. So I decided to research and study more into domaining, and here’s why I believe domaining isn’t so easy:

Long Hours

– Working long hours anytime anywhere –

Even though having an internet business means that we can have access anytime anywhere and that the projected lifestyle in sun bathing in the beach with a laptop beside them, it isn’t always that way. I’d normally work for more than 10 hours a day to really monitor and develop my domain names. We need to work fast as we only have 1 year to try to get ROI or profit before we have to renew the domain name.

Fast moving trends (demand)

– Trends change fast –

Being a domainer involves constantly buying and selling, demand moves so fast that you must be prepared to answer interested buyers straight away or they might end up buying another domain name. Just like when Michael Jackson passed away, more than 3000 domain names related to Michael Jackson was registered and still probably in demand right now.

No Pricing Standards

– How much is my domain name worth? –

There aren’t any clear way of pricing a domain name, at the end of the day, it all comes down to how much the buyer is willing to pay. Pricing it a domain name is very tricky, there are a lot of domain name appraisal service, but your domain name might be worth less than the appraisal. For you to do it on your own, requires good research and the buyer accepting the price.