Lucky Domain Name Sellers Fetch Obscene Profits

Some domain name owners have all the luck. I read the other day where sells between 2,500 and 3,000 domain names a month. That may sound like a lot to you, but when you consider they have 9 million domain names registered for sale on Sedo, 3,000 domain names a month, it means only 1 out of every 3,000 domain names they have for sale are sold each month.

Take a few seconds and think about that, then consider the fact that most domains that sell are one-word domains, 3 and 4 letter domains, common phrase domains, etc. Now ask yourself what are the odds of you selling a domain name on a large auction site like Sedo, Snapnames or Afternic if you don’t promote your domain. This is why it is so important to learn how to market your domain portfolio if you hope to garner top dollar for your domains.

The headline I chose for this post suggested that some domain sellers are fetching obscene profits because they’re lucky. Well, consider the following sales and tell me if you agree:

  • sold for $30,000 recently on Sedo
  • sold for $50,505
  • sold for over $50,505
  • sold for $25,000
  • sold for $4,860

These are just 5 examples of what I’m talking about. Chances are you’ve got better domain names than these in your own portfolio. Sales of these domain names at these high prices just goes to prove that one has to be very lucky to find the right person or company in the world to buy your domain name. It also shows just how much the “right buyer” is willing to pay if you can find a way to locate the “right buyer” at the “right time.” If you agree with me that luck plays a huge part in the sale of many domain names at prices far above what you think the domain is worth, please chime in and submit your comment to this articles.

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