A week and a half ago, I shared a bit of sales data about my business from that week. I do not really share any domain sales info or data for a number of reasons, but given the challenging times we find ourselves in, I wanted to share what I observed in my own portfolio. During that week, I closed five end user sales, which is quite a few considering that my domain portfolio has roughly 1,000 domain names in it.
With another week in the books, I want to provide a follow-up to that article to share my domain sales results and observations from last week.
In short, I did not close any deals. I had several inquiries and a couple of offers, but I did not agree to sell any domain names. In addition, I did not close any sales via Afternic/GoDaddy or Dan.
This is not atypical for my business. In fact, having a week like last week is much more typical than a week with 5 domain name sales. Beyond when I was auctioning domain names several years ago, I don’t recall many weeks with 5 or more end user domain name sales.
I was hoping what I saw would be a trend due to people working from home and spending more time online. I have been preparing for the worst, and grew hopeful with several sales. Observationally, it seems like domain names are moving at a brisk clip, particularly lower priced domain names, but I don’t have the data to back that up. Likewise, as I have said many times, my portfolio is too small to make any statistically significant observations about the industry based on what I have been observing.
I am not planning to share more sales insights or observations, but I felt it was important to follow-up on my prior article because only sharing the positive news wouldn’t really be fair. As always, you are welcome to share insights from what you are observing with your own portfolio.
Think enduser sales are down about 50% judging by Dnjournal. Parking looks to be up slightly due to high internet traffic.
Some people looking to be dropping prices to try and get sales.
Daily sales look pretty consistent if you look through NameBio’s Daily Market Report posts: https://namebio.com/blog/category/daily-market-report/
I think it’s way too tiny of a statistical sample to have any concept of where things stand, and it’s really only a few weeks in. If I had to guess, it’s pretty much the same as it always is, some high profile sales that an then user wants unsolicited and solicited sales are what they always are, an education and patience. There is a lot of money out there idol, as well as obviously press strings tightened in some places. I am sure that price negotiation would be happening in a time like this on unsolicited end user sales. The only thing that is clear to me, are the amount of supply domaines are throwing up for sale and 99 percent is junk.
Siri typos fixed
I think it’s way too tiny of a statistical sample to have any concept of where things stand, and it’s really only a few weeks in. If I had to guess, it’s pretty much the same as it always is, some high profile sales that an end user wants unsolicited, and, solicited sales are what they always are, an education and patience. There is a lot of money out there idol, as well as obviously purse strings tightened in some places. I am sure that price negotiation would be happening in a time like this on unsolicited end user sales. The only thing that is clear to me, are the amount of supply domainers are throwing up for sale and 99 percent is junk.
Yes – it is too small of a statistical sample to give an indication of the market.
I felt obligated to follow up, though, because it wouldn’t be fair just to write about selling 5 domain names in a week but not share that the next week didn’t amount to much.
Idle, not idol
Congrats on selling Cappucino.com for $50K?
Never mind.
https://domaingang.com/domain-news/cappuccino-com-two-domainer-owners-later-coffee-company-gets-premium-domain-name/