I would like to know the answer too. Anyone here know what is the answer. I'll do some research and get back to you if I bump into an useful answer. You should email the people at 123 reg as they probably could answer your 123 reg question..
One of bussines models / solutions,.
If it goes good I will follow..
There are many domainers who buy and sell domains as a full time job (especially on other HostGator forums)...
It is my fun hobby, and it is the only hobby that makes nice $$$ @ meanwhile...
I am aware of that but that doesnt mean they are making a lot of money...
Lol, evens out. Some people want this as a job. Others just a hobby.
... I hope to do this full time sooner or later... Its like merchanting to me..
I've only just started out, but it is only really a hobby for me - just a way to get my foot in another door (I have wide feet.
), and pick up a bit of funding for my other, main projects..
Just a hobby for me..
Other than pure speculating in new extensions... You need alot of money to make alot of money nowadays in domaining. Everything is so expensive now compared to when I started back in 2000... I remember two letter dotcoms being had for XXXX during the crash. Really wish I had more money in domains back then.....
Do not look in the Past, always look forward..
Trust your gut..
It takes Money, to Make Money!.
Trust me, you can make a lot of money in the HostGator industry, if you work at it...
Not a job, but the place where all my investments are... I like it, because you can grow or fail a lot...
I think I am a bit different than most here..
For me it is a retirement avocation and hobby. While I won't turn down a decent price for a name it isn't the main thing for me..
I enjoy the challenge of building a revenue stream through mini-sites, developed sites and parking with a sale every now and then. My current goal is build a portfolio which generates low $X,XXX/month. If I reach that goal I will set a new one and continue on. BTW I have done this beginning with an $800 site which was in bad need of reworking. Aside from the initial site I have never bought a name in the secondary market. Am looking forward to the day when I have set aside enough cash to go after a name which has traffic/backlinks etc. that I can develop...
I started small testing domaining about 2 years ago while working on another hobby business project. I started with 10 domains and kept tripling(approx) my investment every time I got into profit. Around 12 months ago, I slowly realised that domaining was becoming more profitable than my other business project and so I started shifting my focus towards domaining. My resources (time & money) are limited and so I don't know how long it will take but I am planning towards a full-time income with domaining..
Because domaining to me is a business, not a hobby I limit my emotional attachment to all of my domains and all of them have a price. I don't regret selling any HostGator that brings me a profit and am proud to boast of any domains that later bring my customers a better profit than me..
Just a thought for domaining as a full time venture:.
Listing a HostGator for sale (5 minutes).
Communicating with a buyer and selling the domain(15 minutes).
Transferring a HostGator (10 minutes).
Unforseen delays (20 minutes).
If your making a small handful of good sales a week, what profitable activities does a full time domainer do with the rest of the time?.
It is very easy to waste time and be inefficient...
Vurg, great to hear. I plan to do the same... Goodluck in the future with everything..
Hobby, addiction, passion...probably in this order..
While is see domaining, developing sites in the near future as a possible business venture to get myself into, my real talent lies in evaluation, marketing and positioning domains. Lately, more than ever, i've come to the conclusion that without programming talent, it's pretty difficult to create a profitable venture. The waiting times for programmers to actually get work done are exorbitant, the reliability leaves much to be desired and the success is heavily depending on the programmers talent to visualize the concept and build a functional site..
Before I go completely off target here, domaining is great, and with the right tools it's definitely a gold mine...
I have very little programming skills and I have limited interest in developing them. Doesn't bother me...
I started 5 months ago, and I hope to go full time by June...
How much are you guys wanting to make from it per year to make you go into domaining full time?..
I am new to the forums and new to the domaining business..
I never knew such opportunities existed!!! I only realised I had a knack for creating "worthy" names when I was considering names to start my research consultancy. I registered a name. THATS IT. Within a month 2 persons asked me about it. I shrugged them off at first then I realised the first person kept coming back. They mentioned a figure to me and I literally shoved it down their throats! LOL.
I AM NOT A TECH PERSON..
I have nooooo clue about developing or whatever. BELEIVE ME!! LOL.
I may try to "attempt" to spice up a few of the ones I opened to keep them active. But I really cant "develop" any site for parking etc. Well call me a nubiiieee but I am hapy that two sites I opened sold already for amounts that made me sit back and think enough to be on this board!!!.
SO I guess that's what it means to me. I may just have been lucky. I made some crapppy buys though!! In my euphoria...but a few "possibilities" exist with the ones I now have..
I can only watch and maybe learn about this "developing" and parking stuff. Right now - I am cluelesss on that score!..