May 31, 2008
Domain Flipping
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Well not quite the last time but the last time for the month of May anyway. I recieved the PR3 domain into my account today so that went straight to Ebay with the other auctions and so I have 14 domains in total ready to make some money (hopefully!) There is a mix of domains up for sale and that includes some of the domains that I sold previously but the seller never ended up paying for them so I have relisted them. I actually have a couple more domains that are in my account that I forgot about but I will leave them for a later date.
Well tomorrow is the 1st June here in NZ so I will be posting the month of Junes idea then and I’ll get some of the groundwork done tonight in between watching the Super 14 finals and the replay of the NBA playoffs. Luckily I have Monday off work as it’s a public holiday over here so I should get off to a positive start with the next project although I don’t expect to see any profit for at least 2 weeks with this venture.
I will do a round up of Mays project once the last auction has run and then we will see if it was worth it all and my general thoughts on domain flipping.
For any rugby players out there, GO THE CRUSADERS!!
Catch you tomorrow!
May 30, 2008
Domain Flipping
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What do you get when you combine a 10 hour a day job, a love of basketball and 4-5 hours sleep a night? You get buggar all done and basically that’s why I haven’t done as much as planned this week. You see at my current job I have to get up at 5.00am and then I don’t get home until around 4.00pm. This makes for a very long day and then when you have to run around after the rest of the family it’s often not until after 5.00pm that I get to set down and relax. After sitting down for a while and checking all my other online projects it’s time to make tea so off I go.
Now I don’t mind this at all but when you combine my love of basketball and the NBA playoffs which don’t finish until after 12.00am you end up with sleep deprevation which just acculmulated and that was very much the case this week. I was just too tired to do anything with the domain auctions this week and that’s basically that’s why there was no midweek update……I was just plain knackered!
Now this has put me back somewhat but what I planned to do was to upload the last round of domains and then end the auction in a couple of days before the month ended, unfortunatley I’m still in a bit of a sleepy haze and although I did upload all the domains I was using a template and I didn’t realise until the last domain had been uploaded that I actually made them all 5 day auctions, so this means the auctions aren’t quite going to end in the month of May but that’s o.k it’s close enough.
So now I have 13 domains up for grabs and I might add another couple tomorrow. I’m still waiting for the PR3 domain that I purchased to be transferred to my account and if it does within the next couple of days then I’ll list it.
No idea how much I will make this round but I hope it’s at the very least a profit of some sorts. Once this lot of domains sell I will add up everything and see what the final figures are for the month
It’s late now so I’m off to bed but I’m still catching up on sleep so I’ll post again tomorrow once I get my head screwed on properly.
Peace!…………or sleep zzzzzzzzzzzz
May 26, 2008
Domain Flipping
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Well today I actually got a hold of a domain flipping guide which I thought would be quite good and I was hoping it might give me an insight as to how I could squeeze some extra profits out of my last round of domain auctions.
Boy was I wrong! This guide/ebook sold for $97 US and it was pretty much crap in my opinion, it only covered really basic stuff which I was already well aware of and there were no examples of successful domain flips which was really dissapointing. You see when I purchase a product I like to see step by step pictures or video so I can replicate the system myself but with this so called guide it was sadly missing. I was hoping to write a positive review about it here but I’m not going to even bother naming the product.
On a positive note I must have about a dozen domains that are going to be up for grabs over the next couple of days for the last round of auctions for the month and I think there are some pretty decent domains there so I’m hoping for a good last round. I’m also hoping that the PR 3 domain that I purhcased will land in my account tomorrow so that I can put that on the chopping block also, here’s hoping!
May 12, 2008
Domain Flipping
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Not much happening on the domain flipping scene over the last couple of days but I have got 5 domains so far which will go into the next round of auctions. Most of them I got for a bargain price and one of them is a bit of a ’stab in the dark’ which I paid normal registration price for but it’s just another domain flipping idea that i am pursuing.
Out of the 7 auctions that I have running at the moment 2 of them will definately sell and i know I’m going to make a profit on the Page Rank 3 domain as it’s already just below cost price with 2 days left to go. Hopefully as with the last lot of auctions they will all get bids closer to the end.
That’s about it for now, I’m off to see if I can snare some more domains for round 3!
May 9, 2008
Domain Flipping
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Here we go again! O.k I’ve just finished uploading another 7 domains that I can hopefully flip for a profit. Included in this lot of auctions are 5 domains that I found using methods found in one of the ebooks I purchased and another 2 using my own methods. The total for these 7 domains have cost me under $60 so that will be around my break even point. Also included is the domain that I purchased last week and was waiting for it to be transferred and I’m hoping this one will get a few decent bids as it cost me a couple of dollars more than the other domains but it has a stack of links pointing towards it and it even has a PR (page rank) of 3. These are very good factors when selling (or buying) domains.
I’ve also decided to enhance my listing for one of my domains at a cost of around $10. I’m hoping the extra exposure to this domain will cascade down to the other domains I have listed. Apart from that I keep everything pretty basic and don’t purchase any of the other options that Ebay have to offer.
Time wise I’m still spending too long getting these auctions running and I mean in terms of ROI. I could probably use the same amount of time creating another affiliate site which probably would generate more income but that’s not what it is about at the moment so I’ll just stick with it. Half the problem is that I’m mucking around with Photoshop trying to create nice images for the auction but I probably don’t need to. In one way I don’t mind because I want to become better at using photoshop and it only helps to increase my skill base. Mind you I can pretty much do a nice domain logo in a couple of minutes now so I am getting better.
Didn’t find any good domains to purchase today but i did find one through my own methods and I’m going to spend the next 5 days seeing if I can get a stack more domains as I’m probably only going to have enough time to run 2-3 more auctions before the month and this experiment end.
At this stage I have purchased 14 domains since the start of the month so it looks like I could get to purchasing 50 domains for the month ……. damn that seems like an awful lot….better warn the Mrs about the impending credit card statement!!
May 3, 2008
Domain Flipping
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While I don’t plan to update this blog everyday I had a bit of spare time so I thought I would. At the moment I think I’m the only person who has even looked at my auctions but I’m sure the closer they get to their end time the more eyes will see it and they will hopefully bid. I am confident however that they will get bids considering all the other rubbish domains I see getting bid on.
Qutie a few people seem to be trying the same method I am at the moment which actually sparked another idea which I will probably try out. I’ve checked the usual places for domains today and didn’t find anything of use. One thing which is quite apparent is that their are huge numbers of crap domains out there. Domains that are completely non sensical, I’m not even sure how people come up with such crap domains!