I sold my first domain the other day it took like 8 months I literally forgot I even got it lol ..I paid $12 for it and made $391 so was a nice surprise
I am full time domainer and I "thought" this was going be another guru video I get tired of hearing the same stuff but you never know when you find a nugget and guess what you hit the nail on the head. I am super impressed with all the information in this video. Now I do sell domains without website attached more frequently than explained here but that has taken me year of sweat, tears and cash to get there. I sell probably 50 or more domains a year that may not sound like alot but if you compare that to my inventory it certainly is. I have alot of junk and alot of amazing names but I do alot of marketing, cold calling, emailing and alot of chase to put all these down. It can be make some good money but exhausting and VERY expensive to get things down and be confident about it. You have a new subscriber here this was an incredible video thank you for not misleading people best of luck of my friend.
Thank you, I appreciate the love! I don't know what your inventory is like, but 50/year is a lot more sales than most. If you don't mind my asking, are you running a net profit?
@Call me lil Hi Lil, yes I do this full time which is my entire income to support my family. Don't get me wrong it took along time to get here and I fell on my face alot I have alot of great domains, some good and some just total crap. The trick is find buyers you have to hunt anywhere from startups to well established businesses but if anyone thinks they can just buy a domain put up a sales lander or list of Afternic or even worse appraise through GD crappy appraisal tool and pick something up for 12 bucks it will magically sell for thousands is dead wrong. I was refreshed to see you pushing content that is closer to reality than 90% of what you see online. You have to embrace the process, hunt like a hunter, and find the perfect match that is where the real money comes. I obviously sell on Afternic, Sedo aftermarket places in general I do a few a month that way but majority of mine are sold through straight hustle cold call, cold email etc if it doesn't sell I then decide what to do with it. I have developed some in the past and ranked them and then go back to the all the no's show them it's ranked and the traffic and of course they want to buy for original price but those are no longer for sale I strictly sign with a company and they buy leads exclusively from me basically a flat fee for the month I have yet to have anyone not pay becuase the leads are good but if they do I keep a list of interested parties and will cancel the contract and move on to the next interested person. That may sound harsh but I bust my tail everyday to nurture my names into a sale or work for me and I don't have time to play the games some people want to play. I know that's a long answer but my point is I work many avenues to get there and it is a full time job I do however make a nice new profit and it's fun for me so it works out but it is not easy and it never will be so anyone looking for a quick buck it is not for them. I have subscribed to your channel and really like your content keep it up your doing it right brotha as I mentioned in my previous comment you inspired me to take on a whole nother project which is already on the works 💪 thanks Lil hope this answers your question and wish you all the success
That is so epic I really like how you took the idea before anyone else and take the risk to get here keep going bro, you inspired me and I am willing to start this business model. I would love to get some guidance from you
Hey Jacob, I am a blogger and I also flip sites. I have created a portfolio of 6 domains listed in Sedo, Afternic and Dan. I am really impressed that you sell 50 domains in a year. Can you please start your RUclips channel and create videos on that. I will be your subscriber.
Hi callmelil I just found your video and I have to say it is very impressive kudos! I like your strategies and I've come to the conclusion I just don't have time to work on my portfolio like I should. It would be different if I was like @jacobharris2373 who does it full time, some of the domains are quite old some brandable and some very nich,e I just don't have the time to call on the co's / biz...
The thing about purchasing domains is you have to brainstorm ideas. And look at past domain sales, to see if the domain you purchase is likely to sell. Otherwise, you're just buying a bunch of domains no one wants. Good luck
I will add this to my previous comment I am going take some of my older inventory and build some sites out. I know how to do it and always "going too" but this video has inspired me to get on it. Thank you
Stumbled on your video while searching the internet for a good platform to buy a domain name. And honestly, i have never heard of the phrase "domain flipping". Listen man, i am so-so blown away by your analysis and intelligence to say the least. I've watched this video twice and read literally all your replies to almost every comment or response. The one you replied the guy/lady asking you why you hated Go-Daddy so much can actually be made into a youtube short or an actual vid. Cos the infos you gave in that response is super enlightening. Thanks for teaching me something new today. like i'm so blown away. :) . I guess just going ahead to google to register my domain is the best step at this point. Thanks lil. lol!
Hey brother, good to hear from you and thanks a lot for the love! But stop right there! Google Domains was (stupidly) recently bought out by Squarespace. I have nothing against Squarespace personally (at least they're straightforward), but they're charging $20/year for a .com domain. In 2023, I'm using Cloudflare for all my domains. Good luck! And let me know if you have any questions
But the problem now is that Flippa is nearly dead , not enough sales (on the small scale) are happening. Do you have an alternative to it that's more alive?
@@ahmedsalah7474 “in real life” almost all of my sales come from building up a blog or tool in a specific industry and then knowing/reaching out to existing businesses in the industry who might want to buy it. Domain flipping, as most guru’s online talk about it online, is long dead. My advice, which I did my best to convey in this video, is to build something that is either useful or has traffic in a given industry and then reach out to people who are already making money in that industry
Domain investing is still profitable. Everybody looks for the quick buck. With good brandable domains one can expect a str of only 1 to 2 %. However the RR can be massive. Domain Investing and waiting sometimes 3 or 4 years for a domain to sell is the reality. Its a mix of having 1000s of quality names. I have sold sold 3 domains for $2500, $1995 and $1200 in last 2 months. I have around 1000 names. So I diasagree with the proposition however agree the method presented here would also be profitable.
This might sound like I'm trying to grill you. I'm not, I am genuinely curious: Where do you buy your domain names and what does the average one cost? Is str, sell-through-rate? If so, do you let the other 98-99% expire? And how do you know when to let it go? What does your average domain sell for? Where do you sell? How long have you been domain flipping?
@@callmelil sorry mate. I deleted other msg and re replied. Happy to have a chat if you have a email contact. Couldnt see one in your about tab on YT. I did respond however because I removed first msg (I didnt want to be preceived as hijacking or bring rude). Let me know ta
@@bucca2.0 I don't mind if it comes off as rude or hijacking. If you're profitable, I'm sure other people watching this would love to know more about your process. If you don't want to reply though, feel free to email me at christian@ostmo.me
So my goals of using my witty ideas for domains and just purchasing then flipping them is definitely dumb? lol I'm glad I found your video before I got very deep into this.
Don’t get me wrong, a good (witty) domain name is better than a shitty one..but ultimately if all you have is a domain name-even a good one-the odds are not in your favor. Create a website, build a brand, add content, bring a following, and you’ll have something that can much more easily convert to cash.
Bro buying a domain name similar to big brands or companies is profitable?or there will be some legal issues like trademark or any other issues? Please explain it
We're diving into hot water here, so I'm going to go ahead and start with a disclaimer: I am not a lawyer, and this is not legal advice-just my best understanding. In these examples, generally no. You can't really infringe on someone's trademark just by buying a domain name. It's all about what you do with it. There are two things at play here: trademark infringement and deception. Trademark infringement: Generally a trademark exists only in a given country in a given market. I can generally use a brand name in a different country OR a different market. So if Best Buy sells computers in the USA, I might still be able to create a brand name called "Best Buy Cupcakes" and sell cupcakes across the USA without infringing on their trademark. I might also be able to create a brand name that sells computers in a different country, like South Africa, for example, where Best Buy has no ties and no registered trademarks (just an example, I have no idea if they have ties or trademarks in SA). Now important to note, I can't be sued for trademark infringement if it's not the same trademark. Maybe Best Buy has a trademark on the term "Best Buy Computers", but not "Best Bye Computers" (like goodbye). Deception: This is where the second one comes in, because I cannot MISLEED people into thinking I am another brand. If a judge decides that a "reasonable person" (legal term) could be tricked into believing I was THAT company, I could still get in trouble. As you can imagine, this is where we enter a bit of a gray area, but if you copied Best Buy's branding and products with a new website called bestbye.com, you could land yourself into some legal trouble. This of course, isn't the end of the story, though, because if you had bestbye.com and made no attempt to misleed people (let's say you sold greeting or goodbye cards), there is nothing Best Buy could do about it. Same thing with my example smiggle vs swiggle. It's not an exact copy of the brand name, so I CAN work in the same market and in the same country. However, I CAN'T do anything that could be perceived as "impersonating" the other brand. The owner of swiggle.com doesn't really risk this anyway, as they haven't done anything with the domain name. It's just sitting there.
hello I am just starting to look into maybe flipping domains but I am just curious and confused, my question is how can I say that I own it or bought the domain if I am just paying for it for like $12 a year? Do I actually own it if thats the case?
Yes and no. Your website exists on a server that may or may not be reachable at an IP address like “213.205.240.23”. ICANN is a nonprofit that administers domain names and connects them with your server to be more “human-readable”. The infrastructure to do that costs money, so some of that $12/year goes to ICANN. The rest goes to your domain name provider (like Google Domains) for facilitating and all the other tools you might get (like DNS hosting, email forward, domain privacy, etc..) You do “own” your domain name in the same way you own any other digital asset (eg you can buy, sell, rent out, or use it). Google and ICANN can’t dictate what you do with it. But unlike other digital assets, if you aren’t continuing to pay for the infrastructure we all rely on, you will lose it. Does that make sense?
@@jmj2638 Sorry for the confusion, I don't buy and sell expired domain names, and I don't think the market for them is very big. I buy domain names, build them into fully-fledged/turnkey businesses and sell those. I'm currently building 23 businesses + a marketplace to house them. In terms of B2C vs B2B, I have sold to both individual customers and larger businesses. Businesses are usually looking for email lists and traffic-many of them will incorporate the site into their existing businesses, while "customers" are looking for something they can turn into their own. Hopefully, that answers your question. Are you in the market, or looking to do something similar?
I see. So I run a web design business and looking into purchasing expired domains and then building out fully functional website and selling them as a packages. So for example buying and NFT domain and building an NFT website and packaging that domain with that website to sell.
That’s pretty much what I’m doing, but I don’t think having expired domains adds much. The main idea behind having an expired domain (in the past) is that the previous owner would be interested in buying it. That isn’t really the case any more. I focus on “brandable” domains. What’s your web design agency?
Why do you hate GoDaddy so much? Would you mind to explain a little more? (I hate it too! But I would like to know WHY you do, since you are an expert on this subject). :D
Their entire business model is predicated on luring people in with cheap offers and then WAY over charging them later on automatic subscriptions. As an example, a new domain is £0.01 here in the UK for the first year, but only if you signup for 3 years at a time (subsequent years are £17.97 or $22.25). OR you can get it for £8.99 first year without the 3 year commitment, but then it still renews at £17.97 later on. In that case, they have weird rules, like you can't transfer your domain to another registrar for the first 90 days, for the sole reason that you'll probably forget before your renewal date. Google domains, by contrast sold domains for a flat $12/year. No gimmicks, and you got stuff included that Godaddy tried to upsell you for, like email forwards, etc..I should note here that Google domains was recently bought by Squarespace, so my updated Sep 2023 recommendation is buying from Cloudflare. They charge a flat $9.77/year for .com domains and they do pretty much everything the same. It's obviously not just domains, they do this with everything they sell and the quality of their hosting, email, page builder is basically garbage on top of being expensive. Their standard single site hosting plan, for example goes from £4.99/month and renews at £143.99/year (more than double). Obviously, luring new users in with cheap offer is not exclusive to Godaddy, but their product is just total and utter shit. You can get better for cheaper via literally anyone else. Even servercheap.com/ has better hosting and you can get a whole VPS (that can probably handle 5+ sites) for like $3/month (which is half of GD's offer price for a single site, nevermind their renewal price). They basically entirely depend on gullible people buying a shitty product over the sticker price. And as if that wasn't enough, their support is absolutely attrocious. First of allm they are basically clueless about anything tech-related, and on top of that, I had a client early in my career who had her whole business, whole means of making an income, completely wiped out with the push of a button. Poof. Gone. because one of their reps had no idea what he was doing. So anyway, I digress.
It’s not some life-changing mistake, because you can still transfer away from them. I think they have some policy that you have to wait 90 days after you register (stupid), but you know…do that as soon as you can. They say they do that for security reasons, but the real reason is they’re hoping you’ll forget and let it go for automatice renewal-which is where they make their money. And I think that tells you everything you need to know about their business practices. Everything is designed to take you further down their sales funnel where they overcharge for everything, including services that Google gives away for free. Like domain privacy. Sometimes, they resort to downright blackmail. If you forget to renew your domain, they will snag it for a 30 or 90 day extension and try to charge you hundreds to get it back-again, a service Google offers for free. Not to mention, all of Godaddy’s tools are more complex and harder to use, and their hosting is basically worthless. Your site will never rank in search engines sitting on one of their shared servers.
@@naseroric274 I always buy from Google Domains. .com domains cost $12, no fluff or sleazy sales. Godaddy does this bait and switch where your first domain for the first year is like $1 and then $22 every year after that. Then they try to milk you by charging extra for all the services Google offers for free-it looks cheap, but it is almost always more expensive. There are cheaper options (down to like $9 for .com domains) and those few dollars can make a dent in your bottom line if you are buying thousands of domains (for 10's of thousands of $'s). However, most of them won't offer the same service, features, and ease of use at the same price. Make sure you research whoever you go with thoroughly and decide based on what they offer for the price.
@@naseroric274 I agree about the upcharging that GoDaddy does, but a shared server doesn't prevent a website from ranking. A dedicated server offers faster speeds which in turn can help with ranking but it's not fair to say your site will never rank in search engines if it's on a shared server.
Good to hear from you brother. I want to do some rock👀hounding in southern Oregon at some point in a few months down the road & if you're back in the Pacific💚NW I would be grateful for the opportunity to avoid anything electronic except camera equipment if you were up for a nature📷photography hiking trip I'm game.😊 May every day bless your familily with pleasant times of joyful adventure full of happiness together treasuring the wisdom of the day bestowed upon you through your experiences. Peace Out until next time from Albany😉🌈😎🌲🍄
If you're in my neck of the woods, feel free to send me an email: christian@ostmo.me! I don't have any current plans to go back, but it's certainly worth an email :)
First step would be to create a brand/image around it, then start creating content. If you want to ask any specific questions, feel free to email christian@lilassistance.com
Nevermind that their domains are double the price of Google domains after the introductory $0.99 offer. Their entire MO is to get you to spend money on things that should be free. Their first line of support has no idea what they're talking about. Their servers are cheap, but still somehow not worth the price (slow, go down all the time comparatively, can't handle real traffic). Can't tell you how many times clients have come to me after GD f*cked them over. One time years ago, their support just deleted a client's website on accident. Poof. Gone. Thousands of blog articles, a whole business just gone.
What are the sites you recommend to rent and lease to own your domain names? I have 5 domain names and would to get monthly income from them. Thank you in advance for your input.
But it is! There’s good money to be made in buying a domain, creating a brand, and building an audience or content in a specific niche. “Simply” flipping domains is on average, a losing proposition
@@callmelil Hi all, I invest in domain names. You have flippers and investors. Flipping is typically trying to resell within the first year to avoid the renewal. Often this is buying hand reg (from a registrar) and typically the profit is small e.g £50 -£150 but excellent ROI. Paying more for better quality names and holding for a few years its generally when you get sales in the thousands, but of course sometimes you get lucky and buy a hand reg and sell for for 1000 X. Hope that helps
Apologies for that! I actually removed it, because I have a newer, better drawing ongoing: lilassistance.com/drawing/. Check out my latest video for more details.
No one said they are rebranding. It's all about finding something that "sounds familiar". Crapple was obviously a joke, but Swiggle is actually listed for hundreds of thousands.
You're close but you're leaving out what makes domains valuable and business will pay those prices because they would have to hire a crew and spend 5-10k a month if a big business building the most important thing that has to do with domains. Thats the critical part. Little word called backlinks
relevent backlinks I bought a bunch of bung domains from godaddy using AHrefs before I figured what I was doing, now I'm learning how to make simple wordpress sites to build them out. content generation is the most difficult unless you outsource which I think I might write them up instead of out sourcing
Backlinks are not nearly as important as they used to be, and backlink building is a very easy way to get your site marked as spam. That’s why I didn’t mention it. I have not actively sought backlinks in 5-6 years, yet I have dozens of sites with traffic I couldn’t have dreamt of back 5 years ago. They have some backlinks, it happens naturally as you build a following, but I wouldn’t make it an SEO focus in 2023, and I actively discourage my clients from it as well. UX, speed, social media, and retention are more important than ever before. The Google algo is looking more like the YT algo every day
Yeah, the .com versions of everything will probably always be most valuable, but .io and .ai domains are really popular in the tech space. The primary thing you want to keep in mind when picking the tld is that to flip domains, you need to create and provide value. Branding, traffic, content, are all valuable. Some random domain name with nothing else-regardless of the tld-really doesn't provide value. Second thing is just avoid traditionally scammy tld's like .biz, .xyz, .live, etc..
@@callmelil thank you Bro so let us say that i take a Domain to make it more valuable do i have to start creating traffic at first step? So this means creating a website on that domain otherwise why would people want to visit if there is no content. Thanks again for the support much appreciated
I have a question regarding domains. I would like to know if i can resell a domain on for example godaddy for any price. For example, I buy a domain on godaddy for 1 euro and then want to sell it on godaddy for 1 million euros, would this be possible? If so, what are the requirements for this? So the question is basically can i set the price as high as i want. Greetings.
You can set the price to whatever you want. No rules, just like I could set the price of my candy bar to €1 million. Will someone pay that for it though? That’s the question
@@callmelil Lol, exactly. Homie above thinks it's some sort of walk in the park to do a sale (especially when set with ridiculous prices) actually happen.
I reached out to Flippa and Brandpa for this video, used a selenium script to scrape Godaddy auction sales data, etc..Is there a particular data point you're looking for?
Giveaway/drawing at the end
Hey listen. I wanna become domain flipper
@@NikMontanaMusic I can help you. Get in touch Christian@ostmo.me
I sold my first domain the other day it took like 8 months I literally forgot I even got it lol ..I paid $12 for it and made $391 so was a nice surprise
Where did you buy it and sell it at?
Yeah what he said
Are you still doing it? Did you pay those monthly/annual fee's?
I am full time domainer and I "thought" this was going be another guru video I get tired of hearing the same stuff but you never know when you find a nugget and guess what you hit the nail on the head. I am super impressed with all the information in this video. Now I do sell domains without website attached more frequently than explained here but that has taken me year of sweat, tears and cash to get there. I sell probably 50 or more domains a year that may not sound like alot but if you compare that to my inventory it certainly is. I have alot of junk and alot of amazing names but I do alot of marketing, cold calling, emailing and alot of chase to put all these down. It can be make some good money but exhausting and VERY expensive to get things down and be confident about it. You have a new subscriber here this was an incredible video thank you for not misleading people best of luck of my friend.
Thank you, I appreciate the love! I don't know what your inventory is like, but 50/year is a lot more sales than most. If you don't mind my asking, are you running a net profit?
@Call me lil Hi Lil, yes I do this full time which is my entire income to support my family. Don't get me wrong it took along time to get here and I fell on my face alot I have alot of great domains, some good and some just total crap. The trick is find buyers you have to hunt anywhere from startups to well established businesses but if anyone thinks they can just buy a domain put up a sales lander or list of Afternic or even worse appraise through GD crappy appraisal tool and pick something up for 12 bucks it will magically sell for thousands is dead wrong. I was refreshed to see you pushing content that is closer to reality than 90% of what you see online. You have to embrace the process, hunt like a hunter, and find the perfect match that is where the real money comes. I obviously sell on Afternic, Sedo aftermarket places in general I do a few a month that way but majority of mine are sold through straight hustle cold call, cold email etc if it doesn't sell I then decide what to do with it. I have developed some in the past and ranked them and then go back to the all the no's show them it's ranked and the traffic and of course they want to buy for original price but those are no longer for sale I strictly sign with a company and they buy leads exclusively from me basically a flat fee for the month I have yet to have anyone not pay becuase the leads are good but if they do I keep a list of interested parties and will cancel the contract and move on to the next interested person. That may sound harsh but I bust my tail everyday to nurture my names into a sale or work for me and I don't have time to play the games some people want to play. I know that's a long answer but my point is I work many avenues to get there and it is a full time job I do however make a nice new profit and it's fun for me so it works out but it is not easy and it never will be so anyone looking for a quick buck it is not for them. I have subscribed to your channel and really like your content keep it up your doing it right brotha as I mentioned in my previous comment you inspired me to take on a whole nother project which is already on the works 💪 thanks Lil hope this answers your question and wish you all the success
That is so epic I really like how you took the idea before anyone else and take the risk to get here keep going bro, you inspired me and I am willing to start this business model. I would love to get some guidance from you
Hey Jacob, I am a blogger and I also flip sites. I have created a portfolio of 6 domains listed in Sedo, Afternic and Dan. I am really impressed that you sell 50 domains in a year. Can you please start your RUclips channel and create videos on that. I will be your subscriber.
Hi callmelil I just found your video and I have to say it is very impressive kudos!
I like your strategies and I've come to the conclusion I just don't have time to work on my portfolio like I should.
It would be different if I was like @jacobharris2373 who does it full time, some of the domains are quite old some brandable and some very nich,e I just don't have the time to call on the co's / biz...
The thing about purchasing domains is you have to brainstorm ideas. And look at past domain sales, to see if the domain you purchase is likely to sell. Otherwise, you're just buying a bunch of domains no one wants. Good luck
Good luck to you as well
I will add this to my previous comment I am going take some of my older inventory and build some sites out. I know how to do it and always "going too" but this video has inspired me to get on it. Thank you
Stumbled on your video while searching the internet for a good platform to buy a domain name. And honestly, i have never heard of the phrase "domain flipping". Listen man, i am so-so blown away by your analysis and intelligence to say the least. I've watched this video twice and read literally all your replies to almost every comment or response. The one you replied the guy/lady asking you why you hated Go-Daddy so much can actually be made into a youtube short or an actual vid. Cos the infos you gave in that response is super enlightening. Thanks for teaching me something new today. like i'm so blown away. :) . I guess just going ahead to google to register my domain is the best step at this point. Thanks lil. lol!
Hey brother, good to hear from you and thanks a lot for the love!
But stop right there! Google Domains was (stupidly) recently bought out by Squarespace. I have nothing against Squarespace personally (at least they're straightforward), but they're charging $20/year for a .com domain. In 2023, I'm using Cloudflare for all my domains. Good luck! And let me know if you have any questions
man. i wish this guy would cover more subjects!! the way he presents the info and squeezes ALL of it in 1 video is great.
Thank you! I'm gearing up to do a lot more in 2024. Stay tuned
From someone who tried flipping premium branded domains I say you couldn't be more right about this!
Thanks for the comment!
But the problem now is that Flippa is nearly dead , not enough sales (on the small scale) are happening. Do you have an alternative to it that's more alive?
@@ahmedsalah7474 “in real life” almost all of my sales come from building up a blog or tool in a specific industry and then knowing/reaching out to existing businesses in the industry who might want to buy it. Domain flipping, as most guru’s online talk about it online, is long dead. My advice, which I did my best to convey in this video, is to build something that is either useful or has traffic in a given industry and then reach out to people who are already making money in that industry
This is hilarious.
You completely speak my language.
What a great find🙏🏻
Thank you!
Yeah.. domain flipping can be like real estate wholesaling. Buy domain. Buildout. Sell. Adding Social media to your domain is a nugget
Awesome video. Appreciate the info
Domain investing is still profitable. Everybody looks for the quick buck. With good brandable domains one can expect a str of only 1 to 2 %. However the RR can be massive.
Domain Investing and waiting sometimes 3 or 4 years for a domain to sell is the reality. Its a mix of having 1000s of quality names. I have sold sold 3 domains for $2500, $1995 and $1200 in last 2 months. I have around 1000 names. So I diasagree with the proposition however agree the method presented here would also be profitable.
This might sound like I'm trying to grill you. I'm not, I am genuinely curious:
Where do you buy your domain names and what does the average one cost?
Is str, sell-through-rate? If so, do you let the other 98-99% expire? And how do you know when to let it go?
What does your average domain sell for?
Where do you sell?
How long have you been domain flipping?
@@callmelil sorry mate. I deleted other msg and re replied. Happy to have a chat if you have a email contact. Couldnt see one in your about tab on YT. I did respond however because I removed first msg (I didnt want to be preceived as hijacking or bring rude). Let me know ta
@@bucca2.0 I don't mind if it comes off as rude or hijacking. If you're profitable, I'm sure other people watching this would love to know more about your process. If you don't want to reply though, feel free to email me at christian@ostmo.me
@@callmelil will shoot u a email
So my goals of using my witty ideas for domains and just purchasing then flipping them is definitely dumb? lol I'm glad I found your video before I got very deep into this.
Don’t get me wrong, a good (witty) domain name is better than a shitty one..but ultimately if all you have is a domain name-even a good one-the odds are not in your favor. Create a website, build a brand, add content, bring a following, and you’ll have something that can much more easily convert to cash.
I am getting into this business and I can attest your tips are correct
Value. Spot on. Subbed.😮😊😊
My dad does this, i had to see if there was a video on it and here i am lol
i thought along this idea anyway, but a good video reinforcing what i know.
Thank you! Love this video
Thank you!
I'm 2 years late, are you still having your contest if I sign up?
The contest is long over unfortunately, but we do still have virtual assistants: lilassistance.com
Bro buying a domain name similar to big brands or companies is profitable?or there will be some legal issues like trademark or any other issues? Please explain it
We're diving into hot water here, so I'm going to go ahead and start with a disclaimer: I am not a lawyer, and this is not legal advice-just my best understanding.
In these examples, generally no. You can't really infringe on someone's trademark just by buying a domain name. It's all about what you do with it.
There are two things at play here: trademark infringement and deception.
Trademark infringement: Generally a trademark exists only in a given country in a given market. I can generally use a brand name in a different country OR a different market. So if Best Buy sells computers in the USA, I might still be able to create a brand name called "Best Buy Cupcakes" and sell cupcakes across the USA without infringing on their trademark. I might also be able to create a brand name that sells computers in a different country, like South Africa, for example, where Best Buy has no ties and no registered trademarks (just an example, I have no idea if they have ties or trademarks in SA).
Now important to note, I can't be sued for trademark infringement if it's not the same trademark. Maybe Best Buy has a trademark on the term "Best Buy Computers", but not "Best Bye Computers" (like goodbye).
Deception: This is where the second one comes in, because I cannot MISLEED people into thinking I am another brand. If a judge decides that a "reasonable person" (legal term) could be tricked into believing I was THAT company, I could still get in trouble. As you can imagine, this is where we enter a bit of a gray area, but if you copied Best Buy's branding and products with a new website called bestbye.com, you could land yourself into some legal trouble.
This of course, isn't the end of the story, though, because if you had bestbye.com and made no attempt to misleed people (let's say you sold greeting or goodbye cards), there is nothing Best Buy could do about it.
Same thing with my example smiggle vs swiggle. It's not an exact copy of the brand name, so I CAN work in the same market and in the same country. However, I CAN'T do anything that could be perceived as "impersonating" the other brand. The owner of swiggle.com doesn't really risk this anyway, as they haven't done anything with the domain name. It's just sitting there.
@@callmelil means we should avoid such domain names ...?
@@fahadkaleem9888 no. You should avoid infringing on a company’s trademark, but you usually won’t do that by following my advice in this video.
great info, thx! :)
hello I am just starting to look into maybe flipping domains but I am just curious and confused, my question is how can I say that I own it or bought the domain if I am just paying for it for like $12 a year? Do I actually own it if thats the case?
Yes and no.
Your website exists on a server that may or may not be reachable at an IP address like “213.205.240.23”. ICANN is a nonprofit that administers domain names and connects them with your server to be more “human-readable”. The infrastructure to do that costs money, so some of that $12/year goes to ICANN. The rest goes to your domain name provider (like Google Domains) for facilitating and all the other tools you might get (like DNS hosting, email forward, domain privacy, etc..)
You do “own” your domain name in the same way you own any other digital asset (eg you can buy, sell, rent out, or use it). Google and ICANN can’t dictate what you do with it. But unlike other digital assets, if you aren’t continuing to pay for the infrastructure we all rely on, you will lose it.
Does that make sense?
@@callmelil I see it makes more sense now, thank you for your detailed explanation.
Interested…:could u create your own website and sell domains on ur website…basically e-commerce for domains?
That is exactly what I'm in the middle of doing
Just curious…who would you market this to? B2C…B2B. Who really is in the market to buy expired domains?
@@jmj2638 Sorry for the confusion, I don't buy and sell expired domain names, and I don't think the market for them is very big. I buy domain names, build them into fully-fledged/turnkey businesses and sell those. I'm currently building 23 businesses + a marketplace to house them.
In terms of B2C vs B2B, I have sold to both individual customers and larger businesses. Businesses are usually looking for email lists and traffic-many of them will incorporate the site into their existing businesses, while "customers" are looking for something they can turn into their own. Hopefully, that answers your question. Are you in the market, or looking to do something similar?
I see. So I run a web design business and looking into purchasing expired domains and then building out fully functional website and selling them as a packages. So for example buying and NFT domain and building an NFT website and packaging that domain with that website to sell.
That’s pretty much what I’m doing, but I don’t think having expired domains adds much. The main idea behind having an expired domain (in the past) is that the previous owner would be interested in buying it. That isn’t really the case any more. I focus on “brandable” domains. What’s your web design agency?
Why do you hate GoDaddy so much? Would you mind to explain a little more? (I hate it too! But I would like to know WHY you do, since you are an expert on this subject). :D
Their entire business model is predicated on luring people in with cheap offers and then WAY over charging them later on automatic subscriptions. As an example, a new domain is £0.01 here in the UK for the first year, but only if you signup for 3 years at a time (subsequent years are £17.97 or $22.25). OR you can get it for £8.99 first year without the 3 year commitment, but then it still renews at £17.97 later on. In that case, they have weird rules, like you can't transfer your domain to another registrar for the first 90 days, for the sole reason that you'll probably forget before your renewal date.
Google domains, by contrast sold domains for a flat $12/year. No gimmicks, and you got stuff included that Godaddy tried to upsell you for, like email forwards, etc..I should note here that Google domains was recently bought by Squarespace, so my updated Sep 2023 recommendation is buying from Cloudflare. They charge a flat $9.77/year for .com domains and they do pretty much everything the same.
It's obviously not just domains, they do this with everything they sell and the quality of their hosting, email, page builder is basically garbage on top of being expensive. Their standard single site hosting plan, for example goes from £4.99/month and renews at £143.99/year (more than double).
Obviously, luring new users in with cheap offer is not exclusive to Godaddy, but their product is just total and utter shit. You can get better for cheaper via literally anyone else. Even servercheap.com/ has better hosting and you can get a whole VPS (that can probably handle 5+ sites) for like $3/month (which is half of GD's offer price for a single site, nevermind their renewal price).
They basically entirely depend on gullible people buying a shitty product over the sticker price. And as if that wasn't enough, their support is absolutely attrocious. First of allm they are basically clueless about anything tech-related, and on top of that, I had a client early in my career who had her whole business, whole means of making an income, completely wiped out with the push of a button. Poof. Gone. because one of their reps had no idea what he was doing.
So anyway, I digress.
What is Profitable then...Selling Just Domain name or Building a Website and then sell it ? 🙋
Build the website first-that will always yield more money
Hey I bought a two domains for a few bucks each on go daddy was that a mistake? What’s wrong with go daddy
It’s not some life-changing mistake, because you can still transfer away from them. I think they have some policy that you have to wait 90 days after you register (stupid), but you know…do that as soon as you can. They say they do that for security reasons, but the real reason is they’re hoping you’ll forget and let it go for automatice renewal-which is where they make their money. And I think that tells you everything you need to know about their business practices.
Everything is designed to take you further down their sales funnel where they overcharge for everything, including services that Google gives away for free. Like domain privacy. Sometimes, they resort to downright blackmail. If you forget to renew your domain, they will snag it for a 30 or 90 day extension and try to charge you hundreds to get it back-again, a service Google offers for free.
Not to mention, all of Godaddy’s tools are more complex and harder to use, and their hosting is basically worthless. Your site will never rank in search engines sitting on one of their shared servers.
@@callmelil
So which website to buy domains from do you recommend?
@@naseroric274 I always buy from Google Domains. .com domains cost $12, no fluff or sleazy sales. Godaddy does this bait and switch where your first domain for the first year is like $1 and then $22 every year after that. Then they try to milk you by charging extra for all the services Google offers for free-it looks cheap, but it is almost always more expensive.
There are cheaper options (down to like $9 for .com domains) and those few dollars can make a dent in your bottom line if you are buying thousands of domains (for 10's of thousands of $'s). However, most of them won't offer the same service, features, and ease of use at the same price. Make sure you research whoever you go with thoroughly and decide based on what they offer for the price.
@@callmelil Thank you for the answer. I hope you and your family are doing well. Your content is genuine and raw. Keep it up bro. Take care.
@@naseroric274 I agree about the upcharging that GoDaddy does, but a shared server doesn't prevent a website from ranking. A dedicated server offers faster speeds which in turn can help with ranking but it's not fair to say your site will never rank in search engines if it's on a shared server.
Do you change your title to match the year or something? "How to...in2024." Posted 2 years ago 🤔
Yes…yes I did. Still all true (other than Google domains being bought by squarespace)
good content, also agree on richmond !
Absolutely love it!
Good to hear from you brother. I want to do some rock👀hounding in southern Oregon at some point in a few months down the road & if you're back in the Pacific💚NW I would be grateful for the opportunity to avoid anything electronic except camera equipment if you were up for a nature📷photography hiking trip I'm game.😊 May every day bless your familily with pleasant times of joyful adventure full of happiness together treasuring the wisdom of the day bestowed upon you through your experiences. Peace Out until next time from Albany😉🌈😎🌲🍄
If you're in my neck of the woods, feel free to send me an email: christian@ostmo.me! I don't have any current plans to go back, but it's certainly worth an email :)
i put the TM emoji into domains, nice video
Tell me more
I have a really good crypto domain and I believe can be sold for a high amount but I do not know how to go about doing it...
First step would be to create a brand/image around it, then start creating content. If you want to ask any specific questions, feel free to email christian@lilassistance.com
You seem pretty triggered by Godaddy - plz can you elaborate on why they can’t be trusted ?
Nevermind that their domains are double the price of Google domains after the introductory $0.99 offer. Their entire MO is to get you to spend money on things that should be free. Their first line of support has no idea what they're talking about. Their servers are cheap, but still somehow not worth the price (slow, go down all the time comparatively, can't handle real traffic). Can't tell you how many times clients have come to me after GD f*cked them over. One time years ago, their support just deleted a client's website on accident. Poof. Gone. Thousands of blog articles, a whole business just gone.
what is the best website to sell Domain names in 2022 ??? any help. i've been trying to sell my domain but not sure where to do it
What have you tried already? What’s your site, and niche? Is it generating money? My favorite vendor requires verified income
What are the sites you recommend to rent and lease to own your domain names?
I have 5 domain names and would to get monthly income from them.
Thank you in advance for your input.
Nice video
Wink 😜😜
So basically, it is not a good way to make money online
But it is! There’s good money to be made in buying a domain, creating a brand, and building an audience or content in a specific niche. “Simply” flipping domains is on average, a losing proposition
@@callmelil Hi all, I invest in domain names. You have flippers and investors. Flipping is typically trying to resell within the first year to avoid the renewal. Often this is buying hand reg (from a registrar) and typically the profit is small e.g £50 -£150 but excellent ROI. Paying more for better quality names and holding for a few years its generally when you get sales in the thousands, but of course sometimes you get lucky and buy a hand reg and sell for for 1000 X. Hope that helps
great vid ! I went to your site but i never got the pop up :(
Apologies for that! I actually removed it, because I have a newer, better drawing ongoing:
lilassistance.com/drawing/. Check out my latest video for more details.
So wjay sound smiggle rebrand into swiggle... That's like apple rebranding to crapple. Makes no sense
No one said they are rebranding. It's all about finding something that "sounds familiar". Crapple was obviously a joke, but Swiggle is actually listed for hundreds of thousands.
You're close but you're leaving out what makes domains valuable and business will pay those prices because they would have to hire a crew and spend 5-10k a month if a big business building the most important thing that has to do with domains. Thats the critical part. Little word called backlinks
What are back links?
relevent backlinks
I bought a bunch of bung domains from godaddy using AHrefs before I figured what I was doing, now I'm learning how to make simple wordpress sites to build them out. content generation is the most difficult unless you outsource which I think I might write them up instead of out sourcing
Backlinks are not nearly as important as they used to be, and backlink building is a very easy way to get your site marked as spam. That’s why I didn’t mention it. I have not actively sought backlinks in 5-6 years, yet I have dozens of sites with traffic I couldn’t have dreamt of back 5 years ago. They have some backlinks, it happens naturally as you build a following, but I wouldn’t make it an SEO focus in 2023, and I actively discourage my clients from it as well.
UX, speed, social media, and retention are more important than ever before. The Google algo is looking more like the YT algo every day
Shame Google Domains is no more
Cloudflare is my replacement! That's what I've been recommending to everyone in 2024
Hi, I'm buying a domain name for my business. anyone can suggest?
What’s your business?
Bro i have a question what about the new extensions? Do they have good potential?
Yeah, the .com versions of everything will probably always be most valuable, but .io and .ai domains are really popular in the tech space. The primary thing you want to keep in mind when picking the tld is that to flip domains, you need to create and provide value. Branding, traffic, content, are all valuable. Some random domain name with nothing else-regardless of the tld-really doesn't provide value. Second thing is just avoid traditionally scammy tld's like .biz, .xyz, .live, etc..
@@callmelil thank you Bro so let us say that i take a Domain to make it more valuable do i have to start creating traffic at first step? So this means creating a website on that domain otherwise why would people want to visit if there is no content.
Thanks again for the support much appreciated
I have a question regarding domains. I would like to know if i can resell a domain on for example godaddy for any price.
For example, I buy a domain on godaddy for 1 euro and then want to sell it on godaddy for 1 million euros, would this be possible? If so, what are the requirements for this? So the question is basically can i set the price as high as i want.
Greetings.
You can set the price to whatever you want. No rules, just like I could set the price of my candy bar to €1 million. Will someone pay that for it though? That’s the question
@@callmelil Lol, exactly. Homie above thinks it's some sort of walk in the park to do a sale (especially when set with ridiculous prices) actually happen.
bro got me all confused
Happy clear anything up. Do you have a question?
Trolling gifts for your daughter on the internet? Wtf lol.
Well over a year old now, and no one bought it for me-I mean my daughter 🤣🤣
Domain flipping provides no value.
But website building does. This video explains why you should be building brands and audiences instead of just flipping domains.
@@callmelil yup, exactly.
where are you getting your statistics from please verify number.
I reached out to Flippa and Brandpa for this video, used a selenium script to scrape Godaddy auction sales data, etc..Is there a particular data point you're looking for?
"speaking British" lol, umm English? lol
Some dialects of English are mutually unintelligible…
Wow. You showed your kid on RUclips. Okay ....
Do you have something to add to that? I'm lost..
Do you have an instagram?
I'm not very active, but I am @christianostmo in IG