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Domain Trading: Turning £150 into £4,500
April 5, 2014|Domaining

Domain Trading: Turning £150 into £4,500

Domain Trading: Turning £150 into £4,500

Back in August 2011 I read a post by internet entrepreneur Frank Paul who turned £100 into £10,000 by buying and selling domain names. It’s a fascinating post which you can read here and an updated version here.

At the time I had only just dipped my toes into the domaining world after selling my first domain (with Frank’s help and advice) and I was beginning to see the money making potential of investing in them.

In the Spring of 2012 I bought 5 domains from one buyer on AcornDomains which to this day I believe has been my best haul. I paid £30 for each of them, £150 in total and those domains were

  • ManchesterTaxi.co.uk
  • BeautyMakeovers.co.uk
  • FuneralCompany.co.uk
  • PrivateDentalSurgery.co.uk
  • VegasCasino.co.uk

I can’t remember my exact reasoning for buying them (I probably didn’t know what I was doing in all honesty), but I do distinctively remember thinking “how the fuck did I just pick up VegasCasino.co.uk for £30?” which I thought was the best of the bunch. I knew I had got a bargain.

I don’t think I realised this at the time, but most of the domains there describe a service, something I have since found has worked best (for me at least) in terms of end user sales.

ManchesterTaxi.co.uk would hopefully appeal to a taxi company in Manchester and I felt VegasCasino.co.uk would make a perfect brand name for a Casino site.

I think that BeautyMakeovers.co.uk, FuneralCompany.co.uk and PrivateDentalSurgery.co.uk had the best potential and I’ll explain why. Not only do they describe a service well, but they also have a good volume of potential buyers. There’s thousands of funeral companies, private dental surgeries and beauty and makeup artists in the UK. I felt if I attempted to contact each of them then surely at least one of them would be interested in buying.

Anyway, I’m waffling here are the sales figures so far.

ManchesterTaxi.co.uk – sold for £4,000 in summer 2013. I actually tried to build a lead generation business from this which you can read more about in this post here. I got the site ranking 2 in Google for ‘Manchester taxi’ before selling it to a taxi company in Manchester. In total I think I spent about 10-15 hours working on the site, ranking it and contacting taxi companies. I’d also never have got this price without Frank’s help, I think I was originally offered £2,000, Frank helped me get twice that.

FuneralCompany.co.uk – sold for £500 in March of this year. I attempted to contact 300 funeral director companies before agreeing on a sales price. In total I spent about 4 hours finding and emailing funeral sites with only one getting back to me, an extremely boring task but worth it in the end.

The rest so far remain unsold, I haven’t made any attempts as of yet to sell them, I used to think that the best way to sell them was to wait for companies to contact me about them, but it’s been 1 and a half years since I bought them and I’ve had no enquires – I could be waiting a very long time.

Buying and selling domains isn’t part of my core business, it’s just something I have an interest in and that I do on the side. It’s taken a lot of research, practice, learning and watching others for me to develop a better eye for ‘what makes a good domain’, and I’m still learning all the time.

I’m hoping that when I do get around to actively selling those other domains (must stop procrastinating) that I’ll soon have my very own ‘turning £xxx into £xx,xxx with domain’ posts. Only time will tell.

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Top 10 .Org.uk Domain Sales
April 12, 2013|Domaining

Top 10 .Org.uk Domain Sales

So it’s 3:30am, and I can’t sleep, the perfect time for a blog post right?

I’ve gone and taken a quick look at the top publicised .org.uk domain sales to date. There may have been higher sales that were done privately and therefore not made public, and if you feel I have missed any out, or got it wrong, let me know (I probably have).

So here’s The Top 10 Publicised .Org.uk Domain Sales.

Update: As I thought, I have missed a couple off and the list has now grown. Many people saying that they know of more domains that would make the list but can’t be because of NDA’s etc.

  • 12 – BlackJack.org.uk for £5,000 back in October 2010
  • 11 – OnlineCasino.org.uk for £6,000 in January 2009
  • 10 – Register.org.uk for £6,167 ($9,500) in January 2013
  • 9 – HomeInsurance.org.uk for £7,500 in October 2010
  • 8 – Handbags.org.uk for £10,000 in September 2011
  • 7 – PayDayLoans.org.uk for £10,600 in September 2011
  • 6 – PayDayLoan.org.uk for £10,000 (plus VAT) in September 2011
  • 5 – CarFinance.org.uk for £10,701 in March 2010. Bit of a cheat this one, as it was ranking well, and not sold purely based on it’s domain value.
  • 4 – ScratchCards.org.uk for £11,500 in October 2010
  • 3 – CreditCards.org.uk for £20,000 in October 2010. Couldn’t post this one without mentioning that I own the singular CreditCard.org.uk, yours for the same price :)
  • 2 – Sledges.org.uk for £25,000. Couldn’t find a date for this one. Another sort of cheat, as Frank Paul got this one ranking nicely before selling it on.
  • 1 – Poker.org.uk for £25,000 in May 2011.

So there you have it! I look forward to all the comments telling me that I got it all wrong :)

I’m off to lay down, that was hard work!

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How Facebook made me £300
August 14, 2011|Domaining

How Facebook made me £300

Recently I’ve started to try my hand at domain trading. For those of you that don’t know what a domain is, it is the name/url of a website, e.g. Google.co.uk, ebay.co.uk etc. Domain trading involves searching and buying domains that you think may be valuable, and then trying to sell them for more. This is something I have wanted to get into for years, but I never really knew how the process worked, and what constitutes a ‘valuable’ domain.

Over the last month, I found myself with a lot of spare time on my hands, and decided to do some more research into domain trading. With the help of forums such as Acorn Domains, and some individuals in the industry (you know who you are), I started to build up an understanding of what type of domains were valuable, and what were not (I’m still learning).

I have since been registering domains in my name, that I would like to develop, or that I thought had the potential to be resold for more. I now have about 20 domains in my domain portfolio.

 I noticed that a hot niche to have a domain in at the moment was for Electronic Cigarettes, with ElectronicCigarettes.co.uk selling for £15,000 recently, and ElectricCigarette.co.uk selling for £1,750. I knew that if I could find one in this niche then I could possibly make some money. However as with any popular niche, it’s very difficult to find a domain available to register, as usually they are snapped up by somebody else. After searching for various terms that could be used for electric cigarette, such as ecigarettes, electriccig, etc, it seemed like they had all been taken. However while I was browsing facebook, I saw a status from a friend of mine. facebook screen shot

 I noticed that this person was calling them e-cigs, a term I didn’t previously search for. After searching again, I found that e-cig.org.uk was available to register, and after getting a second opinion from Frank Paul (cheers Frank!), he suggested it was worth registering. So after paying £7 to have it registered, a week later I put it up for sale on Acorn Domains, where within half an hour of listing it someone offered me £300 for it. I gladly accepted the offer, and was happy to have sold my first domain. Hopefully I will sell a few more in the future :)

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About Me

I’m Mark, but you can call me Rofe. I'm an internet marketing guy based in London Dubai.

I believe the internet is full of money making opportunities, and I seek to take advantage of them where I can.

If there’s a way to make money online I’ve probably tried and failed at it, and then attempted it again with some degree of success.

I’ve tried my hand at affiliate marketing, lead gen, ecommerce, trading domain names, adsense, and I’ve even created a novelty gift.

Here I share my journey making money online, my outlook on life, and whatever other stuff I feel like. Thanks for dropping by.