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Do Domainers Accept Bitcoin As Payment? Do They Mine Coins Like They Mine Domains?

Lately I haven’t been blogging much because I’ve been riding the BitCoin wave. Something that I ask myself is if Domainers accept payment for domains in BitCoin or if they mine domain names similar to how bitcoins are mined. As of about a year ago, I got into the bitcoin scene. I purchased a bitcoin and I felt that it was “enough”. However as the price went up and down, I really liked the spikes. One day I made a lot more on my 1BTC investment. The next day I lost. And the cycle keeps going on a day to day basis.

Something I am aware of now is that bitcoin can be a good way to accept payment for a domain name sale. You can choose to keep each bitcoin or cash it out immediately for it’s current worth. The thing that gets a lot of people is hope that each bitcoin can be worth more than what the initial worth is. For example, let’s say I sell a medium to low grade domain name at wholesale worth of $250 USD right now. If I accept a bitcoin as payment (at today’s worth), the domain may not of sold for as much as I had hoped. However, the bitcoin I received as payment may go up or down in value. If the worth of the bitcoin doubles in a little bit of time, then it was a great investment. If the bitcoin loses value, then it probably wasn’t worth the gamble. Or you can hold the bitcoin and hope it goes up in value.

Something else I have been doing a lot is bitcoin mining. Basically it involves buying powerful ASIC bitcoin miners to mine bitcoins. Along with a hefty electric bill, you get paid bitcoins for every block a mining pool finds. So it’s as easy as making an educatued guess as to when you will ROI, what hardware to buy and how much you want to wait / make. This all reminds me of domain warehousing which I have been in the business of for a long time. You can choose to sell the bitcoins or bitcents or keep them and pay the electric bill or cash them in and pay the bill with the cashout. I usually prefer to keep the coins and pay out of pocket for the electric.

This post is to make people aware that you can accept bitcoin as payment for any domain you have for sale. You can easily cash the coin(s) out instantly at the current exchange rate if you want to play it safe. Otherwise, you can hold on to the coins and wait for them to be worth more. There are many websites such as coinbase that allow you to put a purchase now button next to any item / domain you may have for sale. You can even set options to either get an instant exchange rate and get the cash delivered instantly or keep the bitcoin in your account and ride the wave of an up / down slope and pull out when you want to.

As more companies are accepting bitcoin as payment, I see how this is becoming a valuable payment method to our eco system. You can warehouse domains, but their net worth may be worth more if you invite bitcoin as payment to sell domain names. Quick example would be – what if someone purchased bitcoin at a very low price of say $77 USD per coin. Then they find your domain for sale @ $2500 USD. In their mind, they don’t think that they are spending 10 x $250 USD current BTC price. Instead they think, hey, I purchased bitcoin @ $77 USD each, so $10 x $77 = $770 and that is fair for this domain name. So both parties win and are happy.

For anyone looking to accept bitcoin on their sales lander pages or domain portfolio, you can find button information here: https://www.coinbase.com/docs/merchant_tools/payment_buttons You may even find it useful for other payment options. In my opinoin, the more options we present a buyer for payment – the better. It could be that someone who wants to buy something from you may even prefer to pay with bitcoin or crypto currency. So you can be doing all parties a favor by offering alternate options better your chances at securing a sale.

Solid GoDaddy Transfer Codes For $1.99 Per Domain Transfer.

Hello everyone,

Transfer any .com domain name to GoDaddy right now using any of these codes for only $1.99 – $2.17 after the $0.18 ICANN fees using these cool promo codes.

Promotion Codes For GoDaddy Transfers

GoDaddy Promo Codes

Thought I’d share some of the GoDaddy.com transfer codes I used to transfer in close to 30 domains at only $1.99 per domain. The final checkout price equaled $2.17 per .com domain. This saved me over a hundred dollars if I had renewed the domains at regular price at each registrar. Here’s the codes that worked for me today. Hopefully they will work for you too.

dog199
coder199
199GEEKS
GO199
tech199
RAD199
ZANY
SMRT199A
ROOSTER
HINCH199
GOFBIN02
jcvd199a
Rocket199
199nuts
IAP199
Sideshow
sigler199
MMA
gofhcrm110
cjc199ca
DANICA199
fbrmkhp1
fbrmkhp2
gofhcuk108
NOV199LAL6
NOVDOMAIN1
race199twa
race199twb

The only issue will be that you will need to use each transfer code one by one during checkout and apply one code per each domain that your transfer in. The benefit is that the savings do add up in your account.

I successfully transferred over a  bunch of domains at this rate & plan on transferring more over if the promo codes keep working. In my experience, if a coupon / promo code works, at this price the it’s definitely worth it for me to transfer to GoDaddy. I always feel like I’m sticking it to the system when savings like this roll my way ;)

Credits go to the hard working members at the domain forum: NamePros.com For these awesome Promo Codes.

Free Tutorial – How To Turn Your Domain Names Into Full WordPress Websites

Wordpress Website

Turn Your Domain Names Into WordPress Websites.

Often times a customer will ask me to setup a wordpress website for their domain name(s). I don’t charge much because it’s an easy task & with the countless free wordpress themes available, It’s easy to pick one that matches the customer’s domain. In this tutorial, I will go over step by step what I do to convert a domain name into a full wordpress website. We’ll start with a domain name, I’ll show you how to change the DNS, setup the hosting and end up with a full working wordpress site.  You don’t have to be technical or be a web developer to follow this tutorial. Once WordPress is setup, the admin panel makes it easy to insert content, images and video. Your domain will rank in search engine results with time and become a valuable asset to your domain portfolio.

So let’s get started. Below are a list of items you will need:

  • A domain name you’d like to develop.
  • A hosting account that offers Softaculous.
  • A WordPress Template to use.
  • Content and graphics to fill up the website.
  • A logo for your domain (optional).
  • Google Adsense or other monetizing / ad serving / affiliate linking (optional).

Let’s get started and prepare the domain name’s DNS setup so it can work with our hosting. By default, my domains are not setup to point to my hosting DNS. They are usually defaulting to parking so I can gauge a sale after catching the domain. I will usually wait until I am ready to develop a domain before I change it’s DNS to point to my hosting and develop the domain.

In this example, I will be using the domain name: malwareshield.com. The domain will become a wordpress website for educational purposes of malware, how to shield yourself & products or ads that will generate revenue for the domain. The domain is registered at Dynadot, so let’s login and change the domain’s DNS and get this tutorial started.

As you can see here, I will demonstrate step by step what I do to change the DNS. After logging into Dynadot, I select the domain so I can change it’s DNS.

Dynadot DNS Settings

Changing My Dynadot Domain’s DNS Settings

As you can see, I have changed the Domain’s DNS to point to my hosting company’s DNS servers. HostUpon uses the nameservers: cloud1 & cloud2.hostupon.com.

Dynadot DNS

Domain DNS Changed

Now that the DNS settings have been changed, I am ready to login to my hosting company’s control panel. I use the hosting from a company called: HostUpon. In my experience, they offer the most reliable, fast and cost effective hosting. Their servers are much faster than HostGator and other companies I have tried.

If you don’t have hosting, I would recommend you give HostUpon a try. Their price is $3.95 a month if you signup with their three year plan. Their hosting offers everything you need to host an unlimited number of websites under the same plan. Plus they offer great customer support & support Softaculous. Softaculous is what I use to install wordpress.

Wordpress Hosting

HostUpon WordPress Web Hosting

After I login to my hosting control panel, I have access to setup a new website. Since the DNS is changed at the registrar (Dynadot), you will be able to setup wordpress easily. HostUpon uses CPanel, so your control panel should look something like this:

The CPanel Main Page

CPanel For WordPress Website

Go ahead & click on the “Addon Domains” Icon

Wordpress Addon Domain

Add A Domain To Your Hosting

Next, specify the domain details:

CPanel Addon Domain Details

Specify Addon Domain Details

All you need to specify are the domain name & the password. You can specify any password you’d like as long as it meets the strength criteria. Next, click “Add Domain”.

CPanel WordPress Site Created

WordPress Domain Created

As long as your DNS Settings are set correctly at your registrar, you should see a success message like the one above. This means your domain is now setup with your hosting and ready to run WordPress.

Next, navigate to the bottom of the CPanel main page & under the Softaculous Apps Installer section, select the WordPress icon.

WordPress Installer Using Softaculous

Softaculous WordPress

Once you click the WordPress icon, you will see this screen:

Softaculous

Softaculous

Click the “Install” button to begin the WordPress Install. The next page will ask you for the domain and database settings you will be using for your WordPress installation.

Settings For My WordPress Install

Settings To Install WordPress

After the installation completes, you should see a success page similar to this:

WordPress Install Success

WordPress Was Successful

If we visit the domain malwareshield.com, you will notice a basic install of wordpress is in place.

WordPress Install For MalwareShield

MalwareShield Homepage

The next thing to do is login to your wordpress admin panel & start customizing your wordpress install. The url is by default: http://domain/wp-admin/ Here you can customize the website’s look by changing the theme, add content and create the website’s structure by creating pages & categories.

How To Manage Your WordPress Website

Admin Panel For WordPress

That about wraps it up for this tutorial. Later on I will go into more detail about customizing your wordpress website by changing the theme. I will go into detail on how to change a wordpress theme’s look by adding a custom logo and changing the theme’s layout and colors by modifying the theme’s CSS files.

I plan on adding more information on how I like to structure my wordpress sites, the pages I usually create and plugins / widgets I find useful. Some of the plugins I use are for adding a contact form, making the pages SEO friendly and to monetize the website with adsense or affiliate links. Various widgets are also helpful for displaying keyword clouds, trackbacks and RSS information.

I hope you find this tutorial helpful and you’re able to develop your domains into full websites. There are many free wordpress themes that can make your website beautiful and useful to your visitors. WordPress websites usually rank well in search engine results pages, but it may take time.  I hope this tutorial is helpful and easy to follow.

Developing your domains makes them more valuable and useful to visitors. If you plan on selling your domains, you will be able to ask a higher price if the domain is developed, is monetizing and if you can provide traffic statistics. Using CPanel hosting, you can easily track your website visitors with AWStats which is built in. AWStats is useful in determining the keywords visitors are using to reach your website & how they were referred eg. google search, Yahoo, Bing, etc. AWStats also shows what pages were visited and how long visitors are staying on your site.

WordPress is a little tricky to get used to at first. However, after a while, you will find it easy to use and customize. WordPress is free and will hopefully help you get more money for your domains – weather you develop or sell them later. I invite your comments and if you have any questions or anything needs clarification, I will be happy to help out in anything I can.

DIY Expired Domain Drop Catching Beats The Auctions – Heavy Hitter Stand Alone Registrars

DIY (Do It Yourself) expired domain drop catching has always been my Forte. Today, I received news that  a user has beat a Pheenix.com backorder on the same domain he backordered on the Pheenix platform. He basically used an API with Dynadot and won the domain directly into his account avoiding the auction process and any additional fees he may have faced if the domain would have been won by one of the heavy hitters. He basically paid approx $9 for a genuine domain drop he owns outright instantly after the drop.

This is great news, as many of my followers have noticed, it is rather easy to beat out GoDaddy, BackorderZone , DomainMonster, many others & Andrew Reberry (HugeDomains) by simply chasing the domains you want on your own.  Everyday there are more & more DIY users entering the pool & as you can see, it becomes rather profitable to gain the domain you chase without having to pay extra fees for the same domain if you get it first.

The formula is really simple. If you snag the domain first, then it is yours.  You can avoid all the auction hassle & backorder fiasco by simply standing your ground.  You can get away with snagging a premium domain at registration cost which will usually equal less than $10 registration fee per domain. You get to own the domain for a year and decide what to do with it later on.

How do I know the DIY model worked? It’s quite simple, users will backorder their domains at various backorder sites & still attempt to DIY their chase list. Sometimes they will win the domain they are chasing into their DIY API accounts.

The misconception is that you will never win anything for trying. However this has been proven otherwise. The problem is that no one wants to contest the big boys. In reality, drop catching domains is changing. Domains that were once only caught by snapnames & pool are caught by anyone including DIY domainers. What happens in domaining stays in domaining.

So you may want to know how to get started with DIY drop catching. It’s quite simple. For one, you may have API access at your choice registrar and have free API access. If so, then simply grab a drop catcher at dropking.com. The software will allow you to register domains at your favorite registrar, The domains you catch will be registered to you. You can do whatever you want with each captured domain name.

What does DIY drop catching have to offer that other drop catch software can’t offer? Well for one – the software works with you. It doesn’t require a middle man. Any domain you catch is instantly registered to YOU. You own all catched domains and it’s up to you what you’d like to do with each domain.

Some users may have some FAQ’s about the drop catch software & below are some answers:
Q.) Is it easy to install your software?

A.) Yes, simply run a setup file and the software will install on your computer. The software runs on any windows system.

Q.) Why should I choose your software over others?

A.) We have been writing drop catch software the longest. We were the first to offer drop catch software and are known across the industry for providing drop catch software.

Q.) What is your money back guarantee?

A.) There is a 7 day money back guarantee. If you don’t like the software, we will give you a free refund – no questions asked.

Q.) Does your software multi-thread and use multiple API connections simutaneously?

A.) No & there is a good reason for this. You are encouraged to open multiple instances of the drop catch software at the same time. However to cram multithreading connections, logging and drop catch attempts into one program doesn’t make sense to us. Running each program seperately frees up more memory and milliseconds which increases your chances to win each domain.

Q.) Do you offer an API solution for GoDaddy / Wild West Domains?

A.) At this time, we are not offering a solution for GoDaddy’s reseller API. We feel the startup costs are high and the API isn’t fast enough to make it a candidate for our software.

Q.) How fast does the software work?

A.) We see anywhere from 2 tries a second to a try every few seconds. It depends on how many people are connected to each API at the same time. On average, you will get about one registration attempt per domain for every second for each account. You are encouraged to chase domains with multiple api accounts as well.

Q.) Why is DropKing different than products like DesktopCatcher & Snatcher?

A.) We have been in business the longest & are well known. This software doesn’t do any whois availability lookups – they are simply not needed. The drop order software is unique because it uses the order & times each domain will expire to concentrate all API’s on each domain one by one. All other programs are aimlessly sending API requests for .com & .net domains.

Q.) Do you upgrade your software?

A.) If a registrar changes / upgrades their API, we may need to upgrade the dropking software. If so, all our customers recieve free lifetime updates to the dropking software free of charge.

Q.) Do you have any specials or deals going on?

A.) Yes – the price of the software is $149 per title. We have a sale going on now. For only $199 – you can download all the software titles DropKing.com has to offer! – Limited time offer, sale ends 12/20/2013.

A New Twist On Drop Catching Technology – Focus On The Drop Order

I am glad to offer a new twist on drop catching pending delete – expired domain names. The concept is simple, why not focus on the drop order of each domain name?  This will allow you to focus on one domain name versus the traditional way of cycling through all the domains in your list one by one. I was the first service to offer drop catch software dating back to 2007 and before. I like to keep things cutting edge, and utilizing the drop order is a major game changer.Dynadot Drop Catcher Software

As most of my blog readers know, I run the websites dropking.com and dnmeter.com. I now offer all my customers a drop catch solution where you can sort the domains by drop order and focus on one domain name at a time.  Since the domains are sorted by drop order, the drop catch software can focus on one domain name at a time. When it drops, if you caught it or someone else did, the software will continue to your next drop to try and capture it.

The best news of all is that this upgrade is free to all customers who have purchased the drop catch software at dropking.com. So if you purchased a software title in the past, you can get this free upgrade.  I always offer free upgrades when a registrar’s API changes or if there’s a better way to chase expired domain names. While this solution is still very new and needs testing, it seems to be working well with my testing. It will also set apart other copy cats who try to mimic the software with a solution that is bullet proof and uses each drop catch API efficiently to capture domains for you.

The best part is that you won’t need an account at dnmeter.com to take advantage of this drop catch software. The sorting and concentration on each pending delete domain comes built into the software free of charge. More so, When you focus on one domain name, your changes multiply greatly to capture the domain you are chasing. I admit the software at dropking.com may be higher than other services, but the frustration level is next to nothing. If you aren’t happy, you get a full refund. If it doesn’t work, I won’t hold you to it and will make sure it works or let you keep the software and give you a full refund.

The drop order will only work for .com & .net drops. So there will be various a different version of the software for drop order and the regular software when there is no drop order & it focuses on your drop list one by one. The reason why the drop order is only available for .com & .net domains is simple – verisign drops over 80,000 .com & .net domain names each day. Other TLD’s like .org, .info, .me, .mobi and the like drop a smaller amount of domains & they drop rather quickly. So there is no need to have a drop order with other TLD’s when the drops are bunched up so close.

You may ask what makes this software better.. Well, so far noone has offered a drop catcher software title that utilizes the order each domain will drop in. The software uses a realtime whois checker to ensure the domain you are chasing is in “PendingDelete” status or has dropped with a “Not Found” or “OK” – Taken status. If it’s taken, either you got it or someone else did, OK< time to move on to the next domain and stop wasting time on the domain that has been passed up in the drop order. Time to concentrate all your drop catch forces on the next drop and see if you can land it. As you can see, the process will continue throughout the drop window and your chances will better using this new method.

For you who may be asking, the drop window lasts between 1pm CST – 2pm CST, sometimes up to 2:15pm CST. It’s hard telling because it will all depend on how many domains are dropping daily. If there’s over 100,000 domains dropping it will take longer. If there are only 60,000 or so .com & .net domains dropping that day, it will end sooner. What I’ve learned from experience is that Verisign will drop domains in batches. It’s not necessarily one by one, but a batch of 100 or 500 domains at a time. Well, when you drop catch a domain, it will generally be in a different batch or spaced out to give you time to target it better.

If you have purchased the dropking software and would like to get this free upgrade for .com & .net drops – please email me at: dan <at> expron.com. I will happy to send you the latest upgrade free of charge. If you’d like to use this new software and you are a new customer, I’d like to offer this software to you in hopes of catching drops at a better rate than what you are used to.

The benefit of drop catching on your own with the dropking software is simple. Instead of spending inflated prices for backorders, this is a simple solution to drop catch domains on your own into your favorite registrar (if they have an API) and save a lot of money. On average, the price per domain you catch using the dropking tools will only cost you around $9 per captured domain name. There are no auctions and you will own the domain name outright if you are successful in your win. The software is desktop based and will work on any windows system.

Thanks for taking the time to read this post & please contact me with any questions or feedback you may have.

How To Match a Short Domain With a Buyer Using the Longer Version

I would like to share my success rate in selling short domain names to end users that are using longer versions of the same type of domain. I check the daily drop list and drop catch expiring domain names. So far, this strategy has been the most successful & profitable for me.  As most of you are aware, there are a lot of domain names expiring daily. The figure varies daily, but you can expect an average of 50,000 +  .com domains expire each daily.

Expired Domain Names

Drop Catching Money

I like to scan each day’s expired domain list & go after domain names that I feel I can resell for profit. Usually these domains aren’t sought after & I can catch them easily using the drop catch software I developed at DropKing – for registration fee.

The secret behind this theory is that I am finding a good amount of short domain names expiring that I can catch at regfee that have buyers who can use the domain for their business. Most of the buyers are service providers or service oriented businesses. Usually I can gain a sale in the amount of $xxx – low $x,xxx per sale for each domain name on a scale of one buyer for every 25 or so domain names I register. Sometimes it’s a waiting game, but this idea does pan out well.

To share the insight here, imagine if you were a cleaning service. For the purpose of this example, we can imagine that the domain name: cleaningservices(.) com is expiring tomorrow and let’s assume you purchase it via the DropKing.com software for the low fee of under $10. This example would then target multiple buyers who are using GEO or service oriented domain names who may desire your shortened version. In this example – I could see potential buyers who may be using domain names such as: chicagocleaningservices(.)com, speedycleaningservices(.)com affordablecleaningservices(.)com officecleaningservices(.)com and the like. Not to mention all the less desirable extensions as well. I target only .com domains, but you can let your imagination run wild here and get an idea of what I am doing to flip these short domains to users who need them.

Sometimes the sales I complete become a simple re-direct to the service provider’s main page. Direct navigation is a strong force and if the business is tech savvy, you may find a sale is easy to complete recommending  a redirect to the buyer’s established business. This usually juices the buyer’s main website with SEO juice on the re-direct or a new portal to introduce the company’s services in a shortened, straight to the point or easier to use website.

To date, I don’t know of any tool that provides lists of shortened domains where a longer version of the domain is an established business. However, rest assured I am working on a solution. This in my opinion is a better way to drop catch pending delete domains without the hassle of competing with the fellow drop catchers targeting domains with common stats. It takes much more legwork, but the end results will put more fundage in your pockets. To the tune of flipping a handregged domain into the sum of over $500+. Once you rinse and re-use this idea, the sky is the limit. Usually these domains will carry absolutely no stats and it will take discipline and a trained eye to filter your drop catch list. The end result I can assure you will be worth your time.

Alongside the scanning, you will need to have basic sales etiquette to become someone a legitimate company would feel comfortable in purchasing a domain name from. It will also take a bit of customer service and hand holding to ensure the sale completes and the domain name is pushed appropriately.  Not everyone has these talents, and I am glad I am blessed to have the general knowledge and expand on it to become profitable.

Sometimes these short domains pop out at me, For example, I often eyeball chunks of domains I find at one of my websites: DNMeter to ensure my customers have the same potential I do. Then a domain or a handful may pop-out at me. I plunge and invest in what my gut instinct tells me I can flip. On average, I sell each regfee domain for about $800. That’s a sound number I am comfortable with which allows me to register about 90 domains (at registration fee) and secure the lot’s cost with one sale. Often times, I get through about 5 or 10 domains and secure a sale in this price range. I like to save up the profits or gamble further with more ventures and skeptical domain registrations which end up maturing to sales. At worst, I wholesale my drop catches to other domainers at my cost once the renewals start creeping up.

Happy Domaining!! I hope this article inspires some of my readers.

Hexonet API Is Available For Drop Catching Expired Domain Names

Hello,

I have recently developed software for drop catching domain names using hexonet.com’s API. The api seems to work well and it works fast. It’s quite simple how this works, you take a list of domain names you’d like to acquire, enter them into the software and click start. The second the domain name becomes available, hexonet’s api system will attempt to capture the domain name into your account.

Hexonet API

Hexonet Drop Catcher

The software is available via dropking.com’s array of drop catching software. While the software is still in beta testing, it is working well for certain users. The benefit of the software is that you can specify the pause and list of domain names to capture. Imagine catching domain names under your control at simply regfee.

hexonet.com drop catching

hexonet dropking app

Here is a list of error codes you may get from the software. However, since the dropking software solely focuses on registering the domains you want (no whois check) you’ll find this expansive error list will only apply to a registration attempt success or failure in realtime:

error code list

  • 200 – Command completed successfully
  • 210 – Domain name available
  • 211 – Domain name not available
  • 212 – Name server available
  • 213 – Name server not available
  • 214 – Contact available
  • 215 – Contact not available
  • 216 – Object available
  • 217 – Object not available
  • 218 – Request is available
  • 219 – Request is not available
  • 220 – Command completed successfully. Server closing connection
  • 420 – Command failed due to server error. Server closing connection
  • 421 – Command failed due to server error. Client should try again
  • 423 – Command failed due to server error. Client should try again (Could not get session)
  • 425 – Service temporarily locked; usage exceeded
  • 500 – Invalid command name
  • 501 – Invalid command option
  • 502 – Invalid entity value
  • 503 – Invalid attribute name
  • 504 – Missing required attribute
  • 505 – Invalid attribute value syntax
  • 506 – Invalid option value
  • 507 – Invalid command format
  • 508 – Missing required entity
  • 509 – Missing command option
  • 510 – Command not supported for this class
  • 520 – Server closing connection. Client should try opening new connection
  • 521 – Too many sessions open. Server closing connection
  • 530 – Authentication failed
  • 531 – Authorization failed
  • 532 – Domain names linked with name server
  • 533 – Domain name has active name servers
  • 534 – Object has not been flagged for transfer
  • 535 – Restricted IP address
  • 536 – Object already flagged for transfer
  • 540 – Attribute value is not unique
  • 541 – Invalid attribute value
  • 542 – Invalid old value for an attribute
  • 543 – Final or implicit attribute cannot be updated
  • 544 – Entity on hold
  • 545 – Object not found
  • 546 – Credit limit exceeded
  • 547 – Invalid command sequence
  • 548 – Object is not up for renewal
  • 549 – Command failed
  • 550 – Parent object not registered
  • 551 – Parent object status does not allow for operation
  • 552 – Object status does not allow for operation
  • 553 – Operation not allowed. Object pending transfer
  • 554 – Object already registered
  • 555 – Object already renewed
  • 556 – Maximum registration period exceeded

Hexonet’s pricing is right under $11 USD per domain name & they offer cctld drop catching. This software works similar to the other dropking.com drop catching software titles and it’s easy to use. The domains you capture are instantly secured to your account and their API will instantly attempt to register each domain name at a fast rate right into your account.

After a domain name is captured, you have full rights to do as you wish with each domain. You can develop, resell, park, lease or trade the domain name as you see fit. It’s up to you and drop catching has never been so easy!

Good luck catching the domains you’re seeking. This is another registrar feature that dropking.com has to offer at the low price of only $149 to add to your drop catching toolbox.

Interesting Domain Drops Happening Lately

This post is to highlight some domain drops that are occurring and are happening under the radar. Who would have thought that CCC.com’s drop or CVCV.com’s drop and no one has historical data as to what dropped when and who caught what. In my opinion, these domains hold value and I wish there was more alertness as to these drops happening.

From experience, I can say that any CCC.com that drops is worth around $150 USD wholesale price. To an end user, it can be worth more. What are your chances of finding an end user for a CCC.com? Probably really slim, but the starting point is solid. Same goes for CVCV or VCVC.com drops. I began to research & build an engine that will be available soon to look up historical drop data.

So far my report goes like this; if I had captured say these 50 CCC.com  domains over the course of the past several months I could have technically doubled or trippled my investments times 50 fold if I had captured all these CCC.com’s:

# Domain Name Availability? Expiration Date
1 h05.com
Taken
4.23.2013
2 0fn.com
Taken
4.23.2013
3 63q.com
Taken
4.19.2013
4 f9k.com
Taken
4.17.2013
5 g6j.com
Taken
4.17.2013
6 7yj.com
Taken
4.15.2013
7 rs7.com
Taken
4.14.2013
8 9nm.com
Taken
4.13.2013
9 lq3.com
Taken
4.10.2013
10 5vm.com
Taken
4.10.2013
11 wgj.com
Taken
4.6.2013
12 g7a.com
Taken
4.6.2013
13 s7a.com
Taken
4.4.2013
14 i9u.com
Taken
3.30.2013
15 gq9.com
Taken
3.27.2013
16 m83.com
Taken
3.25.2013
17 9b8.com
Taken
3.25.2013
18 z3o.com
Taken
3.23.2013
19 g5v.com
Taken
3.19.2013
20 62l.com
Taken
3.15.2013
21 7ly.com
Taken
3.10.2013
22 9an.com
Taken
3.9.2013
23 06n.com
Taken
3.9.2013
24 3a0.com
Taken
3.7.2013
25 9sl.com
Taken
3.5.2013
26 9q5.com
Taken
3.3.2013
27 2zl.com
Taken
3.3.2013
28 4s2.com
Taken
3.2.2013
29 5sl.com
Taken
2.17.2013
30 b1v.com
Taken
2.17.2013
31 f1l.com
Taken
2.17.2013
32 z1i.com
Taken
2.17.2013
33 3i9.com
Taken
2.10.2013
34 98l.com
Taken
1.31.2013
35 4dl.com
Taken
1.30.2013
36 0hb.com
Taken
1.28.2013
37 1mm.com
Taken
1.21.2013
38 bs6.com
Taken
1.16.2013
39 83j.com
Taken
1.11.2013
40 8cs.com
Taken
1.10.2013
41 2t3.com
Taken
1.4.2013
42 8tw.com
Taken
1.1.2013
43 c6n.com
Taken
12.31.2012
44 9xy.com
Taken
12.2.2012
45 w6g.com
Taken
11.26.2012
46 qu6.com
Taken
11.26.2012
47 m3y.com
Taken
11.25.2012
48 9hs.com
Taken
11.21.2012
49 l73.com
Taken
11.15.2012
50 6qm.com
Taken
11.11.2012

I ran a quick search on CVCV.com’s and pulled up this report of now – approx a year ago:

# Domain Name Availability? Expiration Date
1 puwe.com
Taken
3.25.2013
2 xabi.com
Taken
2.13.2013
3 jale.com
Taken
2.8.2013
4 tuja.com
Taken
2.1.2013
5 heja.com
Taken
1.10.2013
6 yafe.com
Taken
1.5.2013
7 zavu.com
Taken
8.22.2012
8 yuna.com
Taken
7.13.2012
9 tabe.com
Taken
7.11.2012
10 zafi.com
Taken
6.10.2012
11 suga.com
Taken
5.31.2012
12 qunu.com
Taken
5.25.2012
13 xotu.com
Taken
4.23.2012
14 xiqo.com
Taken
4.21.2012
15 hoha.com
Taken
4.21.2012

Here is a report for CCCC.com Domains:

 

# Domain Name Availability? Expiration Date
1 4410.com
Taken
4.24.2013
2 4280.com
Taken
4.14.2013
3 8667.com
Taken
3.22.2013
4 4064.com
Taken
3.2.2013
5 6490.com
Taken
2.13.2013
6 8414.com
Taken
1.16.2013
7 8708.com
Taken
9.16.2012
8 7704.com
Taken
6.29.2012
9 3604.com
Taken
6.18.2012
10 6230.com
Taken
4.8.2012
11 7579.com
Taken
3.30.2012

In general I think these domains deserve to be saved & avoid PendingDelete status -> dropped.

I am working on an engine to alert awareness of these domains & what your best tactics may be to save them or catch them on the drop. Furthermore, all these domains have high resell power in my eyes and may not warrant the high backorder fees you occasionally see.

I hope to release a service soon to make it possible to search and generate similar reports based on keywords, search criteria and patterns.

 

 

Expired Domain Catching/Warehousing – My Practices And Advice

I am a domain name investor and keep a warehouse of domain names available for purchase. In this article, I’d like to go over my experiences and methods I use to keep my inventory manageable and consistent to attract buyers. Most of this experience will date back to a few years, in the past I managed my own portfolio which held 800 – 1,000+ domain names. Nowadays I only warehouse a couple hundred domains, but plan to expand that number soon.

Warehousing domains wasn’t a challenge at first. I think the real challenge came a little over a year after I started warehousing domains. The domains I warehoused were dropped domains that had expired & I picked up via drop catching software, hand regging during the drop or backorders. Everything was smooth sailing until I started getting hit with renewal fees. The renewal fees were adding up fast & on top of that, I was still catching 10 – 20 domain names each day. Obviously this system needed work because the sales I was making clearly wasn’t going to cover the costs of my expenses.

So I paused my acquiring  activity & developed a system which has really worked out well for me. While I was trigger happy to capture domain names into my portfolio – I wasn’t having much luck selling any. So I took a little time off from acquiring new domains & focused on the warehouse of names I owned. This led me to develop a system where I could:

  • Keep track of my domain name assets easily.
  • Search my inventory to match a buyer’s keyword or niche
  • Consolidate my domain names into one registrar after the 60 day Registrar lock
  • Have alerts for domain names coming up for renewals
  • Have a system to sell my domains & find a buyer
  • Stage the domains into four stages for finding each a new home
  • Maintain a spreadsheet of domains, registrar, price paid & pricing to buyer

Basically you’re dealing with a spreadsheet at this point. While the spreadsheet was working ok for me, I had to juggle domain renewals and pushes on a nearly daily / weekly basis. I was finding that I was losing a lot of time on adjusting the warehouse inventory, price the inventory & then work on selling the domains. This is where I started to find solutions. These were the solutions I developed and used to rotate my inventory and become successful at the end. So far, my findings have strengthened my discipline and make it more profitable.

These are the things I did to fix the common mistakes I was repeating and focus more on the upsell division. The more info I could stock about offers coming in, the better I can focus more on liquidating my warehouse.

  • I stopped chasing less desirable domain names. I changed my drop catching discipline to a short list of what I can really get. Do I want to pay the backorder fee of $59+- or do I want to drop catch the domain. Maybe a godaddy backorder. This cut down my list from 10-20 domains a day to about 1-3. The focus was more on the quality although regfee domains via hand chasing or api software seemed to gather more fetches since the $9+- per domain price (.com / .net) seemed like a better idea.
  • I started to consolidate more domains into a few or single registrars I trust. So the spreadsheet was looking something like this:
Domain Price Cost Registrar Expiration Purchased Offers Offer Offer Source
domain1.com $449 $9.15 ENOM 03.13.2018 03.06.2013 Y $900 Domaiin.com
domain2.com $279 $9.75 MONIKER 09.17.2015 03.06.2013 N null null

I like focus more on the Cost, Offers & Expiration columns because as mentioned above, There is a bigger table that gets digested in the system. It begins to look like this (shortened version):

Domain Price Cost Registrar Expiration Purchased Offers Offer Offer Source Last Contact
domain1.com $449 $9.15 ENOM 03.13.2018 02.12.2013 Y $900 Domaiin.com 03.07.2013
domain2.com $279 $9.75 MONIKER 09.17.2014 02.12.2013 N null null null

So the Quarterly break up would then become to look something like this: Offers = Y/N condition for Expiration vs Purchased & offer price if any equals a vested yearly renewal or not. likely if you haven’t gotten an offer within a calendar year, the domain is probably worthless. However, there is an upturn to domains that require patience as well. So take this advice like a grain of salt in the selling division. Let’s get back to it.

The best advice is to keep things as simple as possible. I feel like i’m in a loop for domain warehousing, doing the right thing today,wrong thing tomorrow – as trends change.

  • Focus on any leads the domain name has received. Even if it’s a small lead, get the sale completed. Don’t waste time speculating, the more you do – the more the renewal costs start hiking up
  • Try to consolidate your domains into a single registrar after 60 days of acquiring (if it’s another registrar)
  • Maintain records, or a spreadsheet to look up upsells. If you own one nice domain & it sold, it can become very easy to sell up another domain to the same buyer, possibly better or more than you’d think it ever sell for wholesale.
  • Stick up for yourself – if you believe in your domain name, rock it out. Harness the sale price to what you think is just. Try to lean into the offer amount instead of just accepting the deal. Worst case scenario, you already have a solid offer you may be ok with to fall back on.
  • Make sure all domains that I catch end up with the proper DNS or a parked / hosted (or redirect)  page with clear instructions to purchase the domain right now – such as SEDO’s buy it now option.
  • I try to reach out to prospect buyers within three month intervals. It can be a cycle for each domain such as Stages 1 – 4. Each stage is broken up into three months. I try to pitch the domains for sale at first making awareness about the domain and ending with a discount price in the last email if I don’t plan on renewing the domain. I try not to contact the same person, but may choose to contact someone again after 6-9 months.

In a nutshell, the more diverse my system becomes, the more activity it receives. When I first started, it wasn’t as intricate as it has become.  Just sharing some of my experiences and alerts I use for my warehousing practice & how it’s working out for me ok.

Listen To Your Gut Instinct When Chasing Expired Domain Names

Often times people will chase expiring (Pending Delete) domain names on a whim. I think the lists at namejet & the like have conditioned fellow drop catchers to think that some domains may be valuable or attract a certain level of attention. I’m not one to favor drop catching a domain just because it attracts attention. Instead I try to seek out expiring domains that make sense to me and I feel have high re-sell value to an end user.

When it boils down to it, you should ask yourself if the domain name is really worth the effort. What will the domain name look like in a few years if you need to keep renewing the domain year after year? What will your spending look like if you keep doing this on a daily basis and gather hundreds of domains over the course of a month, few months or year? What if you’re unable to flip the domains you’ve gathered up and are starting to look at losses due to your inability to flip said catches?

I recommend you follow your gut instinct. When in doubt, drop it out. The drop catching and domain flipping business is full of surprises. What you may feel is valuable to someone may be worthless to the general public & end users. What matters most is your turn around rate. Like swimming, you need to plan to stay above the water & profit. It’s not about quantity, but instead quality. What makes sense to you may not make sense to someone else – even if they’re your target to buy the domain name.

I often times stop chasing certain domain names that I feel are a bad investment. Usually I scroll through the lists at pool & namejet simply to ask myself… Why would anyone in their right mind chase this domain name? Of course I may be wrong, but it has been a healthy balance to keep afloat and remain profitable. You won’t win every drop catch or domain you seek, but you need to understand that it’s ok. It’s a competitive market out there to chase the good drops & if you catch a small amount of domains from your chase list you’re doing just fine.

The gut instinct factor has helped me a lot. Along side with not caring much. If I catch X domain great, if not, I’ll get over it. There was a certain level of competition I had to deal with before I accepted it. Usually I knew what my gut told me, but I still chased the wrong domains. Sometimes I caught domains I never imagined would sell, but they did as well for more than I thought they were worth. It’s going to eventually break down to a math equation that is volatile depending on your gut instinct.

Your decisions will literally make your bank or break your bank. It’s not about competing with the domains that others want, but instead competing for the domains you can catch & flip for profit. Sometimes I catch medium grade domain names & I am not certain they will sell. However, thanks to my gut instinct – I receive a good offer for such domains and the sale completes. I guess this is my break down of how I manage my gut instinct and what other domainers perceive as making a domain worth my while:

1.) Can I flip the domain reasonably soon (usually in less than 9 months)?
2.) What is the price of the domain? Is it worth catching at regfee via an API or backorder price of $59+
3.) Is the PendingDelete domain name worth going into auction / competing over – if it gained attention?
4.) How much can I flip this domain for? Realistically who will be the end user. Look before you jump.
5.) Am I prepared to renew the domain name for up to 10 years? Is it that good?
6.) Could the domain have received attention from hype? Where do I really see it going?
7.) Do my research. Look up businesses and trademarks that may benefit from the drop catch.
8.) Do research on the expiring domain. Look up it’s history & shorten my chase list.
9.) Does the domain sound good or make sense to me. Block out your niche targets. Ask yourself again.
10.) Where do I see this domain going? Will it be dropped again in a year? Will it be worth keeping?

Overall trust your gut feeling. When I first started in the business, I used to chase anything dropping. This included domains with hyphens, numbers and less desired TLD’s eg .net, .us, .mobi, .co .me etc… My gut feeling has conditioned me to only chase .com domains because plain and simple – I don’t have the time or patience to chase less desirable TLD’s and wait around for someone to approach me.

Lastly, make a solid game plan. If you own a domain, it made sense to you for a reason. Believe in yourself when you market the domain for sale. Don’t look back. What is done is done & just better yourself while listening to your gut instinct. If you made mistakes, learn to stop making the same mistakes & correct it. Get into the buyer’s mindset. Why would someone value X domain? Why would they want or need it? How much would you pay if you were in the buyer’s shoes? What is the good & the bad about the domain name? Is it blacklisted? Is it worth hanging on to? More than likely if you don’t plan on hanging on to a domain for more than a year – it’s not going to be a good investment.

I hope this article help enlighten domainers into my perspective and rules I set upon myself when drop catching expired domain names. There’s no set rules on how to make money domaining, but these principles have really helped me become profitable in what I do everyday. It’s not about how many domains you have – but instead how many sales you complete that make the drop catch business so lucrative.