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.

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4 Comments »

 
  • Mike says:

    I doubt that one can find more than a couple names that are the shorter versions of an established business per day…

  • admin says:

    I am targeting eleven domain names tomorrow that are shorter versions of established businesses. I’m sure that if I search harder I would find more domains expiring tomorrow. Also keep in mind that a handful a day multiplied by multiple days will lead to a growing portfolio fast. Good luck in your endeavors.

  • Adam says:

    It’s not that they can’t find them it’s that they won’t be able to catch them. If you’re giving out tips like this, it won’t be long until you’ve invited all your competition. Seems like the real focus of the article is to pique interest in dropking , after all the miners need tools don’t they?

  • admin says:

    Thanks for the comment Adam. I do admit perhaps I was focused too much on the dropking tools instead of the drops and who may be able to catch them. I see it as luck, sometimes I catch a domain and wonder if anyone else chased it. Sometimes they mature into a sale while other times not. Luck has a lot to do with it in my opinion. I apologize if the focus wasn’t aimed towards the topic of finding a smaller domain that’s dropping where an end user or business could benefit from the shorter direct navigation domain.

 

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