How to BUY & SELL Domain Names! | The Journey

How to Buy and Sell Domain Names for a Profit. Check out more The Journey content at bit.ly/GDTheJo....
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⏰TIMESTAMPS⏰
00:41 - Tip #1: Narrow your focus
02:24 - Tip #2: Find domains that offer value
04:12 - Tip #3: Is the domain available?
04:53 - Tip #4: Evaluate the price
06:11 - Tip #5: Get your domain name seen!
Buying and selling domain names is an exciting adventure that for some seems to conjure up images of finding hidden pirate treasure or guessing the winning combination on the next Powerball. Stories abound of domains that were purchased for $8 dollars 15 years ago being sold today for millions. Of course, that leads the more adventurous of us to wonder, “How can I do that?”
These five tried-and-true tips for buying and selling domain names for a profit can navigate you to becoming an expert.
1. Narrow your focus
Think about some of the spaces you are most familiar with and start your domain name search based on the related keywords. It is much easier to sell a domain you know would be valuable to someone in a particular industry. Understand your audience and the sales will eventually follow. You can keep a domain for 10 years before having to renew it and still sell at a considerable profit. While you are waiting for it to sell you can monetize the domain and throw in some SEO, which in turn can justify the cost to the buyer.
2. Find names that offer real value
Picture someone who would benefit from buying the domain in a space you are very familiar with. If this was you and someone was trying to sell you this name, would it be beneficial for you to own? Be honest.
3. Check domain availability
Now that you have narrowed down what names you should probably be buying, how do you find them? First, check to see if the names are available to purchase as new registrations. If the names are taken (as many probably will be), head over to the aftermarket to buy from people who already own the names or who let them expire because they no longer plan on using them.
4. Evaluate the price
Once you have a name in mind, how do you know if the price is fair? For a buyer, if you see a domain that you HAVE TO HAVE, snap it up as fast as you can. That might mean making an offer rather than waiting for the auction to end (if that is an option from the seller). You may be able to avoid a bidding war and still get it for a price within your budget. For a seller, stay firm on a price but also open your auction up for offers above a certain price. Also look for businesses with a similar domain or businesses that would like to acquire your domain because it reflects their branding. www.godaddy.co...
5. Get your domains front and center
It’s important to feel confident that you will get paid and that the buyer will get the domain name they paid for. Pick a place that has good ratings with recognized bodies such as the Better Business Bureau or licensing from a trusted government source. This will make it easier for the buyer to pull the trigger on the domain purchase as well knowing they can trust the brand that is selling the domain.
All of these things will help you to be a smarter investor and make the most of your time and money. Patience and persistence are key when buying and selling domain names. Buying and selling domain names is a skill in which you can become proficient. With these five tried-and-true tips, you will soon be on your way to making profits in the domain name world.
The Journey is what everyday entrepreneurs, like you, need to follow in the pursuit of online success. Our experienced GoDaddy Guides are here to take you through all the steps, both big and small, that you encounter every day.
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[@GoDaddy]

Need more help with products and services? Check out the new GoDaddy Help KZbin channel! kzbin.info

[@All_in_one-45p]

In your website loader is missing while remove the items from cards it causes confusion the user don't know what happening

[@adventuredad1]

The #1 step is... go back to the 90's and buy every one-word domain name.

[@GoDaddy]

What's the first one-word domain you'd buy?

[@TzMKnight]

@@GoDaddy voice.com Sold for 30m

[@danxwhite]

@@GoDaddy pizza. com I’d be a millionaire 😂

[@playcapturereplay9371]

icloud.com

[@ZAIRGAS_HAVEN]

@@GoDaddy p o r n h u b. com 🤣

[@queenmorgan6230]

You can't fight poverty by just printing more fiat into the circulation. If you mean well for the people, embrace a transparent financial system.

[@rosebelly6875]

Great content. Everyone needs more than their basic salary to be financially secured.

[@kairarose3240]

Money left in savings always end up used with no returns.

[@miaryan1299]

The best to do with your money is to invest

[@signfuture4952]

True though, unfortunately mine always end up with losses🥺🥺

[@zarasimpson4949]

I started investing in bitcoin mid November 2020 with the help of a well known professional, Mis Debra and the profits almost entirely funded my recent duplex.

[@VideoHelix]

Much like the stock market, people lose money by not starting slow and understanding the way it works. The more you learn and get experience, the better the investments and payoff. There's nothing wrong with investing in digital properties, but it can be risky if you are trying to make a fast buck

[@justinnealey]

Well said! The domain aftermarket isn’t a get rich quick kind of thing. “The more you learn and get experience, the better the investments and payoff.” Thanks for the added value!

[@5cents312]

2ait 0⁰

[@Moodboard39]

extacly

[@ahmedelmasri9332]

how long does it take for someone to buy my domain name?

[@VideoHelix]

@@ahmedelmasri9332 It depends on the demand. Could take days or years. You have to find a buyer

[@danthedrivingman6415]

Godaddy customer service told me not to waste my time trying to sell my domains i purchased. He told me it took 2 long and most were worthless.

[@justinnealey]

Selling domains is definitely tough and it's a long game to sell. But doing research and focusing on a niche helps your chances :)

[@jonhylow1239]

Hey, I``d like to know, when we sell domain names, where are they listed and can we shoehow or somewhere take a look at those sites , on some external list somewhere on the net ?

[@collegebaseball]

"Winning the powerball"... yeah let's talk about how much money you will lose while trying to sell domains 'for profit'.

[@mdmonowar7339]

Thanks for the Video! Forgive me for chiming in, I am interested in your opinion. Have you heard about - Nanmily Domain Demythification (do a google search)? It is a great one off product for finding success and profit using this online traffic source minus the hard work. Ive heard some super things about it and my m8 at last got excellent results with it.

[@catalinhitman4556]

Cheers for the Video! Excuse me for butting in, I would love your initial thoughts. Have you tried - Nanmily Domain Demythification (search on google)? It is a great one off guide for finding success and profit using this online traffic source minus the normal expense. Ive heard some amazing things about it and my buddy at very last got amazing success with it.

[@domainsshop]

Awesome!

[@Buildcultureyoutube]

does the value appraiser tool work for anybody?

[@piquay]

GoDaddy, this video title says buy and sell - where's the "sell" part of the journey please?

[@MyLittleSliceofParadise]

Would it be better to sell a really good domain name on afternic at a set price or auction where there's a chance for a higher bid? I have a 3 letter domain that I've been sitting on.

[@GoDaddy]

Hi, You can list it on auctions as an offer/ counter offer. With Offer/Counter Offer listings, you can let buyers submit their own offers for your domain names. When a buyer submits an offer, you can either accept it, submit a counter offer, or push the listing to a 7-Day Public Auction using the buyer's initial offer as an opening bid. You can learn more about it here: www.godaddy.com/help/selling-domains-with-offercounter-offer-or-buy-now-listings-891. If you have any questions feel free to connect with our live support: www.godaddy.com/help/contact-us. ^L

[@MyLittleSliceofParadise]

Thank you for your help! @@GoDaddy

[@GoDaddy]

No problem! ^L

[@EvolvedApe]

Between my business account, and my personal account, I own around 400 domains. I'm not interested in selling them if I can make $10 a year to cover the costs.

[@spiritoinfiore4830]

Hello Prometheus, What do you gain from having domains if you are not selling them? So, what do you earn by having so many domains?

[@SULTAN_AMG_PAKI]

How can i create my own domain name and sell it?! thanks!

[@GoDaddy]

After you register/purchase your domain name, you can place it on the GoDaddy Auction platform to sell to an interested buyer shopping there. Or list it as a Premium domain, so your set price will show when someone looks for your specific URL. ^T

[@duncan1106]

Has any of you two made any money from selling domain names?

[@Michael_H_Nielsen]

This is incredibly annoying for startups.

[@aadityapradhan8570]

Yes, every great bame i choose for mine startup ends up being sold in an auction or with brokerage.

[@CalumO94]

@@aadityapradhan8570 lol

[@ZorbaPress]

Thank you very much, this is an excellent overview about a complicated business.

[@justinnealey]

Zorba Press thanks so much for watching!

[@GoDaddy]

Glad to hear you found the video helpful! Do you have plans to sell any domains?

[@ZorbaPress]

Yes, GoDaddy, I have a number of domain names I want to sell. I listed them on SEDO but did not get any interest in them.

[@TheBigBangChannel]

Any videos about the godaddy resellers account set up? I have no idea how to set the storefront and the rest of it

[@studentfitness5954]

Go to manage domain and hit sell?

[@Essays4College]

GoDaddy cut the sh*t ....you know you're just trying to sell people a lot of your domains.

[@TheDragonHouse]

Mines is apparently worth $90,000 right now. Can possibly get $1-2m off the name alone.

[@anandmaurya8479]

lol, what's the story behind it?

[@Nicknamedtino]

I’ll buy rn 1mnm

[@shyy87]

So did you cash out

[@TheDragonHouse]

@@shyy87 yes actually. Bought a house, paid off my car, did everything.

[@Buildcultureyoutube]

dang! what was the domain? @@TheDragonHouse

[@nbecnbec]

"yes it's actually a good idea to pay us money"

[@deborahostmo]

great chemestry between the two of you (the presenters)

[@SqribbleTeam]

I'm buying domain name for my business, anyone can suggest?

[@startupUniversse]

yes

[@karlwalton-of4lj]

6 months ago I bought a domain name from GoDaddy for approximately $14 I wanted to list it for sale They said I would have to renew it Early 6 months early When I still had 6 months left before renewal time they said because to resale a domain name you have to have under 6 months renewal time for me to renew it right now they want $24.95 per domain early renewal Before I offer it up for sale is this true?

[@GoDaddy]

Thanks for reaching out. You can try to list your domain name for sale, and if you receive an error that there is not enough registration time remaining on the domain then you will need to renew it. ^G

[@gtxhunter1720]

yeah but how do these companies acquire the domain names in the first place?

[@GoDaddy]

Hi there! Check #3 above to start your domain inventory. "First, check to see if the names are available to purchase as new registrations. If the names are taken (as many probably will be), head over to the aftermarket to buy from people who already own the names or who let them expire because they no longer plan on using them." And make sure you have an Auctions membership at GoDaddy to get started. ^T

[@gtxhunter1720]

@@GoDaddy by companies I mean you name cheap and the others. Where did yall get these names.

[@nathanb7018]

Dynadot to go daddy tutorial? Also do you have to wait 60 days to sell the domain? I'm trying to sell a .us domain on go daddy. Thanks.

[@Moodboard39]

it mentions no 60 days

[@ליאםרוזיליו-ל7ר]

if i buy a domain and there is ads how i get the money from the ads??? #GoDaddy @GoDaddy

[@GoDaddy]

Hello. We recommend you please reach out to our live support at x.co/247support. VB:)

[@bakerstasteemporium5296]

Very informative content

[@GoDaddy]

So happy to hear this!

[@parallelpost]

Promo for GD services... #1 to know is, are you just a squatter or are you legit because the overall end sale/offer... Domains are a global racket sanctioned by ICANN. Period. Do not waste money buying a lot of crappy TLDs. Period.

[@kareng2639]

Thankyou. Because of your comment I’m trying to investigate more. Thankyou!

[@PowerWith-In]

Great

[@codelucky]

How is it better than Flippa?

[@austinekennyakunne8346]

CALL FOR ACTION..

[@williambaldwin9346]

How do you transfer ownership when someone buys your site?

[@GoDaddy]

Thanks for reaching out. A common and simple way is to transfer the domain name to the buyers GoDaddy account. Steps on how to do this can be reviewed here: www.godaddy.com/help/move-my-domain-to-another-godaddy-account-822 ^Gary

[@williambaldwin9346]

@@GoDaddy Bookmarked, thank you. Brand new to this and have a ton of questions. Also do you need to have an actual page saying the site is for sale or can you just sell the domain directly?

[@GoDaddy]

Happy to help out. You don't need a page on the domain to sell the domain. There are many options, such as our Auctions, that don't require that. It can, however, be a useful tool to direct potential buyers that might visit the domain. If you haven't already, you may want to check out our article linked in our video description, that might answer some more questions for you. ^Gary

[@emseyllc9608]

The word is authoriTAtive. Thanks for the video, tho.

[@gaelrowan8913]

Buy and Sell Domain Names

[@masoncurry1]

"How to be a domain squatter for a profit"

[@bestaudiolibrary9374]

Hi there! We have NFT dot net dot gr domain names and we have it for selling so, do you know where to find special buyer for this 3 letter domains?

[@willeke1628]

On the blockchain its always trusted.

[@jackiecalle6757]

Highway robbery! This is how I lost my website name and will never buy it at this ridiculous price. How horrible that we have our domain names kidnapped for ransom because it accidentally expires due to an expired credit card. Shameful. :-( And Godaddy "fosters" this behavior. You ruined my small business and all that I had accomplished until then.

[@CalumO94]

Praying for you 😂

[@cybernewstechnology]

great info guys, thanks

[@GoDaddy]

Glad you found it helpful!

[@fredbellanizoho]

don't do it

[@berniesteer8999]

Get a real job instead of putting up barriers for startup companies.

[@justheretocomment6410]

Why does she say SH. InduShhhtry.

[@peterblack3449]

I feel.energy watching this :)

[@GoDaddy]

Thanks for tuning in, Peter!

[@MajorGrokey]

Might want to get that checked out

[@justinnealey]

Haha love it!

[@seleem_abouzid]

i have a question .. how much i should sell my domain name usedcorner.com

[@GoDaddy]

Hello. We recomment you please reach out to our live support at x.co/247support. VB:)

[@justinnealey]

Check out the domain evaluator tool to get a general idea - www.godaddy.com/domain-value-appraisal It isn't an end all be all price but a good starting point.

[@Jon.......]

What does it even mean?

[@YTRandomvid]

waste of time

[@thegrowmonster1953]

Those who grab domain names and sit on them in hopes it will one day bring them riches are the lowest forms of life. If you disagree,you are part of the problem. Stop wasting time buying names and start doing something creative in your life.

[@shawndoe6843]

Exactly annoying AF low lives

[@TheObaby18]

😂😂 that was hilarious. But I agree.

[@amedostoura6794]

sumomovies.com I won't sell it for less than 1M euros! (JK :D)

[@rehsnkhan7546]

Ban do in froud yuor chit domim comtech b2b fir complete police

[@davidbt3356]

yooo

[@GoDaddy]

Hi David, you can view & monitor our open positions here: godaddy.com/careers. Thank you & good luck! ^M