It has been a while since I have written a post about domain investing, otherwise known as domaining. Domaining is an interesting business and one which I have covered quite thoroughly in the past. A few months ago, my business partners and I sat down with a group of domain investing moguls, a company called DotVentures, who own a 50 million dollar collection of domains. They expect their domain collection to be worth over $1 billion within the next few years. DotVentures is also in the process of developing a proprietary way of turning undeveloped domains into profitable and traffic-driving minisites.
Several years ago, a Vancouver man by the name of Yun Ye, sold his large collection of domains to a Seattled-based investment company called Marchex for $164 million. Regularly, domains are being sold for tens of thousands of dollars.
Remember, everyone who originally registered these domains paid the regular registration fee of $7-10. Think about the return on investment if you register a domain for $7 and sell it for $7,000. Not only that, but how much effort did it take you to see that kind return? That is why the field of domaining is becoming more popular every day.
To anyone who is curious about this field of Internet specialization, there are many ways to learn how to get started in domaining. My favorite news source for domaining-related information is the Daily Domainer. They offer an excellent free newsletter that provides you with all of the latest news, rumors, and most recent mind-blowing domain sales.
Another great guide to learn how to get started in domain investing is called The Art of Domaining. The Art of Domaining is an ebook by a good friend of mine, Jason Drohn Jason has been involved in domaining for several years and has made a tidy five-figure in the process.
The Art of Domaining is a complete guide dedicated to professional domaining. Whether you are a beginner looking to learn about the industry or a domaining professional, this a great resource to learn how to grab a piece of the domaining pie.
Please note: this is NOT a paid post and I receive no commission if you choose to buy The Art of Domaining.