Seriously, this guy has to be one of the kindest and down-to-earth people on the Intertubes. Today, he decided to offer the book he has written about making money online (the book is based on his best posts) free of charge on his blog. It’s incredible how willing to share (in an honest “here’s what I did right and here’s what I did wrong” manner) he is and in my opinion, he deserves our support.

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As some of you remember, I tried a little experiment back when Dot Berlin offered 100 free domains. I did a bit of research, found out what the most widely used letters in Germany are and hand registered 100 LLL Dot Berlin domains. Next, I pointed them to a very simple “domain for sale” page with a message in English and one in German (my German is a bit rusty but decent nonetheless) and waited until renewal time came along. On each “domain for sale” page, I displayed a very low Buy It Now price: 295 EUR.

Here we are, one year later and it’s time for some conclusions.

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… let’s try to figure out what the next best thing is.

For this, I need your help.

As some of you have noticed, finding a $0.99 – $2.95 GoDaddy coupon that works is about as easy as finding a unicorn these days. As the domain industry’s self-proclaimed cheap bastard, it’s my moral obligation to help those who are on the lookout for the cheapest possible domain registration options.

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I’m sorry to have to say this but if you expect investing in domains to be fair, you are in for a bitter disappointment. A lot of the situations you will come across as a domain investor will make it clear that a lot of aspects related to our industry are 100% unfair. Today, I will refer to some of them.
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Today, I will put the domain name selling process under the microscope and refer to the most important aspects which pertain to the anatomy of a sale. First of all, I would like to highlight the most important dimensions: the parties involved in the sale, the negotiation tactic, the deal closure process and the post-deal capital allocation process.
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Domainers who are worried about what happened in Greece (closed banks, capital controls and so on) and even more importantly China (stock market correction, possible bumpy landing) might be tempted to consider domains an oasis. An asset class that is somehow immune to financial calamities.

Unfortunately, while I love domains just as much as you guys, we have to understand that our industry will never be an oasis.

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Some of you might remember that Auctionpus used to be a reasonably popular domain auction site back in the day. In my opinion, the concept is great: an octopus which points to 8 auctions through its tentacles, it’s basically a “quality over quantity” approach which revolves around only eight auctions receiving exposure at any given point.

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Maybe I’m doing something wrong but I’m not exactly impressed with Flippa’s current performance. Have any of you guys sold anything over the let’s say past 2-3 months there? I’m especially interested in hearing input from people who have used Flippa a lot. To me, it seems there are waaaaaaaaay too many listings and not enough buyers.

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I was born in a relatively small town and its two biggest hypermarkets had remarkably different strategies. The main difference between the two was this: one of them had a great location (within walking distance of most neighborhoods), whereas the other one was just outside town, pretty much impossible to get there by foot.

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… or one of the other higher ups?

Their online chat support is usually very good but I had to contact them about an issue which needed to be escalated, as chat support staff members aren’t allowed to handle it. The person in question created a ticket and I haven’t head back from them since. Would appreciate it if you could share an email address or a Skype ID of someone who can help by commenting or by sending an email to admin@domainingtips.com.

I really dislike using DomainingTips for something like this but the issue is quite time sensitive, so I’m left with no other choice.