How to own a premium domain name?
Author: EM @ KING.NET
I would like to share my experience to all domain entrepreneurs on how to acquire a premium domain names without breaking your piggy bank. Yes it is not too late to own a premium domain name. Just in case you’re wondering what is a premium domain name read it here.
Here’s few of my premium domain names I bought from domain investors. I will use them as an example and how I successfully acquired them.
- YA.NET – I bought this domain for my Game Studio name, then SOLD for a good return of investment.
- QUE.COM Game Studio. I am an indie game developer (part-time) when I have nothing to do. And of course, I am a gamer love to play Call of Duty.
- MAJ.COM I bought it to support my business.
So let’s dive into and find out how you can acquire your own premium property.
How I acquired YA.NET?
August 14, 2011. I saw it listed for sale at DNF. I’ve sent a private message to the seller DavidAusman if he’s open for installment plan.
September 28, 2011. The seller accepted my proposal, we use Moniker Escrow service. This is more than a month discussing the terms and condition, and we finally seal the deal for 12 month installment plan.
The agreed price is $14,000 + Escrow fees + credit card transaction fees because I paid them using my credit card. So final estimate for my investment after all the fees around $15,000.
The beauty of this domain is liquidity. After exactly four years, I sold YA.NET for $35,000 last September 28, 2015 through a broker (IndusDomains). DNJournal.com Newsletter reported the sale of YA.NET on October 8, 2015.
Return of Investment (ROI)for YA.NET
- ($15,000). Investment for YA.NET
- $35,000 Price sold last September 28, 2015.
- ($7,000) Broker fees.
- $13,000 Return of Investment (ROI)
Not a bad ROI.
How I acquired QUE.COM domain property?
By this time, I already fully paid YA.NET. So I decided to find another domain property for my investment. I saw QUE.COM in Sedo after market with a price tag of five figures. It is too high for me to purchase outright but I like the name for my business. It is short, easy to remember, easy to pronounce and it’s a dot com. You can’t go wrong buying this domain property.
The challenge is to convince an established company (Plastic Logic) to sell their domain property to me through installment payment plan. Believe me, worth every effort.
December 18, 2013. I emailed the seller (a Senior Director SCM & Procurement in the company) with a low five figure offer and negotiated a installment payment plan for 12 months.
January 6, 2014. After going back and forth discussing our price and payment terms. I agree with more money to pay but using 18 months installment payment plan.
I used Moniker Escrow (became SnapNames) service as third party to hold the domain while I complete the payment.
Sources of income. Where do I get the money to pay this premium domain property?
I have a full time job, as IT Operations Manager but my income here is already allocated for the family. I can’t touch it, otherwise I have to face the wrath of my beloved wife. If you’re the Daddy like me, you know what I mean.
I don’t want to borrow money from anyone so I tried to squeeze this to my current Adsense revenue, Parking revenue, sales of domains and my credit cards. My Adsense revenue fluctuates between $250 – $500 in a good day per month. I need to work hard to find extra income. And my credit cards is always a good backup so I will not late on payment. After all the hard work I completed the payment sooner than 18 months.
And QUE.COM became my official Game Studio company name.
Related: What is a Premium Domain Name?
How I acquired MAJ.COM domain property?
My revenue is going steady so I decided to reinvest my money again to another three letter domain name e.g. MAJ.COM. I saw a fellow investor (Maz Ghani) who happen to be the same owner of Savoury.com that I acquired in the past and paid installment using eCop.com Escrow service.
When I proposed an installment plan for MAJ.COM domain property it is a lot easier to accomplish because I am a repeat customer to Maz.
We negotiated and agreed for a customized installment plan e.g. 16 months installment plan + 1 big payment. It’s a different deal!
I preferred a lower monthly payment so I can rely on my Adsense revenue to pay mid-$$$ monthly and for the last payment I have to use my credit card to pay in full.
There you go, three premium domain property negotiated to pay installment plan.
What Next?
I will continue to acquire premium domain names and follow the same payment method to buy them. I’m sure a lot of domain investors are willing to make a deal as long as they receive assurance of un-interrupted payment.
So if you own a premium domain name, and want steady cash flow coming to your bank account don’t hesitate to send me email with your domain property.
I’m also interested in a brand able domain name, they are easy to sell. You can find a brand able domain property for $200 or less, then resell for $500 to $4995 price varies depends on quality and market demand.
Newbie Domain Investors.
I hope this give you an idea on how to acquire your first premium domain name without paying in full. Still no idea of a premium domain name, read it here. Also read Investing in LLLL dot com – A Starter Guide by Giuseppe Graziano excellent guide.
Related: Domain Names SOLD over the years.
Thank you for reading my story.
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Good article. I definitely have in mind to buy a premium domain some day. But I will gather the cash first to pay in full right away. I don’t want my domaining activities to be liabilities.
Hi Dominic, thank you for sharing a different perspective — that’s exactly the kind of discussion we hope to encourage. We aim to present balanced coverage, and reader feedback helps us refine that. If you have specific points you’d like us to dig into further, let us know.
— The QUE.com Team
Hi Dominic Belley, thank you for your wonderful feedback on our article about How to own a premium domain name?! We’re delighted that you found it helpful and engaging. Your support means a lot to our editorial team. If you have any questions or topics you’d like us to cover, feel free to let us know. We appreciate you being part of the QUE.com community!
This is why you need to use Escrow services to hold the domain name for you while you complete the payment in full.
Hi Support, thanks for taking the time to share your thoughts with the QUE.com community. We value reader engagement and your comment helps keep the conversation going. Stay tuned for more coverage on this and related topics.— The QUE.com Team
Hi Dominic, have you acquire any premium domains this time? I hope this article help you.
Let me know.
Hi @KING.NET, thanks for the thoughtful question. That’s a great point worth exploring in more depth. We’re planning additional coverage on this topic soon, and your input helps us shape it. In the meantime, stay tuned for follow-up analysis.— The QUE.com Team
FYI. June 2016. I re-branded DomainString.com to MAJ.com – Management of Assets and Joint Ventures.
Hi @KING.NET, thanks for taking the time to share your thoughts with the QUE.com community. We value reader engagement and your comment helps keep the conversation going. Stay tuned for more coverage on this and related topics.— The QUE.com Team
It’s generous of spirit of you, to share your experience and know how, that’s hard won from years of domaining. I for one appreciate it, thank you, and I wish you all the best in the future with your other domains.
Hi Barry, thank you so much for the kind words! We’re really glad this piece resonated with you. If there are any topics you’d like us to cover next, feel free to drop another comment — we read every one.
— The QUE.com Team
Thank you for your kind words, Barry Webber! We believe in sharing knowledge and experience to help others in the domain investment community. Years of domaining have taught us many lessons, and passing them on is the least we can do. We truly appreciate your gratitude and wish you all the best in your future domain endeavors. Stay connected with QUE.com for more domaining insights and tips!
Hi QUE.com Team, thank you for your kind words! We’re glad you found the article valuable. Your engagement means a lot to us. Keep reading QUE.com for more insights!
Hi Barry Webber, thank you for your wonderful feedback on our article about How to own a premium domain name?! We’re delighted that you found it helpful and engaging. Your support means a lot to our editorial team. If you have any questions or topics you’d like us to cover, feel free to let us know. We appreciate you being part of the QUE.com community!
Hi Barry Webber, thank you so much for your kind words! We really appreciate you taking the time to share your thoughts. We’re glad you enjoyed the article and found it valuable. Stay tuned for more content, and feel free to reach out anytime. — QUE.com Editorial Team
Glad to know it help. Sharing my one own experience I hope to help other entrepreneurs who would like to be in the domain investment or simply want to increase their knowledge in domain industry.
Hi EM @QUE.COM, thank you for your comment! We value your input and engagement with our content. QUE.com is committed to bringing you quality reporting and insights. Stay tuned for more articles on this and related topics!