We all know domaining is such a lucrative business, where everybody can make money. Professional domainers are the ones who make more money and that too consistently. They get success either because they stick to time tested domaining rules or take risk to do unconventional.
Enters Dutch domainer Tim Schoon. He has revealed that he has sold 150 LLLLs .com on eBay and earned a staggering $71, 215. The catch here is that that eBay as a domain market place is not viewed favourably by domain traders, especially the sellers. A domainer will not usually sell his portfolio on eBay. Rather he/she will look for places like Sedo, 4.cn, Godaddy, inbound enquiry or through brokers. Tim is altogether a different breed! He did what is unconventional and it paid up.
Tim has revealed that some of the LLLLs in the portfolio are chips (LLLLs without a, e, i, o, u and V) and he acquired them one or two years before paying $20 to $40 each. He confessed that few individual domains are sold at marginal loss but overall sales figure fetched him very good profit.
When asked about his strategy of selling on eBay, Tim says he has listed his domains with auction style listing for seven days and without placing a reserve. When a domain is listed for auction without a reserve price the seller is bound to sell the domain to highest bidder irrespective of he makes profit or loss. He warns that only liquid domains should be sold in this style of auction.
Anyway, Tim has certainly done a great job. He has done some thing unconventional.