Wise words by James Iles (1.Viewing)

A better strategy would be to NOT buy domains that aren't worth keeping over the long term.
 
Selling for $105 minus commission and taxes is better than dropping it I guess, but not why we do this and I don't know if it's worthy of a shout out.
 
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domains said:
Selling for $105 minus commission and taxes is better than dropping it I guess, but not why we do this and I don't know if it's worthy of a shout out.
Click to expand...
Agree completely.. Wonder what is the strategy behind promoting a $105 sale. Come February, eat up another 25%.
 
Eby said:
Agree completely.. Wonder what is the strategy behind promoting a $105 sale.
Click to expand...

It's right up there with the usual Twitter nitwits:

Domain Sale: $205
Acquisition Cost: $95
Hold Time: 1.5 years
$110 Pure Profit!!
 
DomainRecap said:
It's right up there with the usual Twitter nitwits:

Domain Sale: $205
Acquisition Cost: $95
Hold Time: 1.5 years
$110 Pure Profit!!
Click to expand...
I always say you have to account for all the domains you don't sell in a year, not just the domains you do sell.
You need way higher margins for the math to work. :)

Brad
 
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