OnlineDomain.com Domain Name News & Opinions
Mike Mann reported selling 4 domain names in April for a total of $89,776. Prices started at $14,888 and went up to $30,000.
Mike Mann sold 4 .com domains. The average reported domain sales price was $22,444.
If you want to further understand Mike Mann’s pricing and sell-through rates read here: A few important details on Mike Mann’s domain sales
Here is a look at some of Mike Mann’s domain sales and acquisitions from April 2020 with domains AND prices.
Domain name sales:
CaminoSeguro.com $29,888. Purchased 2/25/09 $59.
StellarHealth.com $30,000. Purchased 7/5/12 $579.
SendHugs.com $14,888. Purchased 6/11/17 $20.
amanova.com $15,000. Purchased 3/13/18 $235.
If you feel the need to say something about Mike’s sales being fake or whatever then first read this: “Casting a doubt on all domain name sales“.
Domain name purchases:
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More info
Mike Mann is the owner of DomainMarket.com that offers more than 350,000 premium domain names for sale. Mike sells more domains as he is only reporting what he wants to report. Yes, his overall sales average is below $5,000 so the reported average means that there were quite a few not reported sales for less than $5,000.
I hope there is not someone that thinks that these are all the domains that Mike sold this month. These are just the domains that he chose to report. Also he is purchasing hundreds of domains each month yet he reports only 1 or 2 or not at all. If people were selling only what they were reporting then I wouldn’t have any sales this year!
(One thing to remember is that Mike Mann needs to sell about $2.5+ million worth of domains per year to break even and that he is NOT a flipper. The average holding time for his sold domains is usually more than 5 years.)
Here are all the Mike Mann’s sold domain name reports published on OnlineDomain.com since 2016:
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
May 2016
April 2016
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I am a big fan of Mike’s ability to sell mediocre (in some cases) names for top dollars.
Recently I downloaded all his domains (his site allows you to download excel file of all the domains on his site) and did some analysis. Some prices make sense but others I felt were way overpriced.
But knowing him sell for top dollars,, I have come to the conclusion that to get prices like him you need:
1. A huge portfolio because then occasional top dollar sales will happen
2. Price all your domains with BIN as it creates buyer tolerance when they see the domain priced before contacting you
3. Let buyer still contact you to inquire even if you have BIN prices.
I would like to know what others think.
3.
Brilliant sales Mike. I really look up to Mike but most of his domain names are overpriced. Also some of his names need to be dropped as it affects revenue.
Just a thought about Domain Names and Themes and Branding. If you take the view that your purchaser will normally purchase a Domain Name for a business or business idea, then it seems to me to make sense to have Domain names that are descriptive and lend themselves to a Theme or Brand. In our case, we are not like Mike Mann in that I cannot afford the massive portfolio that he has accumulated, and it seems to me that there is an element of “pot-luck” involved in his choice of domain names and finding a Buyer. He must have some system and good luck to him! It is also my experience that Domain Names can take many years to sell – the key to reducing this time frame is (1) to choose the right Domain Names with potential and (2) to make sure that they are heavily promoted and marketed to the greatest possible audience. I have accumulated a small domain portfolio over the years, and have always tried to choose domain names that fit with my business experience as having potential for other Business owners. I like the idea of themes – for example, domains beginning with everyday words like “just” or “easy” – as can be seen on our InternetDomains.ForSale website. Where we need to improve is with raising the profile of our site – Work In Progress!! I also like the idea from Domain.com for monetarising or renting domain names without actually selling them. I am working on this concept – it seems to me that I can take this one step further with our WebMaster programme and advertise a “Ready for Business” Domain with a working site attached available for Rent. Any comments welcome.
I think you need a new domain for your portfolio.