From $59 purchase to $1,575 sale in a week with Jason Sheppard

Selling domain names

If you don’t know Jason Sheppard yet, you’ll be hearing his name a lot more because he’s one of the rising stars in the domain investing world, and one heck of a kick ass DJ (we even made a song together). Jason does a great job of sharing his sales publicly on Twitter, and the most recent is a great one both for the ROI and the time between purchase and sale. Here’s the Tweet:

A few insights here:

  1. Brandable one and two-word .COMs have been all the rage over the last few years, and this is another great example of the kind of names that are available in the sub $100 range that are worth over $1,000 to an end-user.
  2. It’s okay to sell below your BIN. Sure, Jason could have waited a few months, or years, to get $5k, and maybe he would have gotten it. But now he locks in a 26x ROI and can take that money and re-invest it.
  3. Jason used a “for sale” landing page. I’ve said it before but I’ll said it again and again, you have a way better chance of selling a domain if it has a “for sale” landing page on it, period.

Congrats to Jason and good call on making the sale below BIN, it’s time for #SellThemWhenYouCan to start trending on Twitter!

{ 9 comments… add one }

  • Scott Bender May 8, 2020, 6:54 pm

    Hey Morgan:

    Are you against having domains at http://www.sedo.com and just use http://www.efty.com in stead?

    What are the main advantages?

    I’ve been selling domains lately through http://www.sedo.com with “make offer” and it is working.

    Please provide your input (for all of us) why you believe http://www.efty.com is better.

    Thanks,
    Scott

    Reply
  • Gus May 8, 2020, 8:17 pm

    Unfortunately, this is a trademark domain. Freshly filed and published prior to the backorder.

    You just did a post about not to register trademarked terms and but now you’re lauding a sale of a trademarked term? Is it acceptable now to do this?

    Word Mark
    GALLAZ
    Goods and Services
    IC 028. US 022 023 038 050. G & S: Sporting articles not included in other classes, namely, skateboards, skateboard wheels sold both separately and as a unit with skateboards; skateboard hardware and parts, namely, trucks, bearings, wheel mounting hardware in the nature of mounting brackets and screws, decks, grip tape, and riser pads; surfboards; surfboard leashes; bags especially designed for surfboards; snowboards; ice skates; roller skates; inline skates; protective padding for use in sports suits for skating, snowboarding, skateboarding; elbow guards for athletic use; knee guards for athletic use; shin guards for athletic use
    Standard Characters Claimed

    Mark Drawing Code
    (4) STANDARD CHARACTER MARK
    Serial Number
    88284990
    Filing Date
    January 31, 2019
    Current Basis
    44E
    Original Filing Basis
    1B
    Published for Opposition
    March 24, 2020
    Owner
    (APPLICANT) Globe International Nominees Pty Ltd proprietary limited company (p/l or pty. ltd.) AUSTRALIA 1 Fennell St. Port Melbourne AUSTRALIA 3207
    Attorney of Record
    Stacey Halpern
    Type of Mark
    TRADEMARK
    Register
    PRINCIPAL
    Live/Dead Indicator
    LIVE

    Reply
  • Scott May 8, 2020, 8:33 pm

    He’s lucky he didn’t get hit with a UDRP first.

    Reply
    • David Michaels May 10, 2020, 6:52 am

      A UDRP using a newly filed 1b application would fail.

      Domains listed for sale before the trademark was used are generally safe.

      Reply
  • BullS May 8, 2020, 9:51 pm

    I have been selling domains at big bucks at Amazon domain marketplace.
    Amazon domain marketplace will kick GD and other nitwits off the planet.

    Reply
    • RK May 9, 2020, 9:54 am

      What are you talking about?

      How can one list and sell domains at Amazon Domain Marketplace?

      Provide details and links please.

      Reply
      • BullS May 9, 2020, 12:22 pm

        It is via private invitation only from Jeff Bezoos and you have to be in his inner circle.

        Reply
  • Steve May 9, 2020, 12:00 am

    @Gus It’s important when looking into things, that you don’t jump to conclusions like you have.
    Gallaz is also a surname so it’s not automatically a trademark domain.

    The seller has stated on Twitter that Gallaz is the surname of the person buying it.

    Potential for it to be used in a bad way, yes. However just because something is trademarked doesn’t always mean it can not be registered or the word be relevant to something else.

    Reply
  • Steve May 9, 2020, 8:04 pm

    @Gus

    Just because a trademark exists on a word, phrase or group of characters in a made up word doesn’t mean another company can’t use the same item. They just can use it for the purpose for which another entity or person has it trademarked for. If you look in Trademark247.com at many brands you will find a multitude of entities that own trademarks on like brands.

    Example when one says “Coke” you instantly think of a beverage. But “Coke” is also a substance similar to Coal. So a company that works with this substance could try to trademark term “Coke Processing” provided there use of it doesn’t infringe on what another trademark owners trademark might be for “Coke Processing” or “Coke” or “Processing”

    This is the danger in parking domains for parking revenue. While you may never use the domain and violate a trademark. If that 3rd party ad provider does you can find your sell in a UDRP situation as well as a law suit for damages.

    Reply

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