Park.io is quickly becoming one of my go-to sources for quick flips

As I’ve mentioned before, I’ve been buying more and more from Park.io, a marketplace for buying expired .IO, .TO, .ME and other non .COM extensions. As many of you know, I’m not the guy who spends five figures on a domain and flips it for six. Instead my bread and butter has been buying domains for under $1,000 and selling them in the sub $10,000 range.

Over the last year I’ve found that Park.io has become one of the best places to find domains that get a good level of inbound offers and flip in the price ranges I usually sell in. While .COMs are still my focus and I wouldn’t recommend anyone suddenly switch to only buying and selling non .COMs, I have found some great repeatable flips thanks to .IO, .ME, and .TO domains I bought on Park.io.

This week was one of those weeks where I just have to smile and be thankful as always that I’ve picked domains as my main investment vehicle over stocks or real estate. I’m on vacation in Mexico (hello from Tulum!) and on the first day of my trip I had one domain I bought on Park.io less than a year ago sell for $1,500 and then the next day got a $2,000 offer on a .IO name I bought for $99 also on Park.io under a year ago.

Today I woke up to another offer so it looks like it’s going to be a good week and a vacation that literally pays for itself…while I’m on vacation. Of course every domain investor has a different strategy and I’m not saying to stop doing what you’re doing and only flip .IO and .TO names from Park.io. What I am saying is that the market changes, new marketplaces spring up, and by constantly evaluating what we buy and what we sell, we can all evolve to the changes happening around us, which is always a good thing IMO.

{ 8 comments… add one }

  • Bob August 30, 2016, 8:18 am

    I did use Park.io to make few purchases such as Feet.io, 246.io, KS.to, Beach.ly & Paste.ly but so far have failed to make real sales through some marketplaces so can you please advise the best venue to sell these domains? Thanks.

    Reply
  • John August 30, 2016, 10:17 am

    Mike Carson ( founder/owner park.io) is one of the very best people to deal with in this business. If he tells you something you can go to the bank on it. Hopefully he’ll be bringing the .ch (swiss) extension into park.io . Also-as the above fellow asked-where are you reselling these .io names Morgan? What’s the best platform is a question I think many would like to know. Thank you.

    Reply
  • Morgan August 30, 2016, 11:13 am

    @Bob – right now about 90% of my sales come from inbounds and having some kind of landing page that makes it easy for someone to make an offer is important. I use Domain Name Sales for most of my landers but have found that the simple Park.io landers do pretty well. You can see an example with a name of mine like Outpost.io. I think the key is learning what kind of names get the most inbounds which has taken me years to figure out…and of course I’m still learning new things every day 🙂

    @John – couldn’t agree more, Mike is without a doubt one of the most stand-up guys I’ve met in the domain industry.

    Reply
  • Nick August 30, 2016, 3:04 pm

    Can anyone park their .io domains with park.io and sell them? What is park.io’s commission on the sale? I dont see where its possible. Am I missing something?

    Reply
    • Morgan August 31, 2016, 8:22 pm

      @Nick – no commission charged, the offers come directly to me via email.

      Reply
  • Josh August 30, 2016, 5:05 pm

    Morgan, congrats on the sales! Do feel the landing page you use has a big impact on getting offers and making a sale or not? If someone’s interested in a domain won’t they submit an offer no matter what landing page service you’re using?

    Reply
    • Morgan August 31, 2016, 8:21 pm

      @Josh – good question, I’m not sure I’d give too much credit to the landing page specifically, but I can say that I definitely get more offers when I have a landing page vs. when I don’t. The key is learning what kind of domains get offers, I’ve always found that one-word action words tend to do the best but when it comes .COM most of what I sell is two-word names.

      And you are correct – if someone’s interested in your domain I do think they’ll submit an offer regardless of what landing page service you’re using…that being said some are better than others but it’s the domain that really matters not the landing page.

      Reply
  • Nick September 1, 2016, 5:01 pm

    @Morgan, where at park.io is the link/page to the interface for us to set up our names for sale there?

    Reply

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