Temperatures are starting to drop here in Hong Kong and with October behind us it’s time to look back and share some of my acquisitions and sales again. It was quite an unusual month for me as I didn’t pick up a single brandable but spend the majority of my time domaining acquiring LLNN .com’s instead. I’m happy to share that a few sales this month helped me reach my personal goal of $100k in total revenues. Here’s a snapshot of my Efty cockpit giving you some insight in my performance as a domain name investor each month.
My Efty cockpit as of November 1
Somebody once told me to find three hobbies you love: one to make you money, one to keep you in shape, and one to be creative. With this in mind I started investing in domains names during a holiday in Sri Lanka almost 3 years ago and I managed to turn this (highly addictive) hobby into a profitable one about a year ago. I’ts been a incredible and fun journey and I continue to learn each day. The last few months I managed to become much more selective with my purchases and I also started to drop a ton of dreadful domains that I accumulated during my first year as a domainer.
As always I will be sharing some of this month’s sales and acquisitions with you guys and I hope some of you will do the same in the comments!
- 100+ LLNN.com. Something unusual has been happening in the market this year with the Chinese investing in domains not with end-users in mind but more like it’s some sort of stock, forex or commodity. They target short domains and the moment the demand can’t meet the supply prices start to increase rapidly. We’ve seen it happening with LLLL and NNNNN domain names and now there’s a clear sign that LLNN is the next big thing. This makes sense when you think about the fact that there are only 25,600 Chinese premium LLNN (without aeiouv and without 04), which is significantly less than LLLL or NNNNN. All Chinese premium LLNN have been registered during the last few weeks and the action is now quickly moving to auctions and the drops.
- HongKongShopping.com – Sold for $2,000 after an inquiry through the Efty landing page. The buyer is a small local marketing agency here in Hong Kong. I picked up the name for $350 on Flippa in June this year and wrote about that here.
- NUD.co & VKO.co – Sold as a pair for $811.56 to the owner of the matching .Com. Bought both of them on NameJet a couple of years ago for $69 a piece. I own another 31 LLL.co and looking at the rising prices for these lately it seems like this investment is going to pay off.
- 15 LLLL.com I sold a package of 15, non premium LLLL .com domains to another NamePros member for $2750 which comes down to $183.30 per name. I acquired them for $111.82 on average per domain during the summer months this year. I own another 15 or so LLLL with stronger letter combinations which I plan holding onto long term.