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AbdulBasit Makrani, a domain investor, shares his success in increasing sales volume by slashing prices on his domains. He provides valuable tips for domain investors, discusses sales and portfolio growth, choosing a registrar, transferring domains, and the benefits and drawbacks of renewing domains.
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Quick takeaways
- Reducing domain prices by 20%-60% resulted in a significant increase in sales volume.
- Participating in closeouts and auctions, especially for domains priced between $1,988 and $5,000, leads to the majority of sales.
Deep dives
Abdul-Bassett's Domain Portfolio Strategy and Repricing Exercise
Abdul-Bassett Makrani, a domain investor based in Turkey, provides an update on his domain portfolio and the strategy he's currently implementing. He discusses the recent re-pricing exercise he undertook, which involved reducing prices for almost his entire portfolio by 20% to 60%. Abdul-Bassett shares that this repricing has resulted in an increase in sales, especially in the last three months. He also mentions the importance of participating in closeouts and auctions and how being located in Turkey gives him an advantage due to the time zone difference.
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