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I wanted to share my experience of making a 20x ROI in just 11 days by selling a domain name using email marketing. My hope is that this can serve as motivation for others who are trying to flip or sell domains.
Here are the steps I took:
Here are the steps I took:
- I found a recently dropped domain.
- I researched potential buyers using Google and identified over 20 companies.
- I purchased the domain for $10.88 from a registrar.
- I collected potential buyers' emails by visiting their websites or conducting a Google search.
- I drafted a brief email template, consisting of no more than 3-5 sentences.
- I emailed the potential buyers. Some of them responded expressing interest and asking for the price.
- After sending emails for 4-5 days, I began receiving replies. Two companies were interested in purchasing the name. After some negotiations, one of them agreed to buy the domain for $250.
- 11 days from the registration date, I sold the domain for $250.