| With the surge of internet entrepreneurs, also came | | | | Only 25% of domainers make a good living because |
| the surge of domainers or business savvy | | | | the domainer business attracts newbies who don't |
| professionals who purchase domain names and sell | | | | know anything about the business. They simply get |
| them to others. Although many of these domainers | | | | into the business in order make a quick buck. They |
| make a tremendous amount of money, there are | | | | are lured into false promises of making hundreds, |
| quite a few others who barely make more than the | | | | thousands or even millions of dollars by selling domain |
| minimum wage in their states. In this informative | | | | names. The truth of the matter is that the domainer |
| article, we will discuss the domainer business as well | | | | business is very saturated and it takes a lot of |
| as the old age question of what percentage of | | | | domain name buys to have one good sell. That is, |
| domainers make more than minimum hourly wage. | | | | successful domainers, who make more than minimum |
| So, without further adieu, let's get started. | | | | wage, are those that purchase thousands of qualified |
| Before we begin, one must understand that the | | | | leads and then sell them using clever marketing |
| domainer business is just like any other, those that | | | | strategies. |
| perform the best are the ones that put the most | | | | The domainer business is just like any other. Although |
| time and energy into their business dealings. Those | | | | a great deal of it is based on luck, to be truly |
| that make excessive amounts of money are the | | | | successful requires that you put in a lot of time and |
| ones that study and understand internet trends and | | | | energy into the learning and perfection process. You |
| have a good understanding of the internet | | | | have to try out many different methods of selecting |
| marketplace. Therefore, it should come as no surprise | | | | domain names until you develop a strategy that |
| that about 25% of all domainers actually make more | | | | works. You have to conduct extensive research and |
| than minimum wage whereas 75% do not. Here's | | | | truly learn how to choose hot names before other |
| why: | | | | competitive domainers snatch up the good names. |
| The purchasing and selling domain names is highly | | | | And, you have to be a skilled marketing expert that |
| speculative. Just like no one can accurately predict | | | | works hard to sell your product, the domain names, |
| the weather 100% of the time, the more | | | | to earn the most profits. For many domainers, this is |
| knowledgeable you are, the better able you are to | | | | emotionally and physically taxing and those domainers |
| make educated guesses that may in fact pay off in | | | | that succeed are the ones that put in the most |
| the long run. Those domainers who make a killing in | | | | effort and display the most talent. |
| the bsiness are not only lucky but they have a | | | | In conclusion, about 25% of all domainers make more |
| specialized talent for understanding trends and acting | | | | than the minimum hourly wage. This is because they |
| upon them. They also know alot about the what | | | | are qualified and talented professional who put in the |
| names will sell and how to obtain the best price for | | | | work to reap the benefits. Those domainers who |
| the sales. In essence, they have a vision and are able | | | | make minimum wage, don't take their job seriously |
| to back up that vision with pure knowledge and | | | | and don't have the talent or knowledge that it takes |
| specialized domain buying skills. | | | | to make it to the top in this ever-changing field. |