What are your domain/development plans for the new year ?
As 2012 comes to a close its time to look back on what worked and what didn't. This time of year is rightfully dominated by holiday and family responsibilities, but when you have a little alone time it is good to look at your portfolio and see what needs pruning.
Every year there are fads in the domain business,things that work for a little period of time and usually get a lot of hype. Whether it be a buyout on some category of names like LLLL.com or if a certain niche generates a lot of sales such as the ikeyword.com domains. You need to look and see what names in your portfolio are still relevant from a speculative standpoint and what names may be on the down trend.
I can say a few years ago I took a spec on some L-L-L.com and was able to sell some for a nice roi, I held onto some others that I probably could have flipped but held onto instead. I did let a few of those drop early this year as it seemed that the interest in those names became close to nil. Of course right after I let them drop there were back to back weeks of four figure L-L-L.com sales.
Besides looking at your domain portfolio you should look to any developed websites and review their performance. Do you have time to maintain them and improve them ? Are they making money after hosting and reg fees ?
The industry will be changing big time with the addition of the new tld program and now is the time to think about what kind of domainer/developer you want to be moving forward.
Personally I have spent a lot of time this year reading all the sites selling on Flippa. I think about the time spent on certain domain investing activities and compare that to how much time it would require to build out sites selling in the $3,000 to $5,000 range on Flippa. I think I would like to spend more time on developing stuff and less time on what I consider the unproductive energy I spend on domaining. I need to spend less time searching and more time developing.
Leave a comment and say whether you plan on more names or less names moving forward ? Do you want to get more into development ?