Understanding the mindset and perspective of those you interact with helps with how you approach and manage your expectations.
Over the years, especially the last three, I have had many discussions with people who were frustrated they were not doing more business on Namepros.
They felt that the largest community for domain investors should bring out more business opportunity.
One member has mentioned that he was leaving on many occasions and the main theme was that much cannot be sold for more than $10. I understand that frustration.
The truth of the matter is that Namepros really has more people who are there to make a few bucks or socialize vs do serious business with serious money.
I ran a couple polls to try to get to the heart of why people come to Namepros and what their level of success/participation as a domain investor stands?
When it comes to participation as an investor, I gave 5 options,
Only 35% of voters either are full time or part time with sizable income. The other 65% are making some fun money, losing money or are coming to socialize as Namerpos is their bridge or book club.
Now when I conducted a poll on the number 1 reason why someone came to Namepros to buy and sell domains came in as the top spot. While social network came in at only 5%. The first poll’s results might suggest otherwise.
Looking at both poll results, it’s fair to say that those looking to do a lot of business on Namepros, should temper their expectations. Only 35% of voters are full time or part time making significant money, and the number one reason why people participate there is only 37%.
Work to do
I wrote a domain seller’s guide about three years ago with some Namepros specific tips and tricks and I will be looking to update that as some rules have changed.
Namepros has work to do with the domains wanted section and possibly tweaking the rules on how long you have to be a member before you can participate in certain threads. But if you want to put in the time and it might be more time than most want to, you still can do some business, the question is how can it become a better place to do business?