Every Domain Investor lands up in a common situation at one time of the Year – To Drop or Not to Drop!
Yes its the time for your Domain Name Renewals and you have to make a decision by seeing its performance in terms of parking (if you are using Domain Parking) or the number of Inquiries or page visits you received within the last whole year.
Well the formula says Renew the Decent ones and Drop the ones that are Crappy. Because you always have new ideas and new terms popping up in mind and in Daily News, so you need to make a wise decision – to Renew the old ones Or Invest the same money on new Domains and give them a chance for a complete new year.
But the bigger problem is that many people can’t distinguish whether a domain name is decent or crappy. The great ones are obvious to most, but some people have problems where they believe a domain name is Great and has value, when in fact, nearly everyone else would say it sucks.
Its always better to own Few domain names that are really worth the investment, than to register a thousand average and below average domain names. At least if you need liquidity, it will be easier to get cash by selling ONE name than by trying to sell your thousand domain names! Continue Reading