Don’t Buy Domains Geared Towards The Chinese Market Without Reading This First…
Let me tell you, when it comes to investing in the Chinese domain market, I am probably one of the last people you should look to advice on this subject but luckily I’ve made a few savvy friends.
It’s extremely detailed and when I got started buying and selling domains, I never sat down and tried to understand it. If you’ve been around domaining for the last few years, I am sure you’ve heard about the CHIP craze.
People were literally selling domain names for INCREDIBLE returns within days, weeks or a few months after purchasing them.
Domaining is a worldwide venture. Which means that CHINA is a huge player and are continuously looking for domains that they can invest in. If you have what they are looking for, you put yourself in the position to make good returns.
Let me tell you my story when it comes to the CHIP craze.
I saw a bunch of people talking on the Namepros forum about how they were getting offers on their 3-4 or even 5 letter domain names. Mostly for .com but sometimes for other extensions as well.
So what did I do?
I bought 3 letter domains in various extensions, because I was an idiot and had know idea what I was doing. But I was trying to be cool and follow the trend.
I mean, why not…right?
Well, that didn’t turn out well as I lost a good amount of money because the domains I bought had NO VALUE in the market.
Well now you don’t have to be like me because there is a great new resource written by my buddy James ILes. James is a well respected author over at the Namepros forum. You can see his profile here.
James always covers breaking news that happens within the domain name industry and has been doing that for many years. We actually did an interview you can see here.
China 101 – A Guide To Domain Name Investing In China
If you’ve ever wanted to learn about the Chinese domain market, just read this book. It’s packed full of useful information and strategies you can use when looking to buy these types of domain names. It’s not full of that cute fluff stuff. You’ll learn things like:
- How do you find the domains to?
- Do Chinese Domains have end user interest?
- Which extensions should you focus on when buying?
- What are the most valuable patterns that are most sought after?
- How to analyze current market price to help make smarter buying decisions
- Simple tips to successfully sell your domains
- And so much more…
I highly recommend it not only because I consider James a friend but because you shouldn’t do what I did and blow your money buying names without knowing the market inside and out.
James fixes this problem with the info in his book. He gives you a clear, step by step plan that you can use today to take action and dive into this new market.
The worst things you can do is try to figure everything out on your own. All it will do is cause you confusion and an empty wallet…trust me I know firsthand.
Take advice from someone like James who knows the Chinese domain name market.