I think many affiliates will recognise this . . . It’s a lot easier to think of an idea and buy a domain than it is to get your head down and develop a website (mostly due to the need for relevant, enticing and original content). Near the start of the year I decided to put a self imposed ban on new domain purchases until I had “completed” some more sites. I’m not saying I completely obeyed the ban but I was a lot more conscious of the need to get some more sites live.
Thanks in part to a few white labels, as of the beginning of the week I got my domain / site ratio down to 82%, something that I was well pleased with. Some of the sites are not quite finished and I’m still tinkering with them but I’m counting them as developed when they have got a site and content on.
And so today I have pushed my ratio way back down by buying a portfolio of 18 new travel domains (via eBay). Looks like I will be busy in August !
What’s your ratio? Have you got a domain name buying habit?
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I think alot of affiliates fall into this trap at one stage or another.
Its too easy to get tempted when you spot a ‘potentially good domain.’
One thing is for sure. There are never enough hours in the day when your an affiliate.
I put a brake on buying domains for myself a while ago, simply because there was no way I could develop them all. (what a waste of money this can be)
I’m not exactly sure what my exact ratio is though, but I know its not as good as yours.
I’m like an addict, I got myself off the domain buying high, for a while….unfortunately, then after trying to get more of an idea of where I stood, I actually looked at everything I had in my portfolio….shortly after I got a little drunk, and ended up with about 5 new domains the morning after…eeeek!!