Giving up on Domain Names

By Sky
@skysnap (20153)
July 21, 2016 7:20am CST
This year I am cutting down on some of my wasted money. I have decided to give up on the domains which I wanted to buy and build some business on. For years I did nothing on them. And it only wasted my money. I'd say Its time to wrap some chapters. I am going ahead and not paying for them from this year onwards. So that is sayonara to some projects. Now going to be super focused on small number of projects. I have got domain name for my youtube channel. And that's all for now with domain purchases. Saving money
12 people like this
13 responses
Goodluck Okorie
@Icontechnologies (70)
• Nigeria
21 Jul 16
I think there is no harm in trial and there is regret too. Because its either you gain knowledge or you gain money. All the same
2 people like this
Sky
@skysnap (20153)
•
21 Jul 16
true that.
Marlina
@marlina (154131)
• Canada
21 Jul 16
I think that lots of people got caught on buying domain names with big hopes of big money. But it isn't that easy.
2 people like this
Marsha Cooper
@marsha32 (6631)
• United States
21 Jul 16
I'm having debates on my upgrades with some of the traffic exchanges. One in particular I have been paying $6.90 a month for my upgrade and if my team doesn't take 3rd place to earn 30 cents a week I only earn about 3 cents a day average.
Marsha Cooper
@marsha32 (6631)
• United States
21 Jul 16
@skysnap It's used to be much better as we earned 10 cents for surfing 600 pages and there were prize pages with pennies...and pennies for playing the VTG game. We collect all 3 zubees while surfing, but free members get that too, they just have to surf more pages to get to them.
Sky
@skysnap (20153)
•
21 Jul 16
@marsha32 it's kinda energy draining to do that isnt it?
Sky
@skysnap (20153)
•
21 Jul 16
That is a low ROI.
1 person likes this
Gudheart
@gudheart (12659)
•
21 Jul 16
Shame it did not bring you much money ;(
1 person likes this
Sky
@skysnap (20153)
•
21 Jul 16
yeah i wanted to grow over the earning in cents and wanted to build something strong. but it didn't worked out.
1 person likes this
Gudheart
@gudheart (12659)
•
21 Jul 16
@skysnap at least you gave it a try :D
1 person likes this
Sky
@skysnap (20153)
•
21 Jul 16
@gudheart yep tried and earned some experience.
crazyhorseladycx
@crazyhorseladycx (39509)
• United States
22 Jul 16
there's so many free options these days i dunno why folks e'en purchase those startin' out?? perhaps if'n they stay dedicated'n grow, but not's a start-up.
1 person likes this
Sky
@skysnap (20153)
•
22 Jul 16
domains are needed when you want to setup as business. otherwise free would do.
1 person likes this
Tokz
@ilocosboy (45156)
• Philippines
21 Jul 16
nice move, domain names are not good in banking service.
1 person likes this
Sky
@skysnap (20153)
•
21 Jul 16
yeah and the issue was names were super specific and not niche. so selling them wont give much money either.
1 person likes this
Sky
@skysnap (20153)
•
21 Jul 16
Tokz
@ilocosboy (45156)
• Philippines
21 Jul 16
@skysnap and also, some countries prefer vernacular term or their own languages
1 person likes this
hoong143
@hoong143 (1397)
• Malaysia
22 Jul 16
Maybe filtering some unnecessary expenses is good to our business.
Sky
@skysnap (20153)
•
22 Jul 16
yes for sure.
1 person likes this
suziecat7
@suziecat7 (3350)
• Asheville, North Carolina
21 Jul 16
I had a domain name that I paid $12 for last year. Recently someone offered me $200 for it and I said sure (yay!) I tend to scatter myself a bit too. You're probably wise to concentrate on certain projects only.
Kathy Lopez
@annierburnett (32)
•
22 Jul 16
nice decision on saving your money!
Silvermist
@silvermist (19702)
• India
21 Jul 16
@skysnap If there is no income from them and you have to keep on spending money to retain the domains it is better to give up the Domains.Wise decision.
Reine25
@Lucky15 (37374)
• Philippines
22 Jul 16
Money saved is always.light us up ;)
Pinay Ako
@AkoPinay (11542)
• Philippines
25 Jul 16
I bought a domain before but just for fun. I know nothing about monetizing a blog/site at that time. I still want to buy a domain so I could keep all my old articles and pictures even if I wont earn from them.
Sky
@skysnap (20153)
•
25 Jul 16
yes that would be surely passive income. it'd be low in comparison but better than nothing.
1 person likes this
ARM
@responsiveme (22926)
• India
22 Jul 16
I don't really understand this , domain names? But it seems like a sensible decision