In this season we have a domain investing contest where 6 domain investors are given a $500 budget and compete against each other to see who can wind up with the most total dollars in sales at the end of a year.On today's domain academy podcast, from DomainAcademy.com, we continue the DREAM (Domains Rule Everything Around Me) contest focusing on two investors and what they have done so far about a month into the content. Follow along all year and root for your favorite investor. See where everyone is at in realtime via our running spreadsheet of domain purchases and sales https://docs.google.com/spreadsheets/d/1-y2hm89miTikAL5s0hVipL_fMfBYfkKnBR44jhOWKl8/edit?usp=sharingJoin me as we interview James Iles and Andrew Alleman for today's exciting episode! Key Topics:Introduction to the Podcast: The podcast host introduced the Domain Academy podcast, explaining the goal of the contest where participants start with a $500 budget to invest in domain names and see how much profit they can make within a year. 0:00James' Strategy Update: James Iles shared that he has shifted his strategy from focusing on popular keywords to targeting Geo domain names, which he believes have a specific need for improving business presence online. He mentioned some of the names he acquired, such as Venicebroker.com and Malibuagent.com. 1:28Andrew's Recent Acquisitions: Andrew Allman discussed his recent domain acquisitions, including inboxsentry.com and rationalcode.com. He mentioned the challenges of being a new domain investor with restrictions and the importance of patience in the domain investing process. 3:45Using ExpiredDomains.net: Andrew Allman explained his process of using expireddomains.net to find domain names, including setting up filters and using the GoDaddy investor app to track and purchase domains. 5:51AI Tools for Domain Search: Andrew Allman and James Iles discussed the use of AI tools for domain search. Andrew demonstrated AI Domain Genius and Domain Agents, highlighting their features and how they can help generate domain name ideas. 15:36Pricing Strategies: Andrew Allman and James Iles shared their pricing strategies for the contest. Andrew mentioned pricing his domains between $1,000 and $2,000, while James is using a sub-$1,000 strategy, pricing his domains at $999 to encourage quicker sales. 30:40Outbound Sales Strategy: James Iles discussed his outbound sales strategy, mentioning that he plans to keep the pricing the same on the Lander but is open to negotiation using custom checkout links to close deals. 41:17Advice for New Domain Investors: James Iles and Andrew Allman provided advice for new domain investors. James emphasized the importance of being prepared to pivot strategies, while Andrew highlighted the need for grunt work in both finding and selling domains. 44:38**Remember to always do your own research and that these podcasts are provided for educational and informational purposes only and do not constitute investment or financial advice. Always do your own research.**