Link To Full Story: www.successclick.com
I’m sick of reading “new” comments and blog articles based on those old posts about WhyPark users (from 2007) claiming to be using Whypark and getting “blacklisted” on Google.
THE MEAT: I haven’t had one of my 220+ WhyPark.com domains blacklisted on Google since I moved them to Whypark in 2008. So keeping with my same program of adding domains to WhyPark, I wrote one original piece on my domain PRODUCEINDUSTRY.COM™, which discussed a movie “Food, Inc.” as a film that revealed some disturbing information about the food we eat. The article was only about 250 words or less, and it took me about 5 minutes to write it. (I write in a “flow of consciousness” style – meaning that I write what I remember as it pours out of my head. This is an easy way of writing, for all you domainers.)
SO WHAT’S THE BIG NEWS? Here it is:
Link To Full Story: www.successclick.com
(This blog article is entirely inspired by my friend Elliot Silver’s blog article)
Elliot Silver, who I respect in the highest regard, stated on one of his recent blog articles:
“I would much rather own one good name that I bought for $2,500 than 300 newly registered names. If you don’t end up selling them, you’re just going to double your carrying costs the next year.”
I had a different viewpoint that was too long to voice in a comment on El’s site, so I wrote this blog article answering his comment. Let me present these two different scenarios of what would happen if an experienced domain investor bought 300 OOTB (Out Of The Basket – meaning “new registrations”) domains compared to spending the same amount ($2500) on one premium domain.
If you have the stomach for details, read below:
Link To Full Story: www.mo.com
Johns Wu:
HA! You are very much correct! Entrepreneurs who heard of the Bankaholic sale often contact me on my LinkedIn, and I’ve been collaborating with people on various projects. I am far too lazy these days to do any actual “hands-on” development, but I am very active in “high-level” roles on many exciting projects.
I’ve been working on getting a GRAND SLAM in the works. My idea of a grand slam is: category killer domain + SEO [Search Engine Optimization] traffic + monetization. In the next couple years, I’m hoping to build a web property in the same league as Hotels.com and Wine.com. I’ve been in talks with domainers who own valuable portfolios, so hopefully this will happen sooner rather than later ;)
Link To Full Story: www.teendomainer.com
Late last year I added 30 or so domains that I was not going to renew or names that I did not plan on developing to Godaddy's Premium Listing service. The process to add a name is very simple you just enter the name and your price. The major drawback is that godaddy takes a 30% cut so make sure you price accordingly.
Since adding the names I have sold 4 Domains using godaddy this year. I have sold 2 just this month.
Link To Full Story: www.dnxpert.com
This week saw the launch of the first location-based leased domain name. The location-based service – that allows multiple people or businesses to exclusively operate the same domain name in different geographic markets – is pioneered by
RootOrange – the first and only company that operates a service of this nature.
Link To Full Story: www.domainersdigest.com
Most of us know that you run a very successful blog, ElliotsBlog.com and you had told me that flipping domains is the best source of income for you, why flip premium domains when you can develop them and have residual income?
Development is time consuming, and it’s difficult to convince someone (especially a small business) to spend advertising dollars on my developed websites. Although I am probably limiting my upside by selling a domain name quickly after buying it, I am taking short-term profits over long-term potential upside. I have been focusing on developing domain names of interest to me rather than developing a name just because it’s good. Financially successful development isn’t a given, and I would rather create positive cash flow on strong domain sales than keep everything and need to take on debt. However, I am building out websites to create another revenue stream that is more sustainable over the long term.
When your are contacting a domain owner, in your initial offer email to a potential seller do you include the price for the domain?
I almost always make a reasonable opening offer when asking if a person would sell a domain name. Most names I buy are purchased in private from people who have owned them for years. I am sure they’ve received countless emails asking if the domain name is for sale, and I’ve found that when I make a serious opening offer, it opens the door for discussion. Even if my offer is for less than the owner would sell it, I have found the response rate is significantly higher when I include a reasonable offer.
What is the highest dollar amount that you ever paid for a domain? And what was your highest sale?
I’ve paid high 5 figures for domain names and I’ve sold for six figures. I have a built in NDA on my domain sales agreements, so by default, most of my acquisitions and sales are confidential and go unreported to everyone but the IRS. The one thing I really don’t discuss with anyone is my revenue and profits. I guess it’s the benefit of having a private business without outside investors.
Link To Full Story: www.fusible.com
Which pure domain name is worth more: Flower.com or Flowers.com? Car.com or Cars.com? If you take a look at the
Valuate.com appraisals, the numbers point to the plural. Flowers.com is appraised at $45 Million, its singular appraises at just over $1 Million. Cars.com appraises for nearly $16 Million, while Car.com goes for just over $10 Million. Investors and buyers seem to place more emphasis on the plural, and typically when we acquire a name, we prefer to purchase the plural over the singular.
Link To Full Story: morganlinton.com
In the case of USBMemoryStick.com which I purchased at TRAFFIC in Las Vegas I know exactly what my target visitor is looking for – USB Memory Sticks. This is one of the things I really loved about this domain – it describes exactly what the visitor wants so I know what products to sell! I was able to quickly develop this into a product site – the whole project took a Sunday afternoon and there will definitely be more revisions and of course more products added in the future.
Link To Full Story: www.wired.com
ICANN is nominally in charge of the internet’s policy around site names and addresses. It sets the rules on who can sell domain names, what language domain names are in, whether a domain name violates someone’s trademark and how people find their way from those names to the numerically addressed servers that host them online. In a system that works by connecting the world’s computers together, ICANN is oddly both powerful and powerless.
Beckstrom is in many ways the online equivalent of the mayor of Switzerland, with an arsenal of peacekeeping tools pretty much limited to his reputation.
The agency was chartered as an independent corporation by the U.S. government in 1998, when it wrested the net’s root file from net pioneer Jon Postel. And the Commerce Department has kept close (some say too close) a watch over it ever since.
Beckstrom became a known quantity in D.C. after a year stint running the National Cyber Security Center in the Department of Homeland Security. He was hired as ICANN chief in July 2009, in no small part for his D.C. connections, which ICANN hoped would convince Washington to trust it.
That plan paid off on September 30, just months after his tenure started, when ICANN and the Commerce Department inked a new operating agreement that declared that “ICANN is independent and is not controlled by any one entity” and that reviews of its performance will be done by the global internet community, not just the Department of Commerce.
Until then, the agency was closely controlled by the U.S. government, to the point that it required daily federal sign-off on changes to the internet’s root file, which tells the world’s computers where to look to find authoritative addresses.
Link To Full Story: selfmademinds.com
Many moons ago my
tattoo site used to get 30,000+ visitors per day, like many of us building sites in 2002 a hyphen was recommended to separate the words in the domain name so Google could see the keywords, I opted for www.tattoos-by-design.co.uk which looks spammy but ranked well and was a good site, around Sept 2008 Google started pushing the geo location thing and ever since then having the site on the .co.uk domain has been an issue, before the site ranked nicely in Google.com but in the last few years the site didn’t feature in Google.com but would dominate Google.co.uk. All makes sense now and if I’d have originally built it on the .com the issue would never have come up but hindsight is a great thing.