Archive for August 2010

Misspelled words in domain names

August 31, 2010

It is highly important to spell a domain name right. The value of a domain name hinges on the accuracy of spelling. However, there are some high traffic websites that are misspelled wrong. There’s an actual market to finding the common misspellings.

Every person makes spelling errors. We’re all human. I find myself rushing to spell words, and notice the same errors every time. There’s one word, in particular, that I keep making the same spelling mistake on.

As hard I as try to spell “degrees” the right way, I seem to always make the mistake with typing the “w” instead of the “e”. The misspelling is quite common with weather reports and in the academic field. I decided to purchase the domain dwgrees.com.

While I always try my best to buy error-free domain names, I noticed one spelling error in my NiagraFallsNY.org. The correct spelling is NiagaraFallsNY.org. The exact keyword terms are searched for over 3,000+ times per month.

What words do you spell wrong? Have to attempted to look for that particular domain? Share your experience. Misspellings have benefited some of the most elite domain investors. Maybe I have a winner with dwgrees.com.

The most effective way to sell on Sedo

August 31, 2010

There are millions of domain names up for sale at Sedo. You may think that never you stand a chance in making a sale. Considering the variation in names and the premium domain names that make your domain portfolio seem small, you actually have a great chance at making a sale at Sedo.

There are a few strategies you can take to increase your chances at attracting a buyer. My first two Sedo sales were in result of advertising my domains on Craig’s List. Because I invested the time to write about how a prospective buyer can use a domain to generate revenue, I made a sale on the first night.

While I had a few good leads, I also received a lot of spam. After awhile, you can weed out the serious buyers from the spammers. I continued to put up many of my domains on Craig’s List. I provided the link to my domain name, which was listed at Sedo.

A week later, I logged into my e-mail, noticing that a buyer found the Craig’s List ad and bought the domain. I made two sales at Sedo using Craig’s List to advertise my domains. I eventually gave up on CL. I put in 100 times the work, and never made another sale again.

I recently sold my third domain at Sedo. A few days ago, I received an e-mail from Sedo, which notified me that I received an offer on one of my domains. I immediately logged into my account and responded to the buyer with a counteroffer.

What attracted a buyer to my domain? A few weeks ago, I removed the “buy it now” feature from all of my domains. I replaced it with a price, and a “make offer” option.

Even though Sedo recommends that setting fixed price will produce four times as many sales as making an offer, I increased my chances to make a sale with researching the right starting price and with adding a “make offer” option. If you set your “fixed price” too high, a buyer will have no way to make you an offer.

For example, a person wants to sell their car. They ask $4000 for the car. Most people may want to buy the car for $3000, but the buyer never leaves any doors open to discuss a cheaper price. If they had put up a OBO, then maybe prospective buyers would make an offer on the car.

The same scenario occurs with domain names. Research the domain to determine a fair amount. Set the “make offer” option, displaying both price and make an offer. You now give a prospective an opportunity to make you an offer for the domain. I don’t like when people put up only a “make offer” option. I don’t have a clue what the owner wants for their domain.

I may insult the buyer if i fire off a small offer. I could also make too high of an offer when the buyer was looking to sell the domain for less. Negotiating with the buyer is easy. They will usually make you an offer for 40-50% of your asking price. You’re goal is to entice the buyer with lowering the price.

The buyer may ignore you at first, but keep them interested in the domain. You have wait it out after you make your first counteroffer. Thereafter, you may consider making another counteroffer. If you don’t hear anything, wait a day to send one last offer. The buyer will likely respond with an offer.

If you like the offer, accept the amount to close the deal. You can also push the domain into the marketplace auction. If I had more time and the luxury of funds to wait, I would’ve considered the auction. However, I was content with the offer I received for the domain.

The best strategies to selling your domains on Sedo is to set a fair price with a “make an offer” option, and to advertise your domains on a free Internet advertising website. Always provide a description of the domain name, and give a prospective buyer some advice as to how they will benefit from acquiring the domain.

Check the advertising website’s policy on whether you can provide links to the domain name. Lastly, you can park your domain at Why Park. Input a price, and supple a link to your domain at Sedo.

In addition, you may want to consider spending a little money to feature your domain on Sedo’s front page. Keep in mind that you must set your price within reason and to give the buyer an opportunity to negotiate. I find that set prices are like shopping centers that sell regular priced items.

In order to make a sale at Sedo, you have to be proactive in trying to promote your domains. There are millions of domains that are up for sale. It’s really tough for people to find your domains, especially when they may not know where to look. Cover every angle to entice buyers to purchase your domains at Sedo.

To buy, or not to buy – .co

August 29, 2010

Many domain name investors and news blog have generated heavy traffic based on the new .co extension. There is either conflict involving the value of the extension, or praise given to the .co representing a long-term investment. At $30 per domain, the high cost is keeping me from registering additional names.

On the first day the .co was made available to the general public, I registered 4 .co domains – one on my hometown city, one on a famous tourist attraction in the Bay Area, another on a famous park in NYC, and a three character .co domain.

On one blog, one .co supporter continued to make predictions that the .co would overtake the .com as the more valuable domain extension. However, I don’t see the .co as the better domain. Speculators try to persuade others into believing that every new extension will better than the .com.

The .co is an interesting extension. There are a few .co names that I want to acquire, but I refuse to the pay the high cost. There’s no possible way that I’m going to spend a $1000 on a .co, especially when I can register 150 .com domains that I can flip in less than 6 months.

Domaining is about flipping a domain in the least amount of time possible. Most domainer investors look at the long-term value of their domain name portfolios. They try to develop names that can generate traffic, while also looking to flip their more valuable names in the aftermarket.

It helps to have a few regular buyers in mind. When registering new domain names, try to focus on the business aspect of the domain industry. Who is going to need such a name? There are two popular business that I have found to be quite beneficial to me.

How do I find the best domain names? Essentially, I developed a system in knowing how to piece together the right names within a specific field. The process is like writing an essay on a specific topic. What two words go together to communicate the field. The easier are job-related domains. However, most of the .com job domains are already registered.

I did manage to register grantwritingjobs.com almost 6 months ago. I feel that there will be interest job domains. I’m hoping to move a .us job domain on a popular field. I registered various extensions on jobs, but haven’t considered spending $30 to acquire a .co.

I would rather invest into the .us. The .us is a great buy at $3.99, which many valuable names in the extension are unregistered. If i can negotiate a current deal, I can make the second .us in a matter of a week.

Some .co advocates determine the .co as a shorter and more valuable extension. The .us is also a shorter extension that makes some names look more appealing. I recently registered onthejobtraining.us. I’m sure there will some demand for the domain.

I tried a few times to move Pier39.us. It seems to be a tough sale, considering that the .com practically owns every website in the city of San Francisco. Most businesses in that area are already receiving backing from the .com.

The .co is a nice extension, though, I have to admit that it’s too expensive for me to consider register more than the four .co domains I already purchased back in June. I would rather avoid taking any risks on the new extension. I’m sure that many domain investors will make a nice profit with the extension .

As for me, I’m looking to score more flips on the .com extension. Owners never challenge the credibility of the .com. The only activity involved in the process is trying to negotiate the right price. The .co appears to be popular in the domain communicate, whereas the general public is still new to recognizing the domain extension.

Should domain investors buy the .co extension? It’s up to the discretion of the domainer, whether they plan to develop the domain or flip the domain for a small profit. I’m sure there are so good names in the credit, loans, law, health care, insurance and many other fields.

I wouldn’t go out and buy a 100 .co domains, because if you expect to make a mega profit in the months to come, you’ll be disappointed with the outcome. The strategy to domaining is to buy all extensions that compliment the keywords. Always have a buyer or a company in the mind. For the most part, products and services have equal influence in business.

If you find a nice .co domain, don’t wait to register the name. Try not to invest too much into the extension, as anything can decrease the value of the .co extension. Maintain a budget on how much you want to spend on registering new domain names.

Will the .co extension become valuable? It is really up to the end-users? Only time will tell the tale of the .co.

Located a .net domain of a .com Frank Schilling owns

August 28, 2010

A few days ago, I located a .net domain that was product related. I had a feeling that this domain would be a nice hand registration. I decided that I should not wait to register the domain.

I never thought about who owned the .com version. To my amazement, Frank Schilling owns the .com. What I also discovered is that this domain must be earning revenue. Why?

Usually I come across domains that Frank owns. Most of his domains are usually up for sale. However, this particular .com is parked, and not available for sale.

That makes me feel confident that there’s future potential for this domain. The domain’s stats are 1,110,000 average keyword results, 5,500 monthly popular searches, and $1.34 CPC.

I own a few .us in which Frank owns the .net. Now I finally located a .net in which Frank owns the .com. I think the domain is a nice find at the cost of registration.

Never underestimate your ability to locate new domains with nice stats. Good luck!

The .co dilemma

August 28, 2010

Why is there so much hype on the .co extension? There are several blogs discussing the value of the .co, as opposed to the .com.

I really don’t see why a number of domainers are assuming the .co should be worth more than the .com. In my opinion, the .com will always be the king of all extensions.

A few domainers are trying to convince the domain industry that the .co is the best extension to come out since the .com. What I’m sensing is that there will be a number of huge sales in the next few years.

However, please careful not to invest your entire fortune into only this one extension. Don’t forget about the .us. The .us is a nice extension that is in constant demand. I recently acquired a few nice .us domains.

The .us generates a nice appraisal value. You have to be careful with buying the .co. I’m not trying to persuade you from buying the.co.

If you plan to invest into the .co, consider looking into keywords that have high CPC. These domains will make you money.

Registering one word or 3 character .co domain names may help you to make a fortune. On the opposing side, you could lose a yon of money from high registration fees.

I don’t agree with the high cost of the .co. With a price tag of $29.99, renewing 100 .co domains will cost you over $3,000+.

The .com extension is affordable, and has a long history. I trust the .com. Every time a buyer rejects a purchase, it’s usually in result of not having the .com.

The .co is still a young extension with room to grow. It will take a few big sales and a price reduction to increase interest for the extension.

As for now, the .com will remain the king of all domain extensions. .co will need to look into alternative measures to compete with the other extensions.

Maybe Privacy is worth having on my domains

August 26, 2010

Yesterday I prepared a post on taking down domain privacy. I have a few hundred domains that have privacy, while the others do not have any privacy. I opened up my e-mail account today, noticing that it’s going haywire.

I’m receiving dozens of returned mail that I never even sent. Some are even from companies that we do business with on a daily basis. I received a few returned emails from my contact address list. These are from people I haven’t talked to in about three years.

What an odd situation. I received a message from the gas company, stating that they will reply to my message later. The same exact problem occurred with eBay.

These are messages I never sent. It seems as if someone is trying to attack my e-mail box to make a point about the importance of maintaining privacy controls.

I’m receiving auto-generated messages in my email box, which is now overloaded with spam. Not even the spam box can filter out all the bad mail. In order to get free privacy, I have to place an order for 5 domains or more.

Adding privacy to domains without utilizing the free option can be very expensive. Since I was frustrated about a botched deal involving privacy, I managed to voice my frustration out on taking down privacy.

However, my e-mail box is flooded with spam. It seems as if the e-mail account itself is sending out mail to people in my address. Hopefully i didn’t open an e-mail with a virus in it. It’s an odd situation.

I would actually recommend privacy. Just make sure you remove privacy before initiating a transfer to another registrar. Whenever you transfer domains between two Go Daddy accounts, all services that are attached to the domain will be canceled.

If you have an opportunity to order privacy, I would recommend it. The constant spam mail overage may be due to my post about taking down privacy.

Put up privacy on your domains. If someone is interested in buying your domain, they will send you a message using the e-mail attached to the domain. Privacy sure does matter.

Score a cool flip lately?

August 25, 2010

I managed to push a few domains at Bargain Domains. The new auction format is much more efficient, especially when domainers don’t have to wait for an offer. Lately, I have been finding it hard to flip a domain.

The domain industry has been an up and down rolling coaster ride. There are times when I feel that I’m doing good, and other moments in which domaining is an uphill challenge.

The 60-day transfer rule makes it hard for me to push good domains right away. When I locate a few good names that I can sell right away, I have to wait to offer them to a buyer or to post them up for sale.

I assume domaining is scoring a quick flip in a few days, week, or in a month. If you have to wait two months to transfer a domain, your sale will qualify as a flip. However, scoring a flip is not as easy as others make it seem.

In order to flip a domain, you have to put in some serious work. For the most part, you’re not guaranteed to flip every domain. I would recommend that you buy good domain names that have commercial value.

What is a good name? A good name is one that’s a generic term, or one that is specific to a product or service. As 3 character domains are generating major sales, there are still a dozen 3 character .co names still available.

Generic hotel names are popular. City of “name ” can probably produce a flip. I would invest into good .com domains. “City” hotels.com, “City” restaurants.com, education, services, credit monitoring, medical, counseling, medical treatment, online products, books, rentals, and much more.

I’m sure you asked many blogs many times on what names are good. They will usually respond with a vague answer, or just ignore the question altogether. Term word names that are specific to hiking, camping, auto parts, and cake seem to be popular in the aftermarket.

The .com is always an easy sale, whereas the other extensions require more work and convincing to push. If you want to score a flip, don’t get too attached to your domains.

In the domaining world, every domain is up for sale. Your main goal is to flip a domain in the least amount of time as possible without incurring registration fees. Only register your domain name for 1 year, which will give you 1 year to make a sale.

If you find a real good domain name in an auction or a fresh new drop, you can register the domain for a longer period of time. I look at domaining as a quick sale, whereas domain investing is long-term.

If you scored a flip lately, leave a comment.