Archive for the ‘domain company’ category

Random Thoughts on Domaining

December 23, 2010

I usually read the DN Journal’s weekly sales list. In my opinion, I feel their weekly sales are prepared to brag about domain companies and private domain investors. Many domains on that list are not as appealing, and are over valued. I wouldn’t pay 10%
of the cost to acquire any domains on that sales list.

In the past, a few worthy domains changed ownership, which I believe were well worth the cost. I don’t how companies can afford to pay high
prices, and then let such domains do little to make them revenue.

One lady, in particular, purchased a domain for mid 5 figures. She
now points the domain to a site that generates less than 900 unique
visitors per month. I can prepare a sales report with graphs to
prove the benefits of using a web directory to reduce advertising
costs. It takes skill to determine the price of a domain.

Whereas, several domain tools exist online, a broker has to weigh many
factors to set a good price. I had conflict with posters that assumed I was a random person who never made a sale. You’ll be surprised on how many domain posters will fight with you on ways to determine value. They discredit domain stats as an appraisal
indicator, but then build value into organic searches. How else can
a price be set without factoring-in the age, keyword results and
monthly results, and backlinks?

I tried to relate to these domain
investors who shoot down the preceding stats as irrelevant
indicators to set a domain’s value. However, I have enough
experience with chatting with elite domainers and selling domains
to know that their advice is one-sided. Organic searches is not the
only factor that makes a domain valuable.

A month ago, I challenged
a domain with only a hundred searches a month. The blog owner is an
industry leader that owns thousands of quality domains, but many of
the posters are clueless, or locked into their own domain.

More than likely they probably sold domains, and understand the domain
industry very well. I sense the posters don’t want new domainers to
learn because domaining is like a pyramid scheme. If newbies don’t
know what to buy, they waste thousands upon thousands on acquiring
bad domains.

Stats interpret a domain’s value. If keyword results and searches had no meaning, then Sedo would not have a price suggestion tool, and appraisal platforms would be nonexistent on
the net. Many aged domains that don’t have sites linking in, backlinks, a Google Page Rank, and unique traffic depend on keyword stats.

However, your domains don’t need performance stats to be
successful. But, domains do have major importance when they
generate unique traffic. I don’t own any domain that generates 1,000 visitors a month. It’s not easy to build that type of
traffic. I can write 1000 articles on this blog, and will never produce more than 500 unique visits a month.

Many companies are not
going to purchase a domain based only on its organic value. If domainers listen to these posters, they will walk down the wrong road. I rarely find good advice on blogs. On the contrary, Elliot’s Blog is a quality blog with professional domain tips.

When I started to ask more questions, many domainers scolded me, assuming
I was trying to gloat. On Domaining Mojo, I share information to help people become successful. I also have an opportunity to promote a few new domains and affiliate programs.

To date, I have never scored any affiliate deals or leads. It’s not easy making money with domains unless you know the right people and have
persistence to battle through obstacles to make it past hardship.

I presented 5 figure domains to companies that could afford them. I
didn’t get as much attention as I hoped to make a sale. These domains are owned by another elite domain investor.

I also look for buyers on domains that others want me to sell. My goal is to find the right person that is interested in a particular domain. I can assure you that if you keep failing at selling, you will find your groove in domaining.

Every time you fail, you will make adjustments to deliver better results the next time around. Selling is the
hardest part of domaining. Once you conquer the selling aspect,
then it will be smooth sailing.

Buying domains is not as hard as
many make it out to be. I’m finally getting clicks on a few domains
that never generated any traffic. NYCDatingWire.com (worthless in
appraisal value) earned $1.60 off 1 click yesterday.

You never know which domain will produce the next big click. Back in the Summer, student loan domain got a few $10-$20 clicks. Go Daddy determined that my traffic was not organic, so they close my parking account down. If you list your domains on selling platforms, people are
going to visit the site. In my opinion, I feel that Sedo and Go Daddy’s parking accounts restrict you from building traffic.

However, I never had any problems with Sedo’s parking. I never made
much using their parking account, and feel that landing pages with
ads will never attract repeat visitors. I boosted my traffic using
Why Park’s domain apps. People find my domains through my shopping
apps, the business listings, You Tube videos, games, articles, and
hotels.

In essence, the DN Journal’s weekly sales report is interesting, considering that many domains on the list are not
worth a fraction of the final sale. The three domains I presented to many companies are just as good as any on the DN Journal’s sales
list. I haven’t attracted any attention to the domains.

I debated one company on their response to one of the domains that is 1000 times better than their business site. They suggested that any domain can’t be developed into a site that is better than the entire niche category. I challenged the owner with a slough of
information, and he then finally agreed with me.

I lacked selling skills back in February, but I understand the domain market enough to make a sale. It will only take me 45-50 domains to make back the
cost of purchasing 810 domains. The domains I sold are not even my best. People are actually typing-in the exact name of my .com domains.

For example, customresumeservices.com,
resumecoverlettertemplates.com, taxischools.com,
leathermanbags.com, and empirestatehotel.com are typed-in exactly as they appear. A company would benefit from having such domains that people will type-in directly in their search bar, or as keywords in search engines.

Don’t get discouraged if a company
declines your domain. Most businesses are tight with their money during the end of the year, as well as around the holiday season.

If own generic domains, or two word domains specific to a niche
such as ____jobs.com, ____hotels.com, ____degree.com,
_____degrees.com, and other names, you will be able to make a sale. You will have the same success with niche markets, and GEO domains. I will be looking to sell LasVegasEscortService.net in the upcoming
year.

I plan to push the following hotel domains with more than 1,000+ popular monthly searches: NewhallHotels.com
StevensonRanchHotels.com CanyonCountryHotels.com GilroyHotels.net
QueensHotels.net SuisunCityHotels.net SantaMargaritaHotels.com

Domains with 1,000+ local monthly searches are eventually going to
attract attention. It’s only a matter of time. You can always sell domains in lot deals. That will give you a chance to move more domains.

Good luck on making sales in the next year. Merry Christmas & Happy New Year!

Word Press is frustrating. The missing button makes it hard to revise posts or to publish posts. I have to revise posts using my IPhone. Any tips would
be helpful. Thanks.

Advertisements

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.

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!

Life is never simple

August 25, 2010

Before I started domaining, I already knew that you should never share any personal information with another stranger. What I soon discovered is that when a deal goes sour, people will try to use the information as a way to ruin you.

One deal went South after a disagreement. I noticed that when you share anything regarding your money struggles, another person will use that to their advantage.

Never ever share any personal information with a buyer, unless you’re working for the person on a daily basis. Treat every deal professional. Leave out the personal facts, history, and information.

Competitors, businesses, and people that have a falling out will try to ruin each other. I ensure you that people will go out of their way to create conflict. There are many businesses that are cutthroat, unethical, and unprofessional.

Life is never simple. Learn from other peoples’ mistakes to save yourself problems. The domain industry is full of shady people. Many website owners will step on people, with no care in the world as to whether it causes another person harm.

Domaining is a risky business. You have to be alert when you engage into any transactions, especially when you’re dealing directly with a buyer. I would rather use Bargain Domains and Sedo to complete a deal. You can make life easy when you learn from your mistakes.

Using Sedo to complete domain deals

August 25, 2010

I recently experienced some major backlash. I tried to use Sedo many times to complete a particular transaction. Because I didn’t use Sedo, I’m going through a disaster.

As we all may know, Sedo has a great transfer department. They also feature some of the best domain names in the industry. Their auctions attract worldwide attention, as well as Marketplace auction.

I once completed two separate deals on 2 domains. Sedo took care of the transaction in a matter of a day,

I have been venturing outside of domain companies to sell domains. My last deal for several domains was a success. However, that deal is in disarray. I wanted to Sedo to perform the transfer. Instead, the buyer kept pushing to do the transfer himself.

The transfer of the domains could never be performed. I contacted the buyer many times to put in the EPP code to transfer the domains. I arranged invoices, detailing the terms of the agreement.

The buyer accepted the two domain deals in the e-mails, and also paid for the domains using PayPal. Because there was some issues with another project he wanted me to do, he now wants a refund for the domains.

The buyer mentioned that the domains never changed ownership, so the domain deal never went through. However, he agreed to the terms in the e-mails and in paying the invoices that contained the agreement.

At the beginning, I tried hard to ensure that Sedo facilitated the transaction and conducted the transfer. Now I’m going through a slew of conflict with this owner.

To make a long story short, don’t deal directly with the owner. Commission Sedo to help ensure a smooth transaction. You never now when a buyer will try to create problems for you in the near future.

Save yourself the trouble with taking a chance on a buyer. Check out Sedo. They will prepare the contract, take payment from the buyer, assume ownership of the domain, and pay you for the sale. In the end, everyone is happy and you don’t have to worry about a buyer creating conflict.