Archive for the ‘domaining’ category

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January 28, 2011

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Selling is always at the center of attention – Don’t over price domains

January 13, 2011

I remember reading comments many posters left on domain blogs. The most popular question targets the selling side of domaining. Any person can purchase a domain name, but not everyone can sell a domain. One common problem I see is setting high prices on domains. Don’t overvalue your domains or you’ll continue searching for that first sale.

Domaining is like a game. The goal is to sell a domain to another end-user or person. Why should a buyer purchase your domain? World Wide Media, Frank Schilling, Rick Schwartz, and many successful domain investors can set high prices because they have super generic domains, as well as an established reputation in the domain industry. They own domains that can revolutionize the Internet. Hence, they can probably form their own registrar.

When I’m searching for various domain names, I usually land on Frank Schilling’s parked page. You’ll know when you reach a domain name owned by Frank. The domain’s letters are big, and the letters reflect on the bottom. Frank owns many quality resume and cover letter domains. Recently, he sold two generic resume domains to a popular resume company. One of the resume domains sold for 2.8 times more than the purchase price a few years back.

In two years time, the resume domain returned a nice profit. Schilling’s lottery.net was another major sale that netted him more than 5 times his initial investment. Many domain posters hang around on blogs to ask selling questions. They will list dozens of domains to ask for advice. It is a common cycle in the domain industry.

Thanks

New domain investors buy many domains without determining their market value. They’ll set high prices based on what they see on other domain sales platforms. For example, Go Daddy gives domainers the opportunity to list their domains as a premium listing for a small fee. On the landing page, I find that it is all too common for mediocre domains to have 4-6 figure prices. eBay is another domain platform where domain owners think people are clueless.

Who in the world is going to buy a domain for $50 million? If the domain is not business.com, then I don’t see anyone bidding on that domain. If you want to spend that kind of money, you will have to commission a Sedo broker, or another popular website to facilitate the deal. Domain investors complain about receiving insulting offers. I find that overvaluing domains creates high expectations. Even new domain investors searching for their first sale refuse to work with a buyer to sell their domains.

Domain valuation tools disrupt decision making. If a domain appraises for $30,000, the domain owner will want $50,000. The problem with making such an assessment is determining whether an end-user will pay half the amount to acquire the domain. The most exciting part of domaining is selling a domain. It makes you feel proud of your effort when you remain persistent throughout a deal to accomplish a sale. Furthermore, buying a quality domain at a good price is another gratifying experience. Sometimes, I question how a certain domain is still available for registration. I hand register 99.99% of all my domains. To be able sell domains is a rewarding process.

If a domain investors that hasn’t made their first sale continues to overvalue their domains, they will lack credibility. A domain blog owner that informs their audience they have obvious weaknesses in selling domains will lose trust in their fans. Selling domains is a challenge. It can be an easy as receiving an unexpected offer, or as hard as not receiving one reply to 100 e-mails. When attempting to sell domain, you can’t get discouraged. Trust me, selling domains can be dejecting. That is the reason many elite domain investors use domain brokers or companies to sell their domains. They own hundreds of thousands of domain names. There is no way they can sit at the computer to email thousands of end-users.

Domain investors have to be creative. Think of how businesses advertise their products and services. You never know when you will receive an offer to purchase one of your domains. You have to be ready when a buyer surfaces. Know everything there is to know about the domain keywords, niche and the market. Selling will always be at the center of attention. DN Journal is popular because people are interested in domain sales. The goal of domaining is to find quality domains to keep as long-term investments, or to resell in the aftermarket. Buying and reselling within a year can reduce overhead cost associated with renewals.

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.

Domain Blog Posters

November 21, 2010

I took some time away from my computer. However, I did have access to my IPhone. On Friday and Saturday, I posted several comments on a popular domain blog. I found many posters there to attack my credibility as a seller.

I find it interesting that posters never read your entire post. They take segments of your post, and then use it to ridicule you. One poster noted that I’m probably a person with no sales knowledge, and one that comments on blogs all day long with no clue about domaining.

Another mentioned how keywords and stats don’t determine the value of a domain. One poster advised me to sell to an end user instead of to another domainer. In my posts, I never mentioned selling to domainers.

For the most part, I never sold a domain to another domainer. That comment was respectable. Regardless, I don’t think posters read the entire comment, or are confused about the content. Anytime they see long posts, they will attack that person for writing a novel.

One poster noted that he received a 6 figure offer and a $100 offer for one of his domains. However, he assumed that I knew little about domaining because I based appraisal value on keywords and stats. And then a poster suggested that backlinks and Google Page Rank don’t entice a buyer.

Another poster used what I wrote to suggest that I should be selling to an end user. What I meant in the post is that price matters, and that no experienced domain investor would pay a huge amount for a domain name with no resell value. I never mentioned I attempted to sell to another domain investor. I simply stated that people expect a fortune for a mediocre domain.

I used to encounter the same people when I first started domaining. There are some people that will give you good advice, and then there are others that try to ridicule you, or criticize your post to gloat about their domain skills.

The majority of the posters on the selling article suggest that keyword and stats have no value in a domain’s worth. They suggest that organic searches are what makes a domain valuable. If you’re a new domainer that wants to learn how to purchase domain names and to sell to an end-user, watch out for posters that only look to make fun of you.

I don’t mind sharing selling and buying information. I feel that people will hold out on information to maintain their success. These people are known as information hoarders, only looking to better their situation.

Visit blogs that care about your success. Beginners are searching for information to improve their buying and selling skills. Nothing is worse than a domain investor ripping off a beginner to make a huge profit. I’m sure it is a common process in the domain industry.

When domainers ask 100 times the value of a domain, there is always someone that comes along to purchase the domain. Shortly after, the buyer realizes the domain is not worth the price of registration. Now they’re stuck with a useless domain.

For the past 16 years, I have worked toward becoming a film writer. I have the education and experience to accomplish this goal. I run into many people that attempt to persuade me to give up my dream. These are people have never looked at looked at my writing samples.

What I eventually discovered is that many people don’t want you to succeed. They will do everything in their power to discredit your work. I believe the same thing occurs in domaining. There are many domainers that give bad advice to new domainers to keep them from learning about the tricks and trades of the domain industry.

I sense that domain companies also use the tactic to entice new domainers into wasting their money. In order to make a profit, someone along the line has to lose money. Since new domainers are easy to take advantage of, there is a huge market in registering worthless domain names with no resell value.

However, domain companies allow domainers to succeed because there is no pressure to purchase a domain. It is up to the domainer to learn how to purchase domain names, and how to sell them to another party. Register names that are generic. These names may be hard to find, but they’re readily available.

Rest assure, you will learn to become a successful domain investor. Don’t allow these blog posters to ridicule you. I reply back to such comments because these posters pluck out various segments of your comment to laugh at you like a circus clown.

As a writer, I can take constructive criticism, but will respond back when the analysis is misaligned with my viewpoint. Don’t worry about blog posters that suggest keyword stats have no value in a domain’s worth.

Why are end-users purchasing keywords when they already own brandable domain names? End-users are looking to capture business to reduce their advertising cost.

Is it worth paying $100K for a domain names? I think that a company that purchases a quality domain name that is elite in a niche has a plan for the future. They know that owning such a name will give them a competitive edge in that particular field.

Whenever a web user is searching for a product and a service, the company has the opportunity to generate traffic to their website. It’s the same reason companies pay to feature their commercials on major networks and in premiere print advertisements.

Be aware of blog posters that have nothing better to do than to ridicule people that are trying to help others. Only use information that will help you to reach your ultimate goal. There are some good domain blogs out there, but then there are others that attract domainers that enjoy gloating about their success.

Any person can mention they made a big sale, own a $100k domain name, and that they turned down an large offer. There are many online domain tools to educate domainers on the domain industry. I verify random domain sales with domain tools, determining whether sales are credible or a sham. I will discuss various websites in the near future.

Thanks for reading. Good luck on domaining.

Registered a few more resume and cover letter names

October 17, 2010

I have been on the prowl to secure as many resume and cover letter names as possible. I fee there will be a surge in interest for these type of domains. As much as I have been buying as of late, I need to change my focus to the selling side of the equation.

The following domains were purchased yesterday, showing you what domains I’m most interested in acquiring.

iResumeWriting.com
iCoverLetters.com
iResumeServices.com
CoverLetterWritingService.com
CoverLetterWritingServices.com
CoverLetterWriters.com
CoverLettersWriting.com
PayPer.org
CoverLetterResumeWriting.com
JobResumeWriting.com
ProfessionalHairService.com
ProfessionalHairServices.com

There are a few variations above that point to successful resume and cover letter websites. I assure you that there are many quality domains that are still unregistered. If you appraise a few of the names above, you’ll find that any with the “I” and the longer tailed domains hold no value.

Since I’m look more to the resume and job market, many companies may be looking to enter the market to expand their products and services. I have a good shot at generating revenue, while there is also potential to make a few sales in the process.

Always take the time to look for different variations, especially when many good domains are still available for registration. Good luck.

Jason Allen Goodlin

Building domains into revenue sites

October 16, 2010

Domains are like stocks. However, a domain owner has more control over making revenue with their domains than they do with stocks.

How do you make revenue with your domains? There are many domain parking sites our there, but only a few offer quality services.

I personally like Why Park. I have the ability to control the content, and the basic service is free. The clicks may not be worth as much as the 80/20 Go Daddy park share; you do have the flexibility with promoting the website.

On Go Daddy, any clicks that are due to promoting the website will violate the terms of the parking agreement. I can assure you thar if your domain name is not a generic term, you’ll struggle to generate revenue.

The best option to make revenue is to use a search engine affiliate program and or to set up an account at Why Park. Why Park has many domain apps to add special shopping and business features.

I plan to develop the domains that are performing the best. I usually analyze the stats in the domain control section. I try to determine what content is most popular on the site, and then I concentrate on adding more similar material.

Another consideration is putting up a page with Google adsense. There are many options to make money. Good lick

Reviewing Domain Performance

October 11, 2010

I have more than 700+ domains parked at Why Park. Most of the domains have various apps that relate to the domain name. I ran a report for the past 4 months, noticing that various domains are generating far more clicks than others.

Whenever I notice a few domains performing better than the rest, I usually add more content on the page. I add another shopping app, a business listing, an article, and maybe another video.

One of those most popular domains over the past several months is mobilemovies.info. I only paid .85 for the domain. I made back 20 times that amount, and still generate traffic and clicks. As mentioned in the previous post, 1932quarter.com and TicketNUB.com are becoming popular new additions to my domain portfolio.

While TicketNUB.com is worth nothing in keyword value, the domain has already made back the cost of registration in a matter of 2 months. I think that the domain is quality enough to develop into an actual ticket site that I can pair together with BoxOfficeTicketSales.com and BoxOfficeTicketing.com.

If you have any domains parked at any of the popular domain companies, review the stats to determine which domains are performing better than the rest. This will help you understand what people are searching for on your sites. You can make adjustments such as changing keywords, or adding more keywords. Thanks.