You could play top trumps with some other serial domain buyers.
Him: Mine's is a six letter generic
You: Ha, ha - but it's a cc - I have a common-word combo hypenated .com!
This thread might help you with your addiction:
Repent and be saved.
Secret advice: If reselling is your ambition buy quality, not quantify. Better to buy 1 domain at $1,000 with real aftermarket potential than 100 domains that have captured your imagination (unless you have a crystal ball into the future). The only crystal ball I've ever had was an awareness of emerging technologies and even there it's a race to the registrar. Generic tech domains, not some company's new product name ;-)
I'm just wrapping up a significant (costly) dot org aftermarket buying spree. You take your chances in the domain space. Careful analysis may yield better results. I'm banking on the credibility of the .Org TLD and plan to build credible sites. Also, IMHO, .Org will serve well for subjects of international interest/concern, not carrying the "it's the U.S. baggage" of .Com.
I've not run into significant competition in my efforts, no seriously annoying bidding wars (with rare exception). That works for me. It's my observation that people are confused about the .Org space. They confuse 'non-profit' with 'non-revenue producing'. I guess United Way doesn't have 'revenue' but it moves 100s of millions of dollars, just for the asking. I think .Orgs are gems for credible information portals, communities which can be supported by affiliate relations, sponsors, etc. I also believe, deeply, in doing some good so they are well suited to my personal life mission of 'do some business, do some good'. Many of the domains, if they were dot coms, have names/subjects, that would sell in the high 6 figures. Due to current perception let's just say the prices have been modest. Go figure: Subjects like Trade, Investing, Tourism, Medication, Disease, Manufacturing, Clothing, Vacations and people have issues about whether the word is followed by .Com or .Org. Who knows? Maybe I'm the fool. Or, mabye, it's 1994 all over again and I'm the fool back in the time ;-)
Gosh, I wish I was a dot com fool back in 1994.
I was amazed as of how many future industries and products are available as dot coms with two keywords or three short ones.
You are right, it can be a rewarding investment and it will be treated as exactly this. I guess what I am trying to figure out is, to just collect the domains and let them sit or develop them and how far, obviously there are domains for emerging markets where I can not have expertise.
At some point in time though they will kick cuz the markets will, well, do exactly that: emerge.
Would you advise to contact the respective industries then and try to make aware of the domain potential?
The ONLY time I spree on a domain name is when my imagination is captured.... and I generally have 15 or 20 ideas FOR that domain, too....
[edit: typos *sigh*]
<-- 416 domains and counting. :o
So many domains ... so little time ...
I am actually thinking of starting to monitor the redemption lists etc.
Is there really money to make?
Im not talking about having 1000 or 500 domains, like some guys here :-) but just a few, that i think would be popular.
How do people sell them? just wait to get contacted, or do you sell them on auctions or what do people do?
In short...how do a domain name "junkie" earn money (Those who do)
I have a little over 100 domain names. I would only sell one, I don't like it. A few I might let go of, I only register for a year at a time. I enjoy setting up websites to see what happens and to learn new coding. It is nice to go though and see what best matches what I want. The names are already there and I have the names hosted, all I have to do is put up an index.html or simular page to get started with what I'm doing. This saves time. I'm more interesed in names I enjoy that what can be resold because I would have no idea how to resell other than have the name redirected to a "page for sale" site. BTW, until I use a name I have it redireded to one of my better visited sites. No one have complained yet.
I now have a "rule" about buying domain names - I am no longer allowed to buy them after 2 a.m. - I cannot tell you how many domain names gathering dust that I own as a result of a "great idea" I had at 2 or 3 in the morning ;).
|Small Website Guy|
All the really good domain names are taken.
There are zillions of mediocre domain names, so they aren't worth that much. Whenver I have a new idea for a website, I eventually find an unclaimed domain name that I'm happy with.
If there are 10,000 words, then there are 100 million two word combinations between those words, and if those aren't enough you can stick an "e" or an "i in front and make 300 million combinations.
So as you see, a domain name isn't that special unless it's a single word.
"a domain name isn't that special unless it's a single word"
There are a lot of valuable domain names out there that contain more than one word. Be they brand names, a product that can only be described with more than one word, names of locations and more.
Right. People were already saying that all the good domain names were taken mnay years ago, and then along came "Google".
When it comes to really solid brand naming, single word generic or category words are not often very memorable. They need something extra, some creative juice, to make the name really stick in the mind
For example, I'm thinking of the businesses that gained strong mind share in the "pets" and "toys" markets.
I agree tedster.
E-bay is a good example of brandname recognition using a new domain to capture imaginations and add stickyness. It was initially registered under the domain auctionweb. I think the move to change that was a very positive one. The original had a very 'new to the game' feel to it, Ebay does not. It clearly defines itself as web company but does not give too much away (no pun intended).
And there's plenty still available like "ebay" - I just bought (2 weeks ago) a previously unregistered 5 letter dot com domain with fantastic brandability.
|King of Bling|
Can anyone say tripadvisor? That's still a great keyword-based domain, yet has strong branding potential.
Back to the original post - when I go on a spree and buy a bunch for a paticular topic, I usually use a few of the best ones to create a new site, and then either hold on to the others (to keep competitors at bay) or I offer to sell them to those in my inner circle :-)
Are they all in use?
|Small Website Guy|
|And there's plenty still available like "ebay" - I just bought (2 weeks ago) a previously unregistered 5 letter dot com domain with fantastic brandability. |
And I just bought an unclaimed 5 letter .com domain name four weeks ago (for my new site that's finally going to let me make enough money so I can quit working at a real job).
With 5 letter domain names available, who would pay for keyword1-keyword2-keyword3.net?
I have 50. In 6 years I have only sold two, and one I just bought back for what I sold it for originally. All are .com and brandable/recognizable for the niche markets they would/could serve.
I am gradually building them out. It took longer than I expected. When I started buying them 6 years ago I was not worried about duplicate content issues. My strategy has changed, but all of my domains are buy/hold/develop. If its worth something as a domain, its often worth more as a website.
"who would pay for keyword1-keyword2-keyword3.net"
Lots of people LOL. Everyone has a different objective in mind when they purchase a domain name. Not every one is looking for easy to remember and brandability.
Yup. Depends on your marketing model.
I have recently turned into a Domain Junkie. Now, in fact I am planning to become a reseller from one of the Domain Registars, just so that I can get them more cheaply!
Anyone here sold a domain name for say...more than 100 times of what they had purchased for? (after the dot com crash)
Would like to hear ur feedback.
working on it. :P
I buy up good ones to hold. When I first started I ummed and arggh over adult.tv wish Id have bought it.
>>as a result of a "great idea" I had at 2 or 3 in the morning
Got bitten by the bug, been there, done that. Got marciahoo.com this week - 3 am it was after no sleep the night before.
>"rule" about buying domain names
Yeah, I'll add to that not buying BEFORE coffee or AFTER a few barley pops.
Our company gets approached by prospects who want a website and have no domain in mind. I much pefer that situation to the organization that already owns a rather second choice/third choice domain and feels committed to using it.
There ARE a lot of good domain name available and finding a good fit can be a wonderfully creative exercise.
And then there's fun with drop catching. I recently had reluctant propspect who I wanted to work with. They had one of those awful compromise domains that no user would ever be able to remember. I watched for the real one to drop - companyname.com - and grabbed it. I offered it at cost, and I signed the grateful client right there.
I personally own 20 domains or so. At one time or another, I intended to develop every one of them. Some of them would only work for me, but others, who knows.
I've recently become fond of using short but memorable phrases as domain names. Lots of these are still available - old sayings, puns, and so on. But without the concept to develop them, they could easily be a waste of money. Still, I am often tempted.
edited for terrible typing
[edited by: tedster at 10:54 pm (utc) on Sep. 1, 2004]
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