Friday, March 21st, 2008
The more I look around, the more I learn that the domain name business is big business.
As I told you yesterday, I am trying to scoop up a bunch of different extensions for the domains I already have. It’s working out pretty well, but I have hit a little bump. I already bought up most of the available ones and now I have to enter the market of second (or third) hand domains. That is when it gets expensive.
Let me give you a little example…a guy called me a few years ago to offer a .com domain that he was selling. This was a hot name and he was looking for $50,000 for it. I almost started laughing when he told me that. I think I offered him $300 and went off and did something else. As it turns out, I am kicking myself. I have a feeling I am going to be seeing this domain in action soon because someone out in Las Vegas just purchased it at auction for $135,000. Why was, or is, it worth so much? Well, it was first registered in 1996, so it has some age. Also, it rolls off the tongue extremely easily and is two very powerful keywords. It’s also quite descriptive. Those things alone give it a lot of value. I talked to the seller last night and he mentioned that he does have another .com for sale that I would be interested in. He wants $50,000 for it. This one is definitely not worth what the other one was, but it does give me pause. Honestly, if you can get a well known .com that was born back in 1996, $50,000 is not too much. You do need to do a little research first.
Yesterday, I put a bunch of bids in for multiple .com and .net addresses. I did receive an email back telling me I could buy a .net for $2,688. I am going to have the name appraised today to see if it has been blacklisted or anything like that. I believe it was first registered back in 2002, which isn’t bad.
What’s the benefit of purchasing a used domain name? The answer is Google. Google likes “aged” domains. You can set up a site and not have to wait for Google’s aging filter to do its thing. Also, there may be links to the domain already. So basically, if you get a used domain, you could set up a site and have it indexed very quickly to start making money fast.
I am going to buy a few more today and then call it quits for a while. The guy I spoke to last night is also looking for $50,000 for a little known extension that will become very popular. This is for the same domain as I was talking about above.
What I do know is this…if I buy a bunch of these names now and sit on them for a few years and let them age, I can send them to auction and sell them for some $$$. From what I have been learning, I do have quite an investment already. Just remember…if you are going to get into this, you need to buy domains that people will actually want in a few years. I am not sure how many people would be interested in kwaree.com. There are also huge price variations with what the name consists of, like one word, two words, hyphens, etc…
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Thursday, March 20th, 2008
I have been purchasing quite a few domain names lately. At last glance, I own 78 of them. Over time, I am taking any confusion out of who owns the real domain by scooping up as many different extensions as I can. I have noticed a disturbing trend of domains being bought and sat on…or cyber squatted. Well, this has been going on forever, but now they are buying even the not-so-popular ones. Little by little, I keep on buying them, until I have them all. Sure, it may take years (it already has), but I will get there. I check what’s available every so often.
I do limit myself to the more popular ones though. I go after .com, .net, .org, .us, .info and .biz. I also grab often mistaken spellings of the same extensions. Some may think this is a bit extreme, but I have stopped listening to people. My extremeness has gotten me this far.
Anyway, today I bought eleven new domains. They were .info and .biz. As I shop for these things, I often wonder what they mean. Are they for specific purposes, like they used to be? I will admit, the requirements to purchase a particular domain extension are becoming quite relaxed. I learned a bunch by looking through the list of internet top level domains.
If you take a look at this list, you will notice that extensions that used to be for a particular purpose is now open to everyone. The .govs are still for the government though. I think that anyone can buy a certain domain extension, but if challenged in court, you need to provide proof that you are what the domain is meant for.
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Sunday, December 30th, 2007
Technology Consumers Got More Choice in ‘07
In 2007 The computing world revolved around Microsoft, your wireless carrier controlled what your cellphone could do, and the record labels locked your legal music downloads with software to limit what you could do with them.
Spicebird a Mozilla-based collaboration Outlook killer
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5 Things You’ll Love About Firefox 3
Firefox 3 Beta 2 shows some nifty new tools we can expect in Mozilla’s next browser
The Flexibility of Open Source
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36 Startup Tips: From Software Engineering to PR and More!
This is a collection of startup tips covering software engineering, infrastructure, PR, conferences, legal and finance. They describe best practices for an early-stage startup
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Monday, October 29th, 2007
This is getting rather entertaining. Well, I think it’s entertaining because nothing beyond some sites losing PageRank has happened yet. I don’t think anyone has lost any traffic. One thing is for sure, there are more than a few people who have lost faith in the whole PageRank thing.
I was reading this great article today called, “Google Drops PageRank For Many Sites : Paid Links or New Algorithm?” It’s a pretty good read.
Take a look at the article and click on some of the links in it. Ones like WashingtonPost.com and Forbes.com. What’s really interesting is their new PageRank. They are now “5″ and “4″ respectively. What happened there? My own blog lost a point and is now a 5. So, does that mean that I am right up there with WashingtonPost? I think not. WashingtonPost has 64,300 backlinks. Ok, there goes that relationship.
There are a lot of theories out there on what happened. I think, if you are interested in the whole thing, you should start looking at the sites that gained PageRank and not the ones who lost. That’s where you are going to find some answers.
PS – Some say that “Google PR” stands for “Public Relations.” If so, Google is doing a mighty good job of it. They are succeeding at dangling the carrot out there. If you follow that logic, you would think that bloggers would be rewarded with the whole PageRank thing, instead of being the main ones hit with the latest update.
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Sunday, October 28th, 2007
[rsspara:http://www.digg.com/rss_search?search=pagerank&area=all&type=both§ion=all]
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Wednesday, October 18th, 2006
Man, I need some sleep. As you may recall, yesterday I mentioned that I set up a new web store with tons and tons of items. Well, last night and today, I completed 4 more sister stores. They compliment my classified sites. Their addresses are:
MyAutoMarket.US
MyPetMarket.US
MyCycleMarket.US
MyBoatMarket.US
This makes twelve websites that comprise the DotUSNetwork. I think I need a break.
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