Previous Posts!
1. If your new to the domainer world, I would like to suggest that you start you domain portfolio building slowly! Buy only a couple of domains on a daily basis, don’t just decided to spend 10K, and be hell bent on spending all of the money in one week, as domains are dropping everyday.
2. Some people suggest that you focus in niche areas like financial or, web hosting to name a couple I suggest to be a bit more diversified than that, take on a couple of different niche’s or no specific niche at all
3. Auction websites (snapnames.com, namejet.com) these are excellent sites and companies to work with ( I worked at snapnames.com for over 6yrs ) and I can tell you these companies are very concerned about their image so they will not try to shill bid against you, or do any other type of bidding shenanigans
4. Domain auctions explained: Companies like snapnames.com and nameject.com and godaddy.com they all sell domains from either their registrars or registrar partners after the domain has expired. The prior owner of the domain has well over 35 days to renew their domain after their domain has expired. The registrars instead of deleting a domain basically put the domain up for sale, this is a very profitable business model for the registrars, so be warned you need to stay on top of where your domains are registered and when they expire, a simple excel spreadsheet would work nicely in the beginning.
Myths about domains:
1. A domain with a dash‘-‘ makes the domain not valuable! WRONG! In some instances it can make a domain more valuable as search engines treat the ‘-‘ as a space so a domain like scented-lotion.com worthless because it has a hyphen? The hyphen helps break up the domain into nice readable words, and is perfectly reasonably suited to be added to your portfolio. Will the above domain make lots of type in traffic? It’s hard to say but as I’ll discuss below PPC (Pay Per Click) is not the only domain strategy you should employ!
2. All of the good domains are already taken! Not true at all if that were the case snapnames.com, and namejet.com, and godaddy’s tdam websites would not exists, a demand exists for domains period! Can you buy a domain for $59.00 and sell it for $20,000? It’s possible but I wouldn’t be banking on it, unless your looking at your domains as long term holds.
3. I should just buy traffic domains at Godaddy’s auction site, since the domains have traffic I can make good PPC revenue! WRONG! Traffic doesn’t equal ppc but you can’t have PPC without traffic. You have no idea where the traffic is coming from and what the people are looking for when they land on that domainname. If the domain is very generic, and it has lots of good traffic you can bet that the competition can be very high for these types of domains. For example something like candlefactory.com this is something that is easy to understand why people would be going to that webpage, but a domain like:
Taken directly from https://tdam.com on 12/13/2008Domain Name Traffic # Bids Price Time Left
mazzika.info 9662 1 $280 23H 54M
erogoo.com 5775 1 $340 23H 53M
geekblue.net 5642 21 $2,505 23H 53M
playmetal.info 4534 4 $105 23H 55M
resurse-ortodoxe.com 3452 1 $220 23H 55M
emmawatson.us 1779 1 $70 23H 53M
nycmachadojj.com 1088 1 $120 23H 54M
fish-bot.com 884 2 $26 21H 13M