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10 Mistakes New Domainers Should Avoid Making

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The saying goes “You’ve got to start somewhere”, but in reality some places are much better than others.

Trust me, I of all people understand being excited, pondering the limitless possibilities, and the rush of making quick money. However, when you are first starting out, you risk losing everything if you go about it incorrectly.

To increase your chance of becoming and staying a profitable investor, you should take this list into consideration.


Mistake #1 – Shoot First, Aim Later.

The absolute biggest mistake you can make as a new domain investor is buying domain names before you have a solid grasp on valuation. You may want to start by reading: The Ultimate Guide to Developing Valuation Instincts

It’s very likely that all the money you spend when you first start will disappear. You are better off throwing that money into a pit of fire or flushing it down the toilet. Why? Because at least then you wouldn’t be filled with false hopes of seeing it again.

So, instead of throwing your money away, start saving it. Create a separate bank account and every time you have the urge to buy a domain name, put the money into that bank account instead. That way, when you are TRULY ready to start investing, you can buy higher quality domain names.


Mistake #2 – Mr. & Mrs. Know It All.

I was the same way when I first started, I already knew everything, duh. How dare those wiser, smarter, more experienced investors tell me how to spend my money? What do they know anyhow?! Well, it turns out they were right. And they were trying to keep me from making the same mistakes they did.

“Take the cotton out of your ears, and put it in your mouth”. You don’t know it all. No one does. Don’t let your ego get in the way of you making a living buying and selling domain names. Take the advice of the most seasoned investors. They have been through it, and they are kind enough to offer their advice to you. I still reach out to more experienced investors and ask their advice, why? Because they know more than I do.


Mistake #3 – It’s Premium, Bro.

The term “premium” gets thrown around more than a (insert crude and shallow joke here).

In reality, less than 5% of all the registered domain names on the entire web can be, and should be considered premium. Just because you think it’s premium, doesn’t mean it is.

We all want to own premium names, but not all of us have the ability to do so. For our industry to be taken seriously by the masses, we must first respect the domain names in our industry. Use the word only if the domain matches it.


Mistake #4 – Hiding Behind a Mask.

People do business with people. Let us know who you are, we want to get to know you. I’m not saying to put your last name and social security number on blast, just a first name, a photo on your profile, and some contact information. This industry is about creating relationships – and that all starts with building trust. No one likes to do business with someone who seems to be hiding their identity. It’s creepy.


Mistake #5 – Picking Fights.

It’s one thing to have a heated debate, and it’s another to run your mouth to the point where you are cast out. Be respectful of your peers, they are in the same line of business as you are, and you may eventually need their help. Why would you want to limit your resources in an industry where quality resources are an already rare thing? Be mindful, considerate, friendly and respectful of others. It’ll get you much further.


Mistake #6 – Spamming Other Investors.

This one will get blocked on every level. It happens way too often; newbies will send out bulk emails, include everyone’s email address in the CC and try to pitch something like: “PigeonShit.Tornado is a SUPER PREMIUM domain at auction, only $50,000!!!!!!!!!!!!!! BID NOW!!!!!”. Then follow up every 36 seconds with another email. Cut it out. They don’t need you to blow up their inboxes telling them about your domain name being at auction.


Mistake #7 – Hi, My Name is Unprofessional.

Before you ever start connecting, make sure you have a professional presence. No one wants to do business with Harry the Hobo. Ensure that you have some social media profiles, with proper information filled out, and a nice profile photo. The more you come across as a stable, high-integrity professional, the more seriously you’ll be taken. Save the bong-ripping photos for SnapChat.


Mistake #8 – Overpaying for the Domain Names You Shouldn’t Have Been Buying in the First Place.

Overpaying for domain names when you first start (or ever) is a big no no. You shouldn’t even be buying domain names yet, and you just buried yourself in an acquisition that you will likely never get out of without taking a sizeable loss. Take a few steps back, put that money in the bank. You do not need to buy a domain yet, let alone overpay for one! You’ll regret it, and you’ll end up taking a loss, hurting your domaining self-esteem, and likely stop investing altogether.


Mistake #9 – Taking the Word of a Valuation Tool.

Valuation tools are not the end all be all. You cannot just place a value on a domain name because an algorithm told you. Albeit, there are some excellent tools at your disposal, but they are meant to guide you on your valuation journey, it’s not a one-stop shop. You have to take into account numerous other metrics before you can conclude a value range for your domain name. Sometimes computers get things wrong, and that’s why it’s up to the human to do the research and compare it to the computers valuation. If you find that both the computers valuation and your research field a number that are along the same lines, then you know you are onto something.


Mistake #10 – Jumping on Bandwagons & Buying Into Hype

There are so many marketing campaigns thrown around daily that you don’t even know what’s real or not anymore. Take a step back and do some much needed due diligence. Just because someone says a new TLD is going to be the future, doesn’t mean it will be. It doesn’t mean that all beliefs are false, and you should avoid all hype – it just means that you must do a ton of research before believing something. Make sure you dive headfirst into your research before spending a penny on your investment.


In Summary

At the end of the day, it all comes down to knowledge, integrity, hard work, and most importantly, patience. If you can master those, you will surely succeed in any venture you take on.

The Ultimate Guide to Developing Valuation Instincts

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The biggest mistake any domain name investor can make is buying a domain name without having an understanding of its value. And sadly, we have all done it at some point, and some are still doing it daily.

No one can truly get domain valuation down to the penny as it’s always about the situation, the potential buyer, the sellers needs, and opinion. However, you can learn how to develop your valuation instincts so that you can properly place their value into a potential range. That way, you never overspend, and you always find a way to squeeze out a profit – or at the very least, break even.

So how do you build uncanny valuation instincts? A lot of hard work. If you are not up for the challenge, I suggest you stop reading this post now. But if you dare to proceed, it will change the way you view domain name valuation, and hopefully, make you a profitable investor.

Here is what you will need:

1. Index cards & a pen – or use a detailed spreadsheet. I suggest both.
2. Time
3. Focus & Determination


Step 1: The Top 100 Sales of Every Year

DNJournal has an archive (don’t worry, I’ll link you soon) of all the top 100 reported sales for every year, dating back to 2004. Your valuation journey will start here.

Bust out a stack of index cards, and get your pen ready. Starting in 2004, you will want to write the domain name on the front of the card, and on the back write the following:

  • Sale Price
  • Type of Domain: One Word, Two Words, Three Words, Brandable, LLL, LLLL, so on.
  • Type of Keyword: Generic Word, Product, Geographic Location, Made-up Word, Acronym, so on.
  • Category: Travel, Business, Generic, Shopping, Health, Finance, so on.
  • Search Volume / CPC / Age (Use Google Keyword Planner or EstiBot for Search/CPC, and ICANN for Age)
  • Length (how many letters/numbers/characters)
  • Brand Ability (Could just about any company use this domain? Rate from 1-10, 10 being anyone can use it, 1 being very limited usage)

You can even take it a step further and write down the venue they were sold at, and check to see wether it is developed (end-user sale) or sitting parked somewhere (investor purchase).

Take your time, the more in-depth you get, the better your valuation instincts will become. You will want to do this for all 100 domain names, in every year, one year at a time until you have memorized each card. Use a partner, spouse, or a friend to help you if you need.

Here are the top 100 sales of every year since 2004:

Once finished, you will have a supreme understanding of the valuation of premium domain names. But what about the day to day sales you ask? Well, here is step 2.


Step 2: Weekly Sales Columns

You will likely never quite finish this particular pursuit. But if you do, this is the step that will truly make you a valuation guru.

Dating back to 2003, DNJournal provides a weekly sales column of just about every reported sale that has happened that week. You shouldn’t just look at the sale prices either, read the posts, they are phenomenal and provide some great insight!

This time, you are going to start with the most recent dates so you can better understand the current state of the market. Bust out a fresh stack of index cards, and repeat the steps above for the weekly columns.

Starting in 2014, read all the posts from that year. There are roughly 50 posts per year, so you can read one per day for 60 days, then move on to the next year.


Now that you have gone through all of the sales, you can truly begin to understand the value of a domain name. This is not intended for you to use to justify your domains value, unless that justification is backed up by data. For instance, just because Drink.com sold for $500,000 doesn’t mean Drinkz.io is worth anything. It doesn’t compare on any level.

Say you were interested in acquiring Beverage.com, then you could begin to run data analysis on both domains to place a proper value on Beverage.com! For instance, difference between search volumes? CPC’s? Age? Length? Brand ability? Usage Potential? Endusers? When did it sell? Has the market gone up since? If you look at the stats, you can see that Beverage.com has roughly 1/3 of the potential of Drink.com, and since you have a baseline valuation of $500k from Drink.com, you can place a hypothetical value range of $150k-$250k on Beverage.com. Sure, it may sell for more, it may sell for less, but if you are buying it as an investment, you could base your purchase offer around those stats and numbers so that you leave room for a profit. Right?

Learning how to place proper valuations on domain names is not an easy task. It’s not a guessing game, nor is it something to be taken lightly. You want to become a profitable investor? Do the work. You want to flip domains for a living? Do the work. You want to be a guru?! DO THE WORK.

Flippa: 10 Tips and Tricks From a SuperSeller

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As you may all know, I am one of the biggest Flippa advocates there are. Sure, I may be biased since I made my entire living starting out on Flippa. However, there is more to the marketplace than meets the eye.

There is a unique approach to selling on Flippa, and I’m going to introduce you to some of my favorite tips and tricks to run epic auctions on the platform.


Tip #1

If you want to attract bidders, you have to write a fantastic, unique, and long-form listing description. Period. Even if you list a great premium domain name, you cannot be lazy about this. Your sales pitch is crucial to maximizing bidding, and as far as I know, Flippa is the only auction platform that lets you write a listing description. So why not take full advantage of that? Take a look at my listing description for one of my auctions here, now don’t go copying and pasting my description, instead, use it as a reference to build your very own custom listing description.


Tip #2

Use templates. That’s right, I use a listing description template. That way, you never have to recreate your template, you just pop it into the description area, and fill in the details about the specific domain name.


Tip #3

Use the bottom of your template to add a call to action. As you can see in my listing description, I have quite a few call to actions, one of those (watch seller) has lead to my account having well north of 1,000 watchers. If you don’t ask for it, you won’t get it.


Tip #4

There is a difference between an enthusiastic sales pitch and using a ton of big words and exclamation points.

Do: “This domain name provides unique access to an exponentially growing market!”

Don’t: “THIS IS SUPER PREMIUM OH MY GOD!!!!!!!!”

Come on, no one is going to believe that. Give me substance while you excite me, don’t just blow smoke.


Tip #5

Make sure your user profile is up to date and unique. You are a brand here, not just some creep behind a weird AOL like username, right? Make sure you have a website with information about you or your brand, make sure your username is unique and defines you, upload a logo, attach one or more of your social media profiles. The more people trust you, the more likely they will bid on your auction and click that watch seller button.


Tip# 6

Answer questions immediately. The sooner you respond to your bidders, the more likely they will bid on your auction. I get messages about my auctions frequently, and I usually respond within minutes of receiving them. Bidders like that. Do it.


Tip# 7

You don’t need to comment 15,000 times per day. Seriously, no one wants to get that many emails. Trust me, interested bidders will turn into frustrated NON bidders. They will un-watch your auction, and more than likely un-watch you as a seller. Save the comments for the last day (unless you are answering a valid question posted in the comments), and keep it to a few comments.

The timing of your comments is very important. When there is 24 hours and 2 hours left in the auction, listing watchers receive an email. So do not comment at the same time, that sends a double email and nobody likes hearing that email sound over and over again. The best times to comment are 12 hours remaining, and 1 hour remaining. That way, you don’t over pollute inboxes, and you cleverly remind bidders at key times in the auction.


Tip# 8

Save your buy it now button till the last day or two. Again, when you add a buy it now button for the first time to an auction, it sends out another email to the listing watchers. If you time it correctly, you can get more attention to the auction. Also, if you wait till the last day, your auction will have significantly more listing watchers, increasing emails that go out. This gives you a chance to see where the auction is heading in terms of bidding, so you don’t set an BIN price that is too low, or too high.


Tip# 9

Make sure you always receive positive feedback! Provide superior customer service so you always get 100% positive feedback! And make sure you return the favor! Feedback is super important when it comes to building trust! Everyone loves building feedback, so ensure that you are on top of it.


Tip# 10

This is by far the most important tip I can give you. Build your watch list! Every time you list an auction, an email goes out that day to your entire account watch list letting them know about the new domains you have listed. Remember the call to action tip? Use it! Ask for watchers! If you deliver an epic auction description, provide great customer service, and follow all the tips above, you will grow your watchlist into a personal newsletter for your listings.


These are just some of my personal tips and tricks for running a successful Flippa auction! Make sure you try different things, explore on your own and see exactly what works for YOU!

Now it’s your turn; tell me about your Flippa experiences.

  • What are some tips and tricks that you can recommend?
  • What was your best performing Flippa auction? Why do you think it went so well?
  • Have any questions regarding Flippa auctions? Ask away!

The $20 to a Baller Challenge

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I have a challenge for you. Turn $20 into $5k in 60 days. Think you’re up for it? You should be because I’m going to give you some tips to help you on your journey.

Week #1

Spend the first day or two exhaustively searching for the perfect $20 domain name. My recommendations are to search the GoDaddy Closeouts section on ExpiredDomains.net. Narrow your search down drastically so you weed out all the garbage and leave yourself with a domain name you can easily double your money on! If you don’t know how to use ExpiredDomains.net filters, check out my post on How to Setup ExpiredDomains.net Filters Like a Boss.

You’ll want to focus primarily on a generic or exact match, two-word .com. For instance, while writing this post and in under a few minutes, I found the domain name TantraBooks.com in the closeout section. Sure, not a great premium domain name, but I could double that up immediately. And, as of writing this post, the domain name is still available. That is an exact match, eCommerce ready domain name. Think you couldn’t flip that for $40? Think again.

Once you have your $20 domain name. Begin immediately listing it in the “buy now” domains for sale forum of NamePros.com or any other location. If you don’t know where to list your domain, read the post Best Places to Sell Domain Names. I can assure you, though, that NamePros is your best bet, why? Because it’s free, and, you need 100% ROI to accomplish this challenge.

You may even want to list it for $100, just to leave yourself some negotiating room. Don’t worry about over-selling, the goal here isn’t to make a fortune on one domain, it’s to finish the challenge successfully and to gain experience along the way.

Sell that domain for no less than $40. Ready? Go.

Week #2

Now that you have $40, time to do it again. Except this time, you are going to spend the entire $40 on one domain name. This will open up the doors to more marketplaces. You can seek out Flippa, GoDaddy, Sedo, SnapNames, NameJet; it doesn’t matter. You will still want to focus on the generic or exact match, two-word .com’s. Aside from being the bread and butter of the industry, they are very easy to flip.

Got your domain name? Great. Now repeat the selling process on NamePros.

Week #3

$80 in the pocket and a new domain name to seek out. You could venture off into different types of domain names now, but I highly suggest you stick to what has been working for you so far. Again, dig through the auctions, find a domain name that is undervalued, buy it, and then rinse and repeat the selling process.

Week# 4

$160 in the bank now? Time to double it up. From here, you now have a bankroll worthy of upgrading your domain name. Seek out only auctions, I recommend GoDaddy Expired Auctions using ExpiredDomains.net to filter out the garbage. You can nab up some great domain names for $160! I’ve turned $50 names into $500 names with ease; you can too. $160 to a $320 flip is no big deal if you buy the right domain! Focus this $160 on an exact match domain, as they make it easier to write a sales pitch. Plus, an investor can always appreciate monetization potential.

List it, flip it, repeat.

Week #5

By now, you should have $320 in the bankroll. Time to get real crafty, you can now afford a nice one word .net and an even finer one word .org. While they may be harder to flip, if you manage to seek out just the right one, it should be no problem at all. Being that it’s harder to sell a .net and .org, stick to a generic, English dictionary, one word domain.

You now have the option to run a domain name at auction. While this may lengthen the time it takes you to complete the challenge, you can run a seven-day auction that will only put you back a few days. Think it through. List it on NamePros first, give it a day or two. If not, list it at one of the many marketplaces. GoDaddy 7 day auctions, Flippa, or elsewhere. But be careful, you WILL be paying a success fee. Try the forums first.

Flip. Repeat.

Week #6

With $640 to invest, the world is slowly becoming your oyster. Keep in mind, however, the more you spend, the more risk you take. This point will be your make or break for the challenge. Spend it very, very wisely.

I recommend finding a one-word, undervalued .com gem. I’ve found some great ones for only $500, they are out there, but it will take quite a bit of digging. Otherwise, focus on a generic, two-word .com here. This one, I recommend taking the domain name to auction to increase the exposure, competition, and give you the ability to triple if the auction takes off. I would set the reserve at $1,280 + Success Fees so you take home exactly $1,280. This one will likely push the timeline back, but who cares, this is a challenge meant for the experience. The only way to lose is making poor investment choices.

Now, decide how you want to sell it, and double up!

Week #7

What’s up baller? $1,280 to invest now? Let’s go! Time to find a real GEM. One word .com all day long. I’ve managed to seek out $1,000 one word .coms regularly and flip them for 3x-5x within a week. You can do it too. This one, however, you may want to spend a few days seeking out. Try to focus on singular, call to action words, plural product domains, or singular generic words. For instance, I picked up Tamer.com for $1,000, flipped it for $3,000 within a week or two. Seek out words like that have multiple uses! Try to stay away from words that end in “ing”. Spend this money very, very wisely.

This one you will likely have to take to auction, but I challenge you to flip it through your network the same day it hits your account!

Flip. Repeat.

Week #8

By now, you should have at least $2,560 in the bankroll. Time to get serious. Find the best one word .com domain name you can find for the price. That is your fast track to a quick, double up flip. A while ago, I managed to grab Strider.com for $2,500. Sold it almost instantly for $5,000. Albeit, that domain name is worth much more than that, and the new owner will be able to 5x+ long-term easily. But, I flip domains, that’s what I do, and that’s what this challenge is all about. Seek out the perfect domain name, and this time, run a 14 day+ auction, set your reserve at $5,000+ success fees. Sit back, relax and know that you are right around the corner from successfully completing this challenge!

All Done?

Congrats! You are now a part of the $20 to a baller club. Don’t worry if it took you longer than 60 days, focus on the fact that you completed it. And even if you triumphantly failed… you are only out $20. Try again till you nail it.

Once you successfully complete the challenge. You can start again, this time, buy two $20 domains, repeat the process x2. Complete it again, and repeat the process with three $20 domains. Eventually, you’ll get to the point where you can run this process with $100 domains, $1,000 domains and so on. Good luck!

Best Places to Sell Domain Names

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Finding the best places to sell domain names is an essential step in your domain investing career. And in this day and age, it seems as though there are an endless amount of possible places to list your domains for sale, and that can be daunting if you are just starting out.

I have spent countless hours researching, testing, and trying out different places to sell my domain names. I have narrowed it down to this list of best places to sell domains names. But first I want to cover all the different types of domain name listings you can have (and should have):

  • Offer/Counter Offer listing: The offer/counter offer listing is perhaps my favorite way to list a domain name for sale on a platform. The offer/counter offer format creates a listing that will only allow potential buyers the ability to make you an offer. And better yet? You get to set a minimum offer amount, so you will never waste your time with low ball offers. This type of listing is my preferred method as it doesn’t pose the threat of double selling your domain name by having it listed as a buy now simultaneously on multiple platforms.
  • Offer/Counter Offer/Buy Now listing: Similar to the offer/counter offer listing, except here you also have the option to add a buy it now button to reel in those impulse buyers.
  • Buy Now Only: Buy now only is a great feature and it allows you to tap into the psyche of the impulsive buyers. I have “fallen” for this many times! It creates a listing with only a buy now button. Make sure that you place only ONE buy now listing for your domain name. If you list it on multiple marketplaces with a buy now, and they both sell (yes, that can happen) you can be in a lot of trouble, get your account banned or worse, get sued.
  • Landing Page/Parking Page: If you haven’t setup a landing page for your domain name, you need to do this as soon as possible. If someone types your domain name into their browser and the domain name has a landing page, you will make a good impression. Ensure that you have a proper contact form, an excellent logo, and you can even add a listing description. If you impress them enough, they will reach out to you and attempt to negotiate a deal to acquire the domain name. There are also Parking Pages, which are similar, except they allow you to monetize your traffic by way of CPC advertising.
  • Forum Listing: A lot of transactions take place every day on domain name forums, and it would be foolish not to have at least one thread listing your domain name for sale. Again, you do not want to limit yourself to one place, the more eyes that fall on your listings, the more potential to sell the domain name.
  • Auctions: This one is straight forward as auctions are the best way to sell your domain name quickly. Assuming you are brave enough to list it at no-reserve (which out-perform reserve auctions) then you are guaranteed a domain sale. When all else fails or if you need to liquidate your domain name, put it up at auction.
  • Brokerage: Much like the inbound brokerage listings that I offer, some brokers will allow you to list your domain name with them on a non-exclusive agreement. And if an inquiry comes in through their site, they handle the sale for you. This form of listing will allow you another outlet to garner interest for your domain names.

Best Places to Sell Domain Names

Marketplaces


Did you know that most people only list their domain names on one or two marketplaces? Why would you limit yourself like that? What if the perfect buyer for your domain name is browsing a marketplace, and your domain name isn’t on it? The more places your domain name is listed, the more eyes will come across the domain name, and more opportunities to make a sale will occur. The following marketplaces are a must when it comes to listing your domain names for sale. There are more marketplaces than I have displayed here. However, these are the ones that I’ve had the most experience with and the ones that have worked best for me. I have listed them in alphabetical order:

Afternic

Afternic is dubbed as one of the largest domain marketplaces on the web. Once you have listed your domain with Afternic, will gain worldwide distribution to over 100+ resellers. With fast transfer capabilities and over 75 million qualified domain searches each month, it would be foolish not to have your domain names listed for sale on their network. As of this post, Afternic offers the following ways to list your domain names for sale:

  • Offer/Counter Offer
  • Offer/Counter Offer/Buy Now
  • Buy Now Only
  • Parking Pages

BrandBucket

BrandBucket offers you one way to list your domain names, but don’t let that fool you, their market does very well. They have a unique approach to domain name listings. It is quite an exclusive marketplace (which is a great thing) as they require that your domain name goes through an approval process before becoming an active listing.

The best part about BrandBucket is that they do all the work for you. They have logo designers create logos for your listing that make them pop, professional writers that write short but useful listing descriptions, and they even price the domain names for you. It is truly hands off, as they do it all for you. The “only” caveat is that listings cost $10 (peanuts), and you can only have your domain name listed at BrandBucket. Aside from that, if you have some brand-worthy domain names, this is the marketplace for you.

Flippa

Flippa offers a multitude of listing options. From their lively domain auctions with one-of-a-kind listing description capabilities to their new landing pages and domain portfolio manager, you can find just about every way to sell your domain names on their platform. Having catapulted my career from the use of their marketplace, I have to say, I am their biggest fan. As of this post, Flippa offers the following ways to list your domain names for sale:

  • Offer/Counter Offer
  • Offer/Counter Offer/Buy Now
  • Buy Now Only
  • Landing Pages
  • Auctions

GoDaddy

GoDaddy offers a variety of ways to list your domain names. From their premium domain name listings to their 7-day auctions, you can find just about every way to sell your domain names on their platform. They require a $4.99/year auction membership, but that is peanuts compared to all the names you can sell (and buy) with your membership. As of this post, GoDaddy offers the following ways to list your domain names for sale:

  • Offer/Counter Offer
  • Offer/Counter Offer/Buy Now
  • Buy Now Only
  • Parking Pages
  • Auctions

NameJet

NameJet offers only one way to sell your domain name, at auction. Do not let that fool you though, their marketplace is very powerful. From their pre-release auction marketplace along with a drop-catching system, they are one of the top places to sell your domain names at auction. As a frequent buyer of domain names on NameJet, I can tell you that the sellers get a significant amount of action on their listings.

Sedo

Sedo offers plentiful ways to sell your domain names. From their parking pages to their daily auctions. They also have a very large user base, and a lot of sales happen every single day on Sedo. It is one of my favorite marketplaces to list my domain names, and having just recently sold some on their platform, I am very impressed! As of this post, Sedo offers the following ways to list your domain names for sale:

  • Offer/Counter Offer
  • Buy Now Only
  • Parking Pages
  • Auctions

NamePros Forum


There is only a handful of forums in the domain name industry, and only one of them stands out, NamePros. They are the largest domain industry forum in the entire business. There is a lively community, and there are many different sections of the site that you can list your domain name for sale. As of this thread, these are the available sections on NamePros that you can sell your domain:

  • Top Domains
  • Domain Auctions
  • Fixed Price
  • Make an Offer
  • Liquid Domains
  • Numeric Domains
  • Traffic Domains
  • Bargain Bin
  • Creative: Finance, Lease, Trade
  • New Generic Top Level Domains
  • Country Code Top Level Domains
  • Internationalized Domain Names

As you can probably tell, there is no shortage of places on NamePros that you can list your domain name. Having sold numerous domain name through their forum, and on top of everything else the site offers, I am a fan.

Landing Pages/Parking Pages


There are numerous companies offerings landing and parking pages. Personally, I’m not too familiar with parking pages outside of the fact that some people make a living from parking revenue alone! So if you have a big portfolio that garners a lot of quality traffic, parking pages may be the way to go for you. I don’t use them. I use instead landing pages. That does not mean parking pages are a bad thing, quite the opposite, this is just my personal preference. Landing pages offer you a unique way to present your domain name for sale. You can create an infinite amount of designs, color schemes, patterns, whatever you can think of to make the landing page pop. Being that I don’t use parking pages and don’t know enough of about them (if you do, feel free to fill us all in by leaving a comment here) I will stick to what I know, landing pages.

DNPages

As of this post, DNPages is under development. I have personally had a chance to look through the backend of their system, along with testing out their landing pages. I have to say, it’s a unique approach to landing pages! I’ve very excited to see the full product when it launches.

DomainNameSales

DomainNameSales is an efficient domain name management system. I’ve had the pleasure of using their system and making sales through their platform on numerous occasions. I am a fan. They also offer you the ability to have their in-house domain brokers field all of your inquiries! On top of all the features you get access to by utilizing their system, they are definitely on the top of my list for landing pages. As of this post, they offer the following ways to sell your domain names:

  • Landing Pages
  • Parking Pages
  • Inbound Domain Name Brokerage

Efty

Efty is a great domain name management system. They offer a very in-depth, and forward thinking approach to domain management. On top of the numerous features you get, you also gain access to their landing page system. They are definitely at the top of the list for management systems that you need to check out. The landing pages are just a big bonus to the great features you already get!

Domain Name Brokers


Domain name brokers are by far one of the best ways to sell your domain names. It’s what they do day in and day out. If your car broke down, would you let your cousin who only works on cars once a year attempt to fix it? Or would you hire a professional mechanic that works on cars every day? Now apply that to domain name brokers!

There are numerous, phenomenal domain name brokers in the industry. Here is a list of all of the domain name brokers/brokerages that I have personally worked with (if you have any more brokers that you have personally worked with, please add to this list in the comments section here):

In alphabetical order:

Andrew Rosener | MediaOptions.com

David Clements | Brannans.com

Domain Holdings | DomainHoldings.com

John Daly | NameConnect.com

Ryan Colby | OutcomeBrokerage.com

And of course, what kind of writer would I be without the infamous shameless plug of my own domain name brokerage service.

In Summary


As I have mentioned, this post is strictly my personal, unbiased opinion of the services that I have had a personal experience using. There are numerous different paths you can take; these are merely my recommendations. My advice to you is to explore every possible form of selling your domain names so that you too can gain your experience. Everyone has their preferences, but as a whole, your domain name has to be visible for it to be sold. Sitting around waiting for someone to contact you from your Whois information is not optimal. From there, you can learn what works best for you!

Best Way to Invest Your First $1,000

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There are a lot of different ways to invest your first $1,000 in the domain business. However, some ways are much more beneficial to your ROI than others. In this post, I will cover the best way to invest that first $1,000 in domain names. If you are just starting out, you should pay close attention. This initial bankroll that you’ll use may be your last if you do not go about it correctly.

First things first, put your wallet down. Should you be so eager to buy domain names that you end up flushing a thousand dollars down the drain? No. The best way to not lose money is by not spending it. That is until you have an actionable plan in place that will all but guarantee you a healthy return on your investment.

 Best Types of Domains Names to Invest

Forget about what’s trending at the moment, trends are fleeting. Instead, focus on what has a proven history of sales. These are domain names that have time and time again proven to be valuable:

  • One word  generic .com
  • Two word generic .com
  • GEO + keyword .com
  • One word generic .org

These types of domain names are timeless and have always had value to potential buyers. In my opinion, if you are just starting, these are the only types of domain names you should consider acquiring.

One Word Generic .com

While a majority of one word, generic .com’s may be out of your price range, I can assure you there are some hidden gems out there. For instance, I had acquired Trophs.com for only $100, Flipped it within a couple of weeks for three times that. Although I sold it rather low, I still tripled my money, and that lead to me being able to buy three more similar domain names and repeating the process. Always keep your eyes peeled for these gems, they are out there.

Be careful, however, because you can get so lost in hunting down one word .com’s that you will settle for the worst kind. Long, hard to pronounce, and even harder to spell. Stay far, far away from these odd, dictionary words. There are no real buyers out there for them. I advise you to focus on other types of domain names first, and if you happen across a word .com, then and only then should you consider acquiring it.

Two word Generic .com

These domain names are the bread and butter of the industry. They are price-able in the end-user “sweet spot” ($5k-$15k), and it’s much easier to pick up these domain names at wholesale prices.

A while back, I managed to acquire SlowDown.com for a mere $4k. I put up a landing page and within a couple of weeks received an inbound offer on the domain name and ended up negotiating, and closing the sale at $15k. That is how much power a generic, two word .com domain name has. They offer a variety of possibilities all within an affordable budget range for you and your future buyers.

GEO + Keyword

The best bang for your buck will be GEO + Keyword .coms. Think about the possibilities when you get your hands on a domain name like DenverRealEstate.com, LosAngelesPlumbing.com, or even NewYorkLawyer.com.

If you are into cold calling, and looking for quick flips, your money is best spent here. You can pick up a proper GEO + Keyword for much less than $1k and turn around and sell it the same day for a handsome profit. Some investors make their living with these types of domains.

One Word Generic .org

There are more not for profit organizations than I can count. These are also a fantastic investment. However, you will likely have to play the long game on these. Not for profits and outbound marketing do not mix. Let them reach out to you. Be careful here as well, as you will likely be waiting quite a while, so make sure you have them listed on every marketplace as your buyers may not be as internet savvy as you are.

Deciding on Your Investment Strategy

Now that you have an idea of the best types of domain names to invest in, you need to decide how you want to move forward.

Are you going to play the long game? If so, that can drastically change your approach. Do you want to flip domains quickly? Or do you want a blend of both worlds?

Long Game

The long game is all about forward thinking. What kind of technologies will be present in the future? What kind of businesses will be going online? What sort of company has the longevity that will ensure your investments will still hold value in the future?

A few that come to mind are Real Estate, Insurance, Health, Money, and Travel. There are hundreds of others, of course, but you should focus on the biggest industries as they tend to die off less frequently than the smaller ones.

Also, GEO + Keyword domain names with big industry keywords are all but guaranteed to always be around. So if you invest in these, you can also play the long game with them.

Quick Flipping

Quick flipping is all about value investing. Finding an undervalued domain name is like spotting Bigfoot in the wild. Tough to do, but once you master the art form, you can flip the domain names the same day.

One word generic .com’s and GEO + Keyword domain names are your best friends here. With the one word .com’s you can turn and flip it to an investor. With the GEO + Keyword domain names you can pick up the phone and call local businesses, tell them the benefits, negotiate a price and wrap up the deal within a few hours of acquiring the domain name.

Hybrid of Long Game and Quick Flipping

By far the safest strategy as it allows you the ability to make some quick returns to cover your operating costs, and generate you some recurring income until your long game domain names sell.

With only $1,000 to spend, you can take half and invest it for quick flipping, and put the other half into your long game domain names.

How Many Domain Names to Buy


The big question. How many domain names should you buy with that $1,000? Personally, I prefer to stay focused on only one, but if I had to choose more, I would invest in no more than three domains.

With three, you can dabble in a few different investment areas and diversify your approach, allowing for a learning experience to see which strategy works best for you. With three domains, you can also stay focused and not spread yourself too thin. However, this does limit the quality of domain name you can buy.

All being said, I recommend you focus on acquiring just one domain name at a time. Spend the entire $1,000 budget (but don’t overpay) on the best possible domain name you can find and spend the following weeks trying to at least double your investment.

The Domain King himself, Rick Schwartz, has a remarkable post about how you can make a million dollars in domains in 36 months. And it all starts with $1,000: read it here.

In Summary


Now that you have a an investment strategy in mind, you can start browsing the marketplaces, forums, and investor portfolios to find the perfect domain name to invest your first $1,000 in. Take your time, this investment will make or break you. If you are just starting out, this will likely be your biggest learning experience. Don’t be like the rest of us who flushed money down the drain when we first started, be different. Think. Research. And then, when you are 100% certain, spend your hard earned money.

Why Being a Domain Investor is the Best Job Ever

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Learning how to invest in domain names changed my life in so many ways that I could write a trilogy of novels about it. It is the greatest endeavor I have ever taken on.

I’ve wrangled with pursuits in just about every vertical. I spent a majority of my life as an audio engineer and record producer, I’ve worked in fast paced sales environments, dabbled in real estate, and I’ve even pursued learning how to become a helicopter pilot. None of those paths ever challenged me quite like the domain industry does.

These are the top 5 reasons I believe that being a domain name investor is the greatest job on the planet!


Reason #1: Freedom

I am writing this post from the balcony of my Hawaiian condo overlooking the entire Pacific ocean. Palm trees are blowing in the wind while I listen to the chirping of island birds and light classical music.

This is the view that i’m blessed with all because I chose this career path.

Could I do that with a regular 9-5 job? NO! I would probably hear nagging co-workers, angry fingers clunking away at keyboards, receptionist telling people to hold, someone yelling at the printer, and my boss on my back about my TPS reports. Ugh. Gross. No thanks.

With domain investing, I can work from anywhere in the world. Allowing me the most freedom I could crave from any career path. In fact, the first six months of my career was mostly spent on the golf course working from the comfort of my golf cart via my iPhone!


Reason #2: Limitless Potential

This industry is not a “get rich quick” one by any means. But I tell you what… when I first started, I had virtually nothing. Lost everything, down in the dumps, and only a few grand in my pocket. When I decided to give this industry everything I had, it gave back ten fold. In my first year and a half in the industry, I reeled in almost $2M in sales. I don’t say this to brag, but to show you how limitless this industry is. And I started with little money. Nowadays, if you do it right, you can start with less than $100, and see some serious results. In fact, I dare you to take The $20 to a Baller Challenge! You’ll soon find that there are absolutely no walls! You can go as far as you want to in this industry. There is no limit to the amount of money and success you can garner from becoming a domain name investor. None I say!


Reason #3: The Excitement

There is no better feeling than waking up to a sale. None. Even more so, there is nothing quite like watching your auction take off and surpass all of your expectations!

What about the chaos that occurs when a new country comes into the picture and changes up the industry overnight? Completely blows your mind! Domains that used to be the bottom of the barrel are now the most sought after investments? Doesn’t make any sense, but guess what? It can be unpredictable, and that is what makes it so exciting.


Reason #4: You Can Never Master It

There is no way to perfect the art of domain name investing. None. You can never know it all. Why? The domain industry is always evolving. Always challenging you to grow, and learn new things. Sure, you can become a 10th-degree black belt domain investor, but nobody truly knows how many degrees there actually are! You can bedazzle your black belt with thousands of 10 carat diamonds, and when you think you know it all, BAM, something new to learn. You can never master it. Period. And that is a beautiful thing that should keep you interested in the business forever.


Reason #5: The People

Sure, you have your forum trolls, grumpy old-timers, bitter bloggers and the like. But a majority of the population in this industry are amazing human beings. They love it as much as you do. They are the same type of addict as you are. They eat, sleep and breathe domain names just like you do. They are the only ones on the planet that get you. And frankly, you can never have a dull conversation with a fellow domainer. There are NO awkward silences. Why? Because there are so many topics to discuss. So many things to debate. So much information to share! And the only people on the planet that will understand you are your fellow domain investors. Better still, the diversity in this industry is unlike any other. People from all around the world, personalities from all walks of life will emerge out of the wood-works to meet, greet, and talk domains. No matter how different we are, we will always have one thing in common; domains. And that makes this community one of greatest on the planet.


In Summary

If this doesn’t ring a bell to you, you’re probably not a domain investor, and you happened upon this post via Google. If that is the case, look around, dig deeper, and you too will find that this is the greatest industry on earth.

I am proud to be a domain name investor, for more than just these five reasons. I am delighted when I see the look of confusion on peoples faces when I tell them what I do. It’s my passion, my purpose, and I am finally accepting of the fact that this is where I belong!

Setting up ExpiredDomains Filter’s Like a Boss

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ExpiredDomains.net is my favorite tool for finding expiring domains, closeouts, pending releases and just about every domain name that is for sale (in some form or another) on a marketplace.

For some, the learning curve is a little steep, but it is worth every waking minute spent learning how to use their platform. If you don’t already have an account, I highly recommend you sign up asap (you can set one up here).


Step One

I personally always start setting my filters in the “Marketplace Domains” tab since I don’t really seek out deleted/reg-fee names. First things first, click on that tab!

 


Step Two

In order to access the filter panel, you need click on a marketplace tab. For simplicity, click on the first one titled “GoDaddy Closeouts”

 


Step Three

From here, you’ll want to click the “Show Filter” link to open up the filter panel.


Introducing the Filters

Now it’s time for the fun to begin. This is what the filter panel looks like when you first open it. Epic right? And there are 3 pages of filters to help narrow down your search!

 

I will start on the first tab titled “Common” and cover everything on the page before moving on to the next page. To help you follow along, I have numbered every filter type on the Common tab, as I will be referencing them in the tutorial.

 


Common Filter #1: Domain Name Whitelist

 

The Domain Name Whitelist filter allows you three different areas where you can whitelist keywords. For instance, if you’d like the domain name to start with the word “The” you would enter it into the “Starts with” text field.

  1. Starts With: This allows you to select a keyword or keywords that the domain name will start with. It can be as simple as “the” or really narrow it down to something specific like “attorney”. So if you entered Attorney into this field, your results would only be: Attorney+Keyword
  2. Contains: The same thing, however, the word will show up no matter where it’s located. So if you typed in “The” your results may include: The+Keyword, Keyword+The, Keyword+The+Keyword, or even words like Fathering.com
  3. Ends with: Same concept here, except the results will only produce domain names that end with your chosen keyword. So if you typed in “The” your results may include: Keyword+The or even a word like Bathe.

But that is not all, my favorite part of these filters, you can enter multiple keywords! For instance, if you wanted to find every domain name that starts with the keywords “Attorney”, “Lawyer”, “Turtle”, or “Mouse”, all you have to do is enter the keywords and separate them with a space. Side note, I use quotation marks for my examples, but you do NOT need to use them in the filters.


Common Filter #2: Domain Name Blacklist

 

The Domain Name Blacklist is exactly like the whitelist, except here, you tell the filters to filter OUT these keywords so you do NOT seem them in your search results!

  1. Starts Not With: This allows you to select a keyword or keywords that the domain name will NOT start with. For example, if you wanted to exclude the words “Bank” and “Money” from the starting words, you’d enter: Bank Money
  2. Contains Not: Again, much like the whitelist, except here the filter will seek out the word or words you use in any part of the domain name and NOT display them in the search results.
  3. Ends Not with: Same as Starts Not With, except the words are excluded from the end of the domains in the search results!

Common Filter #3: Domain Name Contains AND

 

This filter lets you add additional keywords to your search results. It takes your whitelist allows you an “AND” feature. For instance if you want your domain name to start with “The”, you can use Domain Name Contains AND to add “Media” “Company” “Race” and your search results will include all of the domain names that start with “The” AND have one of those keywords in it somewhere! Great feature.


Common Filter #4: Domain Name Wanted and Unwanted Characters

 

This is for you letter and number seekers! This filter allows you to enter characters that you want whitelisted or blacklisted in your results. For instance, if you do not want any vowels in your search results, you would blacklist like: AEIOU, and not a single one of the search result domain names will have a vowel in it! Same goes for whitelist, if you only want search results to show you domain names with vowels and certain numbers, you could whitelist: AEIOU9876, and your search results would only show you domain names that have those characters in them.

[alert type=”danger” close=”false” heading=”Quick Tip”] You should be testing each of these filters out as we go so you can get a real feel for them! [/alert]


Common Filter #5: Domain Name Settings

 

The Domain Name Settings filter is my most used filter, it really lets me narrow down the foundational aspect of the domain names I am seeking.

No Number: No domain names with numbers allowed

No Characters: No domain names with letters/characters allowed

No Hyphens: The best filter ever 😉

No Consecutive Hyphens: What I said above.

Only Numbers: Shows you domain names that only use numbers

Only Characters: Shows you domain names that only use letters/characters

Min and Max Filters: You can set a minimum and maximum filters here. For instance, if you are only looking for 5-7 letter/number domain names, you can set “5” to minimum and “7” to maximum in the length fields. And so on down the line, these are pretty straight forward.


Common Filter #6: Domain Name Pattern

 

Domain name pattern whitelist and blacklist is an incredibly useful feature. I spent a few hours using just this filter to find some of my best brandable domain names. You can search for just about every pattern, and, you can include your own letters and numbers in there.

Some example patterns:

CVCV = Teso

CVVC = Toot

CvxC = LVXP

9NNCVC = 976RAK

See where this is going? All the letters you want to of your own, just place in lower case. So if you are looking to create something like ZOVANI, then you can use = CovVCi

Consonant O V Vowel Consonant I, really useful if you want to get super creative!


Common Filter #7: PageRank

Don’t know what PageRank is? ExpiredDomains.net explains it very well in this post. After you’ve read it, come back here.

You can check three different boxes, No Fake PR’s, no Unsure PR’s and no PageRank -1. You can also set the minimum PageRank and maximum PageRank here.

Some domain investors love acquiring high quality PageRank domain names that they can use to develop, or sell. I personally don’t use this filter unless I am weeding out fake PR’s.


Common Filter #8: Common SEO

If you are searching for investment grade domain names, you don’t really need to worry about most of these settings. The one I use most often is WBY, which is for the Wayback Machine Year (the year of registration). You can set a minimum and maximum year of registration here. I use the maximum and generally set it to around 2004 so the domain names I am seeking are all 10 years or older. The other settings, in my opinion, are for investors seeking domain names to develop or sell to developers. I don’t use them.


Common Filter #9: Listing Settings

The listing settings filter is also one of my favorites. It allows me to really narrow down the “when” and “how much” in my search results.

The “only new in the last” checkboxes will filter out all the domains and only show you the ones that have been listed in the last 12/24 hours, week, or 30 days. You can even select “Watchlist” to only show the domain names you are watching.

You can also get really specific by utilizing the “add date”, “end date”, “Name Ending”, and “Ends in days”. By utilizing these filters, you can narrow down exactly when the domain was listed, or when it’s due to end. Great for the “snipers” looking to pick off last minute domain names.

The “max price” filter is great so you never see results that are over your budget, and if you skip down a couple filters, you’ll see text boxes letting you further narrow down your price ranges. This is great, especially if you are taking on The $20 to a Baller Challenge.

The listing type is straight forward, you can look at either buy it now listings, make offer listings, or auctions (“bid”).

On to the “Bids”, you can find all of the auctions with ZERO bids, that is also great for the snipers. Setting up the filters for the last day, with auctions that have zero bids… can you imagine the possible gems you can find?

Domains per page is simple, how many results do you want to see per result page? I usually set it to 200, because “more is better” right?


Now onto the second tab titled “Additional”. To help you follow along, I have numbered every filter type on the Additional tab.

In the additional tab, you’ll see settings like TLD, Keywords, and other filters that will help you further narrow down your results.


Additional Filters #1&2: TLD’s

Pretty straight forward here! What extensions do you want to include in your search results?


Additional Filters #3: Keywords

Again, another fantastic filter! You can select which language you want the keywords to be! On top of that, you can add a minimum and maximum word count. This is really helpful, especially if you are only seeking, say, a 2 word, english domain!


Additional Filters #4&5: Name in selected TLD is available/registered

Although I have never needed to use them, they are great filters. If you are looking to find a domain name that you also want to register in another specific TLD, you can check the box of the TLD you also want to register, that way your search results will only show you domain names that are available in your other filters, AND available in the specific TLD you check.

Vise versa for the selected TLD is registered. If you are hunting down an in-demand domain name, you can check off the boxes of TLDs that the keyword(s) is registered in. For instance, if you are seeking a .com, and you want to make sure it’s in demand, you can check TLD is registered in: .net, .org, .info and so on. That way, you only see results for domain names that are registered in other TLD’s!


Additional Filters #6: Geo Domains

For you GEO hunters, this is going to be your best friend! You can search for domain names that have specific GEO attributes! Give this one a shot, set it to “Only Geo Domains” and pick a country… look at the results! All of the domain names include a GEO specific keyword (city, town, state, so on) among your other filters.

Now keep in mind, if you check only 100% GEO domains, you may want to remove some of your other filter restrictions. This filter will only show exact match GEO locations. For instance, a city name, a town, a country, a state.. so on. Even though there are a few bugs (really tough to filter out all those domains) but… it works, so if you are seeking the name of a specific place on the map, only 100% GEO Domains is your knight in shining filter.


Additional Filters #7: Social Stats

Another cool feature that I’ve never really had to use. With social media being the main point of contact between businesses and their user base, you may want to consider using this filter for your own acquisitions that you plan to develop. Although most of the generic social media usernames are taken, still worth a shot. You can seek out social media profiles that are connected to the domain name, or you can select whether the username is take or available! Cool filter, but likely won’t be using it much.


Down to the final tab, Adwords & SEO, however, I’ve decided to exclude this tab. Why? Because I don’t use it anymore, and if you want to buy, and flip/sell domain names, then you need not worry about that tab. And I’ll tell you why. So many times, I’ve set search volume and CPC filters only to find that after all my other filters were set too, there were almost no results to weed through. Another reason being that some really good two and three word domain names have low CPC and low search volume. Take, for instance, one of my domain names: SoilToEnergy.com, has absolutely no search volume or CPC. I would have never seen that auction had I placed the SV and CPC filters on it. While it may not be a million dollar domain, it’s still a valuable brand for a future tech/science/green company that specializes in sustainable energy sources from soil. I have many more domains of the like, most of which I would have missed out on by limiting the filters too much.

One more quick tip, you can save your searches! After you apply your filter, click this button:

Once saved, you can access your saved searches from the drop down menu at the top of your screen:

Now that you have filters set you should start exploring! Go through the different marketplaces by clicking their tabs to see your filtered results from every type of marketplace. Good luck!

The Art of Buying New GTLD’s

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We’ve recently seen the new GTLD market gain substantial traction. However, these extensions are still in their infancy. At the moment, the power of these new GTLD’s has yet to be fully realized by the masses.

I have to admit that at first, I was not impressed. I thought that it was a marketing ploy aimed strictly at domain name investors. I couldn’t fathom why anyone would spend thousands of dollars to register something so wild and different when they could buy a great, generic keyword .com instead. After some time, I finally caved in and decided to give it a go. Don’t get me wrong, a majority of my portfolio is still .com, but I am very glad that I diversified and acquired some new GTLD’s.

To date, I’ve managed to sell quite a few new GTLD’s and have averaged a solid return on my investments and reeled in well into five figures in profit. To name a few, I have sold Internet.Marketing, Night.Life, City.Life, VR.Dating, Design.Agency and quite a few others.

I firmly believe that the right combination of keyword + extension new GTLD’s will have an impressive, and exponential rise in value over the next five years. However, when you make the decision to acquire a new GTLD as an investment and to want to ensure a substantial profit is in your future, you must take into consideration these three main attributes.


1. Keyword & Extension Combination

The art of acquiring one of these domains based on the combination of keyword and extension is quite simple; find the most relevant two keyword phrases, and put a dot between the words.

For instance, registering Insurance.Flowers would make no sense, and has zero value. Just because Insurance is a quality keyword, and Flowers is a quality keyword, doesn’t mean pairing them with a dot in the middle will create a domain that will have value.

A better pairing would be Car.Insurance. Why? Because “Car Insurance” is an extremely relevant term, highly valuable in the .com, and has an obvious commercial use. All you’ve done is take the keywords “Car Insurance” and placed a dot in the middle.

All being said, there are only a handful of new GTLD extensions that can accommodate premium combinations. Choose wisely.


2. Renewal Price

Renewal price is a big factor when deciding what kind of new GTLD to buy. Some of the renewal fees are mind-boggling and well into the thousands of dollars per year.

While I understand that some of the renewal fees are much higher for “premium” new GTLD’s, I do not think it is wise to invest in a domain name that will eat away at your future profit every year.

I do, however, have one or two domains that cost me around $500 a year each in renewals. I made sure they were the most premium new GTLD that I could buy so that even if it takes 5-10 years to find the perfect buyer for it, I would still make a substantial return. One example is Travel.Agency, I spent a good amount acquiring the domain name, and I have to spend $500/yr renewing it. I don’t even flinch at that. Why? For one, I could develop it into a lucrative business, and two, this domain name will sell for six figures one day.

With new GTLD’s launching all the time, your options are limitless so make sure when you buy a new GTLD, you heavily consider the renewal fee. Otherwise, any profit you might have made will slowly disappear.


3. Development Potential & Brand Ability

This one goes for every domain, but even more so for a new GTLD. You have to ask yourself how likely it is that a serious business can be developed on the domain name. Will a company spend thousands of dollars to market this brand? Is it worth it for them to step into the world of new GTLD’s? Will acquiring this domain name give their brand the needed edge to become #1 in their niche?

Take for instance the recent sale of Smart.Watch. That is a prime example of a new GTLD that meets all of the requirements, especially brand ability and development potential. You can name your product with it, sell the product with it, and run an extensive and successful marketing campaign all around the domain name.

There are numerous other examples, for instance, Coffee.Club is a brilliant and highly brandable domain name that has a lucrative business model behind. Who doesn’t love coffee? Who hates running out of coffee? The subscription box model is also extremely successful, and they did a phenomenal job picking the domain name for their business. While it may have cost them $100,000 to acquire the domain name, no amount of money can replace the branding value that brings to their business. Feel free to Google the term “Coffee Club” yourself and compare their domain name to the others you see. Which one stands out? Simple, Coffee.Club.

It goes without saying that domain names are the doorway to your brand, and if you decide to brand your company with a new GTLD, you have to choose wisely.


In Summary

Take your time, do your research, and make sure that you take into consideration everything you can before deciding to invest in a new GTLD. There are far more risks involved, so even more research has to be done before buying one. There are, however, far more opportunities available for investors seeking long-term profits.

Be sure to stick to relevant keyword combinations with a dot in the middle, keep your renewal costs down, and make sure you don’t get overly creative when buying a new GTLD and you should do just fine.

Businesses Are Heavily In Love With Instagram And For Good Reasons Though

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Right from the major brands to some of the locals, businesses located globally to some family based shops, everything is growing with the help of a simple yet useful Instagram account. Instagram is one of the fastest growing social media platforms and will surpass FB and Twitter in following years. Every month, you will come across an average of 1 billion active users on a globalized calculation.

A recent study clearly portrays that around 80% of businesses will have their accounts on IG. Within a short span of time, that percentage will grow into 100%, no doubt. Businesses have not restricted their services to posting pictures and videos. They are even using the latest Instagram stories for reaching out to mass population within a flick of second. So, if you want to grow real instagram likes and grow your business within a day, IG might be that promising platform for you.

Reasons to get an account on IG:

Instagram is one of those platforms, which can help bridge gap between customers and clients. There are so many reasons on why businesses are deeply in love with IG.

  • It is a perfect spot for connecting passions. Business owners can easily tap into people’s passion for creating some deeper relationships with businesses online and off. It will help them to know what clients think about them and improve their business centric notions accordingly.
  • Everyone loves a visual glow rather than reading through boring articles and pieces of content. Therefore, IG came up with unique forms of creative tools, which will help you to tell a story and create some immersive formats for inspiring some actions on your business accounts.
  • For sparking some exploration, IG business might be the right solution for you. It is a great way to connect to some new customers and then strengthen relationships with existing ones.

Get to create business blogs on IG:

With some of the handy new tools in the market, companies of any size can well be recognized with business profiles. They can get some thorough insights about posts and followers, and can also promote posts for driving around the ever growing business objectives. All these services are now available within IG mobile app! Things cannot get better than this! It means customers can now see some of the valuable information on profile like contact details or business address.

Monthly advertisers on IG:

You will come to know more mobile video is currently helping out in growing IG community of the monthly advertisers. It can further help in transforming the ways in which brands will connect with people. So, once you have a promising account on IG, there is no looking back. The best thing about this mobile platform is that it keeps on growing. Similarly, your business account will get updated with every new feature hitting the market. It will work automatically so you don’t have to bother working on updated news on your own. Businesses will definitely grow a lot with IG by your side.

Author Bio: Pete Campbell is a Business Tech Analyst. He is very responsible towards his job. He loves to share his knowledge and experience with his friends and colleagues.

 

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