As a short name is worth a lot more than a longer one, it may be tempting to buy any very short name available.
However, this does not mean any short combination of letters is worth millions of dollars.
As a short name is worth a lot more than a longer one, it may be tempting to buy any very short name available.
However, this does not mean any short combination of letters is worth millions of dollars.
The TRAFFIC Awards were present to the winners last night. Voting for the nominated parties started 2 months ago and as these are votes by domainers, well done to all that won the praise of their fellow domainers.
And the nominations and winners were…
If you target markets where the native language is not English, you are likely to encounter letters which are not part of the standard Latin character set. It is immediately obvious for languages such as Japanese or Arabic but common as well in French, German, Swedish, etc…
You may be tempted to consider buying IDN (Internationalised Domain Names), which allow characters not part of the ASCII set.
Not sure about you, but the Domain Economy seems to be strong to me with over US$2.8 million worth of domain sales at Rick Latona domain auction at TRAFFIC NY 2009
The full list is below with final price…
There are several
ways to make money from domain names. The most well know methods are domain
parking, and obviously selling domain names. But if you have a portfolio
containing generic domain names, you may have a third option, known as ‘domain
leasing’ or ‘domain renting’.
Domain leasing allows you to generate
revenue from your domain, while still holding on to the rights. This can be a
great option if you suspect that your domain name is going to appreciate in
the next few years and you are not yet ready to sell.
If you are a domainer, you want to make as much money as possible when selling a domain.
One way to do it, is simply to not do anything and wait for people to contact you.
After all, if they contact you to buy a domain you own, while you have not done anything to publicise the fact you are willing to sell, it means they are highly motivated. And highly motivated buyers mean that they are more than likely to pay top dollar for the name.
If you want to sell high, keep your profile low.
Sedo tops the chart with two impressive six-figure sales that place both domains, respectively in #16 and #27 position on DN Journal’s YTD Top 100 …
When registering a domain, try to go for the spelling your market is going to use. This is especially true of domains where the spelling …
Domain buying and selling has for long been a very profitable business. If a domainer (person who buys and sells domain names for a living) is lucky enough to buy a domain at the right time, predicting the upcoming trends, they could sell it for an astronomical profit. For example, the domain Candy.com recently sold for 3 million US dollars.
What does selling domain have to do with ‘Domain Parking’?
There are two kind of domain parking: monetized and non-monetized. The latter is a simple ‘Coming Soon…’ message displayed on the page. But what I am talking about is the former, which is where a domain owner converts traffic to a domain, into money. Most domain owners also offer the domain name for sale, and ‘park’ it while they wait for someone to offer the right price.
If you are a beginner in the fabulous world of domaining, be careful with what you buy. Your only goal should be to make a profit, that is to sell any domain you buy for more money you spent in the first place. Having a nice name does not do anything if there is no buyer for it. In that case, you are not a domainer anymore but merely a collector.