51–60 of 210 posts
I don't understand how this can survive in the long run - what's stopping someone else from setting up an identical service at lower prices? There is literally no lock in because users can sign up for multiple services and potentially pay a lower price (depends on which one snags the domain). Or is the technology behind that unique?
If you think such a thing that easy, you should do it. But it aint.
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No, a squatter buys domains and holds them. Park.io lets you buy a domain that's going to expire before it expires and transfer it to you and charge you if and only if it registers it before it gets sold. Some of these domains ( https://app.park.io/domains/view/algorithmic.ly ) actually look pretty neat, and I could totally see this being a good market to be in.
So it mostly services domain squatters.
People pay Google and Facebook to display their ads; I guess they're eyeball squatters.
The guy has a product he's paid for with real dollars by customers who gave them to him willingly to get something they want. It solves a need people have which is something I haven't been able to do yet.
https://feinternational.com/buy-a-website/8340-platform-doma...
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I think the point is that he picks it up before anyone else does in your behalf. He's doing the equivalent of standing in line for you outside the Apple store on iPhone 7 release day and then charging you a premium for his services.
yeah but this can be done for much less and if the domain is actually worth anything (it has backlinks, age, and traffic) you will pay for more than $99 since you will be competing with many other bidders. This is a huge industry and you're competing with Russians , eastern Europeans and others who scan for domains thousands of times a minute and check them for rankings and other factors...Very seldom does a good dom…
This is the perfect example of why it is not always good to listen to the many naysayers. There are a ton of single purpose things that can be turned into a service. Most people overlook those things because building the next unicorn sounds so much sexier.
Earlier quoted context omitted.
No, a squatter buys domains and holds them. Park.io lets you buy a domain that's going to expire before it expires and transfer it to you and charge you if and only if it registers it before it gets sold. Some of these domains ( https://app.park.io/domains/view/algorithmic.ly ) actually look pretty neat, and I could totally see this being a good market to be in.
So it mostly services domain squatters.
I don't understand how this can survive in the long run - what's stopping someone else from setting up an identical service at lower prices? There is literally no lock in because users can sign up for multiple services and potentially pay a lower price (depends on which one snags the domain). Or is the technology behind that unique?
He gives some good advice for indie developers if you manage to get over the "self-promotional" aspects of the article and read to the end.
He gives some good advice for indie developers if you manage to get over the "self-promotional" aspects of the article and read to the end.
I don't understand how this can survive in the long run - what's stopping someone else from setting up an identical service at lower prices? There is literally no lock in because users can sign up for multiple services and potentially pay a lower price (depends on which one snags the domain). Or is the technology behind that unique?
Coming up with a good startup idea is sexy, but this is a pretty sweet deal too. You could argue that hours spent working on this prevent him from working on something that's potentially more lucrative and more fun, but from the sound of it he's at a point where it takes up much less time than a full-time job.
Even if he can only milk $1 million off of it, that's still really good.