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Want to Build a Side Business? Just Buy Great Domain Name

deepsouthventures.com

101–110 of 202 posts

Re: Want to Build a Side Business? Just Buy Great Domain Name

#101
post #87
post #20

I still haven't figured out how to make money with butt.ventures

I own meatgalore.com, I thought it would be a cool idea to have a business that sold rare meats and cuts online... but never really got the supply chain worked out. We should link to each other.

For some reason I find this not very appetizing. I would definitely not associate rare meats with it. Set it free, as the other poster suggested.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#102
post #59

Earlier quoted context omitted.

good trap tool for godaddy to get domains you are interested in

I use geektools, they've been around forever and I've never had any domain I've looked through there sniped away from me.

same here with gandi.net, thanks for sharing!

Re: Want to Build a Side Business? Just Buy Great Domain Name

#103
post #53

I've been casually interested in small time domain name "investing" (with and without intention to develop) since the early days and when it so happened that during a stint at GoDaddy, I was charged with the UX of the domain auction product, imagine my surprise to discover were a handful of very big players, some of whom ran bespoke software (not unlike a Bloomberg terminal) and were so profitable for the company tha…

> Similarly illuminating was working at a regional bank and learning how much of their growth was based on investing in a patch of dirt as it was in the operation of the branch location that sat on that dirt.

Reminds me of McDonald's founder Ray Kroc's famous quote "We are in the real estate business; not the hamburger business."

Re: Want to Build a Side Business? Just Buy Great Domain Name

#104

Earlier quoted context omitted.

I can see your point of view.. What I was trying to convey - albeit poorly - was a more holistic view of the domain, ie. the domain on the side of a truck. The domain on a tablecloth. The domain on a bumpersticker. If I saw a plumber driving around Atlanta with www.AtlantaPlumber.com on his truck, #1 - it'd be easy for me to remember, and #2 it'd be a more positive than negative perception of that business.

This is even more important if your business uses e-mail to communicate with customers. I used to own a print business with a .net domain name. We'd often tell a new customer our e-mail address at the end of our first phone call. But too many times customers would just type .com in the e-mail address and then assume that our business has lousy service. After a few months I paid a cyber-squatter (if that is still the…

author here:

yes.. this..

side story, a friend of mine owns a city dotCOM name that also has a university with the corresponding .edu..

He receives email regularly from students pleading (to teachers) for an extra day for thesis completion or a gpa bump : )

Re: Want to Build a Side Business? Just Buy Great Domain Name

#105

Earlier quoted context omitted.

oop.. I guess I should mentioned that I'm the author.. you can ping me on twitter if that works.. or here : )

Please add your twitter handle to your profile. :)

done : ) I'm a HN noob.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#106
Offers.com (at the time a record-breaking price paid for a domain name) is still getting peanuts in traffic compared to retailmenot, which has the dumbest name ever. And I'd argue offers.com has marginally superior content, except for the odd exclusive deal that retailmenot is able to swing based on their identity. But retailmenot got there first, and it hit the ground running building marketshare, and that has made all the difference.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#107
post #75

I like the idea of using expiring domain names to generate business ideas (especially domain names that are fetching a good price). But what if, instead of buying the domain name, you... didn't buy it? What if, instead of dropping $5K on an exact match, you spent $10 on a B+ domain name, where you can set up a landing page to see if there's interest in the business idea you've generated? That way, if you are getting…

author here..

all I can say is, buy a B+ domain name, expect B+ results.

I prefer buying an A domain (not A+, not A-), and speed the process up, whether it fails or succeeds.

If it fails, eh, cost of doing business.. move on..

Re: Want to Build a Side Business? Just Buy Great Domain Name

#108
post #45

Halfway through reading, I was going to criticize the author for lack of quantitative evidence, but he partially redeemed himself by using actual numbers in the Expired Domains section. Anyone can write an article saying "X is important!" but a business owner will not give attention unless dollar values are assigned to the importance. Still, I'd like to see some more evidence in this article than the Bobblehead case…

author here.. all I can say regarding building businesses on keyword descriptive domains.. it just makes everything easier.. Easier to communicate your biz. Easier to get your foot in the door somewhere. Easier for introductions. Easier for consumers to remember your name ( https://blog.nuts.com/were-going-nuts-dot-com/ ). Just easier all around. All those things added together can directly impact sales..

Yes, I believe it has an effect, but I think everyone knows that valuable domains are important. But when purchasing a $200k domain, is there any quantitative method a business owner can follow so determine whether the domain will be worth 200k?

Kind of off topic, but if someone has a domain as valuable as "nuts.com", why ruin it by putting a subdomain in front of it? Why isn't the URI scheme "nuts.com/blog/were-going-nuts..."? There's no significant technical reason anymore for splitting multiple services into multiple subdomains.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#109
post #68

wow, I've run a domain registrar since 1999. Most domain name purchases are crap, domains are not assets but for a tiny tiny fraction of the top sites. don't be a fool and give your money to a registrar. Build a business by solving problem that many folks have. After you solved a problem buy a domain to market your solution.

author here..

why not find a domain that addresses a problem? then build business around it?

Re: Want to Build a Side Business? Just Buy Great Domain Name

#110

Great domain names are not going to save most. It's going to save one depending on how great the domain name is. But figuring out what is great is as hard as figuring out what products are great.

>But figuring out what is great is as hard as figuring out what products are great.

I gotta introduce you to the Google Keyword Planner..

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