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Want to build a side business? buy a great domain name

deepsouthventures.com

21–30 of 225 posts

Re: Want to build a side business? buy a great domain name

#22
So many domain names I bought and never used. Haha the idea seems so great at the time. I suppose you just have to go about trying different things until you start to have some traction. it's just important to recognize that it's easy to fall into the trap of thinking something is going to be super simple, and then starting to execute without any sort of detailed plan. The result ... Wasted time and money

Re: Want to build a side business? buy a great domain name

#24
post #18

My mind works exactly the opposite way. If I see a domain like BikeTours.com, I immediately assume that the business is built primarily on the domain name, and the quality of the product or service is inferior. Hence I don’t click it. But I assume the majority of internet users don’t think this way, so it can be a profitable strategy. Edit: Well, thinking about it, it’s not always true, but at the very least I check…

Same, though I think the BikeTours/GoSojourn thing may just be an imperfect example of a point that is correct.

A better example (for me at least) would be backroads.com vs. something like biketourstoday.info. The former is distinct, trustworthy, memorable, greppable, and just good. I thought a lot about these things in starting my business. While capiche.com doesn't say anything about SaaS, I think it resonates with people more than, say, saasreviews.io or whatever would've.

btw, this post is highly relevant and is one I reference often: http://messymatters.com/nominology/

Re: Want to build a side business? buy a great domain name

#25
post #14
post #4

Earlier quoted context omitted.

typical HN comment. meanwhile the author is doing pretty well for himself doing just that.

This is a guy who accidentally spent 4 figures on a domain he didn't want. And it was no big deal to him because he knew he'd be able to break even on it due to his expertise He's an expert domain reseller. Novices would get burned.

I've been in the room with people spending well over $10,000 on domains. It's crazy. I could never guess that actually happened until I saw it myself.

I thought those prices were just absurd fantasy

Re: Want to build a side business? buy a great domain name

#26

I think this is a much better article about this from the same guy: https://www.deepsouthventures.com/i-sell-onions-on-the-inter...

thanks Alex (author here).. that domain article was one of my first, so I was (and still am) trying to find my writing voice. whatever that means.

Re: Want to build a side business? buy a great domain name

#29
post #14

Earlier quoted context omitted.

This is a guy who accidentally spent 4 figures on a domain he didn't want. And it was no big deal to him because he knew he'd be able to break even on it due to his expertise He's an expert domain reseller. Novices would get burned.

I've been in the room with people spending well over $10,000 on domains. It's crazy. I could never guess that actually happened until I saw it myself. I thought those prices were just absurd fantasy

I've bought 2 at a higher price: someone was squatting on my employer's name and I didn't let them know who I was and I got it for $1500. Another was curecf.com: I have CF (Cystic Fibrosis) and didn't want it to get misused. (I paid $250)

Re: Want to build a side business? buy a great domain name

#30
post #18

My mind works exactly the opposite way. If I see a domain like BikeTours.com, I immediately assume that the business is built primarily on the domain name, and the quality of the product or service is inferior. Hence I don’t click it. But I assume the majority of internet users don’t think this way, so it can be a profitable strategy. Edit: Well, thinking about it, it’s not always true, but at the very least I check…

Right, and "GoSojourn" sounds a) like it couldn't have been auto-registered by a bot going off of keywords, and b) like it carries more whimsy than a spammy developer would likely put forth.
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