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Should I Just Buy This Domain?

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Re: Should I Just Buy This Domain?

#31
Like others have said, ignore the typical cost of a domain and consider how many 'conversions' it will take to cover the cost of a decent domain. If you're intending on making money, it won't take long to have that domain name pay for itself.

All this said, ensure you can get the other appropriate usernames for twitter and any other social avenues you'll promote through.

Best of luck!

Re: Should I Just Buy This Domain?

#32
Thanks for all the advice guys! I'd edit original post but I suppose it gets locked. Anyway, I went through with the purchase. I think it was worth it.

Does anyone happen to have advice on domain transfer? I have a feeling it gets done through the same I bought it through but not quite sure yet. Hopefully transaction goes through soon / shortly.

Thanks again everyone!

Re: Should I Just Buy This Domain?

#33
post #15

Earlier quoted context omitted.

What purpose would that be? A quick visit to their site strongly suggests that a pretty important purpose of their business is to squat NISSAN.COM.

Based on their website, I'll go out on a limb and say it might have something to do with the computer company owned by one Uzi Nissan.

Based on the website, I'm going to go out on a limb and suggest that less than 1% of the visitors to this site are looking for Uzi Nissan or his company. Maybe it's the giant insurance scam banner that covers more than 50% of the page that makes me think that.

Re: Should I Just Buy This Domain?

#34

If you're not building a physical product, I don't think it's necessary to invest in a domain. Early on you should just be focusing on the product. The name may change as the product evolves. If your product reaches any level of success, you can then decide to purchase a better domain. At the point of success, you'll have the resources to purchase a better domain. Keep in mind... * dropbox.com was getdropbox.com * ba…

"At the point of success, you'll have the resources to purchase a better domain." And it'll cost far more, vs. at this point where it's extremely inexpensive. That price will raise as his service/product gets more successful.

"it'll cost far more"

And you'll be able to afford it better then.

"at this point where it's extremely inexpensive"

Not necessarily compared to how much you're investing in it.

Re: Should I Just Buy This Domain?

#35

If you're not building a physical product, I don't think it's necessary to invest in a domain. Early on you should just be focusing on the product. The name may change as the product evolves. If your product reaches any level of success, you can then decide to purchase a better domain. At the point of success, you'll have the resources to purchase a better domain. Keep in mind... * dropbox.com was getdropbox.com * ba…

"At the point of success, you'll have the resources to purchase a better domain." And it'll cost far more, vs. at this point where it's extremely inexpensive. That price will raise as his service/product gets more successful.

Say you have $10,000 set aside to start a business. If you invest $1,500 in a domain name, before you truly validate your product, then you are throwing away 15% of a very limited budget with $0 in cashflow. Now say your business has been validated and you're making $100,000 per year. If the price goes up to $15,000, you're still in a much better position since you have proven cashflows to legitimize that expense. The original $1,500 was actually much more expensive, relative to your cashflows. You would be buying off the assumption that you're business will succeed, rather than when your business is succeeding.

Re: Should I Just Buy This Domain?

#36
post #33

Earlier quoted context omitted.

Based on their website, I'll go out on a limb and say it might have something to do with the computer company owned by one Uzi Nissan.

Based on the website, I'm going to go out on a limb and suggest that less than 1% of the visitors to this site are looking for Uzi Nissan or his company. Maybe it's the giant insurance scam banner that covers more than 50% of the page that makes me think that.

This is what the guy (Uzi Nissan) claims:

http://www.digest.com/Big_Story.php

Re: Should I Just Buy This Domain?

#37
post #33

Earlier quoted context omitted.

Based on the website, I'm going to go out on a limb and suggest that less than 1% of the visitors to this site are looking for Uzi Nissan or his company. Maybe it's the giant insurance scam banner that covers more than 50% of the page that makes me think that.

This is what the guy (Uzi Nissan) claims: http://www.digest.com/Big_Story.php

Find another legit computer business who allocates the majority of their home page to insurance ads and dropdowns with "Astrology Supplies" and "Miami Beach Condos" and I'll care what that guy thinks.

Re: Should I Just Buy This Domain?

#40
post #32

Thanks for all the advice guys! I'd edit original post but I suppose it gets locked. Anyway, I went through with the purchase. I think it was worth it. Does anyone happen to have advice on domain transfer? I have a feeling it gets done through the same I bought it through but not quite sure yet. Hopefully transaction goes through soon / shortly. Thanks again everyone!

What was the name/domain?
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