Domain Squatter Tries New Business: Running Websites
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Domain Squatter Tries New Business: Running Websites
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Re: Domain Squatter Tries New Business: Running Websites
#2What that man does is not domain squatting. He was wise enough to invest into (now) very valuable domain names, which he plans to develop.
Re: Domain Squatter Tries New Business: Running Websites
#3What that man does is not domain squatting. He was wise enough to invest into (now) very valuable domain names, which he plans to develop.
Buying up vast amounts of prime real estate in an extremely overcrowded town and then wasting the property just to earn pennies a day while others desperately need it is not squatting either, huh?
Re: Domain Squatter Tries New Business: Running Websites
#4What that man does is not domain squatting. He was wise enough to invest into (now) very valuable domain names, which he plans to develop.
Buying up vast amounts of prime real estate in an extremely overcrowded town and then wasting the property just to earn pennies a day while others desperately need it is not squatting either, huh?
the domains were bought almost 10 years ago. Geoff has only just joined and immediately
y stopped the trading/squatting and started putting together a team to build products that leverage the domains. Hence the re-branding.
Re: Domain Squatter Tries New Business: Running Websites
#5Earlier quoted context omitted.
Buying up vast amounts of prime real estate in an extremely overcrowded town and then wasting the property just to earn pennies a day while others desperately need it is not squatting either, huh?
the domains were bought almost 10 years ago. Geoff has only just joined and immediately y stopped the trading/squatting and started putting together a team to build products that leverage the domains. Hence the re-branding.
[deleted]
Re: Domain Squatter Tries New Business: Running Websites
#6Interesting, but I think he's way too late to that party.
These short, generic domain names (like perfume.com) had some value 10 years ago, when Internet search was still much more of a chaotic crapshoot.
Today, you could practically run a thriving ecommerce site from just a static IP if you spent a little bit of time on SEO. People go to google, type in "perfume" or "buy perfume" and go off to either the text-ad sites, or the top organic results.
Users have been trained on the idea that "domain guessing" is hopeless, and more than likely to land you on a pr0n site or ad site (like those domains are currently configured).
Also, for many of these e-commerce related sites, there is a large percentage of people who are looking to buy perfume+something else. If your site is so tightly optimized around 1 product class, I think you'll lose a lot of business to people who want to buy 3 products from 1 vendor, not 3 products from 3 vendors.
IMO, the majority of these domain squatters have so thoroughly skewed or ruined how people find products of interest that they have no hope of suddenly turning things around by turning these domains into what they should have done from the beginning.
Re: Domain Squatter Tries New Business: Running Websites
#7Interesting, but I think he's way too late to that party. These short, generic domain names (like perfume.com) had some value 10 years ago, when Internet search was still much more of a chaotic crapshoot. Today, you could practically run a thriving ecommerce site from just a static IP if you spent a little bit of time on SEO. People go to google, type in "perfume" or "buy perfume" and go off to either the text-ad sit…
Users? Trained!?!?!?!? Someone needs to stop hanging out with geeks :)
These domains ARE valuable - both for income generation and resale potential.
http://www.usatoday.com/tech/news/2006-05-09-domainers_x.htm
Re: Domain Squatter Tries New Business: Running Websites
#8"each site will cost him between $1 and $3 million a piece" - are you kidding me? Just to build it out? Wouldn't you build a "test" site first before you invested a million dollars?
p.s. Congrats - to Auctomatic...
Re: Domain Squatter Tries New Business: Running Websites
#9Interesting, but I think he's way too late to that party. These short, generic domain names (like perfume.com) had some value 10 years ago, when Internet search was still much more of a chaotic crapshoot. Today, you could practically run a thriving ecommerce site from just a static IP if you spent a little bit of time on SEO. People go to google, type in "perfume" or "buy perfume" and go off to either the text-ad sit…
Users? Trained!?!?!?!? Someone needs to stop hanging out with geeks :) These domains ARE valuable - both for income generation and resale potential. http://www.usatoday.com/tech/news/2006-05-09-domainers_x.htm http://www.google.com/search?q=domaining
You're going to cite a USA Today article as some sort of conclusive proof of your argument?
The "value" is perceived, often by people who have no idea what they're doing (much like the examples in your USA Today article).
This is a lot like the "value" of various antiques, where antique dealers constantly buy and sell pieces amongst themselves. Did you hear the joke about the 3 antique dealers trapped on an island with a single King Louie VIII chair? They all managed to make a living...
Re: Domain Squatter Tries New Business: Running Websites
#10Interesting, but I think he's way too late to that party. These short, generic domain names (like perfume.com) had some value 10 years ago, when Internet search was still much more of a chaotic crapshoot. Today, you could practically run a thriving ecommerce site from just a static IP if you spent a little bit of time on SEO. People go to google, type in "perfume" or "buy perfume" and go off to either the text-ad sit…
Every SEO person I've talked to or read from always says good domains are the foundation for making money online.
Those domains are still quite valuable.