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

deepsouthventures.com

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

#141

Post by erikb »

Now that we know for more than 15 years that domain names are a crappy business we are back at it? Why? I mean in the 90s it makes sense because there were still reasonable domain names not taken. But everything is taken now, despite a few creative ideas that only work for a short time. And domain names are also not as important any more since people tend to click on the first google link more often than the second, and they don't switch that pattern because the second link is dotCOM.

I would say having a random string as domain name that ranks highly for certain keywords is a much better investment than a cool, creative domain name.

So, why start the whole thing again? If you have money to lose, I can also give you my paypal ID and you just send it to me.

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

#142

Post by erikb »

hrayr wrote: post #8

I sometimes buy domain names on my phone, late at night, in my bed. Usually after hours of laying in bed building out a business in my mind and iterating over and over to see where it leads. Buying the domain name seems to be the last step in the processes, it helps me sleep. I look at the list of my domains every once in a while and pick ideas to work on, but sometimes I have no idea what drove me to buy them, like…

I hope your nick name is never linked to a real life identity, dude.

And it reminds me a little of this one: http://xkcd.com/350/

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

#144

Post by erikb »

swalsh wrote: post #87
k__ wrote: 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.

Have you heard of the money making machine called "gay porn industry"? Just a suggestion.

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

#146

Post by xapata »

diego_moita wrote: post #120

Wrong, very wrong. Generic names say that you are generic, not special. Al Ries[0] describes this as the "The Law of Generic": a brand dilutes itself when it tries to refer to a generic category because it doesn't distinguish itself from competition. He gives 2 examples. There was a company making biscuits that called themselves National Biscuits Company. They abbreviated that to Nabisco and became a brand. There was…

That hypothesis is difficult to falsify and therefore difficult to believe. Can you give an example company that can serve as a proxy for the counterfactual National Biscuit Company that never changed its name?

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

#147

Post by taberiand »

audleman wrote: post #57
vtlynch wrote: post #3

>I immediately gravitate towards the keyword descriptive dotCOM. It instantly exudes trust & authority Strongly disagree. As a result of this type of thinking, I find that the majority of "keyword descriptive dotCOM" domains are usually click-bait or shady content marketing. Sites like "VacuumReviews.com" are almost always full of content focused on SEO not quality, and questionable financial motivations. But I guess…

Agreed. Descriptive.dot.com domain names are the equivalent of generic cereal boxes. I want to go to Amazon for my books, not books.com. I will never go to food.com, or glutenfree.com, or anything of the like. Amy's Kitchen on the other hand sounds compelling. I trust my pets with rover.com, but dogsitting.com? No way.

I have a feeling that the average internet consumer would sooner click dogsitting.com over rover.com

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

#148

Post by dllthomas »

sukilot wrote: post #115
adventured wrote: post #23

Earlier quoted context omitted.

> The general public no longer types domain names. I partially disagree. My opinion is that the general public has learned to type the first letter/s of a site they've previously visited, into their browser url bar. The median Pinterest user on the Web is not going to Google to get to Pinterest.com, even if a small percentage of users do so. Typing those first letters into the browser has become radically more common…

So, you say that people are more interested in "web content about Facebook" than "web content about weather", and they aren't typing in "facebook" to get to facebook.com, and going through google (likely unintentionally)? https://www.google.com/trends/explore?q=weather,facebook

That's the wrong comparison.

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

#149

Post by jlgaddis »

azdle wrote: post #7

Maybe it's just that I lack follow through, but I disagree. I have a horrible habit of buying domain names thinking that I have this great idea, I play with it for a day or two and then abandon it. Actually, in the spirit of this article, if anyone here is interested in any of these, let me know: addressauth.com -- Was going to be a physical address verification service using lob.com's postcard sending API. atomicthi…

I'm picturing this on a business card:

  John Q. Public
  Executive Director, SHIT Foundation
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