Domain Industry Recruiters Need to be Discreet

The domain name business is small, and the business of domain investing is even smaller. It seems that most people involved in the domain space  know each other or know of each other. This can pose challenges for people who work  in the business and need to be discreet. One such example is job recruiters / head hunters.

Enough time has passed that I am comfortable sharing this story. A while back, a recruiter reached out to me about a job opening at a domain industry company. I am pretty sure she found my information on LinkedIn, although I am not sure why she felt I was qualified for the position. The strangest aspect of her recruiting email was that the position was currently  filled by someone I know. This person apparently didn’t know the company had engaged a recruiter to find a replacement.

Generally speaking, recruiters need to be discreet because most people aren’t comfortable discussing other job opportunities over their work email or while in their offices. The onus is typically on the job applicant to be discreet when communicating with a recruiter, although a good recruiter should also be discreet.

When it comes to hiring within the domain industry,

Not Always Great to Buy a Domain Name for Someone

The most difficult part of a domain deal is often the domain name transfer. This process can be especially frustrating when dealing with a buyer who is not all that experienced with domain name transfers and doesn’t know how to facilitate one. This can be even more frustrating when the value of the deal is lower than usual.

The other day, I posted a poll asking people if they have ever given a domain name as a gift to someone. The majority of people who participated in the poll were like me and have bought a domain name for someone else as a gift. Sometimes, buying a domain name for someone else isn’t such a great idea.

Nearly all of the time I have bought a domain name for someone, they have not taken possession of the domain name from me. Either they don’t have the need for the domain name (yet), or they simply don’t know enough about how to actually get the domain name. If I were to guess, most of these people have never even owned a domain name before and they wouldn’t know how to open a registrar account and initiate an account change or a transfer.

For the most part,

Forum / Blog Complaints Should Be the Last Resort

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We go through quite a bit of propane each month during the Fall and Winter months. Our 500 gallon propane tank needs to be filled monthly and sometimes twice monthly if the weather is extraordinarily cold. Yesterday, the  propane tank was filled and I noticed the price was 35% higher than last year’s price for the same time period. I looked at the Massachusetts Propane Price Survey and saw that the year over year average price was only 6% higher this year.

Because the propane company owns our tank and we are contracted with them to fill us at their market rates, there was little I could do. I called the company and someone there offered to lower the price by a few cents a gallon. This was nice, but it wasn’t really satisfactory to me, especially since they could continue to increase our rate with the only option being to reduce our usage (no, thanks).

Instead of taking to Yelp, NextDoor.com, or some other local website where people chat or give reviews to talk about my dissatisfaction, I did something else: I emailed a couple of company executives and the local office manager. I explained the situation and told them why I felt that I was being overcharged. I was polite but firm. I need them to deliver my propane in a timely fashion, and if I ever run out of propane during a storm, I need them to be willing to deliver my propane in an emergency situation. I can’t risk burning a bridge with a company I am going to continue doing business with for the foreseeable future.

This morning, I received a call from the manager who lowered the price considerably for this month’s and last month’s deliveries, and he assured me they would keep an eye on my account. He understood my position and we quickly remedied the situation. The price is a bit higher than I would like it to be, and it is probably a bit lower than they would like it. However, an email to the right people followed by a phone call was all it took to fix this situation.

Too often I see people posting

Just Send Your Top 5

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People regularly email about their domain names. Most people seem to want to sell me their domain names. The polite people ask me if they can send me their domain names to review if any fit my purchasing needs. The not as polite people simply email me a big list of names without a prior introduction or any type of business relationship.

When people ask about sending me a list of their domain names, I typically ask them to send me a few of their best domain names. Sometimes I’ll say send your 10 best and other times it’s a top 3 list. The point is to get them to cull the list instead of thinking that I will do it for them.

Realistically, the “best” domain names in a portfolio would be a small percentage of that portfolio. If someone asked me to share my top 5 names, I would quickly say

If You Want Something, Ask

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I want to share a tip that may help you close sales, get better deals, and potentially improve the products and services offered by industry companies. If you don’t see a product or service offered by a company that you think would help your business, ask them to add it. I have found that many are happy to oblige.

Chances are good that if you think something will help your business, others have the same thought as well. It can be as simple as adding a currency to the checkout option to as complicated as suggesting a deal structure that is atypical. If a company is able to add the product or service in a way that they can monetize profitably, many companies  are willing to consider it.

I have found that some of the largest companies have

Use DomainIQ to Help Consolidate Your Portfolio

domainiq-logoI pay for a monthly membership to DomainIQ that I use mostly to find domain names to buy. DomainIQ allows me to identify domain names that are owned by a company or associated with a particular email address. I thought of another way to use my DomainIQ membership, and it might be especially useful to people with larger portfolios.

When I was having a look at my own portfolio on DomainIQ, I realized that the results also include the domain registrar where each domain name is registered. I had look through my portfolio, and I found a few domain names at domain registrars I don’t recognize. Although a few of those registrars are owned by Network Solutions and the names were in my NSI account, there were a couple of domain names at registrars I don’t use regularly. This tool enabled me to initiate transfers and consolidate my holdings. It’s a nice additional way to use my membership.

As you might imagine,