Ask Inquirer for Other Domain Names

Coming up with a list of great domain names you want to buy can be an endless process. I am always reading things and thinking about domain names, and I don’t think it would be possible to come up with a comprehensive list of good names I would buy (endless.com, process.com, always.com, thinking.com, possible.com, comprehensive.com to name a few from the first two sentences!).

Inquiring about domain names is also a time consuming process. You need to do Whois searches to find the owner, investigate to get good contact information, craft emails, and for the best results, you will likely need to come up with a reasonable offer to start the conversation. Being good at this takes time and it may be difficult to do this effectively.

I thought of a way to generate acquisition leads that I want to share with you.

Does it Pass the “Radio Test?” Ask Siri

Most branding professionals would recommend that a brand name must pass the “radio test.” This means that someone who hears the name of the company on the radio would know how to spell it in order to find it online or to recommend the brand to someone else who could easily find the website.

Even with the advances of Google and spell check, I think it is very important for a company’s domain name to pass the radio test. A website may never actually advertise on the radio, but there are plenty of reasons for why a domain name should be easy to recall and share with others.

George Kirikos shared some great advice on Domain Boardroom about how you can tell if a domain name passes the “radio test,” and he allowed me to share it with you. Simply take out your iPhone and ask “Siri.” If Siri can locate the website you are seeking, you’re likely in the clear. If Siri can’t find the website or doesn’t understand what you are looking to find, even with the assistance of its AI engine, you might want to rethink your brand and domain name.

If you want to

Escrow and Aftermarket Platforms Don’t Do Your Due Diligence

I am not sure why this is the case, but I think some people believe that using an escrow service like Escrow.com or an aftermarket platform absolves them of the need to do due diligence when buying a domain name. This is incorrect, and this thinking could be harmful.

When I buy a domain name, I use a variety of tools and insight to ensure that the domain name was not stolen and being sold by someone who doesn’t have rights to sell the domain name. I also use my instincts to determine if there is something that doesn’t seem right with the situation. There are quite a few ways that I determine that the deal is legit, but I do not rely on the escrow service or the aftermarket platforms to do it for me. I don’t believe either of these options were created to perform due diligence beyond cursory checks, and relying on them to do something important like is not a good idea.

If someone were to

Remove Dormant Sale Listings

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This morning, I was confirming a Whois update on a domain name I bought, and I saw the  “for sale” graphic on the DomainTools Whois lookup page. I clicked through, and I saw that the domain name was listed for sale at Sedo. To remove this domain name from Sedo, I contacted security@sedo.com, and they took it down right away.

It is important for domain owners to remove listings after they sell a domain name, and it is also important to make sure recently acquired domain names aren’t listed for sale in someone else’s account. I regularly forget to see if domain names I bought are listed for sale, but I should be more vigilant about it.

In the case of the domain name I bought, a former owner had a minimum offer price well below the number at which I would sell the domain name. It was not a buy it now price, but I would imagine that some

Explain the Reach of a Domain Name

When negotiating the price of a domain name with a prospective buyer, I occasionally encounter resistance citing the size or reach of the prospect’s business. The buyer can’t afford to spend the asking price for a domain name because his or her company is small or not yet created. This resistance is understandable, but they need to understand why the domain name is more expensive than they can afford.

I am not a huge proponent of educating buyers about the value proposition of a domain name. If they have inquired about a particular domain name, they likely understand why the name has value without having to explain. However, it can be helpful to explain why the domain name is worth its asking price.

Let’s say a local

Why I Am Not Investing in .WS Domains

If you know much about me, you know that I almost exclusively buy and own  .com domain names. I own a handful of non-.com domain names, but the vast majority of my investments are .com domains. I don’t anticipate that will change in the short term.

Yesterday, Braden Pollock published an article about why he bought a self-reported six figures worth of .WS domain names. As you can see, there were a lot of comments, and I think having a public discussion like this is a good thing.

This morning,  I want to share a bit about why I wouldn’t invest in .WS domain names (at least not now).

In my opinion, buying domain names like these is gambling that Chinese buyers will want to buy them at a premium price above what I paid. Buyers based in China seem to be buying a ton of non-.com domain names, and I still don’t understand the Chinese domain investment market. I have seen various extensions selling