Do Not Buy Trademark New gTLD Domain Names

Elliot Silver
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9

This advice is going to sound pretty obvious to most of you, but I am going to share it anyway because there are people who are looking at the new gTLD domain names as an opportunity to make money from domain investing. Do NOT register trademark, non-descriptive domain names, and certainly do not offer grey area names to companies that have those trademarks!

Early on when domain names first became commercially available, there were people who registered domain names before trademark holders were able to purchase them. You can read one such instance in Wired regarding the registration of the McDonalds.com domain name. Later on, people registered trademark typo domain names in addition to other TM domain names, and they made money from

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Know the Former Owner’s Asking Price

Elliot Silver
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2

I received an inquiry on a domain name a couple of weeks ago through a  DomainNameSales.com  broker, and I priced the domain name at $75,000. In the course of the negotiation, the prospect mentioned to the broker that he had seen the domain name listed for sale on Sedo for $30,000 about 6 months ago, and he made a $30,000 offer to the broker. He also wanted to know why the price increased by such a large margin in a short period of time.

Prior to this experience, I hadn’t really thought about tracking down a domain name’s price history before buying it, but perhaps it is a good idea.

When you are buying a good or service at a store, the price rarely changes by much over the course of a year or two. If the price does change, it’s not generally drastic unless there is a reason that most people would know about (shortage, storm, illness…etc). With real estate, there are price fluctuations, but they tend to be more gradual unless the seller wants to move a property quickly, and the changes tend to be more publicly known and go with the market conditions.

The domain name resale market is a dynamic market

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5 Tips to Keep Your Domain Registrar Account Secure

Elliot Silver
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0

I am by no means a security expert, but my domain names are my company’s main assets, and as such, I do my best to protect my domain name assets as best as I can. I want to share some practical tips to helping you keep your domain registrar account secure.

Unfortunately, I don’t know of any 100% failsafe way to protect your domain registrar account, but hopefully these general tips will help you out. As always, contact your domain name registrar if you have any questions about account security or if you have specific questions about your account.

Keeping your domain name accounts safe:

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Can Logo Design Contests Help Find Buyers?

Elliot Silver
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I want to share an interesting anecdote that Domainsville’s Abdu Tarabichi shared with me last week, and it’s something that may be helpful to you. I omitted the domain name and keyword out of respect for his private transaction, but for the purpose of this article, I don’t think that information is necessary or beneficial.

Here’s what Abdu had to say:

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Responding to a Negative Email

Elliot Silver
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If you’re a domain name investor, chances are good that you’ve received a negative email for your business. Whether you’ve inquired about a domain name owned by someone who doesn’t want to sell (or sell close to your offer), or you’ve fielded an inquiry from an entitled person who thinks their company has the rights to your domain name, it’s likely you’ve had to deal with a negative or angry email. I want to share some advice about how I respond to negative emails.

When I am trying to buy a domain name, I usually make an offer in my opening email, As I mentioned yesterday, I would guess that 90% of my purchase inquiry emails have an offer in them. I do my best to give fair offers that at least open the door, but some people take exception to my offer. Most of the email responses I receive are cordial, but some are of the “go pound sand” variety.

When I receive an angry reply to an offer, I

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Why You Might Send Inquiries Through Domain Name Sales

Elliot Silver
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DomainNameSales.comDespite the fact that the landing pages on many of my domain names indicate they are for sale and give a prospect the ability to contact me, I still receive a number of inquiries for domain names via email. I sometimes like to use the DomainNameSales.com  tools to help me with my sales. Domain Name Sales (DNS) was founded by Frank Schilling a couple of years ago, and it offers quite a few domain name sales tools at no cost to users aside from commission paid on brokered deals.

In this post, I want to share three reasons why I find it effective to either send a prospective buyer to my DNS-based for sale landing page to enter an offer, or I enter the buyer’s info in my DNS dashboard on my own. You are welcome to share why you also use DNS or why you wouldn’t use the platform.

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