Was Registering 30,000 LLLL.net Domains a Good Idea?

Elliot Silver
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I received Giuseppe Graziano’s weekly domain brokerage newsletter this morning, and I was a bit surprised by  one of his observations.  In going through some recent domain industry developments, Giuseppe opined that “the most impressive development that I have seen is the registration of the remaining 30,000 Chinese Premium LLLL.net.”

Giuseppe later continued with some back of napkin calculations on why he felt this was a shrewd investment:

“Chinese Premium LLLL.com (also called “chips” – credit: Tim Schoon) have a current floor price of approximately $300, but their trading range is more in the $400/$600. If we play by the book and assign a value of 5-10% of the corresponding .com for each .net domain, we notice that, even if using the conservative 5% figure, all these LLLL .net should have a minimum value of ($300 * 5% =) $15 each. If someone registers a premium .net for $8, then they should be instantly able to turn a ($15 – $8) $7 profit per domain. Therefore, whoever invested the supposedly $240,000, should have an instant value capture of approximately ($7 * 30,000 =) $210,000, which is not a bad return for a day (or one hour) of tiring work”

In my opinion,

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CompanyName.com: New Domain Marketplace Launched

Elliot Silver
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CompanyName.com made a very generous contribution to Dana-Farber Cancer Institute as a part of my Pan-Mass Challenge fundraising campaign in exchange for the publication of this article.

One of the biggest challenges facing business owners is finding the perfect brand name. This is evidenced by all of the business publication articles discussing brand names and business naming. CompanyName.com was launched to help make the company naming process easier for business owners.

If you visit CompanyName.com and look at the listed inventory, you’ll quickly notice two types of domain name listings – brandable domain names and premium domain names. The brandable domain names are essentially made up words and phrases, while the premium domain names are high value keyword and liquid, short domain names.

The brandable domain names are typically listed for sale in the $2,500 range. I personally find it much easier to sell domain names in the four figure range, and CompanyName.com has priced their brandable domain name inventory right in that wheelhouse. Similar to other brandable domain name marketplaces, a custom logo is included with the purchase. Because of the nature of brandable domain names, customers can easily find other domains that work just as well, so pricing is important.

Examples of brandable domains for sale

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What Domain Names Have You Hand Registered Lately?

Elliot Silver
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One of the areas I have slacked a bit this year is on hand registrations. I haven’t really been big on hand registering domain names for quite some time, but I had hoped to spend more time registering domain names this year than in years past.

I received another great suggestion from Todd asking people to share their hand registered domain names, and I thought readers would enjoy sharing. I am really curious to see whether most new hand registered domain names are legacy (like .com, .net, .org…etc) or if people tend to buy more new gTLD domain names.

Here is a list of ten domain names I hand registered during the last several weeks or so:

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It’s All About Who You Know

Elliot Silver
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I like being able to connect people that I think can do business together. I have no interest in “monetizing” these connections because I like to think if I am able to make a connection for people, they might be able to connect me to someone else in the future.

A few weeks ago, someone emailed me to ask if I could offer any advice about buying a domain name from a large company:

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Sell Your LLL.com Domain Name

Elliot Silver
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Do you have a 3 letter .com domain name for sale? I am always on the lookout to buy LLL.com domains  at good / reasonable prices.

Over the years, I have privately and publicly bought and sold quite a few  three letter .com domain names. I currently own at least one LLL.com domain name in my portfolio, and I am looking to add more of them to my inventory. I am regularly  buying and selling when good deals are presented.

If you are interested in

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How I Reach Out to a Domain Owner

Elliot Silver
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Just about every day, I send emails to domain owners with the hope of buying their domain names. This morning on Twitter, someone asked me about approaching a domain owner to buy a domain name without coming across as a scammer:

“How do you reach out to a domain owner, looking to purchase his/her domain without coming off as a valuation scammer,” I was asked.

I thought I would share some fairly simple advice to people who want to buy domain names directly from the owners.

I think the most important thing is to make a reasonable offer. Money talks. You can be the nicest, smartest, wealthiest, poorest…etc person in the world, but if you don’t offer the domain owner something of value, it isn’t going to get a deal done. There are many things that can be offered, such as cash, equity, collateral, tax deduction, products, services and perhaps other things I can’t think of off the top of my head.

An offer is the

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