Buying Domain Names

Francois Carrillo Launches DomainHacks.com

One of the more popular web 2.0ish website branding ideas from startups is to use domain hacks. Many companies do this in lieu of the standard “web 2.0” creative names that reside on .com, most likely because even these domain names aren’t available to hand register.

In case you aren’t aware, a “domain hack” is a domain name that uses the ccTLD extension as part of the branding instead of .com.  For example. the url shortening company known as Bitly operates primarily on Bit.LY, using the .LY extension, which is overseen by the government of Libya.  Smartly, the company also owns Bitly.com in the event of consumer confusion.

Francois Carrillo, the owner of Domaining.com, has recently launched DomainHacks.com as a marketplace to buy and sell domain hack domain names.  This comes on the heels of other marketplace and website launches, including NumericDomains.com, CAX.com, and Flipping.CO, which have both launched in the last several months.

Carrillo’s network of domain investing investing websites is impressive, and it wouldn’t surprise me if one of the larger domain companies makes a play to acquire it because of the traffic and eyeballs it commands.

If you are interested in looking to buy domain hacks, Name.com offers some competitive pricing on many ccTLD extensions. I personally don’t own any domain hacks, but it’s an opportunity some people might be interested in researching.

What’s the Least Valuable Domain Extension?

Aside from some small speculation in new TLDs, I don’t really buy anything other than .COM domain names. In fact, I looked through my Moniker account where the bulk of my domain names are registered, and around 2% are not .COM names. 2% may even seem him to some people, but keep in mind that this includes personal names like ElliotSilver.net/.info and other protective registrations rather than investments.

I recently saw a couple of decent keyword domain names for sale in a domain forum, but because they were in an “alternate” (not ccTLD) extension, the price was pretty low and there were still no bids.   One name would be a high 6 or low 7 figure city.com domain name, but the owner was asking for under $2,000 without any interest or public offers. I also think this domain name in its country code ccTLD would be worth several thousand dollars.

It got me thinking about the value of non-.com domain names (I was not considering ccTLD domain names). In your opinion, what is the least valuable domain extension? Feel free to post the reason you think the extension doesn’t have much value. This is more out of morbid curiosity than anything else.

Looking to Buy .COM Profession Domain Names

I am looking to buy a couple (or maybe more) high quality profession domain names, and I would be interested in seeing your priced submissions. As I always do, I have posted the requirements for the domain names I want to buy.   Please do NOT submit names that do not meet ALL requirements set out below. No exceptions.

  • Profession (like acting coach, dog walker, or private pilot)
  • .COM only
  • At least 15,000 local exact match searches a month (GAKT)
  • Domain created (registration date) before 2001
  • Price $5,000 or below
  • Domain names not currently on the market

If you have names that are more expensive, I am probably not interested for this project. I have been buying names like these for the last two years, so I know they are out there to buy. I am a motivated buyer, but please don’t waste your time or mine by saying something like, “I know this doesn’t meet all of your requirements, but…

If you would prefer that the domain names with prices not be revealed, just submit the domain name via comment and say something like (please remove this) and I will do my best to delete your comment and follow up with an email.   I do expect that you’ll submit names that have prices though since that’s a requirement.

Again, I can’t stress enough that the domain name should meet all requirements set out above.

Also, I am not looking for geodomain names – like NewYorkLawyer.com for this.

BP Cares About BPCares.com

BP CaresThere was a lot of commentary on Rick’s Blog when he mentioned that he bought and was successfully monetizing many BP-related domain names. It seems that whenever Rick writes something controversial, there are dozens of opinions voiced in the comment section of his blog, and this post was no different.

I received a Google News Alert today about an article appearing on Charlotte, North Carolina’s Fox affiliate website about the owner of BPCares.com. Apparently BP wants to acquire BPCares.com from the registrant, and he isn’t interested in selling it to the company. According to the article, the domain registrant purchased this and other companyCares.com domain names apparently after seeing NBACares.com used in action by the National Basketball Association.

The article mentioned that BP has tried to buy this domain name more than once and that the company keeps calling him about the name, but it didn’t mention whether BP threatened a UDRP or any other legal action. In my opinion, it wouldn’t be outside of the realm of possibility if it did threaten legal action, especially since the owner apparently confirmed that he registered other names related to other companies.

Smartly, the domain owner does not appear to have BPCares.com monetized (or even resolving to another website), and he didn’t mention a sales price, so perhaps his aim wasn’t to profit from the BP brand. However, it does appear to be listed for sale on Sedo without an asking price.

I don’t understand the motive for having this article written, as it only serves to show that he did register the domain name along with other corporate domain names that are similar. A quick search shows the registrant also appears to own GoogleCares.com and DisneyCares.com. If the registrant or someone he knows hadn’t mentioned the situation to the news station, it likely would have remained below the radar.

Let’s hope for his sake that BP doesn’t care enough about BPCares.com to take legal action because that could get quite expensive.

Dear IREIT, Is Anybody Home? Does Anyone Work There Any More?

About 10 days ago, I posted an article about Internet REIT’s new website, DomainMarketplace.com.   I had received an email from Lisa Box who is VP of Sales at IREIT announcing the newly launched domain sales website.

Actually, that last sentence should read “was VP of Sales at IREIT.”   Apparently, Lisa no longer works at the company, as I found out when I tried to send her an email with an offer on two domain names I am interested in buying. According to her updated LinkedIn profile, Lisa is now Senior Director of Sales at Oversee.net (congrats to both).

When the email to Lisa bounced back to me, I sent another email to a second contact I have at the company who handled a couple of sales for me several months ago. That email also bounced back to me as undeliverable.   I finally sent an email to the email address on the website, and that also bounced back as undeliverable.

I made an offer directly on the website for one name, and I would like to buy a second domain name at the asking price, but I don’t know who to contact and I never heard back about the first offer. At this point, I don’t trust that my credit card will even be processed if I place my order online, so I am not going to place an order. I called their phone number, and of course I got a voicemail prompt.

So my question is… Does anyone work at IREIT anymore? If so, perhaps someone can be in touch so we can do some business.

Before You Register a Domain Name…

Registering a new domain name is simple. All you need to do is visit Godaddy, Name.com, Register.com, Moniker.com or another domain registrar of your choice, enter your domain name and extension, give your credit card number and personal information, and you are the owner of a brand new domain name for less than the cost of lunch. It’s that easy, which isn’t necessarily a good thing.

As I can see by some of the comments on my blog and mostly elsewhere about the NewYorkNewYork.com judgment, there are a lot of people who don’t understand the legalities about owning and using domain names in a legal manner. An innocent $10 domain registration can almost immediately become a potential $100,000 liability simply by using it in a way that infringes upon another company’s trademark.

Even though it’s simple to buy a domain name and put it to use immediately, domain registrants need to know the laws with regards to properly (legally) using a domain name. The Anti-Cybersquatting Consumer Protection Act is a good place to start, and I would also say a dose of common sense would be helpful too 😉

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