Buying Domain Names

Make Sure Your Domains Make Sense

Today, I saw a domain name on a drop list that had two strong keywords, and I almost bought it.   I did a bit of research, and I immediately realized why it hadn’t been renewed by the owner – it didn’t make sense as a domain name.   Calcutta is one of the largest cities in India, and there are millions of people in the world who practice law.   However, in India, I don’t believe these people are called lawyers.   Therefore, CalcuttaLawyer.com, which has under 60 results in Google for “calcutta lawyer” would not make sense as a domain name.

On occasion, I will see a well priced domain name that has a couple of strong keywords, and I have to do a bit of research to see why it’s priced so cheaply. Usually it’s because it doesn’t make much sense as a domain name. Would you want to own HawaiiSkiing.com?   I think not!

When you come across a domain name that looks interesting, check out the number of results there are in Google for the quoted term.   You should also check the number of searches that are performed for that keyword.   While there are plenty of gem domain names that can still be found every day, there are plenty of worthless ones as well.   Knowing what’s worth something and what’s not will end up saving you a lot of money!

Nice Legal Drops on SnapNames

I noticed some pretty good legal domain names on Snapnames dropping in the next few days. I really like town/city + attorney or lawyer names, and there are several. I pointed a few of them out in my “Top Drops” page, but there are some other pretty good ones at good prices. I think many of the city legal names could sell for several hundred dollars to a local lawyer.

Check out some of the lawyer names and attorney names as well as the names that end with the keyword lawyers and/or attorneys when you get a chance.

Some of the names that I think are great (and CHEAP) are:
TauntonLawyer.com
TauntonAttorney.com
TomsRiverLawyer.com
BossierLawyer.com
CarsonAttorney.com
LynnAttorney.com
NewRochelleAttorney.com

Using Traffic Data to Register Domain Names

A few years ago, I bought a couple of domain names for my dad’s business – one of which is the exact name of the store and the other is the shortened version, as it is commonly known. My dad had a website built, and about two years ago, he had Verizon re-design and manage the site, as part of his advertising with Super Pages.

Because it’s a local business, my never really focused on building a highly interactive website.   IMO, the main point was to have a website to inform people of the business who use the search engines or SuperPages.com. I figured that as long as there was information about the business, the brands carried, the store hours, and contact information, all would be good.   I never paid much attention after the site was launched.

Last week, out of curiosity, I installed a tracking code on the website, and I began to see how people were finding his website.   There wasn’t a lot of traffic (under 20 UV/day), but a good enough amount that it might be important to re-design the site. I was able to see that most people were finding the site via Google searching for the name of the store, and most had IP addresses that were local to the store. I also saw that some people are searching Google for industry keywords plus the city or region. Finally, I noticed several Google searches for a couple of long tail keywords that are important to the industry.

Interestingly, my dad’s small business is ranked in the top 10 for these two long tail industry keywords, and I also saw that the keywords in .com were deleted.   I decided to register the names and am now going to see how I can leverage the domain names to help improve this ranking. I am not an expert in this area, but even if owning the keywords don’t help the store, at least someone else can’t register and develop them, which would hurt the store’s ranking for these keywords.

I think website analytics is a neat way to locate solid keyword domain names, and I plan to do some searching through my websites to see if I can find any unregistered keyword terms.

How would you leverage a keyword domain name to help boost the traffic to a developed website?

Investing in Call to Action Domain Names

Major corporations seem to like call to action domain names nearly as much as they like their branded domain names. Call to action domains can be more memorable to a consumer than just the brand, and it typically encourages the consumer to take action quickly. They are less expensive than generic domain names, and they’re more readily available.   They can also be more trackable than a standard brand URL.

Call to action domain names are frequently used for a short period of time, usually during a company’s interactive or integrated marketing campaign. They are liked by companies because they can help spread a message, usually in a fun way. They aren’t typically expensive to acquire, and many of the creative ones that incorporate a company’s brand are unregistered.

For a domain investor, the problem with owning these domain names is that there are several obstacles in selling them:

1) The company could easily change a word to differentiate and buy an unregistered version (CallUsASAP.com could easily be changed to CallUsRightNow.com)

2) Because they are short campaigns (usually), the budgets for creating the advertisement are typically more limited – with the exception of the Super Bowl and a few other big advertising times.

3) It’s hard to find one of these names before it’s in demand, and to acquire a great number and hold on to them, it can be cost prohibitive.

4) Usually the advertising agency creates the advertisement, and they don’t want to spend their allotted budget on a domain name, when the money can be billed for internal labor costs rather than external unrecoverable costs like a domain name.

5) On a creative pitch, there are usually 5-10 ideas and 3 final ideas presented to the client.   Between the internal agency pitch and the pitch to the client, there isn’t much time to negotiate a domain acquistion.   Agencies won’t pitch an idea to their client unless they know exactly how much a domain name costs.   Getting in touch with some domain owners is difficult, and if they can’t secure the name before the final client pitch, the idea may be ditched. The last thing they want to do is get the client on board with a great idea, only to tell them it’s not feasible because of cost or because they can’t even get in touch with the domain owner.

I get a lot of emails from people asking my opinion on call to action domain names. While I think many of them are neat from a consumer’s perspective, I think it’s very difficult to sell them to a company. I highly doubt a company will tailor an expensive advertising campaign around a domain name, and they probably wouldn’t acquire it for a future campaign (all of this assumes the domain owner is even able to get in front of the marketing decision maker).

My advice is to own a couple of these names if you must (buying them at registration fee), but don’t spend too much money on them.   Buying call to action domain names is more like playing the lottery.

***Edit***
Just for further proof about this, next time you see a call to action domain name, do a Whois History search on it. See if the company was the original registrant and when the domain name was registered. If you see that it was previously owned by someone, drop them a note and ask them about it. I’ve learned some interesting things about domain acquisition strategy (much of it I can’t post because they asked me not to make it public). I think you’ll find that most of the call to action domains that are being used were originally registered by the company using it, rather than being older domains acquired in the after market.

Looking to Buy a Premium Shop/Store Domain

Subscribe to Elliot's BlogI am looking to buy a shop/store domain name.   For me to buy it, the domain must meet ALL requirements listed below.   If it doesn’t meet every requirement below, I won’t even consider it, so please submit names that only meet the requirements below. I plan to build a site around this name in the coming year, so while I am open to a variety of domain names, my requirements are for specific reasons:
Requirements:

  1. Must be a .com
  2. Must end in Store.com or Shop.com
  3. Must have been registered pre-2003 and show that date (no drop catches)
  4. The .net, .org, and .info for this name must be registered and owned by someone else
  5. Must make grammatical sense – ie CurtainShop.com or CameraStore.com rather than CamerasStore.com or CandiesStore.com which make no sense
  6. Must make logical sense – ie ShoeShop.com or CarpetStore.com rather than PrettyStore.com or BankStore.com which make no sense
  7. No hyphens
  8. Price must be under $25,000

Again, I have no need for lesser quality domain names for this, so please don’t submit anything that doesn’t meet ALL requirements. If your name is great and is above $25,000 – congrats on getting a great name, but it’s not for me for this project.
Thanks!
I reserve the right to post all domain names submitted and/or not post domain names I don’t wish to post.

TropicalBirds.com Development Update

Subscribe to Elliot's BlogOne of my readers asked me to provide an update on TropicalBirds.com, and I am happy to do so to encourage others who are like me (no development skills) to consider full scale development. I initially purchased TropicalBirds.com from BuyDomains back in May for several thousand dollars. I parked it for a couple of weeks and found that the traffic was very light, with only a few visitors per week. I was a bit surprised given the name, but my plan was to develop it.
I worked with LogoJeez to create the logo for around $200, and Kevin created the template in html.   I did some research and had a copywriter write about 80 articles about various types of tropical birds. I did keyword research on all of these birds to capitalize on the long tail, and I added photos from Wikipedia and some Adsense spots. As the weeks passed, I also added two sections for breeders – one listed by breed and another by state, with each page having different content.   I did the same for avian veterinarians by state.   I also embedded YouTube videos on the site.
One error I made was at the beginning when I misjudged the eventual size of the site.   By building it with html   instead of php, I need to manually update every single page whenever I make a change to the sidebar.   This is easy for a 10 or even 20 page site, but when it gets to be 200+ pages, it’s a huge challenge, and one that I haven’t been inclined to do very often.   With php, the sidebar, header and footer are listed on individual pages, and all other pages link to them, so you just need to make one universal change – MUCH easier.
The site has seen pretty remarkable growth over the last few months, which I attribute to the content that was written specifically for this website. On average right now, the site is seeing around 95 visitors per day, and that number is growing pretty rapidly (some days it is over 150). For a long time, only the home page was listed in Yahoo, but as of November, nearly all of the pages are listed in Yahoo and climbing. The site does well in Google, too, ranking well in many long and short tail keywords. Over 80% of the traffic is from search engines.
As I mentioned a while ago, when I was contacting breeders for link exchanges, I met a lady who asked to advertise. We struck a deal and she is the paying breeder sponsor for several of the breeder pages.   I haven’t spent much time seeking other advertisers or link exchanges due to higher priorities. The site generates revenue from Adsense, but it isn’t a very large number.   Because the site is written in html, I haven’t done any Adsense banner testing at all (too much trouble to make changes).   I currently have a link in the header and 2 link bars that you have to click through twice to generate revenue in the sidebar.
Needless to say, I became very frustrated with the difficulty in making changes, and I was contemplating selling the site to let someone else bring it to the next level.   However, I decided that I am going to build a php template and spend a couple days converting the site and then do a 301 redirect to the new pages.   I will test various Adsense configurations on different bird breed pages to see if that will generate more revenue. I will also look for some affiliate partners to offer bird food, cages and supplies. This site is full of good information, and it continues to grow – so there is no reason to sell it now.   I’ve found that tropical bird lovers are passionate, and they spend a lot of time on the site.
I built a bird forum on the site but have it blocked from Google bots due to worries about duplicate content. When a forum is first launched, the base pages (dozens of them) are the same as thousands of other new forums, so I didn’t want to be penalized.   I think the forum will be a big hit once I let it go and it gets indexed, attracting new members. Since there are about 40 posts, I will unblock it after the php pages get indexed. I will also be adding a news section to the new site.
The most important thing I learned is that content is king.   If you have good content on a category killer domain name, the search engines will find you and visitors will find you as well. Keep adding content and you will generate revenue and add value to your site. I am hoping traffic will continue to grow and that my testing will ultimately pay off.
I was recently asked to speak about development at DomainFest Global at the end of January, and I plan to provide another update on the growth of TropicalBirds.com as well as my other sites (if I have time). I will hopefully have some new information based on the new template and design of the site, and I am happy to share that with you. Development isn’t easy, but if you find the right partners, you can make it worthwhile. Just based on an earnings multiple alone, the site could be sold at a very strong profit right now. The long term goal is to keep it and increase the value – both to the birding community and ultimately to its economic value.

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