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Why a Generic Domain is Important

Earlier, I discussed in detail why I think generic domain names are so important, and I would now like to provide a real world example of the importance.

My wife and I are looking to re-do our kitchen and bathroom floors. Black slate looks cool, but it’s difficult to clean and we want to give our kitchen a fresh look. While at dinner with friends on Friday, we saw that they had black granite flooring that my wife and I both liked. We decided that we were going to look into new flooring options, and our first to stops were HomeDepot.com and Lowes.com, both of which did not have the type of flooring that we want.

Since we haven’t done much renovation other than wood floors from Home Depot, we don’t really know many home improvement or renovation stores in New York, and I haven’t owned or needed a phone book in about 8 years. That said, my first step in searching for granite floor tile were Google searches for “granite floor tiles,” “granite floor tile,” and “granite flooring.”

Had any of these domain names been owned by a flooring company, it’s likely they would have ranked fairly high in Google, since the term isn’t ultra competitive. Fortunately for the existing companies (well, the 5 highest ranking companies anyway), the keyword domain names, GraniteFloorTiles.com, GraniteFloorTile.com, and GraniteFlooring.com aren’t developed.

People often look at generic domain names for their type-in visitor value. Although this is important, it isn’t the primary reason why I like generic domain names. Based on my development experiences, I have found   that keyword domain names generally rank very well in the search engines (Bing moreso than Google), while their competitors with more brandable domain names don’t rank nearly as well.

I may or may not have bought my granite tiles from GraniteFlooring.com, but when all things considered are equal and I don’t have any brand loyalty to a local store, it makes things easier for the company to rank well organically and not have to consistently pay for visitors through SEM, which can be useful but requires continued investment. Generic domain names aren’t the answer, but they make finding the answer much easier.

Why a Generic Domain Name is Important

Most companies and their brand managers prefer their brand name over a generic domain name, after all, they are called BRAND MANAGERS!   The brand helps them stand out from their competitors, and they know (well, hope) their customers will remember the brand name when walking the aisles at Walmart or searching the shelves at Best Buy, or some other retail shop.

Many of the world’s large brands can afford to spend billions or millions on marketing to ensure everyone remembers their company name. They buy television commercials, sponsor the biggest sporting and other televised events, pay for stadium and building naming rights, send billions of direct mail pieces, rent billboards along the highway, have extensive Internet marketing campaigns, and do a whole host of other things to make sure customers and potential customers know who they are – maybe even more than what they actually do.

When a company chooses a unique brand name over a generic domain name, they are missing a big piece of the puzzle – Google/Bing/Yahoo/Ask searches. Sure, a company can pay for search engine marketing campaigns, but organic search results are much less expensive, and they don’t require the same amount of money for constant upkeep, although a great website is costly. SEM costs a lot of money, and if you stop, the traffic will stop coming as well.

Keyword domain names generally perform better than non-keyword domain names when it comes to search engine results for the searched keyword, especially with Bing. When people search for a specific product, and they either don’t know the brand they want or simply want a comparison of brands, they would probably type the product name in Google or search engine of choice.

In fact, have a look at some Google search comparisons of brands names vs the generic name (Global Monthly Search Volume, exact match). You’ll see that although the brands sometimes to get more search volume, there is still a significant number of people that don’t look for brands – they look for products.

Candy: 1,220,000
Hershey: 90,500

Cell Phones: 1,500,000
Verizon Wireless: 3,350,000

Mountain Bikes: 301,000
Trek: 368,000

Vodka: 368,000
Grey Goose: 74,000

This isn’t scientific at all, but it shows that many people either aren’t satisfied with a particular brand or they would like to see some sort of comparison, to get an idea of their options (ie Bing is “the decision engine”). If a generic domain name is well-developed, it will rank right up there organically, allowing the company to capture a significant amount of that search traffic (at no incremental cost). They can compete with the big brands at much less ongoing cost, aside from website upkeep.

With Lowell.com, about 20% of my traffic is type-in traffic. I am sure this percentage is much higher on an established brand like Verizon or Apple. However, there will always be a significant percentage of people who find the website via Google, and many of them are searching for generic search terms, as witnessed above. If a company owns top rankings for a well-searched generic term, they might not need to spend millions on brand marketing, since the consumer might find what they want simply by seeing the meta tags and trusting the generic brand.

If a company owns the generic term, they can build a site on that domain name ala Toys.com, and either brand the generic domain name or make sure there is easy access to get to the main brand. Doing this can help both websites rank for the generic term, rather than just taking one out of commission by forwarding the type in traffic, since a forward rather than a stand alone website will probably remove it from Google and other search engines.

In my opinion, when it comes to Internet marketing, a generic domain name can handily beat a known brand at a fraction of the cost.

Find Domain Names for Sale in Google

Google LogoMost of my domain purchases have come from either direct inquiries to domain owners after Whois searches or by finding domain names for sale listed by companies such as BuyDomains and Sedo. I have also purchased domain names via drop auction, new registration and a variety of other places commonly known by domain investors.

I have also bought domain names that I found were for sale through Google searches. Domain owners sometimes believe that the best way to find a buyer for a domain name is to create a landing page that shows the domain name is for sale. When someone lands on the site, possibly to see if anything is there, they will find that the domain name is available to purchase.

I haven’t heard of many people using this method to find domain names for sale, so I wanted to share a few search queries that might help you find good domain names that are currently for sale by their owners, many of which are not listed on domain sales websites.

Some searches I have used to find domain names for sale include:

  • “This domain name is for sale”
  • “This url is for sale”
  • “Buy this domain name”
  • “Make an offer for this domain name”
  • “To purchase this domain, click here”

In addition to the above search terms, there are dozens of similar terms that can be searched depending on the domain owner’s verbiage preference. Oftentimes, these domain names are not listed for sale on the big brokerage websites. Further, many times the Whois information may be private, although the owner’s email address is actually listed on the website, making it easier to contact the owner.

There are a lot of crappy domain names for sale that you will have to wade through to find good names, but the search could be worth the effort. It may be especially beneficial if you find a different phrase that hasn’t been searched by people like myself, as you may come across even more hidden gems for sale.

Microsoft / Yahoo Deal Increases Value of Generic Domain Names

MicroHooThe Yahoo and Microsoft on-again off-again partnership/buyout discussions have been all over the financial and Internet news for a while, so I don’t need to chronicle those here. Yesterday afternoon, news broke that Yahoo and Microsoft were not only talking once again, but a deal was imminent. This morning it was announced that a deal between the two companies had been completed – finally.

According to Reuters, the upshot of the deal is that Microsoft’s Bing search engine will handle search duties on all Yahoo-owned websites, and Yahoo will be responsible for selling the premium search ads. This means that Bing will now be the search engine for nearly 30% of all searches, up from 8% in June according to a report from Comscore. This is big news for owners of generic domain names.

A few weeks ago, I posted an article stating that Microsoft’s Bing search engine seems to love developed generic domain names. I listed a small sample of search results for generic domain names on Google and on Bing, and they clearly ranked much better on Bing. While I was doing my small sample, noted domain investor Edwin Hayward was doing the same comparison with similar results, and the white paper he wrote shares his results.I didn’t report Yahoo’s search results, but they were somewhere between Bing and Google for the most part.

This is very good news for domain investors, because it means if a company has a generic domain name, it should rank higher for almost 30% of web searches rather than just 8%, making these domain names more desired and valuable. I won’t speculate about what will happen with PPC payouts because domain parking is a very small % of 1% of my total revenue, so I will let other experts provide commentary on that side of things.

I believe this is good news for owners of generic domain names.

Setting Domain Google Alerts

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I’ve discussed why I think its important to set Google Alerts, and I hope you’ve considered the reasons. Not only does it allow me to immediately see breaking news stories related to the domain industry, but it also helps me find articles I may have missed otherwise.

I want to share my domain-related Google Alerts.

Domain
Domains
“Domain Names”
“Domain Name”
Domaining
Sedo
Namemedia
Afternic
“Dark Blue Sea”
Cybersquatter
Cybersquatting
Trafficz
“Elliots Blog”
“Elliot Silver”
ElliotsBlog.com

I have most of my alerts set to Comprehensive as it happens, allowing me to receive them nearly instantly, as they are indexed in Google. Since I get dozens of alerts every day, you may opt to set your delivery to once per day or week. Keep in mind, the more alerts you set, the more emails you will receive.

It’s also a good idea to set alerts for your domain names and websites as well. I have many Burbank, Lowell, and Newburyport related alerts as well.

Bing vs. Google .com

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Want to see a side-by-side comparison of how your developed websites rank in Bing and Google? It’s as simple as visiting Bing-vs-Google.com. This new website shows the results from both search engines directly next to each other, allowing you to easily see how your sites rank and the description and title for each page. Sure, you can just go to Bing and Google independently, but why not search both at once?

From my point of view, the most interesting aspect of this is the domain name.   It would seem to be a risky endeavor to use both trademarks in a single domain name, especially because Microsoft is known to vigorously defend its marks. I don’t see any monetization of the website, so I don’t know about the legal issues.

The New York Times has an article in today’s paper, where they cite this website, so I am sure if it wasn’t on either company’s radar before, it is now. Ironically, the domain name without the dashes (BingvsGoogle.com) is also registered but is undeveloped. That page has the default Godaddy landing page, which is monetized with PPC links, potentially causing problems for that owner.

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