I want to share a photo I took yesterday afternoon on my way home from swim lessons. The billboard is advertising Direct.com, a domain name used by a local credit union called Direct Federal Credit Union. I spotted the billboard on I-95 in either Needham or Wellesley, Massachusetts. It was the first time I can recall the name of this credit union before, and I think it is an effective advertisement.
i bought a three word call to action .com domain name via DropCatch.com at the end of 2017. I don’t think the domain name had much traffic shortly after acquiring it. All of a sudden, my domain name has been getting a considerable amount of traffic. I have also been getting phone calls and emails via the domain name inquiry form.
I think I make it pretty clear on my business contact page that I am not a domain broker: “Top Notch Domains, LLC is not a domain broker and does not offer private domain consulting services.” I have enough domain names to sell in my own portfolio that it does not make sense for me to spend time selling domain names owned by other people.
A few days ago, I had a prospective buyer land on one of my BIN landing pages and fill out the form with his information to indicate that he agreed to buy my domain name for $7,888. I reached out to him and opened escrow at Escrow.com. I didn’t receive a response to my email confirming his purchase, but he created an account at Escrow.com (or already had one) and agreed to the transaction.
I followed up with him again via email after he agreed to the Escrow.com transaction. I wanted to find out when he anticipated submitting his payment and find out whether he would want me to push the domain name to his GoDaddy account or transfer it out to a different registrar. I also wanted to touch base with him because people don’t typically buy domain names from me like that without trying to negotiate a better deal or simply buying through GoDaddy or other registrar via Afernic (I only have a very small fraction of names that use my BIN landing page though). I did not receive a response to this second email and got a bit suspicious.
Later on that evening, I decided to
There are quite a few benefits to investing in domain names. You can work from anywhere in the world and can work any time you want. If you invest part-time, you can hold a full time job if you want and supplement your income with domain names. You can work as much or as little as you want buying, selling, and researching domain names.
I know people who love the business of domain investing, but I also know some people who think it is as boring as heck. I can see both sides of it.
I spend most of my time working alone. I might have 3 phone calls with other investors a week – and that’s a busy week. I spend quite a bit of time negotiating with buyers and sellers, and that can be fun and/or frustrating. Domain investing can be exciting and exhilarating, but some people can also find it boring because it can be tedious and lonely.
Do you think domain investing is a boring business?