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Updates

Saturday Update: Kentucky Derby Special

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Today is the Kentucky Derby, the annual horse race watched by millions. I am going to be attending my first Kentucky Derby party in a few hours, with none other than David Castello and apparently a few other geodomainers. I’m not a horse racing fan, so I may have to stop off at the OTB (off track betting) place down the street and put some money on a horse.

Anyhow, here are a few updates:

  • Uncle Mo, the favorite to win the Kentucky Derby, is not running today due to an injury. Want to learn more about Uncle Mo or buy some Uncle Mo gear? He has a website – UncleMo.com.
  • Here’s one tip to help with your SEO. Try to get one back link to your website a day, and try to add one new article every day or two. If writing is tough for you, use a site like Textbroker. Backlinks may not be easy to get, but it’s easier if you have compelling content on your site, and fresh articles can help with that.
  • Great post by Shane Cultra today about turning $69 into $80,000. Check it out when you have a few minutes.
  • I don’t know about you, but every time I think about the Monte / Oversee situation, it really upsets me. I use to think that any time I had any issue at Moniker, I could send Monte an instant message, email, or make a call, and the issue would be resolved. Bari is great, but things aren’t the same.
  • You know what I find strange? When someone offers $1,500 for a 3 letter .com domain name via Sedo. Does someone really think a person would list their name at Sedo and not have a clue about domain valuations. Sure, the rare cheap 3 letter .com sale happens, but it’s usually made when a buyer approaches an uninformed seller and gets a great deal, but it doesn’t happen on a domain aftermarket platform. Those types of offers are just irritating and get canceled immediately. No point in negotiating with a lowballer.

Sunday Afternoon Update

Hope you are having a nice weekend. I’m exhausted, having just completed the 44 mile 5 Boro Bike Tour this morning. My muscles are sore, but it feels great to have done this for such a great organization.

Here are some of my thoughts this weekend:

  • I am very surprised that Boston.net didn’t meet it’s reserve (somewhere under $25,000) at Sedo last week. I was almost positive the domain name was going to sell, although I personally don’t invest in .net domain names.
  • I am strongly thinking about re-developing TropicalBirds.com using my DogWalker.com business model (while keeping all the content). The site receives over 10,000 visits a month, and many of those people are looking for breeders. The only thing that scares me a bit is that I don’t have many inquiries about advertising. I am conflicted – what do you think I should do?
  • People always seem to be interested in learning what names I am buying. Here are a few recent aftermarket acquisitions: XXD.com, InsuranceInvestigations.com, NoBarkDogCollar.com, InternetResearchers.com, HousekeepingService.com, HomeImprovementForum.com, IndiaOutsourcing.com, CollegeInterview.com, and NetworkingForum.com. How about you?
  • The other day, someone commented that my blog was a bit less “sticky” since I am rarely discussing my development projects. I have not been starting new projects lately because I have enough work with my current projects. Additionally, sales have been picking up, so I am focusing more on acquisitions and sales rather than development. When times are tough, development can help build new revenue streams, but when my sales are great, there’s far less of a need to build these new streams, although I continue to focus on my current projects.
  • I’ve said this several times, but people continue to email me questions about domain investing. I don’t offer private consulting services, but I will do my best to give you a thorough answer if you post your question on DomainQuestions.com.

Easter Sunday Update

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Hope you’re having a Happy Easter, Nice Passover, or a great weekend (or all of the above). It’s just a week away before our big 40+ mile bike ride on Team Ronald, so we went on a 25 mile ride today. Not that you really care, but it’s my blog 🙂

Here are some Sunday thoughts:

  • One of the best (but rarely stated) reasons to add relevant articles to a website is because of the links they may receive from other websites. It’s exciting to see a big spike in traffic to one of my sites that can be traced back to a link from a much larger website, citing an article I wrote. Good, cheap traffic and interest, especially if you’re selling a product or service.
  • I love Freshdrop. I made another nice sale from a name I wouldn’t have found had I not used Freshdrop. There were only a couple of other bidders and I made a very good purchase. The only bad part was that it was locked at Enom for a month and a half, so it wasn’t a quick flip.
  • Speaking of Freshdrop, I saw that FatAndUgly.com is dropping and you’ll need to back order it on NameJet tonight if you want it.
  • I find it quite ironic when some people say .CO and other new extensions take advantage of new domain investors since they don’t know any better. I am very sure these people would more than happily to sell these new domain investors some of their own .com domain names if approached, yet they are concerned that new registries may be taking advantage of them. Give me a break. This is a business, not summer camp, and nobody is forcing anyone to make investments.
  • Similarly, I find it quite annoying (albeit humorous) when people seem to become cheerleaders of one extension or another. If a domain extension is going to find success, it will be based on its own merits rather than hype.
  • If you aren’t on Peter Shankman’s Help A Reporter Out (HARO) email list, you should get on it.  The list connects reporters with questions to people like you and me who have answers. It can be beneficial to you if you have an expert website, where you are quoted in an article with a back link.
  • In case you are interested, it looks like Francois Carrillo is looking to sell PremiumDomains.com.  According to a post on his Facebook page, he said, “it’s time for me to focus on my new projects, so I am selling one of my best name to generate cash flow: PremiumDomains.com – As you may imagine it’s not a cheap name, so only very motivated offer will be considered, just send me a PM.”

Anyway, that’s it for me today. Time to get in a hot tub and relax my legs. Hope you have a good one.

Saturday Updates

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On the road again today, so if your comment doesn’t get posted immediately, it will likely be posted later on this afternoon. Here are a few updates today.

  • Speaking about that indictment, what do you think the UB.com domain name is worth? Wonder how quickly it will be before someone tries to buy it!
  • I was biking in Central Park, and I saw a biker get pulled over by a police officer for going through a red light (there’s been a crackdown to avoid injuries). The police officer asked the biker his profession, to which the biker responded that he was a cardiologist. The police officer let him off with a warning telling him the City can’t afford to lose a cardiologist to a bike accident. I couldn’t help but imagine that if it was me, he would have given me the $270 ticket and told me to keep running red lights!
  • I noticed that Snowboards.CO was purchased by the owner of Skis.com for $7,500 last week on Sedo. I am interested in seeing how it’s developed and how it ranks in Google and Bing after a few months. This sale may seem anomalous now, but if the owner can build a business on the domain name, sales like this may become more commonplace down the road . I still have a long term positive outlook for the extension, although I still haven’t invested much.

Saturday Update

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Well, it’s Saturday and I’m up in Boston again for another wedding. It seems like I’m in a never ending cycle of weddings. I think buying a tuxedo a few years back was the best clothing “investment” I ever made!

Here are a few updates:

  • If you couldn’t tell already,  yesterday’s post was an April Fools’ Day gag. I used every domain name listed in Rick Schwartz’ inquiry article on his blog to weave a story together. I seem to have offended my parents with the post – sorry! That story was probably way cooler than how I got started.
  • Yesterday afternoon, I had a video interview with Mike Cyger of  DomainSherpa.com. We talked for close to an hour and a half, and I hope that it will provide some insight for you. There were a few topics I discussed that I want to write articles about, but I will let you wait to see the video first.  I like what Mike’s doing, and it’s an honor that he asked me to do an interview.
    • I just acquired another large city Hotels.com domain name. It’s a city in Europe with over 500,000 residents and more than 5 million people living in the metropolitan area. I still like this type of domain name if you have them.
    • You know what’s really annoying? Discussing a great domain name with two end user buyers, learning of their significant interest, waiting a few days for the necessary approvals to make an offer, and then receiving two really low offers. It’s part of the nature of this business of course, but it’s frustrating.
    • If Go Daddy ever goes public, it will be interesting to learn whether the elephant hunting video had an impact on the company’s bottom line. From what they are saying, it appears that all the negativity hasn’t impacted business, but I don’t think they have an obligation to anyone to give a real assessment of the situation. If they were to go public, we might be able to see the potential impact.
    • IMO, the people who likely have the biggest moral dilemma with this are the company employees. I know that it shouldn’t be anybody’s business what the president or any other person at a company does in his spare time, but by posting the video, Parsons seems to have opened a can of worms for all of his employees. I would imagine the call center reps are taking a beating on the phones and at home, and it’s gotta be a difficult situation. The silver lining is that I am sure Parsons will reward them this Christmas, as he does every year.

    Some Saturday Updates

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    Hope you are having a nice Saturday and that it is the start of a good weekend for you. Here are a few updates:

    • It’s been an interesting few weeks in the domain business. Lots of controversy on a few different issues. As domain investors, we always need to keep our ears perked and believe that everyone is looking out for their own best interests. It’s sucky, but that’s the nature of this fairly transient business where anyone with a few dollars can invest in domain names.
    • BigJumbo and Domain Sherpa are each giving $5.00 to Ronald McDonald House for every person that becomes a fan of BigJumbo on Facebook (up to $500/each).  There are now 192 fans of BigJumbo on Facebook, and before the special offer there were 139.  So if 239 (47 more) fans “like” BigJumbo by the end of the day tomorrrow, Ronald McDonald House will get $1,000! It’s an easy way to help this great non-profit.
    • Despite having the best month in a couple years this past January and doing steady business in February, March has been pretty dead for me on the domain sales front. I sold a couple of names but that’s about it. I haven’t really bought much either, but if you are feeling the pinch, it’s not really isolated to you.
    • I’ve taken quite a bit of flack in private (and in the comments) for  my article yesterday, and I am sure a portion of it is deserved. I was defending the reputation of a company that has a bunch of names that contain well known trademarks and had them listed for sale. I know I was told the names were registered by accident, but it still does look bad for domain investors and makes it easier to label our activities as squatting. I stand by what I wrote, but I can see why some people are upset.
    • DogWalker.com hit a pretty big milestone this past week – it’s 500 paid advertisement.  I’ve worked on the site more than I imagined when I started, but things have been going well. It’s very cool for me because it’s the first real site of mine that has taken off like this (excluding this blog) – both in terms of traffic and revenue. DogGroomers.com has not been as successful yet (still only in month 4), so I need to reconcile why dog walkers keep signing up and dog groomers are reluctant so far.

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