There Will be Less Domain Development

When I was on WebmasterRadio.fm, I was asked to make domain industry predictions for 2009.   I hate making predictions, but one of my off the cuff answers was that I thought there would be less development by domain investors by the end of 2009 than there is now.   Although this contradicts what has been going on throughout the past several months, I’d like to explain my thinking.

With PPC revenue down and UDRP complaints against generics/acronyms seemingly at an all time high, domain investors at all levels have been moving towards developing their domain names.   Some people are using mini site services like aeiou.com or SiteGraduate.com, other people are using companies like WhyPark to build a continually updated site, others are hiring great developers to build websites, and others have been working on their own to build out their sites.   Development has been the main theme or at least a big talking point at all the domain conferences since late 2007 and early 2008.

The one big problem/obstacle is that development is hard work.   Sure, a 5 page mini site will get indexed vs a parked page which typically won’t, driving organic search traffic to the site.   However, to really make good money and a solid ROI, I think more than 5 pages are needed to capitalize on the long tail in addition to the lower hanging fruit.   Since most competitive keywords and key phrases have considerable competition from fully developed and deeply rich sites, a great domain name usually needs more than just a mini site to see strong results. My mini-sites that do well started off as mini sites, but I also took time to add content.

This being said, the people who have been spending time and money developing are realizing just how difficult it is to make a good return on investment, and some will throw the towel in and either stop developing and building their sites or slow the pace at which they were going. I think we will see this happen towards the end of 2009. People will still be developing their best domain names, but I don’t think it will happen at the same rate that it has happened the last few months.

Again, I repeat, development is hard work. A great domain name doesn’t need to be developed to make money, but development will usually bring in more money and traffic.   The domain owner needs to determine whether it’s worth the money and time to do this.   Ultimately, I believe people who have been spending money developing “brandable” domain names will realize that they aren’t bringing anything special to the table, so they aren’t generating a positive return on their investment, while owners of great generics slowly realize that development is more effort than they initially thought.

There are great options out there to develop good domain names.   However, it takes time and effort to grow websites into revenue generating websites, and I don’t think all domain investors will have the desire to do this.

What do you think?

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?

Considerations for Working With Affiliates

Subscribe to Elliot's BlogI was thinking about something today regarding affiliate relationships for your websites and online ventures. When you choose to partner with a company, make sure there are no ways for the customer to be lost during the hand off from your site to theirs. If a customer leaves your site, you should be guaranteed that they won’t end up making a purchase without your site getting the credit.

i can think of a couple examples off the top of my head, which will lead me to questioning my affiliates later this week:

1) If the customer can call the company, they should have to enter a unique code for your website. If they don’t have to do that, the sale won’t be attributed to your site.
2) If there is no automated sales process and they can negotiate the price with the company, you may end up losing the sale.

It’s important that you work with affiliates who make certain that you get credit for all sales attributed to your website. You should also work with affiliates where the product is easy to purchase, the sales process is seamless, and the entire process is trackable. All of this will lead to a long and mutually beneficial relationship.

TinBu: Providing Relevent Content & Revenue

Subscribe to Elliot's BlogOver the past couple of months, I’ve been working with a company called TinBu on my Burbank and Lowell websites, and I really like their product and customer service, and on top of it all, they are cool people. TinBu is a Florida-based company that provides interactive content modules for developed websites.

Some of TinBu’s modules include gas prices, horoscope, entertainment news, stock report, flight status sodoku, and a bunch of others. Unlike many content providers, TinBu’s modules keep visitors on my sites, as they are all self-contained within my site. In most cases, if a person clicks a link on a module, they will remain on the site – with the except of the gas module which has Map Quest links.

I use TinBu modules on my developed geo websites, which although they aren’t currently news providers, they do compete with the local newspapers and news outlets. Having TinBu modules on my site allows me to compete with the big newspapers – many of which also have similar modules. I’ve found that people are visiting the modules more frequently, and they tend to stay on the site longer.

While all of this is very important because it helps grow the site and stickiness, I didn’t even mention the revenue. I have a revenue share with TinBu for the advertisements that are displayed within the modules. I have never even checked to see their performance, because frankly, I am happy with the content.

Ease of installing the modules was important, and I found each module literally took 5 minutes to install. I added my own meta tags, inputted a couple of variables based on the city locations (per the instruction guide), wrote a bit of content to drive search engine traffic, and voila – the modules were live as soon as I uploaded them. Simplicity at its finest.

The service at TinBu is great too. Pete Hayward (VP of Marketing) helped me get started with TinBu, first by convincing me the company was going to help my sites, and then he helped me set up my account, get approved by their upstream ad partner, and then helped me with the installation of the modules. The whole process has been a breeze.

If you have a website where you think some of TinBu’s modules would be beneficial, I highly recommend you get in touch. It couldn’t be any easier.

Here are a couple examples of TinBu’s modules in action:

http://www.burbank.com/gas-prices.php

http://www.burbank.com/entertainment.php

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Creating an RSS Feed on Your Static Website

Subscribe to Elliot's BlogOne of the downsides of using a “static” website for Lowell.com and Burbank.com was that they don’t automatically come with RSS feeds built in to them like platforms such as WordPress.   The options I had were to create one by hand or to purchase a program/script that automatically creates a feed and updates it.   As you can see by these two sites, I like to manage things by hand, so I wanted to create a RSS feed for each site.

These days, everyone uses RSS feeds in some way, and it can drive a considerable amount of traffic to your website. Not only do people (you probably) have RSS feed readers, but Google and Yahoo also use RSS feeds to get news for delivery via their alert system.   I use Google for alerts on just about everything related to Burbank and Lowell, and in order to have your articles automatically pinged to potential visitors, you need a feed.

Anyway, I have very little technical knowledge – or as I like to say, “I am technically stupid,” so I posted a note asking for info on a couple of domain boards.   Don Williams (aka biggiedon ) a moderator on DN Forum sent me a link to a great site that taught me how to build my own feed by hand.   It walked me through all the details, and then led me to a Feed Validator, which said the feeds are working (albeit with a couple minor issues).

While I do know much more can be added to RSS feeds than just the title, description, and link, I am hopeful that this will be another method to growing my traffic.   I’ve heard that Google loves RSS feeds because it leads them to new content. As I write articles for my sites (and eventually source this writing), I hope it will lead to Google visiting more often, driving more visitors to my sites.

Check out the finished feeds:

http://www.burbank.com/feed.xml

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My Map for Developing Informational Websites

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Subscribe to Elliot's BlogYesterday, I discussed my successes and challenges with developing my tropical bird website. Since I didn’t have much technical expertise, I was reluctant to develop my domain names at first, but I have overcome that fear, and I am always looking for a fun project.   There are many opportunities out there for people of all skills, but this post is probably geared more towards people who are reluctant developers for whatever reason.
Personally, I think that developing informational websites on category defining domain names is probably the easiest way for people to start. I would like to provide some direction for people that are thinking about development, and I hope that you can use my limited experience as a guide to make your sites better and more successful than mine have been. I hope you will share your experiences with others so that we can all learn and grow at the same time. I am a domainer turned domainer and developer, and I think it’s a better way to monetize your domain names, although it does require more work than parking.
I believe the most important thing is to find a good domain name, although it is not necessarily critical. The characteristics I would look for are category defining keywords or keyword phrases, .com, pre-2001 registration date, and in a field that is of interest to you. It should also be something that people want information about, as I like informational sites rather than e-commerce sites that take more time to develop and manage.
The topic should be fairly broad, and have many sub topics. This will allow you to build a strong base and then branch out as the site grows – sort of like a tree. Do some keyword research before buying to make sure there are enough people searching, and check for all of the long tail keywords, as I find that I get the most traffic from these. The broader the topic, the more information you can have on the site that makes sense. For example, I think something like SoccerTeams.com, FootballPlayers.com, or RockBands.com would be great, as you there is a ton of information and people are always looking to find it.
Once you have your domain chosen, the next step is to do keyword research on the topic. For the purpose of this exercize, I will use RockBands.com as the example – although I don’t own it nor know who does.
I would start by researching the most popular rock bands and then categorizing by era and genre.   I would want the articles to include information about the band, its members, hit songs, albums, records sold….etc.   I would want as much information as possible on each band, covering everything that fans and historians would want to find. Using the Google keyword tool, I would know what is searched and how much it is searched. There are also a number of other keyword tools available that are very good.
To write the articles with the information you have, you will need a good copywriter. I would find a copywriter either by asking colleagues for recommendations, posting on elance, or posting on domain forums.   It’s important that you have a copywriter who will write 100% unique articles with proper grammar, attributing any facts to their sources. Make sure you double check using sites like Copyscape to ensure the content isn’t pilfered.
While the copywriter is building out your content, you should find a company to create a great logo and either a php template for the site or a WordPress template that is easy to manage. If I can manage to do this, you can manage too.   Again, I have no development background at all, and much of what I am doing is copying and pasting into the template.
When you are satisfied with the template and design, and the articles begin to be finished, you should think about the site and URL structure to make it easy for Google to find your site. With WordPress, you need to worry about duplicate content since it creates pages based on the week, month, category…etc – basically 5x for each page you create.   There are widgets/plugins that can help you avoid the duplicate content. You’ll want to make it easy for people to navigate, so perhaps you’ll have a section of 80s rock bands and in there you will include Van Halen, Guns N Roses…etc. The URLs should make it easy, too… so either RockBands.com/80s-bands/van-halen.php or RockBands.com/van-halen.php.
In addition to pages about rock bands, you will want to add general information about rock music, rock history, instruments used…etc.   This will probably give your site more authority as it covers a variety of topics.   Again, use keyword terms and highly searched key phrases to help drive traffic to your site. Additionally, embed videos from You Tube on the site to add valuable content and things that people want to see.   There are plenty of videos available for you to upload.   Make sure you add content on those pages, as the videos alone won’t drive traffic as the search engines won’t rank those pages well without content.
Within your pages, you will need to use smart internal linking to encourage visitors to find other pages within your site and allow the search engines easily navigate through your site. An example of this would be on the history of rock page. You would probably want to categorize that page by genre, and in each genre, you would want to describe specific bands’ influence on music and culture. While doing that, you would add an internal link to the band page within your site.
Your pages should also have good meta titles and descriptions. The title should accurately describe what’s on the page, but should only be 5-8 words, depending on length, so the entire title comes up in Google. They only allow a certain number of characters in the title. Likewise, the description should be accurate and describe what’s on your page.   Each meta title and description should be different so Google knows there is different information on each page.
Again, I am no expert on this stuff, and much of what I am saying is probably overly simplified, but it’s my own interpretation of what needs to be done at a minimum. Google published a great SEO starter guide (click the link for a downloadable pdf) for web publishers, and I think every new developer should read it.   Many things I discussed are listed there in further detail, and there are also several other important SEO things as well.
So now that he basics are covered, monetizing this is important.   For everything mentioned above, the total cost should be under $1,000 plus your own labor (reviewing content and putting everything together).   Based on the price you pay for your domain name and your total costs, you will want to make sure you make enough money to justify the purchase. Some topics have higher paying clicks than others, and I am not sure the PPC rock-related content.
Tomorrow, I will discuss some ways that I think a site like this could generate revenue.   Please feel free to leave comments, suggestions, criticisms…etc.