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City .com Domain Names for Sale

Most people who frequently read my blog, know I like city .com domain names. In fact, my companies own and operate Burbank.com, Lowell.com and Newburyport.com, and I’ve discussed why I like them many times on the blog. Just about all good to great city .com domain names are developed and are virtually unattainable (unless you have significant means).

In fact, before I acquired Burbank.com, I reached out to many of the owners of undeveloped or under-developed city .com domain names and offered a lot more money than I would feel comfortable doing now given the economy, and I was still rejected.

Over the past couple of weeks, I’ve seen some great city .com names for sale at very good prices. Since I have my hands full developing and maintaining my own city .com websites, I am not making any more geodomain acquisitions at the moment, so I want to share these with you if you haven’t seen them for sale. If any of the names are of interest, get in touch with Toby Clements ASAP. None of these are owned by me and I have not been compensated for this post.

Tacoma.com
$110,000 – financing not available

NewRochelle.com
$47,000 – financing available

RanchoCucamonga.com
$90,000 – financing available

Versailles.com
$35,000 – financing available

BalHarbour.com
$40,000 – financing available

Test, Test, Test… Test Everything

It’s sort of ironic that i still don’t look at my blog as a business, as I do with my other websites. Even though I am generating revenue from advertisers (thanks), I still feel like my blog is more of a hobby than a business. It’s an outlet to discuss what I am doing, in order to generate ideas that will hopefully help others. However, subconsciously, I am doing things on my blog that I should be doing on my other websites.

One of the mantras of direct marketing is to “TEST EVERYTHING!” This means that a website’s layout, color scheme, post titles, URL structure…etc should be tested to bring optimal traffic and great user interaction. With my blog, I have been doing a number of tests, and not only might you consider some of these tests for your developed websites, but I should be testing them on mine as well:

1) Post times – Determining the day of the week and time of the post that generates the most traffic and interest. I believe I have a good idea of this already, but I can try to be even more exact. Sometimes breaking news hits and the timing doesn’t really matter. However, I frequently write posts on the fly for future posting, and these should be tested. I’ve found that early afternoon Tuesday – Thursday seems to be the best time to post. Also posting late morning on Saturday can have the longest lifespan since there are much fewer posts on the weekend from other sites.

2) Images – After spending several minutes or hours on a particular post, I don’t usually like spending time searching for a corresponding image. I don’t think I am such a creative person, so coming up with something artistic that’s illustrative of my post isn’t something I enjoy doing. However, I have been seeing if an image is important, and what size is important – either 500px to take up the entire top of the post, or a smaller image/logo. I’ve found that people like the images, but I haven’t really determined if there is any impact on CTR. Videos do increase time on the site, which may be good for SERP.

3) Affiliate links – I have refrained from using advertisers’ affiliate links in favor of direct payment for placement, because I don’t want people to think I am pushing a service over others because I will be paid more.   I have done experimenting with affiliate links in posts, although most of the time they aren’t very profitable (haven’t don’t many other than Snapnames and a couple others though). This is something I may try on my other sites as a way to make a bit of money and test to see if they work. You need to balance revenue vs. annoyance because of “spammyness.”

4) Color scheme – I tested colors early on, and I found that they aren’t important enough to change the color scheme I like. The one (obvious) thing I found is that it is much better to have a contrasting link color so people know where to click. Duh!

5) Posts per day – Some posts aren’t time sensitive, so if news breaks, I can push those posts back a day or two. I try to write at least one interesting post per day, and I try not to just regurgitate press releases. On occasion I will post a press release if I think the information is helpful to others (like BuyDomains seminars), but I generally won’t post them since I receive quite a few of them each week. I don’t post simply to post because your time is valuable, as is mine, and there is no sense in wasting it.

Affiliate Domain Development

I’m still pretty enthused about affiliate marketing after spending some time at Affiliate Summit in New York a couple of weeks ago. On Saturday, I mentioned that I would like to do some sort of affiliate website for my next project, and I am looking to find a name in a category of interest. I had a couple of questions emailed to me about the project I am considering, and I wanted to explain it better.

To illustrate the idea, I am thinking about something along the lines of owning a name like DomainParking.com (just an example).   In addition to explaining how PPC works, discussing parking provider relationships with search engines, and other information, I would have a page dedicated to each domain parking company. The page will give information about the parking company with a sign-up button that has my affiliate link. It’s simple, but because of that, I will need a great domain name that will help me get good search rankings, so when someone searches Google for parking companies, the domain ranks well.

I am not actually looking to build a site in this vertical but wanted to illustrate my plan. It’s also not a unique business model, but I haven’t done a site like this yet, and I want to test out how it would perform on a targeted domain name. The goal will be to create a site that requires very minimal upkeep, and because of the targeted domain name, it will rank well in search engines. Not only do I want it to be in a vertical I am familiar with, but the affiliate payments should be high enough to offset development costs and the domain acquisition costs.

Like CabCompanies.com (which wasn’t expensive and has decent paying clicks), I want to be able to have an ROI of under 3 years. I don’t know if it will work out in the case of CabCompanies.com, but that’s the goal.

In any case, Rick Latona Auctions is now holding a CPA, Lead Generation, and Affiliate Marketing domain auction, and there are a couple of domain names I am considering. The auction wraps up on August 28th. Please note, I do not have any names in this auction, and since I may be bidding, I don’t want to create competition for myself so I am not going to list the name(s) I like. I am also looking at other venues as well.

Good Value Drop Auctions

Cab CompaniesI just updated the list of top drop auctions on Snapnames. IMO, there are some pretty good domain names to be had, some of which have been selling far below end user values.If you are able to purchase commercially viable domain names at good prices, and you create a directory site or mini site on each, you can increase the value of them during the down market, while hopefully generating revenue.

I recently bought CabCompanies.com in a private seller auction on Snapnames, and I launched it a few days later. The website is a national directory of cab companies and limo companies. Although there isn’t much content (yet), it’s a decent starting point. I also paid less for the name and website than I think the domain name alone is worth.

I think my next project will be different and won’t use a database, I will find an industry with 5-10 industry leading companies that use affiliate programs. I will then build a site that discusses each company and provide an affiliate link for people to buy each company’s product or to visit the company’s website. When someone Googles “XXXXX companies,” my site will hopefully rank in the top 5 because it will be the exact match, and I will make money when people visit. It will almost be a ratings type site, but without the ratings 🙂

Anyhow, I am curious about what you think CabCompanies.com is worth as a standalone domain? Do you see any good domain auctions where you could build a site?

Guest Post: End User Follow Up

This is a guest post from domain investor Calvin Washington, and I wanted to share it in the hopes that it helps others who are dealing with end user sales. If you are doing something unique that could help other domain investors, and you’d like to write a guest post, please email me. As long as you aren’t trying to sell something or get a back link, and it’s helpful to others, I would be happy to post it.

===

I have been using this trick successfully lately when selling to end users who for whatever reason showed no interest in my particular domain. It has been working for me after getting a “No!” or “Not interested” reply. It’s really simple and I’m sure many others are doing something similar but you never know!

Thanks XXXX,

Though you expressed no interest in XXXXX.com, I appreciate your getting back with me. The highest offer we received was $XXX. I guess it’s best to let the market decide it’s value. If for any reason in the future it may be of value to you, we will be willing
to accept $XXX.

In either case, take care!

Best,
Calvin

In closing, it’s strongly recommended that your price that you’re willing to accept be higher than your highest offer received. If not, you may come across as being dishonest. Hope this helps someone. Another big point I’d like to stress is the salutation. “Best” is my way of basically saying to the end user “This is my last contact to you, take it or leave it”. I sure there are some grammatical errors or misuse of punctuation, so make the necessary corrections when needed.

How Did You Become a Domain Investor?

I want to change things up a little bit today. Instead of writing a blog post right now, I want you to share something with me and the other people who read my blog. I’d like you to share your story about how you became a domain investor.

There are a number of public figures in our industry, many of whom have interesting stories about how they became domain investors and were the first pioneers of a relatively new industry. However, there are many interesting stories that haven’t really been shared yet, and I’d love to hear about them.

I am interested in learning how you came across the industry and what made you interested in domain investments. I am looking forward to seeing your replies… please don’t be shy!

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