Like I did with TobagoVacations.com, I am offering ItalyHoliday.com up for sale before I begin developing it. Although we in the US are more inclined to say “Italy Vacation,” elsewhere in the world, a Holiday is a Vacation, and many people search for a great Italy holiday when they want to visit Italy. If ItalyHoliday.com doesn’t sell this week, I plan to build a larger mini site using the same template (in green) as I used for my Tobago vacation domain name.
NAME IS NOW SOLD.
I am lucky to have found a great graphic designer who has helped me with a number of projects over the last year and a half. I initially found Mike after holding a logo design contest at 99Designs (formerly part of Sitepoint). I wrote a creative brief, added a cash award for the winner, and somewhere around 15-20 designers participated. It turned out to be much easier to find a designer than I initially thought it would be.
I would like to suggest another way to find a great web or graphic designer using 99Designs as well. Search through either current or past design contests, which can be found on the home page. Many of the top design contests have dozens of designers, all of whom submit one or multiple entries. You can search multiple public design contests to see which designers seem to have a style that you’d like for your project.
You can then look at the profiles of your favorite designers, and see what other contests they’ve entered and recently won. Additionally, many designers have their external portfolio website listed on their profile, allowing you to contact them outside of the 99Designs website. You can also send the designer a private message via 99Designs asking for a price quote for your project.
If you prefer to keep things more trackable and on site, you can set up your own design competition, and using what I suggest above, send private messages to the designers asking them to participate in your contest. 99Designs is a great site to find designers who will compete to complete your website design project.
When developing a website, I really like to use Google’s Adsense. Not only can I customize the ad units to integrate into my website, but I can also use graphical banner advertising, which not only generates revenue, but it helps give the appearance that advertisers want to be advertising on a particular site. Technically, they may not know they are advertising on certain websites at the time, but they are able to block them if they don’t wish to advertise there any longer.
One drawback though is that certain advertisers, who may have opposite beliefs than your website, can still advertise on it. For example, on a religious website, a website that is owned by a group who has conflicting beliefs can still place advertisements depending on the keyword match they are choosing. These links can take visitors of your website to another site, potentially angering the visitors, especially because people don’t always realize how Adsense works.
A website owner is able to block certain urls from appearing, however, there may be hundreds of different website urls with the same message that want to advertise, so it can be a never ending battle. That said, it’s very important to monitor your websites to make sure objectionable advertising isn’t being displayed. While the ads don’t violate Google’s TOS, it could violtate your own site’s standards.
The title of this post isn’t what you generally expect to see on my blog, but I found a way to make 10x my investment in a short period of time, and I want to share this because I don’t think it’s a limited opportunity. What I am going to share probably won’t work for everyone, and it won’t work all the time, but I can tell you that I did this before, and I did very well.
Snapnames and Moniker have made it very easy to list domain names for sale on Snapnames. The problem many people have is registering domain names that other people want to buy. Sure, I can go ahead and register 1,000 new domain names and put them up for auction right away, but if nobody wants them, I’m basically out $8,000.
With Snapnames’ new interface, I can see what people are bidding on or buying in real time, and frequently, I can spot patterns that can help me buy domain names that someone else is looking to buy (and is willing to pay a premium). Using this information, I can register domain names that are essentially part of the same pattern, and offer them for auction. Assuming the buyer has a special alert set for that particular pattern, I can auction it for a $79 minimum bid, just like many other auctions.
If I paid $7.50 for the name, and I sell it for $79, I’ve made 10x my money (minus the 20% commission). If I do this with 100 domain names, I can make some decent money relatively easily. If I do this with 1,000 domain names, I can make some very good money.
Of course there is a risk to this – in that the buyer may not be buying anymore or may have only been searching for a particular type of name on a random day, and I’ll get stuck with the names. However, I personally believe it’s worth the risk, as I basically only need to sell 1 in 10 names to break even, and my leftovers can be sold in bulk or at a loss – either way I’ve already broken even.
You may be asking yourself if I’ve done this, and I have and I’ve had pretty good success.
Again, there is no guarantee with this whatsoever, and you obviously need to know what to buy and what not to buy based on perceived needs of buyers. Sometimes patterns may look obvious, but they aren’t, and you can get stuck with the names. However, with the chance of making 1,000% profit, it may be worth the risk, and when I did it before, I did very well.
The auction of 2,600 real estate domain names that was suppose to take place on Thursday didn’t happen, and as you can imagine, I am not surprised. According to an article in the San Francisco Chronicle,
“Interest in Thursday’s auction was high, according to both Harrison and King. In the days leading up to the auction, the Web site got 5,000 hits, and J.P. King had e-mails and calls from interested buyers. But the event fizzled.
Perhaps the names weren’t as valuable as they seemed. “Had we had premium names, like toys.com, there would have been an auction,” King said as waiters in the Fairmont cleared trays piled with sandwiches from the empty room.”
I do find it interesting that they quoted the Toys.com auction, as I mentioned in the comment section here a couple of days ago. It’s just too bad the parties didn’t realize this before thousands of dollars were spent on publicity and other expenses related to the auction. They could have asked a professional domain investor who could have told them this straight up.
I am still interested in the traffic and revenue numbers that Victor Lund, partner at WAV Group mentioned in the comment section of my blog. “As simple link sites they provide an abundance of income that far exceeds the cost. Harrison can sit on them as a cash cow for as long as he likes.” I followed up asking for revenue and traffic numbers, but there was no reply.
I would have liked to see a portfolio of domain names sell for millions of dollars, but clearly these aren’t as valuable as a few people might have wished.
Not only was Mayor Ed Koch one of the best mayors New York City has had, but he is also a philanthropist and has a great sense of humor. Today, Mayor Koch announced his support of DotNYC.net and DotNYC LLC for the .NYC gTLD. In addition to a press release, the team from DotNYC LLC, which includes CEO Antony Van Couvering, released a video of Mayor Koch, which can be viewed below.
