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Another Mini Site Developed & Launched

For a couple of hours this morning and a couple hours this afternoon, I built a mini site on my own: BullRidingHelmet.com. Knowing some html and having a VPS hosting package made it much easier for me to do this, but I think it’s something that most people with a few hours of time to spare can do on their own.

Mini site companies are great resources for people without the time or html knowledge, but for those who have the time and html coding knowledge, building a mini site isn’t too difficult. For those who have the time but not the html knowledge, it could be worth it to buy a book or read about html online. I am no genius when it comes to coding, so if I can do it, you can, too.

In my weekly newsletter which will be mailed late tonight, I outlined the steps I took to create my website. Hopefully this will be helpful to those who are interested.

Impact of a Federal Newspaper Bailout

Conor Neu brought up an interesting discussion about what could possibly happen to the geodomain industry should the federal government offer a bailout. I do my best not to follow political news these days because it’s distracting, but I do know that newspapers are very important to politicians. It’s the local newspapers who provide the most in depth local coverage, allowing an unknown politician to become known and relevant in his district. Newspaper journalists – especially local papers – are politically important, and I don’t think it would be a far stretch to see the government send some financial aid their way.

That said, I can’t ever imagine the US government taking geodomain businesses away from hard working entrepreneurs and giving them to the failing newspapers whose lack of foresight led them to where they are today. Nearly every major .com geodomain name is developed or under development, and almost all of those are either owned by private entrepreneurial companies (or newspapers), and I can’t fathom that the government would step in and take possession of one company’s assets and give them to another company – especially in a failing industry.

That said, I do think it’s possible that we will see newspaper companies receiving federal financial assistance, which could be used to buy geodomain names. One thing which newspapers should note is that geodomains generally have much, much less overhead than the newspaper, yet they receive just about the same (or more traffic) than the competing paper. I am a one man show, and in my local markets, I am most certainly competing online with the local papers’ websites.

I am very happy with my geodomain growth, and I think Conor’s article offers some good insight into the state of the industry and where it’s headed.

Quick Hits for the Weekend

Time for some random thoughts and notes for the week.

I think some gTLDs like .NYC are going to be very successful. Businesses are going to want to buy them to distinguish themselves as New York companies, much like many European businesses buy ccTLD domain names. I think there will be trouble selling some gTLD extensions, but it really depends on the audience and marketing, and I have a feeling .NYC will be a winner.

After spending a few days in Lowell, I realize how important a city .com domain name is. People who hadn’t visited Lowell.com were very interested in learning more about it and how they can be on it. Getting a sales person on the ground in the area will be key to really generating revenue.

Aftermarket.com is now accepting domain submissions for the Domain Roundtable show in June.

Every day, I seem to find out something new about Google and how it can be used to increase awareness on my developed websites. Take some time to look at the main Google accounts page and check out all of the links. Almost all of the applications can be beneficial to a small company doing business online.

General domain sales may be down across the board for most domain investors, but there are still a lot of companies buying ultra premium domain names. Many companies realize there is little overhead required when buying a category defining domain name, and it can pay major dividends to do so in terms of traffic and trust. Buying a domain name in these tough times can be much better than acquiring a business, which comes with significant overhead.

Have a happy Easter, Passover, or weekend.

Million Dollar Domain Sale Going Down

I just confirmed with Rick Latona that the $1,000,000 bid on WebCam.com at his domain auction is legitimate, and it will be sold to the highest bidder. The seller agreed to lower his reserve on the domain name, so it will be one of the first million dollar sales of 2009.

The auction doesn’t close until Sunday at 2pm, so if you have been thinking about bidding on this ultra premium domain name, now is the time to do so. To bid on WebCam.com or one of the other 600 great adult domain names, visit Rick Latona’s auction page before Sunday at 2pm.

I know Rick and his team have been working tirelessly to bring great domain names at great prices, together with buyers to make this auction successful, and their efforts are going to pay off. Congratulations in advance to all parties in this deal in the making.

Guide to Attending a Domain Conference

I received an email from a reader named Bernard, who is new to the domain industry:

With the Traffic domain conference coming up, is there any chance you could do a blog post on how a newbie such as myself could maximize their 1st time domain conference experience?   I hear so much about ‘networking,’ and how valuable it could be.   I just want to make sure I can be properly prepared for this and any other important considerations! Any advice would be sincerely appreciated.

First off – I want to say thanks for the email and for asking this great question. My first domain conference was TRAFFIC New York, which also happened to be the first time I received significant traffic to my blog, as I live blogged the auction results. Going from being a passive domain investor, where the only communication is done via email and message boards, to attending a conference can be exciting.

Below is some advice I’d like to share on how to make the most of attending a domain conference.

Before the conference:

Before you make your trip, I think it’s vital that you have business cards printed along with the name of your company or your focus (ie Domain Investor, SEO Expert, Venture Capitalist…etc). Whether you have a private company or you are an independent entrepreneur, you should have business cards made that identify you and provide your contact information. You are going to meet many people, and a business card exchange will enable you to keep in touch after the show.

It might sound silly, but prepare a brief description about who you are and why you are attending the conference. You will bump into people all over the place (I met the partner of someone who is now one of my closest business friends while leaving the bathroom at TRAFFIC). Sometimes it’s difficult to really describe what we do as domain investors, so it’s always good to think about it before being asked.   For example, “hi, I’m Elliot Silver. I am a domain investor, domain developer, and I have a domain blog.”

Email all of your domain colleagues to ask if they are going to the conference. Although the conferences aren’t filled with thousands of people, it can still be difficult to meet everyone you plan to meet due to a variety of circumstances. Make plans to meet ahead of time, and exchange cell phone numbers to make sure you are able to meet up. Before you go, set up meetings with suppliers/partners to introduce yourself, because it’s much easier to communicate when you know the person with whom you are dealing.

During the Conference:

One of the nice things about domain conferences is that just about everyone is eager to meet other people in the industry. My advice is to introduce yourself to as many people as possible – especially at lunches/dinners, outside of panels, and inside before the panels begin. One thing to be cognizant of is that many people have known each other for years. If you see a small group of people in a discussion, it might be private. Try to meet people who look like they aren’t in mid-conversation – especially because there are going to be many others who have never attended a conference either. Trade business cards where possible.

Attend as many of the panels of interest as possible, and if you have follow-up questions, try to meet with the panelists after their presentation. Most are more than willing to share, although some may have other meetings or people waiting to speak with them. It’s best to keep an exchange short, get contact information, and follow up with any questions in an email. Also, if you will remember a discussion better with notes, then by all means take them with a pen and paper or on your computer.

Take your laptop to the show floor. You can connect to the wifi network, send emails when an idea is triggered, and you can take detailed notes. Just keep an eye on your laptop for obvious reasons.

Be sure to mention   your domain forum nickname when you introduce yourself to people, as many people don’t even know other peoples real names! You may consider adding this info on your name badge for easy reference.

This might sound silly, but at the events there is always tons of free booze (who doesn’t like free beer and liquor?). If you are attending your first conference, I’d take it easy on the drinking so you can remember everything and everyone you meet. You will also have an easier time getting up in the morning, too!

After the Conference:

Go through your conference notes, conference guidebook, and business cards you collected, and follow up on all of those things that you said you would. It’s important to tend to the things you’ve learned ASAP, otherwise you are bound to forget!

Email the people you met to give them your email contact information and follow-up on anything you may have discussed. If you meet dozens of people, you will want to be in contact with those who may be able to help you and your business.

I am sure there are plenty of other things that people can think of, and it would be great if you post your advice, comments, or feedback to help others who may be attending their first domain conference this year.

WordPress Security

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No matter who you are or what you do online, your websites are at risk of being hacked. With so many websites running on the WordPress platform, it’s important for owners to keep up to speed on security issues to prevent hacking and other malicious attacks. Richard Douglas has posted some WordPress security tips for domain and website owners to note, and they are important to read if you use WP.

It’s most important to be vigilant when it comes to website management, and if you do all you can to protect your sites, you will be better off for it. Website security is important whether you have customer data, business data, or anything else important. You don’t want to compromise your visitors’ computers or your content.

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