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Twitter for Your Web Business

I am a relatively new Twitter user, and although I might not be the best person to discuss the benefits of Twitter because of my limited experience, I want to share how I am using Twitter to help build my brands.   Twitter is a powerful tool that companies and people can use to promote and monitor their brands, as well as communicate with their customers.   In fact, many companies, schools, and politicians use Twitter and have a person or group whose job description involves Twitter communications.

For those people who aren’t aware of Twitter, it’s basically a rapid update service where users can enter short posts about what they are doing or what they are seeing. A perfect example illustrating Twitter’s usefulness is the day the US Air flight landed in the Hudson River.   Literally as the airplane was landing, people were adding Tweets about what they were seeing.   They also uploaded photos and videos to related sites, and several minutes before the news was reporting the accident, Twitter users knew about it – many of whom even knew it was a US Airways airplane.

How I use Twitter:

As a domain investor and domain blogger, I use the Twitter ID elliotsblog.   Most of my Twitter followers either found me by searching for my blog, seeing my initial blog post announcing my usage of Twitter, or found it through a specific keyword search.   As a result, I tend to post updates (“Tweets”) about what I am writing on my blog, what I see in the industry, breaking news related to the domain industry, and sometimes personal commentary. I feel like my blog is an extension of me, and I want my Twitter account to be an extension of my blog.   I see an increase in traffic when I post a link, and I find it’s a good way to communicate and have a conversation.

As a local online media professional with Burbank.com and Lowell.com, I’ve taken a slightly different approach in my initial days on Twitter.   The design of my Twitter accounts is an extension of their respective websites for branding purposes.   I haven’t really publicized my Twitter usage much with the sites (waiting until I am more knowledgeable and satisfied with the account look and feel), but once I am satisfied, I will add buttons on my sites to encourage people to follow my accounts.

The difference between my blog account and my local media accounts is that I have established relationships with domain investors, and I haven’t established many local relationships yet.   So in order to build my follower base on the media sites, I have been searching for specific keywords related to the cities and regions, and as I find them, I follow that particular Twitter user (assuming he isn’t simply announcing that he jut landed in Burbank).   The more Twitter users I follow, the more likely they will follow me and I will be exposed to their followers.

Just like they are able to follow my updates, I can also follow their updates.   If a major story is breaking in one of my cities, or someone writes an update about an event, I can be on top of it at the same time (or earlier) than the local media.   In fact, I learned about the Burbank Film Festival via Twitter a few days ago, and I will be adding information about it in the coming days.   This will then expose my account to the users who search for “Burbank Film Festival” on Twitter.   Perhaps they will add my account to their group of followers, and an update down the road will be of interest to them.

The exciting thing about Twitter is that I believe there are so many ways to use Twitter to meet potential clients or site visitors, find out about events, and stay on top of breaking news stories.   Twitter gives everyone a chance to be heard, and I can use it to extend the reach of my brands.

5 With… Craig Rowe, President, WhyPark

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WhyPark is a unique company whose platform can allow you to customize dozens, hundreds or thousands of domain names into websites with fresh daily content and multiple monetization options for just $.99/each (or less in bulk). Instead of solely relying on type-in traffic to produce revenue via parking, your site has a much better chance at being indexed in Google, which is especially valuable for long tail keywords, as the search engine rankings tend to drive a majority of the traffic.

One of the things I like best about WhyPark is the ability to integrate a custom design, logo and content, while getting the added value of their platform.   Initially, I had commissioned a custom design and logo for Oenophiles.com (oenophiles means “wine lovers” in Latin), and had about 25 articles custom written for the site.   With WhyPark’s help, I now have a regularly updating website that looks great and is easy to manage. I also chose to use the WhyPark feed to monetize the site, but you could choose to use Adsense instead if you would prefer.

I had a chance to talk about WhyPark with company President Craig Rowe as well as VP of Business Development, Stephen Douglas.   Both of these guys are knowledgeable about the domain industry and the company is thinking like domainers to solve domainer problems.   I am happy with how Oenophiles.com looks, and maybe WhyPark can help you, too.

EJS: What are the advantages of using WhyPark over domain parking, and in your experience, what revenue impact are you seeing on WhyPark names that were previously parked?

CR: WhyPark’s market isn’t competing with traditional parking services such as Parked.com, Domainsponsor.com, or Trafficz. We are looking for domains that would be better suited in gaining organic search traffic from content development as opposed to the ever popular, more elusive “naturals” (typein traffic). Most domainers have a large portion of their portfolios that contain longtails and domains that have “brandability” but aren’t getting that direct navigation.

Using WhyPark, the first benefit for domainers is that for only $0.99 per domain, they can get relevant content on domains they are selling to end-users. My own experience is that end-users get a better “feel” for a domain they want to buy if the content on the domain’s website matches their products or services, so getting a simple content website (which the customer can enhance by adding more content and graphics) helps a domainer get better interest in their domain, and possibly enhancing the overall value of the domain.

On the other side, if a domain is getting no traffic at a parking service from typeins or backlinks, then the only other solution is to try to get organic search traffic from search engine results. This is a hard game to play, because every website that is built with the intent on making money is trying to get into the top ten search results on every search engine. However, the game can be played many different ways. If you have a longtail domain, you can vary your keyword placements to bypass the ‘common’ search words, and submit more esoteric and niche oriented phrasings. This will give your domain a better chance at coming up in the first page results of a search. This is the secret to monetizing non-performing domains, but you need to think about your keywords, or hire WhyPark’s professional team to do the keyword research for you.

WhyPark’s advantages over traditional parking services really kicks in when you are dealing with domains that aren’t performing. Not only does our content give you the chance to get relevant traffic in your domain’s niche, but it also puts your domain in the position of getting indexed by search engines, which again adds value to your domain.

EJS) What types of names are ideal for WhyPark’s platform?

CR: Longtails, brand names (non TM’s), niche generics, and especially ccTLD’s and Secondary Level Domains, such as .Pro, .name, .me, .mobi, .biz, .info, etc. These domains don’t normally get typein traffic, and depend on content to gain visitors from organic searches. Many of WhyPark’s customers are putting their non-TLD’s, even one word generics, at WhyPark and seeing traffic for the first time.

EJS: Since inception, what improvements to WhyPark’s platform are you most proud of, and how are they benefiting domain owners who use WhyPark?

CR: It is extremely simple for anyone to add their domains, get content on them, add your own original content, select templates, change templates on the fly, add their own adfeeds and revenue generating links, add graphics, and generally have a good time playing around with creating a website they want with their domain, and at a starting cost of only $0.99 or less (depending on the amount of domains you bring over at the start of your account). We think our user interface is one of the best-designed systems in the domain industry. Simple to use!

EJS: For someone with 500 domain names, how easy is it to set up an account, load the domain names, and set them up?

CR: First of all, if someone wants to bring over 500 domains, they can request a discount pricing instead of $0.99 each domain. Secondly, adding their domains is simple. The longer involvement is in the setup of the keywords, because we give you the opportunity to add 20 different keywords or phrases to each domain to pull in the relevant articles that will help get your domain indexed on the search engines and provide a good user experience for the visitor. However, in bulk amounts, we can give customers affordable pricing per domain and our team will set these keywords up for them… with 500 domains, the cost for “managed setup” per domain could be as low as $2.00 per domain. Surprisingly, 500 domains that don’t perform or get indexed by parking them elsewhere will get relevant content and setup for less than $1500 at WhyPark.

EJS: Other than Oenophiles.com, what are some of the best sample WhyPark sites?

CR: AirlineRewards.com, DigitalMammogram.com, SkiTrips.travel, FullTextFeeds.net, SportsmansWeb.net, PregnancySafe.com, ClevelandOhio.travel, Cgi-Java.com. These are examples of sites that wouldn’t otherwise have seen any type-in traffic, but now do.

EJS: With WhyPark’s platform, what types of revenue generation strategies can be used (Adsense, affiliates, WhyPark feed…etc)?

CR: WhyPark is unique in that it allows users to add all types of their own third party ads, affiliate offers, download links, storefronts, third-party ads, and more, as long as they are legal, of course. We also offer our integrated ad feed that work similar to that of a two-click landing page. Each page on a WhyPark site that uses our feed has related search terms and a search box. Clicking on one of those terms or searching for a term generates a page of sponsored links that are monetized through PPC. Also, on each content page, we have related terms that are associated with that page’s content. So, it provides a highly relevant experience for the visitor and ultimately funnels the visitor through to a revenue event for the domain owner.

EJS: What features scheduled to be rolled out in the near future are you most excited about?

CR: While we can’t talk about the specifics until they’re done, we are excited about a lot of the new features in the works and just completed. We rolled out a suite of new managed and promotion services in the new platform. So, for those customers who want unique content, design customizations, link building, etc. while still having complete control over their domains, we offer low-cost solutions to do it for them.

We’re always working to improve the monetization, performance and overall relevancy of sites as well. So, we continue to source and license new content and make changes to create better sites. We launched ContentPromote.com a few months back to connect with bloggers and authors to distribute their content through WhyPark sites and we’ve added about 500 new sources of quality, screened content through that program alone, with more being approved daily. We’re also developing some new monetization methods to allow domainers to earn revenue in ways that aren’t available with traditional parking. As this industry continues to evolve, we’re looking forward to being a part of it and offering solutions to help domainers develop their names inexpensively and efficiently.

Selling Your Domain at a Live Auction

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*Pre-post edit* I know Rick is about to discuss his take on auctions, but this is what I wrote in anticipation of my aunt’s funeral I am sure my post is much more tactical but I wanted to preface it anyway.

After every live auction, no matter who is running it, I always see complaints about selling domain names during these auctions.   Some of the most standard complaints that I always see include:

1) They charge too much commission for doing nothing
2) There isn’t enough time between when the final list is announced and the auction is held
3) The auction house doesn’t market the names to end users
4) The reserve prices are too high
5) The names suck

I am guilty of lodging at least one of these complaints at some point – and probably more than just one. However, instead of continuing to complain about the live auctions, I think we should be more proactive when we have a domain name listed in the auction, and we should take it upon ourselves to market our domains. For the sake of this post, I will hypothetically say that TropicalBirds.com is going to be sold at a live auction.

Upon submitting the name to the auction house, I would assume the name would be accepted to the live auction because I know it’s a high quality domain name that gets a lot of search engine traffic (5,000+ visitors). That said, as soon as I decide to sell the name at auction and submit it, I would begin my marketing campaign rather than waiting until it is (or isn’t) officially selected.

I would compile a list of all commercial pet businesses with a web presence, affiliate companies selling bird products, and bird-product advertisers on Google. I would get as many email addresses as possible from the corporate websites, and I would use social networking tools like LinkedIn, Twitter or Facebook to find other decision makers where the corporate site failed. I would also search for email addresses on Google from press releases and guess email addresses by finding the email system (like elliot.silver or esilver) and taking a chance.

Each of these decision makers would then receive an email notifying them of the upcoming auction with details about the domain name and the auction. I would include traffic stats (# visitors, search engine visitors, keywords…etc) and I would include search engine ranking statistics. Because of spam filters, I would also send out Federal Express packages with the same information.

In addition to traffic information, I would include general information about the auction and include the auction house president’s email address and telephone number for sign up. I wouldn’t want the CEO of a large pet company to call the main phone number and end up with someone who didn’t know squat about the auction or was otherwise clueless. I would let each person know about bidding options, including bidding online, proxy bids and telephone bids, to make it as easy as possible to sign up.

I would also add a graphic on the navigation of the website with a link to a page on the site announcing the auction. This page would include most information about the site/domain along with bidding information. Finally, I would let my advertisers and competitors know about the auction, in case they wanted to buy this category defining domain name. I would do whatever I could do to sell my domain name.

It’s become pretty clear that domain auctions are attended by domain owners who probably aren’t the best buyers for niche domain names – especially in the economy. If we list domain names for sale that don’t sell at the prices we want, we only have ourselves to blame.

Incidentally, early in 2007 (or maybe late 2006), I sold what was then the highest value domain name that I owned for $20,000 in a live auction. Prior to the auction, I emailed 15 companies with information about the auction, and two companies replied to me. Although a domain investor won the name, I don’t know if these two (or other) companies bid it up from the $15,000 reserve price.

If we want to sell our domain names for the optimal price, we need to find the optimal buyers on our own.

My Aunt’s Funeral

After several months of fighting, my aunt (mom’s sister) lost her battle with pancreatic cancer.   I wanted to share two of my   favorite memories of my aunt.

During every holiday celebration she would make an angel food cake specifically for me (I think) because I liked her recipe and requested it every year.   Aside from the cakes she made, I don’t like angel food cake.

When I was in college, instead of sending me a birthday gift or a check, my aunt did something unique.   She sent me a huge box of homemade frosted cupcakes to share with my friends. To avoid potential damage from shipping the cupcakes, she stuffed the box with marshmallows.   There must have been 4 bags of marshmallows.   It was great.

I am going to be gone for a few days, but I have a few posts in the queue. In the meantime, if you haven’t had an annual medical checkup in a while, now is as good of a time as any to schedule one.

ICANN Issues to Be Concerned About

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Mike Berkens has written three interesting posts that are important for all domain owners to read and understand. When you have an opportunity today, please read Mike’s posts and the accompanying commentary. The issues that are discussed could potentially impact all domain owners

ICANN Releases New gTLD Guide Book: Still Includes No Price Caps: Your Domains Are At Risk

ICA: Trademark Holders Attempting To Greatly Expand Their Rights Through The New gTLD Process

Thinking About Applying For Your Own gTLD? It Could Cost You A Lot More Than $185K

The Internet Commerce Association is working on some of the issues, but I know they need our support (if you own a domain name, you are part of the collective “our”).   As soon as my tax bills are taken care of in a month and a half, I will be making my annual contribution.

Good News for Gambling Domain Owners

According to an article appearing in Reuters today, it looks like Democratic lawmakers may be pushing for an end to the ban on Internet gambling to quell anger from the European Union. If this happens, owners of gambling domain names may be more free to monetize them and have higher payouts.

From the article:

“A senior Democratic lawmaker will push legislation this year to repeal a U.S. ban on Internet gambling that has hurt trade ties with the European Union, a congressional aide said.

“The bill introduction should happen in the next month,” a spokesman for House of Representatives Financial Services Committee Chairman Barney Frank said.”

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