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Video of the US Airways Plane Crash & Rescue

I just saw this dramatic footage of US Airways flight 1549 which crash landed in the Hudson River in New York this past week. Thankfully there were no lives lost in this controlled landing on the Hudson, which truly is a miracle. You can see the plane land in the water, and the NY Waterway taxis quickly converged on the airplane as the passengers escaped on the wings.

This is some pretty neat footage, which looks to be shot from the New Jersey side of the shore, probably from a security camera. The footage comes courtesy of the New York Post and may be originally from the United States Coast Guard.

Elliot’s Blog Re-Designed

As you might be able to tell, I just had my blog re-designed. I had the other layout since inception, and the other design for close to a year, so I thought it was time for a change. One new feature I am offering is the “Top Drops” page, which is found in the menu.

Each week, I will list my favorite domain drops at Snapnames. I haven’t been doing a ton of new registrations, and finding dropping/unregistered names is something I enjoy, so I will scour Snap for names that you might like.

There are still a couple of bugs being worked out, so please let me know if you see something funky. I want to say thanks to Mike @ Six One Five Design for the design work.

Investing in Call to Action Domain Names

Major corporations seem to like call to action domain names nearly as much as they like their branded domain names. Call to action domains can be more memorable to a consumer than just the brand, and it typically encourages the consumer to take action quickly. They are less expensive than generic domain names, and they’re more readily available.   They can also be more trackable than a standard brand URL.

Call to action domain names are frequently used for a short period of time, usually during a company’s interactive or integrated marketing campaign. They are liked by companies because they can help spread a message, usually in a fun way. They aren’t typically expensive to acquire, and many of the creative ones that incorporate a company’s brand are unregistered.

For a domain investor, the problem with owning these domain names is that there are several obstacles in selling them:

1) The company could easily change a word to differentiate and buy an unregistered version (CallUsASAP.com could easily be changed to CallUsRightNow.com)

2) Because they are short campaigns (usually), the budgets for creating the advertisement are typically more limited – with the exception of the Super Bowl and a few other big advertising times.

3) It’s hard to find one of these names before it’s in demand, and to acquire a great number and hold on to them, it can be cost prohibitive.

4) Usually the advertising agency creates the advertisement, and they don’t want to spend their allotted budget on a domain name, when the money can be billed for internal labor costs rather than external unrecoverable costs like a domain name.

5) On a creative pitch, there are usually 5-10 ideas and 3 final ideas presented to the client.   Between the internal agency pitch and the pitch to the client, there isn’t much time to negotiate a domain acquistion.   Agencies won’t pitch an idea to their client unless they know exactly how much a domain name costs.   Getting in touch with some domain owners is difficult, and if they can’t secure the name before the final client pitch, the idea may be ditched. The last thing they want to do is get the client on board with a great idea, only to tell them it’s not feasible because of cost or because they can’t even get in touch with the domain owner.

I get a lot of emails from people asking my opinion on call to action domain names. While I think many of them are neat from a consumer’s perspective, I think it’s very difficult to sell them to a company. I highly doubt a company will tailor an expensive advertising campaign around a domain name, and they probably wouldn’t acquire it for a future campaign (all of this assumes the domain owner is even able to get in front of the marketing decision maker).

My advice is to own a couple of these names if you must (buying them at registration fee), but don’t spend too much money on them.   Buying call to action domain names is more like playing the lottery.

***Edit***
Just for further proof about this, next time you see a call to action domain name, do a Whois History search on it. See if the company was the original registrant and when the domain name was registered. If you see that it was previously owned by someone, drop them a note and ask them about it. I’ve learned some interesting things about domain acquisition strategy (much of it I can’t post because they asked me not to make it public). I think you’ll find that most of the call to action domains that are being used were originally registered by the company using it, rather than being older domains acquired in the after market.

Bensalem.com – Reduced Price

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This domain name is now pending sale – to be completed on Monday.

Rick Latona’s Great Rates on Newsletter Domains

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I just saw Rick’s post about financing domain names purchased through his newsletter and think its a pretty good deal. If you are able to develop one of the domain names he is offering, you can probably be cash flow positive on it in short order.

To put this deal into perspective, I want to create an example.   In the past, I’ve seen Rick offer names for 10x annual revenue.   Say you buy a $10,000 name from his newsletter.   Assuming a 10 year multiple, the name is making about $2.75/day.   If you put $1,000 down, the monthly cost (at 1.25% monthly) is around $112.50.   On PPC revenue alone, the domain would make around $85/month.

If you develop the domain name minimally, add a few extra pages of additional content, find paying advertisers, find a good affiliate relationship, or do more link building to grow traffic, I would think you will see the revenue grow fairly quickly.   It wouldn’t take a whole lot of work to be cash flow positive on a deal like this.

WeddingPlanning.com on Ebay

I don’t know the buyer or anything about the domain names, but it appears that WeddingPlanning.com, WeddingPlanning.net and WeddingPlanning.org are being offered for sale on Ebay with a Buy It Now price of $150,000 – which I think is great considering the keywords. There is also a “make offer” option as well, in the event you would like to submit an offer under $150k.

Wedding planning is a large industry, and it can be very profitable for luxury weddings.   I also saw that the seller is selling EventPlanning.com, EventPlanning.net and EventPlanning.org in another auction.

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