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Domain Company Denial

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Subscribe to Elliot's BlogI’ve come to notice that many domain companies are run by professional business people rather than domainers. This isn’t really a bad thing, as I sometimes wish I had a CEO to guide me, but it seems that many of these companies want to distance themselves as far from domainers as possible.   Some of these large domain companies don’t even consider themselves domain investors – be it that they are above the term or just think they are more than simply domainers. Whatever the case may be, many have made it clear that they aren’t domainers.

Be that as it may, 2009 is going to be difficult for many of these companies. People who identify themselves as domainers or domain investors tend to be entrepreneurial and are flexible when it comes to their business. They see all of the minor details going on with their domain investments and can make changes rapidly. Minor adjustments can make major revenue differences, and flexible companies can easily adapt. Companies with considerable upper management take forever to adapt, and they are expensive to run.

In the corporate world, I attended many meetings. Sometimes we joked about just how “expensive the meetings were” when there were layers of senior management in attendance. Large companies in the domain space should begin to look deep within themselves and see what everyone else sees on the outside. They should embrace the domainer culture, and become more efficient and better companies. Domainers will make it through this difficult economy by using their creativity and ingenuity.   Will they make it?

Name”Pros” Censoring

Subscribe to Elliot's BlogI just finished writing up my analysis of the Mystery domain auction that’s been commented upon by just about everyone in the domain space. I didn’t feel like blogging about it, so I just decided to voice my opinion on the domain forum, NamePros. I don’t post there often but visit on occasion and have never had any issues or problems at all.

I wrote out several questions about the mystery auction and then posted some of my own commentary on why I believe it’s going to fail and cause problems for the person who is running this. After returning from walking the dog, I saw that my post was edited by someone named Mark, who removed most of my commentary. Instead of taking out my entire post, he decided to selectively remove my comments.

I am disturbed because I don’t think someone should censor my opinions just because they seem to go against the majority (unless all negative posts were censored and/or removed). In all my time on several domain forums both public and private, I’ve probably had my posts edited once or twice – probably for comments in a sales thread.

I think it’s completely unprofessional to edit someone’s comments on a public forum, especially when it might change the tone or message. I don’t edit what people say here, and I wish the same respect would be held for my comments elsewhere.   If someone posts something on my blog that isn’t appropriate, I delete the comment and send the poster a message.   I don’t simply edit out the things with which I disagree. Completely un”Pro”fessional in my opinion, and a big reason I will stay away from posting there in the future.

Anyway, the gist of what I said is that people have been comparing this to the Million Dollar homepage project, which raised quite a bit of money. That was a very unique project and received worldwide press, and as a result it raised a considerable amount of money. The domain mystery auction is no revolution and will not receive the same type of buzz. This is a take off on a controversial type of auction with a domain twist.

Additionally, I said that the guy holding the auction should probably have some type of insurance coverage, as any glitch in the bidding could end up in litigation by someone who spent hundreds of dollars on bids but didn’t win.

I also doubt the auction’s mystery domain name is really worth $10,000.   Everyone thinks they have a $10,000 domain name, and anyone can post any reserve price for a domain auction, so simply because it had a $10,000 reserve doesn’t mean it’s worth this price.   The point of this statement is that if the auction manager is hoping for added buzz when the domain is revealed, that is highly unlikely to happen.

=====

The moderator just replied to me saying,
“This is the “For Sale / Advertising” section … It is a sales thread …

Legit Questions are always welcome in Sales and Advertising threads. Comments and Conjecture are not.”

Apparently he doesn’t understand the definition of the term “comment” since there are many other comments (positive of course) that were not edited out – including his own.

“Originally Posted by -REECE-
That’s a very neat and creative site you made there John. Has a nice design to go along with it – well done and best of luck!

Originally Posted by drjawed
Fantastic idea and well-designed site. The mechanism is a bit ambiguous (mysterious ) though. It will take some long time to win the confidence of bidders. Wish you good luck.

Originally Posted by Brujah
John is a hardworking clever guy. I think the idea’s great and hope it makes a million.

Originally Posted by Mark
Pretty Innovative ”

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Now it appears that NamePros has closed my account due to my questioning their censoring.   No, I am not going to appeal to RJ or whoever else owns the forum.   It should just be a lesson for others who post opinions in public domain forums.

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Final update… it seems they have re-activated my account (without a request from me).   I will continue to not post there often – unless the thread has some personal involvement.

Creating an RSS Feed on Your Static Website

Subscribe to Elliot's BlogOne of the downsides of using a “static” website for Lowell.com and Burbank.com was that they don’t automatically come with RSS feeds built in to them like platforms such as WordPress.   The options I had were to create one by hand or to purchase a program/script that automatically creates a feed and updates it.   As you can see by these two sites, I like to manage things by hand, so I wanted to create a RSS feed for each site.

These days, everyone uses RSS feeds in some way, and it can drive a considerable amount of traffic to your website. Not only do people (you probably) have RSS feed readers, but Google and Yahoo also use RSS feeds to get news for delivery via their alert system.   I use Google for alerts on just about everything related to Burbank and Lowell, and in order to have your articles automatically pinged to potential visitors, you need a feed.

Anyway, I have very little technical knowledge – or as I like to say, “I am technically stupid,” so I posted a note asking for info on a couple of domain boards.   Don Williams (aka biggiedon ) a moderator on DN Forum sent me a link to a great site that taught me how to build my own feed by hand.   It walked me through all the details, and then led me to a Feed Validator, which said the feeds are working (albeit with a couple minor issues).

While I do know much more can be added to RSS feeds than just the title, description, and link, I am hopeful that this will be another method to growing my traffic.   I’ve heard that Google loves RSS feeds because it leads them to new content. As I write articles for my sites (and eventually source this writing), I hope it will lead to Google visiting more often, driving more visitors to my sites.

Check out the finished feeds:

http://www.burbank.com/feed.xml

BLAH” class=”delete_me_please

Domaining in 2009

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Subscribe to Elliot's BlogWhen the Internet bubble burst in 2000-2001, many people gave up on the Internet as a viable place to do commerce and there were great domain deals and domain drops that followed. Companies had lost vast fortunes on their Internet ventures (much were paper gains), and many wanted to dump anything they could that would yield some value, and lots of domains sold at rock bottom prices and many more were dropped.
I know of a few million dollar domain names that were sold around then for 5-figures each. People got burned by the Internet, and many were reluctant to spend more money on it. This is when many of today’s premium domain owners acquired their best assets, and these “bets” paid off, as the Internet has become a viable source of commerce.   Sometimes buying assets when everyone else is selling can be a bad idea – like “catching a falling knife.”   However, it can also have great payoffs, which made many of today’s domain investors very wealthy.
As we head into 2009, things seem to be much different than they were in 2000-2001. People know there is plenty of money to be made online, so they are more reluctant to give up their domain names – even if they need cash. This makes it difficult to buy “cheap” domain names to sell quickly at a profit.   Making it especially difficult is the fact that most of the big buyers are on the sidelines right now, spending money sparingly or not spending money on acquisitions at all. Some of the big buyers have even quietly become big sellers.
I don’t consider myself a big buyer, but I have not been making many domain investments lately.   I would rather have cash in the bank than a domain name that doesn’t generate much revenue but should be worth good money based on the name value alone. With the economy in its current state, I think most domain names of significant value have value if there is a buyer who has a plan for the domain name.   I don’t think there are as many people out there buying domain names at market value believing the value will increase.   Most people I know are buying domain names only if they are at a steep discount.
Had I not built Burbank.com and Lowell.com, I might be panicked.   Judging by the number of Yellow Pages submissions and inquiries I have received in the last 2 weeks alone, I know the revenue is going to be there in 2009 (at least I assume so). My development company now has a sales representative (albeit not on the ground), and we are going to get in contact with these leads and new prospects almost as soon as the calendar changes to 2009.
At the moment, revenue isn’t huge on these geodomains (under $1,000/month in revenue), but it’s growing as is the traffic and interest in advertising. The point of this post isn’t necessarily that you need to develop websites to make money, because that might not be true.   The point is that if you rely on domain investing for a chunk of your revenue or for all of your revenue, you should make contingency plans to generate money in the downturn.   Like a duck on a pond, all might seem calm on the top, but there are some pretty strong things going on just below the surface, and 2009 is going to be an interesting year.
What are your thoughts?

I'm Going on Vacation

Subscribe to Elliot's BlogI am heading down to south Florida tomorrow for a nice and long vacation through the holidays. I am sure there will be a little bit of work, but my plan is to sit in the sun, rest, and relax. I don’t know how this is going to work out with my constant need to work, but hopefully I will fill my days with tennis, swimming, biking, drinking, eating, and celebrating. In the meantime, check out DNJournal, Domain Name Wire, DNN, Mike’s Blog, and Sahar’s Blog for all of your domain needs.
2008 has been one hell of a year, and I hope 2009 is even better.   I wish you all happy holidays with your families, good fortune, and of course, good health.

5 With… Mike McAlister, SixOneFive Design

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Since launching Lowell.com, I’ve constantly been asked who I use for a designer. Knowing how difficult it is to find a reliable designer who does great work, I have always been reluctant to give most people his details. With the new year approaching, my efforts will be on monetizing my websites rather than development and design, so consider this an early Christmas present.   Under normal circumstances, I wouldn’t give out his contact information, but Mike has been great for my business this year, and I am happy to highly recommend him to my friends. 🙂
When I wanted a new look and feel for a company logo (Top Notch Domains, LLC), I turned to a design competition on Sitepoint (now 99 Designs). Mike won this competition fairly handily, and I began asking him to do other projects, including the logo for ElliotsBlog.com. Mike is responsible for creating just about all of the design work for my two companies, their corporate websites, and the websites they operate, including Silver Internet Ventures, LLC.
Mike founded his company, SixOneFive Design in 2000 to provide creative design to clients all over the web.   Although currently located in Milwaukee, WI, Mike’s client base remains largely dedicated to clients mostly throughout the United States. He has served clients from California to New York, and even clients as far away as Australia. Whether you need a logo created, a new website presence or a complete identity rebranding, Mike can do it – at prices that are truly affordable.
EJS 1) How did you get involved with development and designing websites?
MM: I’ve been designing websites for about five or six years, learning along the way.   For three years I split my time between working a full-time job at a digital photography studio and working freelance at night, trying to gain clientele.   Finally, I decided it was time for a change.   My plan was to quit my job and find something more suited, maybe as a web designer, but then freelancing took off.   I started out doing mostly graphic work and smaller websites.   It wasn’t until I met Elliot last year that I began developing large-scale geo-domains.
EJS: 2) How can you leverage your skills to add more value to category killer domain names?
MM: The biggest advantage I have is that I started in graphic design and then learned web design later on.   This helps me provide my clients with complete solutions that look AND function great on launch day.   You rarely find a developer with good design sense and programming skills (if you do, hire him immediately and don’t let him stray too far).   Although I am not the best programmer on the block, I am learning every single day.   Every project is a learning process and adds to my skill set.   Also, if I ever decide to develop some of my own domains, I can do so at little to no cost.
EJS: 3) Since working on my projects, what have you learned about development and yourself?
MM: First and foremost, I work better off of lists versus multiple emails ;).   Honestly though, working on projects like Lowell.com and Burbank.com, especially, have taught me SO much about developing a large-scale website. I have become more familiar with dynamic navigation, coding for affiliates, working out .htaccess issues, and more recently RSS feeds.   I have found that with enough research and testing, I can pretty much solve any issue I run into.   It gives me confidence going into large projects, knowing I can accomplish exactly what the client needs.
EJS: 4) With your busy work load, are you still taking on new clients, and what projects are of interest to you right now?
MM: I will definitely be looking for my next big project around the beginning of the year.   My girlfriend will agree that I deserve the holiday break that’s coming up!   I have been working tirelessly all year to grab as many clients as I can and next year will be no different.   I am really up for any challenge at this point.   Since development is a hot topic, I want to bring more aesthetically pleasing and functional websites to the domaining world.   All those great domains need a place to call home!
EJS: 5) Have you worked on integrated marketing efforts, combining web design and development with offline marketing efforts?
MM: Working remotely, it is really hard to provide any kind of offline marketing.   I would love to be a jack-of-all-trades but I try to leave the marketing to the marketing specialists.   So far my experiences are that clients either want to do their own home-brew marketing or they just don’t want any marketing at all.   A friend of mine is a marketing guy and he just can’t convince businesses of the value of marketing.   More and more SEO strategies are becoming the new wave of marketing.   Once it’s perfected, it basically does the work for you.
EJS – 6) What can domainers do to cut down on costs of development?
MM – This may sound like a no-brainer but the best thing you can do is take a little time to learn some basic web design skills.   You can stop by Barnes & Noble and get any beginner web design books and learn some really valuable information that could cut down on hourly costs.   Think of it this way, the cost of one web design book is probably less than one hour of billable work from SixOneFive Design ;).
Another great thing which is sweeping the web is Content Management Systems.   CMS will allow you to update your content without needing a developer around all the time.   WordPress can be a great CMS and it’s growing every day.   I am actually finishing some WP themes myself, aimed at different domaining niches.   You will have the ability to customize your logo, colors, ad banners, AdSense, RSS and many other things from an easy-to-use theme admin panel.   I’m trying to make it as easy as humanly possible to use as a development tool.

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