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What Do You Do?

I believe that most people who are involved in the domain industry don’t do it full time.   Many are involved with the Internet in one way or another, but their domain investments are made passively, and they spend time on them when they can.

That being said, I am wondering what my readers do for full time work.   As you know, prior to becoming a full time domain investor and domain developer, I was a Marketing Manager at AIG, and prior to that, I was a Project Manager and New Business Associate for Wunderman (part of YR Brands).

So… what do you do?

I Love Canada!

I never thought I would say (write) that, but it’s true. I LOVE Canada. Well, maybe not Canada or Canadians per se. I don’t have anything against Canadians of course, but that’s not really the point.

Ok, so what IS the point? Well, after some diligent analytics and analysis, I noticed that Elliot’s Blog is the #1 result of 29 MILLION+ results for the term domain blog. Now I am not that full of myself to think that I have the BEST domain blog, but at least in Canada, for today, I am #1!

Elliot's Number One

Lots of (Good) Hand Registrations Still Available

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With domain tasting nearly dead, there seems to be a lot of opportunities today to register some decent new domain names as the tasters aren’t keeping everything. In the past several months, this hasn’t really been the case. I’d find decent names, but not really at the volume as I am now. Perhaps this has to do with people trimming down their portfolios and not renewing domain names, but whatever the case is, there seems to be more good unregistered names than before.

When you search for domain names to register by hand, always keep in mind two questions:

How can this be used commercially?
Would a person or a company legitimately spend hundreds or thousands of dollars building a website on this domain name?

If the answer to either one of these questions is “no” I recommend not registering it. I will use two recent registrations I made as examples:

1) Fireproofers.com – Although this isn’t a commonly used term, there are a considerable number of companies in the fireproofing business. They are paid to make sure newly constructed buildings are built with fireproof materials. It’s not a huge industry, but it is lucrative. Individually, each company/person is a fireproofers, and collectively they are fireproofers. This could be used as an industry site.

CigarEnthusiasts.com. I could easily see a cigar lover buying this name and building a cigar directory site. I wouldn’t sell it for thousands of dollars because nobody would pay that, but for a few hundred dollars, a person could buy a meaning full name that has cache.

There are tons of names like these out there available to register for under $10/each that can be flipped for a tidy profit. In a difficult market, it’s tough to acquire $5,000 domain names and hope to flip them. It’s much easier to buy a $7 name and sell it for $30 – $500 though.

You Can Disagree, But Be Respectful

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I read a thread on a domain forum this evening that really pissed me off. Two people were highly critical of my friend Ron Jackson, and they were downright rude in their criticism. I think that people have the right to be critical of others (and I encourage it sometimes), but the rudeness that was shown was unprofessional and undeserved. Ron was one of the first (if not the first) domain journalists in the business, and he continues to publish news and articles that help the domain industry reach new audiences.

Ron spends hours upon hours each week writing articles, compiling reports, and interviewing industry professionals. Ron and his wife Diana attend nearly every domain conference, and one or both of them seem to attend every single panel and event, writing notes and taking photographs. All of this is used to produce the most respected, and the most widely quoted domain publication.

Whether you agree with what Ron says or with what any of the industry professionals profiled in DNJournal say, Ron is deserving of all of our respect and appreciation for his hard work. I don’t know how much Ron is compensated for his work via advertising sales, but I guarantee it doesn’t come close to compensating him for the time it takes to produce his publication.

Web TV: Microsoft Leading the Way

It’s only a matter of time before our computers and televisions are completely integrated into a single unit, allowing us to surf online, watch television shows, and do work all from the same unit.   The lead story on CNN at the moment is about Web Television and how the Internet is slowly becoming a source for television shows.

I think it is interesting to note that Microsoft owns one of the category defining domain names for this in WebTV.com.   As I said earlier today, you need more than the domain name to build a business, but Microsoft would also seem to have a huge arsenal of technology to complement this domain name. Personally, I don’t know much about their current offering, but this could be a leading website in a few years.