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Domain Security Alert

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I found a link to David Airey’s blog on a forum and I think it’s important to read this. Had his registrar enabled a security key fob system, this theft could have been prevented. It’s scary to know that email accounts can be hacked, but its even scarier to know that if it happens, all of your domain names could be vulnerable.

Consumers can purchase insurance policies in the event valuables are stolen, but due to the nature of domain names, I don’t think coverage for theft events exist. Sure, a domain investor can fight to get his names back using the court system, but that is costly and takes a great deal of time. Valuable SEO rankings can be lost in the time a website is down, costing a business thousands of dollars in losses.

I think its about time a registrar makes domain name security impenetrable from outside theft.   As far as I am concerned, the best way to do it is using a security key fob. When will a registrar take action and make domain theft a thing of the past?

Domain Sales/Steals of The Week

I don’t usually spend much time pining over recent sales, but I think there were two great buys listed in the DNJournal.com sales report this past week, both of which took place on GreatDomains. I think Our.com selling for $60,000 was a great price. I know what I said about 3 letter .com names, but this is a great 3 letter, one word name. As I said, there are some names that are worth every penny, and this is one of them.

In my opinion, the biggest steal was FatTuesday.com, which sold for just $16,500. This is the perfect domain name for a website about New Orleans and Mardi Gras. There is also a famous bar with locations throughout the east coast called Fat Tuesday, and they own the domain name Fat-Tuesday.com. They serve some pretty good mixed drinks like the “190 Octane” and “Hurricane.” I’ve been to a few Fat Tuesday bars, and its always Mardi Gras when you’re there! The buyer got a great deal on this one.

End of Year Checklist: Optimize Parked Domain Names

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Lately, have you checked to make sure all of your parked domain names are optimized for the proper keywords and images? While the year is winding down and things are slowing down, now might be a great time to make sure that all of your domain names are resolving the way you want them to resolve, and that the PPC links (if applicable) are targeted to your domain name. A domain name receiving targeted traffic is great, but converting that traffic is what’s important, and you can’t convert the traffic unless you are displaying relevant advertising links.

I spent a bit of time doing this yesterday, and I was surprised at the results. In March, I registered the domain name MountedHeads.com after watching a show related to hunting. Don’t ask me why I was watching it because I have no idea. Nevertheless, this name receives minimal traffic, but it has made much more than the registration fee over the past 9 months. Because of that, I figured it was already optimized.

Well, it wasn’t exactly optimized. When I tested it, there were a couple of relevant links, but four of the six were somewhat unrelated. I researched the stats from the past 8 months, and almost all of the clicks were related to hunting and mounting animal heads (taxidermy). I changed the keyword term to “mounted animal heads,” and now the links are almost all targeted. I also changed the images, as only one of the three were related to hunting.

My recommendation is for you to spend a couple of hours over each of the next few days looking through your names that receive traffic to test the keyword optimization. Even if they are making money, you might be leaving some money on the table by not fully optimizing your domain names. Intuitive programs that automatically optimize your names can be good and save time, but sometimes the human touch is needed, too.

End of Year Checklist: Renew your Domain Names

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With the final days of 2007 upon us, now might be a good time to review your portfolios to ensure your domain names have ample time before expiring. Many of us ignore the renewal emails that start filling our inbox with 90 days to go, figuring we will renew them with a few days to spare. Instead of doing that, I am going to log in and make sure that all of my premium domain names have at least a year before expiring so I don’t run in to trouble.

One reason expired domain name auction services are in business is due to the fact that some people don’t renew their domain names. I presume many cases are accidental non-renewals, which can be due to a multitude of reasons. Perhaps you changed your email address over the past year. Maybe your spam filter is preventing the renewal emails from reaching your inbox. Whatever the case may be, you should manually check the expiration of your domain names now to avoid any surprises.

Heck, maybe you can even count the renewals as a business expense against your 2007 profits (consult with a tax expert or purchase the Domain Tax Guide to see).

Microsoft Sues Domain Registrar

According to articles in the Washington Post and PC World today, Microsoft has filed a lawsuit against domain registrar Red Register for registering 125 names with Microsoft trademarks. Although the domain names are currently registered to another company in Tortola, Microsoft believes the current information is false (according the article).

This marks the second registrar in recent history to have a lawsuit filed against it for cybersquatting. A couple of months ago, Yahoo and Dell both filed lawsuits against domain registrar Belgium Domains for registering domain names infringing on their brands. While both of these instances accuse the registrar of owning the infringing domain names, it is scary to think that this could potentially happen to a more mainstream registrar who controls millions of domain names and happens to have some trademark names among them. An article on DomainNameNews.com prints an email showing that many domain names at Belgium Domains are currently locked by the registry.

Trademark holders have become more aggressive in defending their marks in the past several months, not simply going after the domain owners as they did in the past. Back in June, Vulcan Golf sued Google for helping domain owners monetize domain names that they believe infringed upon their trademark. Domain owners need to use caution and common sense when registering domain names.

Jump the Domain Market

In the investment world, once a story hits the press, the price of the affected company’s stock is impacted almost immediately. In the domain industry, news travels less quickly, and because of that, you could possibly get a jump on news before price increases are made. Timing is everything.

One way to get a jump on the news is to review the list of domain names that are scheduled to be auctioned in an upcoming live auction. Do your best to determine the value for each live auction domain name based on the venue, comps, current market value…etc, and compare your calculations to the reserve prices. Should your valuation be significantly higher than the reserve price, there may be a strong chance the domain name will sell at auction.

When a domain name sells at auction for a significant price, the demand for similar names may increase as a result. In the week or so before the auction, if you are confident that a particular name is going to make a big splash in the auction, attempt to acquire similar domain names using Whois searches or via domain marketplace. If you don’t have the opportunity to do this quickly enough, you can do the same thing immediately after the auction. I recommend this strategy if you have a strong feel for the domain market and are willing to take a financial risk.

Of course, the caveat is that not all domain names are similar, even if they look the same. You need to know the market well enough to feel comfortable going out on these types of limbs. Also, the demand for similar names may be short lived, so this is a short term strategy.

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