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Doing Good Things

Elliot Silver
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0

While leaving the restroom at TRAFFIC on Thursday, a gentleman held the door opened for me, and I introduced myself on the way back to one of the panels. I learned that he was from Baltimore, and after a brief conversation I found out that he bought and sold Jewish-related and Hebrew domain names among other business pursuits. When he asked if I had any of these names, I responded that I owned one that I hadn’t done anything with and was willing to sell it.

Rewind a few months…
When I originally purchased the name, I told a close friend of mine that I would give all of the proceeds to his non-profit Jewish organization. My friend is the Rabbi who runs the Mitzvah Tank organization in Manhattan, and he has one of the biggest hearts out of anyone I know. I’ve seen him give money out of his pocket to help people in need and he is always willing to lend an ear and give advice.

Back to the conference…
My new acquaintance asked me what my asking price was for the name. When I told him the story about the sale going entirely to tzedakah, he made a very generous offer for the name. I accepted the offer, and my company will match his offer to double the contribution. It certainly wasn’t my highest financial value transaction, but it was definitely the highest value transaction I’ve had, and I wouldn’t be surprised if I made a new friend in the process.

Importance of a Generic Domain Name

Elliot Silver
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0

Although there are several things I consider when selecting a domain name to target for acquisition, I believe the most important thing is the generic nature of the name. I believe that owning a generic, industry descriptive domain name is the most important thing someone can do to build their online business. It is even more important to own a generic domain name in a smaller niche industry, especially if an industry leader does not exist.

In my opinion, if you are entering a market without a dominant industry leader, the greatest thing you can do for yourself and your business is to purchase a generic name that describes the industry in the shortest way possible. To illustrate my point, let’s take an industry that is well established with many industry leaders. For example, let’s say you want to check out the score of the Red Sox game. Chances are good that you wouldn’t go to BaseballScores.com, but instead, you would either hit up ESPN.com or RedSox.com knowing that you will find the score of the game, box score, and maybe even a summary. Sites like these are dominant industry leaders, so although a generic domain name is good, it would still be difficult for your company to thrive with huge competition already fully developed and well known by web users.

However, let’s say you are interested in buying a flag for Independence Day. If you were to directly navigate to a website, chances are good that you might go to AmericanFlags.com, as there isn’t a well-known industry leader in the flag business (to my knowledge). AmericanFlags.com surely receives a good amount of type in traffic from patriotic Americans (and probably from anti-American people as well). This traffic is inherent with the domain name, and the company doesn’t need to expend advertising dollars to attract these highly motivated visitors who want to buy American flags. There is nothing better than when a customer knows exactly what he wants, and he finds himself on a website that can provide the product for him.

The other distinct advantage of building a business around a great generic domain name is that it is easier for a business with a generic domain name to get higher search engine placement than a company with an unrelated “brandable name.” To continue using the example from above, AmericanFlags.com has top placement in Google for “American Flags.” This is a HUGE advantage for an online company like this because consumers who choose to use a search engine instead of direct navigation will see the company right at the top of the unpaid search results, and many will trust this company, without knowing anything else about it. There is a good deal of comfort in a consumer’s mind knowing that they are clicking through to a company that is built around the term they are searching.

Could the people from AmericanFlags.com be successful without this domain name? The answer is probably yes because they have a great leader and team, however, it would have been more difficult and much more expensive.

Special Thanks

Elliot Silver
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2

There are a couple of people I want to thank for their help in putting my website and blog together.

I’d like to thank my friend Kevin for developing my website https://domaininvesting.com and for building this blog. He and his team were able to put it together in a short period of time, and I think the work speaks for itself. I asked for several specific things for my site and blog, and I was very surprised with the amount of support Kevin was able to give. As an aside, Kevin has a deep rolodex, so if you are looking to sell a premium name or two to corporate America, Kevin may be able to help you out. If you want to get in touch with Kevin, shoot me an email and I’ll send him your details. A sincere thanks to him for his help.

Secondly, I want to thank Tasha Kidd for her help designing my logo found on https://domaininvesting.com . It was Tasha who was one of the first people to reach out to me when I was learning about the business, and she put me in touch with many members of the domain community less than a couple of years ago. It is crazy to think that I was learning about domain investing on my own from various articles found online, but up until February of 2006, I didn’t even know DN Forum (or any of the other forums) even existed! I certainly would not be where I am at without Tasha’s advice and assistance. She has some great ideas, and she is one of the nicest people you will meet in this business. If you would like to be put in touch with Tasha, please contact me and I will send her your details.

Shameless Plug

Elliot Silver
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0

Top Notch Domains, LLC Domain Names for Sale:

CommunityCenter.com – Make offer
FlightDiscounts.com – Make Offer

Email: DomainNames@Gmail.com to make offers.

Other Name for Sale (Not Owned by Top Notch Domains, LLC:)

FreeGifts.net

Email: DomainNames@gmail.com to make offers.

T.R.A.F.F.I.C. Live Auction Streaming Results

Elliot Silver
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2

Final Results. *Not responsible for inaccurate prices… Congrats to all winners!

1. VintageAirplanes.com – $5,700
2. StageRental.com – Pass
3. Toy.net – $26,000
4. StockTrades.com – $25,000
5. BondFund.com – $12,000
6. IrishWhiskey.com – $8,000
7. BakingSupplies.com – $12,000
8. PrivateTutors.com – $16,000
9. PrivatePilots.com – $20,000
10. Historian.com – $25,000
11. TechnologyFund.com – $10,000
12. PinkRoses.com – $10,000
13. VintageMotorcycles.com – $14,000
14. Booksellers.com – $30,000
15. Houses.net – $75,000
16. ComicBooks.com – Pass
17. Supplies.com – Pass
18. Breathalyzer.com – Pass
19. Invest.net – Pass
20. PX.net – Pass
21. Tightrope.com – $18,000
22. Sale.mobi – Pass
23. AutoClassifieds.com – Pass @ $135,000
24. Six.com – Pass @ $1,000,000
25. Scotland.com – Pass @ $3,000,000
26. Pedestrians.com – Pass @ $7,500
27. EgyptianPyramids.com – $7,500
28. RentalProperty.org – $8,500
29. Clap.com – $21,000
30. TattooParlor.com – Pass @ $28,000
31. LimousineService.com – $30,000
32. ZN.com – $95,000
33. 46.com – Pass @ $70,000
34. Flights.net – Pass @ $85,000
35. Scores.mobi – Pass @ $115,000
36. Planet.com – Pass @ $350,000
37. PressReleases.com – Pass @ $2,500,000
38. Seniors.com – $1,800,000
39. ClubSoda.com – $20,000
40. Tied.com – $13,000
41. Polling.com – Pass @ $70,000
42. EC.com – Pass @ $250,000
43. Ethanol.com – Pass @ $600,000
44. Vacations.mobi – Pass @ $30,000
45. CreditCheck.com – @ $3,000,000
46. VictorianHouses.com – $8,500
47. JewishDeli.com – $9,000
48. Hospitals.us – Pass @ $8,500
49. Catalogs.net – Pass @ $15,000
50. FM.org – $18,000
51. Fountain.com – $95,000
52. Union.com – Pass @ $185,000
53. Stuff.com – Pass @ $1,500,000
54. Slots.com – Pass @ $4,500,000
55. CarSales.com – $400,000
56. PDA.net – Pass @ $25,000
57. CateringService.com – Pass @ $15,000
58. AirlineReservations.de – $9,750
59. HelicopterCharters.com – $18,000
60. NoLoadFund.com – $12,000
61. RecyclingCenters.com – $13,000
62. FT.net – $22,500
63. Grandmothers.com – $25,000
64. Snuff.com – $45,000
65. DiscountPerfumes.com – $80,000
66. Draw.com – Pass @ $1,000,000
67. Amethysts.com – $13,000
68. Highspeed.net – $27,000
69. 62.com – Pass @ $80,000
70. InternetRadio.com – Pass @ $225,000
71. Commodities.com – Pass @ $1,750,000
72. Elections.com – Pass @ $600,000
73. IncomeFund.com – $20,000
74. Surgeon.net – $21,000
75. 555.mobi – Pass @ $7,500
76. Text.mobi – Pass @ $21,000
77. Forbiddencity.com – Pass @ $20,000
78. Lips.com – $135,000
79. CheapGames.com – $45,000
80. Clock.com – $175,000
81. Student.com – Pass @ $3,000,000
82. PuertoRico.com – Pass @ $3,500,000
83. Passover.com – Pass @ $60,000
84. Bhutan.com – Pass @ $70,000
85. HY.com – Pass @ $100,000
86. Fitnesscenter.com – Pass @ $125,000
87. Comedy.net – $25,000
88. Villas.net – $25,000
89. BachelorDegrees.com – $42,500
90. FinancialPlans.com – $17,000
91. Houston.info – $17,000
92. DUI.net – $18,000
93. Cantaloupe.com – $25,000
94. Glamorous.com – $60,000
95. CustomMotorcycles.com – Pass @ $55,000
96. HighDefinition.com – Pass @ $65,000
97. Bulk.com – $100,000
98. Pay.mobi – Pass @ $45,000
99. NewYorkRealty.com – Pass @ $120,000
100. Locals.com – $250,000
101. Dollars.com – Pass @ $700,000
102. DSL.com – Pass @ $1,500,000
103. TalentAgent.com – Pass @ $35,000
104. PropertyManagement.net – Pass @ $20,000
105. Jericho.com – REMOVED
106. MegaYachts.com – $150,000
107. Z.md – Pass @ $4,000
108. MarriageCounselor.com – $36,000
109. HorseRacing.com – Pass @ $4,500,000
110. Gin.com – Pass @ $250,000
111. 401kPlans.com – Pass @ $250,000
112. FreeAuction.com – $50,000
113. TGP.com – Pass @ $225,000
114. InsuranceRates.com – Pass @ $150,000
115. Manufacture.com – Pass @ $75,000
116. HeartrateMonitor.com – $55,000
117. Telephone.org – $13,000
118. GrowthFund.com – $25,000
119. Dermatology.com – Pass @ $4,500,000
120. SecurityEquipment.com – Pass @ $20,000
121. ChocolateCandy.com – Pass @ $27,500
122. IndividualRetirementAccounts.com – Pass @ $20,000
123. Carburetors.com – Pass @ $25,000
124. Pesos.com – Pass @ $35,000
125. Males.com – $55,000
126. Pit.com – $60,000
127. MastersDegree.com – Pass @ $60,000
128. Note.com – $115,000
129. Cats.com – Pass @ $2,000,000
130. Naked.com – Pass @ $1,500,000
130A. 212.net – $10,000
131. Lick.com – $60,000
132. SoccerLeague.com – $28,000
133. TelevisionShow.com – $35,000
134. Nashville.us – $23,000
135. 300.mobi – Pass @ $4,000
136. AirlineTickets.net – $17,500
137. MartialArts.com – Pass @ $600,000
138. 06.com – Pass @ $60,000
139. Fees.com – $55,000
140. Saginaw.com – $55,000
141. Europe.mobi – Pass @ $14,500
142. FireEngines.com – $32,500
143. PrescriptionMedication.com – Pass $35,000
144. Text.com – $300,000
145. Menopause.com – Pass @ $1,500,000
146. ComputerEquipment.com – Pass @ $110,000
147. Psychologists.com – $160,000
148. Brackets.com – $56,000
149. Phones.mobi – Pass @ $30,000
150. Teri.com – $28,000
151. Gaza.com – REMOVED
152. Pensions.net – $10,000
153. GlobalFunds.com – $20,000
154. Jody.com – $29,000
155. Blogging.com – $135,000
156. Auction.com – Pass @ $4,500,000
157. Bald.com – $400,000
158. Lean.com – $55,000
159. OBGYN.com – Pass @ $1,000,000
160. QR.com – Pass @ $85,000
161. Wrestling.org – $30,000
162. SoundEngineer.com – $8,000
163. EquityFund.com – $30,000
164. Laptops.mobi – $4,750
165. GY.org – Pass @ $11,000
166. Artist.com – Pass @ $750,000
167. GasolinePrices.us – $6,000
168. Pimple.com – $82,500
169. Camping.net – $60,000
170. 82.com – Pass @ $75,000
171. Rollercoaster.com – Pass @ $100,000
172. Tourist.com – Pass @ $750,000
173. Whiskey.com – Pass @ $400,000
174. CD.net – Pass @ $22,500
175. Manhattan.info – $21,000
176. Mayor.net – Pass @ $5,500
177. StockMarket.tv – Pass @ $7,500
178. GED.net – Pass @ $15,000
179. Charters.com – $140,000
180. Cardiology.com – $550,000
181. Program.net – $17,500
182. Fresno.us – Pass @ $4,000
183. GXD.com – $5,000
184. Male.org – $12,000
185. MovieProduction.com – $14,500
186. VenusFlytrap.com – Pass @ $27,500
187. Documentaries.com – $48,000
188. How.com – Pass @ $600,000
189. Bourbon.com – Pass @ $300,000
190. Spend.com – Pass @ $70,000
191. MT.org – $25,000
192. MedicalLabs.com – $10,000
193. BeerKegs.com – $12,000
194. Mortgages.mobi – $25,000
195. SO.net – Pass
196. Sub.com – $71,500
197. Coed.com – Pass @ $75,000
198. Spices.com – $220,000
199. RadioPersonality.com – $7,000
200. EmailList.com – $13,500
201. Character.com – Pass @ $27,500
202. Smoothie.com – Pass @ $75,000
203. DomainPark.com – Pass @ $60,000
204. DiscountInsurance.com – $60,000
205. Racism.com – Pass @ $125,000
206. Subways.com – $50,000
207. Laptop.net – $40,000
208. PP.org – Pass @ $30,000
209. MP4Player.com – Pass @15,000
210. Tart.com – $30,000
211. Shows.net – Pass @ $23,500
212. ZZ.org – $23,000
213. Dont.com – $30,000
214. Shaft.com – $17,500
215. Mortgages.biz – $15,000
216. Dancing.net – $10,500
217. FHAHomeLoan.com – $9,000
218. FreeStuff.net – $28,000

My Experience with SnapNames Seller Program (beta)

Elliot Silver
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3

Up until about a month ago, I was never an active SnapNames user. At most, I may have been involved in five auctions over the course of three years, but I heard (and observed) some great sales that occurred on their platform. When I was made aware of a new beta test allowing ordinary people (like me) to auction names on SN, I was immediately intrigued. I wondered whether they would have more success selling my names than I had listing them in various forums and emailing my contacts. I decided to list a small group of decent names, and I didn’t set a reserve. I also listed one “premium” name, and I set a small reserve of $500. If it sold for the reserve price, I would take a loss, but domain investing is a gamble, so I rolled the dice.

To my surprise, a great number of my names sold! In fact, I had listed a group of them on another forum for $25/each to clear out some inventory less than two months before. My premium name sold for over $4,500 and had a bidding battle at the end. All in all, I have done two rounds of testing at SN, and here are the stats:

1) My sales rate on the domain names I submitted was 63%. Of the 30 names I submitted, 19 of them sold.

2) Of the 19 that sold, 63% of those sold for more than the $60 dollar reserve price.

In my opinion, at the present time, the only downsides to this program are the high rate of commission, currently 20%, and also the length of time it takes to disperse funds, sometimes up to a month. As I understand it, there aren’t any discounts on high value names, but a representative from SN may comment and confirm this or hopefully correct my error! All in all, the higher commission fee is worth it for the amount of names that were sold.

From what I heard, the manual process of reporting the auctions is going to become an automated process at the end of this month, which will allow me to view the names that are in auction and the number of bids. This is much easier than emailing the folks at SN – although to their credit, they always responded to me in a timely manner with the details I needed.

I just authorized a group of 60 names to be auctioned, and I will give an update once the auctions have finished. Based on the first two rounds of testing, I think they have a winning program!

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