Home Blog Page 16

A Lesson from Frederick’s Pastries

Elliot Silver
-
0

Many years ago when I was a kid, my dad would bring home special desserts from Frederick’s Pastries in Amherst, New Hampshire. When we celebrated special occasions, he would bring home a cake, cupcakes, cookies, or another sweet treat. Stopping by Frederick’s was also special. I still stop at Frederick’s when I visit my parents in NH.

When I celebrated my bar mitzvah at 13, my parents had Frederick’s make a special cake for the occasion. Honestly, I don’t remember much about the cake, but I am sure it was great. I remember something more important from that experience though.

Read More

Using a Domain Name Acquisition as a Timestamp

Elliot Silver
-
3

We visited our friends in New York this weekend. I was chatting about my friend’s dad, who passed away after a battle with pancreatic cancer several years ago. I vaguely recall attending his funeral, but it was a bit of a hazy memory for whatever reason.

As I was thinking about this, trying hard to remember if I made the trip, a very specific domain name came to my mind. I don’t know why, but I distinctly remember sitting in the parking lot of the Long Island funeral home having a conversation with a representative from the company that owned this domain name I had been trying to buy for a while. As I recall, the conversation was productive and we reached a deal shortly after our phone call.

Read More

Should Fred Mercaldo Rebrand His Company?

Elliot Silver
-
4

Fred Mercaldo is a longtime domain name investor, developer, and broker primarily known for working with geographic .com domain names. Fred has led development and sales efforts for numerous geographic domain names that have become brands. In fact, I first came to know Fred when he was operating Scottsdale.com.

Fred’s company is called Geocentric Media, but he is considering a rebrand because his business has expanded beyond geodomain names. As noted in a lengthy post on LinkedIn, Fred is considering rebranding his company’s name to Omni World Media. He asked for feedback about this potential rebrand.

I like Fred’s Geocentric brand name, but I see his point about it being most specific to geodomain names despite expanding beyond that. With that being said, it’s “geocentric” whereby geo is the central theme but not exclusively, so it still works as far as I am concerned. I almost feel like Omni World is too broad of a brand name. Maybe that’s good.

Have a look at Fred’s LinkedIn post, and if you have an opinion one way or another, feel free to share your insights here or there.

Read More

Namecheap Asks When Auctions Should End

Elliot Silver
-
1

When I visited a Namecheap auction this morning, I noticed an informational header indicating that Namecheap may change the time of day its auctions end.

“Have your say on Auction end times
We’re reviewing our end time schedules and want to know what works for you. Share your ideal bidding window and shape the future of Auctions, all from one short survey.”

Read More

You Can “Fail” 95% of the Time and Still Crush It

Elliot Silver
-
6

It is said that in Major League Baseball, a player can fail 70% of the time at the plate and still make the Hall of Fame. Someone with a long career whose batting average is .300 or better has a decent shot of being inducted in the baseball Hall of Fame while being known as a solid hitter.

Domain investing is similar in a sense, but the bar to be considered successful is even lower than a hitter in baseball. A decent domain portfolio may have a 2-3% sell through rate (STR). A strong domain investor portfolio optimized for sales might sell only 5% of the portfolio in a year. 95% of a domain name portfolio may sit unsold each year, and a large percentage of these domain names may not get an offer or inquiry during the course of a year.

Read More

Enable Immediate Payment for Inventory Domain Names

Elliot Silver
-
1

When I was operating my directory websites, a business friend of mine gave me some good advice that applies directly to domain name sales. Enable immediate payment for domain names that buyers want to buy. Whether this is an Escrow.com payment link, a BIN link with Efty Pay, or a BIN landing page with GoDaddy, Atom.com, Spaceship, or other platform, the buyer should be able to pay immediately without jumping through hoops.

Read More
1...151617...1,558Page 16 of 1,558