Quick Hits for the Weekend

I think I found a sales representative in Lowell, and he is expected to sell advertising to local businesses. My guy has 15+ years of sales experience, with the last 3 being online sales. The best part is that he lives in Lowell, and he knows the city of Lowell.   This will hopefully help to take the site to the next level.

Yesterday, Rick Latona introduced DigiLoan.com, a longer term loan company which will help people finance large domain purchases, primarily domain names that are sold via his auctions and newsletter. This is going to bring more liquidity to the domain industry, which could and should help to drive more sales in the near term.

I have always had a personal aversion to debt, but I had a long conversation about the benefits of debt with a friend who does hotel asset management. While I don’t wish to use debt as a means to buy domain names yet, I do see the value it can bring to a company – especially when a domain name comes on the market for a limited time, never to be for sale again.

Jamie had some success selling domain names to end users. I’ve discussed this before in blog posts and in a couple of interviews, and I think this is a great way to sell a domain name. It might be a bit more labor intensive and require some educating, but those sales can still be had if you have great domain names.

The auction list for the GeoDomain Expo was released last week.   There are some pretty good names on this list, although I think I have enough work on my plate…. Newburyport.com is almost finished and then I will have to start adding more time-sensitive content.

It’s 76 degrees and sunny here in NYC right now… time for a walk in Central Park.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

2 COMMENTS

  1. Very interested to see how your on the ground sales guy does in Lowell. Wish you the best with this game plan. Have thought about this for awhile now after reading about the Castello’s initial door-to-door crusade that launched PalmSprings.com.

    Curious if you put him on a pure commission basis? I understand that information may be private though. Having someone from Lowell seems like the best approach. Good luck!

  2. Completely not related to this particular post but I had to share this quick story for all domainers..

    Was out grabbing a drink in hollywood last night with a friend at a local dive bar. My friend was feeling adventurous and asked what other good vodkas would you recommend besides grey goose. The bartender says..”Try this one it’s great..standard..this is the company that bought the domain vodka.com for $3 million!”

    Ok..this guy was in his early 20s..not a domainer as I told him that’s what I do and that sale happened a couple years ago…

    As far as I am concerned, this is a bonafide sign of how valuable domains are and still have to appreciate from here..especially from the aspect of an ever younger internet population who has grown up with it as part of their lives

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