I have frequently seen people lamenting that “all of the good domain names are taken.” I think this defeatist talk is far from the truth. Yes, just about all of today’s relevant one word (and most two word) domain names are taken. However, there are still some targeted, high paying keyword .com names that have never been registered before, and they are just waiting for you to buy them. These domain names are hidden gems just waiting to be found.
A few months ago, I was reading about subprime credit and mortgage issues. I did some searching, and I registered SubprimeHomeMortgages.com. Just a couple of weeks ago, I sold it for over a hundred times my investment. Some people thought I might have sold it for less than full value, but why be greedy? Registering new domain names is as easy as keeping up on the news and following trends. Many people I know in the business enjoy the thrill of hunting for great unregistered domain names as much as buying 6 figure names.
A couple pieces of advice on registering new domain names:
1) NEVER register names with trademarks. If the company wanted it, they would have bought it. Also, if there was traffic, unfortunately a tasting company would probably have bought it already. You are just looking for trouble.
2) Always read various newspapers, blogs, industry journals…etc. Domain registration is about speculation. I saw that there is new insulin technology, so I bought DisposableInsulinPump(s).com. Domain names cost $7 – you have much better odds than the casino!
If you are a person who thinks all the good names are registered, here are a few that I just registered last night:
TruckDrivingInsurance.com
CheapToiletries.com
NewYorkInsurer.com
NewYorkInsurers.com
PeepShowBooth.com
PeepShowBooths.com
I completely agree with you. I have found some good ones as well recently.
pontooninsurance.com
bestyachtinsurance.com
motorcycleinsurancepolicy.com
Sure they aren’t single word 6 figure domains but they are still gems that for someone who wants to develop a site will work very well. Plus they are keyword rich.
Elliot, I just realized that I placed my last message in the wrong comment area, so I’m resubmitting it here:
I just registered a one-word dot-com yesterday: http://www.Lexiconist.com (still on a construction page)
Perhaps not a hot name, but it is a real word, one known by writers of dictionaries.
Love your blog, BTW, and am adding your blog to my blog roll.
Ms Domainer
I’ve been focusing on registering dictionary foreign-language domains. I think there are huge opportunities there for someone who’s willing to be patient. I really appreciate you pointing out to people that opportunities still exist. This is a theme I’ve been thinking and writing about a lot lately, especially when I hear newcomers complaining about missing the boat.
By the way, I wrote a post recently listing the 15 most important domaining blogs, and yours in on the list. I also really love your WordPress theme.
**Update by Elliot: Thanks so much for the compliments!