Here are a few quick hits for another lazy Sunday afternoon.
- The Snapnames Geo & Local Search Showcase has just over two days remaining, and just seven auctions have bids: SanFrancisco.net, NewBoston.com, VacationExpert.com, CommittedRelationships.com, GuitarRentals.com, Scarborough.org, and SeattlePictures.com. As you can see, there are more than just geodomain names on sale, many of which have no reserve.
- When are people going to realize how much of a waste of money it is to register stupid names about current events – especially those involving athletes, celebrities, and other famous people. Sure, your Tiger Woods domain names may be humorous (doubtful), but nobody is going to pay you squat for them. At best, you will draw the attention (ahem, criticism) of the mainstream media. Do you really want to answer a reporter’s question in front of your family, friends, neighbors, and countless others about why you think your lame Tiger Woods domain names are worth anything?
- I don’t really mind the Sedo redesign…. I actually don’t use Sedo all that much anyway. I do feel badly for someone who had a five figure auction running that ended the day of the redesign. I guess there isn’t much that can be done to avoid this, but it’s a bummer.
- Tax time is coming! The Domainer Tax Guide is a good resource for people who need some tax advice related to domain investments. Yes, that’s my affiliate code, and yes I also bought a guide and sent it to my accountant since he hadn’t worked with a company like mine before.
- Larry Fisher is one of the more successful domain investors I know, and he’s been writing a series about a 7 figure domain auction in which he is involved. Larry plans to blog much more often on DirectNavigation.com this year, so it’s a good idea to add him to your list of daily reads.
Thanks Elliot – I like the format of this post! Definitely agree about Tiger Woods domains – always frustrating to see people rush-out to register TM domains and then call it an investment 🙁
I disagree with you about the Woods domain names. Lots of activity and interest from bloggers, entertainment companies and 1 garment manufacturer. It all depends on the Tiger names you have registered. Google “TigerisaCheetah” and look at the 11 million plus references. Don’t tell me that does not make sense $$..
Current event related domain names can be extremely lucrative from a revenue standpoint, but agreed not so much for a long term flip strategy, though sometimes you can flip them in the midpoint of the burnout and make money at that also. Timing is everything on these.
Lots of domainers do make a mad rush to grab these kinds as soon as breaking news hits the wire services and current event domains do indeed get oodles of instant traffic.
I agree on the Tiger domains….don’t see the big ROI there.
I am always amazed how quickly after a current event/breaking news event occurs how quickly domains are registered…..within literally three minutes of the plane landing in the Hudson back in January and one news source calling it a ‘miracle on the hudson’ – I quickly checked and within a minute or so MiracleOnTheHudson.com was registered….amazing!
Happy Holidays Elliot
Hey bradford brotha, Good to see you JUMP on those Tiger Woods domains RIGHT NOW. Some people will think you are RUNNING WITH THE DEVIL buying those, but us Van Halen’s know domains better than these . Good thing you used that registrar in PANAMA.
El-Silver,
Sitting back on a Sunday and puffing a phat one or sipping a beer, and you come up with some wisdom, eh?
I’ll back you on the need for ALL domainers to own the DomainTaxGuide.com ebook. Your readers would be surprised how much their CPA doesn’t understand about domain investing. The Domain Tax Guide spells this out, and can save thousands of dollars.
Thanks Elliot.
I hope you enjoy reading my blog as much as I enjoy reading yours.
best regards
larry