I am almost back home, and here are a few updates for the weekend.
- Thanks to everyone who commented on my post the other day. I plan to select the winner at some point tomorrow afternoon and will let that person (and everyone else) know who was selected. Depending on the interest level and the time, I might do something like this in the future.
- If you’ve sent me an email in the last week, please excuse my belated reply. It’s going to take a few days to catch up on emails. If you don’t hear back from me for some reason, please re-send your email and I will be in touch.
- I read a couple of domain-related articles that people sent to me this past week, and it seems like there was quite a bit of interesting activity:
- >>> Regarding “pigeon shit” domain names – I agree with Rick in some ways although I don’t entirely understand the point behind the posts. Yes, there are plenty of people who register bad domain names. I’ve registered plenty of shit domain names. I assume many people read domain blogs to learn, and I hope I can flatten the learning curve to help people buy good domain names.
- >>> I also saw Rick’s post about the traffic/oil spill domain names, and although I won’t pass judgment on another person’s or company’s investment strategy, I will say that I don’t personally monetize tragedy-related domain names. It’s more of a personal thing for me, but it disappointing to see Rick publicly disclosing these investments. IMO, people look up to Rick for advice and knowledge and when people see the “Domain King” owns BP (trademark) names, others might follow suit thinking it’s okay, and some might be okay but others might be problematic. Of course names like these get some traffic and revenue, but in the whole scheme of things, is that $1k (maybe) in revenue worth it?
- >>> Mike Berkens’ post about the CamRoulette.com lawsuit was interesting and had some great responses. I don’t really feel badly for the 20 year old “kid” because I’ve been in the position of losing out on a name after a price was agreed upon. I don’t wish any ill-will on him, but I hope anyone who reads about this sees that backing out of a deal (even one consummated via email) is not only unprofessional but can lead to additional legal problems.
- >>> In that same vein, it seems that some potentially upcoming legal cases may make it more costly for a seller to back out of a deal. There’s the CamRoulette.com case, the 7 legal domain names sold on Sedo, the Women.com case, and the MobilePhones.co.uk case. If the buyers sue to get the domain name(s) and legal fees and win their cases, it could become known that’s very costly to back out of a deal. Right now, perception is that it’s simply a matter of a damaged reputation, but the reality could be that backing out of a deal is costly and not worth it.
- I put some names for sale on DN Forum as I said I would, using a sticky thread. So far, two of the better names have sold and I will begin to reduce some of the prices and add names like RingtoneSites.com.