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Why you should be attending the DomainX 2017

DomainX Delhi 2017

If you are in India, OR any where around it, OR you are willing to travel to India around August 2017 – well, you have an excuse apart from visiting the Taj Mahal – DomainX 2017 Domaining Conference.

I first heard about DomainX in October 2016. But DomainX is much older than that. It started in 2014 with its first event at Hyderabad, India on September 7th, 2014.

We all have heard and most of us have attended popular domain name industry conferences like TRAFFIC, NamesCon and DomainFest but DomainX is a first timer for a country like India and it sounds very interesting. India’s very own domain name conference!

DomainX started as the First dedicated domain name conference to network, bring awareness and educate people about the domain name industry in India.

The idea behind DomainX conference was to bring industry leading International Domain Name and Internet Marketing experts to interact with fellow domain name investors and web startup community to showcase their proven products and services. Continue Reading

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What makes a “Domain King”

Rick Schwartz - The Domain King

You might have over 100,000 domain names in your portfolio but thats a Domain Stockist and not a Domain King. Domaining is about Quality, not Quantity. That is what the Domain King proves to us.

Today we discuss what makes Rick Schwartz the Real Domain Name King for last Two decades, Now and Forever.

Sense of Quality Domaining is a skill that is used passively and it reveals some information on sight and may reveal more information as you carry the skill around. Since it is used passively and trains your perception, it is an excellent skill to learn early in the domaining game.

Look at these names:

Widgets.com

Men.com

Property.com

Candy.com

Moreover, look at these:

ExtraCash.com

PersonalAds.com

HelicopterCharters.com

Rick Schwartz purchased his first domain name in December 1995 when he paid $100 for LipService.com. Eight years later to the month he sold one, Men.com, for $1.32 million in a deal that was reported worldwide.

He was one of the very first people to see that domains had the same potential in cyberspace that real estate had in the real world.

He started his domain name business with a total investment of $1,800 and earned around $20 million over the next 8 years, thats one of the reasons why he is the Domain King.

Can we even think about registering or owning such names, in today’s world ? Probably Not. But this guy is Inspirational. I have been reading at domainking.com/ricksblog.com for the last 10 years, and all I gain from him and his lifestyle is – Inspiration.

Some of Rick’s milestone sales:

Meet.me

eCruise.com

235.com

Men.com

Property.com/Properties.com

OnlineCasinos.com

Acquiring a One Word domain name is inspirational, but knowing about its Sales story is more fascinating than any thing else.

Quoting from the Rick’s blog: Domains would go up faster in value than any commodity or asset ever know to mankind.” No stock, no land, no gold, no jewel has ever gone up faster and further in value. Since that sale Rick has sold Candy.com for $3 Million plus royalty and retians 10% ownership, Property.com for $4 Million with an equity stake and ebet.com for $1.35 Million cash.

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Yahoo! Geocities – The First Website

Yahoo! Geocities

How many of us can recall the first website we ever made or a blog we published Online ?

First impression might not be the Last impression, in case of your first website.

The first website is rather the Motivational factor. You learn from your mistakes, you tend to make things better the next time you make a new website or upgrade your existing first website.

My first website ever Online was on Geocities.com. The year was 1997 when I first published a website Online. The Domain Names could be registered at $35 per year, or as a great discount for $34.95 🙂 at Register.com or NetworkSolutions.com or MelbourneIT.com.

Bob Parsons with GoDaddy.com Super Bowl Commericals Team

Bob Parsons with GoDaddy.com Super Bowl Commericals Team

It was way before Bob Parsons started directly promoting GoDaddy.com and the GoDaddy.com girls started impressing on TV commercials.

$.99* .COM Domain! Get going with GoDaddy!

Bob Parsons with GoDaddy girls

Bob Parsons with GoDaddy.com Girls

Well its not due to the Godaddy Girls, Godaddy.com grew by being quicker, cheaper, offering 24/7 customer support, and creating an upsell system that offered services to significantly increase revenue.

Geocities was Free Website, Free Hosting, No Domain Name, but a good web presence with the Best SEO results, remember the Search Engine was also Yahoo! at that time, not Google.

Yahoo acquired GeoCities in 1999, near the peak of the dotcom bubble, in a stock deal valued at roughly $4.6 billion. But the rise of alternative services quickly spelled the end of GeoCities’ prominence.

Geocities had tools and many assisting plugins available and they were pretty decent if we compare to what we have even today.

A posting on a Yahoo Help page for GeoCities on April 2009 said the service was no longer accepting new customers and that it will be closing later this year, with more details about how individuals can save their data coming this summer.

In a statement Yahoo had said:

“We have decided to discontinue the process of allowing new customers to sign up for GeoCities accounts as we focus on helping our customers explore and build new relationships online in other ways,” Yahoo said in a statement.

“As part of Yahoo’s ongoing effort to build products and services that deliver the best possible experiences for consumers and results for advertisers, we are increasing investment in some areas while scaling back in others.”

Add this to the deal Yahoo made with Mark Cuban to buy Broadcast.com, also in the late 1990’s, and that equals about $10 Billion that Yahoo gave away.

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Top Reasons to Start Flipping Domains

Top Reasons to Start Flipping Domains

Flipping in common terms is buying/registering a domain name and selling it for a profit.

Let us try to understand this in a better real world situation.

We can compare Domain Flipping to House Flipping as the two concepts are very similar just taking place in different worlds – the physical vs. the digital.

Many Domainers seem to think that Domain Flipping is the process of buying a domain name and selling it as quickly as possible for a profit. This is <strong>nothing </strong>like House Flipping. Could you imagine if a House Flipper bought a house in need of repair – did nothing to it, and then tried to sell it for a profit – Good Luck! Instead a House Flipper researches the neighborhood their target home is in, determine what the average selling price of similar homes is. The House Flipper then takes a variable amount of time – could be one month, could be one year – and completely transforms the home into a masterpiece. It is through this process – the upgrading of the house both inside and out and dramatically increases the price of the home and give the House Flipper their profit.

The exact same is true of Domain Flipping. When you flip a domain you do your research and determine the popularity of your keywords, analyze similar sales, understand the market you are in and potential growth factors. Once you find the right domain you then begin the upgrade process by putting a high-quality, niche content-driven website on the domain with information your target audience is looking for. You turn a domain name that was getting 1-2 visitors a day into an investment that is making $100/month and receiving thousands of visitors.

This is Domain Flipping and it takes a different amount of time for each domain name.

Our average time for a flip is around three to six months. This is the amount of time we feel it takes for most of our domains to begin generating consistent monthly revenue and strong organic traffic.

When thinking of Domain Flipping it is essential that people understand that you need to take time, do your research, and develop a destination on your domain name that will bring with it traffic and revenue.

Like I said earlier, a House Flipper wouldn’t buy a long-pending to-be-sold house and try to sell it without completely transforming the house inside and out so that it is attractive to buyers.

A Domain Flipper should have a good investment insight and if possible, also have a good team that can provide the skills necessary to grow your investment. When finished your domain should be a brand-new entity, and an asset that will pay itself back better.

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Why a “Not So Good” Domain Name Can Shut your Business Before its Started

Why a Bad Domain Name Can Shut your Business

None of us would ever buy a bad domain name willingly, but quite a lot of companies and individuals new to the Web are unaware of why some names are worse than others. Many have sadly learned that if you choose poorly your dreams for online business success can be over before they’ve begun. So what is a bad domain name, and how can you avoid getting trapped into buying one.

Few Tips for choosing the right Domain Names for your Domain Name Portfolio:

1. Long and confusing domain names like: www.thecheapestsellingwebcams.com

These kind of domain names are:

– not easy to remember,

– can be easily mis-spelled, and

– are a pain to communicate over the phone.

But on the other hand, if your organization name is long and a little confusing, means you have a genuine problem – I would say your problems would rather double with such domain name!

2. Domain names with hyphens like: www.the-cheapest-web-cam-store.com

It is tough to remember and communicate a domain name with hyphens and other forms of punctuation, not to mention you can’t really make it your logo or brand.

Yes, URL Shortener sites are all the rage, but people get lazy after a while and stop bookmarking. Chances of correctly typing in a bad domain name like this one purely from memory is less than none.

You will never live names like these down, so it is worthwhile to give all aspects of a name a good, long thought before registering it.

3. Scammed Re-Registered domain names: Much as you would like to think that there is nobody out there to scam you on your domain name, this is actually quite far from the truth.

Monitoring of traffic screenshots and mis-representing revenue earned on the site or resources required to run it are common ways of persuading you not only to buy a domain name, but to buy it at an inflated price. When buying a premium domain name make sure you do your research.

Here are the reasons why bad domain names are bad news for your website:

1) Having a bad domain name is one way of declaring to the world that you Missed your Desired domain name, and could not do any better. Definitely not good for a first impression.

2) Bad domain names mean a lot of Business Lost due to Mistypes and Misspellings.

3) A bad domain name is usually Not Brandable, which means you would have difficulty promoting your website offline.

If you do a lot of research on your business and how it should be portrayed online, think long and hard before registering or purchasing a domain name. It should tell people what you are all about, but also be easy to remember and brandable.