Archive for Domaining

Renew or Drop?

// January 4th, 2009 // 1 Comment » // Domaining

It has been a while since I blogged about domaining. Ever since NameSeek was acquired by Pacific Octane I have not been doing as much reading and research as I once did, and I have not brought a domain name since June 2008.

I have a bunch of domain names that are due to expire in March and as always I have to make a decision whether I want to spend the money to renew them for another year, or let them expire. The domains that are expiring are parked and aren’t making me much money. I have earnt a few dollars here and there from them, but I don’t think it justifies keeping them.

I could develop the domains but that would mean spending money on hosting, and dedicating some time to them. Even then I don’t know how much I would make from them.

However on the other hand I think the domain names will be worth something to someone one day – just not yet. They are fairly specific domains so they will only appeal to a certain niche. I could even approach a few companies to see if they might be interested in buying them.

What to do?

DNXpert Premium Expired Domain Forum

// September 16th, 2008 // No Comments » // Domaining

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Are .NET.AU’s Worthless?

// August 19th, 2008 // 4 Comments » // Domaining

There has been a lot of discussion over the past few days over the quality of .AU domain names being listed for sale at the various .AU marketplaces. The .NET.AU extension has particularly been slated on online blogs, forums and even the aftermarkets themselves.

I tend to disagree with the comments being generated on these sites, especially in regards to the .NET.AU extensions. I believe that ALL domain names are valuable and worth something to someone, you just have to find the right buyer for it.

Obviously LLLL (letter-letter-letter-letter) domains are worth more than say LLLL-LL or whatever combination you want to put together, however that does not at all mean that the domain with the hyphen in it isn’t not worth something to someone, and should not be listed for a sale due to its type and quality.

To a domainer a domain name with a hyphen in it may not be worth anything – however not all domain names that are listed for sale are going to be brought by domainers. I think a lot of these domainers think that their entire domain portfolio is only going to be purchased by a fellow domainer.

The real and intended reason for a domain name is not for resell purposes. The purpose of a domain name is to identify that domain name with a particular company, business or brand – whether it is a .com.au or .net.au.

I have always been of the belief that a domain name is only worth what something is willing to pay for it, no matter what the extension. The domain name can be anything, with any extension and if a particular person or business finds that a particular domain name represents their need then they are a potential buyer.

Therefore I tend to think that any domain name listed for sale has the potential to be sold. It does not have to be a premium domain name, although they are worth more, that generates some interest. If a domain name identifies itself with someone’s need then it may be worth them spending some money to acquire it, whether it has a hyphen, letter, number or whatever.

The .AU marketplace is only still very young and I think these marketplaces cannot afford to be too particular in only listing domain names that have the ability to sell for the big bucks as they are only going to turn new users away from listing their names for sale.

Do you think .NET.AU names are worthless? Do you think all names have the potential of being sold?

Competition Heats Up

// July 17th, 2008 // No Comments » // Domaining

In the past few weeks alot more Australian’s are realising the potential in capitalising in on the Australian domain name market and alot more domainers and webmasters are noticed that demand is starting to increase.

Nameseek.com.au was first domain name aftermarket that offered Australian’s a place to trade their domain names. I caught on early and the site was in developing a few weeks before the policy was due to change on June 1.

In the past 7 weeks a number of other websites have come along offering a service that is pretty similar to Nameseek. I think their results have been fairly similar to Nameseek, and their marketing doesn’t seem to be any different either.

Out of the 5 or 6 websites that now exist, I only considering one of them a threat to Nameseek – and for obvious reasons I won’t mention the name of the site here, but if there are any Aussie domainers out there you will know who I am talking about.

I think this website is a bit ahead of Nameseek at the moment. Nameseek relies on users submitting their domains for sale, and users bidding on those domains. This other website came online with 1500 .au domain names, which they own.

Competition is heating up, which I knew it would. There was no way Nameseek was going to be the only website selling .AU domains, and now domain registrars are catching on and are going to start selling their expired and dropped domains. I even was approached by a fairly large Internet company asking if I would help them – due to me being out of the country it wouldn’t work for both of us.

So as competition heats up it will be interesting to see how Nameseek performs. Hits have not been affected since these new websites have come along, though I would like domains listing and more people bidding.

I am not going to let the site run itself just yet. I am looking at ways to market the site and create awareness about the .AU domain market in general. I will be looking at adding a number of features to the site over the coming weeks, so we shall see if that makes any difference.

A Must for All Domainers

// July 5th, 2008 // No Comments » // Domaining

I read the ebook “Domaining Manifesto” today written by John Motson of DNxpert.com. I would recommend this domaining ebook to anyone who is interested and serious about making money from buying and selling domain names.

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Whether you are new to domaining, or have been doing it for a while, Domaining Manifesto provides a step by step guide to successfully develop your knowledge and skills in order to make money from trading domain names.

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