Domaining Six Month 2011 Update
Amidst all the cynical backbiting taking place over the three amigos kicked from Oversee.net, I have yet to hear the logic behind Monte Cahn leaving. Is this company as much of a mess as it sounds like? I can’t quite track the convoluted history of these Internet based companies. Some of the comment show some bad blood between not only domainers in general and Oversee.net, but to those individuals in particular. Were these cost cutting measures or disciplinary measures against specific individuals?
This could make sense in the long run. I find it hard to believe any above-the-line talent in a high profile domaining company needs to be let go in such a public manner unless there is an underlying reason for having made them redundant that will be made clear in the fullness of time. Gee it’s hard to believe parking didn’t work out to be a money printing machine, right?
I still take issue with internet companies so bloated with infrastructure they can’t do more that publish parking programs and weave together parking networks. That’s just not a full days’ work for any domainer, in this domain owner’s humble opinion.
The news of these job cuts has alerted domainers to the money machine that parking is built on. Affiliate programs are always only as good as their bank balance.
At the same time naysayers are shuttering offices at Oversee.net, five figure domains sales are still taking place on public worldwide auction platform. That three of the big recent sales were .co name is serious food for domaining thought. Apple buying icloud.com for $4.5 million is the kind of sale may keyword domain buyers dream of. (What took them so long?)
Some marquee six figure sales broke profitably as well. That’s a dichotomy that should speak loudly to any domainer. The parking companies are going broke but the buyers market for big dollar domains is a blown out as ever.
eNom Expired Domain Name Software. Snap Expired Domain Names the Second They become Available for Registration.
That Amazon.com is buying single consonant domain names shows that a program of investment in domain names is still happening among large to global sized corporations. This complements the small to medium sized business purchase of a brand name or entity name to support online marketing and brand promotion.
Tap your feet three times if you “get it”. As reporters and broad stream media become more conversant in the domain name game, the open market for first time domain buyers and resales will sharpen. The recent appearance of the “Get Rich Click” author on the View reflects how this is done. It’s hard to believe the domain model for online marketing and resale profit, as well as affiliate sales derivation is still a mystery to anyone, but evidently this is so.
For domainers thinking strategically, this puts them at the middle of the demand market, behind the huge portfolio holders but ahead of the newbs with B2B needs for domains as yet to be determined. Any domainer can leverage existing domains into a worth position by multiplying their investment using coupon codes, the most recent of which was the Godaddy.com Indy car event code.
The B2B and side business potential of a domain name career continues to grow. I am surprised nobody has built a domain name shop franchise for the all the hue and cry that startups have in the world today. Today the Internet market for affiliate earnings is more suited to specialized end users, specialist webmasters, and niche authors than ever.
For the right name the right customer is out there. Do the math: if you buy three domains a year at $1.29, and spend about $50 hosting them all, that’s a potential of $100 profit if even one of those websites sells intact with the name. On that formula, selling the right customer the right name should be simple. All they have to do is add content, link liberally to their social networking groups, and blend on low speed.


