What Kind of Domain Name Buyer Are You?
Cheap Domain Names For Sale, Cheaps Domains, Domain Name Buying, Domain Name Hijacking, Domain Name Selection, Domain Name Selling, Domain Names For Sale, Domain Names For WordPress, Expired Domain Names, Flipping a Blog
What kind of domain name buyer are you? How many domain names do you own that are actually up and running live with a web site? Domain names are cheap, average cost around $10, how is it possible for you to lose money in the business of buying when the initial investment is so low? Only $10 per domain per year is needed to draw even? Are you losing money by owning domain names or are you making money?
Also see: How Do Sell Low To Mid Value Domains.
Products: Why Park Domain Parking Software
Aaron Kuroiwa from FlipSquare blog recently published an article titled, 5 Domain Buying Mistakes, that basically recaps his domain name buying experience over the last year. In the article, he put together a very decent reference that will help others not only learn from his mistakes, as he puts it, but also learn some really greats tips in the business of buying domain names.
What kind of domain buyer are you? Aaron broke this down into five categories:
Big Fish. Which is I call, The Man. The person with big money and big domain names such as GarryConn.com… joking, such as Pepsi.com or Coke.com
Speculator - Which is somewhat what I could consider myself. Aaron states that a speculator is an individual who basically trolls around and discovers untapped niche markets and then captures domain names within that market.
Flipper - I just love that word. Something has been in the air recently because today it’s all about flipping houses and flipping domain names. I have an article pulling up #1 in Google for keyword phrase, “Flipping Domain Scam,” the article received close to 100 comments. I am not much into flipping domain names.
Parker - In my opinion, this is absolutely worthless. A Parker is an individual who purchases domain names, either established or not, and put them on a park page that shares advertisement earners. These don’t work because search engines are quick to recognize the domain in a park page status and the name gets dropped from the index.
SEOmainer - Once again, just like Speculator, I believe that I fall into this category. The SEOmainer is an individual who purchases domain names that are packed rich in keywords such as my domain name www.airbusaircraftsales.com or www.beech-aircraft.com
Regardless of which kind of domain name buyer you are, one thing that Aaron touched on is really true. You shouldn’t invest into low quality domain names. Domain names with numbers on the end, domain names with a high character count, and domain names that use misspelled words such as tablez rather than tables, things like that are all pretty bad.
I have had my share of moments with purchasing domain names. Many times, late at night I’ll register a domain name all to wake up the next morning and ask myself, “Garry, what the hell were you thinking?” Needless to say, over the last 10 years of buying domain names, I have allowed quite a few to drop off my list.
So what kind of domain name buyer are you? Are you a sensible individual, or have you also had some “errors in judgement” in the domain name purchasing department? 
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49 Comments! Join The Discussion by Leaving Your Comment.
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Date/Time: 5-28-2008 14:41:28 Comment #14623
Quick test to see if readers can subscribe to comments.
Date/Time: 5-28-2008 14:44:30 Comment #14624
Testing Comments #2
Date/Time: 5-28-2008 14:46:45 Comment #14626
FYI I have two buttons for readers to subscribe to comments via email. It doesn’t matter which one you click, they both work fine. Someone reported to me that they weren’t able to subscribe to the comments. Anyone have any feedback for me on that?
Date/Time: 5-28-2008 14:48:07 Comment #14627
I’m not much of a domain connoisseur, but if I had to fall into a category I guess I’d be SEO Maintainer. I am surprised to see that you don’t have a Lazy category. I would fall into that category for the domains that I buy and never do any thing with. Its a case of too ambitious developer syndrome.
Late night dates with domain registrants can be fatal, you should be careful!
Date/Time: 5-28-2008 14:54:05 Comment #14630
Consider the lazy category added, if anyone else is a lazy dot Com buyer, reply to this thread and rejoice with other lazy CONNoisseurs.
I got hit up with a pretty hard renewal to digest a few months ago and from there I got very motivated to follow through and get more of my domain names launched. It doesn’t take much to make $10 bucks off a domain name per year and even do, it doesn’t take much more time or effort to make $50. If you got 250 domains making $50 / year you’re looking at $12,500 for nothing (minus) the $10 / domain per year = $10,000 dollars.
Date/Time: 5-28-2008 14:48:47 Comment #14628
I see two buttons, lets see if I get two e-mails notifying me of your next comment.
Date/Time: 5-28-2008 14:54:38 Comment #14631
Cool… thanks for letting me know when the next comment comes thru.
Date/Time: 5-28-2008 14:53:53 Comment #14629
Apart the reason that you’re always creative and ahead of everybody ;-), why do you have TWO chekboxes for subscribing to comments followups ?
Date/Time: 5-28-2008 14:56:49 Comment #14632
LOL… For the folks who come here half drunk with double vision… perhaps that will allow them to fuse the two as one again.
Joking… to answer the Q I am not sure.. this is a Mod called Brian’s Threaded Comments. I used to use it last year, but was really buggy. Improvements have been made, but its still a freaking hack job.
I would love it if the official WordPress team would code something nice and include it in their next update or so. Threaded comments are a must for WordPress blogs.
Date/Time: 5-28-2008 15:05:13 Comment #14634
Cool, I didn’t get two copies of the e-mails notifying me of the comments. Just 1 for each comment.
Date/Time: 5-28-2008 15:12:02 Comment #14635
Good. Thanks for checking that for me. Most important part is that the subscription feature works… also good that folks aren’t getting double emails too.
Date/Time: 5-28-2008 15:26:22 Comment #14637
I’m an compulsive Seomainer and I’m trying to stop to buy domains with which I end up to do nothing for luck of time.
Anyway I’m convinced that the domain names have ZERO influence for SEO, it’s only an anchor for the memory of the reader or psychology to convince the search engine users that this is a relevant site with reputation. Nothing more.
ciao
alex
Date/Time: 5-28-2008 15:34:31 Comment #14639
David Cooley and I disagreed on that too. I still hold my ground and say that a domain name does have an effect on SEO. For sure 110% especially if the domain name / site is a new launch.
Date/Time: 5-28-2008 15:40:03 Comment #14640
Thanks for the mention Garry. I think it is really important to know who you are as an investor in order to make wise purchases that are in line with your goals and skills.
Date/Time: 5-28-2008 15:45:15 Comment #14642
Either that or one would need to have a fat wallet to compensate for their mistakes.
Great post Aaron.
Date/Time: 5-28-2008 15:42:38 Comment #14641
IMHO, of all the Seo-variables, the one that counts most is
one-way backlinks anchortext.
Take any domain name, and point to that site 200 links with all with the same keyphrase-anchortext and you’ll rank very well in G for that keyphrase.
The number of links you need to reech #1 depends only of the competition, but this technique proved me to work.
Date/Time: 5-28-2008 15:55:47 Comment #14643
Very true… but if you don’t have money to pay for links (which I don’t recommend) and you don’t have time to allow for backlinks to build naturally, then a domain name that copies the exact keyword phrase that you’re trying to market will supplement. Alex, you’re talking to a guy that has domain names that exact match keywords I have target.
For sure, I can take any domain name, (e.g. http://www.rusty-nuts-and-bolt.com) and in due time and after hard work I could get it to rank on the front page of Google for (Yellow Snowball Eater).
But that’s not the point… the point is when people launch web sites or blogs, they need to get indexed, ranked, and seen on the front page of Google for their chosen keywords. You can’t do that unless you have a ton of organic machine readable backlinks with or with out the alt text… or you get a domain name that is an exact phrase match the the primary keyword you’re wanting to market - within limitation to the level of pre-existing competition. I think you are right in one sense but mistaken in another. Domain names do influence SEO, more so when the domain name is new rather than older.
Date/Time: 5-28-2008 16:01:17 Comment #14644
IMHO, given the same amount of money, that means the same amount of backlinks, having a keyphrase-domainname doesn’t make a big difference.
I have no scientific proof in my hand, that’s only MHO.
Date/Time: 5-28-2008 16:05:07 Comment #14645
Alex,
You have downgraded from:
to….
Either you believe it does or doesn’t. You first said ZERO difference and now you’re saying doesn’t make a BIG difference… which means to me it does make a difference but just not a marginal one.
Date/Time: 5-28-2008 16:13:56 Comment #14647
The downgrade is due the fact that it’s impossible for me to provide you a scientific proof, that given two sites with the exact same numbers of backlinks, the one with the targeted domainname will perform better.
What I’m still convinced of is that If I’m unable to find the domain name with the exact keyphrase I want, I don’t despair, because the domainname is important only for the humans not for the bots (IMHO), the bots are interested in the backlinks.
Come on, if the domainname should be so important, every site would rank well only for one keyphrase…
Date/Time: 5-28-2008 16:24:28 Comment #14649
Need proof…
Four pages indexed in Google, one backlink, and #1 for exact keyword phrase. That will be the absolute last time I go out on a limb and draw adverse attention to a site that I own to prove a point. From now on, I am just going to sit back and agree, while deep inside I know the person I am agreeing with is wrong.
Date/Time: 5-28-2008 16:31:39 Comment #14651
Is this the begin of cowpetition 2.0 ? ROFL
I told you the scientific proof is impossible, it would require the same number of backlinks to the two sites and it would be necessary to fade out all other SEO-variables. I cannot think to a way to proof this and it doesn’t also matter to me to proof it.
I’m sorry that you weren’t able to convince me, I guess you’ll survive. LOL
ciao
alex
Date/Time: 5-28-2008 16:36:26 Comment #14652
No I am done with CowPetitions after this. I have had a lot of wonderful people come to me with some amazing support and advice and whether I win or lose this competition, I have some huge tricks up my sleeve that will surpass what I currently do in a matter of a few months.
The days of me being the Google AdSense guy are very limited.
Between us Alex, it doesn’t really matter who is right or wrong… you do your thing and it works for you, right?
I know for a fact, that doing what I do, works for me… and very well. So, if you’re happy with your strategy, I know that I am happy with mine.
I am not here to convince anyone of anything. I post what I know and what works for me, either people follow my advice and make money doing it, or they follow someone else’s. One thing that remains the same, for the last year, I have had a shit eating grin on my face when I head to the bank. LOL as seen in my avatar.
Date/Time: 5-28-2008 16:47:01 Comment #14653
No I am done with CowPetitions after this. I have had a lot of wonderful people come to me with some amazing support and advice and whether I win or lose this competition, I have some huge tricks up my sleeve that will surpass what I currently do in a matter of a few months.
Will you continue to share this with us normal mortal beings ?
The days of me being the Google AdSense guy are very limited.
Which is the future ?
I’m still playing around with Adsense cents…
BTW I just looked at a couple of your airplanesites. It looks like you’ve set up a personal linkexchange-network with your own airplanesites, have you been able to build up a lot of links on this way ?
Has it been worth the time and the money ?
Have you used any automated system (aka software) to manage multiple blogs once ?
ciao
alex
Date/Time: 5-28-2008 17:03:07 Comment #14654
What does that mean? To me that implies that you feel I am above and beyond everyone else. That is far from true. I live in Tennessee, drive a worn out 2001 Dodge Caravan that I use to haul my kids around town (free taxi service LOL) and I am extremely tight with my money.
I see a future in SEM coupled list building for the purpose of product marketing.
I do some cross promoting between blogs. I’d not have the time to effectively study whether that has been effective. The whole root of this conversation is about ranking for backlinks compared to not. I don’t focus on backlinks, never really have. I focus on domain name selection coupled with tactical article publication and hit up the long tail. Backlinks are a bonus.
I really limit the amount of money invested in to my sites. Time is another story. As you know, I am keen on Micro Niche Finder, but recently I have started to invest into other programs as well.
No. I have build a spread sheet using Google Docs that allows me a visual reference for maintaining my sites. All my content is custom written and unique.
Date/Time: 5-28-2008 17:18:52 Comment #14656
What does that mean?
What i wanted to say is: you’re a professional blogger and earn 4 figures at month, I’m almost a beginner and earn still 3 figures from blogging in my sparetime. Facts proof that you have more success. That’s all.
ciao
alexander
Date/Time: 5-28-2008 17:43:21 Comment #14657
I think regardless of the amount of money made, success is not in what you make but how far you see to it that you hit personal goals. I like your blog and really like you an an individual. I don’t consider myself to be any better than anyone else. I have many faults.
Date/Time: 5-28-2008 20:03:43 Comment #14658
I’m hoping to be a speculator and SEOmainer. This is my first attempt at going out on my own. As to the domain name, for low competition keywords it works great. But for high competition, it is all in the links.
Using Micro Niche Finder helps you find the lower competition words where you can make decent income from focusing in on a lot of those phrases. Of course a low competition phrase can become a high competition phrase. So it will also be important to begin to get backlinks for those sites. Articles and blog comments can be a great way to begin to build the backlinks. Competitions appear to be another way. :$)