| Senior Member Name: Sand & Ice Seller Location: Michigan Join Date: Feb 2008
Posts: 1,283
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| Let me start off part 2 but just reiterating that I am a noob, not an expert in the
art of domain selling and buying, so this is just my point of view, some may be right,
some may be wrong, remember, this is just a guideline I follow.
Lets move on and cover the basics that surround the whole "Which domains do I sell or buy?
Now before I continue on this path, I'd like to apologize up front if I actually
mention a domain name thats owned by anyone here, I'm just using it as a reference.
To be honest, it's all about trends for the most part, from the LLLL.com (noob
translation is Letter Letter Letter Letter.com) to the .asia frenzy (which means that
a new URL extenstion came out just a while ago). Who or what determines the trend?
Easy, supply and demand. It's us the domain resellers that determine that. How? you
ask yourself. This is how. If I own MLBF.com (which I do right now at the time of this
posting) and you own MLBF.net, chances are that the .com version will sell for a much
higher price BUT there is also a better chance that your .net will sell faster. The
reason behind that is simple. The .nets' cost less and therefore is much more
affordable to anyone looking for a short domain name whereas the .com will sell for
anywhere between 500% and infinity higher and is most part financially unobtainable..
Why is the .com more?, because it comes back to trends. The trend right now is that
the .com is higher than the .nets BUT saying that, alot of people , including end
users, are realizing that it doesn't matter if you have a .net or .com, as long as its
functional. Now that statement will probably cause arguments all day long but in
reality, its true JUST for ther end user. It is down to us, the domain reseller to
make a point to the end-user that the .com is worth more.
Ok, you say the .com is worth more, why? Because the end user will recognize a .com
more than they do a .net. Going forward about 5-7 years, you might see a flip flop
where end users don't give a rip if their domain extension ends in .idiot because
the end-user is getting more educated in the way domains are apparent to THEIR customers.
Lets move just to another extension and we'll see another quick example.
The difference between a .com .org and .biz.
A .com can be used for anything right? Well, technically yes BUT look at this and
decide what you would choose as an end-user, NOT a reseller:
Shopworkers.com or Shopworkers.org? which one? Well, if you chose both, you are right
BUT the chances are the .org would sell faster and be more marketable because the .org
denotes ORGANIZATION, so having Shopworkers.org makes more sense than the .com
version.
Ok, 1 more, Brick.com or Brick.biz, again, both are excellent for this industry
because .biz stands for BUSINESS so which one would you chose? If you as an end user
chose Brick.biz, then that is because you see the .biz denoting that you are in the
brick business, of course affordablility creeps into this one because the .com would
be way higher in resale value than the .biz. Confusing? of course it is, domain buying
and selling is a science of which we must become students of.
If we are not prepared to become students of this art, then we will flunk our class
and be forced to keep repeating the same class over and over and over again.
There are hundreds of domain extensions and I'm not going to cover each one but you
get the general idea. If you buy domains, find the right domain name for the right extension, thats all I'm saying.
Part 3 to follow....
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