slbailey said:
I go to the GoDaddy aftermarket page and I find a domain that's selling for $5 (plus reg. fee) called MiamiWeddingFlorist.com -- I google miami wedding florist and find 10-15 people who could benefit from that name. I send each of them a personalized email telling them that I have this domain name available and if they're interested in buying it to contact me? Do I list a price in the email or do I make them establish the price first?
Once that's done, what's the flow? Do I have them get a godaddy account and I transfer it to that?
Email them a price between $150 to $300 US no more!
- inform them, the domain is transferable for free to them, using godaddy.com - and that it takes seconds to make the transfer.
- no they will create their own account!
BizBot said:
24HourDomainer - Do you park or develop your domain names? What are your views on this?
I only park domains that have very little value, Why? Because, I could face a lawyer who would claim that my method of parking a domain is in bad faith! Meaning, any domain you park in todays market, could be taken away from you! I had a lame lawyer try to use the parking system to steal my domain name, since the domain was not worth much, i did not care about his threat! Since then, I direct my best domains to my developed websites. Keeping me out of bad faith sector.
Developing is my only option, but its expensive! Simple 5-10 page sites, or open source php scripts can be used to develop sites, but it does not do the job! I know this, since I have spend over 20K in investments in mini sites and has taken me no where! The ultimate pay out is in Community based services! Meaning, you develop a site to deliver a product or service to a community that has very little or no competition. To compete with the big boys is very expensive, cause they can out bid you in advertising!
To make money, you need to spend 60-75% of your budget on marketing!