Buying/Selling - Is it Time to Quit Domaining?

Seabass said:

Yea.....I agree the economy is very resilient.

It's just the Dollar I worry about.....print, print, print. I read that there is now 30% more Dollars in circulation than a year ago.

.

Click to expand...

The dollar will fall in value even faster than it has these past few years, it will be a new reality the other side of this financial firestorm, for sure.
But the 'business of business' will carry on regardless and domain name values will eventually also strengthen again. Sometimes we forget how young the internet and the whole online world is.

The domain market

We have the motor that needs little or no energy to convert.


Our domains are valuable and more so if the right people want them, the end users. The end users are seeing their brick and mortor stores slowly crumble. Larger Corporations are all laying off. Trillions of dollars are parked out of the stock market. The trouble is all this money sitting on the sidelines is waiting for a brighter day to invest. That could be domainers money.

We missed the boat, investors have no idea about our business. If they did we would be selling them the best value for spending cash now and in the future.. end user domains. Its just not happening. We won't get that money either without the commitment.

We need to be mainstream to get mainstream attention.


Our industry should be connecting with companies in a bigger way. I know much has been accomplished to date especially the domain interviews from domain leaders profiled by the news media. That is a start, a slow one step start.

The slant toward creating campaigns is a big endeavor. Domainers can't do this. This is the job for those who market our domains. The auction house has only a certain amount of resources. Where they direct their energy is where domains get sold.

goodkarmaco said:

We missed the boat, investors have no idea about our business. If they did we would be selling them the best value for spending cash now and in the future.. end user domains. Its just not happening. We won't get that money either without the commitment.

We need to be mainstream to get mainstream attention.


Our industry should be connecting with companies in a bigger way. I know much has been accomplished to date especially the domain interviews from domain leaders profiled by the news media. That is a start, a slow one step start.

Click to expand...

You are so right, it would be great if we had a proper commercial/trade body representing our interests, every domainer could sign up for say $15 yearly subscription and get accredited, there would be a code of conduct, guidelines etc etc. "The Association of Internet Professionals" or something like that !

Bingo is fun!

That may be a good idea but it is not what I meant. The way I see to reduce the millions and millions of domains for sale in auction houses is if auction houses had traffic coming into their site.

The only way to get that business traffic is to advertise in places like the Wall St Journal and other business magazines. Then build out a online auction platform connecting Americas small and large business owners with domains that directly relate to the business owner's products or services.

Bingo, a business person who saw an ad for a auction in the WSJ that spoke to their enterprize is now landed onto the auction platform and we domainers start seeing our names selling like hotcakes.

I have tried to sell quite a few quite good names on domain forums over the last few months and I have had only a small number sold, most I have just let expire. I think a good solid .com will still attract some interest though!

Does anyone have any good opinion regarding the new .TEL extention?

goodkarmaco said:

There will be an Obama bounce effect for three or four months, where most people will be liulled into thinking the economy is improving and WAll ST rallies again for a short while.

That time frame will see new domain sales. So if you are thinking of selling you may want to sell into that rally.

Then the shit really hits the fan.

Click to expand...

I'm dev'ing my names ... and I do not think the shit will hit the fan - the fan has melted down.

I'm an Obama supporter ... because he's a WE supported

:kickass:

tight-aggressive said:

We have to remember...

Our domain names are one of a kind!

totally unique...

unlike the counterfeit cotton fiat paper money the privately owned federal reserve continues to print by the truckloads....

Click to expand...

Exactly

neobodhi said:

This is a buyers market and will be for sometime imho. The economy is not going to recover anytime soon. I think for the next few years and maybe beyond, the smart domainer will hold and look for buying opportunities.

Click to expand...

Totally agree with you - the quality of dropping names WOW!

SDX said:

Does anyone have any good opinion regarding the new .TEL extention?

Click to expand...

:imho: Keywords and Geos will fare well.

I think other crap will be a flop.

-G

Galel said:

:imho: Keywords and Geos will fare well.

I think other crap will be a flop.

-G

Click to expand...

Indeed. I think we have yet to realise just what a great opportunity .tel is. It's easily bashed because it's so simple and different to any other tld, but this is teh point of difference that will ensure it's success long term. It's a very practical tld. Id rather put my bets on .tel than other new web based domains that will be coming along this year, but I think even many of these will be reasonable investments a long way down the track as the internet reaches mass use and appeal worldwide. We are in a great position right now, almost as good as the mid 90s IMHO to get some great domains for the future. Just wish I was into computing back in the mid 90's, I'd be thinking ahead like Im trying to do right now...better late than never. :hearts: