2008: The Year of Opportunity

[-REECE-]

2008: The year when new domainers will look away from the "type-in traffic only, domain names should be no longer than X characters, no hyphens, no numbers, etc" stereotypes of the past.




Sitting on a profit which appears to be about 50k greenbacks on my LLLL.com investment... I ask myself.. Who are these noobs guys that really think LLLL.coms, L-L-L.coms, etc are going to flop? And... I wonder how many of them have made 50k in their entire domaining careers, nevermind making it over the last 4 months doing this part-time.

No endusers for LLLL.coms? How about $1 per enduser I find? Somehow I think your bank balance will be depleted by the end of this :D

Biggest thing to succeed in 2008... Short Dotcoms.

LL.com, LLL.com, LLLL.com, L-LL.com, LL-L.com, L-L-L.coms, even good 5L and 6L.coms...

I can give you real endusers from all of those...

I always think in terms of ROI. The outlook of a good (I'll also hesitate to call it premium) L-LL.com may not return as much dollar-wise as a premium LLLL.com, but with a cost base of $7 versus $200-$2000, which one is more likely to go up 500% over the next year ($42 [renewal adjusted] versus $1000-$12000)?

If you think about things that way... In hindsight, didn't a small investment in all of these make sense if you could have gotten the best quality names early on?

As the world transitions towards being a more and more connected but disconnected (without wires) one, one which demands 24/7 internet access whenever, whereever, across both devices and platforms, one must ask themselves What does the future demands of domain names?

IMHO, the future demands short, brandable names that are easy to remember. All of the categories I've mentioned above satisfy that hypothesis - some perhaps better than others, but nevertheless, they'll all be winners IMHO (i.e. make their respective owners a profit provided the money was intelligently in the extension, which may no longer necessarily be possible).

FI-W.com sounds like a pretty bad name? I means it has a barely premium (and lately calling anything premium is "so not cool" ) F and a W ?!? And look who owns it...

There are opportunities everywhere, they just need to be found. And so 2008 is fittingly named... The Year of Opportunity.

 

[Fka200]

I don't have many LLLL.com, probably 20-30, but I do agree with you. 2008 is going to be a VERY interesting year.

 

[italiandragon]

2008: The year when new domainers will look away from the "type-in traffic only, domain names should be no longer than X characters, no hyphens, no numbers, etc" stereotypes of the past.




Sitting on a profit which appears to be about 50k greenbacks on my LLLL.com investment... I ask myself.. Who are these noobs guys that really think LLLL.coms, L-L-L.coms, etc are going to flop? And... I wonder how many of them have made 50k in their entire domaining careers, nevermind making it over the last 4 months doing this part-time.

No endusers for LLLL.coms? How about $1 per enduser I find? Somehow I think your bank balance will be depleted by the end of this :D

Biggest thing to succeed in 2008... Short Dotcoms.

LL.com, LLL.com, LLLL.com, L-LL.com, LL-L.com, L-L-L.coms, even good 5L and 6L.coms...

I can give you real endusers from all of those...

I always think in terms of ROI. The outlook of a good (I'll also hesitate to call it premium) L-LL.com may not return as much dollar-wise as a premium LLLL.com, but with a cost base of $7 versus $200-$2000, which one is more likely to go up 500% over the next year ($42 [renewal adjusted] versus $1000-$12000)?

If you think about things that way... In hindsight, didn't a small investment in all of these make sense if you could have gotten the best quality names early on?

As the world transitions towards being a more and more connected but disconnected (without wires) one, one which demands 24/7 internet access whenever, whereever, across both devices and platforms, one must ask themselves What does the future demands of domain names?

IMHO, the future demands short, brandable names that are easy to remember. All of the categories I've mentioned above satisfy that hypothesis - some perhaps better than others, but nevertheless, they'll all be winners IMHO (i.e. make their respective owners a profit provided the money was intelligently in the extension, which may no longer necessarily be possible).

FI-W.com sounds like a pretty bad name? I means it has a barely premium (and lately calling anything premium is "so not cool" ) F and a W ?!? And look who owns it...

There are opportunities everywhere, they just need to be found. And so 2008 is fittingly named... The Year of Opportunity.

Merry Christmas!!! LOL :hehe:

 

[Michelle]

Ive a very positive feeling about 2008 :tu:

 

[Pred]

2008: The year when new domainers will look away from the "type-in traffic only, domain names should be no longer than X characters, no hyphens, no numbers, etc" stereotypes of the past.




Sitting on a profit which appears to be about 50k greenbacks on my LLLL.com investment... I ask myself.. Who are these noobs guys that really think LLLL.coms, L-L-L.coms, etc are going to flop? And... I wonder how many of them have made 50k in their entire domaining careers, nevermind making it over the last 4 months doing this part-time.

No endusers for LLLL.coms? How about $1 per enduser I find? Somehow I think your bank balance will be depleted by the end of this :D

Biggest thing to succeed in 2008... Short Dotcoms.

LL.com, LLL.com, LLLL.com, L-LL.com, LL-L.com, L-L-L.coms, even good 5L and 6L.coms...

I can give you real endusers from all of those...

I always think in terms of ROI. The outlook of a good (I'll also hesitate to call it premium) L-LL.com may not return as much dollar-wise as a premium LLLL.com, but with a cost base of $7 versus $200-$2000, which one is more likely to go up 500% over the next year ($42 [renewal adjusted] versus $1000-$12000)?

If you think about things that way... In hindsight, didn't a small investment in all of these make sense if you could have gotten the best quality names early on?

As the world transitions towards being a more and more connected but disconnected (without wires) one, one which demands 24/7 internet access whenever, whereever, across both devices and platforms, one must ask themselves What does the future demands of domain names?

IMHO, the future demands short, brandable names that are easy to remember. All of the categories I've mentioned above satisfy that hypothesis - some perhaps better than others, but nevertheless, they'll all be winners IMHO (i.e. make their respective owners a profit provided the money was intelligently in the extension, which may no longer necessarily be possible).

FI-W.com sounds like a pretty bad name? I means it has a barely premium (and lately calling anything premium is "so not cool" ) F and a W ?!? And look who owns it...

There are opportunities everywhere, they just need to be found. And so 2008 is fittingly named... The Year of Opportunity.

:sold:

I agree. 2008 will be BIG for .com again :hehe: AND for .mobi too :imho:

You are right though . Short .coms :sold:

 

[DNK.it]

[...]There are opportunities everywhere, they just need to be found. And so 2008 is fittingly named... The Year of Opportunity.

Yes opportunities are everywhere, but you need to be smart to found it.
Great post as always

 

[networkmsia]

I love the sound of this thread, Lets spread more positive energy around here.

wooohooo 2008 will be our best year so far.

 

[italiandragon]

I think we had already discussed this?

http://www.namepros.com/domain-name-discussion/396969-why-short-domains-will-keep-rising.html

Oh well....let`d do it again

 

[-REECE-]

I've had better luck in the stock market going "with my gut" (which apparently isn't usually such a good idea according to a recent exchange between clowesy and filter ) than I've ever had trusting "experts", using "stock market tools", ...

To me, Google at IPO made sense... I watched them talk about it on TV and how it should have been $80 or $90 and how they thought Google was overpriced at $100+... Who wouldn't like a little piece of Google @ $100 today?

Or Apple as they transitioned to Intel... Wouldn't that automatically make them more desirable as they could now be used by corporations around the world (surely there wasn't enough geeks saying Wintel is bad to stop this one)?

Another no-brainer..

Now, we all look into the future and see a mobile internet... One where Ebay, Facebook, Google, and yes, Namepros, are in everyone's pockets.

Now, I ask of you... Has there ever been a safer bet than betting on the success of short domain names in light of the mobile web which will be heading our way soon (some would say it has already started)?

If you have the money... Hedge your bet. Put a little in unpronounceable LLLL.coms, a little in CVCV's, a bit in LLL.coms and L-L-L.coms, etc.

An entire domain name portfolio consisting of names 6 characters or less is no longer a big risk, but rather, a big opportunity. You're hardly even exposed to market fluctuations if you diversify your portfolio with LLL.coms and CVCV's...

As short dotcoms continue to appreciate in value, it will no doubt have a ripple effect on other extensions. Thinking of adding an LLL.net or LLL.org to your collection? Now's an excellent time. These are also good ways for smaller domainers to hedge the risks they may be taking in short domain names.

One thing that's baffled me for a long time has been how few .mobi investors who claim to be "enlightened about the coming of the mobile web" have actually invested in short domain names in alternative extensions. Yet, this is exactly what is preached in the .mobi forum: "NNN.mobis and LLL.mobis are a good buy because they're short, easy to type, and easy to remember." What about that NNN.com? That LLL.com?

Are short .coms, .nets, and .orgs (and here I mean short = < 4 letters/numbers ; not characters) not an excellent hedge for both .mobi investors and forward thinkers?

I wouldn't even call thinking about the mobile web and planning for it "future thinking", I'd liken it to common cents [sic]. There's money to be made selling mobile internet subscriptions and you can bet those carriers will do everything in their power to make the mobile web as enjoyable as the Internet you know today...

With that in mind and knowing that typos on cell phones (especially the iPhone and phones without qwerty-based keyboards) are far more common than on desktops or laptops, what company isn't going to want a short name?

It looks like the future holds alot of opportunity for another domaining sector that I'm not particularly fond of as well...

 

[domainer50]

Im excited. However I will once again say and make clear that although the name could not flop. I do not think that it will continually go up in value. That is all I will say

 

[jacal1]

Who are these noobs guys that really think LLLL.coms, L-L-L.coms, etc are going to flop? And... I wonder how many of them have made 50k in their entire domaining careers

Reece, I'm a fan , but surprised by this. There is a tremendous negativity toward anyone who dares say anything negative about LLLL.coms. I don't think there is an open dialogue at NPs about this, and that's sad in some ways.

I think that its extremely rare that a domainer clears 150K (annual) profit from their sales in part time work until they've been doing this a while and/or unless they bought in early. Giving the impression that you can reach sales that get you to clear 50K profit after expenses in 4 months could promote over-registering and false hopes. You must have had very good names and a great business plan. If you look at the appraisal and sales sections it looks like many have an inlfated view of their domains' worth and the chances they'll sell.

You are obviously a success, and information about the larger sales you had that got you to that profit level would be helpful.

Again, I am a fan of your thoughtfulness and dedication around here, and surprised by this post.

 

[Ross]

I like .mobi and think its a cool IDEA, but in all reality does it really matter what the extension is with todays phones. Take my sidekick for instance i have been able to browse the web in its full glory for years. I can look at namepros.com with no problem what so ever i can even get pop ups. I think the only advantage that .mobi brings to the table is the extension itself, it is associated with mobile which means that whatever .mobi site you go to on your mobile phone or device will be a cut down version of a website making it a faster load. That is the only advantage i see in the extension.

Also stated in another thread, companies like google detected when you are mobile and they redirect you to a mobile version of their site regaurdless if you were typing google.mobi or whatever.

In think that .mobi will stay alive but at a limited pace considering the technology that is being produced in the world, i.e. sidekicks, blackberrys, treos, iphones, ect.

So think twice before buying your .mobis and look into the world about where the USA is compared to the rest of the Technologically advanced countries out there i.e. japan. The united states hasnt even seen some of the stuff those japanese phones and mobile devices can do.

Sorry but thats what i think. I am prolly wrong about all this, but whatever.

 

[-REECE-]

Hi Jacal

For starters, I've been at it 8 years, so, I guess you could say I've been at it awhile

I didn't buy in early -- I rarely do. Buying in early is often done by newbies and often fails. I prefer to wait until a market is relatively established.

When I buy in, I buy in big. I hedge my bets and usually put $1k-$10k in the bets I place, rarely less, rarely more.

Despite selling many LLLL.coms, I'm still sitting on 1600+ at pretty much any given time, with about 1000 other names in other extensions or of different flavours.

Size does matter. I only have to sell each of my LLLL.coms for $66 (have sold some for as high as $100 already) to make $100k profit here... In contrast, someone with 160 names would have to sell each name for $660 per -- highly unrealistic anytime soon and overly ambitious for even someone with quad premiums for the time being. And if that same guy was happy to sell his LLLL.coms for $66 like I might, he'd only net $16k... Still worth it for a few months work, but not exactly "get rich quick" material.

A healthy dose of reality​

You're not going to get rich off domaining today if you don't come in with at least $10,000. You might make some money, maybe even a decent amount, but if you end up making $100k+ out of < $10k, you'd be part of that 5% anomaly that statisticians discount.

My price guide is up on LLLL.com prices and as one can see, as nice as most of the returns are, most aren't exactly going to get you rich unless you put in a whole whack of cash.

Same goes for LLL.coms, CVCV's, revenue producing names, etc. It takes money to make money. If you have no money, perhaps you're better off brokering names for someone (I might have a few openings come January), developing names, getting a real life job, ...

I know you knew most/all of that, but maybe that'll help a new domainer out there... I try and always refer to LLLL.coms as an investment... That's what they are. Investments rarely make you rich and if you get rich off them, it's probably because you were fairly rich to start off with, or held them for several years and allowed them time to grow in value.

Reece, I'm a fan , but surprised by this. There is a tremendous negativity toward anyone who dares say anything negative about LLLL.coms. I don't think there is an open dialogue at NPs about this, and that's sad in some ways.

I think that its extremely rare that a domainer clears 150K (annual) profit from their sales in part time work until they've been doing this a while and/or unless they bought in early. Giving the impression that you can reach sales that get you to clear 50K profit after expenses in 4 months could promote over-registering and false hopes. You must have had very good names and a great business plan. If you look at the appraisal and sales sections it looks like many have an inlfated view of their domains' worth and the chances they'll sell.

You are obviously a success, and information about the larger sales you had that got you to that profit level would be helpful.

Again, I am a fan of your thoughtfulness and dedication around here, and surprised by this post.

 

[jacal1]

A healthy dose of reality​

You're not going to get rich off domaining today if you don't come in with at least $10,000.[/U]

Now that is solid advice! You and Spade are so clear with folks around here that thinking that:

a. hand registrations only

or

b. thinking you can turn a tiny bit of money into a ton

are horrible business plans. I hope people take that advice.

Thanks again from sharing...people can learn a lot from you and several others around here.

 

[Michael]

Great posts Reece, rep is on the way

Edit: apparantely I rep you too much... lol

 

[-REECE-]

It's the thought that counts, thanks mate

And.. I see you've made a lovely meso site :tu:

Great posts Reece, rep is on the way

Edit: apparantely I rep you too much... lol

 

[StoneRoses]

I thought your post was an excellent read Reece, rep added.

Here's to 2008! whichever domain path you all choose

 

[-REECE-]

It's very unfortunate, yes.

"Get rich quick" yields over 2 million Google results with maxed out sponsors...

"get rich fast" yields 141 Wordtracker... "get rich quick" yields 128... "how to get rich" yields 112... And plain old "get rich" yields 102.

They'd each make a hell of a good domain name... It's just unfortunate that it happens to be based on faulty logic.

The average millionaire in Canada is around 55 years old, depending on which source you trust... What makes 15 year olds, 20 year olds, etc think they can somehow warp the space-time continuum and get rich 3+ decades younger is anyone's guess, but it doesn't measure up to reality...

Now that is solid advice! You and Spade are so clear with folks around here that thinking that:

a. hand registrations only

or

b. thinking you can turn a tiny bit of money into a ton

are horrible business plans. I hope people take that advice.

Thanks again from sharing...people can learn a lot from you and several others around here.

I thought your post was an excellent read Reece, rep added.

Here's to 2008! whichever domain path you all choose

Thanks mate

 

[dnk]

I agree you have to wait. Earlier I did not think my domains had much value, these days buyers contact me regularly (after holding for 10-12 months).

 

[Nsane Domain]

As always, Reece tells it like it is.


2008 opportunity----> Short domains-->shorter domains-->shortest domains !!!


Closing out 2007 I would like to thank Reece and the many others that offer their opinions in an open and deliberate manner. I have learned very much here at Namepros in the last 9 months and actually eked out a small profit in that time. look forward to great opportunity in 2008.

#1 Lesson learned (Just like my Pop always said)----> If you are going to do it, do it RIGHT (Find your niche and be committed)!

Wishing all a prosperous 2008 and if you get any hot tips let me know!
(Thats hot tips, not hot lips, Pred )

Nsane
CaseyO'