question Development of domains by other members? U list, they develope

[brindle123]

Not sure if this has been done on here but here goes...
I want to put domain owners with developers. We all own domains, but not all of us know how to develop them.

What if we have a thread or section where we can list our best domains, and if someone thinks they can develop them into something that is profitable for both parties, they contact the domain owner.

Many of us on here own some great domains that either just sit on the shelf, are parked, or we don't know what to do with them because we don't know how to develop them to their full potential.

There would be many things that need to be worked out, such as costs, contract issues or agreements etc.

There are always developers looking for domain owners to hire them. What if they could just look thru a list of domains that they think they could develop into something awesome that would make them more money than if they were just "Hired" to develop the domain.

Example:

Let's say I own cars.com and don't know how to develop it. I list it and a developer sees that I own it and I'm not using it, but would be open to the idea of him creating a site around cars.com for a portion of the profits the site makes. This would be a win win for both parties. The domain owner gets his domain developed and the developer gets to profit from partnering with a great domain name. The developer would also be inclined to make the best site that he/she could because they will be sharing in it's success, not just getting a little money to put it together.

What are other NP members thoughts or concerns about this idea?

I've seen alot of junk domains, but at the same time, I've seen domains on here that I would ask to develop if I could. We own a very large portion of all the domains out there. Let's try to work together to make more money and create business for each other.

Let's discuss it.

 

[garptrader]

Domainers want to make money off their domains without having to do any extra work. Developers don't want to invest their time and financial resources with a domainer who hasn't done anything except registered a domain name

The general public and developers included do not fully appreciate the time and cost involved in acquiring and maintaining a domain portfolio. I am not talking about $1 .XYZ registrations but the cumulative value of one's time over years of going through drop lists to find that rare quality drop but then getting beaten by a backorder elsewhere, bidding against other investors and most oftentimes losing, but over time acquiring a few gems. Portfolio turn is low in this industry and with all the new TLD options now I believe even lower than before. The domains you sell have to pay for the vast majority you do not sell. Then someone comes along and thinks the domain they want can be acquired for $50-$100.

While domain names are needed to launch a website and can be great for branding a business or project, domainers quite often do not appreciate the effort and expense involved in turning a domain into a business with paying customers. Before new TLDs, developers would add hyphens, an extra word or abbreviated word to the domain to get a good enough reg fee option. With new TLDs they have a myriad of choices which allows them to totally bypass the aftermarket.

No doubt if you have been in this industry a few years you likely have a few domains that should be worthy of development. But domainers tend to have most of their capital tied up in domains and are unable to develop them on their own. I still feel like domains are viewed by the public as trivial items relative to how they should really be valued. Then again, how often do we bid $XXXX or more on a domain name?