Dreamhost calls domainers "squatters"

[silentg]

I just received the monthly dreamhost newsletter and Brett from Dreamhost calls domainers as squatters. They recently added cctlds to their registration list and to promote it he is dissing us.

Quote from newsletter

If you've tried to register one lately, you've probably come to realize what everyone else has known for the last five years: All the good .coms are taken.

Notice I said "taken" and not "in use". That's because domain squatters buy up what can be had for $9.95/year (or less in some cases) and just hang on to them indefinitely, hoping that someone will come along and offer to buy a domain from them later for hundreds or even thousands of dollars.

 

[Kate]

Of course it's marketing, but he probably really thinks what he wrote. Other registrars have expressed identical opinions. Could be a case of biting the hands that feeds you, but they are more a webhost than a registrar.
I don't mind some marketing spin, but it should not be at our expense.
When specific groups of people are designated as parasites and profiteers (hint hint) nothing good ever comes out of.
The guy has no clue, he really thinks domainers pay off their mortgage and cruise vacations with domain sales :lol:

 

[labrocca]

Notice I said "taken" and not "in use".

Buy a domain and not use it and being called a squatter is then accurate. It's an accurate definition whether you like the connotation or not.

He forgets they make the bulk of their profits (reg and renewal + more) off the so called squatters! LOL!

You're kidding right? That's not how they make the bulk of their money. They're one of the largest hosting companies. Domainers don't use them much for registration (and they shouldn't). And the vast majority of the income is from hosting. DREAMHOST not DREAMDOMAIN.

It's tiring hearing domainers get self-righteous about how they REALLY make their income.

btw I have a Dreamhost account now for about 5 years.

 

[bmugford]

Buy a domain and not use it and being called a squatter is then accurate. It's an accurate definition whether you like the connotation or not.

So then is any investor, who buys any product with the intent to resell for a profit, a squatter?

Is a real estate investor a squatter?
Is an art investor a squatter?
Is a classic car buyer a squatter?

There are fields where there is a finite supply of quality products.

It is capitalism.

It's tiring hearing domainers get self-righteous about how they REALLY make their income.

The definition and usage of "squatter" is clearly meant to carry a negative connotation.

noun /ˈskwätər/ 
squatters, plural

1. A person who unlawfully occupies an uninhabited building or unused land

2. A settler with no legal title to the land occupied, typically one on land not yet allocated by a government

Dealing in generic domains is a perfectly legitimate business.

Brad

 

[exsedo]

Domainers are not even half way down the list of pondlife which use the internet anyway. :imho:

 

[tristanperry]

Buy a domain and not use it and being called a squatter is then accurate. It's an accurate definition whether you like the connotation or not.

Yeah.... that's not the definition of a squatter. So no, it's not accurate.

---------- Post added at 05:49 PM ---------- Previous post was at 05:47 PM ----------

Domainers are not even half way down the list of pondlife which use the internet anyway. :imho:

I agree - there's rubbish hosts (including 'unlimited' hosts like Dreamhost), scammy SEOs (who send our spam like 'We'll get your website to #1 in Google' etc), e-mail spammers, link spammers, developers/designers who take your money and run, etc etc.

 

[eyedomainous]

Native populations have often been considered 'squatters' by settlers and companies that would "make better use" of the land.

The term squatter is used to provide a "no value" rational that makes it o'k to NOT recognize or respect the natives' claim to the land.

Ironically, the term is used to remove the 'value' of being there first... as "squatters" have no legal claim, or right, to the land.

Finally, the term gets used to rationalize taking the land if the natives ask too much for it.

 

[alien51]

There are two (2) kinds of VALUE as used in capitalism:

1. FAIR VALUE - When people are paying premium for additional services/amenieties added by the seller to the basic item being purchased.

2. EXPLOITATION VALUE - When people are paying premium for the exclusive rights/ownership to a basic item/service that is in short supply versus demand.

An example of fair value: FIRST-CLASS AIRFARE is more expensive. You get bigger legroom, better food, dedicated flight attendant, and free champagne.

An example of exploitation value: OIL PRICE INCREASE. If oil is running on short supply, price of oil rises. If Justin Bieber's concert is sold out already. Scalper tickets become 3x the face value. A Van Gogh painting goes to auction because many collectors want to have it. It's an exploitation of supply and demand.

Sometimes you combine FAIR VALUE and EXPLOITATION VALUE. For example, if your hotel suite in Vegas normally costs $4,200 a night, it becomes $6,500 a night if there's a boxing match in town and so many tourists are looking for hotel suites as well (that's why hotel room rates are more expensive during weekends and holidays, than on weekdays).

Domainers who flip bare domains, are in it for the EXPLOITATION VALUE. Unless you add a functioning website/template to the domain, plus a couple of coupon codes from Godaddy and free 1-year hosting at Dreamhost- then it becomes FAIR VALUE. But if the asking price is really astronomical compared to the added goodies, then it's combining FAIR VALUE with EXPLOITATION VALUE.

You can do adjustment tweaks between FAIR VALUE and EXPLOITATION VALUE to strike a balance between the customer being happy and satisfied with the price, at the same time you won't appear like a greedy bastard. lol.

 

[DU]

Text appears changed (I think) on the original article.

In my day we called these people “domain squatters”. Today they call themselves “domainers”. Their position on the Internet’s social chain is still pretty low though.

That accurate enough for you all? Happy yet?

Can't agree with you on this point.

Domainer is a sort of "gold-seeker" or "silver-seeker". He is finding good domains and offer them to the companies (end users), who could benefit from these domains.


Fisher go to the ocean and fishing, then he sell fish on the fish market or directly to the restaurants.

and

Domainer go to the expired domains auction, then he sell domains on the forums/auctions or directly to the endusers.


We are domain fishers

How did the domains get into an auction in the first place? What value has been provided? That they can't register themselves?

When you register thisisagreatdomain.com is your thought - wow, wouldn't it be awesome to pair this to a company so that they can make money from it? Or is it.. I think I could sell this to that company and make money?

A fisherman invests in boats, invests in fisherman, invests in nets and goes fishing to provide a resource a restaurant couldn't otherwise have. The market typically ads value by providing a single location to collect preserved fish - usually scaled, filleted, or at least kept on ice. There is value add.
The restaurant adds ingredients and cooks. A value add.

A typical domainer registers a name and tries to match a company to that name. Eventually, perhaps, a match is made unexpectedly - you suggest a name that benefits the company that they hadn't thought of. That would be accidental value add.

What realistic and consistent value add do you provide? What does a company benefit? If they offered $5K for a great domain you paid $1K for on Sedo. Do you sell it to them as a value add? Or do you send it to auction and hope to get more? So what is the motive? What did you give them? An opportunity to be outbid?


The thing is that everyone uses words slightly out of context. The definition of Squatter that everyone harps on is specific to a historical context. The use in domains doesn't fit. Some of you will say that someone sitting on a TM domain IS a squatter; however, they really aren't if you the definition of squatter. The word squatter was just used, and has been used, to refer to someone who holds a domain without intent to use for the purposes of getting more money in return.

I take more offense at people saying "retarded" which has become a general pejorative. Squatter is a pejorative in DOMAINING circles. In the real world it is just a word to describe "domain investors".

So then is any investor, who buys any product with the intent to resell for a profit, a squatter?

Is a real estate investor a squatter?
Is an art investor a squatter?
Is a classic car buyer a squatter?

There are fields where there is a finite supply of quality products.

It is capitalism.



The definition and usage of "squatter" is clearly meant to carry a negative connotation.

noun /ˈskwätər/ 
squatters, plural

1. A person who unlawfully occupies an uninhabited building or unused land

2. A settler with no legal title to the land occupied, typically one on land not yet allocated by a government

Dealing in generic domains is a perfectly legitimate business.

Brad

The word squatter is not really intended to carry negative connotation from all sides. Some may argue that the land is a "common treasury for all".

The term squatter in domaining terms was introduced in 1999 (or perhaps earlier) and the whole industry wasn't defined and was full of people investing on trademarks. That TM "investing" is what people saw and why a CyberSQUATTING bill was passed in 1999.

The problem I see is that people find a negative in a word that they don't understand the etymology and usage of... and get offended by a new additional definition added later on. Domainers are trying to "take back" the word. I don't see this as any different than the "N" word, the "C" word or the "Q" word. Domainers just haven't been successful yet.

Once upon a time in history many of us would have been proud to be a squatter. In today's world, many of us would still be proud - in the historical sense of squatting. But to be fair, I've never heard the argument "I'm not squatting in this house... because look at it.. it's just four walls and a window.. it's sooooo GENERIC".

Personally - I wish I could farm Crown land. That makes me a huge wannabe squatter


I suppose some of us who live in homes that we don't pay a mortgage on are "victims of a recession" and not "squatters" too.

I should have stopped at my first reply.

 

[JB Lions]

Who cares what some 8 year old kid says? - dreamhost.com/profile-brettd.html

 

[twomoon]

How did the domains get into an auction in the first place? What value has been provided? That they can't register themselves?

When you register thisisagreatdomain.com is your thought - wow, wouldn't it be awesome to pair this to a company so that they can make money from it? Or is it.. I think I could sell this to that company and make money?

A fisherman invests in boats, invests in fisherman, invests in nets and goes fishing to provide a resource a restaurant couldn't otherwise have. The market typically ads value by providing a single location to collect preserved fish - usually scaled, filleted, or at least kept on ice. There is value add.
The restaurant adds ingredients and cooks. A value add.

A typical domainer registers a name and tries to match a company to that name. Eventually, perhaps, a match is made unexpectedly - you suggest a name that benefits the company that they hadn't thought of. That would be accidental value add.

What realistic and consistent value add do you provide? What does a company benefit? If they offered $5K for a great domain you paid $1K for on Sedo. Do you sell it to them as a value add? Or do you send it to auction and hope to get more? So what is the motive? What did you give them? An opportunity to be outbid?


The thing is that everyone uses words slightly out of context. The definition of Squatter that everyone harps on is specific to a historical context. The use in domains doesn't fit. Some of you will say that someone sitting on a TM domain IS a squatter; however, they really aren't if you the definition of squatter. The word squatter was just used, and has been used, to refer to someone who holds a domain without intent to use for the purposes of getting more money in return.

I take more offense at people saying "retarded" which has become a general pejorative. Squatter is a pejorative in DOMAINING circles. In the real world it is just a word to describe "domain investors".

First of all I'm not saying about people who are registering fresh regs. Can't agree that domainers who register domains are typical domainers. Today in GTLD's it's almost impossible to reg something that may have good value IMO

But let's return to the fish.

Fisherman invest in boats, etc. etc....

Ok, but domainer invests in PC, internet connection, etc.etc. and goes to the aftermarket to catch domains.
Why restaurant couldn't have a fish otherwise? Restaurant could hire fishermen or some of restaurant's team could go fishing. Stupid isn't it? Yes. But the could do it – but the don't.

The same is with small/middle companies. If even small companies have “seo guys” why couldn't they have “domainer guy”? They could – but they don't . So it's the niche we all are in.

Now, some company purchased a domain, added some content and the site is live. A value add. The site is live, the company selling goods thru the site based on domain I sold them.

My point of view is that domaining is the same business as any other.

 

[lincolndsp]

^^^
you pointed out some great analogies

 

[eyedomainous]

In the end... the value of a specific domain name rarely matters. Its the volume of domainer buy engagements and the drive to profit from the names -often by any means necessary- that is adding priceless, inter-generational, value to the web's infrastructure, economy and governance.

Beyond the 'server side' value of the domainer economy, there is the 'client side' to consider as people pay to get online to visit domains. They also pay for the gear to get online and the electricity to power their site visits.

The Value of Domaining:
Every domain gets some traffic. The more domains, the more traffic. The more traffic, the more profit. The more profit, the more investment. The more investment, the more infrastructure. The more infrastructure, the more capacity. The more capacity, the more inventory. The more inventory, the more deals. The more deals, the more buyers. The more buyers, the more domainers. The more domainers, the more domains.

Domaining drives value!

 

[Sparhawke]

To throw my argument into the ring:

We’re an ICANN-accredited registrar, and even we don’t know what the next big TLD will be. So, effective today, we’re now handling registrations for 21 TOTAL TLDs! One of them is bound to topple .com.

This statement alone tells me that they are a bunch of morally deficient idiots.

It is not a case of actually advising someone on the best deal for them, to shamelessly rip a statement from "Rich Dad" they are basically the scamming car salesman that knows their car is going to break down therefore tries to tell someone to buy one of every type; basically to diversify.

This kind of practise should be shut down by ICANN or whoever is running the show this week, without domainers in the world, both good and bad none of these companies would ever exist.

A business owner does not wake up one morning and decide to get a domain name, he relies on someone who has spent his time searching for the best fit for his company, is our time not valuable?

If they want to overpay on a greasy cold hamburger that will give them a heart attack and then turn around and go tell the person who could help them make lots of money to go screw themselves that is their choice.

I personally do not have time for it, I will simply sell to their competition.

Every domainer here should pull out all domains and hosting plans from Dreamhost but lets face facts here, we all know that is not going to happen don't we?

PS:

Has anyone noticed the bogus comments that only state how great and wonderful the company is? In case you don't already know, when someone is really enthused with a product and no one criticizes there is a distinct stench of bullshit in the air.

Here is what I commented for anyone interested before it is deleted for not toeing the company line by being complete bullshit:

Question, if legitimate people who go hunting for these domains to sell to business people who don't have a clue of the subtleties of the internet suddenly left the domaining world, how long do you think it will be till you go bankrupt?

Remember: it is the domainers who buy and sell domains every day that are your bread and butter.

You are selling a .mn domain for $50, what kind of scammer are you, trying to tell people that something like that can compete on the level of other domains? Here is a quick lesson for you, Mongolian domain names only have an advantage in Mongolia. Here the lesson ends.

Will this comment see the light of day or are you only posting messages that put you in a positive light or those you write yourself?

How long do you think it will be until it is deleted?

 

[alien51]

The beauty of CAPITALISM, is that as long as we are profiting legally, the rest of the world can just chill. lol

I guess it's up to the regulators and policy-makers to define the bounds of FAIR business practice.

If regulators didn't create Anti-Trust Laws, we would probably have been ruled by monopolists and hoarders by now.

In domaining, ICANN sets the policies. Seems like their idea to quash the domain-squatting practice that is jacking up the price tag of the aftermarket, is to create more TLDs until domainers run out of money trying to squat them all. lol

 

[SpareDomains]

If you have a good business plan you can be a success on almost any domain especially with all the social media avenues that have opened up over the last few years making free publicity a little easier to come by.

Domaining is more of a service business. Why does a business owner spend hundreds to have his car detailed, because he doesn't wanna waste his time doing it himself that could be spent elsewhere making money. Why does the bumb on every corner go to walmart and buy a 24 pack of bottled water for $7 and sell each bottle for $1? I recently went to buy my city sticker for my car $75 and saw a line of 15 people outside so i passed it up and payed a $5-$6 fee at the currency exchange as an hour of my time in 90 degree weather was worth more than the $5-$6 extra fee. If I'm looking to buy a house I'll go to an agent. The agent will spend all day and night finding listings that match my preferences. I will pay this agent a commission for their help. Did the agent paint the house or fix it up before I bought it or add any value? No, My time is more valuable then looking at 10,000 listings to find the 10 that are a match. You don't have to add anything to improve the product as you are selling a convenience/service. Life is short and "Time=Money"

Personally I have stayed up till 3-4 in the morning quite a few nights which takes away from being rested the next day and have also cancelled some evening plans with friends on occasion. You should be treating this like a business and compensating yourself for the hours or thousands of domains you sort through in the middle of the night.

Keyword rich .com domains do have traffic and that traffic is valuable. I have developed domains that don't relate versus domains that describe the product and the descriptive ones always do better in sales/ranking. Google can adjust their algorithm any way they wish but the type in traffic still flows on generics as they don't need search engine results.

If a business sees the value in someone staying up crazy hours to secure the best domains that relate to their business then we have a sale. If a business just complains then they probably aren't making much anyway or they would have a budget to secure higher value domain traffic.

Judge your business by your sales. When I sell a $7 expired pick up for 1-10k and the business owner shakes my hand and says he appreciates the service that is all the justification I need as I just sold a service. The businesses that don't get it can keep drinking the haterade as it doesn't effect my cash flow and one of their competitors will see the value. Anyone successful will have haters, ignore the noise and focus on your goals.

 

[DU]

The Value of Domaining:
Every domain gets some traffic. The more domains, the more traffic. The more traffic, the more profit. The more profit, the more investment. The more investment, the more infrastructure. The more infrastructure, the more capacity. The more capacity, the more inventory. The more inventory, the more deals. The more deals, the more buyers. The more buyers, the more domainers. The more domainers, the more domains.

Domaining drives value!

You are being sarcastic, no? This is like saying that consumerism is great because the more we buy the more garbage we create, the more infrastructure is needed the more jobs we have.

Consumerisms creates garbage creates VALUE!

This kind of practise should be shut down by ICANN or whoever is running the show this week, without domainers in the world, both good and bad none of these companies would ever exist.

What came first. The internet or domainers? I'm glad we have car salesman because without them we'd all be on bicycles.

A business owner does not wake up one morning and decide to get a domain name, he relies on someone who has spent his time searching for the best fit for his company, is our time not valuable?

There are a couple of approaches. A businessman decides he needs a web presence. He tries to register about 20 first choice names. None are available. He finds a domain at an auction or something similar and pays $X,XXX for a domain lovingly picked by a domainer who spent their time finding it just for them!

He contacts a domain broker (not a domainer) who does the above on his behalf at $X,XXX+commission.

He files a UDRP if his business previously existed and hope they win

They pick a decentish name for $8 and go with something that isn't that great. SMALL BUSINESSES DO NOT NEED BUILT IN TRAFFIC. If the site ranks - waits while 300 domainers offer him VALUE ADD SERVICES. New domains. Renew services. SEO Magic. I have a perfect .COM for $3K.

They go "brandable" - whatever the hell that means now - and choose something trendy.

They go ccTLD - that is second tier .US in the US.. or a .biz, or .mobi maybe (if they're mobile). Perhaps .ME, perhaps. For a SMALL BUSINESS it doesn't really much matter.

As far as ccTLDs go.. or second rate gTLDs.. You wouldn't know anyone offering a legal .info would you?

If they want to overpay on a greasy cold hamburger that will give them a heart attack and then turn around and go tell the person who could help them make lots of money to go screw themselves that is their choice.

I personally do not have time for it, I will simply sell to their competition.

And they're morally deficient?

Every domainer here should pull out all domains and hosting plans from Dreamhost but lets face facts here, we all know that is not going to happen don't we?

Why? Specifically what are they doing here that is so offensive ? Suggesting alternatives to your killer portfolio?

Has anyone noticed the bogus comments that only state how great and wonderful the company is? In case you don't already know, when someone is really enthused with a product and no one criticizes there is a distinct stench of bullshit in the air.

This is a side effect of the internets total disregard for IP. How many of these commenting do you think are employees? All of them?

How many of them do you think might be AFFILIATE marketers? How many link to their own sites as great backlink material.. this is the problem and part of what "cloud" computing is really about.

How long do you think it will be until it is deleted?

Doubt it will. I would answer your comment myself if I were them. Not sure what you were trying to tell them?

Domaining is more of a service business. Why does a business owner spend hundreds to have his car detailed, because he doesn't wanna waste his time doing it himself that could be spent elsewhere making money. Why does the bumb on every corner go to walmart and buy a 24 pack of bottled water for $7 and sell each bottle for $1? I recently went to buy my city sticker for my car $75 and saw a line of 15 people outside so i passed it up and payed a $5-$6 fee at the currency exchange as an hour of my time in 90 degree weather was worth more than the $5-$6 extra fee. You don't have to add anything to improve the product as you are selling a convenience/service. Life is short and "Time=Money"

Dealing with a domainer is NOT more convenient than dealing with the registrar. The registrar is selling the water on EVERY corner for 24 pack for $7. You are the Walmart that exists selling it for "something more" than a $1.. and don't offend the hard work I've done for YOU buy offering me less than $10 a bottle.. mkay

I DO understand what you are saying and you're more accurate the higher up the domain chain quality you go. There is a cross over point where the business is dealing with companies who have enough to throw $10,000 K for convenience... a small business startup is usually on small margins anyway. The biggest advantage gained from a great domain is when you're growing - not when you've grown. Once you have a business base the domain is less important then when you're trying to lift off.

I can absolutely positive that I can find under $1000 domains for any local startup business that works for them - the exception comes when you're a purely online business.

Personally I have stayed up till 3-4 in the morning quite a few nights which takes away from being rested the next day and have also cancelled some evening plans with friends on occasion. You should be treating this like a business and compensating yourself for the hours or thousands of domains you sort through in the middle of the night.

I laud your efforts.. but just because you WORKED HARD doesn't immediately translate to you ADDING VALUE

Keyword rich .com domains do have traffic and that traffic is valuable. I have developed domains that don't relate versus domains that describe the product and the descriptive ones always do better in sales/ranking. Google can adjust their algorithm any way they wish but the type in traffic still flows on generics as they don't need search engine results.

Absolutely necessary for a very small marketing segment. Most of the time this is about creating monetization plans for websites. This is an economy unto itself. It's not helping end users. It's why the BEST MARKETING plans for SMB DOESN'T INVOLVE THE INTERNET.

Domainer don't get this last point. The internet is a TOOL and not a SOLUTION.

If a business sees the value in someone staying up crazy hours to secure the best domains that relate to their business then we have a sale. If a business just complains then they probably aren't making much anyway or they would have a budget to secure higher value domain traffic.

I see the value of the registrar selling $8 domains on the corner more than the value of the store selling domains for $1000. You're confusing your personal effort with value.

You're part of the system that has created false economic value. Given that this won't change - if you are a very easy to deal with, very accessible broker of domains your VALUE is that you aren't as shitty to deal with as the rest of the domainers.

If you price not too crazy and make it "affordable" your value is that you're cheaper than that OTHER guy. Your value is a relative to others in your business; however, overall, there's no real actual value.

I take it here everyone LOVES car dealers for the "specials" they can get you?

I bet you all love your health insurance companies for the "extras" they provide matching you to the perfect drug that the companies want.

Judge your business by your sales. When I sell a $7 expired pick up for 1-10k and the business owner shakes my hand and says he appreciates the service that is all the justification I need as I just sold a service.

Again. You're acting as a legitimate business man as a legitimate operation providing a service. The value you have is that you didn't ask for more than they were willing to pay. It's an agreement based on a relative marker. You didn't actually add much other than your shining personality, reasonable and fair pricing.

The businesses that don't get it can keep drinking the haterade as it doesn't effect my cash flow and one of their competitors will see the value. Anyone successful will have haters, ignore the noise and focus on your goals.

There's no haterade. Domainers just don't do a lot for anyone. The majority of value is provided by Brokers, Marketing Specialists and people that actually help connect b2c or b2b with more than just a "name acquisition".

It's a great business for some. There's nothing wrong with the business at all... it's just SOME domainers get very self-righteous about things. That's all. I have no problem with someone like you who is working in what is an established business.. not much different from a normal day to day salesman with a product.

Domainers just sell products. They don't create. They don't add value. They just sell products - they take on some risk that the product is sellable. It's an economy... it works VERY WELL at Medium Large business but not so well for the small guys.

Much like cars, healthcare insurance, business insurance, legal assistance, capital investments and loans, and everything else that costs too much for small businesses to get off the ground.


//No more on this from me. Maybe to comment if I disagree strongly on a comment on this... or if someone makes me change my perspective and I change my mind... etc etc... but the horse is BEATED TO DEATH.

---------- Post added at 10:38 AM ---------- Previous post was at 10:31 AM ----------

Forgot to add:
At the end of the day - real financial capital and creating cash flow is the main hindrance to SMB... domains are just a speck on the landscape..

 

[SpareDomains]

these type of threads come up every year so let's all join hands. :hehe:

"so let's leave it alone, cause we can't see eye to eye, there ain't no good guy there ain't no bad guy, there's only you and me and we just disagree"

http://www.youtube.com/watch?v=p8_FOQ7-P30

 

[alien51]

these type of threads come up every year

I was about to say that. lol

Until there are domainers who can't get it over with the 'squatter' thingy, the hate will remain.

To be honest, i read that Dreamhost blog entry and i think the entire substance in it is superficially true, no matter what angle you look at it. It's true. Some college dorm guy buys a domain, hoping to buy a yacht. lol

I think i read a story here at NP before, about some guy in the early 2000s who was going dead broke on his last buck. Spent them on some domain, then became a millionaire. Once a sleaze bum, was now going on a speaking tour talking about investment philosophy.

Cinderella story, and that's how it evolved.

And seriously, i fear that all this squatter talk in the mainstream media is now solidifying what i call THE CYNICAL INTERNET.

People don't click on ads anymore. People won't pay up top dollar on domains anymore. A new generation of netizens trained by society to shun people who are trying to make money on the internet.

 

[lincolndsp]

so guys, I would like to buy some Rembrandt's or Da Vinci's artwork, anyone knows collectors who hoard them? I think they would be a great decoration in my living room.
Oh, and I forgot to add I would offer a premium to buy them...what about twice the cost of canvas, paints, and manhours to produce that? Seems fair, does not it?

 

[Sparhawke]

If they want to overpay on a greasy cold hamburger that will give them a heart attack and then turn around and go tell the person who could help them make lots of money to go screw themselves that is their choice.

I personally do not have time for it, I will simply sell to their competition.

And they're morally deficient?

You took much of what I said out of context, for example the line I have picked out there is a case in point...

People will happily spend a load of money on fast food burgers, with extra fries of course but they baulk at paying a few dollars extra for a great meal at a restaurant.

It is false economy, people here should be choosing generic domains that anyone can own and if they are then there will be many potential users.

I will not entertain the idea of talking to someone who only wants a bag of fries, I would much rather talk to the person who sees the benefit of getting a good meal at a good restaurant.

To put a better point on it, how many girls do you know that are impressed with a date to McDonalds?

If people wish to make the claim that they do not need a good quality domain that people can ultimately remember and can instead get away with any crap for $8 then they are simply setting themselves up with a liability and not an asset.

~~

And the statement about the car salesman was about them saying "we don't have a friggin' clue what is going to be successful and whether or not you will owe your shirt to us in the future, but buy all these extra domains as well in the hopes that one pays off. We do not give a damn if things work out for you or not, you will have still paid us a fortune regardless."

It is not about buying everything you can lay you hands on as the experienced ones amongst the forumers here know, it is about picking and choosing your domains carefully, and figuring out which have the better chance of selling.

Furthermore telling people who do not know what they are doing to buy a Mongolian domain name saying that will be good for them is WRONG and quite frankly ...maybe not fraudulant but sailing close to it, those people will spend all their time and their marketing on a extension that most experts here have never heard of. It is near enough the same as a CEO telling people to buy this stock or that stock when they themselves are selling.

No one here in their right mind would buy a .mn and they are advising newbies to do that???!??!??

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It is not about owning one domain or a thousand or a million of them, it is about ROI.

I chose to buy InjuryLaw.info because it is a damn good domain and one that is instantly recognisable and memorable...if someone wants to make me a reasonable offer then I will consider selling, but I will not sell just because someone made that offer.

It is not about holding the domain for years in the hopes of a million dollar sale even though that would be nice, it is about someone recognising what I hold and making a reasonable offer for it. The Injury domain was in the droplists, it was freely available for anyone to buy, so the fact that they didn't when it was available to them is my fault?

To say that squatters hold all the domains is either blindness or ignorance, since this one was freely available to all I can only assume that all the lawyers of the world in this case were negligent as well as incompetent? :p

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Everyone here at the end of the day likely spends countless hours poring over future droplists, and likely spends countless hours researching names that are available which any businessman in the world could do themselves if they chose to, but they don't. They think up one name on a whim like business.com and then whine and moan because it is already taken. So they register some miscellaneous crap like bizbuz-info.info and wonder why no one trusts them.

Is the time spent hunting through those droplists not valued?

About the argument that we create no value, this is a fallacy...NO SALESMAN IN THE WORLD CREATES VALUE.

The salesmans job is one thing only and that is to sell you something, something that you could just pick up yourself at the wholesalers.

Generally speaking the mark-up on products is all over the place for different products, but when is charging someone 300% for an item a good thing, simply because it is packaged in a pretty box?

Why should I pay the VAT man 20%?

What value does he give me?

People like you and me find business assets and bring them to the table of end users, we do not get hidden commissions and the value of something we sell will not crash into the floor when we have their shirts unlike classified adverts in yesterdays paper. The price they pay for something is the single price they pay beyond the $10 "rental" fee, stocks go down as well as up but a stock salesman job is somehow honorable when they generally don't know what they are talking about?

A great domain name will always be a great domain name, and so long as the end user doesn't mismanage it, it will continue to bring him a return until the end of time, if not in monetary terms then in bragging rights at the pub.