DJuqa: I appreciate you being candid about this. But as Alex said, everyone has to start somewhere.
I wasn't even aware that there existed an organized industry for domain flipping a month ago (apart from a lot of these 'parking' companies, who I thought 'owned' those domains).
I realized the scarcity and value of good domains when I tried to register a personal domain for myself. I currently use a domain that starts with 'has' for hosting a pet project of mine, and I find the domain name to my liking and the people who use it seem to like it too.
But I went into a lotto mentality then and registered a couple more of domains starting with 'has'. Agreed it is not good English, and probably is worthless for the normal domain flipper. I did not have this realization till I posted about it here and am thankful to everyone for their advice.
However, being a web-developer, I was wondering at a lot of high value domains without any seeming speciality, not even a generic name that directly relates to their respective field - I'm looking at Google, Yahoo, 4chan, ebay etc. These domain names would've probably been worth nothing before those companies became popular. So I thought, yeah, this 'has' thing seems stylish, and I can get domains with generic words (like 'phone') which would be otherwise impossible.
Now I know it isn't worth a dime in the domain flipping industry. I'm not at all disappointed at this - I was never planning to go into domain flipping or try to make a fortune out of this.
I'll probably build some service around the hasphones.com domain - a mobile review site or something. I'm banking on the philosophy that a domain name (how much weird or boring) gets truly popular when people like the actual service provided by it. I have seen that happen for my other 'has' domain on which I run a real service.
I guess my mistake was in applying this mentality to the domain flipping field without understanding the business model.
---------- Post added at 04:00 AM ---------- Previous post was at 03:52 AM ----------
enlytend, thanks for a really useful answer.
Regarding hasdrugs.com - I used to see a lot of activity (spam mails mostly) in the 'prescription drugs' area and thought it was a big industry. For some reason I ignored the correctness and thought it was a good name. I stand corrected.
I'll then drop the domain. Being hand-regged I stand to lose only $10.
The other domain: hasphones.com - I believe I can create a useful service (which was a side motive when I registered it).
Same as the other appraisals - $0.
If you're trying to make money with domains, before you register a domain, you should always think about:
1) Who would buy it
and/or
2) How could you monetize it to make it cover at least your annual renewal fees?
Let's look at #2 first:
Adsense - nope, can't run Adsense on drug related sites
Parking - You need type-in traffic. Not gonna happen. Also might run into issues with the topic.
As for #1
- It's grammatically incorrect
- Who on earth would buy it? Not a small business end user because it sounds bad, not a flip to another domainer because THEY can't monetize it or resell it.
You CAN occasionally hand-reg a viable name (gets more difficult every year) or find one on a drop, but you need to understand what makes a domain useful or marketable first. Read the forum, look at sales lists - not just the big sales, the $100-$1000 sales too because that could be your bread and butter - until you have a better feel for what works and what doesn't.