Finteza

.Loan and .Loans

Labeled as new gtlds in gTLD Discussion started by Bulloney, Mar 8, 2018.

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  1. Bulloney

    Bulloney Restricted Blue Account

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    It was the sale by donuts of Home.Loans January 18, 2018 for 500K that's had Bulloney going "loan crazy"
    From Refund.Loans to TaxRefund.Loans to NationalHome.Loans to JumboMortgage.Loans there's no way imho, an aggressive marketing effort with the backing of someone like a Wells Fargo or Bank Of America can't put the .loan(s) nTLD on the Domain Map. I started this thread to see who's interested in getting in on the ground floor of .loan(s) extensions. Pros and Cons welcome, but please research how HUGE this industry is before you comment. Thanks.
     
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  2. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    Prices are way too high for the ones that might sell. Then renewal is $40 +
    Just my opinion.

    upload_2018-3-8_16-52-10.png
     
    Last edited: Mar 9, 2018
  3. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    13K to REGISTER a name that has no proven value...no thanks.
    upload_2018-3-8_16-53-40.png
     

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  4. Bulloney

    Bulloney Restricted Blue Account

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    Thanks...not sure what you mean "prices are way too high for the ones that might sell"? Also, renewal is $70 for .loans. Did you mean $40 for .loan? Thanks again.
     
  5. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    I mean that the names which have a remote chance in actually selling are considered "premium" and have ridiculous price tags on them.
     
  6. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    Having said that. I did bid 10K for Business.Loans at NamesCon.. I would consider Business.Loans up there with Home.Loans though.

    I feel that only the very very best of these names have high end-user potential.

    The combination has to be perfect.
     
  7. Bulloney

    Bulloney Restricted Blue Account

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    I agree with your assessment, but the two names you posted are very generic, and there are other names that are industry specific that have a much better chance of selling imho. For instance, Veterans.Loans or PatriotAuto.Loans, and there are hundreds more just like them that might sell for a lot less. Although Veterans.Loans could draw pretty big $$$.imho.
     
  8. Bulloney

    Bulloney Restricted Blue Account

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    Actually I own two domains Businessxxxxxx.loan(s) that are almost as good as Business.Loans. Hmmmm?
     
  9. lolwarrior

    lolwarrior Founder, Brands.International VIP

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    I am joining the club here :) There is no doubt in my mind that if home / loans sold fo 500k, there can be potential for that niche in years to come...

    Some of my beautiful .loans names, all with standard .loans renewals
    (ok, 3 plurals where not needed to be, but I am late in the game here, unfortunately):
    My experience so far is that most end users are not aware of .loans yet, but when you tell them, you almost always get attention. Best venue for that is definitely LinkedIn, digital marketing SVPs and similar can understand the concept quickly. Just started to experiment with this particular extension and its marketing few days ago, so I guess I will know more in next few months.

    Also remember guys, .loans is kind of narrow extension, so some really great terms (combos) and that is it.
     
  10. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    Hi @lolwarrior - I love your enthusiasm in domaining and think you'll do well in the industry if you keep improving. Same things goes for me and everyone else!

    I want suggest rethinking some of your strategy before spending a significant amount of money registering some of these names. I'm not saying don't invest in gTLD's, but If you do, they need to be slightly better than these to stand a chance in selling.

    For example:
    I can register RealEstatesLoans.com for $8 right now because it doesn't make sense. You can't simply add an "s" onto Real Estate and say Bingo!....Same thing with Stocks.Loans.

    HouseEquity.Loans doesn't work either unfortunately since the term is "Home Equity"... You'll see there are no sales EVER in any extension with the keywords "House Equity"

    Just some advice. I got similar advice from domain investors when I was starting out in the industry and wish I could have got more. I actually talk a little about some of the domains I first registered in my recent vlog. They are absolutely awful lol - http://thedomainblog.org/domain-vlog-episode-3-newbie-investors/

    My friend @Michael Cyger posted some great advice today on NamePros - You should check it out https://www.namepros.com/threads/domaining-all-or-nothing-game.1069435/page-2#post-6607640

    Some of the tools he uses in that video might help you before registering "keyword" domains in the future.

    Just some advice :)

    P.S - I also notice you have a gTLD portfolio in the hundreds. Watch out for those renewals. Sometimes it's better to focus on quality rather than quantity.
     
    Last edited: Mar 9, 2018
  11. Bulloney

    Bulloney Restricted Blue Account

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    Good stuff lolwarrior...having been in business for almost 50 years I can probably share more info about the loan business than anyone on NamePros. My first loan was a credit card loan of $500 to start my first business in 1970. It was 18% interest, but got me started in business:xf.smile: The biggest loan I had was for 750K in 1992, and it almost killed me. My business then, Contact USA, didn't make it, but because I signed on it personally, I eventually paid it off. I've refinanced my home 2-3 times, but it's paid off now. I've had loans with Balloon notes..and now I have Balloon.Loans. I've had building and commercial loans. I've had auto and boat loans. Some of my loans were fixed interest loans, some of my loans were tied to the prime rate. Other loans were tied to treasuries. Fortunately I don't have any loans now, and my 1,000 plus domain names are free and clear...feels good.

    Altogether I have around 35 .loan(s) domains, but I also have some pretty decent .com finance domains like RefiConsultants. Now that I think about it, I own some Student Loan domains as well as some Auto Loan Domains. This is one wild and crazy industry, but it's a lot more fun than work. I've been accumulating domains now for about six months, and now it's time to turn on the marketing afterburners...stay tuned.
     
  12. MS-Domains

    MS-Domains Established Member

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    Thanks for the thread.

    I sold "Fund.Loans" for $65 only. I didn't think it would fetch any higher offers.

    Then I repriced the other one "Funds.Loans". Im hoping I could sell it for more to be honest.
     
  13. MS-Domains

    MS-Domains Established Member

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    I should add, I don't think it will sell.

    Thanks
     
  14. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    I might have to challenge you on that lol.
    I was the sales manager and a small owner of a decent size finance company here in Los Angeles. I personally facilitated over $30 million in small and medium ticket loans and probably oversaw another $300 Million.

    Balloon.Loans is a good name. Only thing is, not many people like Balloon Loans... When searching for business loans, owners are using terms like "working capital loans" "equipment loans" "SBA Loans" "Operating Capital Loans" "Bridge Loans" "Term Loans"
     
  15. Cruncher

    Cruncher Established Member

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    .Loans is different ext. to .Loan!
     
  16. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    Yup.
    I think the thread says .Loan and Loans.
    Correct me if I'm wrong.
     
  17. Cruncher

    Cruncher Established Member

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    You are very correct, sorry!

    I quite like ''handshake.loans'' , I think it could be very 'brandable', would be great in an advertising campaign and is 'old fashioned' in a good sense. I have seen tv adverts here in the UK with a similar slogan.
     
  18. DnameAgame

    DnameAgame BrandPlease.com, see [email protected] BuyNa.me Gold Account

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    I'll chime in because about 1 yr ago I had the exact same thought and plan - well close enough.

    Someone was having a 88c sale on all .loan domains. I thought WOW how could I lose with State or City + Home. loan, auto.loan, payday.loan.? I saw them at minimum paying for their own renewal fees with either parking or the sale of a couple/few.

    I got about 100 of them - they were 88c and I was wanting to see how they would do in terms of traffic.

    Well, luckily it was not a ton of money because my experiment was a failure. I'll be dropping them on renewals. Not one bit of interest, and I sell actively, not a penny in parking - seriously not 1 penny per all of them.

    I dont really see a Category Killer sale as a boost to the whole extension or similar extentions - category killers are killer names and they stand alone, I dont see them pulling the extension/s up.

    but that's just my opinion/experience - take it with a grain of salt as all should.

    If you have a plan work it - no one else knows what the angle you can come up with and who it may interest. I have learned, over the years, to not doubt others abilities to sell - have met /worked some amazing sales people.

    Good Luck,
     
    Last edited: Mar 9, 2018
  19. Bulloney

    Bulloney Restricted Blue Account

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    You'e right...I also started a company called Credit Control Corporation here in VB in 1973, and it happens to still be in business today, but has moved. While I've pretty much had every loan imaginable, I've also attempted to collect every loan imaginable. I have a few other single word .loan(s) domains, and have combined some of mine with a second word "online" like in online.loans (which I don't own). The real key to my success here is being able to personally meet with the CEO's and top management people in the mortgage, finance and retail loan industries. Fortunately, I feel very comfortable doing that:xf.wink: Thanks again for chiming in, and the best of luck to you.
     
  20. Bulloney

    Bulloney Restricted Blue Account

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    Smart.loan doesn't have much value imho either. Smart.Car is different. I've never really heard of a smart loan, but a dumb loan...I've had a lot of experience with those:xf.eek:
     
  21. Cruncher

    Cruncher Established Member

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    [QUOTE="Bulloney, post: 6607922, member: 1005089", but a dumb loan...I've had a lot of experience with those:xf.eek:[/QUOTE] Haha! I think we all have experience of those,never again though.

    I know it is unavoidable for some, but I hate being in debt,would rather go without if possible!

    Back on topic though,I think .loan(s) extension may be very popular in the near future,along with alot of other extensions,and I think with the right keywords they will prove to be profitable.
     
  22. lolwarrior

    lolwarrior Founder, Brands.International VIP

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    @Josh R

    thank you for your feedback - I will tell it nicely as you seems to be a nice guy. I learned in my life to be very careful who I listen to, and when it comes to new gTLDs I tend to listen to people who actually owns great new gTLD portfolios.

    I do not mean it in bad manner, but you seem to focus on .com, and without actually having at least few hundreds of great new gTLDs, your experience and advise is more or less theoretical. I hope we can agree on that. I do not see your portfolio anywhere - show me some nice new gTLDs you own and I will listen to your every word!

    New G's are pretty complex, and when you operate mostly in .com , you sometimes might not understand what new gTLD investors are doing and why we are doing it: please understand that many of us are rather not making any assumptions, and we simply test the names.

    For those names I listed above I am testing traffic, offers and feedback from end users when I present them the names. When I see at renewal time there is no traffic, no offers and no feedback for a name, I drop it like a yesterday newspaper. I have dropped hundreds of new gTLDs, when I saw they are not performing. And vice versa, when I see traffic, or any other form of interest, I keep them. It is as easy as that, and you can read more in few articles I wrote about it (in my signature).

    I did not like one thing: I posted 13 names, and noted that 3 of then are im plural, unfortunately - in your post you focused exactly on those 3 weak (nonsensical) names, and then posted your vlog link which should "help"...the 10 names with potential obviously escaped your attention) I would prefer (if you want to be that helpful) to focus on those, as pointing the obvious does not bring any added value to anyone.

    And you can be succesful only if you bring added value to people - there is no way around :)
     
  23. Bulloney

    Bulloney Restricted Blue Account

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    Actually...I see you edited your post and changed God Luck to Good Luck, lol. I was going to say when you have God on your side you always have Good Luck.:xf.wink: I see where some of the gTLD and nTLD haters are coming out of the woodwork and liking your post. I thanked you for it more than liked it. There were some other decent sales of .loans other than Home.Loans for 500k, and here they are from Namebio's;
    home.loans 500,000 USD 2018-01-21 Donuts
    investmentproperty.loans 7,500 USD 2017-11-16 Acheeva Domains
    cashadvance.loans 2,500 USD 2017-09-03 Pvt Sale
    banking.loans 5,000 USD 2017-02-03 TLDPros.com
    money.loans 2,499 USD 2017-01-26 Select.Auction

    If you had 100 of these, you may have let go of some of them too soon:xf.frown: Both God and Good Luck to you my friend.
     
  24. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO VIP

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    I don't own any G's I don't think. I've only ever considered buying Business.Loans.

    I didn't focus on just the 3 that were plural. I didn't mention Properties.Loans...Instead I mentioned HouseEquity.Loans which perhaps was helpful?

    Other names like Lien.Loans don't make much sense to me either and there is no sales data for those two keywords but I won't mention any others because I was only trying to help.

    If it's not helpful then I guess I shouldn't have wasted my time. I sincerely wish you all the best with your investments. You're a nice guy and I certainly don't want to offend you in any way.
     
    Last edited: Mar 9, 2018
  25. DnameAgame

    DnameAgame BrandPlease.com, see [email protected] BuyNa.me Gold Account

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    For the record I love new GTLDs - too much... but I focus on the names that make me money (.coms for the most part) and invest in others with "extra" funds. I have DotCom.Domains, DomainName.Help, I even have BackIn.Black.
    And HAHAHA on the Good edit - I never notice changes HHAHAHAHA
     

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