.tv Michigan.TV

[TheWatcher]

What do you think for Michigan.TV ... sell, renew or let go? The domain will go up to $10K/year when it drop. Currently in $1.5K per year premium.

I have a partner that is leaving the .TV business, and concentrate in .com only. We already let go some premiums GEO names, now at $10K/yr renewal and still available for the last two years after we released.

Share your thought.
Em @ king.net

 

[Vito]

Such an awesome Geo.tv

Unfortunately ($1500) is a lot of money to keep reinvesting in a dormant .tv.
and what's worse is I'm sure it will increase in renewal as soon as you let it drop which will even lessen the chance of that name ever getting developed.

If it were me, I would not hold onto it for speculation of reselling as a domain by itself.
I would take that awesome domain, try to figure out how to put a minimum amount of cash into it to semi-develop it at least so you can possibly re-coup some of your investment, and hopefully it would grow naturally.

I guess my suggestion is to keep it, only if you are going to put any time or money into it,
otherwise If it's just a part of a forgotten collection in your Portfolio, then I'd drop it.

Either way, I wish you the best w/whatever you choose to do.

 

[redbat]

You've had it launched for years. Obviously, it hasn't generated enough money to cover the $1,500 expenses. Sell it quickly to any sucker that will take it off your hands or drop it like a hot potatoe

 

[TheWatcher]

The community didn't work as I planned for Michigan, especially the growing pain of unemployment and bad investment in other cities.

I think I need to re-group and take one step backward.

 

[redbat]

OK. What about a domain like TampaBay.TV without the unemployment issues that has been launched, re-launched with Ning, re-launched without Ning, and being re-launched for the 4th or 5th time.

Here is the problems with plans. Life isn't lived on paper.

 

[MillersCrossing]

The community didn't work as I planned for Michigan, especially the growing pain of unemployment and bad investment in other cities.

I think I need to re-group and take one step backward.

Well, it seems as if the house of cards continues to tumble.

Watcher - I take no joy in telling you what I am almost sure you already know - drop Michigan . Unless u live there, have half a million to invest in marketing and are prepared to do this job 24/7 365 days a year to the exclusion of everything else until u have momentum and a six figure producing income.....

If this is not something you are able to do - take the hit on Michigan.Tv and stop the pain of dropping 1.5k per year to Verisign.

I wish you all the best in your endeavors

---------- Post added at 10:42 AM ---------- Previous post was at 10:27 AM ----------

If it were me, I would try to figure out how to put a minimum amount of cash into it to semi-develop it at least so you can possibly re-coup some of your investment, and hopefully it would grow naturally.

Essentially if I understand correctly - u r suggesting him to build a minisite or adsense site in the hope of recouping $1500 a year.

And that is what these red hot premium geos have become - a painful burden that, if you are very lucky, building a mini site or adsense site might cover expenses or even turn a small profit.

Not quite the life changing NBC/Universal Studio/ partnership, tv watching/ geo portal websites that alot of people were claiming back in the day was gonna happen.

How very humbling.

 

[redbat]

I love the word "semi-develop". Essentially do something half-a_s and become a millionare. That is domainer's dream. I would take the $1,500 and develop a Wii game "Sim Empire - Internet Version". You would have a better chance of realizing your dream.

 

[freedom30]

I love the word "semi-develop". Essentially do something half-a_s and become a millionare. That is domainer's dream. I would take the $1,500 and develop a Wii game "Sim Empire - Internet Version". You would have a better chance of realizing your dream.

...and Quixote quickly dispatched Sancho to rush to the thread until his timely arrival so that any semblance of serious discussion regarding the name and extension could be defused post haste.

Sancho blindly obeys the command of his mentor and attempts to put out the fire of intelligent conversation and alternatives. Too late, it is feared, for now his retorts echo like so much sophomoric prattle, incoherent, and seemingly falls upon the deaf ears of the hale and hearty legion of .tv investors and speculators, who all know by now of his camaraderie with the man of La Mancha, and who hath spoken not a whit of sense or sensibility since his appearence on this board.

We await thee, o dear and great Quixote, to stand strong with your valet and crush this uprising, so that we may once again focus on your tenets of the 20th century.

---------- Post added at 02:11 PM ---------- Previous post was at 02:05 PM ----------

What do you think for Michigan.TV ... sell, renew or let go? The domain will go up to $10K/year when it drop. Currently in $1.5K per year premium.

I have a partner that is leaving the .TV business, and concentrate in .com only. We already let go some premiums GEO names, now at $10K/yr renewal and still available for the last two years after we released.

Share your thought.
Em @ king.net

The deal with speculation is that what doesn't float sinks. If you are content with a site that can be developed enough to break even, keep it, as the premium will take a quantum leap without a doubt. It's all a matter of time, your time. If you cannot afford the money or time, then bid a fond adieu.

Myself, I am happy with a return that pays its keep until the opportunity avails itself to sell the product, whatever the extension.

best of luck and fortune on your business decision.

 

[Vito]

Essentially if I understand correctly - u r suggesting him to build a minisite or adsense site in the hope of recouping $1500 a year.

And that is what these red hot premium geos have become - a painful burden that, if you are very lucky, building a mini site or adsense site might cover expenses or even turn a small profit.

Not quite the life changing NBC/Universal Studio/ partnership, tv watching/ geo portal websites that alot of people were claiming back in the day was gonna happen.

How very humbling.

Everyone's pockets aren't as deep as the next person's.
Everyone's definition of success is different as others also.

Yes, I was suggesting that if he could put a minimal investment into Michigan.tv to re-coup his costs, that I believe it would be worth keeping. Not the measure of success that you suggest, but seriously If he has the capabilities to make even a portion of that money, I would hope he would be able to keep it before it becomes re-priced and more untouchable then it is now.

It is of course an investment and it is impossible to speculate on the Market 1 or 2 years down the road right now.

 

[MillersCrossing]

Everyone's pockets aren't as deep as the next person's.
Everyone's definition of success is different as others also.

I hear you. I guess a better way of putting it - is - if the strategy is to make enough money as quickly as possible to cover the $1500 annual premo, year in year out, and then see if over time it actually becomes profitable - then why start out at a huge disadvantage???

Get a relatively good .com for a one off payment of $1500 and then the pressure is taken off - you have the rest of your life to recoup your initial outlay and then anything over $10 per year is profit..

Surely - if one was looking to mitigate outlay by covering costs with a mini site - then just go with .com or a premium free .tv if you must!

 

[Vito]

I hear you. I guess a better way of putting it - is - if the strategy is to make enough money as quickly as possible to cover the $1500 annual premo, year in year out, and then see if over time it actually becomes profitable - then why start out at a huge disadvantage???

I guess thats where the deeper pockets come into play.
and of course the gamble (KILLER Geo.tv yearly fee or mediocre.com that you own) you are willing to make.

I just hate seeing these Premiums getting put back into the vault and making them that much more unobtainable for the next guy.
and hate seeing the .tv investors, and .tv extension take such a hard hit over and over again.
Thats it.

 

[MillersCrossing]

I guess thats where the deeper pockets come into play.
and of course the gamble (KILLER Geo.tv yearly fee or mediocre.com that you own) you are willing to make.

I just hate seeing these Premiums getting put back into the vault and making them that much more unobtainable for the next guy. Thats it.

Having a killer geo name with a dead geo strategy (such as just making it into a site that covers the rent) essentially makes the "killer" element of the name useless. It only becomes meaningful when you have a sound team in place with a successful proven web DEVELOPER at the helm of the project who can work the magic.

So, I may aswell go with a mediocre $1500 .com - which buys quite a bit these days (comparably) and create the mini site without all the stress.

Hope Iam making sense here

 

[Vito]

Having a killer geo name with a dead geo strategy (such as just making it into a site that covers the rent) essentially makes the "killer" element of the name useless. It only becomes meaningful when you have a sound team in place with a successful proven web DEVELOPER at the helm of the project who can work the magic.

So, I may aswell go with a mediocre $1500 .com - which buys quite a bit these days (comparably) and create the mini site without all the stress.

Hope Iam making sense here

Of course you make sense.

"a successful proven web DEVELOPER at the helm of the project who can work the magic."
Couldn't we all use a few of these.

I just hope whatever the O.P does, he ends up money ahead.

 

[GoneWalkabout]

What do you think for Michigan.TV ... sell, renew or let go? The domain will go up to $10K/year when it drop. Currently in $1.5K per year premium.

I have a partner that is leaving the .TV business, and concentrate in .com only. We already let go some premiums GEO names, now at $10K/yr renewal and still available for the last two years after we released.

Share your thought.

EM

I think, looking at the status if the name, that you have already made your mind up on this one.

My heart goes out to you if this has caused a financial loss. Hopefully, your other .TV investments fared much better and helped cancel things out.

I faced a similar decision a few months ago about several premium names I owned. I came to the conclusion that premium names are not worth keeping. Only those you are truly passionate about, and ones that can be developed at a profit or have a premium so low it is hardly noticeable should be considered for saving. In my case I went from 16 names to four - and of those four I have a plan, or am working on a plan, for each. I also got a premium as part of a block purchase a few weeks ago - but that is for the drop unless I use the time it is in my hands to find a suitable idea for its real-world future.

Sadly, Michigan, which all agree is a great name, doesn't sound as though it ticks any of those boxes for you personally. At $1500 a year renewal, if I were in your position I would simply not renew and use the money I would have spent on a much better investment/development than a premium name.

All the best with your decision

 

[TheWatcher]

Just to keep you posted.
Finster took over Michigan.TV

Cheers for now.
EM @ KING.NET

 

[Vito]

Just to keep you posted.
Finster took over Michigan.TV

Cheers for now.
EM @ KING.NET

Great Job,
The Watcher, and Finster!

Another breath of life for a Killer Geo.tv, before heading to the Premium renewal graveyard!

Congrats!

 

[snoop]

Put the name up for auction, if it doesn't get anything (which I think is likely ) let it drop.

Yes, I was suggesting that if he could put a minimal investment into Michigan.tv to re-coup his costs, that I believe it would be worth keeping.

It looks like that has already been tried. It would be a big mistake in my view to sink more money and renewal fees into it. $1500/yr sounds unsustainable for a domainer, even to get it up to $125/month in revenue won't be an easy task (breakeven on the renewal).

$4500+ has likely been lost, draw a line.

 

[Jeff]

:hi:

Em ... you can now keep Michigan.TV; no more oppressive "Premium renewal" fees! :yell:

Congrats,
Jeff

 

[snoop]

:hi:

Em ... you can now keep Michigan.TV; no more oppressive "Premium renewal" fees! :yell:

Congrats,
Jeff

I don't think there is any news yet on what will hapen to already regged premiums. Personlly I'd be surprised if Verisign moved them to std renewal because it would mean lost revnue but you never know.

 

[Jeff]

I don't think there is any news yet on what will hapen to already regged premiums. Personlly I'd be surprised if Verisign moved them to std renewal because it would mean lost revnue but you never know.

Sooo confusing ... but I sure hope folks like Em can now keep their beloved "Michigan.TV's" (now with just ordinary, inexpensive renewal fees going forward), IMHO. :hearts:

Best,
Jeff