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advice Would you buy a .com of a former business?

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I have found a domain avail for hand reg in a very competitive space with an anchor keyword. There are very few hand regs avail with this anchor keyword. Doing a google search, I identified the name was previously used by a firm that has since went out of business (>7 years ago). Would you buy such a name? Do you believe an end-user would re-cycle and re-use a name that was previously used by another firm (that ultimately went out of business)? Or should I just avoid it?
 
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AfternicAfternic
That would have to be determined on a case-by-case basis. There is no simple "yes or no" answer otherwise.

my opinion
 
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This reminds me of taking โ€œexpired trademarksโ€ in the U.S. Patent office.

Seems gray area, probably frowned upon, and it may come to bite you back; but, it seems like the best way get โ€œbacklinksโ€ for next to nothing.

DM trusted NPers domain; DO NOT POST it here; It will be gone faster than flash; if post it publicly.
 
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DM trusted NPers domain; DO NOT POST it here; It will be gone faster than flash; if post it publicly.

Tru dat
 
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I have found a domain avail for hand reg in a very competitive space with an anchor keyword. There are very few hand regs avail with this anchor keyword. Doing a google search, I identified the name was previously used by a firm that has since went out of business (>7 years ago). Would you buy such a name? Do you believe an end-user would re-cycle and re-use a name that was previously used by another firm (that ultimately went out of business)? Or should I just avoid it?

When you think about it this is what many domains are.
 
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The only time I won't touch such a name is if was contaminated with fraudulent activities and/or bad scandals
 
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If the former business is finance related I would be little more cautious, else there shouldn't be any problem as such as long you have done you own due diligence and confident about this domain.
 
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Insert the domain, including the .com, in quotes in any search engine and take it from there. Google will be the first to shout out at you if the domain has been identified as having a dubious history. You really should follow this simple procedure for all your domains.

As mentioned, almost every decent .com domain registered today is going to be someone else's drop, except the most obscure. So almost impossible to avoid some historic linkage or cross-reference. Some can make for interesting reading and a new perspective.
 
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Thanks all - good thoughts.

On another, yet similar note, let's say there was an avail .com that was in use for another TLD abroad (but not in the US). Identical industry. Would this dissuade you from taking the name? I would think an end user wouldn't want to name their biz the same thing as a foreign company in the same space (the space is global in nature).
 
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Would this dissuade you from taking the name?
No, by investing in this name, you indicate that it has value and is worth something, the target audience will be interested, imo
 
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What/who is forge?

Forget Will Smith GIF


Forge @forge
 
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Huh? What?

Dang, I've been too busy buying stuff off eBay.

But yeah, what he said! quick agree
 
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For my company I am using a domain I took over after the previous owner (a transport company) changed the name and then went bankrupt. The worst thing about it was that their secretary used her company e-mail to subscribe to various newsletters (unrelated to the business). Took a lot of unsubscribing and marking as spam to clear it out. On the other hand, 20 years later I still get transport-related queries, so it would be handy if I was in the same industry.
 
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For my company I am using a domain I took over after the previous owner (a transport company) changed the name and then went bankrupt. The worst thing about it was that their secretary used her company e-mail to subscribe to various newsletters (unrelated to the business). Took a lot of unsubscribing and marking as spam to clear it out. On the other hand, 20 years later I still get transport-related queries, so it would be handy if I was in the same industry.

That's an interesting angle I never thought of. Same industry may make leads somewhat easier...
 
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If it is available as a hand reg, then there is essentially no risk. Give it a shot.
 
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Do not look for problems where they are not. Half of domains, that were highly appreciated, were once used. If the previous owner went bankrupt, then he simply did not know how to do a good business. This does not apply to the name. If there are no blocks and other alert things for this domain, register it boldly
 
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My opinion: unless it is patently improper bc of readily identifiable or ascertainable issues (like IP or results a quick google search would reveal), its fair game. Its not an issue till they prove that it is. And even if they prove it, its debatable..
 
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And even if they prove it, its debatable..

And by that time, you are likely up Schlitz creek. Not really debatable imo.
 
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