Make money with domains

Domains cost anywhere from $1.99 to $30.00 per year (most domains, .com, .net ...) when bought from a domain name registry ... some domains though have privately (or through auctions) sold for much more than their owners have paid for them !? For the record I am just stating that sex.com was sold for $14Million. why is that ? because not all domains are created equal ... .com .net .org .biz and a few others are easier to remember and more "valuable" to have ... some vocabulary words are also easy to remember and are also "valuable" ...

I am not really an expert to talk about what is valuable and what is not, take a look at what sells and at what prices on domain name journal or find lots of more information on the namepros forums.

Here is my take on domain names and the business of buying and selling.

Lets say you wanted to the same: buy some great domains in the hopes of selling them for great price later.

The idea is simple. Buy a domain and put it for sale at one of the auctions (sedo.com, afternic, tdnam.com, moniker.com etc) and wait for someone to buy it .... well the idea is simple but the odds are not in our favor. Why ? For once most of the sort names have been bought, I believe all the dictionary words have been bought too and now its the turn of two or three word phrases to become extinct (for some strange reason, domains with numbers are not much sought after ?!?) ... second you have to think of the costs involved ... surely one .com domain costs around $8/year (that is how much I pay at least) but if you are planning to do it seriously one domain wont do. People buy portofolios of what they think are great domains (in the thousands) in the hopes of selling one or two to get even or make a profit ...

Well no matter how many domains you want to buy do some research before you buy. See the trends using the google trends, check the search frequency of some of the phrases or keywords you are concentrating on, you can use one of my tools search engine queries estimates which is based on the overture keyword database.

After you have in your posession some domains you have a few choices while waiting for them to be sold.

  • You can post them on auctions and start advertising your willingness to sell the domains.
  • You can park your domains and get "some" money if people hit on the ads while visiting your domain
  • You can actually develop them into full fledged sites.
  • Can rent your domains or partner with someone else that develops them, while you keep full ownership of the domain
Each one has its own advantages.

If you have a domain that everyone would be intrested in buying, the first option is probably enough; soon enough (with a not much advertisement) you can probably get a good deal.

Parking is not for all domains; if you domain does not get type-in traffic (type-in is the traffic are the people that think of a search query and instead type it with a .com or another extension at the end) then parking it won't be of any value. Most parking companies actually forbid you from linking to your domain while its parked.

Developing the domains is probably the choice of domains that are not so "hot". You can do it yourself or have someone do it as a partner. No matter how its done you should never give your domain registries passwords away to someone that you don't trust; learn how to assign DNS settings yourselves, its not that difficult.

Some closing thoughts:
  • Most "good" sort/keyword rich .com .net etc have already been bought: focus on country top level domain names if it makes sense.
  • Buy a name that even if you are stuck with, you have some idea on how to develop it into a website; As a matter of fact you can always develop your newly registered domain, a developed domain will most probably be bought for more than an underdeveloped one.

Looking for guest bloggers

The time spend in writing articles on this blog is becoming very scarce lately thus the need to call for anyone interested in guest blogging once in a while ... and I do need a fresh voice in this blog ...

Only requirements are:
Be someone who is related to the field of making money online and be able to write original stuff and not just copy and paste from other sites and be inline with the rest of the material in here ...

If you think you have this just:
- Post or PM me some original work that you have done
- and/or send me the article that you want to be included,


Why would you want to guest blog here ?
1. Can be my friend (priceless )
2. You will get 2 permanent links at the end of each and every article that you write,
3. site might be PR5 soon
4. Can actually pay a bit of money if you become a regular poster ($$)
5. get exposed to my regular audience

Hope I covered everything that needs to be said, but if you have more questions please post them here.

LAZYSEO.com: Automatic Directory Submission That Works!

Another scam !!

Well this is not exactly a scam but a case of a service that does not deserve the price of $19.95/month that it sells for; it does not even deserve 1penny if you ask me ...

The person behind the service though is a big scum ... let me explain.

I first encountered that service in may of 2007 on the v7 forums and it sounded like an interesting deal. I would pay $20 a month and then I would automatically submit all my sites and my client's sites to more than 300 directories with a push of a button. This part is true; you can actually submit as many sites to all the directories included. The problem lies in the fact that the service does not have very detailed categories for the user to choose from ... it only has top level categories and very few secondary/sub categories. Minor problem you might say but, apparently it was not minor at all. If you ever submitted to any directory you would know that the top most reason submissions get rejected is submitting in the wrong category. As a result of this non detailed automatic submission I received 300 or so emails rejecting my submission ...

Well to clear things up, nothing so far was/is a scam, lazyseo.com is just a worthless service.

The scam lies in what followed my failed submission ... (stick around for the finale)

Once I discovered that the system was not worth anything I decided to at least send a support request so maybe the tech people could actually include a more detailed category structure and have some luck with any subsequent submissions. 2 or 3 support requests and a few PMs (personal messages) on the V7 went unanswered !!! Such a newbie I was, I forgot to actually cancel the service through the paypal interface before the beginning of the next billing cycle so I was actually charged twice for the receipt of those 600 rejection emails ( I submitted 2 sites altogether)

As soon as the 2nd subscription took effect on the beggining of the new billing cycle I realized how dumb I was ... I called up paypal and explained that it was only a few minutes that the subscription had been in effect and that I did not intend to use that service ... but I only ended up spending some more money on that phone call ... (paypal customer service could not help me)

I finally decided to contact the person that I actually paid my $40 to. Katherine Keleher. I did verify that indeed this was the person the domain was registered too.

Katherine Keleher
4 Seafare
Laguna Niguel, California 92677
United States
gobulldogs@cox.net
I send an email explaining that I had only used the service twice (for just 2 sites the whole month) and that I did not intend to use it anymore and that I thought that I deserved as a refund the whole second month + at least 1/2 of the first month's fees. Two emails were needed in order to get her attention (Katherine). On the second email she answered that she did understand my position and promised that she would issue a refund on the transaction as soon as the system allowed her too. Bullshit!! I confirmed with a paypal representative over email, that no such kind of restriction existed on the system in general. In the end she could have issued a payment to my account if she indeed wanted to refund my money.

You got to live and learn. Be warned.

Directory submission service scam

Sometimes I don't have the time to do my own submissions but this time I was just lured by the fact that 1500 submissions to free directories would only cost me $20 ; This $20 would save me lots of time so I could focus on other stuff that I had neglected recently ... the deal was spotted on DP and there was no way I would miss it.

The story
The thread was created by TheZer0Group and was new (5-10 posts), so I thought to myself that the guy is a new kid on the block so he is offering this nice deal in order to get some customers that will leave a good comment on the thread. So without wasting any time I send the money and the details of my submission. The thread started to gather some questions from potential buyers but the answers coming to think about it did seem professional answers but I did not suspect anything at the time.

The story continues with one day passing and no sign of any submission emails from any free directory. I usually setup email filters on gmail for each submission that I do so I can easily spot the progress at any time; and so I did for this project. The next day I send the guy a reminder PM that I did not see anything and he confirmed that my submission order was next in line ... actually an hour later I did receive about 7-8 email confirmations refering to the submission in question ... so this together with the fact in the thread it was mentioned that the orders will not be done all at one shot help me rest assured that everything was going OK.

Next day I did not receive any email confirmations so I decided to send him a second reminder that read that if he did not intend to do any more submissions he should refund my money. Without answering my PM he probably did a few submissions more, since later on I did receive a few confirmations of submission. I was assured again that maybe I had mistaken the guy for a fake.

The following two days I did not see any confirmation action in my email and I send a couple of reminders by PM to theZeroGroup ... but I was too busy running other choirs to notice that I did not receive any answer. The fifth day though, I was sure that there was not going to be any more submissions and that I had probably lost $20.

I posted a message on the thread asking if other customers had there orders completed and people started slowly realizing that this was a scam.

Disputing the service on Paypal
My immediate reaction was to start a dispute on paypal and see if I could get a refund from that scum of a person. On the paypal dispute form mentioned that the service was incomplete and chose the category to be services, and added as reference the thread in DP and mentioned that I did try to get in contact with this person but without any success ...

A few minutes later I did receive what seems like an automated response

Our investigation into your claim is complete. As stated in our User Agreement, the claims process only applies to the shipment of goods. It does not apply to complaints about the attributes or quality of goods received. Therefore, we are unable to reverse this transaction or issue a refund.
So no refund for quality of goods received, that is what a bad service amounts to.

The moral of the story
If it sounds too good to be true it probably is (as ishan mentioned on the thread). One more thing I learned from this is paypal does protect the seller of services and we should be aware of this when paying for services through paypal.

I should close this by saying that the details of this person (as paypal has them recorded) are:

Name: William Jones (unverified)
Email: williamindia @ safe-mail.net
I doubt that he uses this email in general and I doubt that this is his name. But who knows maybe someone knows a little something about this person ... or maybe he tries to pull this off again under the same personal details ...