My Piece of Advice to New or Part-Time Domainers

Elliot from ElliotsBlog.com is running some great posts right now that have advice from some of the greatest domainers of all time: Part 1 Part 2 Part 3. So i thought it would be great to share a piece of advice straight from me to everyone out there. Otherwise strike me as a retard and just read what the greats have to say :) !

One of the best pieces of advice i can give to a new or part-time domainer is to not actually be a domainer at all. Do not take that literally… What i mean is diversify yourself and do more than just buy and sell domain names. Not everyone has the capital to dive straight in and start making a great profit off the domains they invest in. I would recommended starting out by getting to know the market and watch the auctions over at sedo and other major domain auction houses.

This will in return let see what types of domains sell for at certain price points. This is valuable information to you because it can help you gauge how much money you need to break in to the niche that you are interested in. Notice i mentioned the “niche you are interested in”, i said this because the smartest thing someone can do when buying domain names for profit is to invest in what they know best. Everyone is an expert at something.

If you are buying in to a niche that you know a lot about it becomes more about the niche rather than buying and selling domain names. By using this method it allows you more options to do things with those domains if you fail at flipping/selling them. For instance if you know a lot about training dogs, buy domains that make sense with that niche i.e. DogObedience.com. Now i know to get a name like that it would take some money but it will help you in the long run to sell the domain name and/or develop the domain name.

Basically what i am saying is buy domains in a niche you know a lot about. What this does is give you more than one out for the domain name and expand your options for what you actually want to do with the name.

NamePros.com Newsletter and Meet Up

This morning i was greeted by an email i had not seen before, a Newsletter from NamePros.com. Titled “NamePros Newsletter #1″. Well in fact this is the first instance that i have seen of a NamePros.com newsletter. The newsletter itself was pretty straight forward and short. Although it was short there was a pretty awesome announcement.

NamePros 7th Anniversary Party "One Night In Vegas"

NamePros 7th Anniversary Party "One Night In Vegas"

~ NamePros 7th Anniversary Party in Las Vegas ~

Come celebrate NamePros style in Downtown Las Vegas for a domainer get together like no other before. The party starts 6:00 PM on February 7th, 2010 at the Golden Nugget Hotel & Casino.

Book your trip now! Rooms at start at just $59 a night.

RSVP on Facebook

http://www.facebook.com/reqs.php#/ev…d=110573501374

Pretty sweet to know that NamePros.com is making an effort to create a gathering of domainers to celebrate their anniversary. Although its not like a traditional meet up or conference it is more of a celebration/party from what it sounds like. There is time for meet and greets along with networking before and after the “party”. I think the best part of all besides meeting all the great domainers at NP is that all the drinks and admissions to the places are FREE, paid by the sponsors of the event. So in all reality you just have to get down there and pay your hotel, which is only $59/night.

4 Easy Ways To Generate Traffic

We all want to generate traffic to our sites whether it be a blog or a minisite. Here are 4 easy ways to generate backlinks and traffic that will help your site grow. Not only will these tips help you grow right away but they will also have lasting effects that will help you as your blog expands.

1. Social Bookmarking
I have hear quite a few people say that this is useless and does nothing for backlinks ect. Well they are right in a sense that it really does nothing in the long run for backlinks. What it does is it gets your site out there and in front of peoples eyes. I am sure most of us have experience a stumble upon traffic surge. They are nice and makes you feel good. This is kind of a short term thing and is recommended especially to newer sites. You can find people that you can pay to do this on massive scales for you. You can mostly find those people on forums like, DigitalPoint.com and NamePros.com. Also promoting your blog posts or site this way yourself is something i recommend.

2. Directory Submission
This sort of goes in the lines of Social Bookmarking. Its more to get your site out there and around the Internet than it is to build up backlinks. Although there are some directories that average quite a bit of traffic and that traffic could spill to your site if you are lucky. You can also do paid listings at some of the HUGE directories out there. It will cost you a pretty nickle but they are awesome for traffic and backlinks. Plus it looks good when you get included in one of them.

3. Social Media
Taking your social media accounts and straining your traffic from them to another source is a popular favorite among marketers today. Take twitter for example: how easy is it for people to quickly pop open a link your just posted? Especially if you have some sort of weight in your niche. So when looking at ways to generate more your site always look in to the social media aspect of things, it can be a game changer.

4. Guest Posting
Even if you are running just a website, guest posting can liven things up quite a bit. It does more than just generate good amounts of traffic. More than likely the blog or website you are posting at will allow you some links back to your site so that will generate quality and long lasting backlinks. On top of that it shows that you are serious about what you are doing. Also the most important thing is that it makes you look more established and trustworthy to be able to offer advice on another persons website especially if that person is an authority in the space.

If you have any other ways of generating quick and easy traffic feel free to post them below.

Poll: Will You Attend A Domaining Event in 2010?

domaining

domaining

Will You Attend A Domaining Event in 2010?

  • Yes (42%, 11 Votes)
  • No (35%, 9 Votes)
  • Maybe (23%, 6 Votes)

Total Voters: 26

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End-User Follow Up Response

Last week I had talked about writing to end users Professionally. I would like to let everyone in on the second round of emails that you should send back to the end user in response to interest in the said domain name. At this point you have over came the odds and the end user is nibbling on the line, so to speak. They want to see what the domain is all about and possible take a bite at it.

In this next email you want to state facts and facts only. This is when you have the chance to actually put the end user in their place. Do not give them any other option but to counter offer, accept, or leave. I am assuming most people want to make a quick and smooth sale so state a reasonable price. Put in the fair market value of their current domain and how your domain relates to that domain on a factual basis, i.e. exact monthly searches, related sale ect.

The most important part in this email is that you present a REASONABLE PRICE for your domain name. If you come back at them asking $2k i for a sub par domain name compared to their already owned domain i can guarantee you that they will walk away. I know that placing a value on a domain is probably one of the hardest things to do especially when its to an end user but you have to keep things reasonable and fair to everyone.

After you have stated the facts about your domain name and their current one there should be no reason that you do not atleast get some type of reply from the end user. I have gotten to this stage many times and i almost always get some kind of response. Everything from, “Wow that is some great information but our business really does not need that domain at this current time” to “We accept”. I really depends on the tone you set right from the beginning and they way you price your domain name.

If you have any advice or think i left something out feel free to add to this.