What is Domain Name?

Simply it is the address for your home in virtual world (online indeed). Usually

It just like www.Tacliq.com

Tacliq is domain name

And the next is called top-level domain (TLD) name, which is always three or more characters, or maybe a two-character territory code based on. Top-level domains are sometimes also called first-level domains.

Example

.biz · .com · .info · .name · .net · .org ·

And some are

.aero · .asia · .cat · .coop · .edu · .gov · .int · .jobs · .mil · .mobi · .museum · .tel · .travel

Private advices : if you want to buy any domain name, choosing TLD “ *.com “ is better solution.

Car insurance and operating in Mexico data for visitors

If you plan to go to Mexico it is significant to have insurance coverage for your travel, as Mexico doesn’t accept foreign vehicle insurance in the event of an accident.

While you often see insurance proffered in frontier towns, the coverage you possess is very important and has to be surveyed thoroughly, in the case of an accident, what the insurance covers is just as significant as the fact that you possess it.

While buying Mexican insurance is pretty simple and may be proceeded online, it is significant to check the validity of the firm before practically purchasing the insurance.

While finishing research, you have to make sure the provider is properly certified in addition to how their client service center works in event of an accident.

One extremely significant thing to take into account when buying a Mexican car insurance coverage is the ability of the company to return the claim.

It is not unusual for a broker to be the policy provider. Nevertheless, the practical claim is returned by the Mexican insurance provider guaranteeing it.

Also, all coverages have to involve the provision of a claim regulator or lawyer as part of the insurance. With Mexico being under Napoleonic law, it is pretty possible that you might be considered at fault until proven innocent in the event of an accident, so it would be wise and sound to have anyone familiar with Mexican law at your side in the case such situation arises.

When surveying the alternatives obtainable for cheap auto insurance in Mexico, you will find some insurance very similar to those you keep on your existing vehicle coverage. On the other part, Mexican policy also proffers coverage not generally an alternative, or considered, in your usual insurance.

In the event of an accident, while Mexican amenability coverage can involve Civil Liability Insurance (maintains you in the case of physical or property injury), Guaranteed Bond and Legal Assistance (supplement of assistance necessary to deal with Authorities), Travel Assistance (involves medicinal help vehicle towage and basic data), Medical Expense for Occupants (medicinal expenses for the driver and passengers, normally involving uninsured or underinsured drivers), Property Damage to your Vehicle, Waiver of Deductible (impact), Vandalism and Increased Cost of Repair (covers a greater work rate per hour), Total and Partial Theft. While the above-mentioned are thought of as “standard” alternatives, coverage changes from company to company, and not all are an alternative when choosing cheap auto insurance.

Supplementary things to be taken into account when an accident befalls while driving in Mexico is the probability that you might be held financially liable for any injury and medicinal expenditures plus financial assistance till recovery.

While thinking of insurance or its lack, it is significant to comprehend that accidents in Mexico are much different than what the standard American individual is used to. Most American states afford moving cars off the main path in the event of a small accident.

In Mexico, this isn’t allowed. Autos have to remain in place till the police arrive to define if damage has befallen and who might be guilty. This may as well involve confiscating your carrier for further delimitation. Thus the significance of getting a policy that supplies a regulator or lawyer as part of the package.

Before your Mexican driving travel starts, auto insurance has to be at the top of your do-list in things to purchase for both financial peace and peace of mind.

Which Life Insurance Is Best?

Life insurance usually divides in two types. Some of us usually wonder which one is the best life insurance, how to stop ourselves from making a mistake of choosing the wrong deal. Let us present you two of those for you to compare and see for yourself.

Term Life Insurance

Advantages

  • It’s very affordable. Term life is the most cheapest life insurance. Its reasonable rates give people a chance to purchase policies with larger face values than they could otherwise afford.
  • It’s very easy to buy. The most important thing here is to figure out how much you need and how much time u will be needing it … then shop around a bit to find a good rate.
  • It covers a temporary need. Keep in mind, best life insurance is meant to provide for your dependants as well. So think about them too.

Disadvantages

  • It expires. There’s a dark side to the expiration date of term insurance. The older you are, the stricter the term market is going to be to you: If you’re not in good health, you might not be eligible to apply for coverage at all.
  • If you cancel or outlive your policy – you get nothing in return. That means you will have paid thousands of dollars for a policy you didn’t ever get to use.

Whole Life Insurance

Advantages

  • It’s permanent. Provided you pay your premiums, year in and year out, whole life policies never expire. Since death is one of the inevitabilities of life, with a whole life policy, you know you’ll have something to leave behind for your heirs.
  • It’s forced savings. Whole life policies don’t come cheap, but that’s because whole life policies build up a savings account that grows tax-deferred, and which can be tapped in retirement.

Disadvantages

  • It’s rather expensive. Not everyone will be able to afford the premiums required to obtain the amount of coverage they need. People collect their pennies for the first couple of years of a whole life policy only to ultimately find they can no longer afford the bill.
  • Shopping around for the right policy will make your head spin. Whole life policies are very confusing and often sold based on attractive illustrations for how much the insurer intends to pay in dividends over the lifetime of the policy.

The rest you need to decide for yourself. Make sure you choose the best life insurance plan.

Answer for Arua

Hi,
I was on this  page http://www.dnaglobalcapital.com/how-to-make-money/etc/trouble-selling-your-domain-names.htm#more-211 of your and wanted to sign for Chef Patrick’s newsletter as suggested, I was not able to locate the link on the top left as you said, kindly give me the link.
Thanks

Arua

O hai Arua nice to meet you. You can check it at useful link in category and find DnKitchen.com. The Chef cooks there. Except Dnkitchen you may check another forum and the nice thing is if you want to be domainer, yahoo still sell it in $1,99 for the first year so make sure to sell it before one years ( there will be 60 days before you can transfer the domain name )

John

Domain Sales MACHINE!!!!

Once in a while something comes up that may just change the way you think:

The Domain Sales Machine

As long as I have been domaining, I’ve found that the most difficult part is making those sales. WIth Estibot and other tools, it’s not that hard to find good generic keyword domains, but it’s hard to keep up a sufficient monthly revenue from domain sales. I have made some individual nice sales, but they are few and far between and usually I can’t count on making enough sales to maintain a steady income stream.

From the emails I get from Estibot members, I know that many of you struggle with this too. You have these nice names, but no one seems interested in buying them. I’ve been there.

Another big question is, how to spot the really good names? What is it in a domain name that makes it sell?

Some people seem to succeed in this game better than others. A colleague in the domain name industry, named Mickie Kennedy, got into the game rather late, just like me. But the difference between us is that in the past 3 years or so, he’s made $2.5 million profit from his domain name sales. That’s right, $2.5 million dollars, and that’s a confirmed fact.

And here’s the thing…he doesn’t own any single-word dotcoms. He has made most of his money from hand registered domain names and cheap expired domain auction wins. He specializes in bulk sales and keeps a low, attractive price tag on his domain names. He doesn’t cold call or do any other unpleasant salesman work. He’s got his own system for selling domain names. Anyone who’s seen him work and make sales has come out not only amazed but a lot smarter.

The good news is, he’s just released an e-course in which he reveals his system completely, taking the subscriber through the necessary steps to set up an effective system for selling domains. It’s recommended by many industry professionals, including Matt Rosebrook, SEDO Domain Broker, and features among other things weekly exclusive available domain name lists produced by my collaborator and friend Bill Eisenmann (aka NameClerk), of AvailableDomainNames.com fame.

Bill has previously been privy to some parts of Mickie’s system, and Bill says, “I spoke with him last year and was blown away with how he works. He has a system he uses that maximizes domain sales and unloads the bulk of his domains before they near their expiration date. He only gave me bits and pieces of his system but I adopted much of it to my current sales process. The result: thousands of dollars from domains I normally would just let expire.”

Mickie calls it the Domain Sales Machine. It’s not magic, but it’s damned smart, and there is a wealth of important information and secrets in his e-course. I have bought a subscription for myself, and I recommend it to Estibot members. If you’re serious about domaining, and want to make actual money instead of letting your domain portfolio just sit there and lose money, maybe it’s time to learn from those who have proven themselves in the industry. I know I will personally pay very close attention to what Mickie has to say, and hope that it will transform my domain portfolio into a money making machine.

I’m happy to say that Estibot will also be featured in the e-course, as one of the tools for finding domain names that sell.

Take a look in here

Estibot Free Appraisal

Over at www.EstiBot.com , they have just come out with a new tool. If your not familiar with EstiBot, it is an “Instant Domain Name Appraisal Tool”. Although the appraisals it gives aren’t always 100% accurate, it give you great information about the domain name, and more.

The new TDNAM tool is pretty nice. You can type in a keyword, and it will automatically display domain names that are for sale with that keyword. It also shows the following:

  • Time Left In The Auction/ Sale
  • Traffic
  • Bids
  • Price
  • EstiBot Appraisal
  • Keywords
  • Overture
  • Wordtracker
  • Alexa Rank
  • Backlinks
  • PageRank
  • Google Results
  • # of Advertisers Using The Keywords
  • Maximum CPC The Advertisers are paying
  • Availability Of The Domain In .com . net .org .info .us .tv

This tool is still in “Early Alpha” stage, so you might come across a few bugs, but I have found that it is working great!

You can check it out here: http://estibotpro.com/auctions/

-Jake

Teendomainer.com

Rick Latona – Domainer Of The Year >take a look

Tacliq got this from Dnkithcen.com visit the web for more information.

Here it is…. ( MUST READ!!)
rick latona 215x300 Rick Latona   Domainer Of The Year >take a look

After my interview with Rick Schwartz someone asked me to interview Rick Latona. Well, I have come through again. I have been asking Rick for months to do an interview, I must have caught him on a good day last week because he finally agreed.

Besides being the 2008 Domainer Of The Year, Rick is the LARGEST domain broker in the world and most recently has been added to the TRAFFIC auction events. In his first TRAFFIC auction which was held in Brooklyn NY only two months ago Rick’s auction brought in roughly $700,000. We will find out very soon if he can top that, next TRAFFIC event is in two weeks which will be hosted in Australia.

OK, lets see what Rick has to say about some of my questions.

Q. What is your educational background?
A. I dropped out of high school when I was 16 years old. I do not regret my decision but at the same time do not endorse someone else dropping out of school. In my circumstance, I’ve read thousands of books since. I’ve made up and then some for any lack of education except for areas like math and science which are entirely too boring to study on your own.

Q. When did you start domaining and why?
A.
I’ve been “into” domains since 1995 but didn’t trust my instincts and didn’t act aggressively about them. During these years I acquired many premium names which I later sold like Dollars.com and Spanish.com but I could have had thousands of them. A story I’ve told before is that my sister told me it would be unethical to register domains if I didn’t need them so I didn’t. It took me ten years to stop resenting her for that and take responsibility in my own decisions.

Q. What did you do before domaining?
A.
With the above question answered, I believe my domaining career started in 2004. It was during this year that I started DigiPawn.com and really following the aftermarket. During the late 90s and the early part of this decade I spent time in the hosting business where I held founders shares and helped take Interland, Inc public, now Web.com (NASDAQ WWWW). I’ve also owned and operated a myriad of websites. Some I’m proud of and some I’m not so proud of.

Q. How many domain names do you own? Want to share any of them?
A.
Currently I have around 40,000 names. I’m always reluctant to answer this question because I buy and sell names so frequently. Anyone can get a snap shot of names I own by subscribing to my newsletter at RickLatona.com.

Q. I asked Rick Schwartz this question, have to ask you. What do you drive? I know you have that classic Lincoln that was on your site before, what else do you have?
A.
I have a 1965 Convertible Lincoln Continental, a 1958 Corvette C1 (convertible of course), a 2005 Bentley Continental GT and a 2006 Range Rover SC.

Q. What is an average day for you?
A.
I often tell people I answer emails for a living. Somehow, answering emails for 10 hours a day I direct a dozen companies and get everything done.

Q. I see on your blog different travel spots, where is your favorite place to travel?
A.
I like adventure travel like climbing mountains, snowboarding, surfing and the like. You wouldn’t notice it by looking at me because I’m not a model for physical fitness but where there is a will there is a way!

Q. Do you spend any time in the domainer forums?
A.
I stop by all of the major forums to search for my name and my company names from time to time to make sure I don’t need to defend myself. Other than that, I stay away. I think blogs and forums stunt your ability for original thought. I don’t want to find myself registering random LLLLs because I read a 20 page thread that everyone else is doing it.

Q. Imagine starting out as a domainer today, what type(s) of domains would you register?
A.
I hand registered 4000 names in the last 30 days. I am finding new ways to make money on HR names all of the time. You’ll find out what I’m registering now, years from now when I’m trying to sell them. I can give you a clue though, they are all .com names or ccTLD names. I never touch mobi, info, biz or alternative gTLD names. ccTLD names have a lot of growth potential.

Q. Do you use any tools to register your domain names or search for new ones?
A.
I have my own custom built tools that I use. I can’t go into details.

Q. What are your thoughts on short domain names, 5 characters or less?
A.
For the most part, they don’t justify their value. Right now I’m selling cr.com which makes sense because it gets a lot of ccTLD typo traffic. That’s a big part of why LLs make sense. The idea that any LLL.com is worth at least $4,000 is ludicrous to me. Just because someone might have those letters as an acronym doesn’t mean you are going to make a killing on that name. LLLLs make even less sense. Again, this question is a product of board manipulation. I suggest you and your readers come up with your own independent ideas and to do that you might need to close your laptop and take a 2 hour walk around the neighborhood.

Q. How would you recommend an average domainer sell their domain names?
A.
They should start by buying names that are sellable. You wouldn’t believe the amount of crap that I have to look at every day. My father used to tell me that when he bought raw land to flip he wanted to make sure there was timber or something on the land that could pay for the mortgage payments if he wasn’t able to flip the deal. Think about that. Don’t buy a name you aren’t willing to own if you aren’t able to sell it.

Q. On your site you say you are the largest domain broker in the world. How did you build your client list?
A.
It pays to advertise. I’ve made some big moves. I have two page ads in Website Magazine and Internet Retailer. I’ve also sponsored message boards and more. I’m getting about 100 new subscribers a day to my newsletter at this time.

Q. How do you put a price tag on your domain names?
A.
Years of experience. I buy and sell so many names I don’t think anyone could appraise a name better than I could.

Q. What is the most profit you made on a single domain name?
A.
I’ve done a bit of deals that made in the high xxx,xxx range. I’ve yet to crack 7 figures on a single deal but I’m not greedy. I believe that pigs get fat and hogs get slaughtered.

Q. How much do you make every year, six figures, seven figures?
A.
Use your imagination.

Q. How does it feel to be named 2008 Domainer of the year?
A.
It feels great! I don’t think there is any bigger honor than your peers selecting you as the best for a one year period. I’m incredibly proud of that award.

Q. How is aeiou.com coming along? The company is somewhat new to my understanding but creating a very nice buzz. Are your clients making a good return on their investment with you?
A.
I’d like to think they are happy. If your name has the right keywords in it we can make your name make more money. I’m my biggest client. I spend a lot of money every month putting mini-sites up on my names.

Q. Is there anything else you want to share or words of advice?
A.
That’s about it. I’m off to Cairo this weekend to attend the ICANN event then to Australia for my next auction which is on the 20th. I’m always announcing new projects. The best way to stay informed is to keep an eye on RickLatona.com.

yup have read this all? what do you think?

after reading this all just make me think if Rick Latona could get $ x.xxx.xxx ( he was a drop out ) how much he will get if he graduate the collage? ( $ xxx.xxx.xxx.xxx )

How to Sell a Domain Name

This article if from lord Brar ..so make sure to sneak at his link below.
lord brar1 How to Sell a Domain Name

Author: Lord Brar

6 Feb

Please Note – This Post is Work in Progress and We Will Keep Adding More Tips and Ideas. Click Here to Get Regular Updates.

One of the joys of being a moderator at one of the most popular domaining forum — DNForum — is that you get swamped with private messages from people. One of the question which I get asked the most is How to Sell a Domain Name.

In this post I am going to talk about the strategies I use to sell a domain name or website. Let’s get started, shall we?

Two Important Things

There are a few things that I must tell you before we get started.

1. DO NOT buy any eBook — I have read most of the eBooks currently available in the market and they are mostly useless and provide obsolete information.

2. Subscribe to DomainingTips.com Newsletter — As the moderator of one of the biggest and most influential domaining forum (DNForum), I have access to some of the biggest players in the industry.

Subscription to the newsletter is absolutely free and you also get a free copy of my guide “8 Things You Must Know About Making Money From Domain Name”. Click here to subscribe. You will be glad that you did.

Selling a Domain Name – Know Your Market!

There are two kind of people who buy domain names — 1. Resellers and 2. End Users.

Resellers are the people who buy domains and sites with the sole purpose of reselling them. They are not interested in keeping their inventory forever and are, usually, not interested in developing the domain name.

End Users are the people who are interested in developing and running the domain. Unlike resellers, they plan to use the domain for development or promotion purposes and don’t plan to sell it as soon as they find a buyer. An end user can be an individual or a company.

Selling a Domain Name – What Actually Sells

A lot of times people will list a domain for sale and get discouraged when no one makes an offer or buys what they are selling. Most of the times it turns out that they were trying to sell to wrong people.

Let’s see what actually sells and who buys it.

1. Generic Domains. These are domains like hotels.com, cars.com, search.com, poker.com, loan.com, coupons.com etc.

The reason why these domains are valuable is because a lot of people will never use a search engine to find things but instead just type [keyword].com — which translates into highly targeted traffic.

End-Users pay big bucks for these type of names. Resellers are also willing to offer big bucks for them in hope of selling them for even bigger bucks.

2. Revenue Domains. These are the names which make revenue from parking traffic. If you have this kind of domain then resellers would totally jump at it and offer you 12-15 months of revenue for it.

3. Brandable Domains. These are the brandable names like NewYorkHotels.com or MiamiRealtors.com. The target for these types of domains is usually end users. Resellers don’t shell much money for them usually.

4. Developed Sites - There is yet another category which is domains with websites. They are much easier to sell as they usually have traffic and revenue attached to them by the virtue of their search engine rankings.

Resellers buy sites which don’t take much effort to run or promote. End users look for sites with long-term potential — which may even mean putting effort into running the site or promoting it.

Selling a Domain Name – Top 5 Ways to Sell Domains

Now you know the kind of domains which sell and who buys them, however, the bigger question is where to sell them. Let’s talk about various ways –

1. Domain Forums. Domain forums are the most popular way to sell domains. Places like DNForum (one of the biggest and most influential), SitePoint, WickedFire and NamePros (mostly newbies hangout here) are popular to sell domains. However, the people who hangout on these sites are mostly resellers and only a small proportion are end-users.

2. Online Auctions. There are lot of online auction sites like sedo.com where you can sell domains and you can even auction domains on forums like DNForum.com.

eBay also has a domain auction section, however, it is usually the newbies which make up the bulk of audience there and it is turnkey sites and cheap domains which sell best there. There have been a lot of reports of scams on eBay — therefore, I don’t recommend selling on eBay.

3. Domain Brokers. These are the people and companies who take a percentage cut — usually 15-20% of the final value — for selling your domain.

If you have a good domain which you hope to sell for bigger bucks and are ready to pay to brokerage, it is usually a good idea to involve brokers. They usually have lot of contacts and experience in selling domains. Think of them like real-estate agents except they focus on virtual real-estate.

4. Live Auctions. This is a newer trend where companies like Moniker.com are conducting live auctions for domains at various industry events. This is where a lot of end users and big guys hang out and where the big-buck deals take place.

Obviously, these companies are choosy about the domains that they include in the auction. However, you should never hesitate to submit your names for auction — you never know it may sell. Newsletter Subscribers will get regular updates about upcoming auctions and submission deadlines.

5. Everyone You Know. Tell everyone you already know — including your old customers and your friends — that you have a domain for sale. There is a chance that they themselves or someone they know may be interested in your domain. I have sold a whole lot of domains this way.

This was something which I never used to tell earlier, however, when I told it to some of my friends who had the same clients as me, I found that it didn’t make much of difference to my success rate. I found that success rate with this tactic depended on lot of factors which I regularly talk in the newsletter.

Selling a Domain Name – Final Word

I hope you found this guide useful. If you have any comments or suggestions, feel free to contact me by email (lord [at] lordbrar.com), AIM (lordbrar) or MSN (lord [at] lordbrar.com). You can also check some more tips on How to Sell a Domain Name.

6 Ways Not to Go Broke Developing Domains — Lessons That I Have Learnt the Hard Way.

lord brar11 6 Ways Not to Go Broke Developing Domains — Lessons That I Have Learnt the Hard Way.

Author: Lord Brar

11 Apr

clip image001 6 Ways Not to Go Broke Developing Domains — Lessons That I Have Learnt the Hard Way.

Ever since I made my Domaining Strategy post, I have been getting a lot of comments and questions from you all. First of all, thanks a lot for your comments and messages — that is exactly what keeps me motivated to write here.

Most of the questions which you have asked will be covered in upcoming posts about traffic, revenue, outsourcing, hosting etc. In this post, I am going to answer two important questions -

1. How to minimize your development costs?
2. How to Scale-Up this strategy?

This post will be one of the most important — if not the most — posts in the series as it describes the mindset you need to succeed in the game. These points are essentially derived from my own experience developing domains over the last 9 years — so yes, they are street-tested.

Let’s get started, shall we?

Tip #1 – Know Your Niches

This is perhaps the most important tip I can ever give you — Focus on niches you already have an interest in. This will make your life a lot easier, fun and profitable. To quote Diorex from WickedFire -

I dont think that unmarried college age guys are going to be rockstars at promoting a menopause product or even a baby shower list. Look to your life experiences for things you naturally know a little bit about. Sure you can learn, but why set yourself up for a longer more difficult road.

.

I’d also quote Hugh MacLeod from his HughTrain Post

clip image002 6 Ways Not to Go Broke Developing Domains — Lessons That I Have Learnt the Hard Way.

Even though the niche you are interested in may not be as profitable as pay-day loans or credit-cards but it would be easier for you to know what people really want and dominate your niche. This would translate into much higher overall profits and you’d have fun doing what you love.

PS: I have some finance domains lying around which I just can’t get myself to research into and develop! If you have an interest in grabbing them cheap, give me a holler.

Tip #2 – Think Small. Seriously.

It is particularly important to remember that you cannot satisfy everyone at the same time. If you try to do that, you end up disappointing everyone.

So, don’t try to build general-purpose and “one size fits all” kind of sites. TO make such sites truly spectacular you’d need a lot of resources — which should not be your objective.

Let’s say that fitness is one of niches I operate in. To build a general fitness site covering topics for both men and women would be absolutely crazy on my part. If I focus on Men’s Health, that would be better and easier for me but it would be very broad subject and still require a LOT of resources to create good site in.

What I would do is that I’d split the niche into further niches — building abs, reducing fat, dieting, bulking up, upper-body exercises, stronger legs, sports training, cardio-exercises, aerobics etc. — and build separate sites for them. This would make it easier for me to build the site quickly, promote my sites more easily and get more targeted traffic.

Now, I am not saying that you cannot build sites on broader topics — I do it all the time. But, be prepared to put more resources and energy into them. I have a lot of broad-niche sites but I have even more sharp-niche sites.

Tip #3 – Use “Out-Of-Box” Solutions

Don’t re-invent the wheel. If there is some “out-of-box solution” available for what you want to do, use that — even if it means some lost functionality, you will be saving tons and tons of money and/or time that you would have to spend on programming and design.

Most of the times you will be able to find a free open-source solution, all you need to do is look hard enough.

For content management use WordPress or Joomla and use free or cheap templates to change the look. For forums you can use vBulletin or PhpBB. Photopost PHP or Coppermine get the job done for a photo gallery. vBulletin will also take care of your Social-Networking needs.

Use a site like HotScripts.com to find out the various available scripts. You could download and install the script on your server — most of the times Read-Me files are detailed enough.

If you are not comfortable doing it yourself, hire a freelancer — but read Tip #5 before you do. Also, don’t use any third party hosted services except widgets and analytics.

Basically, the whole objective here is to use the already existing free or cheap tools to build your website.

Tip #4 – Re-Invest into Your Domains.

Start milking revenue from your domains right away by using affiliate links, CPA links, Google AdSense et. al. Contrary to the popular belief, sites CAN make money from low but quality traffic.

To give example of one of my own sites, it got only 8 visitors from search engine and made $147 in affiliate commission.

So, optimize your site for revenue right from the start — even though you may get only small amount to traffic initially, but you don’t want to waste it.

Now, whatever money your site makes, re-invest at least 75% back into the domain. Promote the site, get professional content written, buy new software or get custom scripting done — but, reinvest the money to grow your site.

Remember – your site’s revenue is not your pay day but rather your pay day will be when your 25% becomes substantial or if you ever sell the site.

Tip #5 – Freelancers Will Screw You

Or at least 80% of them will produce crappy stuff or miss deadlines and you will lose money with them. But it not all gloom — you have to know and follow certain rules of thumb which I will be discussing in later posts. I will embed a link to the post here whenever I publish it.

Also, if you are subscribed to the newsletter, you will get a buzz as soon as I publish the post. So, if you are not already subscribed to the newsletter, it is a good time to subscribe now.

Tip #6 – Keep Close Financial Records

The idea is to keep a detailed record of how much you have invested in a domain and what sort of returns it is getting. I have found that keeping records will not only keep you updated of your current reality but will also keep you motivated to work harder.

With my own sites, I keep an excel file with weekly details of how much traffic did the site get and how much money did it make from various revenue channels. If both don’t increase consistently, I know I need to get moving to grow these figures.

Also, do it on a weekend and don’t spend too much time on keeping super-detailed stats tracking every figure under the sun — just a bird’s eye view of where your sites are going in terms of revenue and traffic. Your priority should be creating and promoting your sites.

Closing Thoughts

Now remember — these are just the rules-of-thumb and the list is no way exhaustive. Also, every situation is unique and you will learn the most by diving in and doing. So, start working, start making mistakes and start learning!

Stay tuned for other posts on the subject including – Stockdale Paradox, The “Big Fat Lie” Media Wants You to Believe, Building Websites, Choosing the Right Host, Traffic Secrets, Art of Recurring Profits and Revenue Maximization.

Shocking Truth About Domain Parking — And What To Do About It.

Author: Lord Brar

28 Feb

clip image001 Shocking Truth About Domain Parking — And What To Do About It.

Last Updated – April 13, 2008.

Parking Pages are just about everywhere — after all, they are easy money. But is it really a good idea to use them?

How it all Started.

Parking Pages first started a way to make sure that the traffic to the domains was not wasted and you could make some money from the traffic by showing them advertisements. It was meant to be a quick-fix to make money from the traffic on the domain.

Even though parking pages started as a quick-fix but they have slowly turned into a big industry in itself — there are billions of dollars being made every year from parking pages. As a matter of fact, a lot ofdomainers make their money just from parking pages.

The Problem With Parking Pages.

There are a few issues with Parking Pages that one needs to consider when one decides to use them.

1. No Search Traffic. Search Engines are looking for sites which provide real content to their visitors — after all, it makes business sense for search engines to provide the best experience to their users. It is next to impossible to rank regular parking pages in search engines.

Every Single Day, Google serves hundreds of millions of queries — by not having your domain ranking for your target-keywords, you are missing a big piece of action.

2. No Repeat Traffic. Parking Pages attract mostly type-in traffic. To be fair, you can indeed expect some people to visit your parking page again and again by typing in your URL, but most would never visit your page again.

Even worse is the fact that you can’t setup things like newsletters and member-registration, which will allow you to stay in touch with people who opt-in and attract regular visitors to your site.

3. Little Customization. When you are using parking pages, you have little control over the looks and layout of your parking pages. Not only that, you do not have freedom to add any other features to your site.

Why Parking Pages are Good.

I am not trying to say that Parking Pages are that bad. A lot of people make a decent amount of money with parking pages — including us on some of our domains. The best part about Domain Parking is that it is easy — all you need to do is to change the name-servers and you are done.

There are some excellent parking companies like Fabulous.com which go the extra mile to help you squeeze the most profit from your parking page.

But, don’t forget that by using parking pages on your domains…

You Are Leaving Money On the Table.

You Can Get Lots More Traffic. By having your site listed in search engines and having other sites to link to you, you increase your traffic — and hence revenue — exponentially. By using a parking page you are missing out on a huge amount of traffic that you could get by having a real site.

Multiple Revenue Streams. When you are using a parking page, your only source of revenue is pay-per-click advertisements. Essentially, if your visitors do not click on your advertisements, you do not make any money.

However, with a custom site, you make money not just from PPC advertisements but also from affiliate programs, cpa programs, ecommerce, sponsored reviews, subscription revenue and sales of text-links. As a matter of fact, I have some sites which make hundreds of dollars every single month from just the sales of text links and virtually zilch from Pay-Per-Click Advertisements.

Better Revenue Optimization. You don’t have any control over the optimization of revenue from your parking pages except setting-up the right keywords. With your own site, you have complete control over the revenue optimization and control of the placement of various elements that will make you money.

Capture Contact Information. One sure-shot way to attract repeat visitors to your sites is to capture their contact — either via newsletter sign-up or via a registration system. We use Aweber to capture contact on our sites and the response rates are totally amazing.

Needless to say, it is not possible to do this on parking pages.

Build Relationships, Sell More. When you are using Parking Pages, you have absolutely no contact with your advertisers. As a matter of fact, you have absolutely no idea about who is advertising on your domain. When you are directly selling advertisements on your own site, you get a change to build a relationship with the advertiser.

What this means is that you get a change to get to know the advertiser and upsell and cross-sell them. Which means much higher revenue and a potential for repeat business.

I could go on even more about why it is a better idea to develop your domain rather than throw a parking page but I hope that you get the idea.

Get Your Facts Right

Whenever I talk about this issue with most domainers, they reply that it takes a lot of effort to develop a domain name. That is just NOT TRUE until you are building the next Yahoo or Google.

I myself have developed hundreds of my own domains with simple strategies that you can copy too.

The Strategy

I am going to reveal the strategies that we use at our company to maximize the revenues from our domain in various posts on this blog during this week. Stay Tuned!

Follow-Up PostHow I Really Make Money From Domain Names.

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