The most important question has to be this:
How do I find the end users that really actually want my domain?
Well lets look at some I am currently marketing:
1. hubs.co.uk
This domain is valued by valuate.com at $39,000 but who is going to pay that?
Well perhaps if you were about to open a website in competition with eBuyer.com or Misco.co.uk you might be interested but the simple truth is that a network 'hub' isn't a hub anymore anyway - it has been superseded by switching for many years.
What other kind of hubs could we market it to? Wheel hubs? As a social networking hub for connectivity? Possibly. The truth is that the best part of this domain is that it is a single word with a .co.uk after it.
Using some of the domain tools which will track down people with similar domains but to be honest this tactic is not particularly effective because buying domains defensively with all of the suffixes now you would bankrupt yourself before you achieved anything else. Google aren't going to buy every suffix as they are simply pointless.
What you need is to find a situation where you can introduce a catalyst for sale to the prospective buyer to get them to bite.
So where is the best place to advertise or market? Well trade shows are always interesting because people thinking of entering a market go there to scope things out and these people are often excited at the new business they are entering and so the catalyst has already been organised for you. A computer networking event might just be the place so we will market this domain at Kensington Olympia (it is a .co.uk remember) with some investment to see who we can interest.
2. RecruitmentCompanies.com
This domain is a great domain for the US market no question. Valuate.com once again prices us at $39,000 USD and DomainBrokers.com suggested $55,000 USD as a market price.
Now this is the sort of domain that a US company might buy defensively - and for $55,000
No broker would ever pay anything like that - you'd be lucky to $5,000 from most. And they would be right because it takes effort and time to move a domain like this. So our market will be people with companies in the recruitment business in India or the States. China would probably not be so interested as there are characters in there that the Chinese don't really use.
So it is time to get searching for companies or comparison websites in that market and get on mailchimp and sell that domain.
The third option would be the way to make real money - if you could get hold of good data on lots of recruitment companies worldwide and start up a database website then you could of course make millions as the domain name would bring you a lot of user trust straight away and with a start-up cost of probably $100,000 you could be worth millions in a year. Get an office and some pretty young people who are good on the phone and start building your brand and database. Make sure you have a good SEO staff internally and keep hold of your shares until you hand a few percent to the staff who.ve stayed in since the beginning!
How do I find the end users that really actually want my domain?
Well lets look at some I am currently marketing:
1. hubs.co.uk
This domain is valued by valuate.com at $39,000 but who is going to pay that?
Well perhaps if you were about to open a website in competition with eBuyer.com or Misco.co.uk you might be interested but the simple truth is that a network 'hub' isn't a hub anymore anyway - it has been superseded by switching for many years.
What other kind of hubs could we market it to? Wheel hubs? As a social networking hub for connectivity? Possibly. The truth is that the best part of this domain is that it is a single word with a .co.uk after it.
Using some of the domain tools which will track down people with similar domains but to be honest this tactic is not particularly effective because buying domains defensively with all of the suffixes now you would bankrupt yourself before you achieved anything else. Google aren't going to buy every suffix as they are simply pointless.
What you need is to find a situation where you can introduce a catalyst for sale to the prospective buyer to get them to bite.
So where is the best place to advertise or market? Well trade shows are always interesting because people thinking of entering a market go there to scope things out and these people are often excited at the new business they are entering and so the catalyst has already been organised for you. A computer networking event might just be the place so we will market this domain at Kensington Olympia (it is a .co.uk remember) with some investment to see who we can interest.
2. RecruitmentCompanies.com
This domain is a great domain for the US market no question. Valuate.com once again prices us at $39,000 USD and DomainBrokers.com suggested $55,000 USD as a market price.
Now this is the sort of domain that a US company might buy defensively - and for $55,000
No broker would ever pay anything like that - you'd be lucky to $5,000 from most. And they would be right because it takes effort and time to move a domain like this. So our market will be people with companies in the recruitment business in India or the States. China would probably not be so interested as there are characters in there that the Chinese don't really use.
So it is time to get searching for companies or comparison websites in that market and get on mailchimp and sell that domain.
The third option would be the way to make real money - if you could get hold of good data on lots of recruitment companies worldwide and start up a database website then you could of course make millions as the domain name would bring you a lot of user trust straight away and with a start-up cost of probably $100,000 you could be worth millions in a year. Get an office and some pretty young people who are good on the phone and start building your brand and database. Make sure you have a good SEO staff internally and keep hold of your shares until you hand a few percent to the staff who.ve stayed in since the beginning!
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