Selling Domains to Local Businesses?

If it's a 'local' domain, like CityNamePainter.com, then it'd be quite possible to sell them just the domain name, since you could tell them that the domain name has great potential to attract targeted traffic (especially if it is a dropped domain).

Or you could develop and rank the website first, and then offer it to 10-20 painters in the city on a first-come, first-served basis. This will convert your prospects much better than just offering to develop a website for them, as you'd have tangible proof that you can show when approaching them.

Paul

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coolgeee

13 years ago

hi strspeed

That is a hugely profitable business model...how do I know? I have been doing it for three years and have over 100 clients each paying me$75 - $250 a month. I offer them the domain name, the SEO work, hosting and advertising. I partner with many big online Pennysaver websites here in the NYC area which is what businesses trust, so when I add that in as an added value it sweetens the deal.

Don't let anyone discourage you...stick to it and you will build up a great residual business!

All the best.

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J.M.Wilson

13 years ago

Originally Posted by coolgeee

hi strspeed

That is a hugely profitable business model...how do I know? I have been doing it for three years and have over 100 clients each paying me$75 - $250 a month. I offer them the domain name, the SEO work, hosting and advertising. I partner with many big online Pennysaver websites here in the NYC area which is what businesses trust, so when I add that in as an added value it sweetens the deal.

Don't let anyone discourage you...stick to it and you will build up a great residual business!

All the best.

Out of interest, what local business categories do you target?

JM

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strspeed 13 years ago

Originally Posted by J.M.Wilson

Out of interest, what local business categories do you target?

JM

Well I'm using the yellow pages to find business and then doing some basic google searches. If they pass i profile them for Income
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strspeed

13 years ago

Originally Posted by coolgeee

hi strspeed

That is a hugely profitable business model...how do I know? I have been doing it for three years and have over 100 clients each paying me$75 - $250 a month. I offer them the domain name, the SEO work, hosting and advertising. I partner with many big online Pennysaver websites here in the NYC area which is what businesses trust, so when I add that in as an added value it sweetens the deal.

Don't let anyone discourage you...stick to it and you will build up a great residual business!

All the best.

Thanks for the encouragement! Now i KNOW it works

If a company is Grossing 500K-1MIL yearly what should i offer the site to them for? $500-$1000 is what I'm thinking, Ive been Profiling a few company's who to the internet are non existent!.

Also, I don't believe they could take the Domain from me if its three name? I remember one Presidential candidate had to buy there name from someone for 10,000! But then again that is a "Name" not a business name

I do like the Universal Model that was presented and then offer it to many people i think im going to do a Mix. If i find a High Grossing company ill Buy there name and sell it to them, but at the same time be buying more "Universal" names.

Thanks

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steamboat

13 years ago

Originally Posted by coolgeee

hi strspeed

That is a hugely profitable business model...how do I know? I have been doing it for three years and have over 100 clients each paying me$75 - $250 a month. I offer them the domain name, the SEO work, hosting and advertising. I partner with many big online Pennysaver websites here in the NYC area which is what businesses trust, so when I add that in as an added value it sweetens the deal.

Don't let anyone discourage you...stick to it and you will build up a great residual business!

All the best.

coolgee... are you selling the domains and adding on services afterward, or are you renting the domains?

I would like your thoughts as this appears to be a good business model.

Thanks
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strspeed

13 years ago

Originally Posted by steamboat

coolgee... are you selling the domains and adding on services afterward, or are you renting the domains?

I would like your thoughts as this appears to be a good business model.

I believe he sells the domains and then sells them hosting

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VegasGreg

13 years ago

If you use JoeSchmoePainter.com you can (typically) only sell to Joe Schmoe, and if you already own the site with his name on it, he could just take it from you if he wanted.

If you use a more generic domain like CityNamePlumber.com and it is ranking well, you could sell it to the highest bidder of plumbers in that area.

If you approach the plumbers ahead of time and offer to build them a site, you could then build then one on a personalized domain that uses their name.

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paulie888

13 years ago

Originally Posted by VegasGreg

If you use JoeSchmoePainter.com you can (typically) only sell to Joe Schmoe, and if you already own the site with his name on it, he could just take it from you if he wanted.

If you use a more generic domain like CityNamePlumber.com and it is ranking well, you could sell it to the highest bidder of plumbers in that area.

If you approach the plumbers ahead of time and offer to build them a site, you could then build then one on a personalized domain that uses their name.

Greg, that's exactly the point I was trying to make above. When approaching plumbers and offering to build a site for them, I'd suspect the conversion rates are going to be much lower than if you were offering a pre-built and pre-ranked website that was basically ready to go.

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TeamGlobal

13 years ago

Originally Posted by strspeed

SO im going to start doing this but i still cannot make up my mind on a few aspects though.
I cannot figure out it i should Buy the Domain get it ranked and then approach them putting myself in the drivers seat

Or Call ask if they would like a website then follow through. :confused:

Suggestions Ideas?

Yes this is my first post by the way! I dont really have much that i can contribute, Im a software programmer?

Edit: Domain names as in JoeSmoePainter.com for Joe Smoe the painter who has no website.

Hi strspeed,

Fellow warrior, Gene Pimentel has a course that I think you would find very useful. Here's the link:

http://www.warriorforum.com/warrior-...AmnRAiDKS2HzGu

All The Very Best,

Tony

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strspeed

13 years ago

Originally Posted by TeamGlobal

Hi strspeed,

Fellow warrior, Gene Pimentel has a course that I think you would find very useful. Here's the link:

All The Very Best,

Tony

Hi thanks for the suggestion! I might look into this but I've already bought the Google Sniper 2.0 Course and have no issues getting ranked Number 1-3

Thanks
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Alex Copeland

13 years ago

I have used this business model in the past and had some success with selling it per lead.

By this I mean that I basically owned the site but approached people in whatever business the site was targeted at and told them I would get them new leads at £xx per lead (depending on what an average customer was worth to them)

Then I got the site ranked and they paid me for anyone that enquired by email or phoned through the site (you can use phone number tracking for that)

This also meant that if the person decided to stop using my service all I had to do was swap out the phone number for the next person that wanted to use the service and it was all good to go, nothing changed in rankings etc, just who the leads went to.

Anyway, however you choose to do it this is a cool business model, best of luck with it.

Alex

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strspeed

13 years ago

Originally Posted by RockstarMedia

I have used this business model in the past and had some success with selling it per lead.

By this I mean that I basically owned the site but approached people in whatever business the site was targeted at and told them I would get them new leads at £xx per lead (depending on what an average customer was worth to them)

Then I got the site ranked and they paid me for anyone that enquired by email or phoned through the site (you can use phone number tracking for that)

This also meant that if the person decided to stop using my service all I had to do was swap out the phone number for the next person that wanted to use the service and it was all good to go, nothing changed in rankings etc, just who the leads went to.

Anyway, however you choose to do it this is a cool business model, best of luck with it.

Alex

How much did you make Via this method if you dont mind me asking?

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Alex Copeland 13 years ago

Originally Posted by strspeed

How much did you make Via this method if you dont mind me asking?

It really depended on the niche it was in, I had a personal trainer who paid me £15 for every lead that took a free 30 minute training session which was probably my best earner at the time. Most people that took the free training ended up taking at least 3-4 sessions so worth about £160 to the trainer and worth the payout. Honestly can't remember how much it made me off hand but it was a nice little earner.
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Mike McAleer

13 years ago

One of the methods I use is local domains.
I will register a good local domain only if I see that there is a wide array of prospects who might buy the domain from me. I sell these domains to end users without developing any site on them. I have been quite successful in letting the businesses know about the domains and how the domains can help their business.

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strspeed

13 years ago

I plan to offer Basic WP sites and Hosting at there monthly expense. How much do you profit?

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Mike McAleer

13 years ago

Well now I am not going to disclose that but I will flip the domain by buying low and selling high. Looks like you are doing something else.

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strspeed 13 years ago

Originally Posted by FreshDomains

Well now I am not going to disclose that but I will flip the domain by buying low and selling high. Looks like you are doing something else.

Fair enough, yes i see what you are doing. Thats what i was concitering at first but i like reoccurring income. Best of luck to you!
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strspeed

13 years ago

@ Moderator
Ops Sorry for the Misplaced post!!!

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JimmyD

13 years ago

I think the generic towntrade.com works welll when you build a simple site and get it ranked for the town trade keyword. Then when you offer to targetted businesses you have already proved that you can rank and can negotiate accordingly.

Thanks
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strspeed

13 years ago

Originally Posted by RockstarMedia

It really depended on the niche it was in, I had a personal trainer who paid me £15 for every lead that took a free 30 minute training session which was probably my best earner at the time. Most people that took the free training ended up taking at least 3-4 sessions so worth about £160 to the trainer and worth the payout. Honestly can't remember how much it made me off hand but it was a nice little earner.

Hmm sounds like a nice little earner for sure! I dont beleive in my location that'd be effective enough though.

Originally Posted by JimmyD

I think the generic towntrade.com works welll when you build a simple site and get it ranked for the town trade keyword. Then when you offer to targetted businesses you have already proved that you can rank and can negotiate accordingly.

Thats what im thinking after a nights rest. I just wounder could i sell Joe Smoe, no website, grossing 500K-1Mil a year a top level. High Visibility website for $500-$1000? I bet with the right Social Engineering skills i could

Thanks
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JimmyD

13 years ago

Thats what im thinking after a nights rest. I just wounder could i sell Joe Smoe, no website, grossing 500K-1Mil a year a top level. High Visibility website for $500-$1000? I bet with the right Social Engineering skills i could

I think you are aiming too low. If I ran a company grossing 500K I would want a "good" website and would think $500 to $1000 website would not be up to the standard I was looking for.
Up the price for a good well designed web site then add on a decent monthly cherge for maintaing SEO, mailing lists etc.

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strspeed

13 years ago

Originally Posted by JimmyD

I think you are aiming too low. If I ran a company grossing 500K I would want a "good" website and would think $500 to $1000 website would not be up to the standard I was looking for.
Up the price for a good well designed web site then add on a decent monthly cherge for maintaing SEO, mailing lists etc.

Hmm your right, if i have a $1000 Budget and still Gross $5000 i could do alot of reinvesting. My idea is that I'm going to reach out to potential clients why wait for them to find me?

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Jimian

13 years ago

The pre-ranking website method is a good start and that's how I got off the ground. Unless you're very good at "sales," having something to show a prospect works well.

I focused on roofers BestRhodeIslandroffer dot com and get $197/ month. I moved on to other avenues within the offline niche but like I say, it's a good start.

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strspeed

13 years ago

Originally Posted by Jimian

The pre-ranking website method is a good start and that's how I got off the ground. Unless you're very good at "sales," having something to show a prospect works well.

I focused on roofers BestRhodeIslandroffer dot com and get $197/ month. I moved on to other avenues within the offline niche but like I say, it's a good start.

Excellent! I have a nice list of domains and i believe i can get 5 Domains ranked for around $20 a site. Hopefully Flip them for no less then $500 a sites because of who im targeting.

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Hugh

13 years ago

"I'd suspect the conversion rates are going to be much lower than if you were offering a pre-built and pre-ranked website that was basically ready to go." But I don't sell them.
Rent them out for residual income, including hosting, SEO and maintenance. The value of the domain will appreciate. Service type businesses have worked best for me.

Hugh

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build

13 years ago

A friend of ours does something simialar, he started out buying domain and geting them links, pr etc and then selling them and making websites, the problem was the offline clients did not see the value of this above a standard website and it became a hard upsell. He does not do it much anymore.

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