Don't waste your money in low quality domains

by Adie

Posted: 13 years ago 36 replies

INTERNET MARKETING

Most of us wanted to make money in each an every niche that we discover. Because the competition is high, we tend to do a short domain research and register that domain thinking that other people might take it before we do. After a while, we discover another niche, and register another domain. We do the same thing over and over again until we notice that we already have a lot of domains and don't know what to do because we keep on searching niches that we think we could make a lot of money with.

Over the years, I wasted a lot of money on domains because of this practice. I let dozens of unused domains expired because I have no time to deal with them. I am pretty sure I am not the only one who is doing like this in this forum, and I advise everyone to stop this bad habit to save money and domains.

In selecting a domain, make a thorough research using different tools. Buy only a domain or 2 then focus on it. Do you best to monetize that domain/website. When it starts making money, that's the time you can go on with another niche. Registering a lot of domains at the same time is not ideal........

If you are afraid that your favorite domain might be taken by others, then let it be. Collecting low quality domains will not make you money. Monetizing domains/websites is.......

#domains #low #money #quality #waste

mrmatt 13 years ago

I purchased several domains that I thought got lots of traffic and hardly no competition. This was before the update to the Google Keyword Tool. These domains that once showed anywhere between 3,000 to 10,000 exact searches were really only getting a few hundred. They are still cool domains so i will build sites and see if they bring in some cash.

But I totally agree with you. Buy a domain. Build a site and then move on to the next domain. Otherwise you get buried in domains and frustrated with trying to get them all going.
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- Tekstar 13 years ago
  
  Or just start redirecting them towards domains that you do have something built on. It's pointless to just have them there doing nothing when they could help a bit as long as they are domains that you think others would type into a browser to begin with. If they are some obscure name then forget that idea. Best way then would be to put up a 1 page website with a few things in it and then link to whatever site makes the most sense. Do this in Hostgator and you can have a ton of 1 page sites no problem. This then starts your own link farm.
  
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King Shiloh Banned 13 years ago

My 2c:

Buy a domain and develop it. If you can't develop it, flip it.

But if you can't develop nor flip it, push it to whoever can.
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- Bannaz 13 years ago
  
  Originally Posted by King Shiloh
  
  My 2c:
  
  Buy a domain and develop it. If you can't develop it, flip it.
  
  But if you can't develop nor flip it, push it to whoever can.
  
  Great points. I think this is the method to follow.
  
  However, I wouldn't hold off running and focusing on a small number of domains at one time. If you have the time and ability to handle a lot at one time, you'll be in a greater position in indentifying domains that arn't going anywhere and ones that are.
  
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thetruth23 13 years ago

Sometimes...I just can't help myself!

You're right though! I could do with cutting down. I've got a few redundant ones I could do with getting rid of to give someone else the chance to prosper with them.

I think it's almost human nature not to want to miss out on an 'opportunity', though.

Anyway, might make it a new years resolution.
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- wtatlas 13 years ago
  
  I used to suffer from the same "domain buying" compulsion. I'm not so sure that having a domain name with the keyword phrase in it is all that important. It certainly can't do any harm but there are many examples of very successful websites whose name bears little connection to the subject matter of the site.
  
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darkmaster 13 years ago

Yes my friend, i have experienced a similar thing, infact again i bought a new domain today, Thanks for your advice, i really got the message clearly.
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Robert Colle 13 years ago

I personally think it is really not a good practice and I have never done that. Even though I can understand the urge that sometimes make us to such things, one could still resist such urges and let others to try their best with those domains. Only buy what you can handle and move to another only when you have finished.
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Adie 13 years ago

Eversince I had success with blogger as landing page for my CPA campaigns, I refrain from registering new domain unless a domain has a potential for sale someday. But for temporary usage like keywords best laptop 2010, top hits 2010, 2101 holiday discount, or whatever that will expire, I advise to use blogger or co.cc for landing pages....
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- wealthydon 13 years ago
  
  OP, you have hit the nail on the head.
  
  I remember buying domain flipping course and
  the author made examples of the sale of Business.com,
  Sex.com, Diamond.com in millions of dollars.
  
  I slept and woke up the next morning registering all
  manners of domain names. Man, I saw myself in financial
  El Dorado until the expiry dates cum renewal started falling
  on my head one after the other.
  
  With all the advertisement I did nobody was willing to part
  with the cost of my domain name registration to have them.
  That was when it dawned on me that in business investors
  buy what will benefit them not just asset.
  
  No matter how clumsy a domain name is if you can develop a
  website for it, generate traffic and start making money consistently,
  you're sure of at least times three months of your monthly net profits.
  
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Fernando Veloso 13 years ago

I feel your pain!!!

Some of my domain names are just ideas... from ideas... of another idea.

But domain names are low cost business items, really low cost. For as low as 200$ per year I can keep 20 non used domain names in my arsenal. Not using them now, but who knows tomorrow?

I am Portuguese and I can still buy some really good ones, in fact, I have to grab them before competitors!
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rockfuse 13 years ago

I buy expiring domains with age and backlinks even if I dont have to develop them , if i see they have potential I will buy them for if they are cheap, other wise why waste your time with domains ? Id rather develop one or two. I buy the aged ones to flip .
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jawasismanjanik 13 years ago

Is there any difference when buying .info domain with .com domain?

I have bought many .info for my domain name because the cost is very cheap.
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- Sparhawke 13 years ago
  
  Originally Posted by jawasismanjanik
  
  Is there any difference when buying .info domain with .com domain?
  
  I have bought many .info for my domain name because the cost is very cheap.
  
  Depends, you wont get type ins and people look down their nose at them, but they are much cheaper to get and in most cases they are FAR superior to what others have...
  
  What would you rather have:
  
  123abc-bodybuilding4u.com
  
  or bodybuilding.info?
  
  Everyone is watching .com, which means your chances of getting a good product or service name are far less than looking at other extensions, but whatever floats your boat.
  
  Some snobs would never get anything less than .com, I say those people are idiots.
  
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- paulie888 13 years ago
  
  Originally Posted by jawasismanjanik
  
  Is there any difference when buying .info domain with .com domain?
  
  I have bought many .info for my domain name because the cost is very cheap.
  
  In terms of ranking the domain, it doesn't make any difference at all. Your ranking is not influenced in any way by the TLD of your domain.
  
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  Adie 13 years ago
  
  Originally Posted by paulie888
  
  In terms of ranking the domain, it doesn't make any difference at all. Your ranking is not influenced in any way by the TLD of your domain.
  
  I agree... this is the reason why .info is helping me a lot
  
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  Sparhawke 13 years ago
  
  Originally Posted by paulie888
  
  In terms of ranking the domain, it doesn't make any difference at all. Your ranking is not influenced in any way by the TLD of your domain.
  
  Originally Posted by Adie
  
  I agree... this is the reason why .info is helping me a lot
  
  This unfortunately will be misleading for a lot of domain newbies...
  
  It is true that .com, .net and org and the same amount of chance to rank as .info but when you get past that things get a little murkier because for the most part you are then in cctld territory.
  
  .co.uk does not rank well in USA even though it is one of the most powerful extensions around...similarly .vg is one no one has ever heard of.
  
  We must get into definitions briefly:
  
  TLD= Top level domain meaning .com, .net, org or info
  
  CCTLD = Country code extensions like .uk or .de, which do particularly well in their own country
  
  And then you get a 2nd class cctld which includes .us and .eu, both for some reason hated by the people of their own countries
  
  And then you end up with the fubar-cctlds, which include .vg and .al and all those others, and should by rights include Tuvalu's extension but that has a special case attached, because it is widely known to stand for television (.tv) it has attained the rare honour of being a top level domain against all odds.
  
  My post here is merely to state that there is no easy way of doing things, things DO NOT have an equal chance and you have to take things as they come.
  
  In the real world Coke has dominated the pop drinks world for a century, and yet in internet world MySpace crashed and burned out to Facebook in a couple of years, Lycos went the way of the Dodo to Google, but Ebay and Amazon are still supreme rulers. Nothing is sacred and nothing is permanant.
  
  You may get to the top one day and the next you will dragged down into the abyss.
  
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  dgently42 13 years ago
  
  @sparhawke - nice explanation.
  
  Personally, I'm probably a .info snob. If I do a search in Google for something, I skip by the .info sites. Even when they rank #1. Simply because the majority of .info domains seem to be low on content quality.
  
  Of course, there are exceptions, but my experience with them has been poor. As such, I will get extra creative to avoid having to register a .info. Same with .biz.
  
  Thanks
  
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  smartalex4 13 years ago
  
  Originally Posted by paulie888
  
  In terms of ranking the domain, it doesn't make any difference at all. Your ranking is not influenced in any way by the TLD of your domain.
  
  From what I have read, its more difficult to rank .info - however they are so damn cheap I keep buying them just like a lotto ticket cause you never know.
  
  Thanks
  
  1 reply
  
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  nikema 13 years ago
  
  Originally Posted by smartalex4
  
  From what I have read, its more difficult to rank .info - however they are so damn cheap I keep buying them just like a lotto ticket cause you never know.
  
  In my experience they're only cheaper initially. When it's time to renew, they cost just as much as the others.
  
  Thanks
  
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TristanH

13 years ago

Great post, Adie. I'm exactly what you described. I buy a crap ton of domains, no so much to resell (though that's true with some), but to develop sites on that I never get around to.

My advice: It's OK to have a few domains (I'd cap it 10 if I had to do it over, because I do run several sites at once), but beyond that, I'd say that you should force yourself to get rid of one before you buy another.

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Adie

13 years ago

Originally Posted by TristanH

Yes, before when I do the keyword research in a couple of hours I can register 5 to 10 domains. Yesterday, I spent 4 hours doing keyword research and i registered only 1.. I used all tools to make sure I am picking the right domain. I juts canceled a dozen of "never used" domains from my list......

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TheWriteOne 13 years ago

Begin with the end in mind.

Part of building a new website is building in your exit strategy, which in a lot of cases involve selling the site at some point down the line. A quality domain name sure does help facilitate the selling portion of your plan.
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flx89 13 years ago

great tips here . i think there is no need to buy other domains than .com .net and .org .

.info are the worst i guess. It's great to have a brand-able domain .
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tpw

13 years ago

There is no such thing as a low-quality domain.

There are only low-quality websites, and only one person can control that.

Would you care to venture as to WHO that one person is?

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Sparhawke

13 years ago

Originally Posted by tpw

There is no such thing as a low-quality domain.

There are only low-quality websites, and only one person can control that.

Would you care to venture as to WHO that one person is?

This can be true, but usually it isn't.

A good domain name from the start is like a shop front on a busy London shopping street, it is far easier for people to remember and recommend to their friends than one down a back alley, 50 yards further on to cross the street into another back alley, go left at the Chinese chippy and keep walking until you come to a building that looks like an ostrich and wander through to the next three streets over between the skip and the boarded up pub with firebombed windows.

If you do not over pay on the domain name chances are if you ever want to liquidate your site and sell it the domain will hold its value well.

Sports.tv recently sold for $49,050...some people may think that is a crazy price to pay but ESPN can surely use it in their branding and because people can remember it easily there should be little problem with getting people there from the start.

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tpw

13 years ago

Originally Posted by Sparhawke

This can be true, but usually it isn't.

A good domain name from the start is like a shop front on a busy London shopping street, it is far easier for people to remember and recommend to their friends.

If you do not over pay on the domain name chances are if you ever want to liquidate your site and sell it the domain will hold its value well.

Good points.

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sierraandmo 13 years ago

I have been afflicted with the domain bug too. One of my resolutions this year was to select fewer domains and focus on them and then move on.
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mandark 13 years ago

There is also the issue of professionalism in domain names - I am always more likely to look into a site like "greatexample.info" as opposed to sites like "clickme.get-your-great-example-here.info".
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CR 13 years ago

Unless someone is following a direct link to your dotinfo site, which you purchased because the dotcom you wanted has gone... you're going to be sending your hard-earned visitors to your competition.
From an investment point of view and the results you want... take the time to come up with a dotcom.
These days long names are acceptable... they just have to be memorable.
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- ReeelDeeel 13 years ago
  
  the title says it all...almost.
  i too have bought too many TLDs. i think it's only a bad thing if they are not utilized. i would never try to find a .info domain name, but when i DO buy a .com i always get the .info to match. for two dollars you get a great keyword-type domain name to base a link wheel from.
  
  i figure if i can't make it worth more than $2, i'm in the wrong business.
  there's no reason a .info can't be a high quality page(s).
  
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Michael Ten 13 years ago

nice! good advice. thanks!
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The Rover

13 years ago

My post here is merely to state that there is no easy way of doing things, things DO NOT have an equal chance and you have to take things as they come. Nothing is sacred and nothing is permanant.

Sage advice right there. Well said.

Thanks

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Gary King 13 years ago

Hey Adie,

I kicked my addiction by forcing myself to never buy another domain unless I had made progress on the previous one.

If the new idea/niche is REALLY that good, you'll be surprised how fast you can accomplish something with the previous domain in order to move on to the new one!

The first step is admitting you have a problem. lol

Gary
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jushuaburnham 13 years ago

Of course if you aim to earn more money you must invest and low quality domain names are not a good investment.
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Good News Now 13 years ago

The domains is almost like a small real state. I purchased a domain that involved non-profit activities. After two years I was approached by one non-profit company that offered me $3000 for the domain. How much did it cost me to keep it for several years? Not much. Well, I refused the offer because I had planed to use this domain.

Another good domain I did not renew it. But I have regretted it later. It was auctioned for $2500. I think some good domains are getting better value with each year. So there are always possibilities to profit.
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Don't waste your money in low quality domains

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