No.. A Nice Logo will Not make your site Profitable

Posted in Development, Opinions on September 7th, 2010 by Michael – 1 Comment

Some domainers seem to think that a logo can make or break a good site. I have news for you – it can not, unless this is a site selling logos, and even then it’s not that important.

Recently I was building some new sites and needed to get about 20 different logos done. I checked about 30 designers, looking quickly over their portfolios to see their quality. It may sound like a lot, but in fact it only takes me a few seconds to take a quick look at the designer’s portfolio to know if this is what I need or not. And after that initial glance a couple minutes maximum and I have a pretty good idea of what this designer can do.

So I received price suggestions and solicitations with portfolios and examples from these designers and picked one that was a bit more expensive than average, but the quality of his designs was truly great. All that took about an hour and around $150 (for the 20 logos). Some might consider it expensive, others would say it’s cheap, but this is the price you can get good quality logos for at various forums and freelancer sites. And I do mean good quality, highly professional which are not worse than those you can get by running a contest at 99designs.com – because in fact on 99designs.com these are the same people making your logos.

It’s true there are many people willing to pay $50 and $100 and even more for a logo, others arrange contests and ask for forum members to vote for their best choice. And I could understand when it’s a logo for a big business, a chain of sites, a company site, or  something like Bido.com (R.I.P.), but when you’re just building some mini site on a .info domain – who cares what logo you have?

What really makes a site profitable (assuming you are not just building the sites to be able to say that you’re developing your domains..) is a strategy for acquiring traffic (SEO for example, then you need decent content and lots of links) and monetization (adsense, affiliate sales, leads).  So stop fixating on your logos and go get some backlinks instead!

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NamePros.com – Down for the Whole Day!

Posted in namepros, News on September 6th, 2010 by Michael – 13 Comments

NamePros.com has been down for the Whole Day today!

Anyone has a scoop on what’s going on? Is it a DOS attack, a server move, or did they forget to pay the hosting bill?

Update: NP is back up and running at full force! Was down for around 2 full days, which is a record by all means. Several unfortunate incidents happened among NP addicts, but the death toll is still unknown.

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For Sale: Pame.com DDRR.com eFav.com Bonu.com – FOLE.com and AKEB.com on Auctions

Posted in Auctions, For sale, LLLL.com, Sedo on September 5th, 2010 by Michael – Be the first to comment

I started two $60 no reserve auctions today on sedo for these two great 4 letter domains:

FOLE.com

AKEB.com

It’s been a while since I auctioned anything on Sedo, especially without a reserve, so it’s a bit of a gamble and I’m curious to see how they do.

Also I’m running  a Large top 4 letter domains sale going on on DNF, with domains like Pame.com Hace.com Bonu.com DDRR.com CEFO.com KWAP.com and more..

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ALL CCC.com Sales for 2010 And Price Analysis

Posted in Lists, lll.com, Opinions on September 4th, 2010 by Michael – 8 Comments

There seems to be an elevated interest in CCC.com domains  lately from domain resellers and investors, especially the LLN.com and LNN.com types.  However most people still take the 3character.com price guide into account, not realizing how far those values are from the market reality, so I’ve compiled a list of ALL reported CCC.com domain sales on auctions since the beginning of 2010.  The list contains 101 domain sales, with sales prices ranging from $76 to $4000. At Godaddy prices are usually considerably lower than on Sedo.

NLN.com and LNL.com type of domains are the worst prices wise.  ’0′ is the worst digit, while ’1′ is the best – the exception is when 0 created a number, e.g. d40, 50x, v10 etc. Names with repeating digits or letters usually fetch significantly higher amounts.Letter combos with special meanings or acronyms can fetch surprisingly high prices on Sedo, take a look at 0fx.com below (fx is the common acronym for forex).

The real minimum wholesale market prices are like this:

  • NLN.com and LNL.com – below $100 for the worst combination and $130-150 on average.
  • NLL.com, NNL.com, LLN.com, LNN.com – $110 min and $200-300 for decent combos

Several expired CCC.com domains sell on Godaddy auctions almost every week, while Sedo auctions are naturally more random. Some also sell at snapnames and namejet.

The list:

Date                     Name          $         MarketPlace
29/08/2010    8ae.com    271    GoDaddy
29/08/2010    y5m.com    130    GoDaddy
26/08/2010    0fx.com    2,272 Sedo
25/08/2010    55u.com    1,316    Sedo
22/08/2010    kg8.com    255    GoDaddy
22/08/2010    jg8.com    230    GoDaddy
14/08/2010    3tq.com    405    GoDaddy
09/08/2010    av0.com    200    GoDaddy
03/08/2010    8sf.com    365    GoDaddy
01/08/2010    ui0.com    165    GoDaddy
01/08/2010    tq0.com    135    GoDaddy
01/08/2010    ud0.com    120    GoDaddy
30/07/2010    7sj.com    226    GoDaddy
28/07/2010    1zg.com    165    GoDaddy
23/07/2010    h3j.com    210    GoDaddy
20/07/2010    o2j.com    4,000    Sedo
11/07/2010    2vw.com    215    GoDaddy
06/07/2010    8ig.com    102    GoDaddy
05/07/2010    z1g.com    360    Sedo
05/07/2010    1o2.com    103    GoDaddy
04/07/2010    k6f.com    76    GoDaddy
04/07/2010    f6h.com    76    GoDaddy
04/07/2010    f6n.com    76    GoDaddy
04/07/2010    f7c.com    76    GoDaddy
04/07/2010    m7x.com    76    GoDaddy
02/07/2010    x5d.com    141    GoDaddy
29/06/2010    u6o.com    162    GoDaddy
28/06/2010    u8c.com    155    GoDaddy
25/06/2010    s8t.com    185    GoDaddy
16/06/2010    8zd.com    206    Sedo
16/06/2010    h0q.com    105    Sedo
14/06/2010    v0o.com    146    GoDaddy
10/06/2010    6xy.com    576    Sedo
09/06/2010    s8e.com    140    GoDaddy
05/06/2010    17w.com    2,000    Sedo
04/06/2010    9ue.com    130    GoDaddy
03/06/2010    j6m.com    130    GoDaddy
28/05/2010    j05.com    220    Sedo
23/05/2010    05j.com    180    GoDaddy
23/05/2010    6yw.com    170    GoDaddy
23/05/2010    z1g.com    140    GoDaddy
23/05/2010    0qj.com    115    GoDaddy
23/05/2010    8g7.com    115    GoDaddy
23/05/2010    u1f.com    115    GoDaddy
23/05/2010    q0w.com    115    GoDaddy
23/05/2010    0b6.com    115    GoDaddy
23/05/2010    4m0.com    115    GoDaddy
23/05/2010    aq0.com    115    GoDaddy
23/05/2010    y9i.com    115    GoDaddy
23/05/2010    0b7.com    115    GoDaddy
23/05/2010    0o5.com    115    GoDaddy
20/05/2010    3k1.com    205    GoDaddy
20/05/2010    0f6.com    130    GoDaddy
20/05/2010    e6z.com    120    GoDaddy
20/05/2010    7z6.com    120    GoDaddy
15/05/2010    o1o.com    405    GoDaddy
15/05/2010    5nt.com    380    Pool
15/05/2010    47l.com    140    Sedo
13/05/2010    e2h.com    305    GoDaddy
11/05/2010    x7i.com    105    GoDaddy
11/05/2010    v7u.com    105    GoDaddy
02/05/2010    8sh.com    301    GoDaddy
02/05/2010    nu9.com    205    GoDaddy
28/04/2010    wx7.com    242    Pool
28/04/2010    ij9.com    126    GoDaddy
23/04/2010    ow3.com    135    GoDaddy
23/04/2010    uj3.com    130    GoDaddy
23/04/2010    uf3.com    110    GoDaddy
20/04/2010    1lh.com    230    GoDaddy
15/04/2010    v2h.com    245    GoDaddy
12/04/2010    uj7.com    135    GoDaddy
11/04/2010    8v1.com    200    GoDaddy
09/04/2010    6fy.com    213    GoDaddy
08/04/2010    hs3.com    575    Moniker
03/04/2010    11z.com    800    Sedo
02/04/2010    d0l.com    505    GoDaddy
02/04/2010    1nu.com    305    GoDaddy
25/03/2010    4v4.com    733    Sedo
19/03/2010    4g4.com    460    Sedo
06/03/2010    d7c.com    112    Sedo
03/03/2010    00f.com    170    Sedo
24/02/2010    vv4.com    360    Sedo
22/02/2010    7z7.com    1,050    Sedo
11/02/2010    gk0.com    450    GoDaddy
11/02/2010    6vv.com    310    Sedo
05/02/2010    1py.com    293    Sedo
04/02/2010    5tr.com    423    Sedo
24/01/2010    jl0.com    161    Sedo
23/01/2010    fu7.com    1,045    Afternic
20/01/2010    3yf.com    200    Sedo
20/01/2010    3ey.com    171    Sedo
19/01/2010    d99.com    1,263    Moniker
19/01/2010    77f.com    1,110    Moniker
19/01/2010    40d.com    995    Moniker
19/01/2010    z55.com    818    Moniker
19/01/2010    at7.com    650    Moniker
19/01/2010    b7b.com    635    Moniker
19/01/2010    4lu.com    525    Moniker
19/01/2010    os9.com    300    Moniker
19/01/2010    5md.com    300    Moniker
17/01/2010    nq0.com    152    Sedo
03/01/2010    5dk.com    3,100    Sedo

(c) DomainMagnate.com

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Best Place to Buy .co Domains and Some Stats

Posted in Country tlds, For sale, LLLL.com, News on September 3rd, 2010 by Michael – 1 Comment

.co domains are the undoubtedly biggest story of 2010, while many people are skeptical about them, the auctions are already fetching prices high enough to shame any cctld.

Ironically NameCheap.com appears to have the lowest prices for .co domains. The (double) irony is in the fact that despite having the word “cheap” in its name NameCheap prices are higher than in most other registrars, however it’s a very popular registrar among web masters and newbie domainers due to the ease of use and simple interface.

Here are the prices:

  • NameCheap.com  $22.98/yr
  • Dynadot.com $27.99
  • Name.com $28
  • GoDaddy $29.99
  • MyDomain.com $29.99

4 rounds of auctions have been carried out by the registry and over half a million .co domains are now registered. For more info and discussions on the .co domains check out the appropriate threads on DNForum, NamePros and NetBuilders.

It’s been 1.5 months since the registrations opened for .co and here are some of the highest sales so far:

autoglass.co $53,000
duiattorney.co $44,500
duilawyer.co $43,000
taobao.co     $31,500
vehicles.co     $18,500
boulder.co $17,000
sites.co $15,500
dentists.co $12,500
apply.co $12,000
shipping.co     $11,000
caribbean.co     $10,610
betting.co $10,100

I personally just registered 3 .co’s – only for a test to see if they get any type in traffic. I might register more later however. How many did you grab and what are you planning to do with them?

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3Character.com Price Guide is Outdated and Incorrect!

Posted in Lists, lll.com, Opinions on September 2nd, 2010 by Michael – 6 Comments

With all the respect to Zesty for keeping and maintaining the 3 char domains price guide, which has been a valuable resource for domainers for many years, lately it has become quite outdated and some of the price figures in it have little to do with the reality on the market. Here are some examples:

  1. LLL.com min price has gone quite below $4k despite the guide putting it at $4750. Recent sales on sedo: whz.com $4,050, aoq.com $3,499, xtq.COM €3,050. There are also quite a few low quality LLL.com’s available for sale on dnforum which can be easily purchased for around or below $4k.
  2. Low quality LLL.biz, LLL.info, LLL.us have become almost worthless, having no liquidity, except for good, premium letters, or meaningful combos.
  3. Min 3 Char prices (CCC.com) are also below the nominal value:  LLN.com and NLL.com have a $245 and $200 min prices in the guide respectfully, however many recent sales on Sedo and GoDaddy auctions fetch considerably below that:  0xi.com $160, ui0.com    $165, tq0.com    $135, 0qj.com    $115, aq0.com    $115, 0mx.com    $120,  1zg.com    $165
  4. The biggest joke of all: N-N.com – despite their extreme rarity: only 100 are available are selling for roughly 3-4 times less than the guide’s value. There were no recent sales reported, however the latest one: 2-9.com for $617 on sedo from half a year ago is pretty close. Since recently this incredible deal was offered on DNF – with no interest at all:  4 decent N-N.com’s (with no zeros) plus an LLL.info for only $1950 – which comes down to below $500 per N-N.com compared to the $1700 minimum reseller price mentioned in 3char guide.
  5. L-L.com – not many sales happened lately,  but a few months ago we’ve seen a few of them on Sedo auctions: q-i.com   $752, z-l.com $702 – despite the noted min reseller price of $2200 for L-L.com.

Hopefully we’ll soon see 3char price guide values changed to reflect the market and being updated based on the market data to be once again a great help to domainers.

The main question on everyone’s mind is of course what will happen with the short domains in the near future, especially LLL.com’s which are the domain resellers favorites: they are easy to appraise, rather liquid and hold good value. Two and half years ago at peak times we’ve seen the min prices for LLL.com reaching $8k and after that prices  started to plummet and have been falling ever since. While there are always opportunities for quick flips on auctions and forums, personally I wouldn’t advice people buying low quality LLL.com’s taking advantage of low prices as an investment – it’s hard to predict how the prices will change, they might as well keep falling and reach new lows.  However the good quality LLL.com’s – with no bad letters such as: Y,Z,X,Q or even without J,W,V may represent a good investments due to the good potential for end user interest and affordable prices below $10k.

Moral of the day: Do your own research, check the recent sales and demand vs supply on the forums and marketplaces; don’t rely solely on guides!

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What Should We Do About Non-Paying Buyers?

Posted in DNForum, Forums on September 1st, 2010 by Michael – 5 Comments

This happened with me yesterday. One of the not so nice sides of domaining. In short: a member blue777 was asking for cvcv.com domains to buy and I pmed him a list of my names, including hace.com which is a great cvcv.com domain with many meanings and over 100 million results in google, asking him to make his best offer and if I like it I might accept, so he offered $3,000 for hace.com and I accepted it. But a few hours later he replied withdrawing his offer.

It’s not the first time it happened to me, domainers face this kind of thing frequently. Usually however from “end users” or other newbie domainers. In most cases it’s ignored, sometimes people would post/complain about it, or leave a negative itrader. But the fact that it was an established member who’s been around DNF for years and had many itraders, as well as the fact that he felt he could retract his offer (even after it was accepted) as easily as he could make one made me post about this.

Have you encountered this kind of behavior, what’s your opinion on the matter? What should we do in such cases?

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WHY Why Push It To Auction?

Posted in Auctions, Sedo on August 30th, 2010 by Michael – 1 Comment

If you take a look at sedo auctions at any given time most of the auction listings only have one bid and the vast majority of them also end up with one single bid – the end user who made a bid and the seller decided to push it to auction.

When you push a domain with a high starting bid (high in relation to its reseller value) to auction one of the following is bound to happen, in this order of likelihood:

  1. The domain will get no more bids and the initial bidder will win. However during the 7 days he had plenty of time to (a) find another domain; (b) reconsider his proposal and (c) also saw that no one else was interested in outbidding him – which only tells him that he is overpaying, and no one likes to pay more. The chances of the buyer not following through with the purchase are increasing significantly and we all know how high is the percentage of non paying buyers on Sedo.
  2. The domain will receive one more bid from another interested buyer. Strangely enough many sedo auctions end with just two bids (not 3 or 4, but exactly 2) – with the first bidder not getting into a “bidding war”. However in that case the seller only gets an additional $50 for his domain – which usually is not worth the trouble of a 7 day auction.
  3. The domain receives many additional bids and ends with a significantly higher price – this is very unlikely if the initial offer was higher than the market price already and is much more likely when the initial auction starting price (which also serves as the reserve in such auctions) is much lower than the market price.

Clearly the third case is the only one that justifies pushing a domain with a high initial offer to a sedo auction. However it’s only likely if there can be many potential end users for the domain, or if the initial price was low.

If the initial bid is higher than the market value don’t auction the domain, instead negotiate the max you can out the buyer and try to close the deal as quick as possible!

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Caught a Couple Scammers on DP

Posted in Forums, Scams on August 29th, 2010 by Michael – 11 Comments

I started a thread yesterday on the DigitalPoint forums asking for 3 character domains to buy and 2 members already tried to scam me. Surprisingly the way they try to do it is extremely simple – they try to sell you a domain they don’t really own and accept payment through Western Union, Bank Wire, or MoneyBookers or even  paypal even though with paypal the transaction can be reversed. But I suppose they might be able to transfer the funds away before you do a chargeback in this case.

One of them is ShayGA. He pmed me offering to buy A66.com for $500. However a quick check reveals that it’s an active site and they are not likely to be interested in selling the domain. So I asked him to confirm that he owns the domain and he never replied. I dug a bit on him and found out that he only joined a couple days ago, but already had a lot of ‘sales’ going on. Most of these threads end with the members accusing the topic starter of being a scammer. I guess there are people who actually buy into this, otherwise he wouldn’t be doing it.

Update: I was told by another fellow domainer that this guy is also trying to “sell” that domain on NamePros. Luckily on NP and DNF the mods and members  are alert and swift in banning scammers.

Another one was Venliven – a recently joined member, I guess he joined when he saw my thread because that is where he made his first and second posts. It took me about 5 seconds to realize this might be a scammer by the strange question “What is your payment method?” – naturally it’s going to be paypal. I decided to play it out and see if I can get his details to post them here.

So I replied to his pm asking what were the domains – he answered with www.wut.com and www.juk.com.  To get the final confirmation that it was a scammer I decided to lowball and offered $2k for each (the actual market price for these would be at least $5k  each) and told him that if he accepts to pm me his bank and western union details, as well as moneybookers and I’ll see what’s easier for me to pay with. Scammers register new usernames daily, but in case someone asks you to send money to these addresses you’ll know who you are dealing with:

Western Union:
Zaid Lutfi , United arab emirates

Western Union:
Steven Burken
UpHill Sight 3/2

MoneyBookers:
w.a.t.e.r@hotmail.co.uk

Bank Account in UK:
39032157

Afterwards I asked him to confirm that he actually owns the domains by adding something in the whois contacts – he started sending weird messages with all kinds of lame excuses. Many of them didn’t even make much sense: “Without my hosting on I don’t have a server” – huh?

There are so many scammers on DP it’s ridiculous. And the mods don’t usually ban them since they don’t  break any petty rules, while DP mods don’t get involved in business between members. However those scammers are very easy to recognize. More sophisticated are the scammers that actually steal or sell stolen domains. Sometimes even experienced domainers fall victim to such crimes in this popular thread at dnf.

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The Future of SEO as I See It

Posted in Opinions, SEO, Social, Spam on December 24th, 2009 by Michael – 7 Comments

This post is a result of my 4.5 years of experience focusing on SEO as the main source to drive traffic to my online businesses and the more recent discussions, readings and deliberations on the matter.

It’s said that the best way to predict the future is to look into the past. The history of SEO is a short one, but have been quite eventful and colorful.

In 1990′s SEO or search spam was in its infancy and all was rather simple – put all your keywords on the page and meta tags and submit your sites to search engines frequently and you’d rank well. Back then you had to go through pages of porn to find what you were looking for in the serps. Spamming the search engines was so easy that there was very little trust in them.

In the late 1990′s there came Google and introduced a new concept of pagerank algorithm and citation rankings – links mattered. The SEO’s, or search spammers (there really was no distinction between the two in the early years) turned to building lots of sites and interlinking them. Any spammy and low quality links did the trick and soon enough it became the norm.

In the early 2000′s Google realized that they had a serious problem with search spam (seo) and introduced a series of updates that made many of the wide spread seo (search spam) techniques obsolete and little effective.  The main objective by Google was to be able to show the most relevant results to users and that would have been hard  without them being able to decide what’s good and what’s not. So proper webmaster guidelines were introduced and webmasters were encouraged to optimize their sites for easier navigation of both visitors and bots.

In the mid 2000′s the search spam problem was still widespread and Google continues to change their algo in order to give more weight to old established and trusted sites, devalue low quality links and make it more difficult for new sites to rank well fast. They’ve also cracked down on various black hat spam networks, many of which used adsense and so large numbers of adsense accounts were banned. These changes helped Google get the upper hand and spamming the search became ineffective, so former spammers turned SEO’s and started to use more covert methods and soon many of those became a norm: directory submissions, article submissions, reciprocal links and a wide variety of similar ways.

Next in mid and late 2000′s  Google gradually shut down most of the top directories by lowering their pagerank and deindexing them. Blog comments were made little effective, forum signature links, reciprocal links and all the link exchange networks lost value. New methods emerged like link baits, Social Spam Bookmarks, all sorts of “linkwheels” which are based on having lots of unique and semi unique content hosted at various sites freely allowing it in order to give links. Link buying became the method of choice for those who can afford it, and despite what you might hear from Matt Cutts it still works and will do for a while, but eventually I believe Google will find a way to deal with it as well. (A tip on that: if you do buy links make sure it’s as covered as possible, not with “Sponsored Links”, “Advertisers”, or even blogrolls and related links, but rather inside text, looking naturally like a citation on a useful resource).

What SEO methods are still effective?

  • Article submissions, distributions and all ways of putting your content everywhere with links back still works to a good extent
  • Buying link, as previously mentioned has become widely spread and the top companies competing in highest paying niches, like gambling and finance spend hundreds of thousands of dollars monthly on buying links and spend lavishly at that.
  • LinkBaits are the new trend, have content worth to link to and spread the word around to get the ball rolling. If abused Google may look down upon them, but as long as it’s all fun and useful it’ll get you the good links and with them the serps.
  • Content – have good quality content plays a major part in the equation
  • Sponsored reviews, sponsored blog posts and sponsored links contribute to SEO also
  • .. many other methods as well.

What SEO methods will be effective in the next few years? As Google going more towards personalized search results and using users’ behavior patterns on site to better value their quality, as well as displaying more current and live results I believe most of the current SEO ways will become less effective. Companies will focus more on improving their sites, advertising and promoting their brands, constructing elaborate linkbait campaigns and heavily using adwords to buy targeted traffic (which naturally is what Google wants the most – people paying them for the traffic and not to the SEO’s to create spammy networks of content and links).  Authority in the eyes of Google will become a traded commodity and companies will still be buying their ways into the top of the serps, but much more carefully.

Will SEO as we know it today become obsolete in the next several years? Not likely, SEO companies will adapt, focus more on social media and quality as well as SEM and buying traffic. There would still be many new and low competitive niches to focus on to make a living for webmasters.

Quality content, good site navigation and naturally looking links will still do their trick. SEO the way I see it will become focused on more on the visitors and making them like and share your sites with friends. Links are still going to matter, but only the more natural looking ones and from trusted sites.

The death of SEO will merely lead to it reincarnation as being geared more towards the human visitors than the bots and focusing more on current trends and analyzing user behavior on your site.

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