Is Domain Name Speculation Big Business?
If they failed to notify their domain registrar of changed email address, they may never have received their domain renewal notice. Actually, it was nothing to worry about because the hosting company had merely changed ownership.Depending on who you believe, there is a supposedly roaring trade in domain names.
Most businesses still regard their domain names as of lesser value than their trademarks and trade names. So while you earn from your visitors you can also be offering your site for sale or auction and some names have been sold for hundreds of thousands of dollars, even millions. Suppose, you had registered that domain name earlier, so you are the person who sets the price and win the deal. So combining 60,000 words with a possible 60,000 other words results in 3,600,000,000 possibilities. If you were selling a product for $29.95 and only 1% of those 100,000 visitors made a purchase – then that would be 1000 sales totalling $29,950. If anyone is able to do this on a regular basis, like once a month, then this has to be a good business.Many have tried to do this and found that there is not such a rush for names.
A recent example can be seen in the rush for Zune related names. Purchasing a domain name which has a trademark opens a can of worms which may get a person in trouble. A dot net extension is for networks, a dot biz for businesses; there are also dot govs, for government institutions, dot edu for educational institutions, and dot org for organizations. There are possibilities that a number of domains connected to business houses dropping and becoming defunct in this year. This has diluted the field and thereby speculators are not able to hold people up to ransom as much.With the use of .net, .biz, .info.
They are country code top-level domains, generic top-level domains, and infrastructure top-level domains.
Well dogs.com is gone, I’m sorry. For example, a good domain name for a site about dogs might be “dogstuff”. But you might be able to have variants like my-dog.com or my-only-dog.com. I am suspecting that mydog.com is gone and myonlydog.com is also taken. They could each point to a unique site, or they could all point to the same site or specific landing pages within a site.I recently had to buy a replacement glass tray for my microwave oven. If you are providing a service, you should include the location of your business, especially if the service is to be local and not an internet provision.
To them success is simply holding on to the name and selling it for profit to those who enters the arena, and thus, the silent internet warrior just looks on. There is a huge number of IT companies that sale/purchase/estimate domain names. Apart from these TLDs which are called generic TLDs and are under direct control of ICANN, there are many country code TLDs or ccTLDs which are country or region specific. For example: If you are selling an e-book that shows people how to train their horse for dressage, some of the phrases in your list may be “horse training” or “dressage training”. Eventually they settled on .ws the domain ending for Western Samoa.
” I would be inclined to say that it is not as big as some thought it was going to be. It was slowed down by a law in the U.S. that protects trademark name owners from such activity.Domain Speculation: There is still a certain amount of domain speculation that is legal.