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R Scott Hall - SuperWHOIS.com Domain Expert- 10 Laws for Domain Names
Domain names are a big business in the world. People can make millions off the sale of just one popular domain name; however, buyers and sellers should beware. The buying and selling of domain names are a business transaction and should be treated as such particularly with regard to trademark infringements and business structures. Aviva Directory recently published 10 laws regarding domain names that every person interested in this business should be aware of. The first law is domain sniffing. This occurs when a person is about to purchase a domain name, but someone jumps on the purchase right before you do. It's arguable as to whether or not this actually occurs, but is believed to exist. When you are just looking through the registrar, there is no law that gives you claim to purchase that domain name. It is possible your privacy was violated. In that case you do have something to work with.
- Domain Names vs Real Estate
When you have some money to invest, the most obvious profitable investment is in real estate. You know with real estate that prices will inevitably go up at some point, and if you sell at the right time, could make hundreds of thousands of dollars. It is possible that domain names could be a better investment than real estate. Just like homes are different, domains are different as well. Homes are becoming less and less unique and are even often referred to as "cookie cutter homes" because they are built on model tracks. Every domain name is unique. While there are many that have variations in spelling or have the same subject, they are all different. With homes, there can be one home similar to another which give the buyer more room to negotiate, while there is only one domain name and you could, therefore, hold a monopoly on owning that name which gives YOU the negotiating power.
- How to Sell Domain Names for a Profit
There are hundreds and thousands of ways to make money through the internet and one of them is through the purchase and sale of a domain name. A domain name is a word or phrase that people will commonly recognize when they are surfing the internet. It is _domainname @____.com. It is a growing business to purchase a domain name and then sale it for a profit. For example, when someone is surfing the web for a pizza place, they may just type in pizza.com, because it would be the most common and logical way to surf. Someone in the pizza business will find it valuable to own that domain name because pizza.com is commonly surfed and their result could pull up first. The more people viewing your domain name, the more valuable it is. When purchasing a domain name, you will need a credit card as you can only purchase them online. You should also study the business of domain names, just as you would when investing in any business or venture.
- Valuable Advice When Investing in Domain Names
Domain names, when wisely invested can be quite lucrative, just as investing in real estate would be. It's picking the right name, following the registration requirements and selling or trading at the right time. With any investment, you want to be well informed of exactly how and when you can turn a profit and there are important considerations before you want to even make your purchase. The shortest name is almost always the better option. Phrases are ok, and some of them will get a lot of hits to your site or get you plenty of offers for decent money, but keep in mind when people are doing searches they usually just put one or two words. The less words, the more hits you are likely to get. Avoid domain names that have hyphens or numbers. People rarely if ever put either of those in their searches.
- What to Consider with Domain Investments
Investing in domain names has become more and more profitable. Those who bought names when they first became available are now selling them for millions, if they were wise in their purchase of course. A domain name is _________@__com. It is the keyword people type in when surfing the internet. The more generic the name such, the more hits the site is likely to get. It is a growing business and often that web site becomes the brand name. When that brand name becomes built, it becomes worth even more money. Domain names are an investment just like real estate is an investment so simply purchasing a domain name does not guarantee you a profit. There are many things you should consider in your purchase.
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