Zelle is the Paypal/Bitcoin killer.
For the past 4 years I’ve watched as improvements have been made to the ACH payment system. Transfers from Paypal moved to 1 day in the few years, a great improvement. So one of the benefits of Paypal and Bitcoin are the fast transfer (well not so much with BTC anymore). But you knew the banks would have an answer. The answer is Zelle. I’ve used it for personal transfers where I knew the other side of a domain transaction… now I use it with my business account.
And, like Paypal at the start, there … Read the rest
Ok, so its now 2020. If we still wrote checks we would have to worry about putting the 201x.. oops thinking it was 2019. The news about the 2020 election has probably put 2020 in our nomenclature in the USA more than any year since 2000.
But I still have one more year to finish my decade to do list, and that means one more year to do something that will make my personal best of the decade list. For the first decade of my domaining I’m going with selling 2 domains for over $1,000,000. So far my second decade … Read the rest
Ok so I’m negative on Namescon again. Can’t wait to meet domain investors needs in other ways in 2020. With Namescon’s new discounts announced this morning, you could be going, with a friend for less than the price of regular ticket. Of course is a shorter show, no meals and no idea who is speaking.
Buy one at 30% off, and get a free ticket is how it reads.
Panic price drop, I can’t tell? Of course this usually signals weakness in attendance, and can lead to disgruntled purchasers (ok me) who bought at the last deal price.
Add to … Read the rest
Buying domain names can be an obsession. As we have seen recently Verisign is worth billions, and .org is now worth billions also, because of the amazing potential and possibly profit to be made owning domain names. I have seen similar attributes in investing in oil and gas wells, land and acreage.
It all happens because we assign real money to potential value, even if never realized.
When I used to evaluate tax advantaged investment for clients in the late 80’s, like oil wells, we would evaluate oil wells and fields based on certain categories.
For oil, this meant proved … Read the rest
Godaddy has moved all in on investors and if you’ve been profiled as an investor, you see this login page.
If it were only that easy. I think it would be more accurately described BUY REPEAT MAYBE SELL.
BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY
get the point.. BUY BUY BUY BUY and maybe after 1000 names you will get a sale.
So for most investors its:
The reason I started this blog is I’d … Read the rest
As much as we all remember our sales, the truth that also jumps up at most domainers is almost all of our names don’t sell on a given, day week or even year. And we are tempted to deny that there is anything wrong with that. I do the same, to my detriment.
The actual returns from selling each name in Domain name investing are incredible. But do we use the 90-99% margin on hand registrations and low bid auction bidding to justify probably holding many times more names than we should. In the premium namespace, sales of 2-50x and … Read the rest
This was a head-scratcher for me.
Verisign published their monthly domain report. AirBnB and Taylor Swift jumped out at me because I think in retrospect, – to quote those few of you who remember the I Love Lucy show – someone may have some “splaining to do”.
Now I think within fair use domains should be able to use TM words if they are not trying to confuse the public, or using under fair use. Very few domain name investors make use of their domain names so domainer WIPO cases may not be the best way to set a standard.… Read the rest
The latest acronym from the B2B, B2C line is now Direct to Consumer, or Direct to Customer (D2C). Its everything in the startup world with millennials.
To compare it with dating, assume your going on a date with your customer. Keep it between the two of you, Threes a Crowd.
You need to connect with your customers directly? To advertise, To deliver. To build a relationship. Your goal with your website strategy should be; Can you build the systems to attract, engage and deliver your own value proposition to clients and customers? And can you do it alone?
… Read the rest
So right off, lets be clear, I am biased. I sell and write about premium domains. But I think a reasonable guideline is needed. I think operators and investors of internet or e-commerce businesses should spend up to 10% of one years sales, or if a startup at least 10% of your friends and family round, on a good domain name.
Why? Because you save so much money operating a online business, but now where will you spend the savings? If you apply the same saving money emphasis to your image, brand, internet address and first impression – you hamstring … Read the rest
This is a Puppy
They need to be loved, and given food and water.. and they love you back. They mean something. You care about them, you invest in them, sacrifice for them.
This is another small dog..it should not be left alone, it should be taken in, it should not be let out to face the world alone.. You should sacrifice for this dog. You should spend money on this dog. You should put the needs of this animal before your own. Let it become part of the family.
Now puppies are one thing, and bad domain names … Read the rest