Is Domain Parking Worth the Trouble?
If you’re thinking about getting into the domain parking industry then I’ll let you in on a little secret: The odds are stacked against you. This business has been dominated by a few big players for a while. If you’re starting from scratch, then you have as much chance to succeed in this game as a Tibetan monk with violent garlic allergies has at establishing himself as a dominant player in the Italian Mafia.
The domain parking industry is fundamentally flawed because it is passive. Any business plan that involves a lot of sitting around must eventually fail. It’s similar to any get-rich-quick scam that uses the phrase, “Just sit back and watch the money roll in!” I’ve heard countless eCommerce, Adsense and affiliate schemes that make this claim. They will tell you to have faith in their system, they will warn against doubters who want to steal your get-rich-quick dreams away from you. But I tell you: Don’t buy into anything that says, “Pay me $99.95 and I’ll tell you the secret to making money without having to work.”
Obviously some people make a living in the domain parking industry. I will tell you how they do it. First of all they have tons of awesome domains such as gardens.com or love.com. They do not depend on domains such as “ilikegardensalot.com” or “ireallylikelovealot.com.” Any domain with two or more words will probably never make back the money you spent to register it.
Be wary of buying domains that seem clever right now because they probably suck. You will discover this after it’s too late to cancel your domain choices and get a refund. It doesn’t even matter if you and all your friends think your domain names are clever. What matters is what the general masses think is clever.
Keep in mind that you need people to type your domain names manually. Search engines won’t help you because they hesitate to even acknowledge your parked pages. So you have to ask yourself honestly, “What are the chances of someone typing in ireallyreallylikegardensalot.com?” In order for your domain, ireallyreallylikegardensalot.com to pay for itself an average of one hundred separate people will have to type that entire domain every day.
You might try buying thousands of dollars worth of domains in hopes that they make more than what it cost to register them in the first place. If you purchased a domain from scratch that made $5 dollars more than what it cost you to register it per year, that would be a miracle. So what if you could find 10,000 similarly miraculous domains? Then you would have an administrative nightmare on your hands.
Another option is to purchase domains that are already popular. Suppose you bought a kick-ass domain for $20000. Suppose this domain was so awesome that it made you $1000 dollars per year on cash parking. How long will it take for this domain to pay for itself at that rate? 20 years.
Try to maintain a shrewd, business mindset. What’s the payoff here? What’s the timeframe before this investment starts to make a return above its original cost? Will the internet still exist by then?
There are a few domain parking companies that will do you right, such as NameDrive.com, Sedo.com or Godaddy.com. I am currently with Godaddy.com, making an average of 15 cents per click, which is unbeatable as far as I’ve seen. At this rate, I only need 10,000 clicks to break even. I’ve spent weeks’ worth of income and months’ worth of brainstorming energy to come this conclusion about domain parking: It’s not worth it.
by Patrick Roberts www.BooksByPatrick.com
Posted by admin Date: Wednesday, March 17, 2010
Categories: Good Domain Names
Tags: Domain, Parking, Trouble, Worth
Is “freedom” Worth Fighting For?
If it is, then why are we as Americans letting NAFTA do as they please when it concerns AMERICAN roads? The “Pilot” program about letting Mexican trucks ANYWHERE in the US continues to go forward even though Americans spoke out against it.
This goes the same for the NAFTA “Super highway” going from Mexican ports all the way into Canadian land and the first “Check point port” is in Kansas City. This is called the Kansas City Port for those of you who do not know the name and wish to look into this. They are taking away millions of acres away from US citizens in the name of “Immanent Domain” to create this highway.
What about how the Mexican Army continues to cross our Southern border into the US to help aid drug smugglers into the US?
What about the two border agents who are still in prison because they were doing their job to protect the US? The drug dealer that they shot is looking at major time because of his actions.
Posted by admin Date: Sunday, October 18, 2009
Categories: Domain Name Value
Tags: "freedom", Fighting, Worth
What’s The Scoop On Godaddy.com? Anyone Used It-is It Reliable? Easy? Worth It?
I currently use Piczo.com to make a website, and I guess now we can get a domain name and “point” it to our piczo site to have just ourpiczositename.com instead of ourpiczositename.piczo.com.
So, I was wondering if doing that is easy, and do I just purchase a name and thats pretty much it?
thanks for whatever advice or tips you can give
Posted by admin Date: Tuesday, October 13, 2009
Categories: Domain Name Value
Tags: Anyone, Easy, Godaddy.com, Itis, Reliable, Scoop, Used, Whats, Worth
Is Mobileme Worth It If All I’m Using Is Iweb?
I made a website using iweb, but now I’m getting email notifications saying that I need to renew my subscription to MobileMe, which is, I guess, what iweb runs through, but I didn’t have to pay for it when I made my website, but now I do apparently. I don’t use MobileMe in any other way.
It costs $99/year, which is only $8.25/month but I still don’t want to pay for it, partly because I’m pissed they tricked me into using their software, only to say now that I have to pay or they’ll delete my website…. which is good blackmail because I don’t want to lose my website!
I don’t even like the fact that to access my website you have to type “web.me.com/blahblah” I’d rather it be just “blahblah.com” anyway.
Should I pay to keep my website? Or should I let it just be erased and buy the domain name of my choosing (would that even be cheaper?) and remake my website through something else all over again (would this cost money too)?
Posted by admin Date: Monday, October 12, 2009
Categories: Domain Name Value
Tags: Iweb, Mobileme, Using, Worth
How Much Will Www.7logo.com Be Worth?
i really want this domain name.. how much should i offer it?
Posted by admin Date: Thursday, October 8, 2009
Categories: Domain Name Value
Tags: Much, Will, Worth, Www.7logo.com
Is My Site Really Worth This Much?
Me and a friend built a website for our own purposes..It has vBulletin and all that good stuff…
We are using Byethost Hosting and a .co.cc domain name.
We just launched, and we have been advertising some, but I would have never thought…
I found a website value estimator.. It said 7.98 Million! I was like ‘Whoa! No way!’ I tried 3 more estimators, they said the same…
To be honest, I think there has been a mistake, but could this actually be true?
Heres what I get from WebsiteOutlook:
Net Worth : $7.98 Million Last updated Today
Daily Pageview : 3642384
Daily Ads Revenue : $10927.15
Posted by admin Date: Sunday, October 4, 2009
Categories: Domain Name Value
Tags: Much, Really, Site, This, Worth
Will Websites Be Worth?
will websites be worth money in years to come as domain names will run out or they will be really crap domains and all the goo ones that have been bought now will they be worth a lot of money in the futer do u think
Website Worth: How Much Should I Sell For?
My website has been up for about 1.5 years. The site ranks well with MSN, Yahoo and Google. However, the site has NOT made any $$$ cause I have not had the time to sell ads or really promote the site.
That being said, the domain name has been appraised at leapfish.com for an Estimated Value: $16, 296.00
I’d like to sell the site for a reasonable offer. Any ideas?
Posted by admin Date: Friday, September 25, 2009
Categories: Domain Name Value
Tags: Much, Sell, Should, Website, Worth
How Much Do U Think Damness.com Worth?
I’m selling a domain name & I need suggestions on how much should I sell it!
I much do you think www.Damness.com would worth?
Posted by admin Date: Wednesday, September 23, 2009
Categories: Domain Name Value
Tags: Damness.com, Much, Think, Worth
How Much You Think Moneychanger.ws Is Worth ?
Hi guys,
Just bought a great domain name.
You guys think how much this one is worth if i were to auction it at some great auction site such as ebay etc etc.
Hope to hear from you guys soon.
Thanks.
Posted by admin Date: Sunday, September 13, 2009
Categories: Domain Name Value
Tags: Moneychanger.ws, Much, Think, Worth