Monday, November 7, 2011

About Domains

We are still on the topic of domains. Some internet marketers are promoting very hard their ebooks, membership sites which sell nothing but domain names.Don't confuse this with the domain registrars mentioned in my previous post.The domain registrars let you register brand new domains, whereas these marketers registered the names which they think will be popular then resell them for higher price.
I tried them all, but did not make any money. Now come to think of it, who in his right mind will want to pay more for domain when he can just register it cheap? Maybe you have to tweak the name slightly, but no big deal, it still works. True, in the early days of internet boom, many huge corporations had not got bitten by the internet marketing bug yet. They did not bother to register their trade marks and let their brands/trademarks to be registered by some cunning marketers. When they finally wanted to go online, alas, their names were already taken! They have got no choice but to pay huge sum to buy back their names.But those were the days, you can't do it any more. The trademark law has now covered internet also, a few cases were brought to court and were won by the corporations who own the names in real life world! So don't try it, else you will find yourself landed in court!
The only way you may hope to make big money by selling a domain name is to emulate the founders of Yahoo, Facebook, Youtube. Can you? Sure wish you can! If you own such a domain name it is hard not to become rich.
There is yet another group of marketers selling ebooks on how to make money through "parking" your domains.They urge you to register hundreds of domains and then park them at their websites, they will pay you commission when visitors click on your domains parked there. The money earned is less than a fraction of that would be earned through Adsense if you were to use these domains to create websites and insert the adsense codes in them.why is that so? It is because visitors were tricked into clicking on these domains but found that they are either empty pages or broken links. The next time they see these pages again, they will close the window without hesitation.
Yet many people were attracted by the idea of not having to pay any hosting fees and no work were needed, but they find out the truth later and end up with tons of domain names which they do not need.

No comments: