Advantages & Disadvantages of Domain Industry Jobs
From time to time, I will post a job opening or two at a domain industry company. Some of these job opportunities are at domain brokerages, some are at parking companies, some are at domain registrars, and others are at companies that operate in the domain investment space.
For someone who wants to work in this space, there are a number of advantages and disadvantages to getting a job for a domain industry company, and I’ll share my thoughts with you. As always, you are welcome to share your thoughts as well, and if you work (or have worked) for an industry company, you can tell me if I am right or wrong.
- More people are buying domain names than ever before, so there’s a larger audience.
- The business of selling and marketing domain names is still developing, and people who are able to innovate in their roles can advance within the company.
- Many industry companies are small, allowing employees to help make key decisions and grow the company.
- There are hundreds of conferences and tradeshows (mostly outside of the domain investment space), so there are an abundance of travel opportunities in the US and abroad.
- People with various backgrounds buy domain names, allowing industry employees to work with all sorts of people.
- It seems like there are plenty of entrepreneurially-spirited companies in this space, giving people a dynamic and exciting work environment.
- The opportunity for a growing salary is present due to the growing nature of many companies.
- For a variety of reasons, the domain name aftermarket has lost value over the past few years, leading to many cutbacks.
- Non-compete clauses may prevent employees from going out on their own to start their own domain investment business.
- Non-compete clauses may prevent employees from working for competitors in the domain industry space.
- Some of the people who patronize domain companies may be “rough around the edges” a bit and may be more demanding than clients who have worked with corporate account managers before.
- Competitive nature of the business may make it difficult to become wealthy.
- Smaller companies may not be able to offer top tier employment benefit packages.