DomainFest Trend: Business Development | DomainInvesting.com
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DomainFest Trend: Business Development

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With parking revenue down across the board in the last couple of years, many people have taken steps to create different revenue streams with their domain names. While at DomainFest, I learned about a number of new ventures started by domain industry veterans, and I was impressed to see this.

These new businesses cover everything from product sales, services, and data management, and I want to share a few of the new ventures I learned about with you.

Tom Breen is someone I’ve met at a number of conferences but had limited business conversations with him. Like me, Tom is a big Red Sox (and Boston sports) fan, so we’ve had many sports conversations but I never really knew what he did.

During one of the parties, we were talking business, and I learned that he recently started a very successful local deals site called The Local Deal.  Focusing on the area around where he lives, Tom has built quite a big advertiser base and has made a dent in the local market. The company is looking to expand, which is good news and an important step with competition heating up from national companies like Groupon.

Jodi Chamberlain is probably best known by many for her work at Offshoring.com and for Latonas.com during the TRAFFIC conference planning process. She has a gregarious personality, and it’s likely she’s smiled at, waved at, or hugged you at once conference or another.

Via Facebook and at DomainFest, I learned Jodi and a friend have started a boutique soap company called The Cute Side. The company produces its own line of soaps that are sold online and in some brick and mortar stores. The company just recently launched, and with Jodi’s passion, I would bet it’s going to be very successful.

A friend of mine insisted that I have a meeting with Luc Lezon from Estibot, and I was very glad I did. Although I have been critical about Estibot’s domain appraisal tool, I think it has many helpful attributes (like CPC rates, monthly searches, page rank…etc.), and I listed the site among my 10 favorite domain tools.

Luc and a business partner have started a new domain management tool, and it has a great tool I intend to test (and test often). The tool will allow people to find domain sales leads for the domain names they want to sell.  The tool even says why it selected the particular contacts (paying for ads, name is part of the domain name for sale, name is similar…etc).  There are many more aspects to this tool, but this is what I look forward to testing most.

There are a number of other people who have moved away from domain parking in the past year to start their own online business. It is going to be fun to watch these people grow their companies over the next few years.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (13)

    Mark

    Informative post Elliot.

    Enjoy the game.

    February 6th, 2011 at 3:19 pm

    Steve M

    Thanks Elliot.

    Do you know how/where Luc’s new domain management tool (and/or detailed information concerning it) is accessed?

    February 6th, 2011 at 4:25 pm

      Elliot

      @ Steve

      Not sure, but I will provide an update when I learn more.

      February 6th, 2011 at 5:20 pm

    John doe

    Great post. I wish more of these kinds of posts for those who cant attends conferences.

    February 6th, 2011 at 5:20 pm

    FX

    http://www.leftofthedot.com/ is another company that was launched recently for certain types of domains.

    February 6th, 2011 at 6:47 pm

      Elliot

      @ FX

      Yep… Left of the Dot and Right of the Dot are two companies that launched recently. Both companies have very experienced principals.

      February 6th, 2011 at 6:50 pm

    Jodi Chamberlain

    Elliot as promised I will be sending you, Karen and Lucy some soap! Email me the best address and we’ll place them in the mail this week. jodichamberlain@hotmail.com

    Great seeing you in L.A.~

    February 7th, 2011 at 2:05 pm

    Jamie

    Elliot,

    Have you seen or talked to Luc since? Having a hard time contacting him. It seems he is making it really hard for people to contact him for his DRT software tool. I tried countless email addresses and all bounce or do not function.

    March 28th, 2011 at 11:41 am

    Elliot Silver

    @ Jamie

    I’ve been so busy I never followed up with Luc.

    March 28th, 2011 at 11:42 am

    Jamie

    OK, let me know if you find a way of contacting him that works please.

    March 28th, 2011 at 11:43 am

    Elliot Silver

    @ Jamie

    Have you tried calling him?

    March 28th, 2011 at 11:45 am

    Jamie

    Recorder via the phone number in whois.

    March 28th, 2011 at 11:52 am

    Elliot Silver

    Maybe try Facebook or DNForum PM?

    March 28th, 2011 at 11:53 am

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