Good Value Drop Auctions
I just updated the list of top drop auctions on Snapnames. IMO, there are some pretty good domain names to be had, some of which have been selling far below end user values.If you are able to purchase commercially viable domain names at good prices, and you create a directory site or mini site on each, you can increase the value of them during the down market, while hopefully generating revenue.
I recently bought CabCompanies.com in a private seller auction on Snapnames, and I launched it a few days later. The website is a national directory of cab companies and limo companies. Although there isn’t much content (yet), it’s a decent starting point. I also paid less for the name and website than I think the domain name alone is worth.
I think my next project will be different and won’t use a database, I will find an industry with 5-10 industry leading companies that use affiliate programs. I will then build a site that discusses each company and provide an affiliate link for people to buy each company’s product or to visit the company’s website. When someone Googles “XXXXX companies,” my site will hopefully rank in the top 5 because it will be the exact match, and I will make money when people visit. It will almost be a ratings type site, but without the ratings
Anyhow, I am curious about what you think CabCompanies.com is worth as a standalone domain? Do you see any good domain auctions where you could build a site?
Reach out to Elliot: Twitter | Google + | Facebook | Email