Registering New Domains – Discovering Gems
I have frequently seen people lamenting that “all of the good domain names are taken.” I think this defeatist talk is far from the truth. Yes, just about all of today’s relevant one word (and most two word) domain names are taken. However, there are still some targeted, high paying keyword .com names that have never been registered before, and they are just waiting for you to buy them. These domain names are hidden gems just waiting to be found.
A few months ago, I was reading about subprime credit and mortgage issues. I did some searching, and I registered SubprimeHomeMortgages.com. Just a couple of weeks ago, I sold it for over a hundred times my investment. Some people thought I might have sold it for less than full value, but why be greedy? Registering new domain names is as easy as keeping up on the news and following trends. Many people I know in the business enjoy the thrill of hunting for great unregistered domain names as much as buying 6 figure names.
A couple pieces of advice on registering new domain names:
1) NEVER register names with trademarks. If the company wanted it, they would have bought it. Also, if there was traffic, unfortunately a tasting company would probably have bought it already. You are just looking for trouble.
2) Always read various newspapers, blogs, industry journals…etc. Domain registration is about speculation. I saw that there is new insulin technology, so I bought DisposableInsulinPump(s).com. Domain names cost $7 – you have much better odds than the casino!
If you are a person who thinks all the good names are registered, here are a few that I just registered last night:
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