Do You Own Your Name .COM?

Why It’s Important To Own Your Name .Com

One third of the people on our planet are now connected to the internet; that’s over two billion people worldwide. The internet has become a place where you can learn, do, watch, buy or sell anything you can ever imagine. The internet has all but eliminated the need for us to leave our house. We can get entertainment, human interaction, food, clothing, grooms and brides all from the comfort of our chair. This incredible boom has made the importance of owning your own personal domain name vital, as it is the hub for which you are known in the online world. Here’s some of the key reasons why:

It’s Online Real Estate- When people use Yahoo, Bing, or Google to search for an exact term, the .com is generally going to be the first result that pops up. A lot of people around the world will even just type the term in with .com at the end. The first website that they find using either method is the one most people believe is the authority.

Best Place to Start a Website- Your Name .Com is quick and easy to remember for the people that know you. It saves you the hassle of having to create a new brand and embed that in the head of your target audience. Website hosting is affordable and building a website is easier than ever. With free programs like WordPress, you don’t need to understand complex codes to be able to create a professional looking website.

Protection- Angry rivals or astute individuals with dollar signs in their eyes will not hesitate to purchase your name .com. Once it’s in their possession, it’s an arduous process to win it back. In the meantime, they can make a profit off of your fortune or slander your name.

It’s Professional- Any serious businessman improves their stock with their name .com. Business cards and resumes alike look stronger and a candidate more desirable. Morgan Linton, serial entrepreneur and International Channel Manager for Sonos Inc. told Astounde, “No question, if you plan on doing anything important in your life, it’s vital to own your name dot com.”

Flexibility- Once you purchase a domain name, it’s yours. Despite the occasional price increase from ICANN, you can register your name for as many years as you want and lock in a certain rate. No one else can stake a claim to that name so long as you renew it when it comes time. Not only that, there is no requirement to build a website on it, you can just hold the name in your account.

Ease of Maintenance- Unlike most things in life, your domain name only needs to be addressed once per year. Not only that, but you’ll receive a friendly e-mail reminder to do so. Imagine if the same could be said for haircuts, your garden, dinner, your marriage, or feeding your pet.

Branding- You are in complete control over the ‘you’ that other people see when searching the internet. You are in charge of the information, pictures, professional reviews and other information that a friend or prospective colleague will see. Your brand is in your hands.

Customized E-mail Addresses- No more JHB5277@gmail.com or tennisguy2012@yahoo.com. With your own domain name, you can create any e-mail address you can think of @yourname.com.

Help Avoid Confusion- There could be another John Smith out there who enjoys taking ‘artful’ photos of naked men, and decides to post the videos and pictures of such on your name .com. You can avoid this potential shortcoming by locking up your domain name.

Price- Buying a domain name is one of the best bang-for-your-buck purchases you will ever find in your lifetime. A domain name can be had for $9.99 on most domain registrars ($8.95 on DomainIt.com). If you click on the link below, it’s only $7.99. That’s the equivalent to one mediocre value meal. Amortize the cost over a full year and it’s just over ¢.02 per day.

Despite all of these positive reasons why owning your name .com is important, there are still millions of people around the world that don’t see the value. Many people do, though, and you may very well find that your name is already taken. If you are one of the lucky people whose name isn’t already taken, what are you waiting for?

Written by Mike Awada, founding editor at Astounde.com, a hip, future tech and gadget online magazine.

BitcoinWallet.com Sells For $250,000

In a Tweet and Facebook post by domainer and Bitcoin guru Niko Younts, he announced the sale of BitcoinWallet.com and BitcoinWallets.com for a combined $450,000.

BitcoinWallet (.com) just sold for $250,000 and BitcoinWallets (.com) is pending at $200k. #bitcoin #wallstreet

The sale was just announced on CoinDesk.com and goes into a bit of detail about the buyer Alex Charfen, an entrepreneur, author and motivational speaker. These sales (assuming bitcoinwallets.com sales goes through) will rank #5 and #7 respectively on the DNJournal YTD chart and I believe BitcoinWallet.com is the biggest Bitcoin related sale of all time.

Congrats to Niko Younts, he has been buzzing about Bitcoin and BitcoinWallet.com for quite a while now. It was just 10 days ago in another Facebook post he announced that he announced at the most recent Bitcoin conference that he was seeking strategic partnerships or VC for BitcoinWallet.com.

niko

RMDC Fall Meetup Next Thursday Night in Denver

Rocky Mountain Domain Conference Fall meetup is going down in one week!  The meetup is taking place Thursday, Oct 17th  in Downtown Denver at Katie Mullen’s Irish Restaurant and Pub (across from WTC on 16th and Court).  We’re expecting a great turnout and domain investors of all experience levels are welcome.  RSVP at the Facebook Event Page or via email.

Special thanks to this year’s 2013 RMDC sponsors we will have another great location, food and refreshments available (cash bar).  We also have a few valuable domain related prize packs and other giveaways for guests.

Name.com – Domain name registrar, hosting and more!

Toby Clements Newsletter – Domain industry’s hottest domain sales newsletter

Bodis – Buy, Sell and Park domain names

NameBee.com – Free, customizable domain name industry news and blog aggregator

Freshdrop – Expired domains search tools and marketplace

Pheenix.com – Domain name backordering

 

2013 RMDC Fall Meetup Location Announced!

While the NameTalent blog has been a little quiet this year, we’re still doing some serious domaining here in Denver and it’s about time to get together and talk about it!

The 3rd annual RMDC event will take place next month at Katie Mullen’s Irish Restaurant and Pub in Downtown Denver (beautiful location on 16th Street Mall, directly across from the World Trade Center).  We’re looking forward to getting together with our strong network of domain investors and industry partners again this year.  The last two years we’ve had great turnouts to our RMDC events!

RSVP at the Facebook Event Page or via email.  To be added to the guest list, or to inquire about sponsorship opportunities email info@rmdc.co.  We’re looking forward to seeing you there!

Six Domain Investing Tips From Mike Mann

Mike Mann posts domain investing tips periodically via his Facebook page. Mann is very outspoken and even controversial on Facebook.   Many of his posts discuss domaining, domain sales, web development and general entrepreneurship. 

Domain investing tip:  Proper domaining is a matter of filtering with many methods to get the .Com cream to rise to the top, the main one being “crowdsourcing” filtering, let the crowd tell you whats best and then you determine whats underpriced. For example someone in the crowd already registered it, the crowd bids it up, the crowd sends traffic to that term, the crowd bids on those words in Google, the crowd helps Google determine ranking, one from the crowd needs to buy this name later at a huge markup after a bunch of hits and other price requests from the crowd. Ie the crowd signifies demand, the supply is just one, and you need a great price and keyword .Com that will live for eternity.

Domain investing tip:  Buy .Com expressions that are spelled perfectly, contain keywords, lots of business use the words, in growing industries, and someone already thought of because “all the best ones are gone”. The issue is that it’s a buyers market and you can get such names for around $350 that should be worth considerably more now and in the future, and you can use them and potentially collect and leverage some traffic while they rise in value if you are careful.

Domain investing tip:  If you own great .Com domains GoDaddy, Sedo, and NameMedia/BuyDomains/Afternic have excellent systems for selling them online, and many other brokers can act as intermediaries too; but for web based selling systems, theirs are best established.

Domain investing tip:  Do a lot of research on your target names on google and using special tools related to keywords, comps, seo and ppc, similar names and sites, etc. Bid real low for the best ones when you are done with your careful study.

Domain investing tip:  If SmithInsurance.com cost you $15/yr and takes you 10 yrs. to sell thats a $150 investment. If there are more than 3 “Smith Insurance” companies in the world then most likely over 10 years you can sell it for at least $1000 and collect some traffic in the meantime assuming its not a trademark and you have done nothing illegal.

Domain investing tip:  When you are buying the best .Com’s (only names worth risking) test the limits of your seller since its a buyers market currently. Bid way too low until they sweat, then you know you are near the right price when they are ready to walk.

I interviewed Mike last December if you want to read more about his domaining background and strategy.  Which one is your favorite quote? Why?

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