Although I am a "Domainer" and buy and sell domain names all the time, I happen to be developing more and more domains. Doing this really makes me look at the domain names I am buying from a different standpoint. I think this will help me as a "Domainer" and could really help me for selling some of my domain names that I may have undervalued before.
One other bad part about this End User feeling is… LOL, I was in an auction Friday and I really wanted the domain name because I saw Huge Development for the long run of this domain name. Well, it could be good or bad.
The good, it is very likely I was bidding against another Domainer and it’s likely they were purely bidding for reselling. Since this domainer had that in the back of their mind and NOT development, may have lead them to undervaluing the domain name.
End User value of this domain = Priceless (at least nearly priceless)
Domainer value of this domain = ? (depends where it was listed for sale and the Day it sold! Friday and where it was listed Really helped me get a Great Deal)
The bad, since I am bidding as an end user in a way, I could over bid for the domain if I do wish to sell it down the road.
The Really Good… I have experience now in Both Fields! I am a Domainer, so I have a very good idea of what the domain name can sell for in the right aftermarket and secondly, I have the end user/development side of the coin now and know how important the traffic and domain name is to an End User who "get’s it".
Knowing this End User feeling now, I think it will only make me stronger as a Domainer!
Ms Domainer
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Good luck, Jamie.
Hope you get the domain at a good price.
I recently regged a fairly worthless domain because it fits in with my plan to develop a more lucrative site: MsPlease.com (a masked redirect to the main site).
Ms Please is the advice columnist of Please.info, so while a domainer might say WTF? an end user would understand my thinking exactly. This is actually a fun project for me; I have a great keyword (although the TLD isn’t great), with lots of possibilities, and I’m doing what I like to do best: giving advice.
So, Jamie, if you develop your domain, you will set the end value.
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RegFeeNames.com
It give you a great point of view seeing both sides of the industry.
I think you do need to set yourself limits when entering any auction from an Enduser or domainer.
Make sure that you dont over spend on a domain because that is cash that could be used to develop the name and see a longer and better ROI.
I think development is the way forward for most of the industry and the next 12 months we are going to see major change – Next year is going to be tough for parking, development and sales but those who surrive shall only grow stronger and with your knowledge and experiance Jamie I think in 2010 you shall have some nice developed sites and be making a steady stream on revenue.
Good Luck and please keep us all informed on each project.
Regards,
Robbie
Dave Ward
Hi Jamie,
I have to agree. When you are able to see both sides of the coin in relation to domain investing and development it is a major advantage.
Jay M
Its definitely a great prospect, buying a domain name and developing it into a niche business which helps explode end user value.
You will be able to bump the value of domain name from mere REG fee to whatever possible after developing it..
I’m also developing quite a few gems wit content and more to keep things moving for self & increasing domains potential -:)