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Choosing Domain Names > Names for End Users
So you your parking a few domains and there making okay money, but you think you could make more if you sold them and reinvested the money into more expensive and higher income domains.  However you are making some money and your rent's paid for the next 6 months so there is not a lot of hurry for you.  You are a perfect candidate for selling domains directly to end users.

Unfortunately, like most of domaining there is no guaranteed formula for choosing domain names to sell to end users, but there are some common steps most people follow.  Hopefully by now you have read and somewhat understood the section that describes a good domain name.  So we will skip that for now and look at the specifics for finding domain names to sell to end users.  If it looks similar to the steps for finding domain names for type-in traffic and typo's that's because it is.  The basics are always the same, it's from the details that you make "real" money.

Here some steps to find a good domain name to sell to an end user:

1.  Niche -Decide on a niche to concentrate on for the "session".  Meaning for the time you have set aside to look for domains focus on one subject area.  Hopefully an area you know a fair amount about.  For example I have some IT certifications so I focused on IT certifications for my subject to look for type-in domains.  I would also recommend you concentrate on one area at a time, since it will take awhile for you to get a feel for the type sites that end users are using in this "niche".

a.  Keep track of the high traffic sites you find in the niche.  You can either take a guess by the amount of content, forums, and feel of the site for traffic or use Alexa or other tools.  This site may end up being your customer for your site.

2. Research - To research possible keywords we try to find the main web sites for the subject for example certmag.com and see what type of words people tend to use.  Also do some searches on Google. 

a. One easy thing to do is go to a main web site of the industry and view the web page by Source (IE go to View > Source) and look at the meta tags (right after the title a meta tags) this gives you some keywords to research.

b.  Use other tools like Acronym Finder, for names try Names, for the largest US cities try this wikipedia list.  Use your imagination and experience. For more tools check out the Resources.

c.  Track the keywords you look for and compare them to the site names you found in step 1.  This will make sure you stay with somewhat similar names.

3.  Stats - Check to see how much people actually do search with these words using tools like Overture, Google by running a search your looking for over a 1,000,000, but sometimes can take less. 

4.  Availability - Open up a registrar's page and try to find one with bulk registration like GoDaddy.com which allows you to search up to 500 names at once. Or if your looking for country .TLD's or to see everything available with the domain name I like Network Solutions, but it only allows 10 domains at a time.  At this point you just want to see if it's registered at all.  We recommend brainstorming your domains all at once even if you come up with some wacky names as some of them might end up being gems.

a.  When checking for availability of good domain names it's useful to utilize tools that help you combine keywords into possible domain names.  These tools can be as simple as an excel spreadsheet using concatenate command or programs like NameBoy.  For more of these tools check out the Resources section.

 

5.  End User Sense - Does your potential domain make sense for an end user, does it sound good, is it short enough, but still make sense.  Remember your going to sell it to an end-user they need to be able to understand it right away it should be something you can say on the phone and people would know exactly what your talking about, because that maybe what you do.  Here are some things to consider when registering a name to sell to an end user:

a.  Is it a geo name (geographical name)?  Is the area big enough to support selling the domain?  Okay you only need one person to sell a domain, but be realistic how many people\companies do you need to sell this domain to the people who don't have one or would redirect from it.

b.  Realistically how much money would they spend on "branding" this domain to make it recognizable?  The more "branding" money the lower you price and likelihood you'll sell the domain name.

c.  Is it too generic?  For example the odds of Samsung wanting televisions.com is low because they already spent billions establishing the "brand" name Samsung.  Of course for most small-medium business your trying to sell to this may not come into play.

d. Does the name match a product\service that a company is selling without of course violating trademark issues.  For instance guttercleaning.com.

e.  You can go with "brandable" names just remember what you think is brandable and what an end user does may be two different things.

6.  Common Sense - Okay your happy so far now use your common sense.  Just because Michigan DWI Lawyer pays a lot and is searched a lot does not mean LawyerMichigandwi.com is a good name.  In fact I will research names a session and then wait 3 days prior to registering them to make sure I'm not out of my mind.  Yes you'll lose some but you make up for it in the money you save.  Take a look at some of the horrible domains I registered before I knew better - Bad Domains.

6.  Register - Finally your ready to register your domain name.  Check out the Domain Registration section and then the Domain Parking to learn more about how to park a domain.

Most of the common type-in domains are gone like televisions.com, cars.com you can purchase them, but they will cost in the hundreds of thousands of dollars possibly the millions.  However you can still find smaller type in traffic like cismtraining.com which I registered for Certified Information Security Manager training and it gets around 80 type-ins a month.  So find a niche and pickup those type-in domains.

Try Some of the links below for additional articles on choosing a good domain name.

Tips on Choosing a Good Domain Name

Choosing Names by NameNewbie.com
http://domainsmagazine.com/Domains_3/Domain_6130.shtml

 


 

 

 
 
 
 
 
 

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