Hey everyone. Just wanted to share one of my techniques for getting really good brandable domain names for website projects.
My secret: Domain Auctions
Seasoned “domainers” will already know this trick, but many internet marketers do not know, so I wanted to share.
If you’ve ever launched a website or online service (and most of you have), then you’re familiar with the pain of finding a good domain name. As you know, it’s really hard to find a good, short, memorable, pronounceable, dot com.
If you’re going for a short, memorable, “brandable” name, such as Etsy.com or Baidu.com, then you’ll eventually find yourself browsing the names on a retail site. And if you want to buy a good, short, memorable, pronounceable, dot com, then you’re going to spend a LOT of money.
For example, on one well-known site you’ll have to spend $960,000 USD for Treo.com. For Vodo.com, you’ll have to spend $156,000 USD. Of course, you can go to the bottom of the barrel on that site and pick something up for $3,000 USD or $4,000 USD. But those names are really bad, they’re hard to spell, and they’re not pronounceable at all.
So here’s what I do when I want a great “brandable” name for a project. I check the expiring auctions at Namejet, Dropcatch, and Godaddy (there are others, but those are the ones I use). When domain names expire, they (if they’re good names) usually go to auction on one of those sites, where “domainers” bid on them and secure them for future sale. These domainers basically buy the names at wholesale prices, and then they sell them later at retail prices. This is, of course, a viable business in and of itself. But that’s not what I’m talking about in this post.
I’m talking about securing these names for YOUR existing – or planned – businesses.
If you go to these auctions, you can get nice brandable names at wholesale prices, yourself. You can also get keyword names for yourself, though it’s rare that the keyword you need for your niche happens to be at auction. But brandable names are always available.
For example, I once bought Yanga.com for $1950 USD through a Dropcatch auction. And I once bought Zerb.com for $1208 USD from a Namejet auction. (I had planned to develop both of them, but shortly after buying them, I received offers I couldn’t refuse, so I sold them.) More recently, I bought Qerky.com for $115 USD from a Godaddy audtion. I do still have that one, and I do intend to develop it.
And if you don’t want to spend that much money, you can always get two-word brandables for very cheap. For example, I recently bought TempleFire.com and LonelyPirate.com for $8 USD, each.
The point is, you don’t have to settle for a terrible “hand-registered” domain name. And you don’t have to spend a fortune on retail priced premium names. Use the technique that “domainers” use in order to secure great domain names for yourself.
Very nice.. Will follow your techniques to get my next domains
DM me if you have any questions. I’m happy to help!
Thats something awesome!!
This is interesting, I never bought any domain in the auction, but I am definitely going to try next time! 🙂
Thanks for sharing it.
Let me know if you have any questions about it!
Seriously, I was thinking to buy a domain. And, this information worth a lot.
That’s some great information TIM. I never bought any domain in the auction but I Will follow your techniques to get my next domain.
That’s something awesome! Do you create a lead page after purchasing the domain?
No. I list them for sale at Afternic (this automatically creates a premium listing at Godaddy); then I forward the domain to the Godaddy listing page. For example, if you go to Intelligente.com (a name I currently own; one that I bought at auction), then you’ll see what I mean.
I had domains like bewithgoogle .com, hotmail .trade in the past but never able to sell due to copyright issues, nor I renew it.
Thanks anyways for the tips.
Yes, you definitely want to stay away from trademarks.
This is very good advice, most of my domains have 2 words.
These are great ideas
Woah this is incredible, although I do have a question regarding owning a domain and renting it. because most of the platforms only let you rent it.
18 upvotes & 13 comments, this wil be 1st post to get 100 plus upvotes, how many agree?
Hey Tim. This is great information. I have a question. Suppose i want to purchase the domain of my own name. What will be the cost? As you’ve mentioned, two words, brandable, are cheap . And my name consists of two word eg Saadlone.com. Will it follow the two name patterns and will be cost effective similar to what you’ve mentioned above?
I just checked and SaadLone.com is available to register, so you can get it for around $10 to $15 (per year) from any registrar that serves your home country. I would just go to Godaddy.com and register the name. Then you could start a free website on blogger.com and configure the blogger website to use the new domain name. Blogger.com provides instructions for how to do this. You could have a website up and running in about 30 minutes (for a cost of $10 to $15).
That’s some great information TIM. Will definitely consult you before purchasing the website. Thanks for sharing.
Happy to help. You can send me a private message with any questions.