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Secrets to Buying Domain Names

 

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For everyone's knowledge, here are some of my secrets for buying domain names:

I have refined these techniques several time over the past year or so for regging new names or letting names drop. First, to determine if they have searches done for the name, phrase and keywords.

I will also check how many other web-pages refer to the phrase by using the words within quote marks on Google, and a few other methods as well. But my main criteria is the valuable Overture Suggestion Tool data.

If there are none or few Suggestion Tool returns, combined with relatively minor Google returns, I usually will not buy it or if I already own it, let it expire.

The only exception I ever make to these methods are if the name is a (believed to be) a common phrase, term or occupation, with perceived sales/development potential, though not popular otherwise. However, normally those exceptions are rare as I pretty much stick to my selection method requiring verified searches and returns.

I have already let hundreds expire using these methods and kept most names which have good returns on Overture & Google. My normal Suggestion Tool guideline is 50 or more returns a month and at least several thousand Google returns.

Keep in mind, Overture is a small player and only has approximately 5% of the search business, so 50 returns there is approximately 1000 or more done on all major search engines.

Google page-returns are much more likely than the actual searches done. These numbers and methods are somewhat arbitrary.

The Domain Name Game

Finding good business domain names for sale is getting harder and harder these days . . . especially a good '.com' - When making a turnkey website for resale, you must highly weigh the domain name factor in. This is VERY important.

Believe it or not, the domain name is 'half the website.' This is what your customers will notice FIRST and FOREMOST. They will envision it in their minds as their own . . . and, what is also 'behind' that website too.

Of course, the 'website itself' is a major factor in enticing buyers . . . but, just in case a buyer is not interested in the website itself, he may be very interested in the domain name. He might have a better plan for it, and end up ditching the current web site. So make sure you get a good domain name that appeals in more ways then one.

You can have domain name that deals with the subject or function of the web site. You can have a domain name that has nothing to do with the we site. You can make up your own cool sounding word and use it for a domain name. If you ever have 'domain block,' where you can't think of a good domain, don't worry. There are many ways to come up with a good domain name.

Some of the best domains are called 'non-branding.' This means that the name does not imply anything about a particular product or service. It can be a general word or phrase. These names are great because they are versatile, and can be used for virtually ANY website.

Another domain factor (depending) is character length. Shorter domains are preferred over long ones. Length CAN ascertain value, but only up to a certain degree. For instance, the domain "forsalebyowner" was resold for over $700k. We recommend trying to keep your domains no loner than 15 characters or longer as long as it is a very descriptive name.

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