Brief Introduction To Domainer Income – Video

Over the past few days, people have written to me asking for two things.

1. A brief overview of Domainer Income

2. Specific details on different parts of the system.

The reality is, Domainer Income has so many advanced features, we simply cant squeeze into a short video. So I’m going to do a series of videos, focusing on specific features and how YOU can PROFIT from them.

I have just posted this general overview up on Youtube.

I love hearing your feedback, so please leave a comment and let me know what you would like to see.

Domainers Go Wild

Two days ago we went public with our Domain Investment Platform. The response was more than we could have imagined. People have been pouring in – signing up day and night. In fact, I stayed up to 3am just answering emails and talking to people who called us on the telephone or jumped on Skype to have a chat.

The great thing for me personally is knowing that people are already reaping the benefits from Domainer Income. I’m not going to mention names, but I thought I’d share some things:

This morning I spoke with a guy who develops domain names in a particular niche. He wanted to know how to use Domainer Income to find specific keyword domains. e.g. weight loss. When I told him he could search our database of 1 million+ domains that are for sale/auction, and showed him how to do it in just 2 clicks, he was blown away. “OMG – there is nothing like this – LOOK how fast THAT is!“.

Last night I had a call from someone who couldn’t believe he could find and buy domains with high PageRank. He went crazy – REALLY over excited – it sounded like he was jumping for joy! He just couldn’t believe it! In Australia, we call it a eureka moment.

As I type this, its 6pm on Friday night – I just got off the phone with another customer who has 5,000 domains – he wanted to know if Domainer Income could help him track his portfolio. Absolutely! Excel spreadsheets are a thing of the past – we keep track of expiry dates, DNS records – the LOT! I think I just got him his life back!

I was also appreciative of the kind comments offered by people on Facebook and Twitter.

Over the past couple of days, *many* people have reached out and shared with me their stories and frustrations with existing tools. The thing is – I agree! We created this investment platform well before anything else was out there. Now the cat has been let out of the bag. We have raised the bar considerably and we are going to keep raising it!

Out of all the people I’ve talk to, chatted with and received emails from, one common theme has emerged. Its the the lack of information sharing in the domaining industry. People just can’t believe we have published the information we have on Domainer Income. In fact, pretty much everyone I’ve spoken to has said “thank you”. One prominent domainer (who will remain nameless) cautioned me that many domainers might feel threatened that we have “levelled the playing field“. My response was “too bad, so sad“. I used to have the scarcity mindset, but not any more.

One final example: one of our Free Members emailed me personally to say he would love to upgrade to the Professional membership and get all the analytics and metrics from domain auctions, as well as the portfolio management tools. In the email he said thanks for creating the Free membership as it gave him access to our Expired Domains database (which we update daily). He said that he is going to work his way up to participating in larger auctions. That was really nice to hear because I know $$$ can be tight for some people.

To see which membership is right for you, go here.

Domainer Income Goes Public – What It Means For Domainers

About 3 years ago I made one decision that dramatically changed my life for the better. Just like the butterfly effect, that decision is going to change other peoples lives for the better too. Before I tell you what happened, let me give you some context.

As some of you know, I’ve been using the Internet for a long time (I started in 1989), before Mosaic, Netscape or the even the web. For the technical people, back then it was all about Bitnet, ftp and gopher, but that’s another story…. The fact is, I didn’t buy my first domain until the mid 90′s and I didn’t sell a domain until 2002! Why? There was simply no way of monetizing domains like there is now.

When I first began investing in domains, I tried and tested everything I could get my hands on. If there was:

A product – I’d buy it
A service – I’d subscribe to it
A forum post – I’d read it.

To cut a long story short, there wasn’t anything on the market that did what I wanted, so I developed my own system to help me find and buy, the RIGHT KIND of domains, but on a massive scale! It ended up being so big, we built a farm of dedicated servers at a top US Datacenter just to run it! It was a system that “plucked needles from haystacks” over, and over again!

But that led to another problem….

I was buying great domains and hording (stock piling) them. My behaviour was like Gollum from Lord of the Rings – my precious domains yesss….owww dot com….so beautiful. They were mine, mine MINE! In what seems a complete contradiction to many domainers, ego wasn’t a big a part of it. Why? I simply didn’t talk about it. I didn’t go to conferences. I didn’t have a blog back then either. It was “head down” and a hell of a lot of hard work! Then something changed. From a personal standpoint, this was the “tipping point” that changed everything for me….

One afternoon I was talking with my wife, Anna; I’ll never forget this conversation. Our system had identified a lot of high quality domains the week prior and I’d purchased all of them. Ok, I admit, I was actually complaining about the number of domains – there were too many good ones! Of course – I wasn’t going to let them drop or go to someone else for THAT price! If you buy at auction, you’ll know what I mean. Anyway, Anna said “Well why don’t you give this system to other people then?” I burst out laughing and said “Are you crazy? This is making us $$$$ – I’m not telling ANYONE about it”. Lets also not forget that domainers are a very secretive bunch. After a very long, somewhat heated discussion, Anna convinced me to release our domain investment platform to the public. I ended up showing a few domainers what we had done (under strict, non-disclosure agreements of course) and they were completely blown away. There was, and still is – nothing like it.

But that was 3 years ago! What happened I hear you ask? Well, I’m a perfectionist. If I was going to put my name to something, then it better be “the best in the industry”. Those that know me personally, know that I have a professional / corporate background, and have a firm belief in customer support. As such, we spent a lot of time and money making the interface more user friendly. We produced “how to video”s, created detailed online help, a customer support desk, we added all the trimmings a professional investor would expect. Of course, redesigning the site three times with a team of designers doesn’t help either. The fact is, we have been working day and night, making this happen. Its consumed late nights, weekends, kids school holidays – even Christmas afternoon (I should have been sleeping off lunch).

Now its done.

Would I change anything? No way! I still believe that there are MORE than enough domain names for everyone.

I also know this – Domainer Income will:

a) Help many people to generate passive income – making a HUGE difference to peoples lives from a financial standpoint.
b) Take the Domaining industry to a new level.
c) Create a level playing field, by making information available to everyone.

Today, YOU have an opportunity to be a part of that.

So – here is the result of many years of hard work – an enterprise grade, Domain Investment Platform. You now have everything you need to Find, Buy and PROFIT from domain names. Where do you start? I’ve created many FREE videos that explain Domainer Income in more detail. There is also a FREE Membership too – so nobody misses out on an opportunity to start making money with domains.

Please leave a comment and let me know your thoughts….. remember – this has been my baby for many years. I’d love to hear what you think.

Simon

Halvarez Stimulus Check From Snapnames

Many of us including Acro and myself have been discussing Halvarez for years – look at this thread on DNF. This isn’t anything new. Having experienced this first hand, you can see the date and time stamps I posted in the thread!

Unfortunately we may never REALLY know what went on. What is good, is that Snapnames had the guts (some could call it a moral obligation or duty of care) to admit they had a problem and are in the process of addressing it.

Can I suggest a few questions to be added to their FAQ:

Q1. Given all the noise (some could call it evidence) in the industry, why has it taken us 4 years and 8 months to identify this?

Q2. Given due diligence, accounting standards, segregation of duties etc.. how come we failed to identify this in the first place?

————-

• Bidding affected approximately five percent of total SnapNames auctions since 2005, most of which occurred between 2005 and 2007.
• The incremental revenue from the bidding represented approximately one percent of SnapNames’ auction revenue since 2005.

• Enhanced monitoring of bidding activity for suspect behavior
• Additional controls over financial transactions
• Specific domain name registration policies for employees

SnapNames, and all in the Oversee family of companies, are deeply disappointed with this incident.  Since its founding in 2000, SnapNames has been committed to the principles of fairness and trust; the company wants to assure customers—through both words and actions—that it remains committed to those principles.

Letting Go Of Your Domains

I had to make a few hard decisions this weekend, both of them philosophical in nature when it comes to domain name investment.

I backordered two domains (com and net) last year that were closely linked together by topic. Both of them were parked at a well known parking company. While both domains got a bit of traffic, they just werent converting. To be honest, I probably could have sold them on DNF for $XX, but I just don’t have the time.

Another domain name I won at auction many years ago has been declining in both traffic and consequently revenue. In 12 months to date its made US$4.50 on a very popular topic. In my book, that’s not enough, so I decided not to renew any of them!

The domain names are now gone, expired, thrown back into the drop. Some domainers that I know would have a heart attack and say “But you could build a site around X and use Adsense and blah blah blah”. But do you *REALLY* have the time to do this? Are you *REALLY* going to do it anyway?

What are your thoughts on this? When do you draw the line and say, enough is enough?

Auction Won: In Your Registrar Account = Not Your Domain?

At what point is a domain name yours? When you have won the auction and its in your account at the registrar? Think again.

On Feb 2, 2008 I won a Snapnames auction with a final price of US$173. The domain has more than made its money back, yesterday it made US$1.50.

When I won the name at Snapnames, the registration provider was ItsYourDomain.com. The domain expires in December 2008 – so I thought it was about time that I transferred it out to another provider.

Over the past few weeks I’ve been trying to get the name transferred. The domain is in my account, I have the auth code, transfer shield was disabled – everything is ready to go.

The only problem was that it appeared that SecureWhois appeared to be on and therefore my new registrar couldn’t send emails to the admin and technical contacts. Here is what it looked like:

Registrant
Pending Renewal or Deletion
SecureWhois, Inc.
pend...@onlineaccess.net
96 Mowat
Toronto, ON M6K 3M1 CA
+1.4165385428
+1.4163520113 (FAX)

After a number of failed requests to disable SecureWhois, I received this email from their Technical Support staff:

“It looks like the domain had expired long time ago and was deleted from our system, it is now in pending delete status at the Registrar level. If you are interested we can check the price to get the domain back from the registrar.”

I was thinking… wait a minute…. something isn’t right here… I won this thing in Feb! So after writing back to their support dept asking them to “get the domain back immediately” – I decided to give them a call…. and by some miracle, they answered their support number!

It turns out that I never received the domain in the first place! Although the name appeared in my registrar account and I could make changes to it, the domain was “marked in the system” as being a backorder, and not actually “allocated” to me. After feeling somewhat in the twilight zone, I was told that they would immediately put a request through to allocate it to me and that I should see the change in the whois record. Sure enough, the change went through. That domain in my account that I’ve been making $$ from is now… well… mine.

What’s the lesson learned from all of this? Just because you see a domain in your account at your registrar, doesn’t mean its yours! Check the whois record.

P.S. Yes, this is a separate issue from yesterday. I don’t know whether its the “law of attraction” here, but everything seems to be happening at once!

Snapnames Auction Won/Lost = Monikers Fault ?

Update: Snapnames responded to me overnight stating:

—

Dear Simon,

The registrar was Moniker. They have informed us that they have put a
system in place to prevent this from happening again.

Sincerely,

SnapNames

—

I’d like to keep an eye on this issue. If you find yourself in the same position, with Snapnames or any other backordering company (NameJet / Godaddy) then please let me know or post a comment up here.

In the meantime, who’s really to blame here? Moniker for not passing the name onto Snapnames (I wonder what their contract says) OR Snapnames for not checking that they can auction a domain name?

What do you think?

Lessons Learned From A 5am Auction

Sedo Appoints Nunez

On August 1, Sedo’s Chief Strategy Officer Matt Bentley left “to pursue other opportunities”. At the time, Tim Schumacher was reported as saying “Matt will no doubt continue to be a tremendous asset to Sedo in his new advisory role.”

Fast forward a couple of weeks and its been announced that Sam Nunez will handle Product Development, Marketing and Strategy.

You’ve just gotta love those warm, fuzzy, cuddly Germans.

It appears that Nunez has been around the traps. He has worked at both Oversee.net, Ask.com and SGI.

“I look forward to helping Sedo strengthen its market position in the global domain name marketplace,” said Nunez.  “Sedo will continue to leverage its tremendous success with online auctions, as it extends other services such as live auctions, globally.”

Good luck Sam. We will be watching closely to see what pops out of Sedo.

Edit 29/8/8: A point of clarification. I’ve just been contacted by a representative from Sedo who tells me that Sams role is purely product management and Matt is still an advisor with Sedo.

Police Lose Their Domain – Russian Snaps It Up

Eureka is the county seat and principal city in Humboldt County, California, United States.

It’s been reported that their Police Department has allowed their domain name to expire.

The new owner of eurekapd.org in Russia has allegedly kept some of the content.

Police Chief Garr Nielsen told the Eureka Reporter that he wasn’t aware of the domain name being taken over and made it clear he didn’t want the Web site online anymore, but the city of Eureka has not yet decided if it is a “problem” or not.

Well… my guess is that it will be – especially when Jack Bauer comes looking for an answer!