Monday, February 13, 2012

Domain Speculation

I've been really sad of late about the large number of small businesses web sites which have failed in the last few years.

Small business is about building equity. I had assumed that businesses will building equity in their web site. But, since I had contempt for the domain speculation process, I never investigated to see if this concept was true.

Anyway, I've been exploring the concept of buying and selling domains.

Last week, I successfully sold the domain through the auction service. I moved the contents of the domain to the subdomain

Being a silly person, I decided to buy a domain. This way I would experience both sides of the auction process.

Anyway, I decided that I would buy a domain. I searched through several hundred domain names that were on sale and bought the domain BaitShop.US.

I chose this domain because I have affiliate relations with some wonderful small angling web sites. So, I put up a one page affiliate web site.  I plan on waiting a year, then putting the auction up for sale again.

Anyway, I am finding this game of buying a web site with the purpose of reselling it at a later date to be quite informative. There is a very interesting rhythm to the auction and domain transfer process.

Although I have no intention of going into domaining as a profession, I think it valuable for people interested in web development to engage in the process simply to investigate if the concept of building equity in a web site holds true.

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