Example 1: lets say a company owns 1 tld , for instance .com and .co.uk is for sale (assuming a uk based business) .. Question: Is iT fair to assume you as an individual could purchase the avaliablE tld names and contact and sell this domain to them via sedo. I.E i buy the .co.uk and email company telling thm its for sale on sedo. if you could flip 30 per month for say $50 - $500 dollar profit.. do you think this is a good business venture... most grateful for any feedback from some of the experts out there. regards dr.web
It's a very bad plan. There are anticybersquatting laws to prevent this ($100,000 fine). Generally speaking, if the company wanted the other tld's, they would have acquired them for the same reg. fee you just paid. Contacting the seller to sell them their domain name can also be used to prove bad faith in an infringement claim - and in a UDRP action, they could take the domain from you without any payment.
oh right, so by just purchasing the same name with a different tld is an infridegment? surely in a capitalistic commercial state one can trade freely as the name would be owned by mysefl? right?
Common law trademarks are established by first usage - no registration is needed.. If you are registering domains of another company, they already have prior rights to yours. In some cases, just registering the domain is likely infringement (for instance, anything with microsoft, google, facebook, ebay, coca cola, etc.) In other cases, just registering the domain in itself wouldn't be infringement, but what gets you into trouble is approaching someone else who was using the mark before you to sell it to them. You can't go out and try to capitalize on the goodwill that another company has worked hard to establish. Find your own mark, spend countless hours marketing it, invest a boat load of money, and then see how you feel about some Johnny come lately trying to make a buck a your expense and hard effort.
well let me tell you something , domaining is a very profitable venture, but like any other business you need to put in money you need to buy goods from market and make flips. What you are talking about is what makes domaining look bad, what you want to do is register a domain , like a company in uk uses companyname.co.uk you want to register .com and try selling it to them, this is a direct trademark case they can wipo and get the domain from you and fine you also. But what you can do is start with a little bit of money 100-1000 , buy good domains from the market , forums and auctions and before start buying anything review its market and all that , invest in domains like 4letter.com's , keyword domains or when you get lucky register some good ones. But before start buying anything , get off from dp and go to namepros or dnforum, learn the market , learn what makes domains a good domain and learn the market and start buying and in little period of time you can start selling it on forums trying to flip it , you get lucky something . But dont expect too big if you not investing certain amount of domains, registering 100's of crap domains is also not going to get you anywhere , you have to learn what profitable. I am speaking from my own experience , when i started into domaining , i regged like 100 crap domains and whenever said my domains weren't thatgood , i didnt care what they thought and after few months on market and after i learned the market i knew what i did was mistake. thanks
It's probably one of the worst plans I have heard since the invasion of Iraq. As everyone already pointed out, it's a 15 year old idea that is illegal now. Amazing that you didn't think something so obviously simple hasn't been thought up and tried by a million people since the 90's. No it won't work, it's a bad idea, and you need to learn more about domaining before you waste any money. There is no business plan in domain flipping that will let you count on 30 sales a month. There is no way to predict the market or what profit margin you will make from sale to sale. You can bet money that if you are just getting into it, most of what you register is going to be garbage..that's just where we are now with availability. Maybe if you had started 15 years ago, you would have some nice ones, but the only way to get them now (without luck,and thousands are searching everyday hoping for the same luck) is to invest and buy them from others, and then flip them. At this point in the game, without a BIG bankroll to build an inventory, there is probably more money in development for you, than domaining without a large budget.
thanks all for the ffedback guess i will head back to the basement drawing board! whats the best way to make money on the net, surely you guys are making 1000s per month right?
I agree with you but its not necessary that one need big budget to get into it. IF one have 1-2 k budget he can earn quite money, epically in this market the number of domains that usually used to go for XXX are going even for xx and low xx , the ones that goes for XXXX are going for low xxx and mid xxx . Same with 4 letter domains ,not the crap ones like xtyz.com but something like pronounceable , all premium letter, 3 premium letters they are going on for good reseller prices you can buy them now , and you can flip for good price in few months of increase, target end users for them. Marketing etc and the money you earn from it you should spend half of it buying more domains and keep the money flow. thanks
That's as vague a question as you can ask. There are hundreds of ways to make money online. None particularly "better" than the other, you just have to capitalize on your corner of the www. Just like any other business online or offline. It's no different.