Should You Register or Buy A Domain Name for Your eBusiness?
Kevin Jackson June 12, 2009 4

In every industry there are fanatics. There are people are you fanatical about aeroplanes (airplanes), some about cars, some about bikes, some about software development, some about travelling, and the list goes on.

Domaining is no exception. The good thing about domaining is that people can make serious money while treating domaining as a hobby instead of a business. Of course, if one is not careful though, domaining could cost a fortune, rather than creating riches.

When you read certain blogs today, you will know the ones making pennies from their domaining efforts by how much they moan and criticise others. Some people have a “grand” way of preaching the doom “factor”.

There are still people who do not accept that the buying and selling of domain names is a legitimate business. People seem to think it is wrong to buy and hoard domain names for the sole purpose of selling them for a profit.

I am not going to argue much here as to what people think, as people are free to think whatever they want. Sometimes people’s opinions are influenced by blatant ignorance.

Some of those who think that domainers are all squatters will never bring themselves to the state of mind where they will buy a premium domain name on the domain aftermarket. These are the people that you see whining on forums about how they wanted some domain name to use for a project only to realise that a “squatter” had already registered it.

There are people who pour their life-savings into dodgy investment and pyramid schemes. They were sucked in by the promise of very high return. Sometimes greed got the better part of them, while sometimes it is their sheer ignorance. Any second thoughts should have caused alarm bells to go off.

Well, it is the same thing with domain names. Either you get domains or you don’t. Your level of education will determine whether or not you get domains. Period. Those that don’t get it, or those who are bitter because they were not the lucky ones to register certain premium domains will try to portray domaining as a disgusting and immoral habit.

So, if you were starting an ebusiness tomorrow, would you feel comfortable in buying a premium domain name on the aftermarket? Would you think it is the right thing to do? Would you consider it as a waste of money?

To get started with an ebusiness could be as little as $15, or even less. Just register a domain name for $8 and then pay for your first month’s web hosting. You could easily put a website together for yourself, cost-free. You are in business!

However, as they say, nothing in, nothing out. If it cost you nothing to go in business, it won’t even cost you a second thought to quit when you hit the first hurdle.

People who are aiming for success will ensure that they start their ebusiness with the perfect domain name, no matter what the cost is.

Of course, depending on your ebusiness niche, you may be able to find some very decent domains that are still available for registration. If you do, by all means register them. Yes, I said “them”. You want to secure as many domains as possible to protect your niche.

However, as most top quality domains are already taken, you may be better off searching the domain aftermarket for the perfect premium domain, buying it, and then register similar domains to protect your future brand.

Here are some other useful resources you may find interesting, if you are new to domains:

Learn the domain basics
Registering, buying and transferring domains
What is a premium domain?

Tips and choosing the right domain name
Tips on selling a domain name on the domain aftermarket

4 Comments »

  1. Helder June 12, 2009 at 9:48 am -

    The truth is no one calls a real estate investor a squatter, one can buy lands and houses to lease or sell, and he’s a respectable business man. Why should it be different with domains? It’s virtual real estate, pure and simple that.

    Today is also seems it’s a crime if a domainer doesn’t put on a mini site with all its domains, it’s the development fever, if you have parked domains you’re almost a criminal, sad extremes this business falls in

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  2. Tony Smith June 13, 2009 at 10:29 am -

    When buying or selling of shares could take place online, why not buying and selling of domain names? The higher authorities need to be stricter in implementing new rules if the practice of domain name selling and buying are to be stopped.

    Tony Smith
    http://www.aafter.com

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  3. Kevin Jackson June 13, 2009 at 3:09 pm -

    Tony,

    That’s a great point there. I beleive most of the people who are calling all domainers squatters are just not knowledgeable enough about domain names.

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