How To Select Your Domain Name

Not too long ago I used to preach and practice that you should "Never register your domain name through your web hosting company however attractive the deal might appear" Why? Because in the past it was not uncommon for web hosts to react somewhat angrily to the idea of you transferring those ooooh so delicious annual registration fees to a competitor. But times have changed, the web has matured, web hosting services have matured. Most recognize the fact that the big bucks come with providing quality service.

And what's more some very reputable web hosting companies provide some very attractive domain registration packages coupled with hosting.

So go ahead and take advantage of those cheap domain registration/web hosting packages just as long as the hosting company is well known and reputable. If you ever do find yourself in a domain transfer battle you can contact the International Corporation for Assigned Names and Numbers (ICANN).

Another thing to consider when registering your domain name is not to rely solely on your domain name register to ensure that the domain name you have in mind is available and does not infringe on someone else's trademark rights (unless you enjoy being sued). To be doubly sure your domain name has no trademark infringement issues, after conducting a search for its availability on your domain name register's website, you can also check at the United States Patent and Trademark Office (USPTO) http://www.uspto.gov.

When registering your domain name it's a good idea to register it for more than one year. The reason being that, other than the usual discounts you get for multi-year registrations from most domain name registers, Google (and perhaps the other search engines) consider multi-year registered domains as less likely to be spam sites. Consequently, right off the bat your site will have a search engine advantage (at least with Google), such as a shorter evaluation period in the Google Sandbox.

A final note about domain name registration; there are plenty of domain name registration companies out there, all eager and equally willing to register your new name. Domain name registration prices range from as little as $10 a year up to $35 per year and beyond. Generally there is little point in opting for the more expensive registers because you more or less get the same service. In fact some of the cheaper domain name registration companies provide better quality service.

However whatever service you use, make sure that your domain name is registered in your name. Some less scrupulous domain registration services have been known to register new domains with their own information. You can verify that your domain is registered with your particulars at: http://www.internic.net/whois.html.

THE DOMAIN NAME GAME

So what kind of domain name do you want? Do you want to pick a domain name incorporated with a targeted keyword, or do you want to take the memorable-brand route that the likes of Google, Yahoo and Amazon (to name but a few) have done with astounding success. Well, if your website is going to be business related or involved in some form of commerce it makes sense to have a well-searched-for-keyword incorporated within the domain name. The majority of online businesses are still found through search engine queries. By and large though, a good rule of thumb is to incorporate the most searched for term (for your market) in your domain name.

The shorter your domain name the more memorable it's going to be. However you'll discover that most one-word/two-word domain names have been snatched up already. One alternative you've got is to hyphenate your targeted keyword with another word. The jury is still out about hyphens though, but most seo experts concur that hyphenating a string of words makes a long domain name more search engine friendly. The downside is that when it comes to word-of-mouth dissemination most folks won't bother including those pesky hyphens, with the resulting consequence that intended referrals to your domain could end up on your competitor's doorstep. So as you can see, the whole process of naming your domain is a fine balancing act.

CUTESY ARTSY DOMAIN NAMES

There's a budding artist in all of us waiting for just the right moment and place to show the world we are the new Leonardo da Vinci. Be that as it may, but naming your domain is not the place to express that inner artist. Avoid cutesy names interspersed with numbers in place of words (e.g., 4 instead of for), they'll only confuse potential customers and torment you with heaps of regret somewhere down the road. In fact the best rule of thumb is to avoid numbers in your domain name altogether. However, if on the other hand your domain functions merely as a cyber-platform to let an uncaring world know you exist, then by all means let loose!

Bottom line, your domain name is your online identity, so try to choose something that is memorable, fares well with the search engines, and also inspires confidence and respect.

These days there're more and more choices for domain name extensions. This is great news because it is getting increasingly difficult to find a good domain name ending in .com that runs under twenty letters (okay that might be a wee bit of an exaggeration but you get the point). However the drawback with using anything other than a .com extension is human nature. You see people are creatures of conditioning and habit, and given a choice of precisely similar domain names, (other than the extension) you can bet most of us will instinctively beeline for the domain name with the .com extension--Without question the .com extension is the most recognizable.

Also think twice before settling for a top level country code domain such as co.uk. Unless you are located in that region and ship primarily within the area, such a domain name could have a negative impact on your business. Think about it...a potential customer based in the U.S. or another part of the world is not going to relish the prospect of forking out a mini fortune for shipping and handling fees when they can easily find a more local competitor. In the same vein try not to regionalize your domain name (unless your business caters to a market found only within that region) because you'll probably lose potential customers who reside elsewhere.

Source: http://www.artipot.com/articles/19108/tips-on-how-to-select-your-domain-name.htm By Ba Kiwanuka



Domain Parking Vs Domain Development

The "Should I park my domain name and monetize it that way or should I develop a website?" is a pretty old debate among domainers. And I believe it's proof that laziness will always win over sensibility.

There are a variety of ways to monetize a domain name. Most domainers who deal with a lot of domain names like to park their domains at Sedo, GoDaddy, or other services that help them monetize the name.

Others build made-for-adsense websites that have little real value, intending to get visitors to click the adsense ads. This is not much different from parking the domain names.

Very few domain name sellers or speculators develop real websites or blogs on their domain names. Why?

Even though they intend to sell their domain names, they know that this usually takes a lot of time. Finding a buyer isn't an overnight process in most cases. Most domains that are finally sold have been owned by the speculator for years.

Parking those domain names is the way they try to cover their costs of registering the names year after year. Most of their domain names will never sell because they want way more than they are worth. Most domain speculators are hoping for that one big sale, kind of like playing the lottery.

During all that time they are holding onto their domain names, they could be building websites, doing affiliate marketing, blogging, and more. The problem is that those things require work. And we all know how much people like work.

Most people who join MLM programs, get involved in domain speculation, or fall for get rich quick schemes do not want to work. They are hoping to fall into thousands of dollars without having to do any real work.

This article won't win me any popularity contests among domainers. But if the truth hurts, too bad. It is not ALL domainers who are lazy. There are many who work very hard at their profession. They learn to master the traffic their domain name brings in and make a business out of it.

This article is more about those who just go out and register a bunch of domain names they believe are creative, hoping that someone is going to come along someday and give them a bunch of money for what they consider to be creativity.

For some it is their second job or hobby. For others it is a habit. I've known domainers who mortgaged their house to buy a lot of domain names they will likely never sell for enough to cover the loan.

In my opinion, the smart move is to develop those domain names into real online businesses. If you own one-word generic domain names that have type-in traffic, this doesn't apply to you. But if you are like most domainers and you own a bunch of made up domain names, two and three word domain names, etc., then you should think about developing those domain names into a business.

A domain name's real value is in the traffic it generates and what that traffic may or may not buy based on the keywords that helped them find that domain or website in the first place.

Let me rephrase it again. Your domain name is not worth anything more than you registered it for when you first register the name. Once you analyze the traffic that domain gets, it may or may not increase in value.

If just parking the domain name gets very few clickthrus for the ads placed on it, then your domain name is not worth but a few pennies over the price of registration.

All it proves is that a few people who end up on that domain name will click an adsense ad. To a business, that means nothing. It doesn't even prove that any of the traffic generated by that domain name will actually buy something.

However, if you create a business plan that matches the domain name, and you develop a website based on that business plan, and people do actually buy products, services, subscribe, join, or click through to your affiliates, you show that the domain name you own has business potential.

A business owner is much more likely to buy your domain name if it has a proven profit potential than if they just think you have a cute catchy short domain name.

It can be as easy as installing free wordpress software and picking a free theme for your blog and writing to it daily with original content.

The bonus is that it may also rank well for your keywords if you do it right and know a little about seo and social bookmarking.

If you develop a business model that is just moderately successful and you add that it has a good ranking for some key phrases, the value of your domain name is quantifiable and much more appealing to anyone that may consider buying it from you.

My opinion is based on having developed hundreds of websites and blogs and having bought and sold over 500 domain names.

There are a few people around who have bought and sold more than I have.
There are domainers who have made a lot more money than I have by monetizing their domain names or by directing the traffic from their domain names directly to websites that are owned by businesses.

But, again, they have the right domains and tools to do that with. Making up domain names or owning a bunch of 2-3 word domain names does not mean you will be one of these. You won't be. Those I referred to in this article should begin thinking about developing their domain names if they want them to have any actual value.


Source: http://www.artipot.com/articles/195306/domain-parking-vs-domain-development.htm By Chris McElroy