(image source)
Strategy plays an important role in any business, the domain name industry isn’t an exception.
Frank Schilling writes:
In the next 2-3 months we’re going into many company’s financial year end, so people will be spending money on domains giving the overall space a lift.. That isn’t a great time to acquire names. I would attend Domainfest in LA.. go easy on the booze at the parties and listen to anyone who will talk about their story.. Take it all in.. speak with the exhibitors and ask smart questions about their specific niches to get an idea of where the lowest hanging fruit is.
I’d look at putting some of your money to work in Feb or March after holiday credit card bills start to bite individual name-holders. Buty names for a few thousand or tens of thousands depending on the value of the name and traffic.. don’t spend too much on any specific name in order to spread risk.. I would try to spend 10k a name but really look for prime stuff.. Names with treal trafic and obvious break-up value.
Read the rest of this insightful post at Frank’s SevenMile.com
0 Responses to “Strategic Investing With Domain Names”