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Originally Posted by gardenplant  It doesn't have to be restricted to the .uk extension. So snapnames could be a very viable option for catching .coms. Also you could make it a condition that one of the members of the consortium would be someone who could catch co.uk domains/have the software for catching .co.uk names privately. |
True but I know ******* also do this in the exclusive section with some BIG budgets, I also think .com is too competative and the prices paid (even at snapnames) are far too high for any great immediate returns.
As for some one catching names with their own software for the consortium I don't see how this works, the quality of names dropping these days isn't really worth the effort in any case.
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As for approaching endusers and offering them below market value "it doesn't take 20 people" I agree but you would if they came back with a higher counter that was still below market value but out of your budget.
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Entirely possible I suppose but in the same way what's stopping a single person climbing that ladder themselves starting smaller and gaining momentum?
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Anyway I'd be interested if someone on here was to start a domain buying consortium but I don't have the 10k capital to start with that you're talking about Jordan, I'd enter with 1K, even if it meant I had less of a say over what domains were bought. Like I said before it's about going up the rungs of the laddder, starting low and building up, before you know it we might hit the 200k point to go into the generic keyword .com market.
I do like your point though of not just "flipping" a domain but making it in to a website first, could exponentially up the value of the domain.
Andy.
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I agree it could work in some degree on the .com/.net side of things but for .uk (Which this forum is based around) I can't see it going very far.
If the consortium was for funding an uber domain that had solid plan behind making it work..perhaps even as a business (i've a few domains in mind) and we could muster £1/4m-£1/2m between 10-20 players then that's something i'd look at. There are a lot of prime names out there wasting away that could be made into very profitable businesses without massive amounts of time or money.