For Sale p90xworkouts.co.uk. over 360,000 searches per month

[Ashton]

It's no 'scheme' that's precisely the miss-conception people have about domaining - its either a squatters paradise or a get rich scheme.

There are many viable ways to make money using domains - trading in them, developing them and more. Just read this forum for a bit, or if you're impatient then this is a good book to get you started in the right direction:

http://www.amazon.co.uk/dp/0953593215/?tag=acorn06-21

Good luck

 

[landbo1982]

cool, thanks for the advice mate, im just looking to make some extra money thats all. didnt realise id done something so wrong. sorry to everyone on here that i offended, i jumped in the deep end too fast. sorry guys

 

[robrob is verified member.]

Ok, from what I have read I thought you could make some extra money

Where did you read this?

 

[landbo1982]

all over the internet it say you can make extra money from buying and selling domains. im sorry for causeing trouble, i was just trying to make a bit extra for me and my family, i was never gonna trick anyone into anything. i got told that p90xworkouts was worth hundreds and thats why i bought it, i didnt know anything about trademarks

 

[domainseller200]

Come on guys cut this chap some slack. He obviously didn't know what he was doing, he has apologised and also stated his intentions honestly.

Welcome to Acorn domains James - it is possible make money buying and selling domain names, have a look around the forums and read as much as you can before registering any more domain names.

Good luck and look forward to you posting more

I just added some rep to get you back to Green also - some people are too quick to jump tbh !

 

[SFSF is verified member.]

Come on give the guy a break he said hes sorry

Its an easy mistake to make, most new people think the big brands, big money but its the total opposite with domains, you need to stay away from big brand names and try to register names for a product or service.

 

[landbo1982]

thanks domaindseller200 and DB. i honestly thought i was on to a winner when i bought that domian, now im shitting myself. I just wanted to make some quick money, nothing major, just some spending cash for family. sorry guys. Il call it quits beore i upset more people. sorry

 

[SFSF is verified member.]

Dont worry about it mate, you are not the first and you wont be the last,

Have a look at this thread, http://www.acorndomains.co.uk/domai...s-your-last-reggd-domain-s-86.html#post311575

with a bit of homework and some searching you will be registering good domains in no time!

 

[Ashton]

thanks domaindseller200 and DB. i honestly thought i was on to a winner when i bought that domian, now im shitting myself. I just wanted to make some quick money, nothing major, just some spending cash for family. sorry guys. Il call it quits beore i upset more people. sorry

You really don't have to call it quits! Don't worry too much about making 1 mistake, its part of the learning process and its no big mistake anyway - just delete it from your nom account and its all sorted.

The reason people were fairly aggressive towards you is because domaining as an industry suffers from reputation problems - caused by domains like that. Domainers who own these domains and purposefully register them are squatters. Yet we are hit with the same reputation, people who trade honestly in generic domains. We see them as the real estate of the internet.

One of the reasons we also get the 'scheme' reputation, is because people join, register crap domains and then leave before they have put enough effort in to actually turn them into something. (Edwin said something similar to this a while back, credit to him!)

If you decide to stick with it, I am happy to give advice (and theres plenty of it on this forum to trawl through) so feel free to drop me a pm about the next domain you plan on registering (before you do!)

 

[landbo1982]

thanks DB, i thought id done my home work but obviously iv just been had by someone with the domaind iv bought. p90xworkouts aint the only one i bought

 

[EdwinEdwin is verified member.]

If you're just starting out, to avoid problems, you probably need to be MORE cautious than somebody with a lot of history in the industry, rather than LESS cautious, until you're totally comfortable with what you're doing.

The safe approach is to stick 100.00% to product/service domains that describe something in completely generic terms. By generic, I mean the same way that the dictionary would describe them, and that every company in the industry describes their own branded versions of that product/service. You're looking for terms that do not depend on the efforts of one particular company to make them popular.

A few examples may make this a bit clearer, I hope...

"fitness workouts" is generic. Nobody has created a brand around "fitness workouts" because it just describes the actual "thing" in normal, every-day language. "P90x workouts" (as has been covered in depth on this thread) is not generic, because the interest - and value - of the expression has been created "artificially" by one company.

"operating system" is generic. But an expression that included "microsoft" or "windows" (in a context that could be interpreted as referring to software, not the glass windows) isn't generic because Microsoft has created the value and the interest.

"free email" is generic. But "hotmail" is a brand that has been created through the effort of its founders, and later by Microsoft after they bought the company.

NOTE: the fact that something is incredibly popular and talked about absolutely everywhere is a very, very poor measure of if something is generic or not! You simply MUST go back to basics, think of the dictionary, think of the industry, think of the products/services within that industry and how EVERYONE talks about them (everyone = all companies competing within that industry) and that's where you'll get the real clue as to whether something is generic or not.

A few more examples...

"mp3 player" > generic; "ipod" or "walkman" > brands
"car parts" > generic; "volvo parts" > brand (the expression only means something because Volvo the company has made it mean something)
"diet programme" > generic; "atkins diet" > brand

Another way to think about it is to imagine filling in this sentence...

_______ (brand) is a ______ (generic)

Hoover is a vacuum cleaner (Dyson is a vacuum cleaner etc.)
iPhone is a mobile phone (Nokia is a mobile phone etc.)
EasyJet is an airline (Ryanair is an airline etc.)
Heineken is a beer (Grolsch is a beer etc.)

I've bolded the generic in each of the above examples. As you can see, every company in that niche would describe their BRANDED product in the same GENERIC way. It's that GENERIC expression that's safe to work with.

I hope this is starting to clarify the difference between generics (safe territory, worth investing in if the product/service they refer to is commercial enough, but likely to already be registered) and domains that include someone else's brands and trademarks (dangerous territory, best avoided)

 

[alexalex is verified member.]

Great post Edwin, I think the industry needs more information like this for people starting out.

Il call it quits beore i upset more people. sorry

Don't worry about it, I'm sure most of us have been there - I know I have! After joining the foum I learned loads and have actually made a profit too which always helps. You just need to put the time in - one thing domaining is not is a quick way to make cash, but there is plenty of cash to be made.

 

[landbo1982]

thanks edwin, thats a great post and alot of help. il try again and this time i will change my expectations. i was under the impression i could buy a domain and sell it straight away for profit. i was only expecting to make £40-50 on each one. is that realistic?

 

[EdwinEdwin is verified member.]

thanks edwin, thats a great post and alot of help. il try again and this time i will change my expectations. i was under the impression i could buy a domain and sell it straight away for profit. i was only expecting to make £40-50 on each one. is that realistic?

No, that's not realistic. It is very, very difficult to buy a domain name "from scratch" and resell it immediately. Domains are not like loaves of bread at a bakery - you don't have a queue of customers lining up to buy a particular domain name.

One exception: if you "catch" a decent generic domain name that just expired and dropped (if what I'm saying doesn't make much sense, please take your time to read up a bit further as there are THOUSANDS of posts on this forum about catching dropping domains). Because in that case, if the domain name is commercially desirable, there will already be a lot of eyes on it (all the people who are trying to catch it) and so marketing it for sale on here or on DomainLore may result in a sale.

On the other hand, if you find the right buyer for your domain name, you could earn much more than £40 or £50. We frequently sell domains in excess of £1,000 each, and there are plenty of others on this forum and elsewhere who do the same. It's a question of having the right domains in front of the right buyers at a price that makes sense for them.

 

[SFSF is verified member.]

Edwins just copying what i am saying

But a more detailed post enjoy edwins posts he knows what hes talking about

 

[alexalex is verified member.]

Edwins just copying what i am saying

But a more detailed post enjoy edwins posts he knows what hes talking about

I apologise, I didn’t give you credit where it was due. Although what you said is absolutely correct, I feel there is a need to really spell out how the industry really operates to new entrants. For anyone interested in doing this domaintutorials.co.uk is available

 

[AuthorityDomain]

when I first started buying domains for use for developing we built a website and was making money off it for a fitness product only to receive a letter from the companies solicitor to take the site down as we were infringing on their trademark.

Once you've learnt the once you won't do it again. We were lucky that it didn't go further than that. Simply taking down the site and a nice letter back explaining we weren't aware sorted the problem out.

With the Google Keyword Tool, definitely use exact searches and local, making sure you select United Kingdom as the location near Advanced Options.

The broad match will be higher especially with more keywords. In you case p90x workouts, the word workouts will be broadly searched with many other keywords such as abs workouts bodybuilding workouts etc so thats why the search results would be so much higher. Hope this explains things for you

Don't give up and goodluck