Partnership on any of 250 UK domains

[woopwoop]

OK so I have to stop collecting projects until I start converting some of them. I forget the name of the show but there was this series on the telly where a girl put her two fingers together and time would stop...

I really wish that I had that power. I'd be able to work for a year developing the pile of domains I've collected into websites.

Well I can't stop time but am hoping that others with more time or who can throw projects together quickly might be interested in teaming up.

I've not thought this proposal through fully but here goes:

I have about 250 reasonable UK domains on my pile. Some of them are already developed, most aren't. Most have areas that a nice little site could be built around.

If anyone can see the potential in any of these domains and has the time or efficient work skills to develop 1 or more of these domains into a site please PM me.

I'm thinking something like you develop the site, I help where needed or able. If my involvement is minimal you can earn 80% of the income for 18 months.

After 18 months, depending on how things are going the 80:20 split may be renegotiated depending on how things are going.

Also during the 18 months there would need to be a stipulation that the site is earning over a dollar a day or something nominal.

Am interested to hear from people who may be able to get involved as well as feedback from people about this business model. (Have you worked in this way with partners before? Was it successful? What do you think of the revenue split and timeframs?)

 

[JagoHarry]

Assuming you're not requiring (financial) investment from the person who develops the site (i.e. not buying 20% of the site from you), the idea is most definitely sound. I'd expect that you need to have a contract to put an agreement in writing.

Additionally, how are costs for promotional work/graphics/other costs covered?

I'd personally be interested in theory, but sadly my RSI limits my computer time. I can barely run my own sites!

Dan

 

[woopwoop]

I'd personally be interested in theory, but sadly my RSI limits my computer time. I can barely run my own sites!

What's RSI?

Definitely not expecting any financial investment from any partner, and ideally no financial investment from me would be needed.

Just need someone talented that's able to invest time to get sites up that can make some income and get ranked, indexed and receive traffic.

Additionally, how are costs for promotional work/graphics/other costs covered?

I haven't thought it through completely but ideally no financial investment would be needed either way. Any partner would preferably be able to do some SEO including arranging backlinks etc.

This is how they'd earn the 80% for 18 months and some arrangement after depending on circumstances.


I guess anyone interested has the option of doing a project by themselves and earning 100% for 18 months and beyond so the main reason to partner from your (or anyone reading this) point of view, would be if any of my domains seem easy to develop (maybe even throwing an affiliate site up and adding some unique content and adsense) - plus I can also provide limited help and resources...

 

[JagoHarry]

RSI = repetitive strain injury (i.e. my arms and back hurt when using the PC for too long).

I think your offer and terms are particularly attractive... as the partner doesn't have to worry about initial investment, but still gets to use a decent domain.

Dan

 

[woopwoop]

I should have known RSI. I've been looking at posture devices recently - some of them are really funny with straps and all sorts. This one's a bit more descrete.

Well if you have any ideas Dan about a particular domain then let me know.

 

[JagoHarry]

Well if you have any ideas Dan about a particular domain then let me know.

Ideas are *never* a problem for me. Time (for dev work) and money (for outsourcing) are the tough challenges in my case. I'd definitely be interested in a joint venture though.

I had a quick look at the list, and had an idea for one of them straight away... and it lends itself to a UK market and to automation, so a great start.

Maybe we should exchange email addresses?
Dan

 

[woopwoop]

Dan- just sent you a PM.

If anyone else wants to get involved it would be great to have a few projects moving forward.

 

[DaveH]

I think you'd get a better response if you clarified what kind of project you'd like to work on or a domain / domains you'd like to see used.

Also if you're not seeking financial investment, what type of investment are you seeking? Programming, design, ideas, hosting etc...


Also 80:20 seems like you're giving up a lot, partially if your the domain owner and the financial investor. But I suppose this would entirely depend on the project.


I'm just writing some thoughts about your post but in principle you're on the right tracks, the best projects are ones with small but effective teams working behind the scenes.

I'll drop you a PM.

Cheers

Dave

 

[JagoHarry]

I have plenty of ideas, and a small amount of time for development. So I offered Matt some ideas, and I'd be looking to develop a domain or two into a site.

If you want to discuss ideas on your projects Dave, or you might be interested in a joint venture, just let me know. I've requested to follow you on Twitter to get an idea of what sort of things you work on.

Dan

 

[DaveH]

Accepted your request Dan. I've PM'ed some contact details too.

 

[woopwoop]

Hi Dave,

I just read through your PM and will try and answer your questions. This is still a new idea for m so might need reworking.

To start with the split of 80:20 against my four would ideally be for someone who could come along and do everything with me doing nothing apart from redirecting the DNS.

I can give a bit of time but not a lot due to other things I'm working on.
Ideally the partner would be able to code, throw up a site and get some backlinks. If the site needed updating hopefully they'd be able to do that too.

Revenue (which could be split around 80:20) could be from PPC or affiliate or anything else. We could both view G analytics. If it was going well after the 18 months then it can be extended but probably at a different revenue split

I can help out a bit within this arrangement - just not much.
If a partner had a bigger project in mind that has more earning potential, that I'd need to invest more of my time designing/coding, a more balanced 50:50 split could be used for the revenue and even ownership of the name could be shared indefinitely - depending on the project and how much revenue the partner thinks they can generate.


These are still work in progress ideas.
Just trying to get a balance between it being worthwhile for a partner (rather than the alternative of them developing a name they own) and worthwhile for me (to share 80% of profits for a name that I might be able to develop and keep 100%). Plus balancing involvement.


I'll try and refine the idea. Were there any particular domains that I listed that you thought had potential?

 

[GreyWing]

Mate what I would build into any agreement is a minimum performance clause..

For example you agree to have 80/20 for 5 years, however if the site is turning over less than £10 a month in 8 months time then the contract is null and void.

It's a way to save them just pee'ing off after 6 months and then you unable to do anything with the site in the fear they may come back and claim their percentage later.

That's what I do on some of mine...

 

[woopwoop]

GW that's a great point. I think I mentioned something about a performance stipulation during the period in my first post - just forgot to put it in the last post.

Allowing some time like you said - 8 months (if the term of the agreement is a few years) is a good idea

 

[badger]

I dont know what your domains are woop (deliverately not looked due to my next point) but, from experience, these arrangements rarely work unless the domain name is ULTRA generic. Because:

1. Good developers are already doing it - usually for themselves
2. Anyone with an idea, a plan and the inclination will usually "make do" with any domain and simply do it for themselves, unless the one on the table gives that much more value to the project
3. Any JV's Ive seen go ahead in the past have ended in tears when the "I can do it" half of the venture turns out to be either too young/lacking in skills/lacking in inclination/growingly disgruntled in doing all the work.

I wish you all the best and hope it goes well - but do please take my caveat on board - in the very least to get some assurances on both sides and sketch out in advance the "what if" scenarios IF things go sideways

 

[woopwoop]

Thanks Badger - your advice is spot on.

My hopes aren't too high - but I just wanted to get something happening with some of my domains that I'm not doing anything with.

Maybe a JV won't come out of this thread. So far people have shared some ideas in the thread and by PM, so i think it's useful even if this just acts as a catalyst to share experiences.

 

[aceweb]

Just The Job

If anyone else wants to get involved it would be great to have a few projects moving forward.

I'm In!

Just the sort of thing I'm looking for

I'm a SEO/Web Developer with over 10 years experience

I don't care what the site topics are about - it's all the same to me

PM some details

 

[aceweb]

More On Profit Sharing

I dont know what your domains are woop (deliverately not looked due to my next point) but, from experience, these arrangements rarely work unless the domain name is ULTRA generic. Because:

Hi Badger,

You made some good points

Anybody thinking of making an offer like this should remember that a "bought in" existing domain with some traffic is going to be more attractive to the developer - otherwise as you point out, the developer may as well register a new domain and keep all the money

At the very least, some basic keyword rich content should be hosted on the site's index page - so that the site is already indexed and "aged" ready for the developer to do their thing

I'd recommend a WordPress blog - with SEO permalinks and a 100 strong pinglist set up from the start - about an hours work including about 5 PLR or Ezinearticles posts in 1 category named using primary keyword phrase

If the domain owner really doesn't have the time - then I'd do this for 20 pounds paid via PayPal - you may even be able to find someone cheaper

 

[aceweb]

To Rob - re. getting blogs created and active

I've just changed to a new SEO'd theme so I'll show a couple of sites using it - these can either

1/ single sidebar right hand navigation using plain blue 790x78 header graphic

or

2/ double sidebar right hand navigation using using plain blue 960x78 header graphic


your own graphic header can be swapped in later - not important to start with - text content is more important

2 sites using double sidebar:
Car Insurance
Life Insurance

these are using auto content generation as well as manual article posts - cost for auto content is 5 pounds per category (using Google news)- 1 category is enough to start with - and auto content is optional anyway

I also use a twitter plugin - you can set this up or I can do it for 5 pounds - brings traffic from twitter - useful while waiting for rankings

ditto banner rotator


Link building - no problem or you can get anyone to do this - I recommend comments in forum posts - but if you have enough domains to promote I can use a blog posting service - using other people's blogs to post article excerpts and dofollow keyword hyperlinks

 

[peacock]

I'd recommend a WordPress blog - with SEO permalinks and a 100 strong pinglist set up from the start - about an hours work including about 5 PLR or Ezinearticles posts in 1 category named using primary keyword phrase

If the domain owner really doesn't have the time - then I'd do this for 20 pounds paid via PayPal - you may even be able to find someone cheaper

Hi Aceweb, sorry, what is a 100 strong pinglist ?