Domain Development

- Domain Development
Have you given serious thought to developing your domains? Domain development is what I’ve been doing lately – developing this domain blog into a website and learning as much as I can about domain development. Developing your domains doesn’t have to be hard. There are many different ways to develop domains – I’ll cover a few ways to develop domains in this post and will provide additional domain development tips in a future post.
I don’t see many people buying domains the way they used to. If you’re not buying domains and you’re not selling domains, what are you doing with your time? I’m doing some domain brokering, helping one domain investor sell some of his ccTLD domains, and spending time improving my domain development skills. How much money could I save by developing my own domains instead of paying hundreds/thousands (depending on the domain development requirements) per domain getting someone to develop my domain for me?
The great thing about domain development today is that plenty of domain development software is available to assist web developers of all skill levels. It’s hard to get through to many domain name investors about why development really is the way to go — many will say they’re domainers, not webmasters. How many people can afford to be pure domainers nowadays? Domain parking had many people in the past saying their domains would make more parked than developed – few domains would make more parked than developed today. Think about whether you could make more by having your domains developed.
Pure domaining is a pipe dream for most new domainers today. Today, it takes money to make money in the domain business. Sure, you can make a little money domaining, however I don’t see many new domainers making a living off new domain registrations or by flipping domains unless they came in with a large bankroll. A quick look over at the domain appraisal section of any domain forum will give you a pretty good idea of the abilities of a new domain investor to find and register good domains.
Domain Development: Free or Paid?
Domain development for many focuses on trying to optimize their domains for the keywords getting the most searches, not realizing the competition they face in ranking well for these top keywords. Rethink domain development if your domain development strategy revolves ranking well for highly competitive keywords.Domain development isn’t about getting the most traffic — if that’s all domain development were, we’d just just buy one of those cheap website traffic packages. What we’re looking for when developing domains is quality traffic — domain traffic which will convert into sales. I’ve often talked about niche domains on this blog — what we’re talking about here essentially amounts to niche keywords. By targeting something more specific (or niche), we’re reducing the amount of keyword competition and hence, the difficulty in ranking well for the keyword. The only way to go about developing your domains is by targeting long tail keywords. Many domain investors have the desire to develop their domains, however just because domain development no longer requires being a webmaster does not mean domain development will be right for you. Before you decide to dedicate any part of your domain monetization strategy to domain development, do yourself a favor and develop a few domains. Developing domains takes a lot of time and there’s usually a lot of upkeep involved. If you plan on hiring article writers or making use of advertising and marketing services, be aware of the costs. Make sure domain development is still a better option than the alternatives after all costs have been accounted for. You’ll also need to carefully consider what platform to use for developing your domains — Whypark, Noomle, Wordpress, another CMS, or perhaps a premium domain development solution, such as the domain development services provided by AEIOU.com, DomainMassDevelopment.com, MiniSites.com, and SiteGraduate.com. If you do choose to use one of these premium domain development services, it’s all the more important that you sit down and figure out how you’re going to make that money back. Domain development can be done in Wordpress or in something custom designed. You might very well use a combination of free and paid domain development, saving your best domains or the domains you think have the best domain monetization potential for paid domain development.
Good Domain Development
Plenty of domainers, webmasters, and SEO consultants will tell you that the search engine traffic you receive could be one Google algorithm change away from disappearing, so don’t just write for SEO. Outsourcing is cheap enough nowadays that even if I wanted something more than a cheap website, it really wouldn’t break the bank to have someone else take care of any domain development I’m unable to do myself. Looking at the price of a premium web design suite compared to what you’re going to pay per minisite if someone else is going to be developing your domains for you, the choice was pretty simple for me on which way to go. When developing domains, think about how to maximize the value of your time. Time spent developing domains might break down as follows: 50% of time spent developing good content, 25% spent developing excellent content, and 25% spent on link building and SEO.
Domain Development Strategies
You really have 3 ways to to start developing your domains: Develop your domains into hundreds of small minisites, develop your domains into websites, and/or develop some some domains into minisites and other domains into websites. Without getting into how many websites you’ll be competing against, my personal thoughts on the matter are to ask yourself what you’d like to do. Personally, I like short domains — I enjoy talking about short domains both on Namepros and on this site, so it was only natural for me to want to develop LLLL.com into something more than a minisite. If you have domains in your portfolio which cater to what you’re interested in, it’ll be a whole lot easier to spend the necessary time properly developing them compared to domains you have no interest in and hence, likely no interest in developing. Minisites are quick, easy, and don’t need anywhere near the amount of maintenance a website or high traffic blog is going to need to succeed. What turns out to be the best option for you might not just depend on your like or dislike for the subject your domain name caters to, but also to the size of your niche. There’s no way I could consistently write about only short domains on a daily basis. Looking at blogs which are updated daily, most of them have something in common – they have many or very broad topics.
Domain Development: Reality
If you’re still not sold on domain development, I really don’t know what else to say.. Even if you’re not a short domain name investor and even if your keyword domains are making a satisfactory amount of money, why not try for more? What do you have to lose by giving domain development a try on a couple sites and see if it produces better results than parking or otherwise making use of your domains? It was just announced a couple days ago that Parked.com bought Whypark and with earnings from developed minisites reported to be up to 10 times higher, that might be something worth looking into.
My favorite domaining quote is something said by the Domain King: “You don’t make a million dollars. You make a dollar, 1 million times.” That’s probably more true than intended if you’ve developed hundreds of minisites, however no matter how you go about your domain development, it’s pretty clear that you need to make $1 before you can make $2. Finds something that works for you and repeat it — over and over again.
For all the risks domainers have taken in years past investing in domains and domain name segments whose futures were uncertain, it’s somewhat surprising how safe most like to play it when it comes to domain name development. Live a little, take a risk.
Why not have the best of both worlds – great domains developed to capitalize as much as possible on the direct navigation traffic your domains already receive? Not happy with the amount of traffic/revenue your domains are receiving — are prepared to put in a little work to reach your goals? We can talk all we want about successful domainers, but the bottom line is that no pure domainer ever has or ever will make remotely close to what the best web developers are making.
Like anything else on the Internet, do your research before choosing a domain development service provider.
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June 3rd, 2009 at 12:16 pm
"Back when parking was paying out, many people would say their domains made more parked than they would developed — perhaps they were right in some instances. With parking down as much as it is today, I doubt that’s true for many domains anymore."
I think this is a bit of a "the grass is greener on the sother side" argument. From what I can see of it revenue from developed sites has slumped just like parking. At the end of the day people are buying at far lower levels than in the past and just like it effects parking, it also effects adsense, it also effects ecommerce sales. For example I have one developmed site that has had only a moderate fall in traffic (about 20%) though revenue has fallen about 60%-70% over a couple of years ago. Most areas aren't particularly healthy right now. I'm not sure development makes any more or any less sense than it did in the past. It is no silver bullet.
June 3rd, 2009 at 1:03 pm
The angle I was looking at it from Snoop was for people with large quantities of weaker domains — I don't have any "category killers" myself, so I can only speak about what I have and know. Someone that has say, 1000 domains that were bringing in $3 per month was making a comfortable $36,000 per year, minus renewal fees and any other costs associated with owning the domains. Down 70% now, that number is $10,800. When you take off renewal fees before and after, you initially had about $28,000 and now have about $2,800 (assuming an $8 per year renewal fee), so instead of your revenue being down 70%, it's actually down 90%.
With better domains or developed domains, I guess the people who financed their purchases at a much higher valuation are in a similar boat.
June 3rd, 2009 at 1:29 pm
"When you take off renewal fees before and after, you initially had about $28,000 and now have about $2,800 (assuming an $8 per year renewal fee), so instead of your revenue being down 70%, it's actually down 90%."
I don't think development is the solution for those people, dropping most of their domains probably is.
June 3rd, 2009 at 6:59 pm
Great article, I agree with the development idea you put forth. We're a small 500+ domain portfolio and very niche-focused in the names we choose. Fully developed sites in our niche generate advertising revenue from real life advertisers, as well as through booking engines. However, there's not much chance of rev through parking.
We've developed a handful of these in a very small way and have already seen rev triple through AdSense and real advertisers than we do with the 95% we have parked at Sedo awaiting development or a possible sale.
It takes some money, but above all time and honest effort to make money these days. Education is key. But then again, isn't that how it is with just about everything?
June 5th, 2009 at 2:16 am
Agreed, it's about developing domain names is the way to go. SEO and domaining seems to go hand in hand.
June 6th, 2009 at 12:43 am
Great post Reece, the more people who reg domains get away from the term "domainer" and more to the term "entrepreneur" and get away from domain forums and focus on business forums and blogs like yours the better off they will be IMO. Old school domainers trot out the same line, year in and year out, no one really cares anymore, focus on using domains for your business and personal ideas and don't listen to anyone who has done nothing more than get lucky in life and reg names and park them, that game is mostly an also ran game. Build a business, contribute to the world, enjoy your life. Again IMO
June 6th, 2009 at 12:01 pm
Ray, thanks for your kind words
I've been spending a lot more time developing and focusing on improving my ability to develop — domainers can say what they want, but I don't see many people making a decent living off PPC earnings anymore unless they' got ina long time ago… I'm in the same boat as a lot of domainers — my web development skills are on the weak end, I'm still learning how to use Photoshop, etc. Too many domainers make excuses for why they develop before they even give it a serious try. I have yet to meet someone who was born knowing how to code a website
June 6th, 2009 at 12:02 pm
Ray, thanks for your kind words.
I've been spending a lot more time developing and focusing on improving my ability to develop — domainers can say what they want, but I don't see many people making a decent living off PPC earnings anymore unless they' got in a long time ago… I'm in the same boat as a lot of domainers — my web development skills are on the weak end, I'm still learning how to use Photoshop, etc. Too many domainers make excuses for why they develop before they even give it a serious try. I have yet to meet someone who was born knowing how to code a website
June 6th, 2009 at 12:02 pm
Ray, thanks for your kind words.
I've been spending a lot more time developing and focusing on improving my ability to develop — domainers can say what they want, but I don't see many people making a decent living off PPC earnings anymore unless they' got in a long time ago… I'm in the same boat as a lot of domainers — my web development skills are on the weak end, I'm still learning how to use Photoshop, etc. Too many domainers make excuses for why they don't develop before they even give it a serious try. I have yet to meet someone who was born knowing how to code a website
June 6th, 2009 at 9:47 pm
I agree Reece, I realize how much of waste of the time the last four years have been, discussing what is and what will never be on a forum where for the most part there was no interest in the opinions of 80% of the people speaking. You get caught up in all the back and forth and when you are out around anyone who is not wasting their life on a domain forum you realize that you should have been working on just one website and that would have been time better spent and you build everything from the one site.