Three Characters Long .com Domain Name
Today I am going to discuss acquiring a best domain name (TLD DomainNames) that suits your needs. For the last ten years, I was trying to find a good domain for my own website. I am continuously working on this area in my free time to enhance my web presence.
The reason I have spent so long is that the Domain Market was not organized. All the three character domains were gone into blackhole by 1997, a year before I started to realize the need of my own domain name. In fact I missed the chance to buy three character domains for me because in the beginning of WWW development (1995-1997) I just did not have a regular access to internet. So, it was already too late for me to get any three character TLD domain name.
I continued to search, but the lack of market to buy the domains that I preferred, I was not ready: where to buy, whom to trust, how to pay (lack of reliable escrow services) .... Today, we have most reliable Sedo.com and Escrow.com (please read the notes at the bottom of this posting about the risk involved in the case of Escrow.com based transfer) to make your transfer very smooth and secured.
In the past, the only reliable risk free way to buy 3 char domain was to wait the moment some pending delete domains released for public re-registration, and your preferred registar should be efficient enough to catch your entry at that time. Because of lengthy form for registration, you needed at least a couple of minutes to complete the form even if you realized that domain was released for public regisration (it was usually between 2-2:30pm ESR everyday), and by the time you complete the form, some other applicants from other registrar will grab that particular valuable domain. I tried it using backorder of GoDaddy.com and tried myself, but failed: miserably. Then, gave up this method, because it did not work. I would have tried at Pool.com or Moniker.com or enom.com where they offer multiple backordering for the same domain, and if the registrar is able to grab the domain then they carry out internal (within the back orderer) auction. Note, in the case of Godaddy.com based Backorder, you pay only $18, and no extra cost to registrar. But in multiple backorder module, e.g. at Pool.com, they make more money buy putting the grabbed domain in auction among predefined bidders, and therefore, second model works more efficiently than the first one. That is Moniker.com has higher success rate as compared to GoDaddy.com per 100 Backorders. I did not like the second model of competition. Well, rule of economics applies here: demand goes up, price goes up.
I just continued with the backorder at GoDaddy.com, because the account was valid for one year or I get success whichever is first. One day I was successful. Just to have a three character domain name, I grabbed one ugly looking three character domain name, and GoDaddy.com succeeded. Thanks to GoDaddy.com. I posted that on Godaddy.com's domain market just to see whether these three character domains mean really worth. I tried several three months cycles, and suddenly one day, Godaddy.com informed that my domain was gone in the BUYnow price market. It helped me trade the Geotech.net. In hindsight, I would have set high demand because it was a three character domain name good for brand names. I saw the power of three character domain name. Even ugly looking domain can raise good revenue. Its like selling a very very Mercedes-Benz car at a reasonable price. It is possible only because it is a branded item. Name matters, right? Three characters long .com domain name matters.
The Part II of this article may be read at the following URL:
http://www.iges.com/?q=node/84
GyPy
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