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Find your Domaining Specialty
It asks a complex individual to master every facet of the domaining world at once and practice all the fields and disciplines within it. Better to be a practising consultant of one or two of the specialties lying within the world of domaining than master of none.
Representing a domain specialty, like brokering domains, marketing domains, composing websites for domains, writing content for domains, or just catching dropped domains of potential resale value can all be specialties. Specialties can be sidelines or full time domain work.
Here are some domain microcosms to ponder become expert in:
Becoming an expert in legal issues for domaining does not require a law degree. Certainly legal advice for domain names is often sought in the purchase and transfer of domains, and disputes arise often when a lot of money is at stake. Domainers enter the fray of domain name trading and commodity investing to raise value and reap profits. But hidden domaining pitfalls do exist. Many misunderstandings of ICANN policy, domain Hosting and standard procedures, domain brokering and funding or domain exchange deals can get in the way.
Online business involves dealing with the occasional scam or fraudulent operator. Bad buyers, payment deadbeats, or international snafus of the domain world would be the chosen specialty for someone with an interest in getting to the bottom of things. Ability to work independently and research thoroughly is probably an excellent skill for this domain specialty.
The greatest trees can spring from the smallest seeds. But small-seed budgets don't get very far when there is broad ground to be broken, long growing seasons to withstand. Microloans and Microfunding for Domain projects and long term investments could be the next big frontier of domains. Online banking has supplied the superhighway for this to happen globally end to end.
Most domainers tend to buy their domains outright instead of allow their current "operators' or domain name owners tinker with them. But more and more domainers are reviewing four to five digit domain name portfolios and breaking free of the no-development code. This means more partnerships for domain development, who need funding for their work. Communications and contracts for such domain project funding can involve travel and an infinitely expanding social network.
Appraisals have a requirements that looking at historical sales of certain types of domain names will yield the same results again. Domain names fluctuate as a whole or as submarkets. But many factors and variables may affect auction domain sales that only an appraiser might know about. Situational domain oddities probably arise that require a domain specialist in appraisals, just like antiques. Knowing the domain (informal) categories and types of names and trends in online business will help.
Domainers need advice about domain worth, likely domain name sale value, and likely domain value if developed. Appraising the value of a single domain name or full domain portfolio may take time and qualified metrics. Getting to know the information portals and methods and techniques of valuing domains makes a valuable technician when rending value on a auction price or portfolio valuation.
Many domainers may be sitting on an incredible domain name but hold it in the back of the development queue. many domainers need their own domain names marketed to them for development and attention. Sometimes the whole article submission budget goes on hosted domain names and not those domains lying fallow in the registrar account.
Just keeping track of the latest and best products and widgets is a full time job. Domains demand support and entire software industries have risen up aroud this function. By publishing a domain marketing newsletter or writing a domain blog, a domaining consultation business and online website business development model can emerge.
Copyright and domain trademark issues are taken very seriously by copyright holders and brand builders who are averse to anyone outside their company making money off their hard efforts. Legal issues, official communications, and advisory or consulting capacities for domains are opening up everywhere there is enterprise and the possibility or probability of domain or trademark exploitation.
Those in the know keep in the know by reading about domain news and domaining blurbs by RSS and abbreviated domain newsletters and community rumors. But there is an entire book and magazine journalism industry around domain name trading and the internet for domain development. Doing this work takes time and effort, and energy to keep communication channels humming and media portals browsed.
Partnering with others or starting a part time domain industry blog can springboard a domainer onto the domain name industry front lines. Important domain world personae may be involved. By contributing to the mass of online domaining journalism or distinguishing yourself through independent governed domain industry coverage, an individual can forge a new domain career they can chart themselves.
While any internet individual can call themselves a domain consultant, those with serious expertise will often get referred by domain name member communities and past website or domain marketing clients. Word of mouth and word of Web advertise this person's domain qualifications. Recommendations will often spur commissions when domainers need advice during times of crises, to settle an arbitration, or give an opinion.
Last edited by myst woman; 08-01-2009 at 06:05 PM. Reason: spell
i would also add an 'introduction" matchup person who can make the right connections between vendors clients and partners. I see a lot of serious business interest but then people don't know who to trust. When third party partners of both form an introduction, that is a lot of time saved.