The Rick Schwartz Domain Name and Traffic Blog: RicksBlog.com – Home of The Domain King®

Morning Folks!!

Supporting Posts and Events that led me to this:

http://www.ricksblog.com/2010/12/another-day-another-domain-industry-scandal.html

http://www.ricksblog.com/2010/12/the-privacy-issuewho-has-access-to-that-info-what-they-can-do-with-it.html

http://www.ricksblog.com/2011/01/ostrich-eagle-or-corporate-cubicle-whore-.html

http://www.ricksblog.com/2011/03/time-to-set-the-record-straight-.html

http://dnjournal.com/archive/lowdown/2010/december.htm

http://www.thedomains.com/2010/12/31/moniker-issues-statement-on-unauthorized-data-release/

http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110317.htm

http://www.chefpatrick.com/chefpatricksucks-com-the-real-truth/

http://www.ricksblog.com/2011/03/it-is-far-from-over.html

Morning Folks!!

Here is the combined results of all inquiries for the first quarter of 2011. I have left the duplicates intact so you can see which domains get offers each month and the ones with an 'asterisk' are multiple inquiries for that specific domain name. 399.com was the only domain that I received multiple offers during each month. Properties.com and 899.com were tied for #2.

These are basically unsolicited offers as I don't have my domain names listed for sale anywhere with a price. Most come from whois.

Offers are like fish. The small ones you take off the hook and throw them back. Even on my parked pages at Parked.com for example, my domains are not offered for sale. 'Lease This Domain as Low as $1000/month Please contact us for more information.'

The minnows are swimming by. But I am not fishing for minnows. I am fishing for whales. I am fishing for record setting catch. I am certainly not fishing for domainers. Don't take offense. I just don't sell wholesale. I sell retail and I sell retail only. Of the 12 domains I have sold, 4 have made national/international news. The other 8 averaged more than $125,000 per sale. Even some of those were SACRIFICED because I was out there turning theory into reality. You don't make a headline turning down a deal. You make headlines when you do the deal. Something that was FREE had now transformed itself into some of the most valuable property in the world.

The 20 year plan would land me in 2016 as when domain names will BEGIN to reach full potential. That period will likely last 20 years or more. Likely much more. But we are not immortal and for most, it won't matter what happens in 50 or 60 years. The earlier you make the $$$ the longer you have to enjoy them. You just have to understand that a Ferrari is way cooler to have when you are 35 than when you are 85. Something just a bit sweeter there if you know what I mean.

Frankly, I am insulted when it comes to domain values. Domains have MORE value than the physical property. At LEAST base the foundational costs on what a real world storefront would cost and all the associated expenses. Laugh. I could care less. It will happen in the 5 year period I am talking of now.

When it hits PAR......we can talk. Until then, there is not much to say. Just take 10 minutes and sit down with a spreadsheet and add up all the costs. ALL of them. Tell me how much even a modest store would pay in all those expenses, fees and such. Until folks do that, there is no reason to do anything.

And when it hits PAR, I will give you a barrel full of reasons why the domain is worth much much much more. Your ticket to the world stage. Your ticket to a dream. Your ticket to do anything with little to hold you back. Your ticket to fame and fortune. So just because it takes time, does not mean you have to give in or give up at THEIR calling.

Have a GREAT Day!

Rick Schwartz