Following up on our previous post about our new website and membership options, we wanted to take a moment to talk more in depth about our new Learn section on DomainTools.com. In our continuous effort to help more novice visitors of our website who often write in to our support team asking questions such as “What is a domain name?” and “How do I buy or sell domains?”, we wanted to start a resource section of our website that talks about these topics more in depth.
We recently reached out to Elliot Silver of www.elliotsblog.com regarding his strategy behind which websites to develop and which ones to add to his portfolio. He had some great advice to share.
By Elliot Silver
Internet Entrepreneur and Domain Industry Veteran
When I purchase a domain name in the aftermarket, it’s because I can imagine it as a fully functioning website. I don’t buy brandable domain names that could be used by someone, but I prefer names that are intuitive and don’t require any explanation (for example a dog walker directory on DogWalker.com. As an individual domain investor, I don’t have the time to build each domain name I buy, as a majority of my business comes from re-selling domain names for revenue.