WhizzbangsBlog.com Whizzbangsblog.com Michael Gilmour Building and developing domains.

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Presentation transcript:

WhizzbangsBlog.com Whizzbangsblog.com Michael Gilmour Building and developing domains

WhizzbangsBlog.com Building domains is NOT a technology problem The technology already exists to build out a profitable domain easily and simply It costs about $300 in out of pocket expenses to have a fully functional joomla based website with the following features: Advertising system Auction system Blog & comment system Chat room Ecommerce shopping cart Full content management system Forum Mailing list management RSS generator Search engine friendly URLs Subscription system Template for your design Wiki

WhizzbangsBlog.com Building wealth in the domain name industry There are many ways in which money can be made in this industry Financial Models PPC Based Leasing Leverage Sales Capital Value Investment Advertising Models PPC Affiliate Direct Advert. Exchange Sales/Service Inventory Service Database Creation Client side Dependent upon generating content

WhizzbangsBlog.com Park or Develop domains? Should you invest the time and effort to develop domains? Park domains while: 1.Opportunity cost is too high to develop. 2.You gather resources to develop your domains. 3.You enjoy your lifestyle. Always remember that you are not just building a website but you are developing a business. Triggers to build out domains while : 1.Opportunities arise to earn a greater ROI from development vs. parking 2.There is a lack of transparency with your parking company. 3.Risk management while there is uncertainty in the marketplace due to corporate plays.

WhizzbangsBlog.com Who is my target market and what is the business model? How are you going to make your site sustainable? Target Audience: Domain owners Business Model Sponsorship and advertising How to reach audience? Forums, events, cross-linking, syndication Why return: Original quality content

WhizzbangsBlog.com Who is my target market and what is the business model? How are you going to make your site sustainable? Target Audience: Domain owners earning over $10K per month Business model Service fee How to reach audience? Personal contacts and customer referrals Why return: Results via application of service

WhizzbangsBlog.com Always ask two questions Traffic does not mean that you have a successful business What is your business model? Who is your target market?

WhizzbangsBlog.com Thank-you for your time! Contact Details:Michael Gilmour Tel: Blog:whizzbangsblog.com