So the plan was to register great domain names, recieve lots of traffic, sell a few for big money, and then retire on the proceeds. Well the reality is, and I am sure anyone who has been through this, is that its a lot harder than it looks! Slowly the buythemap network grows, and I register more and more names, however revenue at present is not increasing fast enough, or making some of my domain name purchases viable. I need to improve this otherwise each new domain registration is effectively just another wast of money.
Search Engine Optimisation (SEO) is one way to do this, the majority of my traffic should be coming from searches people are making on the likes of google and yahoo, so I am trying to get my sites registered on these as soon as possible. However to improve my search rankings, ie appearing on the front page I have to increase something called 'PageRank'. This is how google indexes your site, basically the higher the page rank the higher you feature in search engines as the search engines want to list highest the sites that are deemed to be the experts. To improve PageRank you need to build content on your site, work on keywords, and importantly build strong links to your site. At the moment I am having some successes on this - type in Epthelial in google (overture tells me this is searched over 1000 times a month on Yahoo alone) my site Epithelial.net appears 7th - Success! I'm chuffed with that but I need to work on getting my other sites up those rankings.
Also I very quickly wanted to again re-iterate in this weeks blog how big the domain name markets are. This week Dollars.com reported that the domain name Spicy.com sold for $81,000 - HotVoip.com a name I think sounds easy to have made up sold for close to $6,000. I have inserted a small banner from Sedo below to show the current live Sedo auctions - you should have a look at this some time.
So anyway thats it another week over - oh nearly forgot to mention I bought another name, I know.....so this week whilst at work (encroaching on work time now) I ready on BBC news the Macquarie Dictionary words of 2007 see here is quite interesting. One of these was Climate Sceptic which I had a quick check of an it was avaliable so.....I now own ClimateSceptic.com - I plan to setup a little site talking about global warming on this, should be interesting. I've done some small tweaks to my site this week, but thats about it news over. Revenue I here you ask......very dissapointing dropping down to $2.50 and only 40 clicks. Oh well onwards and upwards...........
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