OnlineBusiness.com - What would you do with it?

That's a great domain name dude!

Would do pretty well for any IM offer.

If you don't know what to do with it, don't. Keep it for something huge, for a brilliant idea.

Did you get any buying offers? if yes how much?

Well I have big ideas, just lack the time. I could probably hire someone to complete the site but I'm worried I would still be taken away from my main project at the moment.

I was thinking maybe joint ventures with several people with each chipping in some money to invest and time to manage the creation of the site. This would fund the project and spread the burden of management amongst the investors.

But that sounds complicated..lol. I guess I'll just hang on to it. No recent offers. Surprisingly.

Nice name.

I would put a ridiculously big number on it to see if anyone bites at a price you can't refuse while you are waiting for time and inspiration.

What i would do personally is keep hold of the domain for the time being, you never know when it could become useful.

I think it is a good domain. You should not sell this domain. You can hire any freelancer, who will take care your site. For his work, you can him commission or, any salary as you wish. It would better for you. Thanks a lot.

The domain name is a gold mine!
If you don't have the time to develop it, and if you know for sure you're not gonna do anything with it in the near future, then try selling it! But it would probably be a shame to sell it so 'empty'.

I agree. Potential goldmine.

What would I do? I'd use the same blueprint I've been a party to in another online industry. I'd make it the authority for online business: community, resources, marketplace, so forth. I could go on, but I really don't want to make better ideas public knowledge. Upshot: develop it.

Tom

No, not this. (Above.)

Developed, it will be worth far more to you over the next 10 years than practically any figure for the domain alone. You have to consider not only the potential income from such a developed domain, but the resale value of a successfully developed entity attached to that domain. I'd personally turn down $2,000,000 for the domain. I believe Freelancer paid $3.2 million for Warrior Forum. Granted, WF has age. Given time, OB would be worth far more. You may even garner the interest of major players like Google.

Finally. Do not JV. You'll regret it. Put development money together, go over and over your business plan, seek advice where you can get it (free and paid) and turn this into something special. But don't share the wealth. No need.

Tom

Keyword there being developed.

Aka, spending time and money, both of which the OP has already stated that he would rather spend on his current (and possibly more profitable) product.

WF has more than age. It has content, tons of users and marketability. "Warrior Forum" isn't valuable because of the exact domain "warriorforum.com".

If someone had bought the domain "warriorforum.com" years ago and instead created a website for soldiers, then the site probably wouldn't be valued at $3.2 mil.

Again, only if both time and money are sunk into it.

Time and money could be sunk into the most ridiculous domain name ever and the domain name could gain in value.

Which can also be done with pretty much any domain name. Your example of WF is a perfect example. "Warrior" and "forum" have nothing to do with internet marketing. And yet here we are.

I wouldn't. I'd take that money. And if I wanted to spend time and money for a "fully developed" website that could potentially make $3.2 mil in the future, then I'd hop over to a domain registrar and spend 20 bucks (.00001 of the 2 million) on any other domain. Since...you know...it has already be proven that a name that has nothing to do with the content can be developed and sold.

Holy crap - that's serious bankability - talk to someone who actually knows how to set the price for a name like that. I think billgates.com is still for sale for a million lol...

Sure its a corker of a name but if you don't have time or interest then sell it -maybe you have better things to do. I wouldn't but just because I would utilize it (someone said Authority site - imagine a job placement website with that domain)

This name will definitely sell in the high thousands, if not tens of thousands. It's so simple, elegant and incredibly recognizable.

As someone already said, if you lack the time, put a big number on it and see if anyone bites.

Karl

Here is the original, final question in the Original Post:
I think you meant "Yet again, I disregarded the nature of the original question."

No. I was saying that WF has more than just age.
I never said your case for development lacks validity. I completely ignored your case for development based on the understanding that the OP is not looking to personally develop the domain.

Well there you go.

*Potential* worth.

Something the OP is not interested in...

Yes, because you conveniently ignored what I had to say about your comment regarding not accepting $2 million for the domain. Which the majority of my post was leading up to. Which means you missed the entire point of my post. Which is not surprising.

Out of curiosity, is this the level of respect you show your clients? You must be an awesome coach.

Ok wow, just got up and saw my post ignited some heated conversation. lol. I appreciate the passion guys but hope we all play a little nicer.

I appreciate everyone's suggestions. Tom you're right this name should be developed. But as you know, you have to pick and choose your battles. I'm currently working on another site that has an even better name than this one (different industry) and it's already an established business.

And actually this domain is somewhat developed as a simple blog with some articles I had written over a year ago: Learn to Start or Grow and Online Business - but still a far cry from it's potential, I know.

As for the numbers being thrown around. $2 million? Oh yea that would definitely get me sitting straight and listening. I've been in the domain industry for awhile now (17 yrs) and I've had some small successes here and there.

Last time I wrote about some of my domaining strategies on here it got quite a few reads. I revealed how I flipped at $7 hand registered domain for $400,000 back in 2006.

So for me to even consider it would have to be in the high six figure range with the million range not being out of the question.

Now back to the question of what do I do with it for now? I was chatting with a friend of mine the other day and he mentioned an idea that got me thinking.

Does anyone here know of a crowdfunding site which enables campaign owners to accept services and support in addition to funding from their funders. What I mean is, if I got a group of people to invest plus help in managing the project development it could be a win-win.

There are thousands of entrepreneurs out there that are looking for other partners for help in project management in addition to funding. In exchange, a profit sharing and or equity sharing structure would be in place for the funders.

Maybe there's a site out there for this? Anyone know? Kickstarter and the standard CF sites would not count since we're talking about funders actually helping in the project dev and management.

Thoughts?

People keep saying it's a gold mine, but that only applies if you have the skills and time to develop it. You sound competent enough, but this isn't 2006. You would have to put in full time effort to really turn it into a "gold mine". If you have more potentially profitable projects taking up your days, I would just sell it rather than divide attention. Otherwise you will have to really commit to it.

It has a great value and you will be in profit at any time. Hire someone to build it fast. There are multiple ways to make money from that site. Time will take in developing that site, my suggestion is to partner with some other people in developing or sell the domain for a great price.

Pagerank is not updating so people wants to list their business in high page rank sites, If your site had then you will get good amount of money.

With many domain names already taken, Onlinebusiness.com is an extremely good domain name.

I would suggest you partner up with freelancers to help create and develop your site. You could sell the domain for a ridiculously high price, but your domain name could convert really high if some work is put into it and the eventual income generated from this site would definitely surpass the former option.

So it would be a matter of getting a tremendous amount of cash for this domain name in a short time or taking the time to develop the site and gradually gain a steady income; both options are extremely good in any case.

if i were looking to sell a real solid name like that, i would be seriously looking at a pr campaign to increase interest.

if you could get a little traction, you could probably get some real players interested....the guys with the fake stock market money...lol.

that's the kind of domain that would have interest to a company with a long term vision, the talent and resources to develop it, and deep pockets (to pay you with).

but in the short term, i would definitely throw up a for sale page with a crazy number. whatever "crazy" is to you. the content thats there really isn't doing much for the domain anyway so why not put a crazy sales page up with a contact form and see if you can win the lottery.

personally, i all you have is the domain i would think partnering up with people is going to be tough. the domain is good. but who would have thought google, twitter, of fb were great domain names.

if someone has the talent and initiative to develop a site like that, they could just as easy do it on a name like zazzle or some some other catchy type of name.

i just dont see anyone but the guys playing with stock market money giving you 7+ figures for it really. but in my opinion, they probably would...if you could get their attention.

being pretty decent at business, if i was so inclined to develop a site that domain would fit well, for, i would be far better off spending my 2 mil on advertising than on buying a domain to make my project a success. i could do more branding and get more traction with my 2 mil and a non premium domain than a premium domain would buy me.

As so many "experts" in this thread think it's so valuable, I say your way is perfectly clear...put it up for auction and let the "experts" jack the price to the roof.

I'd say that domain would be a 'keeper' and 'never' to sell it. You are obviously well-educated to the multitude of possibilities a domain name like that could have when developed.

In the meantime, I agree the content there now is not serving much purporse.

When I closed my eyes to sift through the endless ideas that 'could be' - I tried to consider the fact you have little time to devote to the domain or it's development.

My greatest standing thought would be, spend a few bucks on a copywriter, and create a mind-blowing lead-capture/ landing page, and do nothing more than 'build a massive list' from the single page.

I remember reading an article produced by MindValley, whereby they created a squeeze page that basically offered 'no information' other than something HUGE was coming... and their opt-in conversion rates went through the roof.

With that said, auto-responders do cost money, so if nothing less - maybe put a small offering (appetizer) together (cheap) that sells for $4.95 or even $19.95 to those subscribers.

Just having those elements in place could pacify a ton of hungry minds, and build you a nice foundation for whatever you decide to do in the future. Plus, it would generate some revenue through an affordable product/service offering...while letting the bigger ideas fester until time permits you to begin construction.

Sh!t, just the thought of owning a name like that almost scares me, cause I too would be afraid to devalue the full potential it could have with the right development team in place.

Honestly, everyone here "SCREAMS" build a list, build a list, build a list... and I think that would be priority #1... just be vague, and present a simple teaser that "Something BIG is Brewing" and you'll likely have a flood of thirsty subscribers willing to swallow whatever poison or potion you decide to offer them, while they wait in anticipation for "What's to Come!"

I would try a sedo domain appraisal first to see what kind of numbers we are talking, you remember income.com from John Reese? I think he sold that for 1M and you know, now is just a blog, he thought about doing a big product/community around but that takes a lot of time and the domain name is not a guarantee of success, a safe bet would be to sell the domain in my opinion.

sell it , theres lots of people that would love to give you large amount of cash for it

I think its a pretty valuable name. Test the waters. If you don''t have time to develop it or just don't want too. Put it on the market and see what type of offers others are willing to give you for the name.

You may get an offer you can't refuse...

OnlineBusiness.com
Ok it' a nice domain name! I like it.
But why would it be worth a boat load of cash as many are saying here??
Is it getting lots of traffic? Have you had thousands of searches for this?

For those that are into domain name registration and sales. I ask what really determines the value of a domain names? What is the criteria to determine value?

I know the obvious, if someone wants it and has the money and is willing pay for it they would pay whatever. I get it.

Andre

I think I would do like jack said a few posts above and put a serious high price on it, something you could not turn down or just sit on it for yourself.

Ok, Loaction, location, location!

Get the ugliest property in the best neighborhood, I've done that a few times with Real Estate! I get it!

Or what else we can disperser from post. Like start with a good business name that looks good that says exactly what the business is about in a great neighborhood ect?

But still? lol It does not answer or justify what I'm asking.

Has anybody Offered anything for it?

Dude you are horrible lol. You might as well be dangling a nice pair of boobs in front of a horny dude with a breast fettish lmao.

Anywho, i'd make a blog that gives away REAL, ACTIONABLE, making money online info and sells a suite of IM products with coaching on the back end.

No one has missed that.

Which can be done with any domain.

Please show us an auction site that is more popular and more valuable than ebay and that also has the word "auction" (or a similar word) in its domain.

Please show us an internet retail site that is more valuable than amazon and that also has the words "internet retail" in its domain.

Yes, the domain OnlineBusiness would be a great name and would be better than all of the retarded examples you have used. But you also stated that you would turn down $2 million for an undeveloped domain name which is simply foolish.

If you're such a industry player then you would certainly have more than $3k. Make a real offer, develop the domain, and show all of us what a marketing badass you are. Otherwise, stfu.

I would sell it to your friend. I heard he could use it right now.

Thanks for your opinion but being clueless and asking for opinions are two completely different things.

How many unused domains do you have in your collection? I'm sure you and others here have quite a few. Now does that make you clueless on what to do with them? Hardly.

My final word.

To say I'm disappointed in WF today is an understatement. And I direct this not to certain people within this thread, permeating it with unpleasantness and at times an obvious lack of industry education and experience, but to the people who could have taken part in a fruitful and intelligent discussion. The people who perhaps read, absorbed, yet refrained from comment. Those people will have seen the sense made by myself, by Mike and by a smattering of others, and instead of propping up this level of sense with a little support, chose to remain silent. The result, I fear, is this: An industry veteran like Mike, and an extremely nice chap, to boot, will likely (I would imagine) never again bring to the WF table such a treat as this. And it is a treat. Are some of you not tired of the incessant "How can I make $100 a day" threads? Don't you wish for a little more meaningful discussion in your day? If you do, and I'm sure you must, then I think you will go on wishing, and for a very long time. We had an opportunity here not merely to take part in erudite discussion, but to help - in perhaps just a small way - to shape the industry. Had being the operative word.

Tom

You mean one of those things where you have to back up claims, theories, or ideas with logic, reason, or evidence?

Speaking of being silent and offering support, we're still waiting for your evidence of a website that is more popular than ebay and that has the word "auction" in it that supports your perspective.

True. Mikesan, at this very moment, is now in a catatonic state at his local psychiatric ward where he rocks back and forth shivering a corner, repeating to himself over and over again "OnlineBusiness, OnlineBusiness, OnlineBusiness."

Once again, you nailed it Tom.

Discussion is difficult when people confuse their own arrogance for "enlightenment" and address others in a rude fashion simply because they disagree.

Meaningful discussion exists in this thread. However, the discussion seems to die off whenever someone makes an absurd statement, is challenged, and then can only use rude remarks ("permeating it with unpleasantness") to mask ineptitude.

Discussion is the exact opposite of what you have shown you want. Whenever someone offers an opposing opinion, you seem to feel the need to mock, patronize, and throw a miniature internet tantrum.

"Recent Warrior Forum thread shapes the entire industry of internet marketing."

LOL

What would I do? I'd imediately hire a development team to create a strong revenue-generating web presence. My personal time would be very minimal.

Generate tons of traffic, and sell advertising. There is HUGE potential in advertising revenue from a site like this.

I'd hire people to generate buzz in all the domain/business development communities. It's all about attracting the right eyeballs.

Then I'd be patient and wait for the right offers to come to me over time.

Would sell for a good price