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Go Your Own Way

November 12th, 2008 2 comments

It’s a commonly accepted ‘rule’ that many Blogs fail within 3 months of starting up. There may be a number of reasons or factors behind each individual case, but I think a common trait of a lot of failed and failing bloggers is pandering to their readers.

A lot of bloggers write what they think people want to hear as opposed to writing what they actually think themselves.

If you take a look at some of the most successful bloggers, there’s one thing that stands out: They all have a ‘loud’ opinion…most do, at least. We are not just reporters of news or reflectors of the current trends – if you want that you might as well just populate your Blog with RSS feeds and never write at all.

Without the injection of your own personal opinion, you’re just another guy aimlessly tapping keys to the tune of a miscellaneous audience. You have to set yourself apart by writing content that defines itself through your personality, your experience and your beliefs.

By doing this you gain a readership that is like-minded, loyal and attentive (or at least you generate some debate with those that hold other opinions, which is just as good) – as opposed to just writing to an interweb of faceless blobs.

If you just write about what’s happening with no real thought or personal insight then you’ll become nothing more than an alternative news outlet, we really don’t need anymore of those. I have a million news feeds I can choose from – I (and others out there) want personal insight, experience, opinions and originality. I don’t want to be spoon fed but I do want to be inspired to try new things.

It’s tempting to pander now and then as it will gain you some immediate readership, but as you prostitute yourself more and more, the readership will diversify and broaden. We’ve all seen Blogs that were initially focussed on a clear topic drift off into trivia and chit-chat. This will leave you with a completely random readership that will most likely be unreliable, just scouring the Web randomly, rather than specifically coming to read your content.

With Internet Babel I have specific goals in mind, and those revolve around giving people the tools and ideas to make them think for themselves.

I care about trying to give people useful information and seeing them do something with it, and that’s why I want to extend Internet Babel to become more of an interactive community, via a Forum, WIKI or some other means.

You may have other goals for your Blog/Site but the main point is to know what you want to say, and stick to that goal – and don’t get distracted from it in a rush to get cheap visitor stats or diversify your audience.

Cheers

Categories: Blogging, Internet Marketing Tags:

Promotions.co.uk – a New Approach to Discount Codes

November 2nd, 2008 No comments

This is NOT a paid post.

It’s about a site i came across that looks like a novel approach to Discount Code/Coupon sites. These are a hot area, and one I’ve written about before - and they are particularly relevant in the current economic climate, but many people find that it’s difficult to get a decent Coupon site going. It can be difficult to locate good Coupons and keep the current ones on your site – and it can be a pain managing a lot of affiliate accounts.

Doug and the guys at ASAP have come up with Promotions.co.uk - a service that will let you run a Coupon site or have Coupon sections on your Content site with two big advantages: they do most of the leg work for you and, more importantly, you can get to keep most, if not all, all of the revenue ;-)

The service is still in development at the moment, and the final product will be refined as a result of feedback, but to me it looks like a fantastic idea. I haven’t got the time to be maintaining a hundred affiliate accounts or constantly looking for good and current offers that match my content – so this could just offer a solution for me, and for many of you.

Various benefits include (paraphrased from the Promotions.co.uk site):

  • Your own discount code website or subdomain or our discount codes on your site, similar to adsense. Site can be built, or you can use a CMS to manage a coupon site, or you can add some code to your site for displaying coupons
  • They collect and control all the codes on your behalf.
  • You can add your own exclusive codes if you have any.
  • They ensure that as many merchant’s discount codes as possible are live in the system, without you having to request them from a network or a merchant.
  • All you have to do is drive traffic to your site(s). You can do this any way you wish and if you want to add unique content to your discount site then you can.
  • If you have a content site you can add their code to each page and the discount codes for merchant with that product will display show. Hence protecting content/information sites from losing sales to voucher code sites.

Doug is a top bloke (check out the interview with him if you haven’t already), his ideas are usually spot-on and ASAP have great contacts with big players in the industry, so my guess is that this will be a winner.

You’ve got nothing to lose so hop on over to Promotions.co.uk and check it out for yourself.

 

Domain Flipping And Speculating – Part 4: Due Diligence

October 19th, 2008 No comments

OK – straight into it. This installment deals with an important issue to be considered when buying domains on Forums (again using DigitalPoint and NamePros as examples) – that of Due Diligence (or Buyer Beware).

Due Diligence:

As with any transaction, it pays to carry out whatever checks you can to ensure that you’re not getting screwed. When purchasing a domain from the Forums the following checks will be useful in helping you decide whether or not to go ahead with that purchase. 

Common sense also applies here – you may not bother making all of these checks if you’re paying $2 for a domain, but you will want to be extra sure if you’re forking over a couple of hundred bucks.

None of these checks are in themselves foolproof, but they will help to re-assure you that the seller is genuine.

  • Seller is an established Forum member: This isn’t to say that a new member can’t be trusted (hey, we all start as Peon’s sometime), but it’s a fact that most people feel more comfortable buying off someone who has a bit of history and more than a handful of posts to their name. This is why I recommended (way back in Part 1) that you get yourself registered at DP and NamePros and start participating in the non-sales forums.
  • Seller’s Rep: Pretty simple – if they’ve got red marks or a bad rep, this should sound some warning bells.  
  • Seller’s Trader score: Trader points are a good indication of a member’s behaviour in previous transactions. By clicking on their Trader rating/score you will be able to see all positive and negative comments left by others who have dealt with this person before.   
  • Whois: Don’t just blindly accept that the seller owns the domain or that they have posted the correct details. There are hundreds of standalone ‘Whois’ type tools out there (plus on most of the major Registrar’s home pages) – so there’s really no excuse for you not to spend a few seconds of your time by checking that the domain registrar/expiry/owner details tally with what’s being offered. You might even want to send an email to the domain’s administrative email contact address and get the seller to reply to that email (but don’t expect to be popular if you do this for very low-end sales – you’ll just seem like a pain in the butt).  
  • PR & Traffic confirmation: If the seller claims some kind of existing PR or traffic for the domain, you could ask for screenshots of stats or parking figures as proof. The general rule of thumb is that if you claim traffic/revenue you have to be prepared to provide proof. As with whois, use your PR checker of choice to verify any claimed PR.
  • Trademark: You might want to verify that you’re not being lumbered with a potential legal problem – names that look to be trademark infringments or ‘dodgy’ typo’s for example.
  • Registrar: Check that the registrar that holds the domain allows a free push between accounts (and that you can set up an account with them if you don’t have one). There are a number of registrars who still don’t allow a free ‘push’ and even make the transfer process awkward – you might have to bear this in mind when it comes to the actual cost of your purchase.
  • Too Good To Be True: If it looks too good to be true, it almost certainly is. Which probably means that the seller doesn’t even own the domain or that they have stolen it (yes, that is possible). There are always genuine bargains to be had, but looking around on the various Forums will give you a good idea of what a domain might be expected to go for – so if someone is selling pizza.com for $100 you know that they’re either incredibly stupid or a crook. 

(Also – bear in mind that any sensible seller wil be looking at you, as a potential buyer, in the same light and checking history, trader etc).

Assuming that you’ve satisfied yourself (as far as is reasonable) that the seller is genuine then you’ll probably want to proceed with your bid/offer.

Types of Sale

Now, there are all types of sales threads of course, but the bulk of sales that you come across on the forums will fall into one of three main categories:

  • Fixed Price
  • Make An Offer
  • Auction

You will also find (mainly on DP) sales threads that are nothing more than links to a SEDO listing or a SitePoint auction for the domain. Unless it’s a domain you REALLY want I would tend to steer clear of those.

Part 5 will be along in a couple of days (I had plenty of time to think during my enforced layoff) and will cover the three major types of sale, then the mechanics of buying/selling and transferring your domain…

Thanks
Dave 

Want to Make Money Online?

October 12th, 2008 7 comments

Well, Blogging about MMO, won’t MMO.

Why Not?

Most of us working Blogs in this MMO/Internet Marketing niche try to provide advice (basically to each other) – we talk about affiliates, on-site advertising, reviews and whatever, and the majority of what we talk about is aimed at the guys working in the same kind of field.

There’s a lot of needless obsessing about subscriber numbers (and artificial and temporary ways to boost them), Alexa rank, PR etc, and a lot of chatter about methods for making money online.

While it’s true that these Blogs can provide a lot of inspiration, and a small number of people make decent money from them – the truth is that the kind of traffic we get is not good for converting. Most Blog/Webmaster type visitors are too savvy to click on ads, and the kind of traffic you get from social networking is transient and not focussed (as a rule).

What works?

The recent massive sale of Bankaholic (widely reported elsewhere) is a perfect example of a brilliant piece of business and should serve as the real lesson for those of you who want to really Make Money Online.

Bankaholic is a Blog/Site with unspectaclar traffic and Alexa ranking. However, it is squarely and directly aimed at a very high-paying target market, ranks highly for major credit/banking keywords (due to it’s content and SEO) and this (plus its layout/structure) will bring a visitor population that is highly focussed on the subject matter and MUCH more likely to click/convert.

The timing of the sale (given the current Credit Crunch) is a bit unfortunate, but the appeal of the site to the Buyer is unquestionable.

What Next?

So – the lesson to be learnt (as always) is that finding and focussing on a target niche, building good content and running effective SEO/backlink building is the way to Make Money Online. So stop talking about it, go out and try it for yourself. 

I will be running a 1-year experiment starting soon, developing between 10-20 sites based on selected niche markets and I’ll be reporting on progress here. But don’t wait for me, or anyone else, to do it:

  • find a niche (preferably one with good pay-per-click, pay-per-action)
  • find a domain
  • build some content
  • build a site
  • SEO it
  • build some backlinks
  • plant some occasional link-bait
  • repeat until Rich

Don’t talk about MMO – go and do it.

Cheers

Dave

 

Time Management For Idiots

September 28th, 2008 1 comment

or “How I Learned to Love Lists”

Now, I’m just guessing here but, if you’re anything like me, then you find “Time Management” easier to say than to do. I have a lot of Web development work to do, plus writing, domaining and managing this and another couple of Blogs and, while I have the best intentions of keeping on top of everything it just doesn’t always work out that way.

What sometimes happens as a result of this is that I get to a point where I’ve just got way too much to do and don’t know where to start – I get caught up in a kind of action-paralysis where I flit around from task to task without really accomplishing very much.

For me, the only way to stay out of such a state is to use lists – but use them effectivley.

A list in itself is of limited value – because you can just keep adding items to the bottom – and seeing a three page list on my table doesn’t make me feel any better or make me do things smarter. So – here are a few home-grown tips that just might help you manage your own time: 

  1. Decide on your method/medium: Being old-fashioned at heart, I use pen and paper a lot for my list building. The main reason being that I just find that the act of physically writing the stuff down helps to focus my thinking. You may prefer to use a whiteboard, a text editor or even a mind-mapping type tool.
  2. It’s not just a list: Writing down (or typing in) your lists will help you start to organise yourself, but don’t think of it as a ‘single-level’. I create ‘sub-lists’, i.e. lists of smaller tasks that belong under a single heading. You list your ‘major’ items at the top-level, and for each major item you can then create a smaller, more detailed list of individual tasks within that. This helps keep the list size down and allows you to focus on that specific area when you’re creating your ‘sub-list’.
  3. Let it Grow: I mentioned ’mind-map’ tools in the first point. Whether or not you actually use one of these, the same approach is very useful in list/task management. So, in practise, I might find that an item on my list spawns other related categories/lists. I just let the list grow outwards as well as length-wise – and then re-organise it later into a more readabe ‘shape’. Yes, I may spend time building and refining my lists but this brings a much greater return in efficiency. Don’t be afraid to let your lists grow organically this way.
  4. Know when to stop: Don’t let the list have a life of its own. The list is there to help you work smarter, not to distract you from actually working. You might decide to spend some time each morning on a list, or to take a 30 minute break during the day to revisit it and check progress, but DON’T let it rule your day.
  5. Prioiritise: Some items are more important than others. It might be a Client review you’ve promised to do, it could be a contest you need to enter. Doesn’t matter what it is – if it’s important then mark it as such on your list (highlighter, assign it a big red ’1′ or whatever, but do something to make it stand out from its less vital friends on the list).
  6. Do Something You Don’t Want To Do: There will always be things you want to put off, it’s natural . The trouble is that the longer these things hang around, the more fearsome they become – they sit there in the back of your mind, nagging away at you. You know that you’ve got to do it, and you know that you don’t want to but it won’t just go away, believe me. So – make yourself do something from you internal ‘stuff I really don’t want to do’ list. Pick one task that you’ve been putting off, and just get it done. You’ll almost certainly be pleasantly surprised at the sheer relief of getting it finished and out of the way.
  7. Do Something You Do Want To Do: Go on, give yourself a treat. Put something on the list that isn’t neccessarily the most important thing, but that you want to do. Give yourself a little something to look forward to.
  8. Update Your List: ‘The List’ is a living document. Update it when you’ve done something – put a big black ‘strike’ through it (you might want to delete items from your list as you do them – I prefer not to but that’s just my choice). Enjoy the warm glow when you look back at that previously daunting list and see that it’s been reduced to a record of all the things you’ve achieved.

 

So there you go, just a little grab-bag of tips and tricks that might help you in managing your time a little better. They have all worked for me over the years, and god knows I’m not a naturally organised person. Feel free to comment with any little techniques or tips of your own.

Cheers
Dave

Local Hero – Target Geographic Markets

September 21st, 2008 1 comment

Most people coming to this Blog (and many other Blogs in the same field) are looking for an edge – something that will help them stand out. For the most part we cover broad topics relating to SEO, Blogging techniques and Affiliate matters because the standard thinking is that we want to appeal to as wide an audience as possible.

Think Local

Even when we do focus on a niche, its almost always a market niche, so we’re getting (or trying to get) visitors who are interested in a certain subject matter, wherever they are geographically located.

What about we turn that on its head, and aim for a purely geo-based market? and where better to try that than in your own town?

What I’m talking about is making a Local Blog – and not just a Blog, but a Forum and a Directory, a News site or local reviews even.

The Benefits

If you get yourself a good, locally relevant domain name and content that is aimed smack-bang at a local audience – you are going to have a great chance of grabbing visitors and retaining visitor loyalty, because people feel a natural preference for a ’local’ site over a generic one. They have a sense of attachment and that is something you can build on.

What’s more, once you are able to establish a ‘brand’ locally, it will be relatively easy to build on that by expanding the scope of your site/network – and even reproduce it for neighbouring Cities/Towns.

Say, for example, I pick up a domain “BirminghamBuzz.com”, “HotInPerth.com”, “CapeTownReviews.com” etc. (I just plucked those names out of thin air – I don’t know if they have been taken, I’m just using them as an example). I can use names like these to build a very focussed, very targeted niche site.

Aren’t I restricting my potential Visitor Numbers?

Sure, I know that straight away I’ll be ignoring the vast majority of people in the world who don’t actually live in those Cities, but in this case i don’t care, because I know that the people visiting the site will be considerably more likely to be interested in what’s on there.

More to the point, I can sell that ‘exclusivity’ to advertisers – because they will also know that the vast majority of people visiting the site will be those most likely to be interested in their services. That means that they will be guaranteed a better success rate when compared to taking pot luck on some generic term web site.

It’s the Web equivalent of local newspaper advertising – you don’t get so broad a reach but you get a better hit rate.

Getting Advertisers

What it means to you, as the Site owner, is that the normal advertising ‘model’ doesn’t apply. You will have to do more legwork to attract advertisers, as generally speaking you won’t be able to use the usual mainstream advertising/affiliate methods.

The upside (and it’s a big one) is that you will be able to negotiate deals direct with local businesses – you’ll cut out middle-men and, of course,  you will be WAY cheaper than traditional print advertising, which means you could pick up business from people who have previously avoided advertising.

You will probably have to offer ‘loss leader’ or ‘opening discount’ type deals to get people interested to start with but the freedom of being able to work out your own arrangements with local businesses can bring great benefits. Plus, the ‘personal’ touch means that these guys will be more willing to give you a chance -particularly when you can literally drop round and discuss deals face to face.

User Involvement

As with any other niche, you want to generate and maintain user involvement. And that means you need to do more than just set up a Directory site and hope it takes off. This is where Blogs and Forums in particular can pay off – people tend to feel involved in their community and are often passionate about subjects of local interest. Once you provide a means for them to air their views you will be able to develop a thriving online community, which will spread by word-of-mouth as well as by SEO.

Once a user base is established (with the help of some good ‘start up’ advertising deals and special offers), you can leverage that involvement with Reviews and increased advertising.

What to Do?

So – if you live in a town with a population of say, 100,000 or more, give it a try:

  • Register a locally meaningful Domain name
  • Start by Blogging about local topics and news
  • Identify local businesses (even just start with 2-3) and approach them on the basis that locally targeted online advertising will be beneficial to them (and also much cheaper than traditional methods)
  • Be prepared to offer cheap or free advertising to begin with, or to work on a commission-only basis, perhaps using a basic ‘voucher code’ approach
  • Approach local newspapers to see if you can get an editorial plug, local radio stations to get an on-air mention (offer some free advertising in return).
  • Encourage Comments and set up a Forum  – exploit the fact that many people feel passionately about their town. Publish and encourage Reviews and Feedback. 
  • Get some advertiser testimonials – even if you have to pay for them ;-) Put them on the site
  • Get your advertisers to offer Website specials/discounts
  • Maintain Visitor and Click stats if you can – use them to generate repeat business – don’t  be afraid to approach businesses in the same field as your advertisers – let them know just how well your advertisers are doing
  • Don’t neglect your usual SEO tasks 

What we’re looking at here is generating maximum benefit from a relatively small user base – we’re not competing on Keywords with a million other sites and we’re maximising the chances of a visitor actually making a commitment to your site/advertisers.

Give it a go…

Cheers
Dave

Why Are Big Bloggers Big?

September 11th, 2008 5 comments

Like me, you’ve probably sometimes wondered just what it is that makes Shoemoney, ProBlogger, John Chow etc. so different from the rest of us. So I decided to take a closer look at their recent posts and content, compare it with some of the mid/low level type MMO Bloggers around and see just what their trick is.

 

What it isn’t

Well, for a start off I’ll tell you a few things that DON’T make them stand out from the crowd:

Content and Originality?

No – looking through Shoe, ProBlogger and John Chow Blogs recently I can’t see much that I couldn’t find on Net Fool, TUK or a lot of other Blogs – and to be honest Jim and Jason do it better in many cases. Looking on the ‘Big’ Player Blogs I see the same recurring subject matters of ‘content’, ‘getting subscribers’, ‘distractions’ etc. 

They also have a high proportion of posts where these ‘top Bloggers’ talk about each other and tell you all about the conferences and expo’s they’re going to be guesting at…yep, really useful.

Like everyone else much of the remaining Blog content is made up of paid reviews, affiliate promotion and general internet/SEO chat (apart from the annoying but probably lucrative restaurant reviews of course).

Grammar?

Nope – the standard of grammar is poor – their stuff doesn’t read particularly well. I’ve seen a lot worse for sure but this isn’t premium quality copy by any stretch.

Posting Frequency?

Partly – Shoe, ProBlogger and John Chow are all averaging 1-2 posts per day recently, which is about as much as you’d want, otherwise you’re just padding your Blog out.

 

So – what is it?

OK – so they have a flashy skin (nice new look John), good prizes and a lot of good ads, but there are a few main reasons they are where they are:

They’re Big, of course

Cash, Dollars, Money on Internet BabelOne thing that makes them big is the fact that they are big – it’s a self-fulfilling thing, because nothing succeeds like success. People want the kudos of being associated with them and therefore want to link to them. Like Doug said in his interview, these sites have thousands of backlinks and eager subscribers because of who they are, not just what they provide. Advertisers and others see a success story and link to it or advertise on it for no other reason than that.

That means that there was a ‘tipping point’ somewhere where these ‘elite bloggers’ graduated to a higher level – either through pure ‘money power’ i.e. a straight purchase of links/traffic, use of contacts in the business, link-bait, luck or (more likely) a combination of all of the above.

The point is that once you’re at this level its easy to stay there – you just keep churning out the same old stuff and keep patting your mates on the back – and as long as you don’t really screw up there’s not a lot that will drag you back down. Hey, if he charges $500 for a review post , he MUST be good eh? 

Value Add & Stickability

What you’ll also find on these Blogs, and this is what keeps a lot of people coming back, are the value-added features, such as Job Boards ($50 a month to post a job anyone?), Forums, Chat, Blog networks plus the E-Book purchases and regular comps of course.

These guys know that posts alone aren’t going to keep a visitor on the Blog, particularly when the same stuff is on a hundred other Blogs – so they diversify and put features on the site that are going to make people WANT to come back. In that way, they’re more like a ‘portal’ than a pure Blog.

Visitor Retention

They sign them up and keep them coming back. Big FeedBurner numbers speak a thousand words, and they’re sexy advertiser-bait as well.

Interaction

Active and lively commenting keeps things fresh. Just looking over recent posts, ProBlogger’s averaging 20-30 comments per post, Chow 40-50 and ShoeMoney is way up around the 80 mark and more. Threaded commenting is great as well.  

 

What to do?

OK – here’s a few things we can try that might help us get promoted into the Premier League – in addition to the core requirements of creating quality content and doing good SEO:

  • Diversify & Value Add – This is an area where all of us can learn. Put a Marketplace, Jobs Board, Forum on your site – find some kind of service that’s going to make real visitors want to come back on a regular basis.  
  • Build Subscribers – Regular incentives for subscribing, regular incentives for staying subscribed. Offer individual sign ups for different services, and make those lists contribute to the overall subscriber numbers. Create Newsletters. 
  • Interactivity – Keep your comments areas active. Deeplink to recent and not so recent posts to kick-start some up to date feedback. Hell, open up a chat or shoutbox area, or show how many people are currently online.
  • Help each other out – the top guys have their clique. We should also be doing the same. Keep visiting the mid and low level Blogs you like and spread the love. If you see something you like. comment or post about it.
  • Posting Frequency – You have to keep adding content, but find a level that suits you. Don’t just churn out rubbish because you think you have to. When you get an idea, turn it into a draft post, and aim to have a few drafts that you can return to and get ready for publishing when you have a little time.
  • Give practical advice – if you have a good result, tell people about it but more importantly, tell them how you did it. Don’t spoon-feed them though – it doesn’t have to be a step-by-step guide, just give them enough information to let them work it out for themselves. 
  • Go off-topic occasionally – most normal people have interests outside of Making Money Online, and they have opinions. Every so often, throw in a little off-topic post that might grab some interest from outside your normal target market.
  • Act Clever – analyse your individual posts and see where visitors go in your Blog. Work out what works and work it even more.
  • Act Big – increase your advertising and posting fees, cos if you undercharge people think you’re desperate, but if you charge premium rates, you must be worth it, right?
  • Stick with it – have a plan, don’t get disheartened and don’t give up after three months. Work on building a brand and people will start coming to your Blog to see what you’ve got to say about a subject*

Basically, the upper echelon is very hard to break into, unless you’ve got a lot of money to throw around or some good contacts to take advantage of. For the rest of us, we can look for incremental gains in traffic organically through good content and good management. And you can look for that killer piece of link-bait or Value-Added service (interaction, real-time updates, a service) that’s going to tip the scales and get a heap of quality traffic heading your way.   

Any other tips and tricks for mixing it with the Big Boys?

Thanks
Dave 

* Plus, of course, “don’t forget important bullet points off your list” and “be prepared to edit/update your post if someone points it out”  (see first 2 comments) – thanks Coffesh0p ;-)

Domain Flipping and Speculating – Part 3: The Forums

September 9th, 2008 8 comments

OK – so in parts 1 & 2 we covered an introduction and some basics on registering a new domain and finding dropped/expired domains.

In this piece, we’ll be looking at what will be the main stomping ground for most of you – the Forums. In particular I’ll be covering DigitalPoint and NamePros, because they are both popular and they represent different markets. Other popular Forums for buying and selling of Domains and Websites are SitePoint and Acorn Domains, but I won’t specifically address them here.

First things first – Build a Rep:

If you haven’t already done so, register at both Forums, take a good look at the different areas on them, and start posting in the ‘non-trading’ sections…get a bit of ‘post history’ under your belt, try and get some Rep points, as this will all help further down the track. If you have an area of expertise, use it to give some advice to those in need.

DP and NamePros- what’s the difference? 

I use both Forums frequently to buy and sell Domains, but you have to be aware that they have very different approaches to the game, and you have to behave accordingly.

DP is the bigger of the two in terms of users, traffic and posts but it is a LOT less regulated and, as a result, is more prone to spammers, scammers and time-wasters. The mods there are average at best and they will do little to help you out in case of any disputes. Also, they are not as open as they could be with regard to highlighting and stamping out scammers.

Having said all of that, there is a good community there, and there are some great bargains to be had if you trawl the Domains For Sale forum. It’s also a good place to buy and sell links/adverts or content and there are some useful posts in the other sections as well, if you ignore some of the more obviously juvenile/spammy crap.

NamePros is a smaller, tighter community and much better regulated (although obviously not totally free from scams). Their Domains For Sale sections are separated better than DP, and the Domains Wanted Forum is a good place to look for potential buyers.

Be warned that NamePros mods do a pretty good job of keeping on top of Sale/Auction threads and there are rules for all of these that you MUST abide by. It takes a little bit more effort but it’s generally a safer place to deal in.

Look And Learn:

I can’t stress how important it is to take some time looking at the Forums for a while before you do any trading. It is only by doing this that you’ll get a feel for good and bad prices, good traders etc.

Ask anyone who regularly deals in Domains and if they’re honest they will all admit to being stung or being stupid in the early days – I bought a few turkeys myself early on. But then, you can always sell them on to an un-suspecting newbie ;-)  

Sifting Out the Rubbish:

As a result of a spending some time looking at the Forums, you should be better positioned to spot and then ignore the trash – and there is a LOT of it. Of course, the trouble is that not many people will be honest enough to say they’re trying to offload a crap domain, so you’ll see some amusing posts trying to put a good spin on names that are blatantly pathetic. Methods used to try and do this include:

  • trying to target a domain for a non-existent niche (e.g. “FartingAlbanianParrots.info – ideal name for a domain about Farting Parrots in Albania”
  •  ”Dictionary word .com” – Yes, well “Assuetude” is a dictionary word but I can’t see much type-in traffic for it. Just cos it’s a dictionary word doesn’t mean it’s got any pull.
  • “Web 2.0″ name – “Flxgl.org” – Woopy-Doo…   
  • Typo’s – watch out for these.
  • Likewise for TradeMarked names – maybe the current owner has realised they can’t use the name without being sued, so they want to offload it. Don’t complain after you’ve bought – do some research into any names you have the slightest doubt about.
  • Good old-fashioned Bull – Just because the seller says it’s a good name doesn’t mean it is. They are quite happy to bandy around words like “Premium”, “Valuable” and the like – but step back and think before you buy.

Plus of course you will get the clowns who are deluded enough to believe that they’re crappy domain is worth a fortune…it isn’t.  You will see some truly ridiculous prices being asked for – on the other hand, you will also see some absolute bargains (I’ve picked up 20 $1 Domains in the past 3 weeks).

Note For Sellers:

The advice I’ve given to looking around the Forums applies just as much if you want to SELL a domain. You need to come up with a realistic price, and decide where you want to sell it, and the method you want to use (Fixed Price, Auction etc).  and READ THE RULES.

Admin:

Most sales on both Forums are conducted via PayPal (although Escrow services are popular for higher value sales). So, as I said earlier, if you want to trade on these forums you will need PayPal. You will also need an account at the major registrars in order to acccept/give account pushes.

Etiquette:

Don’t mess people around. You WILL get landed with negative trader points and possibly bad reputation, and that is not the way to start your career in Domain speculating.

You will come across a number of sales (particularly on DP) where the seller turns out to be a waste of space and ignores all attempts to contact them even if your bid has won the domain. If you’ve abided by the Sale rules and given them fair opportunity to respond then you could slap them with some bad trader points but my advice (to begin with at least) would be to forget about it and move on (but make a note of their name so you know not to deal with them again).

It costs nothing to be courteous in sales threads, and as always, flaming/spamming someone’s sales thread will only end in sadness. Karma is a great consolation so hold your tongue.

Coming up next…the mechanics of conducting a sale on the Forums – bidding, accepting bids, processes for payment and transfer of Domains etc.

Thanks

Dave

Doug Scott – ASAP Ventures

September 4th, 2008 1 comment

Doug Scott is a very well-known name in Affiliate and Web Marketing circles – and a great subject for an interview, cos he tells it like it is without any bullshit or ‘black art’ stuff. He’s the man behind ASAP Ventures and a host of high-profile domains particularly in the travel and car-hire sectors.

This post would have appeared under the ‘Interviews’ section, except that someone got to Doug before me. However, this interview is so good you’ll want to hear it, believe me.  Fraser, from AffiliateBlog.co.uk did the interview with Doug and they have both agreed to me posting about it and producing a transcript.


I’ve reproduced a few choice snippets here, to give you a taste, and there’s also a PDF version of the full transcript available for download – but you’ll find it worthwhile listening to the whole Podcast, if you can decipher the accents – being a Brummie I speak perfect English but these two guys aren’t as fortunate as me ;-)

The full interview comes in at 40 minutes plus but it’s a great lesson in how things really work.


On Domains:

Fraser: Fly.co.uk that’s a kind of high profile purchase you made recently wasn’t it?

Doug: Yeah, that was GBP 87,500 (approx. $175,000). 

Fraser: That’s quite a big investment.

Doug: Personally, I thought it was a bargain – I thought they gave it away.

Fraser: You think so, that’s good.  So I take it you’re a real believer in a good generic domain name then.

Doug: If you’re going to sell something it’s much easier to sell fly.co.uk rather than dougscheapflights.co.uk.  As a company, what we do is we get traffic to websites. You know, carrentals.co.uk – is a very good generic. It probably does - over the past 5 years, it’s probably done between 50 and 100 million GBP worth of sales.  If we wanted to sell that domain it’s much easier to sell that domain having it as a nice name.  It’s much easier for a corporate to understand what they’re buying.
 
If you look at carrentals alone, that domain has probably had in the region of 5 million GBP spent on it.
Therefore, you might as well spend that much money on a nice domain name.

If you look at Fly.co.uk, that was 87.5k GBP, Recycle was 152k GBP - and I just look and I think, it’s so easy.  The traffic part has never been a problem to us. I always say to people you put content on websites and give them some links – that’s all you have to do.

Traffic & Link-Building:

Fraser: So why would people find the traffic part difficult then?  I know there’d be a lot of people out trying to desperately get traffic to their websites.

Doug: I think that most people don’t believe it.  They do it for 3 months and then stop.

You know, they don’t see the results they expect. I did an explanation yesterday to a couple of people, and they had a website and my first question was how many visitors does it get? And they said 5 a day.  I said, you’ve got 5 now, whatever you did last time do it again ‘cause then you’ll have 10 and then do it again and you’ll have 20 and once you get to a certain point theyre will be a logical point where what you should actually do is turn this into a process and have other people do it or have machines do it.

There’s no point you as an individual sitting in a bedroom trying to manually do everything.

Fraser: So processes for things like getting the content written, doing the link building, those kind of jobs?

Doug: We do processes for everything.  I say we do factory SEO. We have probably about 300 writers now around the world who write content for us.  We used to write it ourself but then it became cheaper to give to someone else in bulk. 

If we do link building, we have machines that do requests, we have people who do requests.  Basically we’ll trial something, trial something, work out how it works and then we will try to make it an automated process or a manual process.

Fraser: That you can then outsource, so you’re not stuck having to doing it yourselves?

Doug: You can outsource or you can build a machine.
 
Fraser: So how do you mean, can I explore that a little bit “build a machine” – you just mean an application that does it for you or what?

Doug ScottDoug: If I’m very simple about it, if you’re looking for links in a sector, what most people will do is, they will go to Google.  They will search for terms relating to their sector, they will try to find the contact forms and the email addresses of those people and then they will manually contact all of them. 

Now, aside from saying the legalities of how you contact them, the collecting of that data, well a machine can do all of that much, much faster than an individual will ever do it.  Now you may put a sanity check in – where we’ve now got all the data, we now get people involved, who then basically before we touch someone will look at the data to make sure it’s what it’s meant to be.

Fraser: Right yeah, so you’re emailing the right people and not asking the wrong sites for links and that kind of stuff?

Doug: Yes, in most cases it’s very limited in what we do about asking people for links anymore.  We have processes now – we’ve just learnt as time goes on that the efficiency of asking people is not the best way of doing it. 

If I went back 4 years ago we would have been doing very much more traditional asking for the link.
 
Now what we would do is we will try and create something and then tell the relevant people who really want to link to it because if you can kick that snowball down the hill the effect is dramatic.  It’s one of the discussions, you know going back to the domain name purchases  – you look at the 2 big ones which people know that we bought was Fly and Recycle.  Now have a look at the back links at any time you want of Fly and Recycle and you’ll see there’s a lot of them and there’s a lot of them based because of how much we paid for it.

Fraser: Right, that’s almost kind of self fulfilling, yeah you spent that money on an instant success because people talk about it because of how much you spent on it.

Doug: Anytime I mention it, anywhere, like here, other people will link to it. It’s the same on my blog, my blog has taught me a huge amount of how to create controversy.

Link-Bait

Fraser: Do you think that’s a good method? I know that some people have frowned at that link bait at money.co.uk saying that if the story’s not true it’s misleading and unethical, I mean  what’s your stance on it?

Doug: Depends on where you going with it.  Ethically wise, I would say I agree, it’s not ethical. Lyndon’s view is, commercially it’s hugely viable. Now if you’re Google what do you do with that I don’t know. What we’ve done in the past is we prefer to create a story – we play – rather than rifle shooting we play a lot more of a random game, a shotgun, where what we will do is we will create a 100 stories and some will get picked up – we don’t know which ones will but once one is picked up we will then exploit it.

So we let the world decide what the story is that wants to be told.

Paid Search:

Doug: Paid search to me now is pure arbitrage business. You know, it’s exactly what happens in money markets and share trading markets.  What you’re looking for is a hole in the market. And there’s enough data out there, if you’ve got access to the data – that’s what it very simply is – at one point we were running one paid search campaign with 4.5 million key words in it.  An individual can not do the analysis on that data – it’s just not physically possible. So you need to have a machine.

You’re changing your bid prices, time of days and things like that but you need to be able to take the data you’ve got and react to it.  It should be possible with enough data to take the click through value, the click through rates, the amount of money you paid on a position in Google – you should be able to forward forecast and reverse forecast what any price should be at any time of the day for any keyword in any month.

From our experience, if you’re in a very targeted niche, say if you’re doing car insurance, an individual will win every time because an individual will physically look at the ads and see how good they are, bad they are, in comparison to what other people are doing, and be able to make gut instinct changes – a machine can’t do that. 

But as soon as you go past the 100 key words – we proved it most of last year, ‘cause we ran 2 parallel campaigns on 2 different sites, and that’s exactly what we found.  The machines just won every time. 


These are just a few snippets from what is a very interesting interview.

Hear the full Podcast at: http://www.affiliateblog.co.uk/doug-scott-asap-ventures-interview.html

Download the full transcript here

I hope you find it entertaining and educational.

Dave 

Online Poker Affiliating – Give This Bad Boy A Chance

September 1st, 2008 No comments

This is a Guest post by Greg Walker from NewPokerAffiliate.com, giving an overview of an area that can bring in big money if you think about what you’re doing and have the right resources to help you. The opinions expressed are Greg’s but he’s quite rightly enthusiastic about his chosen field. Certainly an area worth looking at for anyone who wants to earn some online dollars.

Dave 


Online Poker Affiliating

Let’s not beat around the bush, this article is about online gambling.

No seriously, just give me a chance on this one to let me explain a few things. I know a number of you webmasters are going to completely dismiss the idea of promoting online poker from the start, but that is your own choice and it’s completely up to you what you do with your time spent Internet marketing. However, even from my biased point of view, I’m going to say that you’re missing out on making a lot of money, and I want to give you a run down on the possibilities (as in “how much money you can make”) of being a poker affiliate. 

The Money

The typical commission for sending a real money play to a poker room is $100 or over. It’s not a $1 commission on a book sale from Amazon, neither is it $20 from a SEO ebook sale. It’s $100 (and sometimes more) for every visitor that goes from your site to the poker room and starts playing for real money.

New Poker AffiliateIf you can just get 10 real money players to your site a month, that’s 1K a month. Now, if you create 5 sites like this, you are making 5K a month. There are no tricks here, it’s just basic math.

Let me put it another way: I have worked with people in this industry that are doing pretty well for themselves. Many start out casually promoting poker as more of a hobby than anything, and they end up quitting their jobs and earning more from poker affiliating than they did working for IBM. If you’re doing ‘okay’ as a poker affiliate, you’re earning 5K a month. If you’re doing really well, you’re earning over 100K. The more you work, the more you can earn. 

The Workload & The Returns

Sure, these figures are nice, but they are not going to come overnight, we both know that. However, as far as actual work goes, the time spent creating and developing sites will be no different to the time you spend developing sites in whatever other industries you might already be in (and making money from).

The only difference with poker affiliating is that you need to have the right approach and know what you are doing to be successful. It really is a case of working smarter and not harder.

It might be nice to have a blog about your experiences as an Internet Marketer, but it’s not going to be efficient to create a high maintenance blog in an environment that is difficult to make money in, let alone have it as a flagship site. Your time is best spent elsewhere, and that ‘elsewhere’ could well be in poker.

For example, let’s take a look at a typical well-regarded blog in the MMO niche… TheNetFool. Jim grinds out decent sized articles around common MMO topics on an almost daily basis. Now, if you look over posted earnings records from past months, you will find that the blog makes maybe $400 a month (discounting any spikes/bonuses). He’s not in the Premier League but at that level he is certainly making more than the majority of MMO Bloggers out there.

If you spent your time writing a solid article about poker every day on a poker site, you would be making a hell of a lot more than $400 a month, I will tell you that for free.

You just need to know what you’re doing. If you have experience in creating solid websites and know about good SEO, you really need to start broadening your horizons and considering the possibilities of other industries. 

But I’ve heard poker affiliating is bad!

That’s because the people you are speaking to have failed in their attempts at poker affiliating. It’s much easier to blame the industry than the fact that you took the wrong approach and didn’t work hard enough, it’s human nature. So disregard what other people have told you, and take a look at the facts:

  • Yes, poker affiliating requires work.
  • Yes, you need to know what you’re doing.
  • Yes, it takes time.
  • Yes, many people will give up.
  • Yes, you can make a boat load of money if you do it properly.

I’m not going to try and make out that poker affiliating is some silver bullet that makes you millions from one 10-page website, I just want to let you know that it is a perfectly viable option as an Internet Marketer.

The majority of people do not want to put the effort in to make a successful poker site, and they are happy to move on and complain that it is a terrible industry. However, if you have the drive to do well and create a useful site that brings in traffic from the search engines (Google doesn’t hate poker y’know), then a lot of money is waiting for you.

This time next year you could be earning 10 times what you are earning right now, just because you decided to take a chance as a poker affiliate.

I wish you the best of luck.

For key strategy guides and tips, as well as how to “know what you are doing”, check out New Poker Affiliate.
 

Greg