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Site Flipping Problem...

Discussion in 'Site Flipping' started by zengetsu, Jun 19, 2012.

  1. zengetsu

    zengetsu Regular Member

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    So I was reading some new technology articles and what not and I herd about this new technology coming out. It was from a company that I knew would sell their product so I found out the the domain was available by: productnamecompany.com I am still waiting for the site to be transferred from GoDaddy to my web hosting account and I called customer service to see what was taking so long. I got talking to one of their "Internet Consultants" because he was impressed with the domain I had bought (for .99 cents thanks to BHW). He informed me that I could put this website up for a Premium listing for free there on GoDaddy (as long as it was anywhere from $100-$100,000). He also informed me he would not be surprised to see this domain go for $10,000 or more. My dilemma is that I am wondering if maybe I could make more money out of this website if I used Amazon to sell their product (maybe Adsense to make some money as well?). So my question is what would you do? This is recently new technology so I am afraid if I wait too long to sell maybe it will fall out of its "fad". Any suggestions would be helpful!

    Thanks
     
    Last edited: Jun 19, 2012
  2. steelballs

    steelballs BANNED BANNED

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    With respect are you sure that the domain name will not create copyright and ownership issues with the name you are using?
     
  3. zengetsu

    zengetsu Regular Member

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    I'm not claiming that I own any of it then (using a disclaimer) I don't think it should be a problem!

    Thanks
     
  4. steelballs

    steelballs BANNED BANNED

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    I am not sure that will cut it because if your URL was say

    ipad.com

    Do you really think because you put up a disclaimer all is OK! The reality is that Apple would be all over you!

    So why do you now think you are immune from action?
     
  5. PhaseSeo

    PhaseSeo Junior Member

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    Have you already tried to do some keyword research related to your domain name? I suggest that you do it and see if the exact domain of yours is having a good amount of Global Search Volume with low competition. If you found to true and you can create high quality on it, then why not try to use this domain for your blog/website?

    On the other hand, if someone is willing or interested in your domain and you can make a lot of profit from it, then why not sell it.
     
  6. zengetsu

    zengetsu Regular Member

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    Because if they wanted the domain name for their product they would have already registered that domain....you do not release a product then buy domain names...


    Ya I did some keyword searches before I bought it...the domain name gets 90,500 searches and I can see that number easily increasing.
     
  7. WebDev

    WebDev Regular Member

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    Amazon jumped all over me when I registered several names like amazonaffiliate.com

    They said transfer the domains to us or else!

    You can expect something similar - probably much worse, if you use any trademarked words
     
  8. zengetsu

    zengetsu Regular Member

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    I don't understand how they can legally do that? I would say if a consumer is allowed to buy them then the company should at least provide compensation for the domain name.
     
  9. WebDev

    WebDev Regular Member

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    They offered to refund my domain registration fees - I didn't bother - just glad they didn't sue me

    They own the trademark and it could have got real expensive for me
     
  10. zulugrid

    zulugrid Newbie

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    The same reason you can't go start a company called "Apple Computer Repair" or "iPad Boutique". The company that owns a trademark isn't required to go and register every company name or domain name that could possibly infringe on their trademark. That is the whole point of having a trademark..

    Personally I'd try to sell the domain and let it be someone else's problem. Keep in mind that going direct to the company and asking them to buy it is essentially admitting to trademark infringement, and will open you up to being sued and losing the domain.
     
  11. zengetsu

    zengetsu Regular Member

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    Well I did not plan to sell it directly to them. The thing is I have seen hundreds of other websites like this sell for tons of money, hence why I started thinking about it. I have not herd about anyone having legal problems like that though...I'll just sell it and see how it goes!

    Thanks
     
  12. BHPlatinum

    BHPlatinum Regular Member

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    As soon as I read about you buying it I was with the other guys and wondered if you'd have legal issues!

    If I were you try and sell it now, you might sell it and make a good return, if not and they catch you then at least you've only lost $0.99

    If you develop a site and spend time and effort on it and then they catch you - you'll have lost out!
     
  13. zengetsu

    zengetsu Regular Member

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    I'm just going to use a basic theme, nothing overly complicated that I have bought or anything. Then throw it up on GoDaddy and see how it goes!

    Thanks
     
  14. dbyrn

    dbyrn Power Member

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    Try to use this website to sell stuff. You can always try to sell the domain later. And check if it's trade marked - if yes, you can be fu*ked in no time.
    D.
     
  15. wowhaxor

    wowhaxor Executive VIP Premium Member

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    If they have a trademark they can take your domain if they want it. Some companies are very aggressive about this others don't seem to care as long as you don't represent yourself as them/slander them. But most all companies will take your domain and threaten a lawsuit if you get big. I lost domains to a number of companies including youtube, apple and amazon when I was first starting out because I didn't know about this.
     
  16. zengetsu

    zengetsu Regular Member

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    So that all being said do you think I can sell it for anything? I'm just putting up a very generic type of website...maybe write a few articles of content for it and post it on Flippa...
     
  17. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    I would look forward to what happens to your domain on godaddy.