Unless you’ve been living under a rock then you can’t have missed all of the coupon insanity in the Domaining world over the last few weeks. I haven’t done a post about this yet and I know the community already has enough coupons out there so I thought I’d talk about the extreme couponing phenomenon. First I’d like to thank everyone who has posted these coupons, people are saving thousands of dollars a year using coupons like these and I am very grateful that I don’t have to search all over the web to find them. I’d especially like to thank Jason Thompson and DNN, DomainShane, and Toronto Domainer for their coverage of the latest Groupon Go Daddy deal. For those who participated this was one of the best opportunities to come along in quite a while.
Lately I’ve heard a lot of Domainers say “I’m sick of everyone talking about coupons!”
What I will say is only get sick of it if you’ve already saved so much money you couldn’t think of saving more. Otherwise don’t get mad at people for sharing great deals with you. I’ve seen some animosity lately towards bloggers that are posting coupons and honestly I don’t get it. Why get upset with someone who is helping you save money? Extreme Couponing has hit the Domaining world and what this means is huge savings for investors and those saving can go right back into your business allowing you to buy bigger and better names.
The concept of extreme couponing is to use coupons on top of coupons, on top of coupons. One of the reasons I like Go Daddy so much is that they run a ton of specials and there are always opportunities to lock in deeper savings. Buying a domain for $2 instead of $8 might seem like a small savings, but if you do it over and over, those savings add up. Renewals is really where I think Domainers should always be on the lookout for coupons. I’ve saved over $3,000 renewing domains this year and you can bet all $3,000 is going into new acquisitions.
So if you’re getting sick of all the coupons, take a step back and ask yourself why you’re not cashing in on these deals. As I’ve always said, “Money is money” sounds simple but it’s oh so true. Saving money don’t mean the money won’t get spent, it just means it might be better spent on assets that will make you money. Oh, and unlike extreme couponing you don’t have to clear out the garage in order to fit all your domains…