Lately there has been a lot of discussion about Domain Development vs. Buying Domains for the purpose of re-selling for a higher price. I currently buy some domains to re-sell and other to monetize through development. However is the development portion of the business really “Domaining” or is it simply web development? What I will say is that there seems to be a bit of confusion in the industry and I think it comes down to the definition of the word “Domaining.”
I have always thought of Domaining as the business of buying, selling, developing, and monetizing domain names for a profit.
I think of Domainers as Domain Investors – we invest in domain names and whether it is through re-sale or development the goal is to buy a domain name as an investment. An investment is something that pays you, so whether you make money selling or developing, if you’re making money as a result of buying a domain wouldn’t that make you an investor?
I hope this post doesn’t come-off as controversial. I’m a nice guy to the core so not trying to stir the pot. What I am trying to do is put-out a good question that deserves a definitive answer. What is the definition of Domaining?
We all read Domaining.com religiously (or at least I do – thanks Francois!) but do we all agree on what the definition of Domaining is?
So comment and share your definition of Domaining – I’ll be interested to see if we all agree or if each of us has a different definition of the word!
Bingo,
You have nailed it. The unifying thread here is “investor” whether you buy-sell or buy-develop or buy-develop-sell or buy-monetize (ex: parking) the key is the creation of revenue from domain names.
I have long advocated that getting the industry to speak in a unified voice will make that voice stronger and less confusing to the marketplace.
Positioning ourselves as legitimate investors in Internet commodities (aka Domain name) may be exactly the unified voice that our industry needs at this time.
Thanks