Can You Make Money Selling WS Domains
I am a judgment broker who writes a lot. Recently a friend introduced me to a “latest and hottest” way to make money using the internet, by becoming a Multi-Level Marketing (MLM) reseller of WS (.WS) domain names. She explained to me this may be the new big thing which go viral in our world, making some people rich. Alas, I have enough experience to know domain name extensions are just domain name extensions. Around 1997 or so, WS may have been somewhat hot, now it’s boring.
The pitch is: “WS is a world accessible top level domain which works just like COM and NET. Anyone, anywhere, can register a WS domain and establish a personal internet address for life. WS’s easy to remember; WS is WebSite! Register a WS domain today, and see why we’re ranked with the upper 50 of the five hundred growing companies.”
The reality is, nearly the same assertions might be made if one chose one of (at least 100) possible domain name extensions. In the past, and also now, COM is the most popular; and Net, Org, Info, Gov, also are popular.
Historically, a few domain names were sold for big money; and even as recently as 2009, Insure.com was sold for 16 million. These days, it isn’t one’s domain name, it’s what you work to do associated with a name, which may make your name valuable.
Now, registering and parking domains might be more of a liability than an asset. You must pay rent to keep domain names registered, and when you copy or picked a domain name like an existing company’s name, that company could take your internet domain name from you with their attorneys.
When one registers (e.g.) ffbbxx.com, and work to make your web site a really valuable product, service, or informational website, that you update daily and market for years, your web site may one day get you some some money. By themselves, many internet domain names are worth almost nothing. Usually, it’s only one’s effective work which could add increase the value of many domain names.
When one thinks of Google.com, it usually makes us think about a web search, because of the work that was done in their company and what they do these days. Before the common use of the Google name very many now know; the name google was best known as describing some number having one hundred zeros, some clever eye motions, and the old song about Barney Google.
If you have a bunch of cash, or your company has extra money, go ahead and register YourName.WS or YourBusiness.WS. When one’s favorite internet domain name choice isn’t available in COM, then WS is as valid as one of the other 100 or so domain name suffix choices. The main point is a domain extension isn’t your key to success, succeeding most often comes from the work one does.
The marketing push of WS domain names these days comes mostly from a multi-level-marketing business. When you’re an excellent sales expert with lots of contacts and charisma, you could make money selling WS domains. Most people will find it difficult to sell such a generic service as being something different, although it is not.