I’m enjoying life rather than blogging

March 18, 2008 by Rick Latona · 1 Comment 

If you want to find out what the Daily Domains are you need to be subscribed to the email. I’m on a cruise with my family right now and I’m not going to be taking the time to also post the names on this blog. If you haven’t subscribed yet, I suggest you do so now.

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I’m enjoying life rather than blogging

March 18, 2008 by Rick Latona · 1 Comment 

If you want to find out what the Daily Domains are you need to be subscribed to the email. I’m on a cruise with my family right now and I’m not going to be taking the time to also post the names on this blog. If you haven’t subscribed yet, I suggest you do so now.

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St Thomas Virgin Islands - Greetings

March 16, 2008 by Rick Latona · 5 Comments 

Greetings from St Thomas.

This has to be the largest concentration of jewelry stores on the planet. Seriously, do all of these stores make a profit? If you’ve ever been here, you know what I’m talking about.

The weather was pretty crappy today so the beach wasn’t all that great either. Overall, it looks like a nice enough place. Myself, I’m more of a fan of the pacific islands with their towering volcanic mountains.

stthomasvirginislandsforblog.jpg

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Do Not Try to Sell Me Your .Mobi Names

March 13, 2008 by Rick Latona · 29 Comments 

I have no interest in these names. I think the entire extension is ridiculous. They are worthless. I don’t care what other .mobi names have sold for either. I have zero faith in the extension and will not buy any .mobi names.
:) I do wish everyone luck that has one.

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A Recent Podcast Interview

March 12, 2008 by Rick Latona · Leave a Comment 

For those of you interested in this sort of thing, I completed a Podcast interview last night. You can listen to it at Oz Domainer.

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It’s Hard To Sell Something Nobody Wants to Buy

March 11, 2008 by Rick Latona · 8 Comments 

Quoted from Wikipedia, “In economics, supply and demand describe market relations between prospective sellers and buyers of a good.” This often used financial model name is a powerful thing indeed.

What is it that makes a domain sell and how do we set the price? With my new role in the domain market place, I think about these questions more often than not.

Sometimes I send out one of my Daily Emails and I’ll get 10 takers on the same domain. Naturally, I stay true to the cause and sell it to the first person that replied, at the price I put in my email.

Other times I put a name out there and nobody wants it. So, I lower the price. Then I lower it again. Then again. Again. It still doesn’t sell. Why? Is it because Aquaphobia.com isn’t worth 2800 dollars or just because nobody on my mailing list wants the name. I have to think it is because no one wants to buy it. There is no demand for it.

So then what? Do I keep lowering it every day until I’m paying someone to take it? Am I asking too many questions?

We know the supply is ONE. There is only ONE Aquaphobia.com. I realize it isn’t the greatest name in the world but the price also isn’t 50,000 dollars.

I guess it just isn’t exciting. It’s not a name that anyone WANTS to buy.

The keyword here is want. Want means demand. You can’t sell a name nobody wants. As Francois commented on my Daily Domains thread, price doesn’t matter if no one wants the name. He’s absolutely right.

It’s for this reason that price drops on names will now be once a week or maybe even once every two weeks. After all, our wants change over time, do they not? Maybe one of you will want the name a couple of weeks from now for 2400 dollars.

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I think I got carried away in my home office.

March 9, 2008 by Rick Latona · 13 Comments 

The Dell salesman had to tell me that I could hook up four monitors if I wanted to. He just HAD to tell me that. Actually, I can push a button on my universal remote to push whatever is on my fourth moniter to the LCD TV at the other end of the office so I guess technically, it would be five monitors.

Don’t get me wrong, though. It’s great. I’m not having any problems finding things to cover up the pixels with. Email on one, an inventory spreadsheet on another (minimized for the purpose of this post), browers on the third and IM messages on the fourth. No problem. I do feel more productive.

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FUSU.com - Interesting Concept

March 6, 2008 by Rick Latona · 7 Comments 

I’ve just been reading about FUSU.

It’s certainly an interesting concept but I’m not sure I entirely understand how it works.

For example, it looks like the registrant of the domain doesn’t change after a name gets listed. How do they protect the people that buy shares? Shouldn’t the exchange be the registrant?

I see that they don’t allow the registrant to list more than 45% of their interests. If they became the registrant that wouldn’t be an issue. Someone could list as much of their shares as they wanted to list.

Doesn’t it also imply that the only options would be to sell the name or park the name? What happens if the registrant wants to develop it? How do they take into account expenses and the like?

I’m confused.

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Mistake in today’s email

March 6, 2008 by Rick Latona · Leave a Comment 

I forgot to put the extension on SaintAugustine.com. I listed it as just SaintAugustine. It is, in fact, SaintAugustine.com for 75,000 dollars.

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Mistake in today’s email

March 6, 2008 by Rick Latona · Leave a Comment 

I forgot to put the extension on SaintAugustine.com. I listed it as just SaintAugustine. It is, in fact, SaintAugustine.com for 75,000 dollars.

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