Perry Marshall interviews Monte Cahn
I receive an interesting CD in the post last week as part of my Perry Marshalls Renaissance Club membership, where Perry Marshall interviews Monte Cahn (of Moniker.com) on the topic of Domain Name as Real Estate - which basically covers the topic of Domaining.
I’ve been wanting to dip my toe into the practice of domaining since reading I Secretly Want To Be A Domainer (who wouldn’t!), and since Monte Cahn is synonymous with domaining, I thought that this interview came at just the right time.
The interview covered concepts such as:
- Monetizing a domain name so that you just buy the domain name and let it sit to (usually) earn money from PPC advertising.
- Speculating in domain names by buying in anticipation of a rise in value.
- The fact that select domain names are only going to rise in value as time goes on.
- Holding a super cool domain name can be used to influence the whole online market for that vertical - e.g. whoever holds Vodka.com owns the online vodka market.
Before listening to this interview, I had thought that domaining was owning 1 or 2 word expired domain names and just making money from the type in traffic and existing inbound links. However, there are actually heaps of ways to make your living as a domainer, and it got me thinking that I am already in the domaining game since I own a load of domains that I set up with some content and they just sit there making a few $’s a week in PPC and affiliate sales.
If you want to hear more from Monte Cahn, then I would suggest checking out the Domain Masters Archive over at Webmaster Radio.
P.S. If you have ever considered buying The Definitive Guide To Google Adwords, then the Renaissance Club membership is the ideal way to get hold of it for just $29.