socialmedian: Domain Industry Rocked By Shill Auction Bidding Admission

Add News Flash

User-submitted headlines for this story

Clips

Domain Industry Rocked By Shill Auction Bidding Admission

Source: TechCrunch

Nov 04, 2009

Dislike

Summary

Anyone who doesn’t know how dirty the domain name business is just doesn’t know the domain name business. People pay exorbitant sums to acquire domain names, put Google or Yahoo ads on the parked pages, and collect the advertising fees. They often buy and sell individual domains and portfolios with other domain squatters. But the real feeding frenzy is around deleting domains – the domain names that people let expire and that go back into general inventory.

The process for expired domains to get back into the system is complicated, but every day 20,000 or more previously owned domain names become available. Domain squatters know the list in advance, and spend time looking at Alexa/Compete rankings and lots of other data sources to try to figure out which ones are valuable. If they can just eek out $10 or so per year on a domain via ads, it’s profitable. And at scale, large amounts of money is made.

There are a variety of companies that grab as many of the domains every day that they can and then auction them off to the highest bidder. I once ran a Canadian-base

...Read the full article

Comments (0)

Add Your Comment

Please enter your Email Id to get a new password

Forgot your password?

Email:

Add something

Snip

News

Site

Instantly Clip News From Any Website

Or, Enter News Directly Here

Headline:

URL:

(Optional)

Description:

(Optional)

Adding a News...

Add Snip

Adding a Snip...

Now you can import your favorite sites to your socialmedian page

Is this you?

Stats

Mood

0% Like

0% Dislike

2 Clips

Louisgray

Robdiana

Share this story

Network

Share with the News Network

Email ID's

(multiple Email ID's separated by commas)

Message

Also post this message as a public comment

Don't worry. We won't share the name or email address of the person that you sent the story to.

Message

119

bit.ly (short) url will be added to the message.

Link to discuss this story on socialmedian

Link to the original story

Twitter ID

Password

Save my twitter password

Tweet will be sent using (change)

Topics

Domain

domain

acquire

acquired

ads

advertising

Alexa

business

data

google

money

people

Process

product

yahoo

Show less

Add Topics

Comma Separated.

Belongs to News Networks

midmarket place (Users: 2)

Stories in 24 hours: 34

Google WAVE (Users: 1)

Stories in 24 hours: 48

All the tech you can eat (Users: 12)

Stories in 24 hours: 939

1RandomThought (Users: 5)

Stories in 24 hours: 1397

Bruni News Network (Users: 1)

Stories in 24 hours: 253

Mozilla Firefox (Users: 24)

Stories in 24 hours: 117

Web Tech (Users: 3)

Stories in 24 hours: 89

Tech Stocks (Users: 8)

Stories in 24 hours: 534

SmartEntrepreneur.Net (Smart Entrepreneur Network) (Users: 1)

Stories in 24 hours: 4

Web news (Users: 5)

Stories in 24 hours: 845

Small Business Tech (Users: 13)

Stories in 24 hours: 227

David Long's digital marketing newsroom (Users: 3)

Stories in 24 hours: 128

IBN News (Users: 11)

Stories in 24 hours: 7

Technology Breaking News (Users: 248)

Stories in 24 hours: 353

The Tech 200 News Network (Users: 109)

Stories in 24 hours: 675

Linux and web news network (Users: 8)

Stories in 24 hours: 78

Paez Technology Network (Users: 1)

Stories in 24 hours: 58

The Interactive Marketing (Users: 1)

Stories in 24 hours: 29

Free Online Advertising (Users: 2)

Stories in 24 hours: 6

ResumeBear News Network (Users: 7)

Stories in 24 hours: 1251

Ki-Work (Users: 5)

Stories in 24 hours: 304

OfficialWire.COM - Online Press Release (Users: 2)

Stories in 24 hours: 334

Kirstin's Globonder Network (Users: 1)

Stories in 24 hours: 230

Social Media and Network Marketing (Users: 5)

Stories in 24 hours: 496

Seniors Guide to Computers (Users: 1)

Stories in 24 hours: 179

All Things Google (Users: 87)

Stories in 24 hours: 210

Lifestyle Design :: Optimize your Life and Rock your Career (Users: 6)

Stories in 24 hours: 78

Google Web Toolkit - GWT (Users: 3)

Stories in 24 hours: 51

The Digital Advertising Network (Users: 6)

Stories in 24 hours: 69

SM Gal's News (Users: 1)

Stories in 24 hours: 794

Marketing Network (Users: 2)

Stories in 24 hours: 11

Internet Advertising (Users: 3)

Stories in 24 hours: 9

Magnetic Mentor News Network (Users: 3)

Stories in 24 hours: 55

Entrepreneurship and New Media News (Users: 2)

Stories in 24 hours: 252

The India Bloggers Network - IBN (Users: 10)

Stories in 24 hours: 280

Techie News (Users: 4)

Stories in 24 hours: 97

Internet-Marketing (Users: 11)

Stories in 24 hours: 1310

matt's tech news etc (Users: 2)

Stories in 24 hours: 74

Mergers and acquisitions (Users: 5)

Stories in 24 hours: 21

New Media (Users: 162)

Stories in 24 hours: 1194

Google (Users: 342)

Stories in 24 hours: 230

General Tech News Network (Users: 2)

Stories in 24 hours: 181

Web 2.0 (Users: 4884)

Stories in 24 hours: 1650

The New Web (Users: 7)

Stories in 24 hours: 72

My World Business News Network (Users: 2)

Stories in 24 hours: 76

The Share2Grow Network (Users: 11)

Stories in 24 hours: 88

Web 2.0 News (Users: 2)

Stories in 24 hours: 126

Twitter News Network (Users: 41)

Stories in 24 hours: 226

Internet Marketing Network (Users: 6)

Stories in 24 hours: 65

OfficialJobs™ - The professionals' choice!! (Users: 1)

Stories in 24 hours: 653

Maverick Mastery® (Users: 2)

Stories in 24 hours: 518

Web 2.0 News 2 (Users: 1)

Stories in 24 hours: 10

The Joanikin Network (Users: 1)

Stories in 24 hours: 1054

Tech News (Users: 3932)

Stories in 24 hours: 2185

Hot Breaking News (Users: 9)

Stories in 24 hours: 1004

My Entrepreneur Network (Users: 6)

Stories in 24 hours: 75

Baywolf News Network (Users: 1)

Stories in 24 hours: 63

Web 2.0 Summit (Users: 5)

Stories in 24 hours: 527

Web Network (Users: 1)

Stories in 24 hours: 84

Sellsius Tips Network (Users: 3)

Stories in 24 hours: 5

android (Users: 194)

Stories in 24 hours: 128

Advertising & Marketing (Users: 566)

Stories in 24 hours: 393

4G (Users: 14)

Stories in 24 hours: 699

Digital Privacy (Users: 11)

Stories in 24 hours: 100

Google taking over the world (Users: 6)

Stories in 24 hours: 52

Franks News (Users: 1)

Stories in 24 hours: 94

Google Knol News (Users: 3)

Stories in 24 hours: 7

MEast (Users: 1)

Stories in 24 hours: 617

The Social Media News Network (Users: 1)

Stories in 24 hours: 2306

Internet news (Users: 4)

Stories in 24 hours: 914

The Google Network (Users: 5)

Stories in 24 hours: 16

Scott Wheaton's News Network (Users: 5)

Stories in 24 hours: 556

The Buzzd Network (Users: 1)

Stories in 24 hours: 137

Mobile Advertising (Users: 34)

Stories in 24 hours: 108

Linkedin News Too (Users: 4)

Stories in 24 hours: 41

OpenSocial News Network (Users: 16)

Stories in 24 hours: 70

Panoramic Network News (Users: 1)

Stories in 24 hours: 471

Semantic Web and OpenCalais (Users: 6)

Stories in 24 hours: 21

Social App Studio (Users: 16)

Stories in 24 hours: 266

social media watch (Users: 2382)

Stories in 24 hours: 644

Twitter Business Uses (Users: 14)

Stories in 24 hours: 121

Internet (Google, Microsoft, Yahoo, Yandex) (Users: 13)

Stories in 24 hours: 181

augmented reality and our futures' (Users: 3)

Stories in 24 hours: 1596

New Media Network (Users: 18)

Stories in 24 hours: 308

technology2 (Users: 2)

Stories in 24 hours: 605

CleanTech (Users: 47)

Stories in 24 hours: 303

Automotive Network (Users: 1)

Stories in 24 hours: 77

Business Networking (Users: 34)

Stories in 24 hours: 125

mynews (Users: 1)

Stories in 24 hours: 32

LBS News - Get it WHERE it's Hot! (Users: 12)

Stories in 24 hours: 197

ECRM Internet Marketing (Users: 9)

Stories in 24 hours: 77

Argyles Economic News (Users: 3)

Stories in 24 hours: 139

Social Median news alerts (Users: 2)

Stories in 24 hours: 4

all news (Users: 5)

Stories in 24 hours: 1477

Feed Your Mind by MJ (Users: 4)

Stories in 24 hours: 418

IT Management (Users: 16)

Stories in 24 hours: 15

The iPhone News Network_359 (Users: 2)

Stories in 24 hours: 38

the Red Cross and Red Crecent News Network (Users: 1)

Stories in 24 hours: 1059

iPhone News Network (Users: 3)

Stories in 24 hours: 44

Information Technology (Users: 93)

Stories in 24 hours: 73

3BL Media CSR and Cause Marketing Network (Users: 2)

Stories in 24 hours: 331

Firehose (Users: 8)

Stories in 24 hours: 786

LinkedIn News Network (Users: 11)

Stories in 24 hours: 561

Show less