{"id":8,"date":"2008-10-17T21:08:41","date_gmt":"2008-10-18T04:08:41","guid":{"rendered":"http:\/\/www.domainnoob.com\/blog\/?p=8"},"modified":"2009-04-25T12:37:42","modified_gmt":"2009-04-25T19:37:42","slug":"the-drop","status":"publish","type":"post","link":"https:\/\/www.domainnoob.com\/blog\/2008\/10\/the-drop\/","title":{"rendered":"The Drop"},"content":{"rendered":"<p>&#8220;Obsessive-compulsive disorder (OCD) is a chronic anxiety disorder most commonly characterized by obsessive, distressing, intrusive thoughts and related compulsions (tasks or &#8220;rituals&#8221;) which attempt to neutralize the obsessions.&#8221; (Wikipedia)<\/p>\n<p>If you&#8217;re an OCD domainer (OCDomainer.com available as of 10\/17\/08) the &#8216;Drop&#8217; is very likely to become a ritual you feel compelled to perform daily. Ask me how I know. The Drop has all the ingredients necessary to inspire a full-blown obsession. It&#8217;s seductive. There&#8217;s the mystery\u2013information is a little hard to come by. It&#8217;s full of possibility\u2013&#8221;With my special knowledge around the topic of (DNA Gene Sequencing, Farley Torque Sprockets, Gaspers) I might discover the Dropping Gem that will catapult me into the sphere of Elite Domainers! (You picture yourself shaking Frank&#8217;s hand). Maybe you stumble upon a story of catching an expired name, <a href=\"http:\/\/www.mikeindustries.com\/blog\/archive\/2005\/03\/how-to-snatch-an-expiring-domain\">like this one<\/a>, (It&#8217;s a little dated, add NameJet.com to the list of back-ordering services, but still the best overview I&#8217;ve come across). Or maybe you stumble upon a site like <a href=\"http:\/\/dropdude.com\/\">DropDude.com<\/a> or <a href=\"http:\/\/GoDrops.com\">GoDrops.com<\/a> &#8211; a lot of action going on here with The Drop. It could be a forum post, where you read  someone nonchalantly boasting about catching &#8216;spareparts.com&#8217; in The Drop for Reg. fee.  &#8220;Maybe I should look into this!&#8221;.<\/p>\n<p>So you start  collecting details and one day you hit a goldmine of drop information like these posts from <a href=\"http:\/\/www.dotweekly.com\/\">DotWeekly.com<\/a>:<br \/>\n<a href=\"http:\/\/www.dotweekly.com\/2008\/03\/03\/domain-name-drop-times-and-partner-domains\/\">Domain Name Drop Times and Partner Domains<\/a>, and <a href=\"http:\/\/www.dotweekly.com\/2008\/02\/26\/tips-for-using-redropscom\/\">Tips for using Redrops.com<\/a>. Inspiration! Maybe this &#8216;insider seeming&#8217; info will help open the gates to Domain Riches!<\/p>\n<p>However you come to it, sooner or later you end up with a very long <a href=\"https:\/\/www.snapnames.com\/download.jsp\">list<\/a> of deleting domains on your screen. A VERY long list.<\/p>\n<p>And one morning around 11am PDT you start loading your names into <a href=\"http:\/\/www.godaddy.com\/gdshop\/registrar\/bulk\/bulk.asp?\">GoDaddy&#8217;s bulk checker<\/a> 500 at a time. Harvesting the Availables you scan them for desirability. Whew! What a load of junk! Who would have registered this crap in the first place? No wonder they&#8217;re dropping. Wait, what&#8217;s that? NewportBeachPizzas.com? Hmm&#8230; would this be a good candidate for my &#8216;Geo Portfolio&#8217;? Let&#8217;s Reg it! Oops, gone already.<\/p>\n<p>A couple of days (weeks, months) of this and you&#8217;re thinking, &#8220;There&#8217;s got to be a better way. Maybe I should look for the names I want first and only try to catch those!&#8221; So begins the search for a method to massage that list into something useful, hopefully valuable.<\/p>\n<p>You get lucky and the first site you find is one of the best, <a href=\"http:\/\/www.lazymate.com\/\">LazyMate.com<\/a>. Or you mess around with  spreadsheets and bang your head against Excel&#8217;s raw ugliness. Maybe you have a favorite text editor that lets you search using Grep. Finally, poking around in tomorrow&#8217;s  list you discover a couple of domains anybody would want. And a few dozen more that you&#8217;d have to think twice about.<\/p>\n<p>Round 2. 11am PDT. GoDaddy bulk checker at the ready. And they&#8217;re off! Over the next hour you plug your list into the checker over and over waiting\/hoping one of the names you covet will become available long enough for you to register it. But, unless you&#8217;re looking for some pretty obscure stuff, you don&#8217;t. Somebody else gets them. &#8220;Who&#8217;s getting these great names? It&#8217;s like Free Money falling from the sky.&#8221; Who indeed!<\/p>\n<p><a href=\"http:\/\/www.dnjournal.com\/columns\/cover080504.htm\">Inside a Drop Catcher&#8217;s War Room<\/a> Command Post! War Room! Quite a bit of competition for these dropping names (and that was written in 2004). I guess I&#8217;m a little behind the curve. The Big Boys have Armies of Servers at their disposal. So what are they leaving on the table?<\/p>\n<p>This takes you to the next tier of The Drop\u2013 Back-Ordering companies, who for a fee, will use their army of servers to try and grab the domain you want as it drops. They&#8217;re in competition against each other, so if you want that name you&#8217;ll register it at all of them, or at least the big three: <a href=\"https:\/\/www.snapnames.com\/index.jsp\">SnapNames<\/a>, <a href=\"http:\/\/www.namejet.com\/\">NameJet<\/a>, and <a href=\"https:\/\/www.pool.com\/index.aspx\">Pool<\/a>. If you&#8217;re the only bidder and your back order gets won, congratulations, you become the new owner of the domain. But if more than one person had the domain on back-order then the domain enters into auction and you may well find yourself bidding against some very deep pockets. I got lucky a few times\u2013grabbed a domain that wasn&#8217;t on anyone else&#8217;s radar for $60. Spent more money than I wanted to a couple of times\u2013 $400 I couldn&#8217;t afford for a development domain I still have parked a year later. And got blown out of the bidding immediately a few times where a domain I thought might be under the radar had been spotted by a dozen deep-pocket domainers who bid it way out of my league.<\/p>\n<p>But with so many domains dropping daily there MUST be great names falling between the cracks, so what else are the &#8216;little guys&#8217; doing with The Drop?<\/p>\n<p>Aha! There are <a href=\"http:\/\/www.dynadot.com\/resource\/forums\/f6-engineering-corner\/another-dynadot-api-implementation-php-search-and-register-domain-names-1305.html\">scripts<\/a> and an <a href=\"http:\/\/www.dynadot.com\/help\/question.html?aid=155\">API<\/a>! And <a href=\"http:\/\/www.domainresearchtool.com\/go.php?a=475\">DomainResearchTool<\/a> (alas, PC only)\u2013 Scan large lists looking for expired domains with traffic!  You can run your own version of the War Room! No more manual GoDaddy submissions. DropDude offers the <a href=\"http:\/\/dropdude.com\/2008\/10\/20\/the-dynadot-drop-catcher-is-back\/\/\">Dynadot Drop Catcher<\/a>. (Also check out Jason&#8217;s article on his business model, <a href=\"http:\/\/dropdude.com\/articles\/the-flip\/\">The Flip<\/a>). See how it&#8217;s done live with other domainers at GoDrop&#8217;s <a href=\"http:\/\/godrops.com\/live\/\">Live Chat and Drop<\/a>. I also signed up for the daily list of best-of-available-drops emailed 3 times a week from <a href=\"http:\/\/www.dailydomaindrop.com\/\">DailyDomainDrop.com<\/a>.<\/p>\n<p>So what are these guys catching? Good stuff? Well&#8230; I guess it depends on how you measure the results, right? If you measure it by ROI, then Jason at DropDude, using his self-hosted script method, scoring mostly Premium LLLL.nets, is probably doing pretty good. He seems to be making about 200% on an $8 name, i.e. flipping it for $20-30 without too much trouble. The other guys I mention seem to be more about building inventory than flipping. Domain inventory might turn out to have some value. Or it might not.<\/p>\n<p>Here&#8217;s a short list of the kind of domains people are catching off The Drop themselves with their various methods.<\/p>\n<p>DropDude<br \/>\n&#8220;The 4 I grabbed were, elnt.net, lghg.net, rgfc.net and thcb.net.&#8221;<br \/>\n&#8220;I got lucky today, picked up 8 quad premium llll.net domain names.  I am already looking to unload them at my standard $9 price tag.  These small sales are what helps me fund other projects like the one I started yesterday.&#8221;<br \/>\n&#8220;I grabbed dumpsterdivers.net yesterday and have already started it on it&#8217;s way to a money making mini-site.&#8221;<\/p>\n<p>GoDrops (See also: <a href=\"http:\/\/godrops.com\/grabs\/\">GoDrops Grabs<\/a>)<br \/>\nbabyheadstart.com, fasthandyman.com, excellentringtones.com, 17452.com, d-w-a.net, publicsurf.com<br \/>\n17164.com, 30997.com, tintwindow.com, 5051.net, geobabes.com, beerscore.com, f-d-a.net, humboo.com<\/p>\n<p>DailyDomainDrops (List published as available drops).<br \/>\nDialogueBlog.com, GeoPatrol.com, HiTechAnalyst.com, LiveSeeker.com, MemberCam.com<br \/>\nSatelliteEye.com, ScottsdaleEstatePlanning.com, SoCalNights.com, IsraelAccommodations.com<br \/>\nBritainAccommodations.com, GreatBritainAccommodations.com, GreenerClothes.com<br \/>\nGreenRecreation.com, YourAnchorage.com, YourProvidence.com, YourSaltLakeCity.com<\/p>\n<p>And on and on.<br \/>\nNow, I didn&#8217;t call my blog DomainNoob for nothing. Frankly I&#8217;m not making ANY money domaining (apart from a tiny bit of Parked PPC) so what do I know? But personally, I&#8217;m sort of baffled by a lot of the attention paid to these long-tail double keyword domains, and also the whole LLLL phenomenon. I don&#8217;t really get this part of the market. I look at the auction lists and understand why those names are going for big bucks. I subscribe to <a href=\"http:\/\/www.ricklatona.com\/\">Rick Latona<\/a>&#8216;s Daily Domains Newsletter, and the prices for those domains make sense. It&#8217;s just this short end of the marketplace that I&#8217;m not making any sense of.<br \/>\nAnd if these are the kinds of domains I&#8217;m going to find left over between the cracks after combing through deleting domain lists until my eyes bleed I have to ask myself\u2013<strong>Is it really worth the trouble<\/strong>?<br \/>\nWhat do you think?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Obsessive-compulsive disorder (OCD) is a chronic anxiety disorder most commonly characterized by obsessive, distressing, intrusive thoughts and related compulsions (tasks or &#8220;rituals&#8221;) which attempt to neutralize the obsessions.&#8221; (Wikipedia) If you&#8217;re an OCD domainer (OCDomainer.com available as of 10\/17\/08) the &#8216;Drop&#8217; is very likely to become a ritual you feel compelled to perform daily. Ask &hellip; <a href=\"https:\/\/www.domainnoob.com\/blog\/2008\/10\/the-drop\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Drop&#8221;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[9,8,10,7,6],"class_list":["post-8","post","type-post","status-publish","format-standard","hentry","category-domaining","tag-back-ordering","tag-deleted-domains","tag-drop-catching","tag-expired-domains","tag-the-drop"],"_links":{"self":[{"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/posts\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/comments?post=8"}],"version-history":[{"count":18,"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/posts\/8\/revisions"}],"predecessor-version":[{"id":18,"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/posts\/8\/revisions\/18"}],"wp:attachment":[{"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/media?parent=8"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/categories?post=8"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.domainnoob.com\/blog\/wp-json\/wp\/v2\/tags?post=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}