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www.cooldotcoms.com! FAQ = Frequently Asked Questions


What makes a good domain?

What types of domains do you have?

Why not just get one of those /members or /users web sites?

I see a domain I like, what do I do?

How much should I offer for XYZ domain?

How much do you really want for XYZ domain?

Do you know that it only costs $XX to register a domain?

Why did you buy all these domains?

Are you developing these domains?

We've agreed on a price! How will the transaction be handled?

Would you consider selling all domains for one lump sum?

Will you be around after the sale?


Don't see your question answered here?
Contact us with yours!


Q: What makes a good domain?

A: It should definitely be a dot com domain with a .com extension! If you have surfed the web, read a newspaper, magazine, or recent business book title, watched television, listened to the radio, seen a billboard, or even been to a movie in the last couple of years, you'll know why dot com is the way to go.

If you look through a recent issue of Wired, Red Herring, Business Week, Entrepreneur, The Wall Street Journal, Investor's Business Daily, Financial Times, and dozens of other similar publications, you will quickly see that dot com is the domain extension for business!

In 2000 and 2001, all the Super Bowl ads for Internet companies were exclusively about dot com companies. The vast majority of those skyrocketing Internet IPO's were dot com companies. Uh, yes, in late 2000, many IPO's later "fell back to earth" (for reasons other than their dot com extension), but rise or fall, sink or swim, everybody knows what you're talking about when you say dot com.

Television dramas and sitcoms often make remarks about "dot com this" or "dot com that" during the course of a show. Even standup comedians make jokes that make reference to the ubiquitousness of dot coms! Watch or read just about anything, and it's clear dot com has become an integral part of society at large.

All this advertising and all this exposure in all these media has made .com the coveted, mainstream, domain extension of choice! When you are the proud owner of a dot com domain, you automatically become part of this mainstream.

Of course, the rest is up to you. People will obviously expect more than a blank page when they surf to your new dot com, but why fight an uphill battle? Start with a dot com, and make the rest of your efforts pay off!

So, to sum up, here's a brief list of what makes a good domain:

1. Get a dot com domain with a .com extension.
2. Memorable. If you hear it or see it once, you'll remember it.
3. Easy to spell.
4. Short. Twenty characters or less.
5. Simple. Nothing obscure, especially to your target audience

Every domain at CoolDotComs.com™ meets the above criteria!

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Q: What types of domains do you have?

We have exclusively Dot Com (.com) domains. Our dot com domains represent many consumer and business categories that are poised for huge online growth and profit potential.

Some of the categories covered by our domains are:
Medical, Pharmaceutical, Drugs, Generics, B2B, Golf, Food, High School, University, and College campus markets, Game shows, Fashion, Beer, Financial, Luxury, MP3, Advertising, Organic foods and products, Managerial, Real Estate, Engineering, Scientific, and Technical communities, Tweens, World News and Events, Comedy, Entertainment, Ezines, Allergies, Travel, Fitness, Health, and Adventure.

Remember, these are only some of the categories encompassed by our domains, as many can be utilized in a broader context. As you can see from our
Home page, we have posted a few ideas, but don't let those limit you!

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Q: Why not just get one of those /members/ or /users/ web sites?

A: Yes, that route would be cheaper now, but you would be paying for it forever, in so many little and BIG ways! For the reasons cited under What makes a good domain?, it is far better in the short term, and the long run, to have a web address that meets the What makes a good domain? criteria above.

All these companies, in all these different fields and industries, have used a criteria similar to the five points listed under
What makes a good domain? to pick a domain name for themselves, and for good reason. A short, simple, catchy dot com domain name looks good in print ( business cards, letter head, newspapers, magazines, T-shirts, billboards, vehicles ), looks right at home on a web page or in an e-mail, attracts the eye on a television screen, and sounds resoundingly pleasant to the ear when spoken. In short, it makes complete marketing sense!

As an example, which URL below looks/sounds easier to remember, simpler, and ultimately, more marketable?

www.cooldotcoms.com

www.owendigital.com/cooldotcoms.htm

For the top URL, you really only need to remember one thing: cooldotcoms. For the second URL, you have to recall two things: owendigital and cooldotcoms. The top URL is also just somehow more pleasing to the eye, more symmetrical - yes, it matters! They both would work, but the top one is far more brandable, and therefore much more desirable.

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Q: I see a domain I like, what do I do?

A: First, decide what you think the domain is worth, while keeping in mind that we might think it is worth more. To do this, take into consideration the domain's fair market value, our time and efforts, and what you believe we think it is worth.

Fair market value for our Internet domains is based on supply and demand, future revenue potential, the fact that it is a dot com domain, the points listed under
What makes a good domain? above, and other factors, including those mentioned under How much should I offer for XYZ domain?, How much do you really want for XYZ domain?, and Do you know that it only costs $XX dollars to register a domain? below.

Next
,
contact us with your initial offer. Before you make an offer, please be sure to read this entire FAQ, especially How much should I offer for XYZ domain?, How much do you really want for XYZ domain?, and Do you know that it only costs $XX dollars to register a domain? below.

It is our practice to handle all serious offers and inquiries in a prompt, courteous, and professional manner. After we have agreed on a price, we can proceed to
OK! We've agreed on a price! How will the transaction be handled? below.

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Q: How much should I offer for XYZ domain?

A:
We understand that you want the best deal. So do we. We want you to understand that we expect to receive a return on our investment of time, money, and resources in a given domain and/or web site. Some of the domains you are interested in may already be working web sites, which, in general, will be worth more. It depends on the domain, the stage of development that the web site is in, current market conditions, and other factors.

As with all things in life, the best deal will probably be a compromise. A compromise between what we want to receive and what you want to pay, while keeping in mind that we are already using the domain. And, in general (but not necessarily), a developed web site will have a higher price tag than an undeveloped domain name, but that depends on the domain and/or the web site, current market conditions, and other factors.

Please keep in mind, though, that ultimately, it is not so much what you are willing to pay, but what we are willing to accept.

Here are a few things we would like you to keep in mind when making an offer: 1. We are not selling domains and/or developed web sites at or near their registration cost, 2. We stay abreast of the domain industry and related news, and are aware of what other domains have sold for, 3. "Low-ball" offers are not well received, so please see
How much do you really want for XYZ domain? and Do you know that it only costs $XX dollars to register a domain? below prior to making an offer, 4. Buying a domain and/or web site should be viewed as an investment that will appreciate, not as an expense that will depreciate after purchase, 5. We will know the right offer when we see it, and 6. Since all of our domains are currently "under construction" or already posted as working web sites, we will simply continue working on any given domain/web site rather than take a loss by accepting what we consider to be a low offer.

See also:
How much do you really want for XYZ domain? and Do you know that it only costs $XX dollars to register a domain? as well as the rest of this FAQ.

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Q: How much do you really want for XYZ domain?

A:
The domain ForSaleByOwner.com recently sold for $835,000. Before this domain sold for its final price, there were probably many offers of $100, $200, etc. This does not mean that we necessarily expect this much for one of our domains, but...read on!

If the original owner of ForSaleByOwner.com had been asked what he thought his domain was worth, he might have replied "$5,000", and ultimately, he would have been way off the mark.

We are not going to unnecessarily limit ourselves by naming a price for one of our domains, so please don't ask. It does not necessarily mean we expect $800,000+ for a particular domain, but it also means that $80 is not enough, either. An offer of less than $300 is well below market value, and would not even pay for our time and costs in coming up with a given domain, registering said domain, hosting and posting it with ideas and suggestions, giving it exposure, responding to all of the customer e-mails regarding said domain, and eventually processing your payment and effecting the transfer of said domain.

Rather than take a loss by accepting such a low offer (or one close to it), we will simply continue developing a given domain into a web site. It's up to you to make us a serious offer that we will accept. Let's just say that we will know the right offer when we see it!


See also: How much should I offer for XYZ domain?, and Do you know that it only costs $XX dollars to register a domain?

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Q: Do you know that it only costs $XX dollars to register a domain?

A:
We are fully aware of how much it costs to register a domain name and we assume you are aware of this as well. Those initial costs, however, do not include hosting, development, answering e-mails, overhead, or our time in general.

We are not a domain registrar, and our value-added domains are worth a lot more than their initial registration costs. We are not going to buy a domain, add value to it by posting ideas for its use, give it exposure at CoolDotComs.com™, and in many cases, develop it into a web site, and then turn around and sell said domain at, or close, to its original cost. That would be silly. We are, after all, a business, not a volunteer organization, and time is money.

See also:
How much should I offer for XYZ domain?, and How much do you really want for XYZ domain? as well as the rest of this FAQ.

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Q: Why did you buy all these domains?

A:
We purchased these domains as an investment in our business, and in anticipation of our future needs.

As engineers, writers, software and web site developers, we had some business ideas, and whether we were ready to fully develop them or not, we realized that if we didn't act fast in anticipation of our future needs, the domains we wanted might be gone! As it turned out, many hundreds of the domains we thought of were already taken, but we kept trying. Fortunately, we found a few gems!

Now it is only a matter of finding the time and resources to
develop them. Oh well, as they say, all we have in life is time!

In the meantime, we of course want to create interest in our domains. Whenever we receive an offer for a given domain or web site, we take that offer into consideration in deciding what to do with the domain or web site.

See also Are you developing these domains? below.

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Q: Are you developing these domains?

A:
Yes! As time and resources permit!

As examples, be sure visit these web sites:
www.safetymargin.com, www.highermargins.com, and new! www.fitandhealthy.com.

Of course, domains with developed web sites are still for sale, pending the right offer. As you are probably aware, virtually anything is for sale, and everything has its price. If you were walking down the street, and someone offered you $1000.00 for your shoes, our guess is that you would accept the offer and walk home in your socks, or perhaps hail a cab!


More developed web sites are on the way, so be sure to bookmark us!

See also Why did you buy all these domains? above.

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Q: OK! We've agreed on a price! How will the transaction be handled?

A:
It is our intention to handle all transactions for domains and web sites in a prompt, courteous, and professional manner. We can handle the transaction directly, or we can utilize the services of a professional third-party escrow agent. Either way, we will make every effort to ensure that the transfer of the domain to you goes smoothly. Contact us when you are ready, and we will work out the details!

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Q: Would you consider selling all of your domains for one lump sum?

A:
Yes, we would consider selling the entire CoolDotComs.com™ web site, including the CoolDotComs.com™ domain, if we were to receive the right offer. This would include any domains available at the time, whether developed or undeveloped. Just contact us.

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Q: Will you be around after the sale?

A:
Yes! We want you get the most out of your new Dot Com(s)! We'll answer questions where and when we can, or we will try to point you to someone who can. We are even willing to post a link - free advertising! - to your new web site as long as your site continues to meet certain criteria - i.e., no porn, nothing illegal, and other factors to be determined at our sole discretion.

CoolDotComs.com™ was launched in 2000, and is brought to you by
Owen Digital Corporation, which has been in business since 1996!

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