I like the idea of using expiring domain names to generate business ideas (especially domain names that are fetching a good price).
But what if, instead of buying the domain name, you... didn't buy it? What if, instead of dropping $5K on an exact match, you spent $10 on a B+ domain name, where you can set up a landing page to see if there's interest in the business idea you've generated?
That way, if you are getting signups, or even actual customers, then you try to get a better domain name; but if not, you're not out $5K.
Or am I missing something? I guess you can still sell the domain if you don't end up doing something with it, but what if it declines in value?
But what if, instead of buying the domain name, you... didn't buy it? What if, instead of dropping $5K on an exact match, you spent $10 on a B+ domain name, where you can set up a landing page to see if there's interest in the business idea you've generated?
That way, if you are getting signups, or even actual customers, then you try to get a better domain name; but if not, you're not out $5K.
Or am I missing something? I guess you can still sell the domain if you don't end up doing something with it, but what if it declines in value?
edit: punctuation