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The Domain Name Scam Explained

Domain Name

Protect your Domain Name?

If you are a Domain Name owner and make business on Internet you know that your Domain Name is one of your biggest assets.

You wouldn’t give away any traffic resulted in misspelling of your domain name or traffic generated by similar domain names.
There are actually people on Internet who specialize in stealing traffic from other companies. They do this by using domain names similar to successful companies. However this is less feasible these days because domain name doesn’t carry too much weight in SEO.
If someone would try to register your domain name, what would be your reaction? Your first reaction, of course, would be to protect your domain name. You want to buy that domain so nobody else could use it and steal your traffic. This is a natural reaction; you are trying to protect your asset.
This weakness is exploited by a large number of companies, (mostly Chinese), specialized in this type of scam.
There is nothing wrong to secure that domain name, if you think it makes sense for your business, many companies do this, just don’t buy the domain name from the spammers. Buy that domain from a reputable registrar instead.

How does the Domain Name Scam work?

The spammer collects information from the Domain Name registration which is, in most of the cases, public. This information contains the owner name, the email address, and of course the Domain Name. This information is enough to devise an email which will be sent to the CEO. The email informs the owner that another company is trying to register the domain name in cause but for another TLD or ccTLD.
As the owner of the domain you “get the benefit of being announced of this purchase” and are being offered to buy it yourself.

For instance you own domain.com and someone is trying to register domain.tw and domain.cn, etc… Other country-specific flavors (.asia, .biz, .cc, .cn, .com. cn., .hk, etc.) can be mentioned. You are informed about this and offered to buy the domain or the domains.

Scenarios when Contacted by a Domain Name Scammer

At this point there are a few possible scenarios:

First scenario: You don’t really need the domain names but you fall for the scam and say “yes, please register all of these domains for me”.
This is the worst case. These types of companies are ghost companies that charge you three to ten times the regular price of the domain. Sometimes, if you don’t pay attention to all the registration details the scammers will register themselves as registrant and administrative contacts and they will keep themselves in the loop trying to reap you off more down the road.
Second scenario: You look at the domain names list they sent you, you pick the ones you are interested to protect and register them at a serious registrar for a fair price. See this post about Protecting the Trademark by Registering Domain Names. You might have a Web Marketing strategy that involves buying those domain names. In this case the scammers made you a favor reminding you to buy some domains that you missed.
Third scenario: You simply ignore the email; you don’t care if someone registers the domain domain.cn, these days a domain name doesn’t count that much for the traffic as it used to. The content is king and traffic leaking is almost impossible only using a domain name. Protecting your Trademark is your lawyer’s job and there is no need to buy everything on the market to protect your Trademark. See this article about the defensive domain buying: Protecting your Trademark by buying as many as possible domain names.

The decision is not always simple and it depends on your business needs. You could go with either the second or the third scenario.
You can Buy International Domain Names at fair prices at: Go Daddy Bulk Domain Registration

Regardless of your business needs you will probably want to avoid buying these domains from the scammers.

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How to Start an Internet Business

Introduction – Seven General things needed to Start an Internet Business

The Internet has opened a whole New World of opportunity for even the smallest home-based business owner. There are countless numbers of new self-made millionaires who achieved their newfound success on the Internet. These new millionaires are regular people like you and me.

They started their Internet businesses from scratch; they found a niche and built their success one day at a time. Many of asked themselves: “Can I really make money on the Internet?” The answer is simple: “Yes You Can!”

No matter whether your objective is to secure a good income and work less, or work hard and make a lot of money, you can do it. There is a

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You just have to take the necessary steps to make it happen. Don’t take shortcuts; most of the times it will hold you back. You must have a genuine desire to succeed and the correct attitude for success.

Sometimes it takes many tests and trials to get the successful business combination. Don’t consider these as failures, consider them as training sessions. Look at the whole process as you were an athlete, in order to obtain performance you need to train.

Cooking up your successful Internet Business takes a few important ingredients. Here are the most important ones:

Genuine Enthusiasm and great ideas

If you want to be successful, you need to be passionate about your business and to be an expert in the subject matter. Your passion and knowledge about the business you start will drive you to success.

A great idea of business will insure your success. A good new Internet business idea is hard to produce, mostly because someone else has already done that. But you don’t have to start something new. You need to take what you are good at and translate that on Internet. You can do something that someone else did and improve it. Or you can simply copy a successful Internet Business because you know it works. That could be writing blog content, writing eBooks, selling your products on Internet, selling services on Internet, starting an Internet store, selling photos, etc…

Writing skills

Regardless of the domain of activity, the writing material is essential for your business. Your product, web site and marketing strategies all depend upon your words. If you don’t have writing abilities you must hire someone to do the job for you.

Business Plan and an Excellent Marketing Strategy

Making your Business Plan and Based upon this creating a marketing strategy is essential for your business. In order to succeed, you must develop and implement a strategic plan.

Credibility

As an Internet entrepreneur, it is your job to guarantee that your visitors feel very comfortable with you and your web site. In order to gain your visitor’s trust and confidence, you must build your credibility. If you as a content author, subject matter expert, or goods seller don’t inspire credibility your visitors will not buy from you.

Have a Positive Attitude

Your attitude is the most important
Do not discourage keep trying, you will succeed.

Do not let temporary failure discourage you.

The secret to creating any successful business is a combination of determination, perseverance, self-confidence, and hard work.

Many people will fail just at the moment they are about to succeed; because they don’t believe enough in their success and give up.

Invest in Your Business

No matter what type of business you’re developing, you MUST be willing to invest in your business, including your time, and money.

However, to reduce risks, at the beginning you need to minimize investments and expenses as much as possible. I will show you a lot of ways to do that over the course of this guide.

You must also be willing to work hard, including educating yourself, researching, and learning how to market on the Internet.

Your passion is the fuel of Your Internet Business Project

If you are sincerely passionate about your success, you will succeed.

Internet Business – How to choose your First Web Hosting Company

The Internet Business is a business model that can be started with a minimum of investment. Your work, talent and favourable circumstances can be enough to help you start an Internet business.

If you already have an idea and you planned everything about your product and site’s content you need to start your business. At first you need to minimize the costs and investments in order to diminish risks. If the business will not take off as expected the loss will be minimal and you can try another idea. Read this article about successful business ideas.

The minimum for an Internet business is a domain name, (this is not 100% required but strongly recommended) and a Web Server. A web server can be your own equipment or hosted server. Hosting companies will sell various types of hosting services ranging from a dedicated server with one or more dedicated IP addresses to shared hardware.

A good web hosting package will contain support for application development platforms such as PHP, ASP, ColdFusion, etc… access to a database server and a Control Panel that offers to customers an easy way to manage their website.

As a starter the minimal package will be perfect for you, you can always switch to a dedicated server if shared services can’t accommodate your growing traffic.
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When you choose your first web hosting look these features even if you don’t think you are going to need them; as your business grows you will certainly need it.

  • Disk space – this should not be a problem, as most of the companies will give you plenty of space or even unlimited space.
  • Technical support – you need good technical support that you can rely on if something happens. 24/7 support is desired so you don’t have to wait the next day to fix your website.
  • Email support, auto-responders, mail forwarding will be great marketing tools.
  • FTP is a definite requirement, SSH connection could be needed, Control Panel is an excellent tool for administration you should choose a package that provides it.
  • Multiple domains and sub-domains will help you pay for a minimal single package while testing various domain names.
  • Up-time is a measure of reliability of a web site. 99.5% or more is a good up-time.
  • Web-site speed – can be determined by a series of factors of which the important ones when picking your hosting company are: the Internet Connection Speed of your host, the number of customers that share a server, the resources taken by the other customers that share the server with your web-site, the capability to partition hardware so that CPU and IO are equally shared between customers, (some companies use a CPU throttling mechanism).
  • Support to database, PHP, ASP or ColdFusion and Perl.
  • Price is very important, at least at this stage, but don’t go for the cheapes just because of the price. All the previous aspects are more important.
  • Try to go local, the language barrier, the time-zone sometimes make a difference. Also it will be faster for your clients to access a local provider than a server located on another continent.

It is important that you focus more on the content of the website and running the business and not on developing the website and learning PHP or ASP. That’s why you have to look for a Control Panel that contains the ability to install a CMS, (Content Management System), such as Drupal or Joomla or even WordPress.

Following is a list with some of the most popular Web Hosting providers:

HOSTMONSTER – The best Web Hosting
Host Gator
Blue Host – Best Web Hosting Plan! 300 GB Space, 3,000 GB Bandwidth – only $6.95/mo!
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Just Host hosting for $4.95/mo, Unlimited disk space and bandwidth plus FREE domain
Save 20% on Web.com web creation/web hosting products using code TWC287
Business VPS – Virtual Server Hosting from Myhosting.com
iPower Dedicated Servers
1&1 Internet Ltd – UK
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Get everything you need for a great web site with Yahoo! Web Hosting – 25% off
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