"I like the idea of using expiring domain names to generate business ideas (especially domain names that are fetching a good price)."
Personally, I think buying domains that seem good, and then brainstorming ideas for them is risky. You're more likely to end up with a questionable foundation ("Maybe it could be a site about dogs with funny socks?") or something outside your area of interest/expertise. IME, it's better to set your idea and then find the domain.
By all means, speculate on domains and collect a few strong ones (I do), but I'd be wary of picking ideas based on the domains you can grab.
You used to be able to make easy money from SEO-oriented sites based on keyphrases, but that's dried up a lot and content/concept is king again.
> Personally, I think buying domains that seem good, and then brainstorming ideas for them is risky.
Your ideas have to come from somewhere, but I think it's risky too. That's why I suggested buying a cheaper domain to vet the idea before buying an expensive one (if at all).
Personally, I think buying domains that seem good, and then brainstorming ideas for them is risky. You're more likely to end up with a questionable foundation ("Maybe it could be a site about dogs with funny socks?") or something outside your area of interest/expertise. IME, it's better to set your idea and then find the domain.
By all means, speculate on domains and collect a few strong ones (I do), but I'd be wary of picking ideas based on the domains you can grab.
You used to be able to make easy money from SEO-oriented sites based on keyphrases, but that's dried up a lot and content/concept is king again.