Showing posts with label domain. Show all posts
Showing posts with label domain. Show all posts

Wednesday, June 27, 2018

My Most Visited Domain on Undeveloped - Photon.gdn


I was recently offline for a couple of weeks, and when I returned I noticed that I had a new "most visited" domain name on my Undeveloped portfolio (my overall portfolio contains about 200 domain names).  One nice feature of Undeveloped is that it tracks how many visits each domain name gets. If you have the DNS pointed to Undeveloped, then a user typing in the exact full domain name will be counted as a visit, as will someone searching within Undeveloped and clicking on that domain name from the list of domains presented.  Undeveloped do not count visits to your own domains while you are editing your portfolio. You can have a display of visits displayed for potential purchasers if you wish.

Anyway, back to the story.  For the first time since I have been using Undeveloped, a .gdn (global domain name) had rocketed to first place in the most visited category, and by a dominant lead.  The name? photon.gdn  Now I am not sure exactly when I set my DNS to point to Undeveloped for this domain, but as the graph here shows that the uptick in visits over the past month is impressive. Keep in mind that this is not a list of searches on the word photon (which would be in the tens of millions per month), but actually typing in exactly photon.gdn.

Given that the global domain name extension is not that well known, this is especially surprising.  This is the first time that a .gdn has been in the top 5 most visited list on my Undeveloped portfolio. As a sidelight, another .gdn domain name also appeared on my most visited list, BCTech.gdn, but I had dome some promotion of this name in conjunction with recent British Columbia technology announcements and events, so that is perhaps not so surprising.  Up to now, I had done zero promotion of photon.gdn, so it rose to first place all by itself.

When I purchased the domain name photon.gdn some months ago, as a physicist I did recognize that it is a pretty special word. Much of my research career was based on making sense of astronomical objects from the photons they emitted or reflected. The photon is the quanta of light, that is the smallest energy packets that light comes in.  I am using the word light loosely here, and actually the word photon applies to any kind of electromagnetic radiation, from microwave to infrared to visible to X-ray to gamma ray. A photon of ultraviolet radiation has more energy than a photon of visible light, and that is why exposure to ultraviolet radiation carries more biological risk.

Photon is therefore one of the most important words in science.  But it also is of huge importance in industry, especially in communications. The industry of photonics essentially deals with doing with light what used to be accomplished using electronics (photons replacing electrons).  A single fibre-optic cable can simultaneously carry a huge number of voice transmissions (or other types of data).  The National Centre for Photonics and Optics Education have a nice introduction to photonics here. From communications to medicine, signal processing to imaging, photonics is changing our world.

Even among new extension domain investors, I admit there is not a lot of familiarity or enthusiasm for gdn, and I think that is unfortunate.  I am somewhat contrarian in my view of the extension, and do see significant value and potential.  The idea of gdn was a global domain name - i.e. rather than using a .uk or a .de or a .ca,  a company that operated in multiple countries, but did not want to use multiple country code extensions or a new or legacy other top level domain, might choose gdn. I say company, but the idea for gdn has always been inclusive of any business, individual, site, or organization

I like the premise for the extension .gdn.  Even though there are a significant number of registered domains in the extension (about 100,000 according the NameStat data), I find that occasionally great single generic words can still be found to register (in most cases these have been held previously but allowed to drop by a domain investor).  As with many of the new extensions, discount pricing has hurt the extension, and resulted in the usual dip after the one year period following cheap registrations ended. Pricing seems to have stabilized in the last year (the extension has been generally available for a bit under three years).  If you look at NameStat data there is one Alexa top 1M website using the extension for every 1400 registrations, which is actually pretty positive. As comparators, the .app extension is about one for every 4000 registrations, and the leading new extension .top has one Alexa top 1M for every 2600 currently (you can find this information for yourself for any global extension using Namestat).


The extension has, not surprisingly, most registrations in the US, although the geographic spread is pretty healthy (see graph based on NameStat data). There are registrations from 111 different countries. I think that for a name that claims to be global it is important to have significant registrations in both the US and China, as well as developed and developing countries in various parts of the world. The extension passes this test.

One aspect I look at when considering the viability of a domain extension is which registrars handle it, and how expensive and stable renewal rates are.  In the case of .gdn, major registrars including Alpnames, Dynadot, Epik, Gandi, Namecheap and OVH all offer renewals at about $12 or less. You can find the best deals on any domain extension (for registration, transfer or renewal) at https://tld-list.com/.

I decided to try to figure out why the specific domain name photon.gdn had suddenly rocketed to first place among my Undeveloped portfolio domains.  As a starting point I did a Google search on gdn photon.  The results are shown in the screen capture.  I was somewhat surprised (and pleased) to see that the leading search result pointed to the technology section of the domain name catalog at my website.   Also the third entry is the Undeveloped lander for the domain name, which may help explain the number of people landing there.

I think if you look down through the other links and image search, though, another clue is offered regarding the popularity of photon.gdn.  I won't go into the technical details, but GdN is a semiconductor material used in the photonics industry. In this case by serendipity the extension abbreviation is the same as the scientific abbreviation for a related term.  When this happens, there are definitely advantages in search engine optimization, yes for the lander for the domain but more importantly to a future holder of the domain name.

As a domain name investor, I had to decide how to respond to the new popularity of one of my domain names.  While the name had received lots of visits in the month, there were no offers made to purchase the domain name.  Up until a few days ago I had no price set for this particular domain name, and it was simply listed with make an offer on Undeveloped (or through my Efty Marketplace).  I had three options: leave it that way and wait for an offer, set a fairly high but it now (BIN) price and hope that the popularity would lead to a major sale, or set a modest BIN and hope to quickly sell the domain name.  I do realize there are sound arguments for all three choices, but my primary interest is to see domain names, especially scientific and technical ones, get into use on websites, so I decided to set a modest BIN.  Simply enter the domain name into any browser to see that price (assuming that it has not yet sold at the time you read this), or easier yet use this link. The good folks at Undeveloped will efficiently and securely handle your payment and promptly transfer ownership of the domain name to you.

It will be interesting to see if having a BIN price will result in a sale or offer.  The research done by Undeveloped suggests that having a BIN price, having the lander at Undeveloped, and showing your full profile as a seller all help in getting sales.

PS In case you are wondering, some of the other domain names which have been in the top 5 most visited of my Undeveloped portfolio over the past few months are listed here.  These are not necessarily my most interesting or valuable domain names, and some have DNS pointing to Undeveloped and others do not, so the comparison is skewed by that.  Click (or enter in browser) any domain name to go to the lander for it.

Sunday, May 20, 2018

Using All Of The Domain

Introduction

I find many domain owners do not take full advantage of the possibilities offered by subdomains. With most extensions your purchase the second level domain (e.g. if I own expertise.space the top level domain TLD is space, while I own the second level expertise with that TLD). However, I also own the right to use the third level.  Many assume the third level has to be www and that the only domain name they own is www.expertise.space, but that is just one possibility. I could just as well use Canadian.expertise.space if I wanted, for example.

What is a Subdomain

Most web hosting services allow you to have either a limited or unlimited number of subdomains associated with each hosted domain (this is one thing to check for when looking for a service). That means if for example planners.top is the domain being hosted, and you set up a subdomain named event, then when someone types in event.planners.top they will go to the website information you have placed in the subdomain. On your hosting panel your subdomain will be just like its own domain, and to the user event.planners.top seems like a different site from planners.top. You can read about subdomains here.

DNS Redirects

You can achieve almost the same thing by using domain name server (DNS) redirects.  These are instructions where your domain is registered that tell all the domain name servers in the world where to go when various URLs are use. That is I could put DNS redirects where I have the domain name planners.top registered, and direct event.planners.top to one web location, and wedding.planners.top to another.  This does not even need to be a website I host - I could point it to my Facebook page, LinkedIn account, or somewhere else if I wanted.
     DNS redirects are somewhat easier to implement than setting up a subdomain, and have certain advantages (such as you can either mask it or not - when masked it means the URL at the top will show wedding.planners.top rather than the real URL of the site). It depends on your application whether the subdomain or DNS redirect is the better option.  DNS redirects can be used with any registered domain name, while you will need a hosting service to enact subdomains.

Why Is This Important?

This means that when you own the rights to a single domain, you own also the rights to all the three part combinations with that domain name.  For example, I have (or at least did when I wrote this - it is currently for sale) the domain planners.top.  That is a pretty memorable one word domain name in a well known extension by itself, but the real strength of the name is when used with subdomains (or DNS redirects) to make any of the following (I have not implemented them, but could have them all go different places):
  • Canadian.planners.top
  • career.planners.top
  • daily.planners.top
  • event.planners.top
  • financial.planners.top
  • site.planners.top
  • urban.planners.top
  • wedding.planners.top
Another domain that I currently have for sale is tweets.today.  I like the domain a lot - short, memorable, and high impact.  But it becomes even more versatile if you also consider it used with subdomains where many sites could operate in parallel using the one second level domain. Here are a few possibilities, although the list is endless.
  • best.tweets.today
  • funny.tweets.today
  • golf.tweets.today
  • inspirational.tweets.today
  • science.tweets.today
  • top.tweets.today

Domain Name Phrases

One use for subdomains or DNS redirecting is in domain name phrases (see our website for some examples, or more about domain name phrases here).  One of the leading companies in domain name phrases is Names.of.London - check out possibilities with this search box.

Another domain that I own is kindness.top.  I admit that, although memorable and a highly searched English word, by itself the domain name maybe feels a little strange.  However, when combined with an additional word like make.kindness.top it becomes a great call to action domain phrase.  If, for example, on Twitter someone enters exactly that phrase with the periods, it becomes a link to the associated location.

With DNS you can readily direct it different places according to the third level word.  To demonstrate this I have directed make.kindness.top to our site page describing domain name phrases, while I directed kindness.top and www.kindness.top to the landing page where we have it available for sale. Check it out with the above links (or type the URLs into your browser)!

Want to see another one?  I have directed curlers.win and www.curlers.win to the page (on Namecheap Marketplace) where the domain is for sale, while I directed the domain name phrases all.curlers.win and young.curlers.win to a page on my website where I talk about that particular domain phrase.  Note that I used DNS masking, so it looks like the website URL is all.curlers.win, even though the website you really are at is a page on my NamesThat.win site .

A Touch of Distinction

A simple use you might want to make of this idea is to add the word the instead of www  as the third level of the domain.  For example direct people to the.photonics.site (instead of www.photonics.site or just photonics.site), or if you had a biotechnology newsletter or review called The CRISPR Review it might be cool to call your website the.CRISPR.review.

Summary

  1. You can use DNS redirects or subdomains with your hosting provider to make various third level domains with the second level domain that you own.
  2. DNS redirects can be done in just a few minutes using the control panel where your domain is registered.  They can be masked or not.
  3. Subdomains are created using the control panel where your domain name is hosted (this might or might not be the same place as where the domain is registered). You add subdomain web content exactly like it was an independent website.
  4. Many web hosting plans permit an unlimited number of subdomains.
  5. These techniques can be used to operate sites in parallel with a single domain - e.g. financial.planners.top could operate separately from event.planners.top. 
  6. You can make a domain name into domain name phrase using the same techniques.  For example, the domain name kindness.top can become make.kindness.top.  That expression becomes clickable in social media like Twitter.
  7. If desired you can precede your website with something other than www (but remember that some people may assume it is www, just like some assume the TLD is com).

Disclosures:
At the time of writing I had for sale the domain names mentioned here: planners.top, tweets.today, curlers.win, photonics.site, CRISPR.review and kindness.top (if the links no longer go to a landing page, it means the domain is no longer for sale, and we have no association with the new owner). At our website www.NamesThat.win we sell domain names for domain name phrases. We also have an affiliate relationship with Names.of.London.



Friday, January 12, 2018

What Names Will Be Strong in 2018?

I posted some of these thoughts on NamePros the other day, but thought I would refine and expand my thoughts in this post. The original post was in response to a poll about which types of domain names would be popular in 2018. The poll listed crypto, AR, VR, AI and other (I voted other). So what other do I think will be important?

I think it is fair to say that 2017 was the year of Bitcoin and crypto-currencies in general. If you look at the top 100 sales of the year on Namebio, eth.com took third place at $2,000,000 and crytpbank.com and cryptotrade.com are also on the Top 100 of 2017 domain name sales list. The daily Namebio reports for the year indicated many other significant sales throughout the year.

While I think crypto-currencies in general will remain hot in 2018, I think more interest will focus on the underlying blockchain technologies. Blockchain is applicable to much more than just crypto-currencies, and will revolutionize real estate, financial transactions, investing, identity products, international trade, etc. While the prime crypto-currency names will command huge prices, I see a glut of crypto-currency registrations will help cap prices for the run of the mill crypto-currency names.

So what do I think are domain names that will see a big rise in popularity in 2018? On the list below I have after each indicated some of the common hashtags on Twitter and other social media, although of course the list is not complete and there is no real standardization of hashtags. The order that I list them below is not meant to imply relative importance.

(a) Blockchain technology (#blockchain, #BCT) Blockchain is sstock prices on Kodak doubled overnight simply based on an announcement that they would use blockchain technology in image tracking and authentication. I see most of the blockchain attention in .com and .io TLD extensions, although some country codes will also do well and here and there new gTLDs like .trade and .fund may find sales. There will be a mix of modest sales to small startups and big sales to major players.
ociety changing in importance, and I think that good blockchain domain names will sell for large amounts. An indication of blockchain attention is that

(b) Internet of Things (#IoThings, #IOT) The Internet of Things and the general idea of connected plans and projections here. The following article makes some predictions for the Internet of Things.
devices of all kinds will continue to grow. Clever names in good extensions, or brandable options, will find customers. Both .com and .io will be good, some of the country codes, and possibly a bit of traffic in the more generic of the new gTLDs such as .online, .site or .xyz. I think words directly IoT, IoThings, InternetOfThings will sell of course, but even more so ideas that use connected or synonyms in a clever and memorable way. Creativity will pay off for those who can come up with a memorable startup name for the connected era. CISCO is a big player in the Internet of Things - you can find some of their

(c) Nanomaterials (#nano, #nanoscience, #nanomaterials, #nanoparticles, #nanotech, #IONT) While nanotech and nanomaterials have been around for years, I think many of the most exciting applications, in particular building really tiny and smart nanodevices for things like medicine (to precisely deliver pharmaceuticals) and smart material science. More than just experts will begin to combine these two ideas in an Internet of Nanoscale Things. (#IONT). This Scientific American article looks at the transition to nanoscale objects in the Internet of Things. This article looks at IONT from a business perspective. I think that while .com will as always command many of the sales, .io will be very popular in this area perhaps even more than .com. There will be some interest in a few of the new gTLDs, particularly .site, .tech and .science.

(d) Genetic Medicine (#genetic, #DNA, #CRISPR, Both in terms of editing to cure or prevent genetic related diseases using things like CRISPR, and genetics broadly and generally (e.g. consumer things like the ancestry services) is I think the sleeper that no one is talking much about (in the domain community - lots of talk in the world of science and medicine!). Unsure what CRISPR is? Here is a good short article including some potential applications, while this article from New Scientist describes 20 human trials either in place or about to start. I don't think there will not be a huge number of sales, but some of them will be at very good prices. While CRISPR has many applications outside health, I think medical applications will drive most of the domain name interest. The most obvious CRISPR name extensions are held in a few hands currently, only some of which are listed for sale. The golden era for CRISPR domain name sales is still a few years away, but 2018 will see some movement.

(e) Psychology/Healthy Mind (#PositivePsychology, #Happiness, #HappinessAdvantage) The idea of positive psychology was popularized through The Happiness Advantage by Shawn Achor (see this link to learn more, including links to both the book and TED talk). The essential idea is expressed this way: "When we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive." This means that the first step in becoming more productive is to work on your happiness level. I see various combinations of positive, psychology, happy, happiness and advantage in domain names as finding customers, both at the moderately high end and particularly at prices modest enough for a single consultant or counsellor. Positive psychology has clear implications for successful schools and businesses, although the impact is much broader than that. Of course this is just one topic in the area of mental health, and I see topics such as meditation, mindfulness, counselling, etc. all finding interest. Overall I think 2018 will be a good year for .org, and I see some of the big players here choosing .org, .net or possibly .site, .club or .online, instead of .com. There is probably room for some of the new gTLD to have an impact here too.

(f) Design I think design of various kinds will be popular, selling at amounts ranging fro tens of dollars to tens of thousands of dollars. It is encouraging that big names like NPR, Facebook and Kohler have meaningly used the .design TLD, and I see this helping get the new gTLD finding a market among smaller companies. I don't see many sales of $1000 or more, but I think there will be a number of sales in the hundreds of dollars range. Those with good .design names will be able to make modest profits, or hold for another year for better returns.


(g) Environmental For good reason there will continue to be lots of international attention on issues of climate change and the environment more generally. Of course many of the players here will already use existing organizational or educational sites rather than purchase new domains, but I think media, non governmental organizations and others will be willing to pay small but significant amounts for a descriptive domain name. This is one area that I think .com will not be the best option. I think many environmental organizations will select TLDs like .site, .space, .website and .online, as well as the environment centred .eco TLD that comes with controls on who can use it.


(h) Startups Certainly 2017 was active for the TLD extension .io for tech startups, and the first couple of weeks of 2018 shows that trend continuing. Each year many startups begin (and end), and each wants a name that will feel unique. With limited budgets in some cases, I think we will see a small rebound of .xyz as a very low cost option for tiny startups and I see some cost-conscious startups with global hopes will go with .gdn (global domain name). Environmental startups may select .eco that brings credibility and the possibility to get a really short domain name.


(i) Freelancers I saved for last what I think will be the largest market for domain names - individuals starting single person companies, many of them part time. They will be looking for a domain name that is simple and catchy, but not be willing or able to pay a large amount. While many will use .com and .net (or a country or region extension), I see .pw, .site, .online, .top and .xyz finding some sales here. I also see good potential for the more specialized new gTLDs such as .design, .guru, .tech, .agency, studio and many others, as well as legacy extensions such as .pro and .biz (although overall I think .biz does not have a bright future). While the rebranding of .pw as professional web has had fairly modest success so far, I see 2018 being good for .pw including some sales in the tens to hundreds of dollars on the resale markets.

Clearly the above list reflects my own interests and biases. Please feel free to expand the list with your ideas through the comments section here, or through interacting with me on Twitter. There is no doubt that 2018 will be an interesting one in the world of domain names!

Original post Jan 12, 2018.
Formatting only modification July 29, 2018 – no change to content.


Disclosure: This report presents the views of the author, and is not intended as professional individual advice on which to base business decisions. The author has domain names for sale in several of the areas mentioned here, so bias is possible (or probable!). The complete list of domain names I own is available here.


Photo credits: The images used to illustrate the article are from Pixabay and believed to all allow commercial use. If you spot an issue with an image please let us know and we will remove it immediately. The images we use here are provided by Pixabay users Tumisu, geralt, TheDigitalArtist, qimono, CreativeMagic, stux, stevepb, StartupStockPhotos and OvidiuTepes.


Note: This report is presented both on the author's blog and as a white paper on NamesThat.win. The white paper version will be updated, and should be regarded as more authoritative. In particular the author owns CRISPR in various TLD extensions and a number of nanotech related domain names.


This article may be reprinted in whole or in part provided that a credit of the original source is given, ideally with a link.

Wednesday, July 12, 2017

What is a domain name 'win'?

Earlier this year we launched our website NamesThat.Win. We wanted to take the opportunity to discuss what the word 'win' means to us in the context of a domain name and website.

We suggest the following checklist when evaluating your website and its domain name.
  • The website should reflect positively on your organization. While content is clearly critical, as well as attention to detail, the impression starts with the name you adopt. Yes, the name can be catchy and even cute, but always in a tasteful way.
  • Honesty is critical. The name and website should reflect what you are about in a clear way. Never use a name to try to pretend your organization and goals are something that they are not. Many will disagree, but I say don't use an .org top level domain (TLD) if you are not an organization, and don't use .com if you are not a business. I wish there were controls so that someone could not use .science if they have nothing to do with science!
  • The website should be informative.  After I visit your website I should feel that my time was well spent in terms of efficient access to valid information. Even if your primary goal is to sell a product or service, your website should provide information to help a potential purchaser make an informed decision, as well as support documentation. 
  • Is the website sustainable? Is it designed so that you can reasonably do what is required to keep it current? Is the total cost sustainable in terms of the value that the website brings to your organization? If you go for a premium domain or an expensive .com, can that cost be justified?  Too many people rush into owning too much home for their means, and I find some companies do the same with respect to a domain name and website. Of course many do the opposite, and a year or two later purchase a higher quality domain name and need to rebrand to the new name.
  • The name should be location appropriate.  If you plan to only operate in a single country, with essentially no customers beyond the borders, it does make sense to use a country specific domain name. Research shows that these are more respected and trusted. However, if your vision extends beyond your home country, seriously consider starting with a global top level domain (gTLD), or possibly multiple domain extensions with a common first name. It will be interesting to see how the .gdn (which stands for global domain name) takes off as a general extension for those from all regions.
  • Almost all websites should feel current. While achieving this will depend partly on the  design, having current content is critical. Also, start with a domain name that suggests a modern site. Some domain names just feel ordinary and old. I realize adoption has been slow, but I think that the new global top level domain extensions (ngTLD) offer real opportunities. Make social media interact smoothly with your website. For example, it is easy to have your Twitter feed display on your website.
  • How memorable is you name, and in what other ways will you help people find you? A name that people can easily remember, and that is also descriptive, will go a long way in people remembering how to find you.  I think the ideal domain name is common, but not too common to lend an air of distinctiveness. If you do decide to go with a made up brandable name, you will need to figure in the costs of promoting that name.
  • Think about the goals for your website. Is it primarily to sell, interact with clients, provide support, contribute to public understanding, earn advertising revenue, or make your organization better known. Make sure your website structure, and the domain name, are both congruent with these goals. If you have two or more rather different goals, you might want to think about multiple domain names to keep the separation clear.
The last point is perhaps the most important. Before you consider available domain names and how much you are willing to pay, or how you will design and host your website, start with the goals you have for your online presence.  Make a written list, and get the opinion of others, revising as appropriate. 

So why did we select  our domain name NamesThat.win? We believe in the long term value of the ngTLDs, so wanted to model one ourselves. Also, we see value in using a domain name expression as our name, and wanted to model that.  As a small operation, but with potential customers from around the world, we wanted a global TLD. Considering sustainability, the domain name was reasonable to purchase and to renew (we have it registered for 10 years so our domain costs are completely known for a long time). We feel that your consideration of names ideally starts before you have registered a company name or domain name, so we wanted the word 'name' not 'domain' in our website. 

We realize that at first glance .win is an unusual choice.  The intention of those who set up the .win registry was that it would mainly support activities such as online gaming. However, as explained above, win is used in everyday language in a much more general sense.  A win is something that meets or exceeds your stated goals, and it is in that sense that we selected it for our website. 
Ultimately our goal is to help you clarify your goals, to set criteria for evaluating success, and to help you 'win' by achieving success in those goals. We hope that you will continue to visit this blog, access our website regularly, and follow us on Twitter @AGreatDomain.

But enough about us.  As the first step to your online 'win', elaborate on your online goals.  Only with goals clearly in mind will you be able to plan a successful route forward, and evaluate how successful you have been with your online presence.


Tuesday, July 11, 2017

Namecheap Sale On Now

In case you have not heard, the folks at Namecheap.com have a sale on right now. Not only are they offering certain domains at just $0.48 USD (plus $0.18 ICANN fee) for one year registrations, but they also they have a great deal on 5 year domain registrations at just $5.58 USD (plus $0.90 ICANN fee). 

The new gTLDs that are in the sale include .science, .win, .bid, .trade, .party, loan and a number of others (20 in total). During the sale you can get the details and complete list here.  While one year .top are offered at the same price, the 5 year offer does not apply to .top TLDs.

We are particularly pleased to see the excellent 5 year price, as that will encourage purchases by those who really plan to use the domain name for a website, and not simply hold it for resale. To get the special deal on 5 years make sure to select that time period (it will default at 1 year).

Note that the multi-year savings only come in when you select 5 year period.  If you select 2 year, the second year will be at the regular renewal rates.

A bit after they started the sale for new registrations, they also offered the same great 5 year rate for renewals of the same new gTLDs. 

One thing to be alert for, I have noticed that they will show a domain at the $0.48 per first year rate, even if it is a premium name, but when it is added to your cart if it is a premium domain it will then show the much higher price.  So do make sure that the price is what you are expecting before you pay and check out.

We don't know how long this will be active, so why not pick up those desired domain names now? The Namecheap system is easy to use with all operations intuitive and transparent.

Sunday, May 28, 2017

For a really small venture, maybe keep it simple

In most jurisdictions you do not need to register a business name if the name you use is your own unaltered name – e.g. if I called a photography business Victoria Fine Photography that would need to be registered as a business name, but if my names was Jane Doe and I called it Jane Doe Photography I would not need to go through the business name registration process.

I still could register under another name, and there would be advantages in doing so, such as protection from another Jane Doe starting her own photography business under a confusing similar name.

Mainly if you want to have a very small business, with just yourself part-time doing the work, with little potential for legal or financial liabilities,  you might want to keep things as simple and inexpensive as possible.

A one-person business is called a sole-propietorship. You still pay income taxes on money that you make, but you will be taxed as an individual. Keep in mind that any legal or financial liabilities are held personally, so you do not have the protections offered by registering a company.

You can still operate a sole-proprietorship under a name other than your personal name, but you will need to register that business name.

You still want to have a website, though, and this is where some of the new TLDs come into play. In the case cited, a great domain name might be JaneDoe.photography or JaneDoe.photo for example.

So what are your choices in TLD extensions?  The Internet Assigned Numbers Authority (IANA) maintain a TLD listing (nicely arranged alphabetically) of the current possibilities.

Some good TLD choices for professionals working under their own name are the following:
  • .accountant
  • .attorney
  • .author
  • .catering
  • .construction
  • .consulting
  • .dentist (or .dental)
  • .design
  • .doctor
  • .education
  • .engineer (or .engineering)
  • .farm
  • .finance (or .financial)
  • .fitness
  • .marketing
  • .photographer (or .photo)
  • .productions
  • .professional
  • .plumbing
  • .realtor (or .realty)
  • .studio
  • .toys
  • .training
  • .vacations
Keep in mind though that being on this list just means that some domain registrars handle that TLD.  It certainly does not mean that all registrars do. If you hope to keep your domain registration, DNS (domain name serving) and web hosting all within one service, for example with Namecheap.com, it's a good idea to explore options before you commit to a name.

Check to be sure of any regulations in your area with respect to business names. An excellent article on Naming Your Business by Canada Business Network has links to the various Canadian provincial sites.

The Fine Print: We are an education service, and nothing you read here should be considered individual legal or business advice. Briefly our background is that we have owned a business, managed numerous websites, and registered many domain names. While every attempt has been made to be current and accurate, any details important to the reader should be independently verified. We are members of Google Adsense, so you will see some ads from them on these pages, and also are members of several affiliate programs including Amazon, HostPapa, and Namecheap. We only join affiliates if we use that service ourselves, and have had a positive experience.  Unless we explicitly indicate otherwise in a post, we have not been offered compensation by any company or organization for any post or recommendation.

Saturday, May 20, 2017

Eight questions to ask when choosing a name

Whether you are starting a new business or organization, an early choice that you must make is what name to use.  Here are eight questions to ask yourself as you consider a name for your business, club or organization.
  1. Is the name descriptive?  If someone hears the name, and did not otherwise know about your organization, would they have an idea about what it about?
  2. Is it positive? If two names are equally descriptive, but one has a more positive connotation, then go with that. But be careful about being so positive others will regard the name as silly or frivolous. Ideally your name should be 'feel good' positive, as in the most effective media advertisements.
  3. Is it easy to remember? If you expect people to tell others about your service, or to look for it on the web, it helps if they can easily remember the name. People being able to spell it is important too! I registered the name and domain chignecto.ca, and it was in many ways a good name for the service: unique, part of our story line, available, legal.  But people unfamiliar with the name have constantly misspelled it!
  4. How unique is the name?  You don't want confusion between you and someone else, so this argues for a name that is easily differentiated from others. Be creative as a team when choosing a name for your startup.
  5. Is the name available?  This is necessary but sometimes overlooked.  You want the name to be available both as one that can be registered as a trademark and/or business name in your region, but also as a domain name and possibly on social media, for example as a Twitter handle. 
  6. Can it be abbreviated?  Some names can naturally be abbreviated, and that is usually a plus,  helping make the name easy to remember.  Make sure that the abbreviation will itself not be a negative though (some time ago a Canadian political party almost adopted the name Canadian Reform Alliance Party).
  7. Is it legal? You are not allowed to use a name that would be deliberately confused with another business or organization. Before registering your business name this will be checked, but it is good at the outset to make sure your name is not too similar to an existing name that operates in a similar business.
  8. What TLD is natural for your venture? You should think about the domain name at the same time as you consider the company, brand, or organization name. Now that we have many top level domain (TLD) choices, you should ask yourself if one of these makes more sense than the generic ones. For example, if in the design business. surely a name ending in .design makes sense, or if you are naming a new club, why not use a .club TLD?
Picking names is both easy and hard! It's easy, because you start with a good knowledge of what you want the name to reflect, and probably already one or more choices in mind. It's hard because there are so many potential options, and the choice will be important to the success of your venture.

You should be involved, so never farm out the entire name selection process to outside firms.  That being said, those with experience and expertise can provide invaluable expertise.  Even if you decide not to hire a name consultant, you should at the very least bounce your proposed names off colleagues and friends.  This is too important a decision to base only on your opinion, no matter how creative and smart you are!

The Canadian Business Network have a helpful short post that includes their take on questions to ask yourself when choosing a name, along with the legal requirements with respect to business names in the various provinces.

Want a second opinion? This article in Entrepeneur on 8 mistakes to avoid when naming your business is well worth a read.

This site is about giving you help as you decide on the name that will represent your business, service, or organization. 

In all our posts please feel free to comment, even if you disagree with the advice we offer!

The Fine Print: We are an education service, and nothing you read here should be considered individual legal or business advice. Briefly our background is that we have owned a business, managed numerous websites, and registered many domain names. While every attempt has been made to be current and accurate, any details important to the reader should be independently verified. We are members of Google Adsense, so you will see some ads from them on these pages, and also are members of several affiliate programs including Amazon, HostPapa, and Namecheap. We only join affiliates if we use that service ourselves, and have had a positive experience.  Unless we explicitly indicate otherwise in a post, we have not been offered compensation by any company or organization for any post or recommendation.

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