Advice You - Internet and Businesses Online

Q: I'd like to buy a domain, but I discovered that it's already registered by a bulk domain buying company (just check negres.com). I tried to contact them but I have received no answer.

Do yo

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

u know how much these companies charge in average for a domain? Or are they focused on the traffic and clicks and will not let it go?

Any recommended approach to bid for the domain?

A: This is

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

tough one because domain names, unless you have a legal claim on them, exist in a pure commodity marketplace. What I mean is: the value of a domain is defined solely by its perceived value to

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

he buyer.

If you wanted to buy one of my unused domains (for example, "BABY.NET" which is for sale, actually) then I might ask $20 for it, or I might ask $200,000 for it, or, who knows, $2mil.

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

What's it worth? Well, that depends. If you're a huge company with a massive marketing budget and are passionate about obtaining this exact domain then $500,000 might be a fair market price for

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

it. But then again, maybe $100 would be more than it's worth.

Economics books talk about pricing strategies where you charge "what the market will bear", and you can see where in domain names,

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

well, that's almost impossible to figure out without a specific buyer involved.

There's no third party, no standards organization, no reference point for what domains are worth. I've bought d

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

mains from others for $200 and I've paid $8000 for one domain. My most recent domain purchase, BLOGSMART.COM, was about $500.

I should note that I have never bought a domain from a scalper (so

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

e people call them "squatters", or "domain squatters") or domain resale agency, however: My impression is that domain resellers encourage domain owners to set unrealistic prices and hold out.

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

For the individual domain owner who doesn't know any better, it seems like a good deal and if offers at lower price-points roll in, well, they're easily ignored.

Then, three, four or even five

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

years later, the domain owners with dozens or even hundreds of domains suddenly realize that they really aren't worth much after all because it's clear at that point that the market isn't valui

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ng the domain the way that the reseller is.

But even without that disconnect, domains aren't typically worth what you may think they are. To see what I mean, pop over to AfterNIC, one of the t

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

p resellers in this space, and browse their 'recently sold' and 'featured' domains lists.

A few tips on valuation, before we get there, though: '.com' are worth more than other top level domai

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

s, dictionary words are worth more than multiple word amalgamations (think 'car.com' versus 'myfavoritecartodrive.com'), and that domain names with hyphens are worth less than those without. Fu

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ther, remember that if you get a singular name, you need the plural, if you get a hyphenated name you need the unhyphenated too, and so on.

Unsurprisingly, the closing bids for "tiny-treasures

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

com", "yourbetterhalf.com", "onenet.us" and "2EB.com" aren't very impressive, but there are a few that shine as particularly good domains: "america.org" (sold for $20,000), "maple.net" ($5,000)

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

, "x360.com" ($5,000), "itoldyouso.com" ($15,000) and "searchme.com" ($15,500). Based on that, "baby.net" should certainly be worth at least $20,000, don't you think?

I believe that the best

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

domains change hands in private transactions, however, and that if you've a third-party involved, it will unquestionably complicate the situation.

Anyway, back to your specific situation, I woul

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

try one more email message to the domain owner, and if they don't respond, well, it's probably time to do some creative synonym brainstorming and come up with a different name entirely. If the

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

respond, but are asking for far more than you're willing to pay, keep dickering: I've been surprised how quickly potential buyers vanish, when I'm just negotiating a price.

Good luck to you

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.adviceyou.org.ua/article/59516/adviceyou-How-Do-I-Buy-a-Domain-Name.html">How Do I Buy a Domain Name?</a>

BB link (for phorums):
[url=http://www.adviceyou.org.ua/article/59516/adviceyou-How-Do-I-Buy-a-Domain-Name.html]How Do I Buy a Domain Name?[/url]

When a global company tries to grow in size, only organic growth is not sufficient to help it reach scale. It has to take the path of inorganic growth also to keep ahead of competition. This article will elaborate on the critical factors of growth and why corporations fail to pull out successful acquisitions.

If you've just done a postcard mailing, don't just sit back and wait for your card recipients to call you. Start calling them!

Are you still paying through the nose for your new domains? If so, you can shave your costs by selecting some other quality registries who can do the same job for you, but for less.

Tags

Links

Advice You - How Do I Buy a Domain Name?

Related Articles: