I hate to say I told you so… but I told you so (and on more than one occasion)! Google’s recent “content farms suck” algo change makes one thing perfectly clear: they hate sites which don’t add value to the Internet and if you were in denial up until this point, it’s time to wake up and smell the roses. Mass development is not a viable and let’s not forget SCALABLE long-term business mode.
I’m not going to turn this post into a novel because I already explained everything from a to z here:
http://domainingtips.com/mass-domain-development.html
http://domainingtips.com/minisites-business-model.html
The bottom line:
1) Google hates sites which don’t add value to the Internet
2) No, the 500 sites with rehashed low quality content that you were planning to build will NOT add value to the Internet
3) As a result, Google hates YOU and by mass developing at this point, you’re basically relying on just one company for both most of your traffic (Google) and most of your revenue (AdSense)
4) To make matters worse, that one company you are relying on hates your guts
Not exactly rocket science, don’t you agree?
But hey, if you think that a business model which revolves around just one company (a company which, again, hates your guts) has long-term potential, feel free to invest lots of money money in 500 – 1,000 or more crappy sites and then write a guest post on DomainingTips.com 3-4 years from now to let us know how that worked out for ya 😉
February 25th, 2011 at 7:12 am
I saw examples of domains that were used for mass dev and I couldn’t believe they were owned by domainers; I wouldn’t have paid $1 for most, just all around bad sites on bad domains lol
February 25th, 2011 at 8:36 am
You’re right on the money. Thanks for telling it like it is.
There are numerous things wrong with the domain industry; and publishing very poorly designed sites is at the top of the list. The other major issues are (2) horrible reputation(s), (3) always looking to flip holdings to other domainers, (4) the auction sites are all self-serving (e.g., you have to get an ‘Evaluation’ then an ‘Appraisal’ of your names before they’ll even be considered), and (5) absence of a ‘Code of Ethics’ …in fact, a lack of ethics, in general.
Until the industry resolves these issues, the true value of domain names will never be realized. And I don’t see that happening anytime soon.
The ‘myth’ that’s perpetuated is, that to be successful, you need to attend the industry conferences and follow the advice of the 10-20 ‘leaders’ in the industry. And that’s completely false.
For those who aren’t part of the inner circle (read: clique), the only way they’re going to succeed is to (a) literally distance themselves from the clique, (b) develop ‘sticky’ sites that people actually want to come back to a second, third, and hundreth time, and (c) focus on future trends.
Gene
February 25th, 2011 at 12:26 pm
the internet needs less pointless blather and more naked women.
February 25th, 2011 at 1:11 pm
“the internet needs less pointless blather and more naked women.”
Can that be done?=)
February 26th, 2011 at 3:36 pm
For those of us who may not know for sure, what exactly are content farms and what is a good example of one and an example of one that *isnt* a content farm…
March 1st, 2011 at 12:12 pm
I got your point.Now Google not gonna allow people,who just think that making a site and earning with it is so easy n like fun.I wanna say there should be live only valuable content providing sites.Content is the king really…
March 2nd, 2011 at 7:07 am
BillionDollarMedia , yes content is very important in a site.
i can’t heard about this. some are doing promoting website and place it 1st on google.
July 29th, 2011 at 2:11 am
I really liked this concept. Normally I would have not even thought of going in this direction.