1 00:00:00,000 --> 00:00:02,217 Sean Murray: One of the vulnerabilities of doing that 2 00:00:02,273 --> 00:00:05,655 you're like, ha ha ha, I bought ABC lending.com. And now when 3 00:00:05,710 --> 00:00:09,037 you click it, it takes you to XYZ lending.com. The customer, 4 00:00:09,093 --> 00:00:12,475 the prospect is going to know that there's a difference, they 5 00:00:12,530 --> 00:00:15,857 obviously were seeking out ABC lending.com, they ended up on 6 00:00:15,912 --> 00:00:19,294 XYZ lending.com. These are just examples. Examples, yes. They 7 00:00:19,350 --> 00:00:22,732 ended up on XYZ lending.com. And they know that something has 8 00:00:22,788 --> 00:00:26,170 changed what they were getting is not what they expected. And 9 00:00:26,225 --> 00:00:29,496 so if you buy up a bunch of dead competitors, domain domain 10 00:00:29,552 --> 00:00:32,934 names, and you redirect them to yourselves, you need to think 11 00:00:32,989 --> 00:00:35,928 about how do you create a customer experience that is 12 00:00:35,983 --> 00:00:38,978 going to first inform the customer, hey, you're I know 13 00:00:39,033 --> 00:00:42,415 that you're somewhere that you didn't intend to be, but I can 14 00:00:42,471 --> 00:00:45,908 still help you, right. And then also figure out a way to offer 15 00:00:45,964 --> 00:00:49,346 them your product that might be different than what they were 16 00:00:49,401 --> 00:00:52,783 seeking. Because in a perfect world, we can go and buy up all 17 00:00:52,839 --> 00:00:56,276 of our dead competitors domain names. But it's not always that 18 00:00:56,332 --> 00:00:59,936 simple. And I think for a lot of people who read that story, that 19 00:00:59,991 --> 00:01:03,429 was the takeaway, let's just buy dead competitors. But I think 20 00:01:03,484 --> 00:01:06,867 you can actually do a lot more than that. I think if you're a 21 00:01:06,922 --> 00:01:10,470 lending company, you can go out, an alternative lending company, 22 00:01:10,526 --> 00:01:14,019 you can go out and buy expired domains of backs expired domains 23 00:01:14,074 --> 00:01:17,623 of consulting companies, expired domains of insurance firms, you 24 00:01:17,678 --> 00:01:20,783 could even do some payroll companies, you could even buy 25 00:01:20,839 --> 00:01:23,888 expired domains of vendors, think about this. Let's say 26 00:01:23,944 --> 00:01:27,104 you're a restaurant and you bought all your products from 27 00:01:27,159 --> 00:01:30,542 this main restaurant like depot, you buy all your you buy all 28 00:01:30,597 --> 00:01:33,647 your table clothd you buy your food supplies, your salt 29 00:01:33,702 --> 00:01:36,752 shakers, all that stuff, and all the restaurants in the 30 00:01:36,807 --> 00:01:40,355 neighborhood, you know, do that. Now, let's imagine for a second 31 00:01:40,411 --> 00:01:43,627 that that vendor went out of business during the pandemic. 32 00:01:43,682 --> 00:01:46,621 Okay. Because they were hit hard, you know, all their 33 00:01:46,676 --> 00:01:50,114 customers were restaurants. And so they were hit hard, they go 34 00:01:50,169 --> 00:01:53,385 out of business, the domain name is gone. And you might be 35 00:01:53,441 --> 00:01:56,767 thinking, well, what's really the what would be the value of 36 00:01:56,823 --> 00:02:00,205 that be? Imagine you could buy that domain. This is the place 37 00:02:00,260 --> 00:02:03,033 where all your potential customers are going to be 38 00:02:03,088 --> 00:02:06,692 clicking a link and going to now you own the, own the domain, you 39 00:02:06,747 --> 00:02:10,074 can't resurrect their business, per se, but you can redirect 40 00:02:10,130 --> 00:02:13,401 them to your site. And you can create a customer experience 41 00:02:13,456 --> 00:02:16,783 that, you know, lets them know I know what you were seeking. 42 00:02:16,838 --> 00:02:20,110 Right? But here's what we do that can still help you. Yeah. 43 00:02:20,165 --> 00:02:23,603 So the customer is going to be like whoa, I was looking for my 44 00:02:23,658 --> 00:02:27,151 restaurant vendor, I ended up on this lending website, create a 45 00:02:27,207 --> 00:02:30,811 customer experience that's built around what they were expecting. 46 00:02:30,866 --> 00:02:34,193 And so you can actually create custom tailored landing pages 47 00:02:34,248 --> 00:02:37,353 for the domains that you acquire. So if the domains that 48 00:02:37,409 --> 00:02:40,624 you acquire that are expired, are not exactly what you do, 49 00:02:40,680 --> 00:02:44,118 create a custom tailored landing page that's built around what 50 00:02:44,173 --> 00:02:47,389 the customer was expecting, and then ease them towards the 51 00:02:47,444 --> 00:02:48,720 product that you offer.