1 00:00:04,980 --> 00:00:07,470 Sean Murray: Hello, it's Sean Murray here at deBanked TV. 2 00:00:07,680 --> 00:00:14,910 Johny Fernandez: And I'm Johnny Fernandez, Sean, Happy Wednesday, it's a great day to be here. Even tho outside, it's not the best but, you 3 00:00:14,910 --> 00:00:24,990 know, I'll take it. I'll take it. So. So Sean, let's dive straight into some exciting news from the Giants. It's one of the articles on our- 4 00:00:25,380 --> 00:00:26,190 Sean Murray: The New York Giants 5 00:00:26,190 --> 00:00:28,800 Johny Fernandez: The New York Giants 6 00:00:28,800 --> 00:00:28,980 Speakers: [cross-talk] 7 00:00:28,980 --> 00:00:35,399 Johny Fernandez: To be specific, they actually were able to partner up with a curb with Grayscale. And they're the first cryptocurrency 8 00:00:35,399 --> 00:00:42,689 partnership of an NFL team. So essentially, what this means is that they're gonna partner up the reason why they chose the New York Giants 9 00:00:42,689 --> 00:00:50,459 Grayscale did was because they have roots here in New York. And the wanted number one to like, really start investing deep into the New York 10 00:00:50,459 --> 00:00:57,269 Community. And what the partnership specifically is going to do is goin to be two things are going to be able to sponsor a golf outing, and that 11 00:00:57,269 --> 00:01:06,059 all that money will go to like helping youth, you know, whether it come to health or get them through tough times. And the other big thing, an 12 00:01:06,059 --> 00:01:12,659 it's really interesting was that they're actually going to be offering voluntary cryptocurrency educational sessions 13 00:01:12,840 --> 00:01:13,860 Sean Murray: Wow. Okay, 14 00:01:13,870 --> 00:01:21,700 Johny Fernandez: So that's the big thing, they're gonna be offering pretty much how to use cryptocurrency. And it's gonna be, you know, 15 00:01:21,700 --> 00:01:28,330 voluntary, so it's not like you're forced or whatever. So I think that's really interesting. It's the first time we've seen and we've talked here 16 00:01:28,330 --> 00:01:33,610 on the show regarding NFL and the cryptocurrency, this is kind of a different twist to it. 17 00:01:33,730 --> 00:01:39,190 Sean Murray: Yeah. And there is actually a link up on our site. And I think a lot of times when we talk about Bitcoin and crypto and 18 00:01:39,190 --> 00:01:45,400 partnerships, you end up having to go to some cryptocurrency website to kind of hear the news and you're not sure of how valid it is. Well, this 19 00:01:45,400 --> 00:01:52,030 announcement comes off of the Giant's website. I think it's like New York Giants are nygiants.com. Yasmin's literally on there. So this is 20 00:01:52,030 --> 00:01:54,670 the true New York Giants partnership. 21 00:01:54,690 --> 00:02:00,660 Johny Fernandez: Yep. It's like something- I think it'll be interesting, because this is the first time something like this has happened to this 22 00:02:00,660 --> 00:02:08,910 caliber. And it'll be interesting to see how, you know, they'll bring the community and people from around the country to, you know, to use 23 00:02:08,910 --> 00:02:20,970 these cryptocurrency classes or services, educational services, and also just how this may change and grow. So, yeah, it will be interesting to 24 00:02:20,970 --> 00:02:29,880 see that. So we're gonna move on. And the next topic we're going to have a conversation about is regarding an article that we talked about last 25 00:02:29,880 --> 00:02:37,860 week. And it was about the death of 1000 companies. That was an article written by Sean and the team here at deBanked. And it was a very 26 00:02:37,860 --> 00:02:43,950 interesting article and got a lot of attention. So Sean, really quick summarize in sentence or two, what that article is about. 27 00:02:44,580 --> 00:02:54,270 Sean Murray: It's about how we're- the ability to go out and buy an expired domain, and that in the pandemic, we saw a lot of companies go 28 00:02:54,270 --> 00:03:01,560 out of business. And some of them went out of business that their domain name, no longer- forget about the website, the domain name doesn't exist 29 00:03:01,560 --> 00:03:08,460 anymore. And it's available for sale for a lot of different companies, you can go out and buy them for as little as 10 bucks. And the story is 30 00:03:08,460 --> 00:03:15,870 about, I know, he said, quick, but the story is about the ability to go and buy up essentially, your competitors domains and the risk and the 31 00:03:15,870 --> 00:03:18,720 vulnerabilities that exist and being able to do that. 32 00:03:19,200 --> 00:03:27,360 Johny Fernandez: So let's talk about the response. Talk to me about what exactly, you know, we know that the first day here, it received a lot of 33 00:03:27,360 --> 00:03:34,260 attention. So let's talk about the response. What have people been telling you about this article? What were they what was their response? 34 00:03:34,780 --> 00:03:42,430 Sean Murray: Well, it's a it's, it's kind of unique, because there wasn't a lot of commentary online. But there were a ton of clicks, it's 35 00:03:42,430 --> 00:03:52,180 actually already in our top 10 most read stories for all of 2021. And but what I've heard privately is that some people are definitely worried 36 00:03:52,180 --> 00:04:00,850 and afraid about what this means for any past domains, a website they had, but at the same time, I didn't expect this, but it also sparked 37 00:04:00,880 --> 00:04:07,510 interest in buying up expired domains. And that some people have told me that they after having read the article, they're they're now dedicating 38 00:04:07,510 --> 00:04:16,540 a lot of time to researching companies like competitors that have gone out of business, and determining if buying up their expired domain could 39 00:04:16,540 --> 00:04:19,360 provide them any value. So that's what that's what people are doing. 40 00:04:19,620 --> 00:04:25,740 Johny Fernandez: Alright, that's a very, I mean, definitely caught the attention, you know, of people. So let's talk about you know, if you 41 00:04:25,740 --> 00:04:33,720 know, someone buys a domain, how would they be able to work it so it can help them out. And, for example, like if you buy an old domain, and you 42 00:04:33,720 --> 00:04:39,300 want to buy it for yourself for your business, and they and you buy and you click on it, people click on it, it's gonna take you to another 43 00:04:39,300 --> 00:04:45,600 website from like, the previous company to kind of walk us through what exactly that means. And that looks like 44 00:04:45,840 --> 00:04:53,160 Sean Murray: Sure, yeah, so it's important to remind everyone that if you're buying up a domain name, it doesn't give you the permission to 45 00:04:53,610 --> 00:05:02,580 own their brand, right? So if you buy ABCllending.com, it doesn't mean that you can go and create a website with all the previous 46 00:05:02,580 --> 00:05:12,000 company's branding, because you don't own that. And you could still you could, you know, fall afoul of some trademark infringement, you know, 47 00:05:12,030 --> 00:05:21,750 rights and all that. And what it does give you permission to do though is own the domain. And you can redirect that domain to your own site. So 48 00:05:21,750 --> 00:05:28,980 if you buy ABClending.com, you're not going to start ABC, you're not going to take over the old company's website, you're going to redirect 49 00:05:28,980 --> 00:05:36,960 that user to your website, so someone looking for ABClending.com clicks the link to it, they're going to end up on your site. And so that's what 50 00:05:36,990 --> 00:05:38,430 is actually going to take place. 51 00:05:38,520 --> 00:05:48,510 Johny Fernandez: Got you, so, and let's talk about when you know, people when they, you know, responded to this article, overall, I mean, when 52 00:05:48,510 --> 00:05:53,880 they buy something like this, the hand off, let's talk about that. Like what exactly what does that look like? 53 00:05:54,530 --> 00:06:00,560 Sean Murray: Yeah, so you know, one of one of the one of the vulnerabilities of doing that you're like, haha, I bought 54 00:06:00,560 --> 00:06:08,450 ABClending.com. And now when you click it, it takes you to Xyzlending.com, the customer, the prospect is going to know that there's 55 00:06:08,450 --> 00:06:16,280 a difference. They obviously were seeking out ABClending.com, they ended up on XYZlending.com. These are example example. Right? They ended up on 56 00:06:16,310 --> 00:06:25,070 XYZlending.com, and they know that something has changed, what they were getting is not what they expected. And so if you buy up a bunch of dead 57 00:06:25,070 --> 00:06:32,390 competitors, domain domain names, and you redirect them to yourselves, you need to think about how do you create a customer experience that is 58 00:06:32,390 --> 00:06:40,070 going to first inform the customer Hey, you're I know that you're somewhere that you didn't intend to be, but I can still help you, right. 59 00:06:40,520 --> 00:06:48,050 And then also figure out a way to offer them your product that might be different than what they were seeking. Because in a perfect world, we 60 00:06:48,050 --> 00:06:56,960 can go and buy up all of our dead competitors domain names. But it's not always that simple. And I think for a lot of people who read that story, 61 00:06:56,960 --> 00:07:04,070 that was the takeaway, let's just buy dead competitors. But I think you can actually do a lot more than that. I think if you're a lending 62 00:07:04,070 --> 00:07:11,450 company, you can go out and alternative lending company, you can go out and buy expired domains of banks, expired domains of consulting 63 00:07:11,450 --> 00:07:21,650 companies, expired domains of insurance firms, you could even do some payroll companies, you could even buy expired domains of vendors. Think 64 00:07:21,650 --> 00:07:30,980 about this. Let's say you're a restaurant and you bought all your products from this main restaurant like depot, you buy all your you buy 65 00:07:30,980 --> 00:07:38,180 all your tablecloths, you buy your food supplies, your salt, shakers, all that stuff, and all the restaurants in the neighborhood, you know, 66 00:07:38,180 --> 00:07:45,800 do that. Now, let's imagine for a second that that vendor went out of business during the pandemic, because they were hit hard. And they were 67 00:07:45,800 --> 00:07:51,440 you know, all their customers were restaurants. And so they were hit hard. They go out of business, their domain name is gone. And you might 68 00:07:51,440 --> 00:07:57,470 be thinking, well, what's really what would the value of that be? Imagine you could buy that domain, this is the place where all your 69 00:07:57,470 --> 00:08:05,210 potential customers are going to be clicking a link and going to now you own the domain, you can't resurrect their business, per se, but you can 70 00:08:05,240 --> 00:08:14,300 redirect them to your site. And you can create a customer experience that, you know, lets them know I know what you were seeking. Right? But 71 00:08:14,300 --> 00:08:20,990 here's what we do that can still help you. So the customers can be like, Whoa, I was looking for my restaurant vendor, I ended up on the funding 72 00:08:20,990 --> 00:08:31,040 website, create a customer experience that's built around what they were expecting. And so you can actually create custom tailored landing pages 73 00:08:31,160 --> 00:08:38,150 for the domains that you acquire. So the domains that you acquire, that are expired, are not exactly what you do, create a custom tailored 74 00:08:38,150 --> 00:08:45,350 landing page that's built around what the customer was expecting, and then ease them towards the product that you offer. 75 00:08:45,860 --> 00:08:49,430 Johny Fernandez: So does that mean that's more work for the person that's buying the domain? 76 00:08:50,840 --> 00:08:51,500 Sean Murray: Yes. 77 00:08:53,450 --> 00:08:56,300 Johny Fernandez: Or is it about working smarter? Not harder? 78 00:08:59,540 --> 00:09:06,470 Sean Murray: So I think so creating a landing- so it's a good question, right? But creating a landing page doesn't have to be hard. You should 79 00:09:06,470 --> 00:09:14,000 already be working with somebody who can create pages for you on your site. Maybe it's you. If you know how to code you can do it yourself if 80 00:09:14,000 --> 00:09:21,440 you're using you know a basic website maker, you can create a landing page and not put in a whole lot of work. I don't think it's that much 81 00:09:21,440 --> 00:09:30,170 work to create a landing page and if you think that it's too much work then I think you should probably be speaking with a you know a website 82 00:09:30,590 --> 00:09:37,790 expert who can do that part of it for you because if that's the hurdle and all this like you know it's too much work. I really just wanted to 83 00:09:37,790 --> 00:09:39,110 buy the domain and be done with it 84 00:09:39,230 --> 00:09:42,920 Johny Fernandez: Because I feel a lot people- that's a lot of people think. You think that they're like hey, I'm gonna buy this that's it. 85 00:09:43,370 --> 00:09:44,000 And then 86 00:09:45,110 --> 00:09:50,720 Sean Murray: Well and that's why you'll probably be disappointed like I bought all these domains are redirected them and then all these 87 00:09:50,720 --> 00:09:57,290 customers clicked and nothing happened. You still have to do the convert- you still have to focus on conversions, and marketing and 88 00:09:57,290 --> 00:10:03,200 sales. You can't give up on the on the important part of can been seeing a prospect why they should work with you. It's lot like, you can just 89 00:10:03,410 --> 00:10:06,950 build it and they will come, you have to still do the selling part of it. 90 00:10:07,910 --> 00:10:14,360 Johny Fernandez: That's interesting. And a lot of people don't know that. That's something to take into consideration if you want to use it, 91 00:10:14,450 --> 00:10:17,750 you know, and you want to buy the domain and, and whatnot. So 92 00:10:17,780 --> 00:10:23,090 Sean Murray: Yeah, it's kind of like if someone calls you and they're like, Hey, I'm interested in a loan, and you're like, Okay, and you 93 00:10:23,090 --> 00:10:31,130 don't say anything at all? Like I don't want to do anything. It's the same if you're buying a domain, you're redirecting them to your site, 94 00:10:31,190 --> 00:10:38,000 and they got there and they're like, this is different than what I was expecting. You have to do your part. And that is now quite an experience 95 00:10:38,000 --> 00:10:44,180 that's going to convince them to work with you and an offer, you know, and provide them with whatever product that you give.. 96 00:10:45,620 --> 00:10:52,970 Johny Fernandez: Well, definitely an interesting article. If you haven't read it, go ahead and log on to deBanked.com. And then also, for any of 97 00:10:52,970 --> 00:11:00,200 our other articles and information about events like Broker Fair, that's gonna be happening on December 6, you can go ahead and also log on to 98 00:11:00,230 --> 00:11:09,140 debanked.com. And also follow us on our different platforms. We have Instagram, Facebook, social media, LinkedIn, definitely follow us. So 99 00:11:09,140 --> 00:11:16,730 excited for Broker Fair, it's gonna be a big deal this year, because first time and yeah, you know, since pre COVID, so it'll be exciting. So 100 00:11:16,730 --> 00:11:20,990 if you haven't signed up again, check that out. Sean, anything else wants that before we wrap up. 101 00:11:21,020 --> 00:11:23,840 Sean Murray: That's it. Thank you for tuning in. And we'll see you next time. 102 00:11:23,840 --> 00:11:24,620 Johny Fernandez: See you guys next time.