Skretvedt says: “We created what is now Domain Builders a little over 7 years ago after having purchased so many different domains for a number of national marketing campaigns. The success of many of them continued long after we finished marketing the product and/or business. We quickly learned the importance of having the right domain name behind each business. After a number of months of studing, reporting and optimizing these trends we began aquiring domains for a number of different businesses we started and future projects we and others thought of. With time obviously, many different entrepreneurs began contacting us about the domains that fit the same or like business ideas we may have already started.
It was around this time that we began to start many different joint partnerships and ventures. Many times you can have the “best” domain you can think of, but without a good business model behind it, it can mean very little. Case and point is looking at many domain name auctions, investments made in the millions for one name, but often times over 75% of them are still parked or not resolving. Of course this doesn’t mean they don’t have any value. Many times generic, trends, high searched keywords and well branded names are sold for the name only in the millions of dollars or yearly multipules of the monthly revenue each domain generates from each click and/or lead.”
Skretvedt continues, “With this in mind we have, for almost 10 years now, been acquiring domains for our own ventures and future ventures. For many of our sites & domains, we have no interest in selling because of the growth in monthly revenue each month far outweighs years of multipules on a sale. We have had a lot of success in partnerships and straight out sales over the years and look forward to the many opportunities ahead going into 2011. ”
Joel Skretvedt, Founder
