Can any one company turn a domain into a business?

[AMERICAR]

For your interest:

“The word logo translates the same in English, German, French, Italian, Polish and other languages. Once they visit our site, we’ll give these customers the ability to shop in their own language. Because the word logo is relevant in so many countries outside of the U.S., Logo.com gives us the ability to compete on country specific search engines.”

http://techcrunch.com/2010/11/02/logo-com/

//spending £400,000 on a controversial new logo for the London Games.. //

http://www.telegraph.co.uk/news/uknews/1553545/Olympic-chiefs-under-fire-for-puerile-logo.html

 

[tekz999]

I think the intention of this topic is to elaborate on ideas, and then absorb the good ones, and turn high impact sites into a website building business.

 

[David G]

Don't understand how the buyers of logo.com can recover the big investment since both logos and logo buyers are so cheap. I admit I am too and find the free logos you can make at places such as cooltext.com more than satisfactory for my needs.

 

[strongvis]

Don't understand how the buyers of logo.com can recover the big investment since both logos and logo buyers are so cheap. I admit I am too and find the free logos you can make at places such as cooltext.com more than satisfactory for my needs.

How does Lexus make money when you can buy a Kia for half that price or ride a bike for 1% or walk for free ? Thanks for your concerns

 

[britishbulldog]

I am in the process of doing this right now with a company I met while at a traffic conference. The thing to realize (which I may not have realized earlier) is that on an original idea, you have to write a complete business plan, become the project manager, be the beta tester, and become the problem solver when you run into the daily problems that comes with an original idea...oh yeah...and be the bank as well. The developer basically does what you instruct them to do...If the developer could really take care of everything aside from the idea (and the bank)...that would be amazing and I would be willing to give up some equity there on a high end domain.

Spot on !

 

[A D]

How does Lexus make money when you can buy a Kia for half that price or ride a bike for 1% or walk for free ? Thanks for your concerns

That's a great line, best of luck with your new venture I am sure it will be a success.

-=DCG=-