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Q: Intrnet and website idea ( No Answer,   2 Comments )
Question  
Subject: Intrnet and website idea
Category: Miscellaneous
Asked by: layman-ga
List Price: $100.00
Posted: 25 Jul 2004 11:20 PDT
Expires: 24 Aug 2004 11:20 PDT
Question ID: 378836
I am  relatively new to the internet(3 years) and am constantly amazed
at all the information at peoples fingertips.However, their is so much
garbage on the net it is hard to find lnformation you want, and when
you find it, it is not allways easily understood.
My idea is to provide information that is simply explained (anything
and everything people want to know and understand,if people can
understand the basics, they can then move forward and learn more with
out being confused.)It would be a good,clean, fun informative website
for everybody.
Is their a market for this type of website?
Is this a good idea?
We have the domain names simplyexplained.com, explainedsimply.com,
explainsimply.com,simplyexplain.com along with other extensions,we
have had the
set of dot coms valued by three appraisal sites varying from $2,000 to $50,000,
which one is nearer to the true value, as their is a big differance?
I think with the right vision and enthusiasm it could be a great
success,what do you think?

Confused. Not for long.
simplyexplained.com


i

Request for Question Clarification by pafalafa-ga on 25 Jul 2004 11:39 PDT
Hello layman-ga,

I agree.  The internet is absolutely amazing.  And confusing!  There's
a lot to be said for simplicity.

There are a number of sites that try to divide the world of knowledge
up into clear-cut, understandable bites.  The one that sounds closest
to your suggestion is about.com, and I suggest getting yourself
familiar with this site if you are not already.

As for your question, I'd like to ask...how can we best help you?  

We probably don't have any insights to offer on the value of your
domain names, beyond what the appraisal services have already
provided.  You will only learn the "true" value of the names at the
time you put them up for sale, and see if there are any takers, and
how much they are willing to offer.

Beyond that, what sort of information can we provide to help you in your venture.  

Let us know, so that we can best focus our research efforts on your behalf.  

Thanks.


pafalafa-ga

Request for Question Clarification by larre-ga on 25 Jul 2004 13:16 PDT
Hullo, 

For the layman (including layman-ga  :-) ) the domain name appraisal
method is not really useful in determining the potential of a
particular idea or website that might be built to share it.

Quite frankly, for the average individual with a domain name, the true
value of that name is exactly what -you- would pay for it, whether
that amount be $5.99 or $50,000.

A domain awaiting content is worth (to you) only what's been paid for
it. In order to have real, salable value, a website must have an
income. Income from direct product sales, or income from advertising,
or other fees which constitute a legitimate return on investment.

If you wish an honest appraisal of worth, select a domain that is of
similar number of pages, with the sort of information you envision,
and the sort of visitor base you are targeting. Seek the advice of a
well established business broker to find a legitimate business
purchase price, which should include (like Real Estate appraisals)
valuations of comparable business -sold recently- for similar prices.

Colleague Pinkfreud's example of How Stuff Works is a good comparison. 
How Stuff Works began as a homegrown site in 1998. I've watched it
grow to its current size and profitability over the past seven years.
In that same time period, I can remember several dozen similar
websites that have come and gone. It takes a tremendous effort, and a
prodigious  time investment, as well as infusions of cash, to bring a
website from zero to a million visitors a day and hold that position.

Beyond this there isn't much to tell about the potential value of
domain names. I can provide information on branding vs. domain names,
outline the process for website development, and show a sample plan
for a homegrown website that will take it from scratch to a reasonable
size and amount of traffic within a specified time period.

Would this information be of interest? 

---larre

Clarification of Question by layman-ga on 26 Jul 2004 13:05 PDT
Thank you for your input so far. We agree that how stuff works is a great site,
and will look into about.com.
We beleive our website simply explained.com would be unique in the way it would
supply information cleverly, so that it would be easy to understand (their is 
infomation for everything out their but its of no use if you can not
understand it.)
It would be benificial to all walks of life (school kids for homework to adults
who are unsure how their pension schemes work,or on less serious
matters like how to tie a bowtie),
It would be intresting and fun but serious where need be.
This website has numerous ways it could be implimented(it could even
have a section that is simular to yours.)
We understand that putting this into practice would take time, money
and a lot of hard work.
We need general feedback of our idea(is it a good idea?)what do you think?
How can we market research this on the internet?
Setting up a website on this scale would take alot of finance but
could become very successful,who/ where could we find a suitable
financier?

Layman

p.s Do you like the slogan?














9
Answer  
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Comments  
Subject: Re: Intrnet and website idea
From: pinkfreud-ga on 25 Jul 2004 11:43 PDT
 
One of my favorite sites which explains things in simple terms is
howstuffworks.com:

http://www.howstuffworks.com/
Subject: Re: Intrnet and website idea
From: forge-ga on 26 Jul 2004 10:14 PDT
 
How Stuff Works is one of the best sites on the net. Hands down!

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