What comes first, the domain name or the business idea?
For Peter Askew, the author of a viral blog post called “I Sell Onions on the Internet,” the answer is always the domain name.
Peter is fascinated by expiring domain names and how they’re treated like physical assets.
This is how he ended up with VidaliaOnions.com long before he had any plans on starting an e-commerce site shipping onions.
Peter took that domain name, partnered with an award-winning onion farmer, and last season shipped more than 64,000 pounds of onions!
(Prices range from $2.50-$7 per pound so you can estimate the site doing multiple 6-figures in revenue.)
Like the product itself, this is a business with layers worth exploring. From the domain name to the farmer/supplier relationship, to the marketing efforts, and to the logistics and customer support that make it all work.
Tune in to hear:
why Peter says starting with an expired domain name gives you “a small unfair advantage” how he found a supplier and manages the logistics of his business his marketing and customer support methodsFull show notes
417: Make Money Online: The Freelance Business Blueprint
416: Minimum Viable Memberships: Build a Recurring Revenue Online Business
415: How a Couple College Students Started a $6000 a Month Side Hustle
414: Raising Innovative and Entrepreneurial Kids: The Next Generation of Problem Solvers
413: $10k a Month on YouTube - Without Filming or Being on Camera
412: 20 Questions with Nick: The Side Hustles I'm Most Excited About Right Now, Side Hustle Ethics, Charging Your Friends, and More
411: $40k a Month in 15-20 Hours a Week
410: $50k a Month Online in 2 Years
409: How Matt Tripled His Business
408: $10k a Month Watching Ink Dry
407: 135 Recurring Weekly Customers
406: $4000 a Month in Flipping Profits
405: 10 Unconventional Money Rules
404: Email Marketing Tips from Australia's Best Marketer
403: "Local" E-Commerce: Building a Following for Homemade Products
402: Merch by Amazon and Print on Demand in 2020 and Beyond
401: The Productivity Pyramid: A Simple Framework to Make Real Progress
400: Low Startup Cost Business Ideas from Side Hustle Nation
399: From $100 to 7-Figures: Amazon FBA Retail Arbitrage Case Study
398: Build a Website or Buy One that's Already Working?
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