I’ve been asked this question by several friends and colleagues as well as by several clients who own numerous domains and don’t understand what is the smartest way to utilize them.
For example, if you have a great old domain, say runningshoes.com that was registered in 1994 and you also have woodenbarrels.com that was registered in 2005 it really depends on WHAT you are selling.
The goal is to rank high for things that your target consumer is already typing into Google now.
So if you are selling ‘Wooden Barrels’, then the choice domain to build around has got to be woodenbarrels.com.
Okay, so with that said, if you still own the runningshoes.com site and can’t do anything with it, simply 301 the site to woodenbarrels.com and forget about it until Nike offers you thousands to buy it.
Onto your barrels now – here is the question: Should I buy woodenbarrels.net, woodenbarrels.org, barrelswooden.com, thewoodenbarrel.com, woodenbarrel.com, woodenbarrel.net, woodenbarrel.org?
Are you ready for the real answer here?
Here is the catch:
If you really want to rank first for “wooden barrels” and drive traffic to www.woodenbarrels.com, it isn’t buying the domains and forwarding them that is the key here. The real key is your competitors and preventing them from owning domains with the keywords you want to rank for.
So, go ahead and buy any domains that a competitor could potentially purchase and compete against you with, especially if your main keyword phrase is in it.
Initially you may think, “I don’t have to worry, I have woodenbarrels.com”. Then when you see Pay-Per-Click ads for ‘woodenbarrel.com’ coming up for searches on “Wooden Barrels” you’ll kick yourself for saving the $9.99 in the decision not to buy the domain when it was available.
Another alternative(which you should be doing anyways):
Build a really really great site, with awesome content, updated daily with meaningful information related to your topic and become the authority on Wooden Barrels. In conjunction with SERIOUS link-building, that’s the secret to ranking.
Your friendly neighborhood SEO