Bought A Domain: Beginning Of An Empire?

Alright, haha. This post isn't to announce the beginning of my online empire, but it is a first in my online carreer.

Last night I bought the domain name Why? Because there is a new site I see getting popular with the URL The idea is that, if someone types the URL in incorrectly they will go to my page, which will have relevant affiliate links on it that I can make some money from.

Any time someone types in, they will be redirected to a 'parked page' as it is called. Many internet marketers have tried this tactic, so I've just taken this wisdom and applied it. It cost me 10 bucks (I'm certain I could have got it cheaper, but too late). As long as I make 10 dollars this year, I'll be at least glad I took the risk. If it makes 20, I'll be alright with it.

But, will it succeed? It's hard to tell. Most people trying to located the BlogRolled website will likely be bloggers, and that likely means that they will be told of the site by a fellow blogger. That means they come via a link, which implies there will be no typo which takes them to my website.

Furthermore, there's always the high chance that BlogRolled won't become a popular website. It is a place for bloggers to sell a link in their blogroll, which may or not be a good idea. Advertisers may not be willing to give money to a low traffic website, and a high traffic blog may not be willing to lose credibility by selling spots in their blogroll. If the website can't catch on quickly, it will likely fail.

Then, if people end up wanting to go to the website and accidentally come to mine, they are likely to realize they're at the wrong place and leave. I need to target what I do on this page of mine heavily towards bloggers. I plan on making it as useful as possible.

I'll let you know how this goes, but as you can tell from my post I've already identified many shortcomings in this plan. Maybe somebody will by the domain off of me. Who knows.

What do you guys think? Am I crackpot for doing this?

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