Wednesday, 29 April 2015

Make Money Buying,Selling and Parking Domain Names

For those who don't know what a domain name is or those who are hearing it for the first time,a domain name is the name of a website e.g www.google.com is a domain name. Domain name business is like a real estate business and just like owning a property, you can decide to keep it,rent it or sell it.
Domain name selling is getting or owning a domain name and selling it later to make profit. A domain name can also be rented out,this is known as domain name monetization. In this case,you can make money every single day from your domain name.
The principle of buying and selling domain names is that you must know how to create excellent domain names,domain names that will be sort after i.e domain names that people will love to pay for. For example the domain name www.wrestling.com was sold for $500,000. A good domain name should sound better,easy to recall and sometimes let it target a particular set of people or things i.e a good domain name should be a bit specific. Note that .com names are the best because it is popular. You can not register an existing domain name,so be creative. You can register a domain name for at most $30,which it may not be up to and sell it for $100 the same week you registered the domain name,meaning you made $70 profit. So,if you sold lets say 5 domain names in two weeks,you made $350 profit.

DOMAIN NAME MONETIZATION

In domain name monetization,you don't have to sell your domain name rather you monetize them,as in you park them on domain parking websites and adverts will be placed on them and for every click on the advert you get paid.Once you get a good domain name you can go to any of these sites to register them:
www.007names.com
www.namecheap.com
www.godaddy.com
As for me I prefer using name cheap when registering a domain name.
The next thing you do after getting your domain name is to park them and you can make $5 a day from making your domain names,the more domain names you park the more money you get. Lets say,you have four domain names and each domain name gives you $5 a day,you will be getting $20 at the end of the day for your four domain names.
You can park your domain name at these sites
www.afternic.com
www.sedo.com
www.revenuedirect.com
www.parked.com
www.dotzup.com

DOMAIN NAME SELLING

The kind of profit you can make fron a domain name is unpredictable. You can make serious money from domain name selling if you take it serious. Just one domain name can make you a millionaire,www.business.com was sold for $350 million.
Domain name selling is not as easy  as  you think ,it requires some serious efforts. For you to make serious profit from a domain name,your domain name must be popular and has a lot of traffic,it has to be a domain people will love to pay high for.
So,for you to achieve this you must,first pick a good domain name that is short(a name that is easy to remember and people will likelt search for. Secondly, you have to drive traffic to your domain name. You can do so by writing article and placing them on your domain name. Then advertise your domain on social networks like facebook,twitter etc. Make the articles you write SEO(Search Engine Optimization) friendly, so you can also get traffic from search engines like google.
You can sell your domain name in these sites
www.afternic.com
www.sedo.com
You are free to go through these sites to see how a domain name look like.

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