Make Money Online Through Buy and Sell Domains
Buy and Sell domain names is the most powerful way to make money online.It is powerful than blogging and
affiliates too.However, with over 70 million domains already registered, it can be daunting to try to find the right domain that will give lot of money.
Hardly buying a domain will cost $4 to $10,but you can sell the same to $1k+.Is that so easy to buy and sell? How people are earning then? The business is all like buying a house or place and sell it with some margin profit.Yes,Its all like real estate.
Getting Started: Business is all depends on your creative thinking and dare to decide what to buy and what not to.First of all you need to research on what type of domains to take and how the business goes online.Just to start and know how the things go and players play around the market,we have a great forum called Namepros.People around the business will be discussing different methods and issues there.So,just join and observe the conversation for a couple of days.
What and What not to Do: You need have in depth idea on what domains to take up and what not to.This is all depends on research and the vision you have towards business online. The king of domain extensions is .com,So we need to concentrate more on that area.And try to check the fancy and cache names to get more profits.Here are some of the tips to help in deciding the domain:
- Fancy and cache names
- Short names are preferable
- Try without separators
- Don’t infringe other companies trade mark
- Don’t try to imitate the other companies domain pronunciation
Resources: I came across the following good list of resources at Mikelopez blog.
For domain parking services, recommends the following because of their on time payments and great support.
- Parked.com
- Fabulous.com
- Domainsponsor.com
Newbies however may find it hard to get approved on this websites, so he further recommends the following:
- Namedrive.com
- Sedo.com
And for alternatives to traditional parking:
- Whypark.com
- Domainembarking.com
Lastly, domainers forum and resources:
- Namepros.com
- DNforum.com
- Domainstate.com
- DNjournal.com
History: How much are generic dot coms worth? Well, the highest sale so far in 2008 is Fund.com which sold for the tidy sum of $9.9 million, Invest.com came in at number 5 and sold for $1.015 million, NewlyWeds.com on the other hand was number 53 and sold for $130,000.You can find top 100 bids of 2008 on DNJournal.
I will come up with all the details on where to start and end in my upcoming posts.Till then,hope this will give you a brief picture about the business.
Have you ever tried this concept? Share the tips with us! Happy Blogging!
Hard to believe the fact that how these domains sold for that huge amount.
One domain sell is enough to settle in life
As he said – ‘Our creativity and thinking is the main criteria of this business’
Nice writing style. Looking forward to reading more from you.
Chris Moran
Its hard to buy a good domain. As you said its all dare to decide or buy.
Are you entering into this business Lax.
Its too risky and too profitable business lax. But as you said already 70 million domains sold out,How to find good domain in that.
Too difficult job
@Tipstouse,
Yes,you’re right yar..one good can domain settles you life
@Chris,
Thanks for the Comment chris
@Evelyn,
No evelyn,am not trying that business.But,will enter after reading whole and soul about that.
@Karteek,
Need to search with eagle eye to find good domain names.
Great stuff here.thanks for sharing
Not that easy to earn thru this one.Need to invest lot money first before getting back profits.
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It’s definitely a great way to make some money although its not easy. You have to be able to catch a trend and grab the domain before it’s taken. Good way to find domains are to check out keywords and not only park it but try to fill it up with useful information.
@ Lax,
A very good article for starters…
@Karteek,
The risk is of time and not the investment[$7 is not great if you can earn back in 100s]. You need to spend a lot time to research for the best domain names. It is also very important that you will find domains with very less number of letters, but remember iufjz.com may be free, but it won’t sell, intelligent hunting is important. You may read on tutorial from me.
You should not start into this profitable business if you don’t have enough time to spend.
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Interesting! I had a thought of it before. But I don’t have enough experience in this…
Yeah, the fact lies in choosing a right domain.
@Rowell,
Thanks for sharing your opinion dude..Keep coming.
@Pavan,
You are right.Need to spend very efficient time to buy a good and short domain name.
@Read2Know,
Am also waiting for proper experience to try that business.I think it take too much time to learn all the tricks
I agree with Pavan.
Investment is very less because you are not trying to buy already parked domains.
So as pavan said it will only costs below $10 for you.But if that is really a good domain,you will get …..
openforsale.com is also a good place where you can buy and sell. Good business if it clicks.
@Pavan,
Well said man.
Along with time money also,because only $7 doesn’t matter.but $7 into multiple times,because you can’t just sit by keeping one domain with you right?
You need to spend much amount on multiple domains just expecting to gain back
@Pavan,
Unable to open your link here in Comment. error “Address not found” May be its down time!
@Karteek,
Pavan site seems to be down for some time now.Anyway i just sent him the mail informing this.
Thanks for your return Comment dude.Good discussion going on this as well
@ All,
Sorry guys, my site was down for some time. Now it is accessible. And also if you are little experienced, you can try out the 5 letter domains I have listed there.
But I myself feel some problems with those listed.
In my opinion,
* The 5 letter domains I have listed are better if you are going to start a service there.
* They are not specific to any niche. So, I don’t think you can sell them by simply parking.
* If you work on them with a killer service / any cool ready script and give the domain name an impressive definition, you may make good bucks.
Really good discussion is going on here… Everyone of us are learning things. Thank you Lax
I sell and buy good domains at CzarDomains.com
Right now, anything to Do with energy is hot.
Getting high 6 figures for the domains.
@Pavan,
Thanks for providing all those suggestions to my readers dude.
@Czardomains,
Getting 6 figures is grate man..But all the confusion is which to buy and which type of names will drive bucks to your pocket.
@Czardomains
It would be great if you can provide links to beginner tips for domain business.
@Pavan,
Good to raise that help
@Czardomains,
As pavan asked please share/transfer some knowledge for us..so that we can also participate in your site sell/buy domains.
I’m active in Namepros, a great site and useful for doing biz!(Credit Card needed then if not then it is waste).
If you have domains to sell, just email them to me and as it said, I only charge the listing fees of just only 10cent per domain for 100 days.
I Do not charge sales commission.
If someone is interested in your domains, I will forward them to you.
I don’t believe in charging the sales commission like most sites. I am here to support the domain industry and http://www.CzarDomains.com is the largest and the cheapest place for anyone to sell their domains.
Plain and simple
chrisgoh@CzarDomains.com
Right now I am looking at a better theme for the site, so if anybody knows of a good theme that goes with that site, please let me know.
Thanks
chrisgoh@czardomains.com
I just helped a couple of customers sold their solar energy domains and me domains.
I am hearing this for the first time. Are you doing this business or you just have some knowledge on this?
@Chris,
Check my 125*125 ad called “One theme” they are sponsors for techzoomin.and am also in affiliates with them,so if you want to my buy it will cost you $80 only.actual is 99$.
@Nihar,
Nihar this is very popular and profitable business.No I’m not yet into the business,just learning the basics to start
One good domain is enough to get 4 to 6 fig income.
@Chris,
Forgot to ask,don’t you give any discount to techzoomin readers
Its challenging to select a good domain.Because all the great names were taken already.
We need to explore extensively to grab the good one. Lax as you said one good domain name is enough to settle in life
@Chris,
Forgot to ask,don’t you give any discount to techzoomin readers
I only charge 10cent per domain for 100 days..that it.
Other sites charges ridiculous fees for listing and after the sales.
I get nothing after the sales.
*** I prefer to get free themes rather pay.
thanks
There is a secret in getting/acquiring a good domain for cheap .
Yes, One domain is enough to set you for life!!
@Chris,
I just asked for fun..really 10cents is reasonable and cheap compared to others.
You are not looking for sales commission,that is great news.
[...] Make Money Online Through Buy and Sell Domains Posted on Friday, January 9th, 2009 in Adsense & Money – Comments: (32) Buy and Sell domain names is the most powerful way to make money online.It is powerful than blogging and affiliates too.However, with over 70 million domains already registered, it can be daunting to try to find the right domain that will give lot of money.Hardly buying a domain will cost $4 to $10,but you can sell the same to $1k+. [...]
Even though I am not a pro, I have tried to explain How to earn with domain names. Just check out the Article with Title-”Smart tips to Invest and Earn Money through domain names” http://www.techfreakstuff.com/2009/01/earn-tips-investing-domain-names.html
@ Tech,
Good article you hosted dude. Thanks for sharing that sutff.
hey Lax i am not aware of this, thanks buddy for sharing i think i also have to start other activity also other than blogging to earn some good money
We need try many more ways to make money..Diff to get enough money only through blogs
You can also make money from your parked domain from google Adsense.
Instead of having a site not found on the page, google will provide a relevant links as ads to encourage the users to click and visit the link they provide.
And it is also very easy to install.
I don’t get what you mean by parking domain service..why newbie is hard to get approved by those websites?
I got so many buck from this businesss. Your article make clearly this is good business. thanks