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Wednesday, January 14, 2009
How to Buy and Sell Domain Names Profitably
I have been asked time and time again by my readers of how best to buy and sell domain names profitably and without stress. In my no-holds-barred research approach and attitude, I earnestly went to work on that assignment. My findings have been serialized in this article for the benefit of all.
What is a Domain Name?
Domain name is an online unique identity that distinguishes one web site from another. It could be your personal name, your offline business name or any other name that has not been registered by somebody else online with domain registrars.
Buying and selling domain name is a serious and big business. The good tiding is that you can start with as little as $8.00 and rake in profit of say, $1,992.00 within a month. That is the naked truth! All you need to excel in this domain name business is a bit of your creativity and ingenuity. Your creativity can out perform any known robot or software so far developed. This is because as you check for domain name availability on the Internet, other names naturally come up as you are told the one you want to register has been taken up. In my experience, I have found out that premium and generic names sell fast and highest on the internet. This is so because business people are desirous of either protecting their brand names or want a name that will easily ring a bell to any internet user. Therefore, they can go to any length to ensure that they repurchase their names if it has been registered before they do. This is where the money juice lies! It becomes a matter of bidding. As the saying goes: The highest bidder wins the deal.
If you are low in capital to jump-start your dream business, the cheapest and easiest place to start and earn a reasonable seed capital is in Domain Name Business. Also if you ask me for an excellent resource/e-book that succinctly outlined the basics of domain name selling in easy steps please email me for recommendation for your financial freedom.
Heard of Domain Parking?
Do you know you can register a domain name and be earning money without hosting it? To this end, you wont be tied to any monthly fee whatsoever. You earn revenue from one-time investment of buying a domain name throughout the year. It is as sweet as that! The simple thing to do is just to park that registered domain name with a parking company and voila, you start earning cool bucks.
Domain parking means registering a domain name and pointing it to a parking company (at no cost of course) so that your site will show a page with adverts when any internet user searches key words or key phrases that relate to your site adverts. When someone clicks on those adverts you earn money. That is domain parking, pure and simple! It is akin to putting google adsense adverts in your site. However, parking is simpler since you do not need to worry about designing a website nor pay monthly web site hosting fees. Truly, online business ideas are limitless. Domain parking is really domain monetization business.
Marketing and Profiting from Domain Name
If you are in the camp of buying and selling domain names, what you should do is buy popular, premium, generic or key words or key phrases that will be easy to remember and market. People are Charm And Luck Handbags enthralled with unique names. There are whole gamuts of a combination of key words that have not been registered. Market them and profit from it. It is your business! But beware: You cannot run this business and excel with naivety. That is why I am recommending a great resource that I can cross my heart for to you when you reach me on email as a quick start.
Take action, become a domainer and add it to one of your income streams. It is a win-win deal!
You will excel!
Oseremen Aigbokhae is a Multi-Disciplinary Business Consultant and Freelance Writer. He can be reached on edose345@yahoo.com for his services.
Posted by bobbidmzmspy | 10:10 AM | E-mail this post 
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