Have you heard about domain names that sold for over a
million dollars? Inspired by this, you imagine registering
a great domain name, hanging onto it for a while, and then
selling it off to become the next multi-millionaire. It
could happen, but don`t count on it!
First of all, many of the truly great domain names are
already taken. Second, the dot com bust took some of the
wind out of inflated domain name prices. (If you sell your
domain name for millions of dollars worth of stock in a
publicly traded dot com flop, what is the name really
worth?)
The cybersquatter buys domain names totally on speculation.
Sometimes he will register names of famous brands,
companies, or individuals. Time and again, these domain
name speculators learn the hard way that they must respect
intellectual property rights. They hope that some large
corporation will pay big bucks to them for the use of the
company`s own (already trademarked) name. Instead, they
end up with threatening letters from a law firm for their
attempts at extortion.
However, you can still make money from domain names if
you are sensible in your approach. Here are some
suggestions on ways to profit.
1. Affiliate Programs: Use your domain name to promote an
appropriate affiliate program. Either redirect to the
affiliate site or write a review that links to them.
2. Informational Sites: Create content and then profit
from it by earning advertising revenue through Google
AdSense or a similar program.
3. Redirect to Your Own Site: Some reasons you might want
to do this include preventing competitors from using a
particular domain name and benefiting from searches some
users perform by domain name. (For example, if they wanted
to order flowers, they might just type "flowers.com" in
their web browser. You could get some traffic and sales
this way.)
4. Product Sites: Create your own or sell someone else`s
product appropriate to your domain name.
5. Park Your Domain Names: You might feel that your name
has real potential for resale value. There are companies
that will allow you to park your domain on their servers,
advertise that your name is for sale, and split advertising
revenue with you.
The trick is to generate traffic for your domain name. That
traffic in turn will create revenue. Then, when you go to sell
your domain name, you will have a few things going for you.
First, you will have a fully developed website. A fully
constructed building on a piece of land increases
the value of the real estate property. Similarly, the
value of your domain name is enhanced by a complete and
operating website.
Second, you have traffic. Just as a shopping mall with no
traffic results in no sales, so a website must have traffic
to generate income.
Third, you have income. An income property, such as an
apartment building, can be appraised on the basis of its
income (as well as other factors). Similarly, the gross
income, net profits and cashflow of a website have value.
For example, if someone offered you $1,000 for your
domain name and website when it was generating $10,000 per
day in profits, you would likely laugh at him.
You really can profit from your domain name investments
by adding value and properly developing your web
properties.
For further information about profiting from domain names,
visit How You Can Really Profit from Domain Names - Work at Home Small Business Ideas
RESOURCE BOX:
J. Stephen Pope, President of Pope Consulting Inc., Business Ideas Directory: Profitable Business Opportunities & Tips has been helping clients to earn maximum business profits for over twenty-five years.
For valuable Work at Home Small Business Ideas, visit: Business Ideas Directory: Profitable Business Opportunities & Tips
A membership that has rarely been available since opening in 2003 and a price tag of $97 is almost too good to be true, especially considering the opportunity that is knocking. If you choose to open the door to this opportunity by joining the Domain Sellers Club, you could be opening the door to a whole new life for yourself and your lived ones. One of the most sought after memberships in the industry,
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You can advertise your domain for sale on forums where web designers hang out.Few places that you can sell your domain
1- godaddy
2- sedo.com
3- ebay
4- forum.digitalpoint
I sold one a couple of months back. I used Godaddy.com and it sold pretty quick.
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Nive work, buddy~!
Hi, the above article is really nice i have learned lot’s of things.
There are so many websites that do this for you. They broker the transaction to take some of the risk out of it kind of like Paypal cuts down on the risk of internet money transfers. Just Google phrases like "website for sale". A few good examples for you are "sitepoint marketplace", "doba", and "namepros.com".
Good luck!
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Sounds pretty good,
I would like to thank you for this brilliant post.
You can advertise your domain for sale on forums where web designers hang out.Few places that you can sell your domain
1- godaddy
2- sedo.com
3- ebay
4- forum.digitalpoint
I sold one a couple of months back. I used Godaddy.com and it sold pretty quick.
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