This truly is the business to get into in 2005. It's a red hot opportunity that savvy investors can make a killing on when you know how. And this article will walk you step-by-step through the money-making process.
Don't be put off by the term "investors". I'm not talking big money down here. As long as you've got a spare £5 a week then great money can be made for only half an hour of your time. Like the sound of that? Thought so.
There's a few ways you can make money buying domain names and selling them on for profit. And I mean PROFIT. You'll see why people will be scratching at your door to buy off you in just a moment.
Let's start with the basics.
All domain names are only registered for a limited amount of time.Registrars can choose to use the name for a period of between 1-10 years. After this the rights to these domain names expire and the user has to renew the name again. If they don't do this it will be placed on hold for a short time and then deleted. This means it is then availible for anyone who wants to buy it!
This Is Where You Can Cash In!
20,000 expired domain names are made availible each and every day. Some of them are very attractive and well-established names.
Example. Last year the owners of Race.com carelessly didn't renew their registration fee. It was grabbed (the term used to describe purchasing an expired name) by a savvy 'investor' for a few pounds and sold for thousands and thousands back to the old owner.
The owner was willing to pay huge sums for to the investor because he had built up qualified traffic over X amount of years and didn't want to lose all the previous custom.
Now I admit that making a sale for thousands is rare, but is certainly possible.
The likeliness is that you can buy a domain name and register it for £5-£50 and then sell it on for anything from £150 - £1000. Do this with five domain names a week, and your looking at a big sum of money for only a couple of hours work.
It's not just businesses that have carelessly let their domain name that will buy off you. It's other businesses too that will buy the name to get the old owners' traffic. It's a legitamate way of increasing your customer base.
And if the old owner and a new potential owner get into a bidding war...well..the sky really is the limit.
So there's two main reasons why people will be willing to pay YOU a couple of hundred pounds for a domain name.
a) They carelessly let the domain name expire. That means that they will pay you to get the name back to ensure that they don't lose their existing traffic that they may have built up over years and years.
B) They are a business in the same field as the one that has let the name expire and therfore will pay you to secure the exisitng custom of a rival.
Here's step-by-step how you go about this fantastically profitable part time business.
There are several sources of expired domain name information and reserach tools, some free and some that require a payment of a fee.
www.wehavethem.com supplies lists of names due to be deleted. Www.DeletedDomains.com allows you to do some searching free and more extensive searching for a $99 annual fee.You can search for names that are due to be deleted and also allows you to bid on newly deleted names that have already been grabbed by other 'investors'.
What you are looking for is an expired domain name with traffic in the last month of anything over 1500. Ensure that the site is an actual consumer site. There's no point buying a domain name if the previous site wasn't selling any goods.
If you see a site that had tens of thousands of visitors in the last month GET IT. The likeliness is that the previous owners will be itching to get their name back off of you due to its obvious success.
Also if you see a name with a large qualified traffic thats due to expire and has a high traffic volume use an automated grabbing system such as www.snapnames.com and www.pool.com. These will ensure the second they become availible you will have registered them. The cost is about $60 but only if they get the names for you. Definately worth it in my eyes.
Remember you could easily sell the name for hundreds, maybe thousands.
In part 2 we'll take a look at how you go about selling the names once you have acquired them. But in the mean time here's a few domain names which were up for sale at the time of writing this article. Now obviously not all names sell for this much, but it's a very real possibility that you could stumble across a gem in your business.
my.com $750,000
lovelife.com $350,000
fights.net $16,000
diet.us $35,000
askdoctors.com $7,500
dietary.info $6,000
lovemaking.info $10,000
textmeassage.net $17,000
ejobmarket.com $1,800
smokers.tv $5,000
teens.org $22,000
raregifts,com $20,000
The profits in this business are like no other. Now it's your turn to get your hands on your share in the billion dollar industry of buying and selling domain names.
When it comes to making a buck on the internet it seems that everyone has a solution, although few of them seem to work. But if you’re looking to capitalize on one of the most powerful cash earning enterprises on the internet that is actually making plenty of people money, you should check out domaining.
Domaining, Make Money Online By Domain Names
Investing in registered or expired domains can increase the visibility of your Website and help direct traffic that will convert to sales. However, with over 60 million domains currently registered, it can be daunting to try to find the right domain — one that will drive quality traffic to your Website or parked domain.
Domaining is a lot like stock investing, the very best in the field have moved beyond basic strategies and have developed their own specific formulas for success. But just as with stocks, to obtain the skills necessary to reach that advanced stage, beginners must first understand the fundamentals of strategic domain buying.
How does a domainer make money? They rely on the 15% of web users who don’t use search engines but instead just type in a web address. A good domain name can make hundreds, even thousands of dollars per day for its owner. For example, Cellphones.com makes an average of $1,300 a day just from people typing in the URL. The money comes from park domain PPC services like Google AdSense for domains. Google doesn’t advertise their domain service much because domainers seem to operate in some kind of shadowy world.
Domains in few high paying niches can even have $20 eCPM from Adsense. Recently domain costs specially old domain value has increased rapidly. Its getting tough to increase domain name portfolio but smart people are always finding there way out.
2 comments:
Domain names have become a very popular way to make money online, and some of these names may go for quite a profit. When the Internet first became popular, there were some people who had the foresight to buy the rights to some domain names that are very sought after. A domain name becomes public if the website owner forgets to renew the name with the provider, so it becomes a public domain name. These public domain names are available for purchase or lease.
Some investors will snatch up domain names when they become available, and then resell or lease the domain name to a website to be used for redirecting traffic to that site. The investor makes money and the website that gets the rights to the domain name can increase their traffic considerably. This process requires you to get the rights to use the domain name, and then sell it to a competing business which offers the same products or services.
There is also a market for domain names with the original owner who let the domain name lapse, most of the time because of simple forgetfullness. A lot of times these owners have invested considerable time, effort, and money into their website, so they are more than willing to pay to keep it. These owners will usually buy the domain name back from you if given a chance, sometimes at a large profit.
A third way to make money online with domain names is to buy up generic domain names that contain certain industry ketwords, and then offer to sell them within that industry to redirect traffic to the buyer's main website. The generic keywords will vary from industry to industry, so finding out the best keywords for the industry you are targeting is a good idea with this method. Generic domain names like horsecare.com, or accountingnow.com will have interested buyers in these industries, so finding one is just a matter of marketing your service to find the buyers.
Making money online with domain names can be a very lucrative source of income if it is done properly. Public domain names become available constantly, mostly because of a negligence to renew them. The three main markets for domain names include buyers who wish to use the domain name to redirect traffic to their own website, buyers who have lost the domain name because they forgot to renew it and have spent a lot to create the site, so they are willing to pay to regain the domain name, and domain names that contain industry specific generic keywords.
You can also make money with domain names by gathering up generic domain names that contain buzz words within an industry and offering them to the highest bidder to be redirected toward a main site. As an example, if you had control of a URL like "conferencecallnow.com" chances are you would find interest on the part of a number of the teleconferencing companies around the world. It is relatively easy to make money selling domain names that are generic but still apply to a particular service offering.
To make money with domain names, you have to have an eye for what will resell in a reasonable amount of time, understand what the market will bear, and have plenty of answers to the question "how can I make money with a domain name?" Any speculator who can do this will know exactly how to make money from public domain names.
ntroduction
One of the latest online money making strategies is to use Google’s AdSense and or to use Google’s AdWord programs. Each of these programs has the potential to improve your cash flow, however, you need to know how these programs work before you can make a realistic estimate about the kind of money you will be able to earn, and before you can determine which program(s) is/are best for you. This article will go over the basics of both Google marketing programs including what you need to do to join, how the pay structure is designed, and what you need to do to be successful in each program.
Google AdSense
AdSense is a marketing affiliate program where you place specially selected Google-generated advertisements on your web page that reflects the information and content of your web page. In return for hosting these ads you are paid based on the number of ad images, click throughs, or purchases made because of your web page.
Signing Up for AdSense
To become an affiliated member of AdSense you first will be required to fill out an application. You will be asked if you will be setting a business or personal account, and what country you reside in. This will help determine what types of ads will be most appropriate for your website. The second category of application questions addresses the URL location of your website and the language your site is in. You then select what Google products that you are interested in. You can select AdSense for content, AdSense for search, or both. Next you enter your personal information including contact information, and payee information. Finally you will be required to set up your password and access name. This is similar to setting up most other online services. Use an email address that is stable and that you will have for a long time, and select a password that you will remember. After entering this information and submitting your application, it will be reviewed.
Once your application is approved you will receive a block of HTML code that you will need to program into your website so that AdSense will be able to run and be able to be tracked on your website.
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