How to Make Money Buying and Selling Domains on the Internet

Make Money Buying and Selling Domains on the Internet

Rate: (4 Ratings)

Domain Names are internet real estate! The Domain industry is extremely hot right now. You still have time to make some good internet property investments. Read on to learn how, when and where to buy.

Flag Article

Instructions

Difficulty: Moderately Easy

Things You’ll Need:

Some Money ($8-$800)
Internet
Research Time
Dictionary
Thesaurus

Step1

Locate the domain you want to buy.
This is the hardest part!

Dictionary:

You can scour the dictionary and register just about any word from it in the .COM and .NET version. In reality, you'll find that most, if not all, of them are taken.

Thesaurus:

Combine the dictionary with a thesaurus and you can starting stringing together good combinations of words to make a domain name.

Like: freecredit - cheaphost - affordablehost - bluelithium

New Hot Products:

Do you know that digital music players are going to become a hot commodity? (like they did) If you know what's coming next, register the domain

Like: digitalmusicplayer.com mp3player.com

Generic Terms:

Snap up generic terms that are still availabe.

Like: creditcheck.com lawncare.com computermonitor.com

Step2

Which TLD (com, net, org, info, etc) Should you buy:

In general, to make money, stick with .COM. .COM is still the most sought after TLD, or extension.

If the term is really good (like 'creditcheck') then it may be worth getting the .NET or .ORG.

Some CC Tlds (country code TLDs) are popular too. .DE, and .CO.UK are the most popular CC tlds. .TV is also becoming a rather hot TLD.

Step3

Check Availability and Register Your Domain

Once you've found your term, you need to check it for availability and register it. Every registrar (agent with registers domain names for you) will let you check for availability and then register the domain name online with just a credit card.

Some registrars are cheaper and better than others. I recommend eNom.com.

Step4

Option: Park Your Domain

Now that you have your domain, you need to start making money. If you have a good generic term domain name, or you just think many people will visit your domain, the easiest and fastest way to make money is to park your domain.

A parking service will populate your domain with advertisers' links. Then, when people visit your domain, and click on the links, the parking company will share the revenue with you.

Some popular parking services are:

www.sedo.com
www.fabulous.com

Step5

Option: Develop Your Domain

This is an alternative to parking your domain, as described in Step 4. 'Developing' a domain takes more time than simply parking it, however, it can lead to more profit in the long run.

To develop a domain means to create a website and create content for it. One popular form of development is to start a blog (via free opensource software like Wordpress). Then, post some relevant reading and put Google Adsense ads on the side of your blog.

Be sure to keep your blog current. Encourage others to post new articles and comments.

Step6

Option: Sell Your Domain

There are many places you can list your domain name for sale to other domain investors, or to end users who may wish to use your little bit of internet property to create their website.

1.) Place a for sale ad on the domain itself.
2.) Place a note on the domain's WHOIS which states it may be for sale.
3.) List your domain on 'domaining' forums like namepros.com or dnforum.com
4.) List your domain name on sites like: sedo.com, afternic.com, greatdomains.com

Step7

Option: Keep your domain and profit

If your domain is making a lot of money from pay per clicks, just keep it and let the money roll in!

Step8

Sit back and let the money roll in!

Tips & Warnings

Choose your registrar wisely. Some offer vastly better domain management tools and customer service than others. Call their customer service before you buy to check.
Once you've decided on your new domain name, register it as soon as the check comes back as available. If you don't someone else will!

Comments

Jgoody4x said

Flag This Comment

on 7/9/2008 I have a few domains for sale like www.orangehills.info this is a premium domain from godaddy.com its other tld's are selling for $1000's where could I get visitors for ppc or sell it outright. its listed on sedo.com but no one knows its there. Help?

Digimas said

Flag This Comment

on 5/1/2008 I've been buying and selling domains for the past 4 years now and to tell you the truth there really isn't that much money in it anymore. There was back when I started but things have really started to wind down. Most good domains are already taken now and if you find one that isn't it's likely that you won't make much profit from it. I've switched over from doing this to making ebooks, selling blogs, advertising, and Ebay which I learned from this handy little ebook I found awhile back for only 12 bucks. Which I probably would have spent a lot more for if I knew how much info was in it. Took me awhile to find but here's the link if anyone's interested: https://digitalproductdelivery.com/buy/800
Hope this helps you guys.

frank said

Flag This Comment

on 8/27/2007 Usually, yes. You'll only need a very small hosting account. Your best bet is to find a host that allows you to host many domains in one account. You can find such accounts available for ~$5 per month.