How to Make Money on Dot Com Domain Names
Making money on dot com domain names is not difficult as long as you are willing to do some research and have time to invest in the project. Like many projects, the more you know about the concept, the more options you have and the more likely you are to succeed. Some investors have been very good at making money on domains, selling them for hundreds or even thousands of times their initial purchase price.
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Instructions
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Domain Parking
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Think up a domain name that might get typed in traffic (meaning people will search for it by name). Type the term into your favorite registrar, such as GoDaddy or NameCheap. Register it, if available as a .com, using your credit card. If not, think up another domain name until you find one that is available.
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Register at a domain-parking site such as Sedo. Follow the directions at Sedo and at your registrar to point the nameservers to Sedo's parking pages. Input descriptive terms at Sedo that best match your domain name. You can place it for sale at Sedo too, if you wish. Once set up at Sedo your domain will look a little like a website. People will click the sponsored links on your pages, and you will earn some revenue for each click.
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Add more domains to your chosen parking company to increase your potential earnings. Eventually you will earn enough that you will get a PayPal payment from them.
Domain Flipping
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Buy a domain name. You may also find pre-existing domain names through domaining forums, on sites like Sedo and Flippa and even GoDaddy. Alternatively, search for expired domain names on a site such as Just Dropped, and purchase those through your registrar.
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Offer your domain for sale at one of the sales sites (Sedo, Flippa or even eBay) or in domain sales forums. Place a minimum reserve on the domain if you desire. You may also wait a while if you have a not-yet-hot term or a highly valuable domain that you feel will be worth more later.
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Reinvest your domain earnings once you make a sale. Read up on current domain prices and top sales records on sites such as DN Journal to get a feel for the market. Pay attention to market trends when making your purchasing decisions.
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Purchase high-priced domains once comfortable and knowledgeable in the market. Sell these either via the Internet or by offering directly to large businesses for a large sum of money.
Domain Rental
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Register a domain that has specialized interest, such as a city name/business type combination (for example, DenverDentist.com).
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Build a sample website, if you have such skills, or simply call businesses that may be interested in the domain or completed site.
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Offer to rent the site to the appropriate business for a number of months or years at a time. You may also sell it outright.
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Tips & Warnings
A wealth of information is available about making money with domains. Home in on a the ideas you'd like to try (such as reselling expired domains), and research it as much as you possibly can. It won't take long to learn how to earn this way. The more you know, the better your odds.
Buy domains inexpensively from other domainers. Find some domaining forums and look in their sales listings. You can often find names for pennies on the dollar.
Pay attention to trends in the marketplace. Domaining is a lot like the stock market, full of ups and downs.
References
Resources
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