Tuesday, August 19, 2008

How To Register And Sell Domain Names For Profits

How To Register And Sell Domain Names For Profits


How I register Domain Names for $8 and Sell at a profit!
Myolineoffice.biz was sold for $450, Musicvault.com was sold for $4000, while iblaster.com for $3,000.

The naked truth: I was not originally selling Domain names but I went into it when I discovered the real money in there by luck and chance. I have registered and kept a domain name and kept it for future use when two different companies sent me mail asking for the price of my domain that they want to buy it from me. It as after the sale of that domain that I discovered that I was sitting on a goldmine and never discovered it!

If you are looking for a real money making investment on the internet by part time or full time selling to the whole world and making real income, then you can begin buying and selling domain names today.

Domain name speculation has to be one of the very best ways to make money on the internet. It’s easy, fun, takes a very low investment and has a huge profit potential. Businesses and webmasters are always looking for high quality, marketable domain names and will pay you big bucks if you have the name they want. May people are making a good living buying and selling domain names. And you can too. Even as you read my e-book now, truth is that I might be online searching for names to register.

Domain Resale: The Real Online Estate:
Domain names are like real estate and that is why it is one of my investments. The truth is that I look at domain names as “real estate” on the internet. I remember people who are telling their stories that they bought this piece of land for such a small amount of money 20 years ago and now the value of that piece of land has skyrocketed!

Do Not Have Enough Money?
I realized that I don’t have enough money to buy several “real” estates but I can start investing in internet real estate – i.e., domain names. Ideally, one should buy a .com, .net, .biz domain. You can also try investing in misspelled domain names.

What Make a Good Domain Name?
The suffix is the most important factor. .COM, .NET, .BIZ and .ORG are by far the most popular. Other alternative domains like .WS, .TV, .FM, are becoming more and more popular because they are wide open. For example where you couldn’t get DW.com you can still get DW.ws 9well maybe not anymore).
However, .com will be the easiest to sell.

Would A Webmaster or business want it? Ask yourself that question and if you can’t instantly say “Yes!” then don’t buy it. Also the more generic the domain name, the better. And remember it is illegal to register a business name or trademark that you do not own. This is called “cyber-squatting” and tough laws are now in place to protect against this.

The shorter the name, the better. These are the most memorable and easiest to market. At the time of writing this, there are only about a thousand three character domain names left. If you are creative in terms of words or phrase thinking, then you are there.

What names are selling? Do some research on eBay.com or Afternic.com (popular domain auctions) and see what names are selling and for how much.

Domain Brokerage: A Goldmine
Where To Buy Domain Names at a Discount
When I started domain registering business, I was buying from wsdomains.com for $15 until I discovered www.007names.com where I buy for $8/domain/year. I still have some domains registered with godaddy.com

.com domain names can be bought for less than $10. Yahoo! has an ongoing promotion for its domain names. Yahoo! Offers domain names for only $2.99 and it includes 24/7 support, web pages and forwarding. You don’t even have to wait 20 years to sell domain names at a profit. Take a look at the domain names sold at Afternic. Musicvault.com was sold for $4000, myonlineoffice.biz sold for $450, iblaster.com for $3000.

My Domain Name Portfolio
I have around 18 domain names – some are developed websites while some are parked at sedo.com who is my domain broker. There are also other places where you can keep your domains for free and wait for bids and buyers. I also recommend GoldKey.com

I have earned good money from Sedo.com for my domain names by just registering and keeping my domains for them as my broker. Sedo will also pay you for parking your domain with them. They will pay you for click throughs.
However, you should try to register your domain with alexa.com and some other site ranking sites. Developing a web site for your domain is very advantageous as you can sell it off with high traffic. You will also need to join Domain Resell Forum where issues relating to registering and selling domain names are discussed. You can also sell directly on the forum.

Who Is A Domain Broker?
A domain broker is a company that acts on behalf of both the buyer and the seller of a domain to complete the transfer/sale of domain from one registrar to another.

How To Start Today: Whether you are a student, self employed or working for someone, you can start this business.

First, you need to set up your Credit Card or get a payment solution in the form of VISA CARD, which can be set up in 5 minutes.

Register Domains: Go to yahoo.com and search for good names that you can register as domain names for just $2.99/year and register it immediately. Note that Domain ownership is based on first come and first serve. You can also see domains that are about to be deleted and buy it. For real resources, visit www.igoldrush.com

Account Set-up: Sign up for a free account with any Domain Broker. You can sign up with Sedo.com or GoldKey.com’s Domain Parking service which enables you earn money from your domain names without the need to develop your own website. They offer branding of your names, real – time statistics, higher click through rates, and a wide range of customization features to help you maximize your Portfolio!

Account Creation: Upon completion of your sign-up, you account will be created and this will enable you to forward your domain names directly to your very own branded landing page.

Once you have created your own account which includes your User name and password, you can log in, add (list) your domains, park them and include the amount that you want to sell them. You also develop a web site for your domain and sell it to any buyer. You can add Google ad on your temporal site and make money from it till it is sold as this will bring traffic and PPC income.

What is Your Domain Worth? (Domain Appraisal): You can have services of domain experts who will appraise your domain. This is good but it will cost you about $80 to appraise your domain. Appraisal means accessing the worth of your domain in terms of popularity of name, shortness, easy to remember, viability, and pricing. There are free domain appraisals and paid domain appraisals. There are also automated paid appraisals and manual paid appraisal. I recommend manual if you want to appraise your domain before giving it a price tag. You will need about $40 to appraise each domain.

How Do I Receive Payments? All payments from your domain buyer, if you using a broker are paid into an escrow account. You can own your own escrow account by signing up at www.escrow.com but it has restriction on Nigerian subscribers. You can receive your money through your own domiciliary account. Once transfer of ownership has been made, your broker immediately transfers your payments into your domiciliary account and it will clear between four to ten working days. You can also receive your money using your graphcard account and pay yourself through western union or e-gold.

More on that in the BONUS package!

My Advice:
Many new domain sellers make the mistake of trying to sell every domain name for thousands of dollars. I advise that you can do much better selling more domains for a few hundred dollars. This way, you will have a much higher turn around rate. Remember you are registering the names for $8 and if you sell one for even $200, that is still a huge 2500% profit.

CONCLUSION:
As you can see, domain name buying and selling is a good way to make a great deal of money. It’s very easy and you can do it in your spare time. Get started today by subscribing free to DomainsWeekly.com, subscribing to DNSIndex (instant access to expired domains) and nay of the other available and expired domain. Register with Sedo.com and begin selling.

Good Luck!

3 Comments:

Anonymous Anonymous said...

Really Your blog is a great one. I’ve read the topic with great interest.Thanks to sharing
Website name registartion

December 15, 2011 at 2:19 AM  
Blogger Unknown said...

Intelligent domain valuation and estimation based on appraisal values and analytical data.
domain appraisal

June 14, 2013 at 12:33 AM  
Blogger Unknown said...

Great your website i have same too
Panasonic

June 14, 2013 at 12:35 AM  

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