Buy/Sell Domain Names! Is it Profitable?
I’ve just recently stumbled across a few web sites like namepros.com and dnforum, websites that focus solely on the buying and selling of domains. And I “gotta tell ya” I used to be quit impressed to listen to a number of the success stories.
Currently from my understanding, I believed cash in on domain sales died at the top of the dotcom Boom. However from what I’ve seen and heard, It appears prefer it can be a lucrative business. Naturally there’s a lot of to it than shopping for a domain name for $5.99 a year and turning around and selling it for $4,000. To return across a domain name (whether self created, expired, or purchased) spending time advertising it, sending traffic to where it’s parked, finding a broker, doing the things you need to try to to to up the worth of the name, it’s appears sort of a terribly time consuming business.
However if you visit Sedo.com you’d be amazed at the costs that a number of these domains are going for, $five,000, $10,000, even more.
It appears to me sort of a hidden art. There is not terribly abundant talk concerning it in the general internet marketing forums. And everywhere on the net you see ebooks on “How To” write ebooks for profit, do JV (joint venture) deals, ebooks on website traffic, blogging techniques, affiliate marketing, rss feeds…… on and on and on and terribly little data on the business of buying and selling domain names. So meaning it is a business who’s time has passed or a very lucrative one that’s hidden from the individuals who jump on the bandwagon.
Simply wanting at current events and doing domain checks on bound subjects tells me how quickly smart domains get snatched up. Believe it or not the name Farris Hassan dot com (sixteen year previous boy who visited Iraq) is already taken.
From my studies it looks that there are a choose few who are generously benefiting from the shopping for and selling of domain names. As I mentioned on top of there is alot of work concerned but if your willing to join some membership sites, learn a few advertising tricks and get into the sport, the selling of domain names can be a very lucrative business.
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