Making Money from Domain Names - Best Blogs Asia
A step by step guide on how to make money from domain names, parking and auctioning.
After researching Yun Ye and how he made his money from buying and selling domains, I wanted to find out how I could do it myself.
Domain Overview
Domaining is the perfect web business model. Once the domain is purchased and the parked page is set up, there is nothing left to do except to collect the money. Unlike a site or blog, a domain page never needs to be updated.
You can try coming up with a completely new phrase for branding purposes, you can incorporate important keywords into 2 or 3 worded phrases buying the exact matched domain name for your main keyword. I purchase my domains with Godaddy, as I feel they are the most reliable.
Making Money
Domain values can come from typed in traffic, from users using search engines to find a particular item/subject. Some users may just type in say KEYWORD.com and expect it to contain the most relevant results.
Buying names can have branding benefits, for example toyrus recently bought toys.com. The association of Toys and Toysrus go hand-in-hand so made sense for them to purchase this name. Also by buying single keyword(s) names, you are more likely to be ranked higher in terms of Google listings.
Finally, the value of domain names is growing year on year. You could purchase a keyworded domain now, do nothing to the site and sell it for x5 it’s value.
Where can I find domains?
There are many options available such as contact existing site owners and make an offer, Use domain auctions, buy existing domains or search for dropped domains.
Auctions and Drop Domains Searching
These are sites that hold expired names or sale current owner’s names.
Domain Parking
“Parking” or locating your domain is an easy option to earn money. You link you domain to a company page, it had adverts on it and if the ads are clicked then you make a %. Google Parking is the best since it integrates with Adsense.
Conclusion
It’s very hard to get top level domains due to continual rising prices and backordering domains is even harder since most owners auto-renew domains. Consider country specific tld’s instead, heavily investing in upcoming keyworded .com’s and also building up own sites to create your own branded name.
