Sunday, February 5, 2012

Domain Market - How To Make Money Buying or Selling Premium Domain Names

By Darren W Chow

The domain market of today is one wrought with opportunity. In order to get the goods on the domain name that will make you money, it is important to know how to buy and sell on the premium market. It takes a great deal of expertise to be able to do this properly, but the good news is that you don't have to graduate with any special degrees. You don't need letters after your name or anything like that. You just need the drive to research markets and make purchases based on what names are the most popular. There are two ways that you can make money off the buying and selling of domain names. Clearly, you can create a domain name of your own and hope that others will notice. But this is much more of a crapshoot than the art of buying and selling premium existing domain names. Here's how to take control of your own destiny in this lucrative market.

How to buy

When you are buying existing domain names on the Internet, it is not unlike buying an existing home. Virtual real estate and brick and mortar real estate basically work on the same principle. The longer that something stays on the market, the less viable it becomes for selling at the top asking price. Of course, that is not to say that you can't buy, make improvements to the site, and then sell at a profit. But there will be certain commitments needed from you after the purchase. For starters, people are rarely able to "flip" a domain name that has been on the market for an extended period of time. Secondly, you do not need a lot of money to turn a domain into a hot property. All you need is a little creativity and ingenuity. Adding valuable content and taking the site in a specific direction can be appealing to potential online entrepreneurs in much the same way that improvements to a home can add property value.

How to sell

Selling the property can be either very difficult or very easy. So much of it depends on being at the right place at the right time. But by creating quality reasons to buy, your job as a salesman is that much easier. Hosting providers often have a direct link to buyers and sellers, and as such, they can provide a wealth of information for any virtual real estate investor. Know the site's monthly traffic and existing revenue. More importantly, know what the improvements that are made will do for the sale price of the site.

The premium domain name is still a viable way to make money, but only if you take the time to treat it like you would any other business.

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Wednesday, April 13, 2011

How to Flip Domains in Forums

If you're getting into Domain Flipping, you may be wondering if you can flip domains at domain forums? With so many places out there competing to help you flip domains, you may be wondering which the best places to offer your domain for sale are.

You see, one of the best ways to sell domains is through domain forums. Those that sell domains through places like Digital Point usually find that they receive a good price for their domains. Most serious webmasters and domain flippers visit these types of places and are always on the lookout for those that sell domains. The vast member base of some domain forums, the specific interest of domain forum members, and the business-oriented nature of these forums make them a great place to sell domains.

It is not uncommon to sell domains and make more through forums than places like eBay and Sedo. The users of these forums know what is good and what isn't. Many are resellers and sell domains themselves on the same domain forum. Domain forums are very much alive and buzzing with activity. You should use this to get more exposure when you sell domains.

Another key principle to note when you sell domains on forums is that you must have a good reputation. No one wants to buy a domain from someone who is not liked. A kind of informal protection is offered through the reputation system of domain forums. If you scammed people in the past, forget about it. Even if you aren't scamming now, the past is going to catch up with you. Forum users have a way of protecting themselves, and if they notice anyone trying to scam with selling domains, they'll make everyone aware of it.

Keep all negativity possible out of your thread. If you frequently sell domains on a forum, have past buyers post a good word in your thread. Nothing says "great deal" like positive feedback from past domain forum users.

Another thing to consider is that you can't tell any white lies on a domain forum. The most experienced webmasters are on domain forums, and if there is any indication that you aren't playing with your cards above the table, your sales thread will immediately fall through.

Overall, domain forums are a great place to sell domains. But before you go ahead and sell domains on domain forums, always remember: Be careful with your words. Be kind, courteous, answer all questions no matter how stupid they may seem, and always attract positive attention to your thread. This is the formula to success for when you sell domains on a forum - if you follow it, you're bound to profit.

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How to Buy Expired Domains

It's unfortunate that he U.S. economy decline has greatly affected the industry where online businesses are. The decline has caused a lot of once popular websites to shut down and stop operating altogether, leading to a big number of expired domains, or those domains that were no longer renewed by their owners. These domains could be bought by new owners who are looking to use them and benefit from them.

There are various reasons why people establish domain names, create, build and design websites, promote them only to let them go eventually, either intentionally or unintentionally. These reasons include a declining business, a business changing its products and services, a business changing its target market and clients, partnership disagreements and a lot more. As a result, these expired domains could well turn out to be gold mines for you and your business, though they could have meant nothing to the bigger online entrepreneurs.

These expired domain names could have already been promoted in the past and have already gained a lot of traffic that you would be able to use for your own businesses online. These domains would particularly be profitable for affiliate marketers, as more visitors would usually mean more potential clients.

There are a lot of websites that give more information on acquiring expired domains and provide a good list of expired domain names that are available. It would be advisable to try going to these websites first to read on what you have to know to succeed with expired domains.

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Thursday, February 3, 2011

Domain Flipping The millionaires Way

Here we going to take a look at a case study of
Millionaire Society is a private online community created by self-made internet millionaires. As a member, you will have 24/7 access to their secrets, mentoring, video training, blueprints and 1 on 1 support that will allow you to build a successful online business from home.

Domain flipping is simply the process of buying domain names at a low price and selling it later at a higher price after increasing its value. There are many ways you can increase its value. You need to make it by known by so many people, the more traffic your domain name has the more important it will become. To make good money from domain flipping, it must be short and keyword related, that is a name that is relevant, also it must be short and memorable, so that people will want to buy it since their visitors can always come back to it easily, if it is short and memorable it can not be forgotten.


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