Before I go into the details on how to buy and sell domain
names for big cash profits, let me first discuss the steps you have to take in
order to own a valuable web property that is worth selling. As you may already
know, a domain name is a virtual real estate that is worth thousands or
millions of dollars if it has high commercial benefit to a potential buyer.
While it is true that an empty domain can be sold for
thousands of dollars, there is little you can do to sell it profitably if it is
not a one-word or two-word domain name. To this end, it is very important as a
domain flipper or entrepreneur to learn how to make your web property valuable
so as to attract the kind of money you are hoping to earn from a willing and
able buyer.
So, you have to understand the specific characteristics of a
domain name that potential buyers will be scrambling to possess at all cost.
These characteristics or elements of a valuable domain are what you should
consider before buying or hand registering a domain name in the first place.
Characteristics of a Good Domain Name
1. It Must Have Commercial Value
Majority of websites that are built on the internet are for
commercial purposes. It follows, therefore, that your domain name should have
commercial intention if you want to make money online from it. In other words,
it should be short, brand-able, generic, marketable and easy to remember.
One-word, two-word and generic domain names will fall into
this category easily because they are highly sought-after in the secondary
domain market. A name that clearly depicts a specific market, product, service
or subject will be commercially valuable in this regard.
2. It Should Have a High PageRank and
Backlinks
For you to be able to sell a domain name quickly, it must
have unique selling point (USP) going for it. This could be the age of the
domain name, high PageRank or lots of relevant back links. Having these
characteristics will definitely pass some authority and credibility to the
website that the new owner of the domain will build on it.
If you ask me how to buy and sell domain names for big cash
profits, I will simply tell you to build a website or blog on a domain,
optimize and monetize it with shareable and quality content. You can then build
back links to it in order to create authority.
How to Sell a Domain Name:
To sell your domain name successfully, you must be ready and
willing to market it on the internet. The old saying that if a man knows how to
build a better mousetrap, the world will beat a path to his doorstep is no
longer tenable.
As a smart domain flipper, you have to explore various
marketing media to find the right buyer for your web property. Immediately you
buy or register a domain name, you should start building an email list of
subscribers in the niche as soon as possible. The idea is to begin with the end
in mind i.e. to have a target audience you can market your website for sale to
somewhere down the road.
In other words, you can easily offer to sell your domain
name to members of your list who will be highly targeted prospects. Because
they have willingly subscribed to your list in the past, you will be amazed how
interested most of the subscribers will be to own your business especially if
it is profitable.
Best Simple and Money Saving Tips to
Domain Buying:
If at first you don't succeed - try another version. Domains
with two words and sometimes personal names can be hard to get. So, be creative
and flexible and don't get discouraged. Perhaps you can use a nickname, an
acronym, or add an initial to make it your own. Hey, would you ever have
expected a name like Google.com to be what it is? Think outside the box and
have fun with it.
It's a great idea to get at least one additional extension.
For example: I own PattyRose.com and PattyRose.net. This can be helpful down
the line for split testing and sales pages, etc. But, that is another lesson
and checklist for another day. For now, know that it will protect your name so
that others can not use it.
It is NOT necessary to buy ALL the extensions. For example:
.info, .me, .mobi, .us, etc. - Just pick the top two or three that work best
for you and you'll be covered.
Should you purchase hosting along with the domain? My advice is no. I always use a company specifically geared toward hosting.
For more : domain buying
Should you purchase hosting along with the domain? My advice is no. I always use a company specifically geared toward hosting.
For more : domain buying
A Cheap Domain Can Be Very Valuable:
A cheap domain can be really valuable, and it is because
domains can be worth much more than then monetary cost. If you conduct a search
with the query cheap domain, you are likely to be returned lists of sites that
will offer to register the domain name for your website. In previous years,
there were fewer registrars, and a more domains were available. However the
landscape has changed considerably.
As the size and expanse of the web grew, good domain names
became harder to find, and at this time if you search for a domain for a new
website, the chances are very likely that it may have already been registered.
In earlier times, it was also recommended to have domains
that were representative of the business with which you were involved;
consequently if you were looking to buy a domain for your flower shop, you were
encouraged to choose a name with the word flower or a variation in it.
Due to the changes that the search engines frequently
implement, a lot of doubt has been created as to what the proper
recommendations are. The questions that now deserve consideration are, is it
really important to have keywords or variations of keywords included in domain
names. There are millions of top-ranked sites, with meaningless domain names,
so it can be concluded that domain names are a lot less important than they
previously were.
Top-ranked domains are likely to cost more, for a number of
related reasons, but in terms of ranking, there are other factors that can have
more influence than the name of the domain.
There may be several places where you may be able to buy a
cheap domain, but cheap is a relative term, and there other important factors
to consider when you buy domain name. You can get more information from
here: get cheap domain