I’ve just recently stumbled across some net sites like namepros.com and dnforum, websites that focus solely on the shopping for and selling of domains. And I “gotta tell ya” I was quit impressed to listen to some of the success stories.
Now from my understanding, I thought cash in on domain sales died at the end of the dotcom Boom. However from what I’ve seen and heard, It seems prefer it can be a lucrative business. Naturally there is more to it than buying a site name for $5.99 a year and turning around and selling it for $four,000. To return across a website 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 do to up the price of the name, it’s looks sort of a terribly time consuming business.
But if you attend Sedo.com you would be amazed at the costs that some of these domains are going for, $five,000, $ten,000, even more.
It looks to me like a hidden art. There is not very a lot of talk concerning it in the overall web selling forums. And everywhere on the web you see ebooks on “How To” write ebooks for profit, do JV (joint venture) deals, ebooks on site traffic, blogging techniques, affiliate marketing, rss feeds…… on and on and on and very very little data on the business of shopping for and selling domain names. Thus that means it’s a business who’s time has passed or a very lucrative one that is hidden from the folks who jump on the bandwagon.
Just wanting at current events and doing domain checks on certain subjects tells me how quickly good domains get snatched up. Believe it or not the name Farris Hassan dot com (16 year old 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 discussed higher than there is alot of work involved however if your willing to affix a few membership sites, learn some advertising tricks and acquire into the game, the selling of domain names can be a very lucrative business.
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