Making money with domain flipping isn’t a new business idea; it’s been done since the Internet got started. Domain names offer you a primary spot on the Internet that anybody can reach no matter where they are and that is why they are so valuable. Learning how to spot, buy and then resell domain names quickly is how you become successful at domain flipping. In this article we are going to look at a few tips for flipping domains effectively so that you can see results. Whether you’re aiming for domain flipping in the Pillow Pet niche, or any other niche, it’s really important that you focus on building a basic foundation for your business.

It is the pursuit of those domains that offer the most value and potential – that is what it often comes down to. This is why you should develop a keen interest in analyzing domain names that are up for sale. It can truly be a lot like panning for gold because there will be a lot to sift through, and you will not want the majority of what you see. This will obviously take some time, but you can start practicing by visiting places like the GoDaddy auctions and see what kind of domains are being sold over there.

Everybody wants a high PR website, and that is why there is such a huge competition for high PR domain names. Look for expired domain names that may have a page rank; you can buy these domains for cheap and sell them at a higher price in the online marketplace. The most important thing you can do is learn how to properly verify the page rank – yes, people do fake it, unfortunately. This is an investment, so find several good (and free) PR checkers on the net and use them. For example, let’s say the niche you’re targeting is pillow pet, it’s better that you choose shorter names that are precise.

3) Do not discount the potential involved in domain parking for all of the domain names that you haven’t yet been able to sell. You shouldn’t discount any opportunity to monetize your domain names and if you use the domain parking services by your registrar you can make money from the clicks that you will get on the ads that you place on domains that are waiting to be sold. While one domain name may only bring in a trickle of income, if you have lots of domain names parked then those little trickles can add up to quite a stream.

There is nothing hard about domain flipping as it just requires you to have some knowledge and a little bit of investment money. You cannot be afraid to take a chance and some risks, but do not be careless either. It does not matter if you are a beginner; everybody is a beginner when they start. Remember, how far you take this business completely depends on you and no one else, which is why you should take full responsibility for it. For example, if your objective is to sell domain names in the pillow pets niche and buy them through auctions, then you should look around for as many different places as you can.