How To Make Great Money Part Time Buying And Selling Domain Names …
How To Make Great Money Part Time Buying and Selling Domain Names
This truly is the business to get into in 2005. It’s a red hot opportunity that savvy investors can make a killing on when you know how. And this article will walk you step-by-step through the money-making process.
Don’t be put off by the term “investors”. I’m not talking big money down here. As long as you’ve got a spare 5 a week then great money can be made for only half an hour of your time. Like the sound of that? Thought so.
There’s a few ways you can make money buying domain names and selling them on for profit. And I mean PROFIT. You’ll see why people will be scratching at your door to buy off you in just a moment.
Let’s start with the basics.
All domain names are only registered for a limited amount of time. Registrars can choose to use the name for a period of between 1-10 years. After this the rights to these domain names expire and the user has to renew the name again. If they don’t do this it will be placed on hold for a short time and then deleted. This means it is then availible for anyone who wants to buy it!
This Is Where You Can Cash In!
20,000 expired domain names are made availible each and every day. Some of them are very attractive and well-established names.
Example. Last year the owners of Race.com carelessly didn’t renew their registration fee. It was grabbed (the term used to describe purchasing an expired name) by a savvy ‘investor’ for a few pounds and sold for thousands and thousands back to the old owner.
The owner was willing to pay huge sums for to the investor because he had built up qualified traffic over X amount of years and didn’t want to lose all the previous custom.
Now I admit that making a sale for thousands is rare, but is certainly possible.
The likeliness is that you can buy a domain name and register it for 5-50 and then sell it on for anything from 150 – 1000. Do this with five domain names a week, and your looking at a big sum of money for only a couple of hours work.
It’s not just businesses that have carelessly let their domain name that will buy off you. It’s other businesses too that will buy the name to get the old owners’ traffic. It’s a legitamate way of increasing your customer base.
And if the old owner and a new potential owner get into a bidding war…well..the sky really is the limit.
So there’s two main reasons why people will be willing to pay YOU a couple of hundred pounds for a domain name.
a) They carelessly let the domain name expire. That means that they will pay you to get the name back to ensure that they don’t lose their existing traffic that they may have built up over years and years.
B) They are a business in the same field as the one that has let the name expire and therfore will pay you to secure the exisitng custom of a rival.
Here’s step-by-step how you go about this fantastically profitable part time business.
There are several sources of expired domain name information and reserach tools, some free and some that require a payment of a fee.
www.wehavethem.com supplies lists of names due to be deleted. Www.DeletedDomains.com allows you to do some searching free and more extensive searching for a $99 annual fee.You can search for names that are due to be deleted and also allows you to bid on newly deleted names that have already been grabbed by other ‘investors’.
What you are looking for is an expired domain name with traffic in the last month of anything over 1500. Ensure that the site is an actual consumer site. There’s no point buying a domain name if the previous site wasn’t selling any goods.
If you see a site that had tens of thousands of visitors in the last month GET IT. The likeliness is that the previous owners will be itching to get their name back off of you due to its obvious success.
Also if you see a name with a large qualified traffic thats due to expire and has a high traffic volume use an automated grabbing system such as www.snapnames.com and www.pool.com. These will ensure the second they become availible you will have registered them. The cost is about $60 but only if they get the names for you. Definately worth it in my eyes.
Remember you could easily sell the name for hundreds, maybe thousands.
In part 2 we’ll take a look at how you go about selling the names once you have acquired them. But in the mean time here’s a few domain names which were up for sale at the time of writing this article. Now obviously not all names sell for this much, but it’s a very real possibility that you could stumble across a gem in your business.
my.com $750,000
lovelife.com $350,000
fights.net $16,000
diet.us $35,000
askdoctors.com $7,500
dietary.info $6,000
lovemaking.info $10,000
textmeassage.net $17,000
ejobmarket.com $1,800
smokers.tv $5,000
teens.org $22,000
raregifts,com $20,000
The profits in this business are like no other. Now it’s your turn to get your hands on your share in the billion dollar industry of buying and selling domain names.
Until next time…
Jonathan Street
Author: Jonathan Street
Jonathan Street is a master at making vast sums of money for very little investment. Direct mail, mail order, selling domain names, eBay…you name it – he’s making money from it. He’s also the author of “How To Make 5,000 – 10,000 A Month From Home”. A book which he invites you to get for free from his ever popular web site.
For FREE info and to get a copy of Jonathans book go to: http://www.millionaire-enterprises.com
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Make Money Flipping Domain Names
Flipping Domain Names for Money
Flipping domain names can be a profitable way to make easy money online. The key to flipping domains is to be able to find expiring domain names that buyers would be interested in paying a premium price for.
To start flipping domain names, there are three steps you should take:
First set up an account at Godaddy to start registering your domain names. I recommend Godaddy because they are very affordable, offer good customer support, and you can transfer a domain name to a buyer just as soon as you register it.
Next sign up for a seller account at www.ebay.com. Ebay is the best place to start flipping your domains. There is an active audience of domain buyers who will compete for quality domain names.
The next step is to find valuable domains that have expired. There are many paid services available which allow you to register domains as soon as they have dropped, but most of these charge at least $60 to catch a domain for you once it drops. The best free service I have found is justdropped.com. You can search for domains that have dropped with your keywords.
Some keywords to search for are loan, creditcard, mortgage, and real estate. There are hundreds of keywords you can search. I chose these because they are some of the most popular for domain buyers to pay a premium for.
After finding a few domains that have expired and are available, go ahead and register them at godaddy. I like to park the domains for a few weeks to see if they get any traffic before flipping them. I have found the best place to park domains is at parked.com. They offer the best payouts I have found from parking services, and I have tried almost all of them.
If you domain is not getting any or much traffic after parking it for a few weeks, you should then list it on ebay to try to flip it. You can set the price you think the name is worth, or you can start it at a lower price and hope more than one bidder will be interested in the name, and will compete to get it and drive the price up. It is hard to know what a domain will sell for on ebay, so you may want to set a reserve price if you do not want to sell it for less than you paid for it.
Many domain sellers on ebay will start their listings at $0.99 and hope the domain gets bid up to a point where they can make a profit. I have done these, and the only down side is a domain you think is valuable will sell for less than you paid for it. In the long run if you sell enough high quality domain names, you won’t have to worry about the few you take a loss on.
After a while of selling domain names on ebay, you will develop a list of buyers and when you register a new name they may be interested in, you can email them directly and decide on a price without having to list the domain name on ebay. This is where the real money can be made flipping domains. You can register a domain at godaddy for less than $10, and sell it the very same day for $100′s of dollars. That’s not a bad return on investment if you ask me.
These are the basics of flipping domain names. Domain flipping can be a profitable way to make some extra money online, or if done right, you can set it up to be a full time business. Many domain flippers are making thousands of dollars per month reselling domain names online.
Author: Jeffery Scott
Jeffery Scott is the owner of thousands of domain names. He has sold thousands of domain names over the years and has made a nice living in the domain name industry.
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Can You Still Make Money Selling Domain Names?
Can You Still Make Money Selling Domain Names
Here it is almost 2009 – is there still a market for buying and selling domain names? The answer is yes! The glory days maybe over when everybody was doing it and making millions overnight, but there still plenty of opportunity for you now. Think of all the people coming on line. Think of all the continual growth in the internet marketing year after year. Think of the all the extensions there are. Nevermind the .coms, what about .name? or .mobi? Plenty of chances there to make some money!
You have to keep your ear to the ground. New movies, new businesses, or a business that has a .com but not a new one, for example for mobile phones. Check out the whois database. Any domains coming up for expiry? Any new product that just came out that seems to be popular? Does it have a website? If you are doing your homework, it will have one: yours!
Tip – .mobi for mobile phones is going to be the next gold mine! Companies more and more are going to the hand helds, this is your chance. All the big domains are wide open all over again with this new extension!
With services like GoDaddy or HostGator, buying and selling domain names is easier than ever. At GoDaddy, you can buy domains for pennies and turn around and sell them for dollars.
So don’t think there aren’t chances to make some money on the side – or even a full time income – with domain names, there are new chances everyday!
Author: Kirk Somers
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Online Data Entry Jobs : What Are The Types of Work You Can Make …
Online Data Entry Jobs : What Are The Types of Work You Can Make Money From
Several types of online data entry jobs qualify well in the field of home based businesses. Here are just a few of the major job categories.
There are many different types of online data entry jobs that qualify as legitimate job opportunities and are available on the internet. Obviously, if you are using the internet to find data entry work, that qualifies as online. However, there are many different things that can be included when you use the term ‘data entry’. In most instances, data entry positions do not require sophisticated equipment, education or knowledge and can quickly be implemented whenever you need a few extra dollars in your pocket. Here are some of the typical jobs that you might encounter as a freelance person.
Upgrading data base information
Large and detailed databases often contain fields that must be upgraded periodically. Some of these fields require individual entry of information. These online data entry jobs consist of revising an address or telephone number for example. This type of data base work is not as common as some of the other types nowadays, since anything typed into a computer or online field can be recaptured electronically and doesn’t have to be considered data entry in that instance.
Preparing lists
Anything that involves placing written communication into a database requires data entry. Online data entry jobs might require compiling a list of names and addresses from a rebate form filled out by hundreds or thousands of consumers. This sort of work would be fairly routine, with the only difficulty in reading poor or illegible handwriting. Rebates or refund lists, contact lists filled out at a trade fair booth, voting registration information–these are the types of list preparation jobs that a person might accept. If a high degree of accuracy is needed, then the list can be compiled by two different people and then a merge file is created that points out discrepancies.
Secretarial type typing and editing
Another type of the online data entry jobs is that of typing letters, reports and memos. This can be done directly online, such as with an email correspondence. It may also be carried out from audio or video dictation or podcasts. Secretarial data entry requires a much higher attention to details and accuracy. It is expected that the data entry person serving in a secretarial role will be able to accurately spell and punctuate the words used. As with other types of data entry jobs editing, rewriting and correcting another’s work is another type of editing or revision work.
Catalog descriptions
A more specialized type of online data entry jobs have to do with catalog creating. Whether you are writing about books or shoes, a person who can express tidbits of information in an otherwise dull and boring presentation will be successful. Granted, some products are more difficult to bring to life than others. The data entry person in this instance may work by the description, or by a certain number of words in the item. It can be grueling work to try to think of many different ways to describe a particular item so that it appears different from another place of very similar design.
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Make Money Online With Domain Names
Make Money Online With Domain Names
Domain names have become a very popular way to make money online, and some of these names may go for quite a profit. When the Internet first became popular, there were some people who had the foresight to buy the rights to some domain names that are very sought after. A domain name becomes public if the website owner forgets to renew the name with the provider, so it becomes a public domain name. These public domain names are available for purchase or lease.
Some investors will snatch up domain names when they become available, and then resell or lease the domain name to a website to be used for redirecting traffic to that site. The investor makes money and the website that gets the rights to the domain name can increase their traffic considerably. This process requires you to get the rights to use the domain name, and then sell it to a competing business which offers the same products or services.
There is also a market for domain names with the original owner who let the domain name lapse, most of the time because of simple forgetfullness. A lot of times these owners have invested considerable time, effort, and money into their website, so they are more than willing to pay to keep it. These owners will usually buy the domain name back from you if given a chance, sometimes at a large profit.
A third way to make money online with domain names is to buy up generic domain names that contain certain industry keywords, and then offer to sell them within that industry to redirect traffic to the buyer’s main website. The generic keywords will vary from industry to industry, so finding out the best keywords for the industry you are targeting is a good idea with this method. Generic domain names like horsecare.com, or accountingnow.com will have interested buyers in these industries, so finding one is just a matter of marketing your service to find the buyers.
Making money online with domain names can be a very lucrative source of income if it is done properly. Public domain names become available constantly, mostly because of a negligence to renew them. The three main markets for domain names include buyers who wish to use the domain name to redirect traffic to their own website, buyers who have lost the domain name because they forgot to renew it and have spent a lot to create the site, so they are willing to pay to regain the domain name, and domain names that contain industry specific generic keywords.
You can also make money with domain names by gathering up generic domain names that contain buzz words within an industry and offering them to the highest bidder to be redirected toward a main site. As an example, if you had control of a URL like ‘conferencecallnow.com” chances are you would find interest on the part of a number of the teleconferencing companies around the world. It is relatively easy to make money selling domain names that are generic but still apply to a particular service offering.
To make money with domain names, you have to have an eye for what will resell in a reasonable amount of time, understand what the market will bear, and have plenty of answers to the question “how can I make money with a domain name?” Any speculator who can do this will know exactly how to make money from public domain names.
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Using Domain Name Purchasing As an Easy Way to Make Money
Selling Domain Names: Easy Wasy to Make Money
The person with the right domain name can make a lot of money off of it. If someone really wants it, they will pay big bucks for it. That is something that a lot of people have benefited from.
This is basically considered the online real estate trade. That is because a domain name is more or less virtual real estate. People can invest in multiple parcels of online real estate and sell it for a higher price. In a way, it mirrors actual real estate investing.
What you do is you purchase a group of domain names. However, you have to make sure they are good quality names. You can then market these domain names to people. You can also use your hosting company to sell the domains. If you’ve ever looked for a domain name and you have seen the words, "For sale for $4,999," that means someone is going to make $5,000 off of the sale of that site. Have ten of those and you have $50,000 of potential income.
This "site flipping" can make you a pretty good sum of money. So make yourself up an attractive website and market this site flipping business that you have. You can more or less sell the domain for whatever you think it is worth. Just make sure that you make it worth the time and effort you’re putting into it. In the end, you’re going to find that it will be quite the profitable endeavor. You’ll basically be an online real estate mogul.
Author: Perry Webbing
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