I've just recently stumbled across a few web sites like namepros.com
and dnforum, websites that focus solely on the buying and
selling of domains. And I "gotta tell ya" I was quit impressed
to hear some of the success stories.
Now from my understanding, I thought profit from domain
sales died at the end of the dotcom Boom. But from what I've
seen and heard, It seems like it can be a lucrative business.
Naturally there's more to it than buying a domain name for
$5.99 a year and turning around and selling it for $4,000.
To come across a domain 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 value of the name, it's seems like
a very time consuming business.
But if you go to Sedo.com you'd be amazed at the prices
that some of these domains are going for, $5,000, $10,000,
even more.
It seems to me like a hidden art. There's not very much
talk about it in the general internet marketing forums. And
everywhere on the net 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 little information on the business
of buying and selling domain names. So that means it's a
business who's time has passed or a very lucrative one that's
hidden from the people who jump on the bandwagon.
Just looking 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 went to Iraq) is already taken.
From my studies it seems that there are a select few who
are generously profiting from the buying and selling of domain
names. As I mentioned above there is alot of work involved
but if your willing to join a few membership sites, learn
a few advertising tricks and get into the game, the selling
of domain names can be a very lucrative business.
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