First, you need to buy a domain, preferably
a .com and as short as possible. We recommend using GoDaddy
for the registration because their prices are incredibly low.
Tips for choosing a domain :
- length : it must be as short as possible but it should
mean something not like kjs.com
- extension : preferably a .com or .net because the other
extensions are worth less
- traffic : it’s good if it already has traffic and
links to it
- keyword : some keywords are worth more than the others
ex : casino
Then, you can either park your domain on a parking program
like Sedo or develop a website on it. If you decide to develop
your domain, make sure you have a good webhost, a good design
and good content. If you have a cheap host, you may have
a lot of downtime or a poor technical support. In the meantime,
you can list your domain for sale on some websites. Sedo
also offer that kind of service.
Finally, you sell your domain or website to end-user or
to another domainer. The buyer will probably ask for an appraisal
from an independent firm that make sure you sell it at the
right price. End-user will often offer more than domainer
but they are harder to find.