Can You Really Make Money Selling Domains Online? This is a question that many people who are dedicated to making money online have raised. Making money from buying and selling domain names is an easy way to earn some extra money and in some cases to make a ton of money online. All you need is a few dollars in investment, and I mean a few A few bucks like $ 10 or less for the registration fee for each of the individual domains you come to find and register, and a little time and knowledge to research and find exploit domain names that could be valuable.
Although there are plenty of great resources and free tools for searching for valuable domain names, the process is a fairly simple and straightforward walk-through process. If you are new to this process and are planning to give domain names a shot, here is a simple step-by-step plan that will help you make money buying and selling domain names online.
Know the Domain Auctions market
First you need to study the market to find out how it all works. Use related online forums such as Godaddy Auctions, DomainState and Namepros to find out how the pros do it. Familiarize yourself with the market, the language, the pros and the ones of buying and selling domain names.
Choose a profitable niche
This is one of the most important parts of your domain selling business. In order to make money selling domain names, you have to narrow down the number of niches that are hot and popular. There are many free tools and resources that you can use to research and find niche markets. Use forums and other online resources to find out what niches are hot.
Domain names related to such niche, are more likely to be the real money makers for you. you’ll have a better chance of selling them at a higher and faster price.
Choose a domain name
The best thing you can do to make sure you choose a good domain name is to use your main keywords in the domain name, while keeping it short and easy to remember. Of course, you want to take into account the popularity of keywords and terms and the number of people who use those time terms to search for a related topic.
Also, before you put too much time and effort into it, use many domain research tools and resources to find out if a certain domain name is available or already taken.
When it comes to learning how to make money selling internet domains, finding the right domains that are also available is one of the most important (if not the most important) factors.
Register your new domain
This is quite easy and fast. There are hunderds of domain registrars on the internet. Do some research and find the ones that offer the most value for the least money. Some of the more popular domain registrars include GoDaddy.com, NameCheap.com, and Register.com. Many of these domain registrars often run special discounts and coupons. Be sure to take advantage of them by doing a simple online search for “domain registration discounts.”
Sell your domains to make a profit
Now is the time to find potential buyers to sell your domains to. Depending on each specific domain, you might start looking for buyers right away, or it might be wise to leave your domain to age a bit longer and sell it next (domain age is one of the things that search search a site by giving their search engine ranking, which is why most people like old domain names as it gives them a better chance of getting a better ranking for their target keyword (s)) . There are many places where you can sell your domains online, such as domain action suites and related forums. But, I think the best places to sell domain names online are sites like sedo.com, digitalpointsforum, and even eBay.
Rinse and repeat
Now, you just have to repeat this process to make it a money doing business in progress. Learn from your mistakes and expand on your successes.
As you move forward with the process of buying and selling domains, you get to know many players small and large who play in the success of a yes and make money by buying and selling domain names or not. However, the steps outlined above are what the most experienced domain marketers do, the ones who know exactly how to make money selling domains online to be successful.