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.
About the author:
Buy Domains! Yahoo, GoDaddy, 1&1 Domains starting at $1.99/year
http://www.wbwebhosts.com/iminate_domain
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