Before I go into the details on how to buy and sell domains for big cash profits, permit me to first discuss the steps you must take in order to own an invaluable web property that is worth selling. As you may already know, a domain name is a virtual real estate which is worth thousands or millions of dollars if it has high commercial advantage to a potential buyer.
While it is factual that an empty domain may be sold for thousands of dollars, there is little that can be done to promote it profitably if it is not just a one-word or two-word website name. To this end, it is very important as being a domain flipper or entrepreneur to discover ways to help make your web property valuable so as to attract the sort of money you really want to earn from the willing and able buyer.
So, you have to comprehend the specific characteristics of Make Money Online that potential customers will be scrambling to possess at all cost. These characteristics or aspects of an invaluable domain are what you should consider prior to buying or hand registering a domain address in the first place.
Characteristics of any Good Domain Address
1. It Has To Have Commercial Value
Most of websites that are built on the internet are for commercial purposes. It makes sense, therefore, that the domain address should have commercial intention if you wish to earn money online from it. Quite simply, it ought to be short, brand-able, generic, marketable and simple to remember.
One-word, two-word and generic website names will fall under this category easily since they are highly sought-after in the secondary domain market. A reputation that clearly depicts a specific market, product, service or subject is going to be commercially valuable in this regard.
2. It Should Have a High PageRank and Backlinks
For you personally in order to sell your own domain name quickly, it has to have unique selling point (USP) opting for it. This might be age the domain name, high PageRank or a lot of relevant backlinks. Having these characteristics will surely pass some authority and credibility towards the website the new owner in the domain will develop it.
Should you ask me how to buy and then sell website names for big cash profits, I am going to simply let you know to build a website or blog on a domain, optimize and monetize it with shareable and quality content. You may then build back-links into it in order to create authority.
The best way to Sell a domain address
To sell your website name successfully, you must be well prepared and willing to market it on the internet. The previous saying that in case a man knows how to build a better mousetrap, the entire world will beat a road to his doorstep has stopped being tenable.
As a smart domain flipper, you must explore various marketing media to get the right buyer for your web property. Immediately you get or register a domain name, you can start building an e-mail listing of subscribers in the niche at the earliest opportunity. The thought is to start with the conclusion in mind i.e. to get a target market you can advertise your website for sale to somewhere down the road.
Quite simply, it is simple to offer to sell your domain address to individuals your list who will be highly targeted prospects. Because they have willingly subscribed in your list in the past, you may be amazed how interested most of the subscribers can be to own your company especially when it is profitable.
Another strategy to sell your own domain name is to use secondary domain markets or auction markets to list it for sale. There are lots of them to consider including Sedo.com and Flippa.com. In case you have premium otbjjy property, you will have competitive bidding from hordes of potential customers and it will drive the bid prices up.
Really, there is no hard and fast rule on how to buy then sell website names for big cash profits. It is about getting a marketing medium where you could reach your target market who can be interested to purchase your domain with a reasonable price.
You may also sell website names on eBay. (They get just everywhere don’t they!). Simply head to http://www.ebay.com and look for domains. Be on the consider any high quality names to buy too. The truth is since this organization is so fairly new people just don’t realise the kind of money that may be made.
Once you’ve made the sale all that you should do is make use of list brokers to do something as a third party escrow service,. This basically means they will accept the payment to your name from whoever it might be you might be selling to then register the domain address for the new owner. All you have to do is relax and wait for a funds to enter your account. It’s that simple.
What Price Should You Sell At? It is a vital aspect of this business. Pitch excessive and you also won’t make a sale. So don’t get too greedy. The purchase price you obtain depends on the excellence of the name, exactly how much someone else wants it and just how quickly you would like to sell it off. If your prepared to sit back and wait around for a large offer then that’s fine. But when much like me you want to make money in the easiest possible time the key is to selling a name in a reasonable price and with some names every week. It’ll have a maximum of a few hours to finish per name.