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Is it Still Profitable in Buying and Selling Domain Names
11 CommentsI’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, andI was quite impressed to hear some of the success stories.
At the end of the dotcom Boom, I thought profiting from domain sales died. But from what I’ve seen and heard, It seems like it can still be a very 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 pop up the value of the name, it’s seems like a very time consuming job. 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 treasure. There’s not very much talking 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 either a business passed its heyday 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 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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Follow me on Twitter.Published on November 23, 2008 · Filed under: Domain name; Tagged as: domain, domain names, domainnames, web hosting, webhosting
11 Responses to “Is it Still Profitable in Buying and Selling Domain Names”
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I personally don’t think buying and selling domains is as profitable as it once was, but there are still many exceptional domains available within the aftermarket and if you know how to flip then indeed it can be (is) profitable.
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I’ve always been fascinated by the domain name selling world. It’s amazing how much some domains sell for. I think that you need to be niche in the industry to truly make a living.
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Yes, it is. It’s like you’re saying people are not buying digital stuff anymore, or this blogging thing is not working like it used to be.
Now in today’s (worldwide) financial crisis, there’s more money to be made in buying/selling domain names than ever!
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It does sound like a great idea, but is it really worth the heartache of bulding up traffic, and then trying to sell it? You could spend long time building up the value a site YOU think has a great domain name but someone else might never want it.
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Great blog. Do you know of any relevant marketing forums or discussion groups?
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Howdy there,Terrific blog post dude! i am Fed up with using RSS feeds and do you use twitter?so i can follow you there:D.
PS:Do you thought to be putting video to your blog posts to keep the visitors more entertained?I think it works., Allen Orewiler -
You completed certain good points there. I did a search on the subject matter and found a good number of persons will consent with your blog.
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Hi,Superb article dude! i am Fed up with using RSS feeds and do you use twitter?so i can follow you there:D.
PS:Do you thought putting video to the blog posts to keep the visitors more interested?I think it works.Yours, Tommy Nasalroad -
Hello, great info on your website, I enjoyed reading it and will be back to read more. Always good to find tips for real estate on the web. You learn something new everyday.
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not so easy now..
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There is obviously a lot more to figure out about this issue, but you made some really good points. I will definitely be checking here more often. Thank you.
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