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 used to be quit impressed to listen to a number of the success stories.
Now from my understanding, I thought benefit from domain sales died at the top of the dotcom Boom. However from what I’ve seen and heard, It seems like it can be a lucrative business. Naturally there is more to it than shopping for a website name for $5.99 a year and turning around and selling it for $four,000. To return across a site name (whether or not self created, expired, or purchased) spending time advertising it, sending traffic to where it’s parked, finding a broker, doing the items you would like to try to to to up the worth of the name, it’s looks sort of a terribly time consuming business.
But if you go to Sedo.com you would be amazed at the costs that some of these domains are going for, $5,000, $10,000, even more.
It seems to me sort of a hidden art. There is not terribly abundant speak about it in the final web marketing forums. And everywhere on the online 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 terribly little info on the business of buying and selling domain names. Therefore meaning it’s a business who’s time has passed or a terribly lucrative one that is hidden from the folks who jump on the bandwagon.
Simply trying at current events and doing domain checks on certain subjects tells me how quickly smart domains get snatched up. Believe it or not the name Farris Hassan dot com (sixteen year previous boy who went to Iraq) is already taken.
From my studies it appears 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 labor concerned 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 terribly lucrative business.
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