Make Money Buying and Selling Domain Names

December 1, 2008 by  Filed under: other 
 

Domain names are becoming a valuable commodity in which to trade and sell. Domain names are very similar to the stock market. You can buy domain names online for relatively low costs. I own hundreds of domain names. Some from past projects and some bought strictly for future resale. Some record breaking domain sales:Business.com sold in 1999 for $7.5 million, according to Guinness World Records.

Sex.com sold in 2006 for $14 million US dollars.

So what makes a “good” domain name?

* Usually short, single word domains

* 2-3 letter .coms, .nets, and .orgs

* The more specific the better

A great way to find a profitable domain is to be diligent. Research what is hot, or what is expected to be the next big thing and buy domains relating to that subject. Its similar to the stock market. Some examples:

* The great Y2K scare: An expected event- People who purchased Y2K related domains early could sit on them and as the year

2000 came closer could sell them for large profits to companies selling Y2K fixes, etc.

* Huge Movie releases: You hear on the news that a major motion picture is moving into production-BUY a similar domain

* Major News Events:John Smith will run for President- Jump online and buy JohnSmithforPresident.com

Sell your domain- Make Money:

Sell your domain online. I have sold quite a few on eBay. There are even websites dedicated to just selling domains. A great one Sedo.com

Buy Low , Sell High, Make Some Money!

By Kerry Mann

MakeMoneyIdeasBlog.com

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