Buy/Sell Domain Names! Is It Profitable?

February 8, 2009 by Butterfly Filed under: Domain

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.