As a web host of many years, I have seen domain names evolve and get snapped up just to resell down the road.
Here are 10 Tips to turn ‘your’ domains into potential dollars.
Tip 1. Did you know that there are now businesses specially set up to ‘finance’ those looking to buy domain names? Were you aware that there are multi-million dollar companies, whose sole activity is buying, selling, parking or leasing domain names? Why is this relevant? Well, these ‘major players’ are not in it for fun. They know there’s ‘big bucks’ to be made from domain names.
Tip 2. When it comes to turning domains into dollars, names ending in .com are still ‘king’. Your chances of getting hold of a good ‘one word’ domain are slim, but bear in mind that, as the price of such exclusive domains increase in value, a knock-on effect occurs. Down the road, sales of this magnitude can influence prices paid for good ‘two-word’ (and even ‘three-word’) domain names.
Tip 3. Understand, it’s not just dot com domain names that sell. There’s money to be made from other Top Level Domains (TLD’s) too. i.e. .net, .org, .info and .biz.
If the .com version of a domain name is already registered, you must take care to avoid identical domain names (with different name extensions) where ‘brand name’ or ‘trademark’ infringement might be an issue.
Tip 4. When it comes to domain names with ‘country’ or ‘region’ specific extensions, exciting 6 figure sales are occurring.
Tip 5. Domain Names don’t have to be short and memorable to warrant a fantastic 6 digit purchase price. Demand is steadily increasing for sensible names, comprised of one or more words that clearly describe a marketable product or service. Why? Every year the number of businesses goings online increases dramatically. Running programs like 'namespin' can reveal different possibilities and variations on common themes.
Tip 6. Don’t for one moment think that ‘flipping’ is the only way to turn your domains into dollars. If you acquire several domain names, you should investigate developing some into websites that you can then sell, along with the domain name. Doing this can add a lot of value to the domain. It also gives you more opportunities to make a sale, as you can look to attract not only those looking for a good domain name, but also folk simply seeking a website with a decent name.
Tip 7. While there are no ‘absolute’ rules, consider carefully before you buy an ‘already registered’ domain name that contains a hyphen, a numeral, or both. In some instances, you can come out on top, but in most cases you’ll be wasting your money.
Tip 8. Avoid names that have been trademarked or - through passage of time - come to be recognized as ‘known brands’. Just because a dot com name is available, don’t jump to the conclusion that the fantastic name you’ve identified is a safe bet.
Tip 9. When it comes to using ‘brand creation’ as means of converting domains into dollars, some businesses deliberately choose (or dream up) domain names with a vague / nebulous quality. This means that, later, they have the option to change what their business does, or move into additional fields, without having to alter their name.
Tip 10. In this article it’s only been possible to uncover the tip of the iceberg as far as domain name ‘buying & selling tactics’ are concerned. In order to buy and sell domains like a ‘pro’, you need to get serious about increasing your knowledge, and start planning your strategy. Invest some time and energy in learning all you can from ‘experts’ to give yourself that essential ‘edge’. Then formulate a campaign to turn those domains into dollars.
What Next? twitter accounts, already some are cashing in on the names.
T' Captain
VegasTreasureChest.com
Vegas Treasure Chest - Where everyone is a Winner!
Here are 10 Tips to turn ‘your’ domains into potential dollars.
Tip 1. Did you know that there are now businesses specially set up to ‘finance’ those looking to buy domain names? Were you aware that there are multi-million dollar companies, whose sole activity is buying, selling, parking or leasing domain names? Why is this relevant? Well, these ‘major players’ are not in it for fun. They know there’s ‘big bucks’ to be made from domain names.
Tip 2. When it comes to turning domains into dollars, names ending in .com are still ‘king’. Your chances of getting hold of a good ‘one word’ domain are slim, but bear in mind that, as the price of such exclusive domains increase in value, a knock-on effect occurs. Down the road, sales of this magnitude can influence prices paid for good ‘two-word’ (and even ‘three-word’) domain names.
Tip 3. Understand, it’s not just dot com domain names that sell. There’s money to be made from other Top Level Domains (TLD’s) too. i.e. .net, .org, .info and .biz.
If the .com version of a domain name is already registered, you must take care to avoid identical domain names (with different name extensions) where ‘brand name’ or ‘trademark’ infringement might be an issue.
Tip 4. When it comes to domain names with ‘country’ or ‘region’ specific extensions, exciting 6 figure sales are occurring.
Tip 5. Domain Names don’t have to be short and memorable to warrant a fantastic 6 digit purchase price. Demand is steadily increasing for sensible names, comprised of one or more words that clearly describe a marketable product or service. Why? Every year the number of businesses goings online increases dramatically. Running programs like 'namespin' can reveal different possibilities and variations on common themes.
Tip 6. Don’t for one moment think that ‘flipping’ is the only way to turn your domains into dollars. If you acquire several domain names, you should investigate developing some into websites that you can then sell, along with the domain name. Doing this can add a lot of value to the domain. It also gives you more opportunities to make a sale, as you can look to attract not only those looking for a good domain name, but also folk simply seeking a website with a decent name.
Tip 7. While there are no ‘absolute’ rules, consider carefully before you buy an ‘already registered’ domain name that contains a hyphen, a numeral, or both. In some instances, you can come out on top, but in most cases you’ll be wasting your money.
Tip 8. Avoid names that have been trademarked or - through passage of time - come to be recognized as ‘known brands’. Just because a dot com name is available, don’t jump to the conclusion that the fantastic name you’ve identified is a safe bet.
Tip 9. When it comes to using ‘brand creation’ as means of converting domains into dollars, some businesses deliberately choose (or dream up) domain names with a vague / nebulous quality. This means that, later, they have the option to change what their business does, or move into additional fields, without having to alter their name.
Tip 10. In this article it’s only been possible to uncover the tip of the iceberg as far as domain name ‘buying & selling tactics’ are concerned. In order to buy and sell domains like a ‘pro’, you need to get serious about increasing your knowledge, and start planning your strategy. Invest some time and energy in learning all you can from ‘experts’ to give yourself that essential ‘edge’. Then formulate a campaign to turn those domains into dollars.
What Next? twitter accounts, already some are cashing in on the names.
T' Captain
VegasTreasureChest.com
Vegas Treasure Chest - Where everyone is a Winner!
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The VegastreasureChest.com Blog provides the latest information on casino offers, promotions, freebies and bonus offers. Visit our web site at VegasTreasureChest.com for complete listings of the most popular, safest and most reputable listings of online casinos, featuring slots, poker, bingo, backgammon, sports betting and skill games. See our special listings for casinos accepting US players.
Should you have any articles related to this blog and would like to contribute and article, let us know. Visit our web host for super deals.
The VegastreasureChest.com Blog provides the latest information on casino offers, promotions, freebies and bonus offers. Visit our web site at VegasTreasureChest.com for complete listings of the most popular, safest and most reputable listings of online casinos, featuring slots, poker, bingo, backgammon, sports betting and skill games. See our special listings for casinos accepting US players.
Should you have any articles related to this blog and would like to contribute and article, let us know. Visit our web host for super deals.
