Monday, January 14, 2019

How To Make Money Trading Domains

Domain trading is the buying and selling of domain names and it is a business that has been on for many years. It promises a high yield on investment but can be very risky. You can turn $ 25 into $ 450 or more within a short time and you may buy a domain name without ever selling. It is an interesting terrain to navigate. If you want to make money with this business, you need to get as much information as possible so that you will be able to succeed.

One of the benefits of this business is that you only need to register or buy a domain name and not necessarily developing it or pulling traffic to it. You do not even need to put any content. Just own the domain - that's all. You may be wondering where and how to buy domains. You have two options to choose from and you can use both. The first option is to register through registrars and this is referred to as the primary market. Top registrars include GoDaddy, NameCheap, iPage, 1and1, Dynadot and so on. The price for registration varies from one registrar to another and there may be additional products added by each registrar.

The second option is to buy an already registered name and this is referred to as the secondary market. Examples of secondary markets are Sedo, GoDaddy, Flippa, Afternic, just to mention a few. Pricing at the secondary market is a bit on the high side and this is determined by so many factors like the age, category, number or words, valuation of the names and so many other factors. However, it is important for you to note that a domain is renewable every year and you have to factor this into your plan when making purchase and sale decisions.

Furthermore, choosing the right domain name is very crucial to your success in this business. You do not just go ahead to buy a name you can think of. It does not work like that. It's not gambling and you need to be able to identify marketable names. You can visit news sites like TheDomains, Domaining, DomainInvesting and so on, to know the latest trend in the market. It is not easy to predict a name that will sell but if you get familiar with information about the industry, you will be better positioned to make the right decision. Typically, the best names are short, easy to remember, easy to spell, easy to pronounce and so on.














  • Home Air Conditioning Systems An air conditioner is a must have in today's rapidly warm world. As temperatures rise across the globe, home air conditioning systems are flying off the shelves as manufacturers and retailers see increasingly good sales in such…
  • Benefits of Electric Cars Electric cars are the new addition to the automobile industry. With technology taking up a pace in today's era, the automobile industry has also accentuated the electric models of the car. Although these are not mostly used today…
  • How To Win The Lottery By Mixing NumbersIf you'd like to know how to win the lottery, mixing numbers is one way. Some individuals like to choose numbers out of the sky, but this isn't always effective. In fact, it is the closest thing to completely ineffective. Even if you do…
  • Finding Happiness - The Benefits of VolunteeringA lot of people seem not to be happy with their lives because of their work. Working people as well as students seldom have time to unwind which is why most studies show that people who are too busy are definitely stressed all the time.…
  • Good Reasons to Install a Monitored Home Security System Homeowners who are considering installing a home security system may need a rationale to make this investment. There are plenty of good reasons to install a home security system. Your home is a significant investment, not to mention a…