Tuesday, July 05, 2011

How To Make Money Buying & Selling Domains Names by Joseph Stan

Buying and selling properties is one of the most profitable business in the online or offline world. Here, this article reveals some useful but simple tips that you can follow to make serious cash online. Remember that you don't have to subscribe to expensive courses online or buy hundreds of dollars worth ebooks to learn the tricks and formulas to do this yourself. The truth is : there's no such things like a secret or formula.

All you have to do is to know what is actually going around you. Keep track of everyday updates not only in the online world but also in the offline world where you are physically present. This could be anything like changes in the real estate industry or even in Information technology. If you can be a good observer, then you can make real good money without investment. That's why virtual real estate is totally different from that of the offline world.

The domain name is the treasure. You need not spend your time and effort for creating content, article marketing, building backlinks, outsourcing, etc. as you are not building or buying a whole new website. You are just dealing with the domain names only. So just bother about the name of the domain only. Determining the scope of a domain name is to be done carefully, especially if you are spending thousands of dollars to buy from the owner to sell later.

Make a habit of visiting auction sites like godaddy.com, sedo.com, flippa.com, etc. If you spend a few minutes daily on these sites, then you would learn what kind of sites are selling at good price, which market is more popular, what the people are searching for and thus gives you a niche insight and good prediction on domain names. That makes it easy for you to duplicate what others are doing in this niche.

A few minutes of work can earn you thousands of dollars. And if you are keen in your observation, you can certainly end up finding and registering upcoming premium domains for the regular price from any registrar, like men.com or buy.com. If you don't know where to start, spend a few minutes daily in services like auction sites and domain info services like flippa, sedo, etc.



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