Check out these recent 'colossal' domain sale prices! Massive Profits are well and truly back the news. (Truth be informed, they've never really been from it). With 'big' money at stake, it's no wonder the Url of your website Barron's prefer to keep an incredibly low profile. Here are 10 Hot Ways to turn 'your' domains in dollars.
Tip 1. (More a 'revelation' over a tip). Did you know that you have now businesses specially create to 'finance' those thinking of buying domain names? Were you aware that we now have multi-million dollar companies, whose sole activity is buying, selling, parking or leasing website names? Why is this applicable? Well, these 'major players' usually are not in it for entertaining. They know (definitely) there's 'big bucks' to become made from domain brands.
Tip 2. When it comes to turning domains into cash, names ending in. com are still 'king'. The two word domain name DataRecovery. com went for a whopping $1, 659, 000. 00 in the first half of 2008, whereas the one word Fund. com when for a simply staggering $9, 999, 950. 00 in the same month / year. OK, 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.
The best domain names are those comprising generic terms / movement (and 'keywords'). 'Anti Virus' is among a generic expression, as is 'Poker Tournament'.
Tip 3. Understand, it's not just dot com websites that sell. There's money to be produced from other Top Amount Domains (TLD's) far too. i. e.. net,. org,. info and. biz.
FilmSchool. net and WallStreet. info sold in 2008 for $49, 501. 00 and $25, 500 respectively. If you had discovered either of those examples as an 'unregistered name', you would probably are actually asked to pay a maximum of $10 to secure your current prize!
Perhaps more appropriately, numerous sales in the actual $0000 and $000 price range occur every month.
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.
However, if the dot com name is a pure generic name (electronic. g. Christmas Tree) then it could be safe to snap up among the other TLDs or a Geo / Regional version from the same domain name as (on the best of my information) it's still the situation that obvious 'generic' terminology cannot successfully be protected by trademark registration. (But don't depend upon this, always investigate and consider professional advice).
Tip 4. When it comes to names with 'country' or 'region' certain extensions, exciting 6 figure product sales are occurring. Don't believe me? Well note that FreeCreditReport. co. uk sold in 2008 for the very healthy $300, 000. (Wish I'd switched that domain into money).
Tip 5. Domain Names don't need to be short and memorable to warrant an incredible 6 digit purchase cost. Demand is steadily growing for sensible names, comprised of one or higher words that clearly describe a marketable services or products. Why? Every year the quantity of businesses goings online improves dramatically. (Work it out on your own).
Tip 6. Don't for one moment believe that 'flipping' (i. e. buying in the expect of immediately reselling) is of having to turn your areas into dollars. If you acquire several domains, you should investigate acquiring some into websites that you could then sell, along with the domain. Doing this can add a lot of value to the domain. It also gives you more opportunities to create a sale, as you can browse attract not only those buying good domain name, but also folk simply seeking an online site with a decent identify.
Even if you know nothing about web development, you can get a freelance to create one for you really cheaply. Web Developers frequently market their services through elance. com, guru. com (or a whole range of other Outsourcing Websites).
Many domain names are suitable for 'Free Parking' via services prepared share revenue generated by means of visitor traffic. Simply type 'Domain Parking' into your favourite search engine optimization, then compare offers. Such services effectively host your domain name for free, and can make your domain look more appealing to a prospective buyer.
If a Free Parking Service forces you to just $5 each year outside of the annual cost to register your domain name, you're ahead of the experience. OK, $5 a year just isn't much (unless, that is, you've got 100, 1000, or 10, 000 domains that are extremely earning you a $5 earnings annually). Do the math! Decent domain names increases in value overtime therefore, by parking names to pay their renewal costs, you can afford to settle back and wait for a significant offer. (Win, Win! )
Tip 7. While there are absolutely no 'absolute' rules, consider carefully before you purchase an 'already registered' website that contains a hyphen, a numeral, or both. In some instances, you can come on top, but in most cases you will be wasting your money. Also, beware of those offering domains that seem really great one or maybe two word names until - that is certainly - you realize that the one who registered the name (definitely not the seller) has used the phone number '0' (zero) rather than the letter 'o' as part of a word. There are other text variations that can create a misleading perception. (So be watchful! ).
Tip 8. We've touched on this aspect earlier, but it's very crucial you avoid names which are trademarked or - as a result of passage of time - become recognised as 'known brands'. Just because a dot com name can be obtained, don't jump to the conclusion that the fantastic name you've identified can be a safe bet.
OK, you may well decide that - for your risk of just a couple dollars - you'll register it when you can, and investigate later. (That's probably just what I'd do! ). But subsequently, always remember to do your 'due diligence' before using a really name, or offering it to somebody else.
Bear in mind of which some business may (intended for whatever reasons) decided to go with the. net,. org or some additional extension. In many cases where this applies, those businesses will have taken the sensible precaution of purchasing the. com version too. But not always!
So, irrespective of the off shoot of any domain name you may be thinking of buying (e. g.. com,. net,. org,. us etc) check to see if anyone has registered / is using the same domain with an alternative extension.
Also bear in mind that there are still some businesses without an internet presence, who may be utilizing that fantastic name you put together 'off-line'. Where this applies, they may well include Trademark or similar protection under the law over it.
You can also get the fingers badly burn when you register a deliberate misspelling or 'sound-a-like' of any famous brand name. My advice? Don't bother (or consult your lawyer first! )
Tip 9. When it comes for you to using 'brand creation' as ways 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 small business does, or move into added fields, without having to alter their name.
For example, although we all relate Amazon or eBay in doing what we currently known these individuals for, there's a chance that - in fifty years time - they may have morphed into new enterprises (which can have nothing to do with the activities we associate them with at the moment).
You might sometimes possibly be offered, or dream up, domain name ideas that don't describe or indicate a specific business or interest spot. Such names can be valuable when you can locate someone with income, who agrees with a person. However, more often than not, they will prove severely to sell, compared to those that provide a clear indication involving what an internet individual might reasonably expect if he / she decides to visit a web site with that name.
Tip 10. In this article it's only been possible to discover the tip of the iceberg where domain name 'buying & selling tactics' are concerned. Tip 10 is to achieve that, in order to exchange domains like a 'pro', you need to get serious about increasing your knowledge, and start planning your current strategy. Invest some time as well as energy in learning whatever you can from 'experts' to present yourself that essential 'edge'. Then formulate a campaign to turn those domains into us dollars.
What Next?
For anyone looking to acquire a head start I can do no better than point you in the direction of my recommended Knowledge Base
Never forget, just one good concept gleaned from an 'expert source' can make you significant amounts of money if applied properly. I take the view that - with a certain amount of luck - the profits I stand to produce by arming myself using 'inside knowledge' should a lot more than compensate for any up-front investment of your time or money I might want to make in my future.
Even if you decide the 'Knowledge Base' mentioned above just isn't for you, you'll probably pick up some great insights, just by reading the actual introduction.
In my 'Resources Panel' - which immediately follows this article - you'll find one of the links to my website (dedicated to the main topic of domain names). Once on my website, you'll find links to your vast number of useful url of your website resources that you really ought to be familiar with.
Tip 1. (More a 'revelation' over a tip). Did you know that you have now businesses specially create to 'finance' those thinking of buying domain names? Were you aware that we now have multi-million dollar companies, whose sole activity is buying, selling, parking or leasing website names? Why is this applicable? Well, these 'major players' usually are not in it for entertaining. They know (definitely) there's 'big bucks' to become made from domain brands.
Tip 2. When it comes to turning domains into cash, names ending in. com are still 'king'. The two word domain name DataRecovery. com went for a whopping $1, 659, 000. 00 in the first half of 2008, whereas the one word Fund. com when for a simply staggering $9, 999, 950. 00 in the same month / year. OK, 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.
The best domain names are those comprising generic terms / movement (and 'keywords'). 'Anti Virus' is among a generic expression, as is 'Poker Tournament'.
Tip 3. Understand, it's not just dot com websites that sell. There's money to be produced from other Top Amount Domains (TLD's) far too. i. e.. net,. org,. info and. biz.
FilmSchool. net and WallStreet. info sold in 2008 for $49, 501. 00 and $25, 500 respectively. If you had discovered either of those examples as an 'unregistered name', you would probably are actually asked to pay a maximum of $10 to secure your current prize!
Perhaps more appropriately, numerous sales in the actual $0000 and $000 price range occur every month.
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.
However, if the dot com name is a pure generic name (electronic. g. Christmas Tree) then it could be safe to snap up among the other TLDs or a Geo / Regional version from the same domain name as (on the best of my information) it's still the situation that obvious 'generic' terminology cannot successfully be protected by trademark registration. (But don't depend upon this, always investigate and consider professional advice).
Tip 4. When it comes to names with 'country' or 'region' certain extensions, exciting 6 figure product sales are occurring. Don't believe me? Well note that FreeCreditReport. co. uk sold in 2008 for the very healthy $300, 000. (Wish I'd switched that domain into money).
Tip 5. Domain Names don't need to be short and memorable to warrant an incredible 6 digit purchase cost. Demand is steadily growing for sensible names, comprised of one or higher words that clearly describe a marketable services or products. Why? Every year the quantity of businesses goings online improves dramatically. (Work it out on your own).
Tip 6. Don't for one moment believe that 'flipping' (i. e. buying in the expect of immediately reselling) is of having to turn your areas into dollars. If you acquire several domains, you should investigate acquiring some into websites that you could then sell, along with the domain. Doing this can add a lot of value to the domain. It also gives you more opportunities to create a sale, as you can browse attract not only those buying good domain name, but also folk simply seeking an online site with a decent identify.
Even if you know nothing about web development, you can get a freelance to create one for you really cheaply. Web Developers frequently market their services through elance. com, guru. com (or a whole range of other Outsourcing Websites).
Many domain names are suitable for 'Free Parking' via services prepared share revenue generated by means of visitor traffic. Simply type 'Domain Parking' into your favourite search engine optimization, then compare offers. Such services effectively host your domain name for free, and can make your domain look more appealing to a prospective buyer.
If a Free Parking Service forces you to just $5 each year outside of the annual cost to register your domain name, you're ahead of the experience. OK, $5 a year just isn't much (unless, that is, you've got 100, 1000, or 10, 000 domains that are extremely earning you a $5 earnings annually). Do the math! Decent domain names increases in value overtime therefore, by parking names to pay their renewal costs, you can afford to settle back and wait for a significant offer. (Win, Win! )
Tip 7. While there are absolutely no 'absolute' rules, consider carefully before you purchase an 'already registered' website that contains a hyphen, a numeral, or both. In some instances, you can come on top, but in most cases you will be wasting your money. Also, beware of those offering domains that seem really great one or maybe two word names until - that is certainly - you realize that the one who registered the name (definitely not the seller) has used the phone number '0' (zero) rather than the letter 'o' as part of a word. There are other text variations that can create a misleading perception. (So be watchful! ).
Tip 8. We've touched on this aspect earlier, but it's very crucial you avoid names which are trademarked or - as a result of passage of time - become recognised as 'known brands'. Just because a dot com name can be obtained, don't jump to the conclusion that the fantastic name you've identified can be a safe bet.
OK, you may well decide that - for your risk of just a couple dollars - you'll register it when you can, and investigate later. (That's probably just what I'd do! ). But subsequently, always remember to do your 'due diligence' before using a really name, or offering it to somebody else.
Bear in mind of which some business may (intended for whatever reasons) decided to go with the. net,. org or some additional extension. In many cases where this applies, those businesses will have taken the sensible precaution of purchasing the. com version too. But not always!
So, irrespective of the off shoot of any domain name you may be thinking of buying (e. g.. com,. net,. org,. us etc) check to see if anyone has registered / is using the same domain with an alternative extension.
Also bear in mind that there are still some businesses without an internet presence, who may be utilizing that fantastic name you put together 'off-line'. Where this applies, they may well include Trademark or similar protection under the law over it.
You can also get the fingers badly burn when you register a deliberate misspelling or 'sound-a-like' of any famous brand name. My advice? Don't bother (or consult your lawyer first! )
Tip 9. When it comes for you to using 'brand creation' as ways 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 small business does, or move into added fields, without having to alter their name.
For example, although we all relate Amazon or eBay in doing what we currently known these individuals for, there's a chance that - in fifty years time - they may have morphed into new enterprises (which can have nothing to do with the activities we associate them with at the moment).
You might sometimes possibly be offered, or dream up, domain name ideas that don't describe or indicate a specific business or interest spot. Such names can be valuable when you can locate someone with income, who agrees with a person. However, more often than not, they will prove severely to sell, compared to those that provide a clear indication involving what an internet individual might reasonably expect if he / she decides to visit a web site with that name.
Tip 10. In this article it's only been possible to discover the tip of the iceberg where domain name 'buying & selling tactics' are concerned. Tip 10 is to achieve that, in order to exchange domains like a 'pro', you need to get serious about increasing your knowledge, and start planning your current strategy. Invest some time as well as energy in learning whatever you can from 'experts' to present yourself that essential 'edge'. Then formulate a campaign to turn those domains into us dollars.
What Next?
For anyone looking to acquire a head start I can do no better than point you in the direction of my recommended Knowledge Base
Never forget, just one good concept gleaned from an 'expert source' can make you significant amounts of money if applied properly. I take the view that - with a certain amount of luck - the profits I stand to produce by arming myself using 'inside knowledge' should a lot more than compensate for any up-front investment of your time or money I might want to make in my future.
Even if you decide the 'Knowledge Base' mentioned above just isn't for you, you'll probably pick up some great insights, just by reading the actual introduction.
In my 'Resources Panel' - which immediately follows this article - you'll find one of the links to my website (dedicated to the main topic of domain names). Once on my website, you'll find links to your vast number of useful url of your website resources that you really ought to be familiar with.
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