Yah, this is the story. These days, corporate honchos do not mind loosening their purse string, when it comes to acquiring new and premium domain that can add to their robust online profile.Probably, this is the reason why people are thronging around Flippa and their likes with the hope of acquiring premium domains.
Just a few years ago, www.cellphones.com was sold for a staggering USD$4.2 million, and that clearly, indicating the fact that there is enough opportunities left to earn some hard cash and all you need to do is to tap this opportunity. However, if you are a newbie or know nothing about where to start or how to make this happen, let me explain things for you.
Have an Idea: Before you go on domain buying spree, I will suggest you to do some research to find out which domains are in demand and how much money people are willing to pay to get them under their banner. Moreover, you will have a fair idea of how much money you are supposed to burn out to be able to get into the ring of domain buying.
Which Domains to Buy – an Eternal Dilemma: The crust of the issue is that there are almost zillions of websites available and it does not make any sense, if you go for random buying. You will quickly burn out your budget and the result may not augur well for you. There are some rules of thumb that you need to follow, while you are into domain buying:
Try to buy those domains that are short and simple.
Since it is virtually impossible to get hold of one word domains, you need to try some weird variations and synonyms.
Do not use any separator in the domain names as this drastically reduces the importance of the prospect of the domain name.
Try to go for .com whenever it is possible.
And never ever try to infringe the copyright of other company’s trademark.
You have your hands on Google keywords suggestions tool to have an idea of what types of domain names may be shot to fame in no time. And beware of using any domain name generators because these tools sometimes come up with suggestions that simply do not make any sense. Keep faith on your creativity and you will surely have a better world.
Choose reliable Web hosting: Since you are planning to sell your domains, there will be certain technicalities involves. So, it makes perfect sense that you have chosen a web hosting company that can provide you all the support that you might need while transferring ownership. Do not let your small budget play spoilsport. There are some discount coupons available on some reliable web hosting service providers like midphase, anhosting etc. Just Google with the terms related and you will have loads of them.
Park Them: So, you have bought some domains and have got them hosted. Now, what you are supposed to do? Well, you have two options left, either you can add some content, have a great design and do some develop work around them if you wish to rope in some high profile customers who are willing to buy domains that are adding value. However, if you are not into that mood, you can simple park your domains. Parking of domains will automatically create an advertising listing based on the name of the domain. So, you are going to get benefited two ways. One, you will have some passive income in the form of clicks on ads and secondly, you are selling it hot to prospective customers.
Author Bio
Michael Evans is a professional blogger and he has written different articles on promotional codes at coupon blogs that houses coupon code for midphase and anhosting coupon code. He is associated with a coupon site where you can find amazing offers on anhosting coupon code, midphase promo code and other promotional codes.
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