nessebar
BANNED
- May 26, 2008
- 162
- 450
If you would like to know how to make money online with only a
five dollar investement, read on.
Domain names sales made new recently when vodka.com was
purchased for three million dollars. Earning that kind of
money for a domain name is not the norm, but one can earn
money buying and selling domain names if they adhere to some
basic principals.
> General domain names sell best. Cars. com would fetch a
pretty penny because any and all car companies might want
that web address.
A domain name like "carolinacars.com" would have less of an
appeal. You might still get bids from some car dealers located
in the Carolinas. but I am sureyu see that it's appeal would be
limitted to that area or to someone named Carolina. .
March.com recently sold for over $40,000 dollars: single,
general words always get a larger price. Consider your
"audience" and aim for terms and words that have the
broadest appeal.
> Steer clear of patented and copywritten names. Even if
"toyota.com" were available, that name is owned by the Toyota
Company. Most sites would bar you from offering that name
for sale and if not do you really want to litigate with Toyota?
The same can be said for names of famous people. Thegoverning board
of such matters (they are called ICANN)
have time and again ruled in favor of celebrities who have
asked to have thier names returned, after they have been
registered as domains. Do not waste time investigating or
trying to buy domain names that you suspect you do not have a
right to own. You're probably right.
> Do try to find three letter combinations like jky, zoh or kng.
There are many businesses and /or indiviudals who use a
series of letters when abbreviating thier
themselvesor thier business. Three letter combinations have
been know to generally get higher bids than four or five letter
combinations.
> Hyphenated words may or may not be valuable. Recently
busi-ness.com sold for a very large sum, even though
hypehenated words are usually thought to be less valuable.
Businesses generally fear that the person typing will forget
the hyphen and wind up at a competetitor's site. However, in
this case all forms of the word "business" had been taken long
ago. So in this case the purchaser felt the opportunity to be
called "business" in any form was worth tens of thousands of
dollars. Studying sites like sedo can inspire you to try
variations of this idea. They are very successful at times.
> Do not overprice your domain names. I think it is always
better to take the "make me an offer" option. You do not have
to accept the first offer you get and
one bid can lead to another. If you set a high price for yourdomain name
you may get no bids at all.
>Do not sell your domain name for too little either. If you buy
a dot tv domain for twenty dollars and sedo charges you fifty
dollars to handle the sale obvioulsy you will not want to sell
that doman name for one hundred dollars. Some people do buy
domain names to hold on to them and plan to sell them in the
future.
In fact, many are doing this with dot tv's, in particular, but
most people want to sell thier doman names now. Just
remember to consider all your costs when you decide what the
minimum bid you will accept is going to be. At sedo you do not
have to accept any bid that you feel is not adequate.
> Shop around before buying domain names. If you are buying
domains just to sell them you do not want to pay a "hosting
fee'. You simply want to buy ownership of the doman name.
What you are actually paying for is the registration of the
site to your name. Prices vary, some charge as little as five
dollars for dot com addresses. Dot tv domains usally cost
about twenty dollars. Just make sure you are Only buying
what you need. That is buy domain ownership. Unless you plan
to build the site and do business on it , you do not need
hosting, for which you will incur a monthly charge.
>Study what's selling. Take a look at websites like "sedo" to
see what is and isn't being bid on. Sedo is a site where you can
list your domain name for sale at no charge. You can also
purchase a particular web address there. If somene alreadyowns the
domain name you have your heart set on this is where you can make an
offer on it. Be advised that if you list
an web address or domain name for sale at sedo and you
accept someone's bid, sedo charges a fee of $50 to broker
the transaction. Study what names are getting the bids and
how much they are selling for. Many aim to make money by
selling a dot com they bought for five dollars for a thousand,
while the goal of others is to wait till they can find domain
names that might bring in huge amounts. After studying the
sites you can decide "what type of seller you'd like to aim to
be" and should have a general idea of what type of domain
name would be popular enough to draw bidders.
> Start slow. I would not recommend paying to buy numerous
domain names in the beginning. It can be excititng to see what
is available and think you are "sure it will sell". The last thing
one wants though is to own two hundred domain names, none
of which are being bid on. You will probably also want to spend
some time considering which domain name ending you want to
invest in. Dot com and dot biz are the most popular but there
are now numerous endings.
Dot info can be a valauable ending if the dot com and dot biz
are already taken. Dot mobi refers to domans that can be
accessed via mobile phones, and is new and gaining in
popularity. Dot tv is also new and some people use them on
television, specifiically. A company that sells products on Tv
might want that ending. There are also domain name endings
that refer to specific places like dot jp, for japan and .uk.com
for companies located in the United Kingdom.These domain names Can
be valuable, even if they are not a dot com, but it pays to spend time
looking at sites like sedo
and others to see what types of domain names and which
domain name endings are getting bid on. For sites other than
sedo, simply use a search engine and search "sell + domain
name.
There are many options, though I do prefer sedo because it is
free to list there.
> Realize that you are not the only player. When someone
abandons a web address or domain name, by not paying thier
yearly renewal fee, there is a period of time where it is listed
as "about to be available". There are various sites that
seasoned buyers and sellers belong to where they pay fees to
be advised on what is about to be available. This does not
mean that through trial and error you can not hit upon an
available domain address that will noone owns. It does mean
that unless to become a bidder you will have to spend some
time trying numerous domains before you come across one
that is available and that you think has good potential. Try not
to get frustrated, others are thinking up combinations at the
same time you are. If you are diligent, you can still find
valuable domain addresses that you can register as your own
and sell.
If you follow these simple principals you Can make money
buying and selling domain names. With a bit of research and
perserverance you could be one of those people who turned
five dollars into hundreds, thousands or even tens ofthousands of dollars.
Domain buying and seling is not only fun, it can be profitable and how
many other ways can you think of
to make money online.... with an investment of only five
dollars?
Good Luck trading!
five dollar investement, read on.
Domain names sales made new recently when vodka.com was
purchased for three million dollars. Earning that kind of
money for a domain name is not the norm, but one can earn
money buying and selling domain names if they adhere to some
basic principals.
> General domain names sell best. Cars. com would fetch a
pretty penny because any and all car companies might want
that web address.
A domain name like "carolinacars.com" would have less of an
appeal. You might still get bids from some car dealers located
in the Carolinas. but I am sureyu see that it's appeal would be
limitted to that area or to someone named Carolina. .
March.com recently sold for over $40,000 dollars: single,
general words always get a larger price. Consider your
"audience" and aim for terms and words that have the
broadest appeal.
> Steer clear of patented and copywritten names. Even if
"toyota.com" were available, that name is owned by the Toyota
Company. Most sites would bar you from offering that name
for sale and if not do you really want to litigate with Toyota?
The same can be said for names of famous people. Thegoverning board
of such matters (they are called ICANN)
have time and again ruled in favor of celebrities who have
asked to have thier names returned, after they have been
registered as domains. Do not waste time investigating or
trying to buy domain names that you suspect you do not have a
right to own. You're probably right.
> Do try to find three letter combinations like jky, zoh or kng.
There are many businesses and /or indiviudals who use a
series of letters when abbreviating thier
themselvesor thier business. Three letter combinations have
been know to generally get higher bids than four or five letter
combinations.
> Hyphenated words may or may not be valuable. Recently
busi-ness.com sold for a very large sum, even though
hypehenated words are usually thought to be less valuable.
Businesses generally fear that the person typing will forget
the hyphen and wind up at a competetitor's site. However, in
this case all forms of the word "business" had been taken long
ago. So in this case the purchaser felt the opportunity to be
called "business" in any form was worth tens of thousands of
dollars. Studying sites like sedo can inspire you to try
variations of this idea. They are very successful at times.
> Do not overprice your domain names. I think it is always
better to take the "make me an offer" option. You do not have
to accept the first offer you get and
one bid can lead to another. If you set a high price for yourdomain name
you may get no bids at all.
>Do not sell your domain name for too little either. If you buy
a dot tv domain for twenty dollars and sedo charges you fifty
dollars to handle the sale obvioulsy you will not want to sell
that doman name for one hundred dollars. Some people do buy
domain names to hold on to them and plan to sell them in the
future.
In fact, many are doing this with dot tv's, in particular, but
most people want to sell thier doman names now. Just
remember to consider all your costs when you decide what the
minimum bid you will accept is going to be. At sedo you do not
have to accept any bid that you feel is not adequate.
> Shop around before buying domain names. If you are buying
domains just to sell them you do not want to pay a "hosting
fee'. You simply want to buy ownership of the doman name.
What you are actually paying for is the registration of the
site to your name. Prices vary, some charge as little as five
dollars for dot com addresses. Dot tv domains usally cost
about twenty dollars. Just make sure you are Only buying
what you need. That is buy domain ownership. Unless you plan
to build the site and do business on it , you do not need
hosting, for which you will incur a monthly charge.
>Study what's selling. Take a look at websites like "sedo" to
see what is and isn't being bid on. Sedo is a site where you can
list your domain name for sale at no charge. You can also
purchase a particular web address there. If somene alreadyowns the
domain name you have your heart set on this is where you can make an
offer on it. Be advised that if you list
an web address or domain name for sale at sedo and you
accept someone's bid, sedo charges a fee of $50 to broker
the transaction. Study what names are getting the bids and
how much they are selling for. Many aim to make money by
selling a dot com they bought for five dollars for a thousand,
while the goal of others is to wait till they can find domain
names that might bring in huge amounts. After studying the
sites you can decide "what type of seller you'd like to aim to
be" and should have a general idea of what type of domain
name would be popular enough to draw bidders.
> Start slow. I would not recommend paying to buy numerous
domain names in the beginning. It can be excititng to see what
is available and think you are "sure it will sell". The last thing
one wants though is to own two hundred domain names, none
of which are being bid on. You will probably also want to spend
some time considering which domain name ending you want to
invest in. Dot com and dot biz are the most popular but there
are now numerous endings.
Dot info can be a valauable ending if the dot com and dot biz
are already taken. Dot mobi refers to domans that can be
accessed via mobile phones, and is new and gaining in
popularity. Dot tv is also new and some people use them on
television, specifiically. A company that sells products on Tv
might want that ending. There are also domain name endings
that refer to specific places like dot jp, for japan and .uk.com
for companies located in the United Kingdom.These domain names Can
be valuable, even if they are not a dot com, but it pays to spend time
looking at sites like sedo
and others to see what types of domain names and which
domain name endings are getting bid on. For sites other than
sedo, simply use a search engine and search "sell + domain
name.
There are many options, though I do prefer sedo because it is
free to list there.
> Realize that you are not the only player. When someone
abandons a web address or domain name, by not paying thier
yearly renewal fee, there is a period of time where it is listed
as "about to be available". There are various sites that
seasoned buyers and sellers belong to where they pay fees to
be advised on what is about to be available. This does not
mean that through trial and error you can not hit upon an
available domain address that will noone owns. It does mean
that unless to become a bidder you will have to spend some
time trying numerous domains before you come across one
that is available and that you think has good potential. Try not
to get frustrated, others are thinking up combinations at the
same time you are. If you are diligent, you can still find
valuable domain addresses that you can register as your own
and sell.
If you follow these simple principals you Can make money
buying and selling domain names. With a bit of research and
perserverance you could be one of those people who turned
five dollars into hundreds, thousands or even tens ofthousands of dollars.
Domain buying and seling is not only fun, it can be profitable and how
many other ways can you think of
to make money online.... with an investment of only five
dollars?
Good Luck trading!