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DC's Money Making Method - #2 - Aftermarket Domains

Discussion in 'Making Money' started by DeskCoder, Jul 28, 2008.

  1. DeskCoder

    DeskCoder Regular Member

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    Ok, here is the #2 method, I actually do this one sometimes, but it does not make too much money, and the wait times are killer.

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    GoDaddy has an Aftermarket - TDNam.com. This place is excellent because it holds all the dropped domains from GoDaddy, but does not wipe the creation date. This means you can get old domains for about $12 a piece. Look at only the closeouts, all these are $12, the rest of the categories suck.

    It costs $5 per domain (the closeouts), plus $9.99 for a 1-year renewal, throw on a coupon, and the price gets cut to about $12.09.

    Buy some domains (good ones - either old or with PR) and throw them up on DP or NP for sale. I have sold all my PR ones for at least $25 - 100% profit. I have sold all my old ones (7+ years old) for at least $30.

    Here are the catches:
    1) It takes about a week after you buy the domain for you to actually get it.
    2) I don't know of any other places, other than DP and NP, to sell them. NP ain't bad, but DP sucks. And sometimes it takes an extra 2 or so weeks to sell the domains.
    3) You ain't making too much money. Yes you are doubling your money, but you are only making about $20 or so back per domain. There is a lot of upfront costs and waiting before you get your money back.
    4) Finding a good domain on there is not too hard, but most of the domains that drop are dropped because they suck.

    So this method is only a 3/10 because 99.5% of the time you will sell the domain for more money than you bought it for, problem is, you aren't making $100 per domain (which would be nice).

    More to come, but probably not for a few days.

    Link to my first method - Middle Man Affiliate Network - a 7/10
     
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  2. ugorrogu

    ugorrogu Registered Member

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    You can also create a simple site for each domain, throw some content on it and sell it for even more money.
     
  3. Rambo

    Rambo BANNED BANNED

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    Seems like a little too much trouble to make $20. I still think that this will be very helpful to noobs here and they have a good money making method to start with.

    Good share.
     
  4. blackhit

    blackhit Super Moderator Staff Member Jr. VIP Premium Member

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    Good "little" money maker.

    What's NP?
     
  5. DeskCoder

    DeskCoder Regular Member

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    Name***Pros - I like it, but a lot of people on it are Uber-Domainers who know all domains that they don't own are only worth $3.
     
  6. shithappens

    shithappens Registered Member

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    I am a longtime NP member, and actually I did all my online income through domaining.

    A nice tool to find old domains or PR domains at TDNAM is freshdrop*net

    In order to get the $12 price, you need to find coupon codes. There is an updated thread on NP about coupons, you should use them as in some cases it saves $3/domain.
     
  7. BlackLinks

    BlackLinks Newbie

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    Why not put them up on eBay and set an auction for 10 days. You can get around $40-50 for an average domain with no PR or traffic. I just download a daily drop list, filter the names, pick out good ones and register them. After that I park them and list them on eBay. Sometimes you'll get burned and lose money, but you'll make it back plus a return on most of them. You have to start bids at 99 cents with no reserve.
     
  8. Whisker

    Whisker Moderator Staff Member Moderator Premium Member

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    Good stuff DC, I have done this before as well but have fell off selling domains but it definitely works. I actually started as a NP member yrs back so I got my domain knowledge base from there and then started moving to other forums. Anyway fresh*drop.net is really nice too, it utilizes godaddy and a lot of other api's all in one(including snap, pool, ebay). If you sort by way back results you are sure to get some quickly indexable ones. And you're right just take em to DP(they will usually sell for at least $20 for a nice aged name), or I use them to get indexed hella fast bc giggle loves aged domains.

    This recent sharing gets two thumbs up deskcoder.