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Make money from similiar domain names??

Discussion in 'Making Money' started by msuper28, Feb 18, 2014.

  1. msuper28

    msuper28 Power Member

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    Hi guys, i was thinking if is possible to make money in this way:

    -you find an available domain name for sale which is similiar to famous domain names like facebook.com
    -you buy for example a domain which is available for example: fa$ebook.com
    -flip the domain and resell it to higher price

    I've read fb.com was sold for about 9$ milion to facebook.com sometime ago. Is this still possible?? Where to find potential domain buyers?
     
    Last edited: Feb 18, 2014
  2. sikkepit3

    sikkepit3 Junior Member

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    Yes it is still possible and A LOT of people are making money of of it.

    I would suggest googling 'domain auction' or 'domain marketplace'.

    One of the most popular places to sell your domains is flippa.
     
  3. msuper28

    msuper28 Power Member

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    thanks, we should work together mate xD however i found some available domain names and they aren't so cheap, they go from 400$ to 1000$/year but i think you can make good profit. But when buyer buy your similiar domain names what he can expect from the domain he bought? How can he make money with a domain name similair to facebook.com for example? He makes money with ads?

    *i've got lots of ebooks about domain flipping, i should start to take action now, i'm usually lazy lol
     
  4. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

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    That was an exceptional case and it's highly unlikely you will find anything similar..
     
  5. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

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    No offense but you're setting yourself up for failure. Don't go buying expensive domains out of the gate you have no idea what it will take to sell them.

    You should start smaller and go for things that will sell quickly. Learn how to market the domains first before trying to buy something for a lot of money and then possibly having that money tied up for a long period of time.

    It's not like you're just going to go buy a domain and turn around and sell it next week sometimes it can take years and you have to be ready for that.

    And buying similar domains is not always a good idea. For example you wouldn't want to buy anything similar to Facebook because then you have to sell it to Facebook - who won't buy it from you. You're much better off purchasing domains who have 5-10 or more potential buyers. Something that you could sell quickly so that you can gain experience. And not all domains will sell - that is always a risk so keep that in mind so you don't tie up too much money into a domain only to find out that nobody wants it or will pay your price.
     
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  6. sikkepit3

    sikkepit3 Junior Member

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    Yea exactly what yeaimsonia is saying. Don't start with spending hundreds of dollars without knowing what you are doing.

    That's like going to a job interview and saying you don't have any experience and didn't go to school for that particular job either :p.

    Start small with little domains, make some profit let's say 5-30 dollars or so and then work your way up.
     
  7. trustedfire9

    trustedfire9 Jr. VIP Jr. VIP Premium Member

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    @OP you are talking about typo domains marketing , domains forums and seo skills from here will help you ....

    don't think so HelloInsomnia , e.g i bought fresh domain adrool.com for $ and in the same week i sold it
    for adroll.com for $$$ , i can't talk more about this easily can get saturated ........
     
  8. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

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    I meant for situations where you sell it for a ton of money like that.

    Yes you can buy misspells but then you only have one person to sell it to (theoretically - people will buy misspells on really popular domains but those are usually taken anyways).
     
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  9. ProSEO Show

    ProSEO Show Regular Member

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    Couple years late but yeah this tactic has brought ppl decent amounts of money, but GL finding one. fa$ebook.com is not a good example, no one is reaching all they way up to the number 4 with shift held down when they're trying to type 'c'. favebook would be a better idea, as the v is right next to the c on most keyboards. Consider mobile phones now too, this could really change the approach a bit and might open up some available ones that others haven't considered. (blackberry kb's were kind of strange, and could easily lead to some variances of the typical typo's...)

    Also there is some legality and morale issues with this. If the morale part isn't something that concerns you, at least consider protecting yourself legally and make sure you know all the legalities of this approach. At the very least I believe a company like FB could confiscate the domain if they found what you were doing. Normal people wouldn't have the resources to pull that one off, but obviously corporate giants can shit on the little guy in any situation.
     
    Last edited: Feb 18, 2014
  10. Shadexpwn

    Shadexpwn Jr. VIP Jr. VIP

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    This method still works but you have to be creative. If you look at popular foreign television shows and movies you can snag a domain that is a typo of the actual series and set up domain parking and then get visitors from every person who incorrectly types in the domain.

    Shadexpwn
     
  11. Sunday Lunch

    Sunday Lunch Junior Member

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    OP -

    I don't recommend this forum for anything relating to domaining, a lot of people talk about the subject when they have no experience. No offence to anyone & not aimed at anyone that has posted, just my general view of what I see. Don't get me wrong, there are people who have sold domains that post on this forum but because so many people that have never sold domains feel like they have to chip in, the voices of reason get lost in the bollocks.

    I don't even recommend the domaining forums like NamePros or DNForum, they are populated by people (99%) who think they will make money from hand registering crap and selling it on.

    Check out an aggregator - domaining .com. Daily required reading is Domain Investing .Com, The Domains .com, Ricks Blog .com.

    I would advise you to start with Ricks Blog.

    There are a whole host of new domains coming on stream at the moment like .CEO, .Guru, .Ninja! The easy thing (and wrong) for you to do is to either hand register a load of these or hand register a load of .coms, DO NOT DO IT. As a general rule of thumb 99% of what can be hand registered is going to be unsaleable.

    Get in your head a clear plan of action about an industry sector that you would like to sell domains to, find out who in the sector owns what domains, find out who in the sector is responsible for buying the domains for their particular company etc etc. Get to know 1 area first.

    Whilst you are doing this, keep an eye out on the drops taking place at Namejet (and other similar sites). You can follow the prices of the top end of the market, which will give you an idea about what will potentially one day be your own FB.com, although don't bank on that ever happening! More importantly you can start looking for the industry specific (which you've identified) relating domains that you may be able to nick for cheap ($69) and sell on for a quick $XXX-$XXXX. Because you are looking for niche industry words as opposed to generics, you will still find bargains.

    Now although I said quick don't think that selling domains is easy, there is probably 500 people on the planet that make a real living doing this and probably over half of them registered names over a decade ago. That is not to say you cant carve out a living but like anything else in life it is hard work.

    So for any typos etc, I am knackered.
     
  12. deedee1whoa

    deedee1whoa Power Member

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    I was always interested in this, so it was cool to read some of the ideas.

    Thanks, guys & the OP! ;)
     
  13. msuper28

    msuper28 Power Member

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    thanks guys for replies, this is a very interesting thread
     
  14. msuper28

    msuper28 Power Member

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    So, you think you could be in legal troubles if you sell domains similiar to facebook for example? What facebook company could loss if they see on the web similiar domain names?
     
  15. Darren9682

    Darren9682 Regular Member

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    There is very much a legal issue. Trademarks and Brands now have the legal right to take ANY domain that is purposely set up in order to fool others.

    so for example Fa$ebook, Micro$oft etc could all be legally taken by facebook and microsoft. you're far to late for this. move on.
     
  16. msuper28

    msuper28 Power Member

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    so you're saying these companies could get you in prison for a domain name? i didn't know about this lol
     
  17. Darren9682

    Darren9682 Regular Member

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    I never said prison as it wouldn't go that far. But they can take the domain freely from you. If it's something you do often then you can end up with a fine.
     
  18. Numbuh362

    Numbuh362 Elite Member

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    fb .com would of still sold for a few thousand even if facebook didn't exist because it's a 2 letter domain name.
     
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  19. dannym954

    dannym954 Regular Member

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    Fucks me off that the guys who got flappybird.com and flappybirds.com are just hosting the game on it...
     
  20. msuper28

    msuper28 Power Member

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    Can two letter domain name make money? a domain similiar to adf ly woulb be good, like op.ly?