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Making Money Online By Buying Domains Then Selling?

Discussion in 'Domain Names & Parking' started by MicrosoftPoints, Mar 25, 2010.

  1. MicrosoftPoints

    MicrosoftPoints Regular Member

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    Anybody know of any ways to do this? What software is good for suggesting/finding available names and etc? I would probably buy like 100 then let them age for a while and then sell them.
     
  2. Spawn

    Spawn Jr. VIP Jr. VIP

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    i think it would be better to find domains that are ALREADY aged! and with PR!, freshdrop was good until lately,now they want to charge you to see the details of the domains,. anyone else got any ideas?
     
  3. MicrosoftPoints

    MicrosoftPoints Regular Member

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    Yeah I say so but I don't want to pay a premium for something like that. I want to be able to buy like 20 .coms for $150 and then end up making like $15000 in a few years. but thats only if i can get a really good name. the names are out there but how to find them?
     
  4. GreyWolf

    GreyWolf Executive VIP Jr. VIP

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    The good ones worth buying for speculation have already been purchased. That would be like the 4 letter domains you always hear about. But don't fall for the jsut cause its four letters its valuable crap. But all the generic terms like cars.com rent.com sex.com games.com download.com sodapop.com names like those can be monetized just based on the name alone.

    There are still many, many great names, but the value isn't in just the name now. Why spend $5000 for something like reallygreatgames if you can do the same with greatgames4u. The value for speculators now is whether you can create some value for the domains while the are aging. In other words put the domains online, put a minimal amount of targetted keywords and do at least a little seo on the site. Blast out a little bit to get some backlinks. Throw some adsense on the site so there is at least a little point to them while you have them. Then in a few years you might have some sites that you can sell. I'm not saying that you need to devote a lot of time to it, but there needs to be something to add value while your letting them age.

    Otherwise your just locking up some domain names that people might be able to use, but aren't going to pay a premium for either. You'd be doing more of a service, and make yourself more cash by just flipping websites.

    It's still somewhat of a scam, because it's mostly noobs that don't have a clue that buy the turnkey sites. They buy them thinking money will just start rolling in. Nothing wrong with flipping, this is BHW after all. At least the noobs get something, and they can either go ahead and learn to promote it or let it drop.

    The time for domain speculators to be buying was back in the 90s and first part of the 00s. If you had thought of it then, you would have really been able to make a killing if you held on to them long enough. sex.com sold for $14mil just a couple years ago. We can all kick ourselves in the butt for not buying up some domains back in the day. lol :)
     
  5. MicrosoftPoints

    MicrosoftPoints Regular Member

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    Nice post. I agree. But what can we do I wasn't old enough to buy domain names in the early 90s :p

    But I think I might get into site flipping, you know of any good guides or posts to start off with reading?
     
  6. GreyWolf

    GreyWolf Executive VIP Jr. VIP

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    It isn't something I do so I can't give you personal experience. Just do a little searching on google. Search for site flipping for sure. But also search for shared host reselling. Most of the reseller accounts I've seen have a section with things like templates and such for e-commerce sites. Also search for mfa templates. If you go the mfa route you should probably tweak the sites a little when you set it up so the buyer will at least have a chance of being accepted when they apply.

    You will absolutely want to do this with a reseller account. That way not only do you put up a turnkey site and flip the domain, but you will also get paid monthly hosting fees, until the buyer gives up on the site or moves it to another host.

    Search completed auctions on ebay for turnkey websites so you can see what are the best types of sites that sell. Like I said just do a little research and you can find all the info you need. There are many threads on BHW that deal with flipping sites. And everything you need to know can be found just by searching g00gle.

    Good luck.

    edit- I just typed flipping into the search box on bhw. its at the top of the column to the left. :) There is a lot of threads related to flipping, read through those threads and you should find some good methods and advice.
     
    Last edited: Mar 25, 2010
  7. themvf

    themvf Junior Member

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    Here's a site I think is extremely valuable:
    Code:
    http://www.domainwhiz.net
    Type in your keyword and it will give you results based around that KW. Found some really good domains that way. One note is that sometimes it comes back with available and it really isn't. Only a handful have been like that.

    Also check out Google Trends for possible domains. The 3D/3DTV landrush has been going on and I recently bought at least 10 or so in the past few days. I'm going to sit in them until the technology catches up.