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What to do with a premium domain - advice please

Discussion in 'Domain Names & Parking' started by addyap, May 23, 2013.

  1. addyap

    addyap Newbie

    Joined:
    May 17, 2013
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    Hi guys,

    I have a premium domain name that I don't currently use and wish to put it to good practice. I registered it 2 years ago.

    I have two choices according to my experience:
    1. I can either forward it (via my GoDaddy account) to go to the domain that has an online shop/store on it (in other words loaning it out).
    2. I can put content on it to get the best out of it as a premium domain name. I have never done this before, so have no idea on how to reap the benefits.

    So, a couple of questions with a request for your feedback please:

    1. Does forwarding the domain have any advantages or disadvantages?
    2. Where would be the best starting point if the 2nd option was the most feasible?
    3. Are there any other options open to me apart from those 2 I envisage above?

    The domain is geared to the online cosmetics industry and is word for word, a product that is highly sought-after, but each word separated with a - .

    Thank you in advance for any advice or feedback.

    Antony