Well guys I’ve decided that it was time to rewrite this tutorial. After my site got deleted I was unable to find it so here we go again. When I first added this tutorial there was a lot of interest in it. So I hope you enjoy this and can benefit you or your business to some degree.
As you all know the domain business has been around for awhile now and thousands of people worldwide are making money from it. Although only a hand full of these are making the big money and I mean big, the rest of us can still make a nice living from it weather you do it part time or full time. Don’t believe those who say that the domain industry is dieing, It’s not it is like everything else in our world going slow at the moment like the markets etc, but if you want to make money from it then you will. I’m only young, still in school for that, and yet I use my initiative to buy great domains and resell them. People feel that you need domains like car.com or sex.com to make any money, but that is not true. Two word domains are a high end market if you know what you are doing and that is what I am going to show you.
domain flipping has many different approaches, the ones you choose can be vital in making you the money that you want. The domain industry is huge and it’s still there for the taken. So lets explain all these different ways to succeed!
Register and Flip- This is the most used method I to use this method when domain flipping. This involves either buying a domain that has just been dropped, deleted or expired or even just registering a fresh new one and then reselling it. Usually with new domains I can sell them the next day for hundreds in profit as I explained in a previous post. Now once you’ve got your domain it’s time to sell it for that beloved profit. Right we need to add this domain to many forums, blogs, social networks , twitter and auction sites, anywhere you can get exposure to it. Now what blogs what forums your asking? Well I have had most success on the following:
Forums:
dnscoop
DigitalPoint
Dnforum
NamePros
Blogs:
well for this you can pay people to promote your domain in a post or add it to your own blogs etc
Try my blog I list for free or here
Social Networks:
Twitter
Myspace
FaceBook
Orkut
auction sites:
Ebay
Sedo
I sell a lot of domains on digital point, I kind of feel that Digital point has lost its charm, but maybe you can still make small sales there.
Register, Develop and Flip – Now register develop and flip. This is wildly chosen by many domineers and works best for most. this involves buying keyword rich domains on a niche of your interest, developing a site or blog on them writing some content and then selling off both the content and the domain. This can be a very rewarding technique if initiated correctly. Some people spend months and even years developing websites to flip but we are just looking for a quick ROI and time after time. If you have a great unique idea and have time to spend then do spend time and make big money at the end, but I like to make quick blogs add some affiliate or advertisement integration and then sell quickly. the use of quality content ups the over all sale price that you receive. I suggest buying domains on a niche you like, setting up a blog wordpress etc and write a few articles, make a nice design and believe me the ROI can be quite high. I ‘ve experienced some great sales through this method.
Register, Develop, traffic and Flip – Now this is like the previous technique but this time you promote the website too. What you are doing is trying to get a stream of traffic to the site before you sell it. The selling price for this can be quite high. Now like before you can spend months and even years doing this, but remember we want quick money. So I suggest that you make your site/s and do all the above then for promoting it, just use forum signatures , add to all search engines and after a few posts you’ll be surprised how much search engine traffic you can receive. Now when you get a visitor count that your happy with you can then sell the site and boast about it’s visitors which will increase the value of the sale.
Domain flipping in my opinion is one of on-lines most rewarding and fun business to be part off. Don’t mind those people who say it is dieing it is as alive as ever before. When people say that all good domains are taken they are wrong. A domain is what you make it. Take lolble for example it is not even a word, yet this site has managed to become as big as it is. It’s all about the content! We hear this over and over but it’s the truth quality content makes a quality site. Well I hope everyone success and please ask questions, I will be glad to answer them!
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So, where is the information about how you earned $3000/month from parking?
IMO with above information, one can loose $3000/month from parking.