Flipping Domains for Quick Cash

Flipping Domains for Quick Cash

If you plan to eventually resell the domain name, then you want to research how similar domain names have been selling. To do this you can do to www.tdnam.com. On this site, you’ll see that there is a list of domain names that are being bid on.

Again, you’ll notice that most of the domain names that are receiving high bids have just two or three words in them. You’ll also notice that these domain names deal with a certain theme.

So, if a domain name about Spring Break is being bid on for around $50,000, it would be a good idea to try to find a similar domain name that you could sell. The exact domain that was being bid on when I looked was cheapspringbreak.com. So you could try to think of things like: saveonspringbreak.com or springbreaksavings.com.

When you’re ready to resell the domain name, you should first price how much it should be worth. If a .net of a name you own the .com for sells, you should expect to get at least five times that price for your domain.

You can also have your domain name appraised by a domain name appraisal site. But this costs you money and there’s no guarantee you’ll find a buyer willing to pay the appraised amount.

When you’re finally ready to sell, you can either set up your own page and sell it, or you can have a domain broker do the work for you. Obviously you’re going to pay for the domain broker, but he may be able to get you more money for the name. You need to be honest about your own commitment and ability to sell a domain name and decide from there.

For expired domains, you’ll want to research how popular the website is. You’ll also want to check out the links that are already pointing to the site. There are websites that will help you do this or you can buy software that is often even more helpful. Look up the domain on www.Alexa.com and see how it ranks in regards to position and traffic.

You also have the option to park your domain. Parking can be done by the company you registered with, or another company that you buy hosting through. When you park a domain, you can either let the default text post to it, or write up a sales pitch to sell the space to someone else.

Make sure you include how they can bid on the site or submit an offer to you directly. Give some details about the amazing stats the site has had in the past or currently enjoys. Talk about the potential it has for being fully developed.

Parking lets you see if there’s a natural demand for the domain. You’ll know how much to raise your price if you’re getting unsolicited emails from others hoping you’ll let the domain go for the right price.

Let’s look at another proven way to cash in on the ‘net – by using affiliate marketing, either as an affiliate promoting other people’s products, or as a product owner attracting an army of affiliates to do your work for you.