How
To Buy And Sell Domains For 10,000%+ Profit
Author: Jonathan Street
This truly is the business to
get into in 2005. It's a red hot opportunity that
can make you anything from $150 to $3000+ a week
part time. And this article will walk you
step-by-step through the money-making process.
There are a few ways you can make money buying
domain names and selling them on for profit. And
I mean PROFIT. You'll see why people will be
scratching at your door to buy off you in just a
moment.
But first let's start with the basics.
All domain names are only registered for a
limited amount of time.Registrars can choose to
use the name for a period of between 1-10 years.
After this the rights to these domain names
expire and the user has to renew the name again.
If they don't do this it will be placed on hold
for a short time and then deleted. This means it
is then availible for anyone who wants to buy it!
This Is Where You Can Cash In!
20,000 expired domain names are made availible
each and every day. Some of them are very
attractive and well-established names.
The owners of many of these domain names will
have accidently let them expire. But their
carelessness is our gain.
You see you can "grab" these domain
names (a term used for purchasing an expired
domain name) for around $10 and then sell them
back to the old owner for hundreds of dollars!
The owner will be willing to pay huge sums to you
because they had built up qualified traffic over
X amount of years and didn't want to lose all the
previous custom.
It's not just businesses that have carelessly let
their domain name expire that will buy off of
you. It's other businesses too that will buy the
name to get the old owners' traffic. It's a
legitamate way of increasing your customer base.
But is this a legitamate business? YOU BET!
There's nothing shady or untoward about this
business in the slightest. That's why
entrepreneurs in the know are making money hand
over fist.
So let's move on. There are two main reasons why
people will be willing to pay YOU a couple of
hundred dollars for a domain name.
a) They carelessly let the domain name expire.
That means that they will pay you to get the name
back to ensure that they don't lose their
existing traffic that they may have built up over
years and years.
B) They are a business in the same field as the
one that has let the name expire and therfore
will pay you to secure the exisitng custom of a
rival.
Here's step-by-step how you go about this
fantastically profitable part time business.
There are several sources of expired domain name
information and reserach tools, some free and
some that require a payment of a fee.
www.wehavethem.com supplies lists of names due to
be deleted. www.DeletedDomains.com allows you to
do some searching free and more extensive
searching for a $99 annual fee.You can search for
names that are due to be deleted and also allows
you to bid on newly deleted names that have
already been grabbed by other 'investors'.
What you are looking for is an expired domain
name with traffic in the last month of anything
over 1500 (download the Alexa toolbar for this
info @ www.alexa.com). Ensure that the site is an
actual consumer site. There's no point buying a
domain name if the previous site wasn't selling
any goods.
If you see a site that had tens of thousands of
visitors in the last month GET IT. The likeliness
is that the previous owners will be itching to
get their name back off of you due to its obvious
success.
Also if you see a name with a large qualified
traffic thats due to expire and has a high
traffic volume use an automated grabbing system
such as www.snapnames.com and www.pool.com. These
will ensure the second they become availible you
will have registered them. The cost is about $60
but only if they get the names for you.
Definately worth it in my eyes.
Remember you could easily sell the name for
hundreds, maybe thousands.
In part 2 we'll take a look at how you go about
selling the names once you have acquired them.
But in the mean time here's a few domain names
which were up for sale at the time of writing
this article. Now obviously not all names sell
for this much, but it's a very real possibility
that you could stumble across a gem in your
business.
my.com $750,000 lovelife.com $350,000 fights.net
$16,000 diet.us $35,000 askdoctors.com $7,500
dietary.info $6,000 lovemaking.info $10,000
textmeassage.net $17,000 ejobmarket.com $1,800
smokers.tv $5,000 teens.org $22,000 raregifts,com
$20,000
The profits in this business are like no other.
Now it's your turn to get your hands on your
share in the billion dollar industry of buying
and selling domain names.
Until next time...
Jonathan Street
About The Author:
Jonathan Street invites you to take a free look
at his course "How To Become A Domain Name
Ninja In One Day" at his site www.buyingandsellingdomainnames.com
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