| For a while now, it has been a kind of secret kept by | | | | be able to get into the expired domain name game |
| web marketers in the know that the profit potential | | | | an a large scale, and it is only on a large scale that |
| of expired domain names is truly staggering | | | | you have massive success. |
| In short, expired domain names are a GOLDMINE. | | | | This is just a simple principle from Economics 101, |
| Better still, this is a goldmine on complete autopilot | | | | people! ECONOMIES OF SCALE, which means the |
| because you are able to leverage the promotional | | | | little guy doesn't stand a chance. It's the same reason |
| efforts of thousands of other people. | | | | that nobody can compete with Wal-Mart, because |
| In order to get a domain name for a website or a | | | | they have such a huge amount of working capital. |
| blog you need to register it with an appropriate | | | | But, like the title of this section suggests, there IS a |
| company called a 'domain name registrar.' | | | | great way for the little guy to cash in on expired |
| Domain names are pretty cheap (about 8 bucks a | | | | domain name traffic. There are several big companies |
| pop or so), and there are tens of thousands | | | | out there that will buy lots of expiring domain names, |
| registered every single day. | | | | and over time they come to accumulate tens of |
| When you register a domain name, this is not a | | | | thousands of daily visitors that they can rediirect. |
| permanent thing. Rather, you will register a domain | | | | But instead of keeping this goldmine of traffic to |
| name for a certain period of time, anywhere from | | | | themselves, they will allow anybody to submit their |
| one ot ten years usually. | | | | own website address and have some traffic |
| Most people choose to register a domain name for | | | | redirected their way, which is very affordable and |
| only one year at a time, and in this case the domain | | | | efficient for the little guy with a small budget. |
| name must be constantly renewed in order for the | | | | This can be a great option for anybody who has a |
| owner to keep it. Many times, when a domain name | | | | quality website but lacks a steady stream of visitors, |
| is approaching its expiration date, the owner will | | | | as this is among the cheaper yet still effective of all |
| simply choose not to renew it. | | | | marketing options. |
| -- How You Can Cash In On The Expired Domain | | | | --Picking A Good Company To Get Traffic From -- |
| Name Trend -- | | | | I will say right now up front that it IS possible to be |
| So that is all well and good, but WHAT DOES THIS | | | | scammed in this arena. Be on the lookout for |
| HAVE TO DO WITH MAKING MONEY?? | | | | unscrupulous companies who pander to the hopes |
| Here is where the cool part comes in: | | | | and dreams of aspiring internet marketers, and then |
| Every year or few years, the owner of a domain | | | | run away with their cash. |
| name must pay a registration fee or else the domain | | | | What is it that differentiates a legitimate company |
| name itself will be back in the marketplace where | | | | from a scam in this area? One thing is that a |
| anybody can buy it. | | | | legitimate company will always have testimonials from |
| There are many reasons why an owner of a domain | | | | customers about their service, and a scam will not. |
| name would not renew it, including that they simply | | | | A legit company will also be very upfront about what |
| did not realize it was going to expire, they got | | | | their entire operation is, and they will explain it in |
| sidetracked with other business ventures, or they | | | | terms that even an internet newbie can understand. |
| simply decided that they did not want it anymore. | | | | A scam company will take the approach of providing |
| Here's the rub: Due to the previous owner's | | | | little quality information, perpetuating the illusion that |
| promotion, there is still alot of traffic and visitors | | | | they know alot about this industry and you should |
| being directed to a domain name when it expires! | | | | just trust them on this point and hand over your |
| If you can redirect the traffic going to the expired | | | | credit card info. |
| domain name to your own website, you have a | | | | Basically, if you have spent a decent amount of time |
| constant stream of new visitors coming to your site | | | | surfing the web, you will have developed an intuitive |
| every day on autopilot. | | | | sense of when a site 'just doesn't feel right.' So if |
| If, as an individual or even a small business, you set | | | | you feel any internal alarms going off, simply click off |
| out to acquire some expiring domain names for | | | | the site and make sure you don't give them your |
| yourself, you would have a very difficult time going | | | | money. Most likely there will be absolutely no return |
| about this. It requires a sizeable amount of capital to | | | | on investment. |