| If you think that you know all about domain buy and | | | | domain, else you have a hefty bank balance. |
| sell structure for making fast and easy money, then | | | | Now here is point that you buy a domain name for |
| do read this. | | | | reselling or you register a new domain name for |
| Domain name business is one of the least known | | | | reselling. If you don't want to buy an existing domain, |
| way of making easy money, and that too very quick. | | | | then you may try creating a new domain name, it |
| You want to be a millionaire, and you can't wait, | | | | norrmally comes free along with some web hosting |
| that's the reason you are here. Let me help you out. | | | | packages. Web Hosting implies that you rent some |
| First and foremost, forget everything you know | | | | space on a server to host your web site, and they |
| about domain names business, and start from | | | | provide you the domain name registration for free, |
| scratch. | | | | though it may change from vendor to vendor. |
| The term given to this business is Domaining. It is | | | | 3. Domain registration If you plan to create a new |
| business of buying and selling domain names for | | | | domain, then you need to register it, for registration |
| making money. The reselling of this type is actually | | | | of domain you need to find a registrar, that provides |
| comparable to real estate. You invest in the | | | | you the name. The second option is that you go for |
| property, seek a potential buyer, and then sell it to | | | | a web hosting domain package, where they provide |
| him at a large price tag. Thereby making profit. The | | | | you the space at some cost, but provides the |
| only difference is that "domain reselling" is much | | | | domain name registration for free. Make sure that |
| easier and much cheaper as it requires very less | | | | you register your domain with a "com" extension as |
| investment and normally gives great returns, if used | | | | it is higly valued in the market. If you really want to |
| accordingly. Many people even make there living by | | | | make money then this point counts much. |
| this. Beleive me, it means lots of money and that too | | | | 4. Sell the Domain name Now that you have got a |
| easy. | | | | good domain name targeted at a particular niche, you |
| The domaining often occupies building up of the | | | | may seek the help of various sites for finding a |
| domain name portfolios, or else accumulation of the | | | | potential buyer for you. Sites like DMOZ.org is a great |
| domain names, in accordance to various criterias. This | | | | source for this. Just prove to your customer that he |
| domain name portfolios frequently consist of | | | | is getting the best buy and you are the winner. Make |
| profitable generic dictionary word domain names, or | | | | cash from your resell and go ahead for a next buy. |
| domains whose registrations have lapse but they still | | | | The stuff till now was for getting you started, now |
| retain practical traffic. The more traffic, the more | | | | regarding the strategy part of the business, most |
| money you earn. | | | | domainers try and make a long term investment. |
| I will move step by step in helping you through the | | | | They buy and own names, they park on web sites... |
| complete process. | | | | Oh I forgot to tell you about Website Parking. |
| 1. Domain name | | | | Website Parking is the way of making money when |
| This is the first step in the process, you need to | | | | your domain is sitting idle. I will clarify this, Now that |
| finalize on the domain name you want to invest in. | | | | you looked for a cheap domain, if unable to find then |
| Buying a domain name depends on various factors | | | | you register domain preferably with a "com" |
| like:- What is your budget, Which market you are | | | | extension. Then you buy domain using a seller or via |
| targetting, who is the potential customer. You should | | | | web hosting domain packages. Now that you have |
| answer these questions before buying a domain | | | | got all but not a profitable client, in that case you can |
| name. Also some other points to keep in mind are:- | | | | park your website. Website Parking implies that the |
| The domain name should be short, as it is easier to | | | | site on which your domain is parked, will use your |
| remember and creates a greater possibility of the | | | | domain for putting up ads, some people type the |
| traffic to return again. The domain name must be | | | | name of the thing they required, without knowing |
| easier to memorize, good for your business. The | | | | that it exists or not. Like if a person needs a |
| domain must be brandable, and must cater to the | | | | plumber, then he may type without knowing that the |
| needs of some particular niche. Try and avoid | | | | site exists or not. Website Parking makes use of this |
| domains which contain hyphens and numbers. Go for | | | | benefit and earns from the normal domain name |
| a .com extension for your registration. | | | | traffic that may occur. And if a person clicks on an |
| 2. Buy a Domain name Before buying a domain name, | | | | add then you earn. Isn't that great, you earn money |
| check out the traffic the niche receives, more traffic | | | | without doing anything. |
| implies that your revenue generation will be more. So | | | | Some more points to consider while buying a domin |
| make sure you check out the quality of the name | | | | name includes, if you think that some technology is |
| and the traffic the domain gets, before making an | | | | going to take off, then get a domain name that |
| investment. The keyword here is "research", and you | | | | pertains to it. The more relevant the name, the more |
| need to do some of it before making an investment. | | | | money you will make. I will close this article with an |
| Try and look for a cheap domain, as they are the | | | | example, Schwartz sold for $1.3 million in 2003, and |
| best buys. The cheap domain don't cost you much, | | | | he had bought the domain at $15,000 in 1997. Mind |
| moreover if properly aimed at a niche then they | | | | Blowing isn't it. |
| produce good results. Make sure you go for a cheap | | | | |