Business Idea: Make Money With Domain Names
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Naz Daud
Mar 24, 2013, 3:00:15 AM3/24/13
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Naz Daud
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Article Title: Business Idea: Make Money With Domain Names
Author: Naz Daud
Word Count: 534
Article URL: http://www.isnare.com/?aid=524121&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=524121
Easy Publish Tool: http://www.isnare.com/html.php?aid=524121
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Could you run a business from home and make money trading domain names? You certainly could if you were around and buying them a few years ago. But is it still possible to make money from them now? Is it possible to buy a domain, build a basic site around it � or even not bother doing that at all � and sell it on at a profit?
There is no doubt that there are still business people who are doing this. There are even websites that exist for the sole purpose of enabling people to buy and sell domain names and the websites that have been built around them.
But the trick is not so much in doing it; it is in finding the right domain names to buy that will generate your business a good profit. The cost of buying them is not expensive, but you need to be fairly sure you will get a good return for your money after accounting for all expenses. And since some domains sell for three or four figures � and some lucky people might get even more for certain choice domain names � it pays to research the market thoroughly first.
The chances are that if you just dive in and pick names you think might sell on for a profit, you will be disappointed. If you are going to start a business like this you would probably be better off at least trying to build a website around the domain name so that you have more to sell. Bear in mind that when you try to sell a domain name you only have the promise of that name to sell people. If you build a site around it you can have more control over what you promote and sell to potential buyers. This is called website flipping as opposed to domain flipping, which is the process of selling just a domain name on its own.
If you do want to try your hand at buying and selling domain names for a profit, the best bet is to work out which terms are likely to bring you the best rewards. For example at the time of writing the domain name Retweet.com had been offered for sale. Needless to say this is a term used by lots of people to re-publish messages given by others on the social networking site Twitter. At the moment the sum offered for the domain is in five figures, and looks set to go higher.
This is just one example but it does go to show how you can still start a business and make money by choosing select keywords to build a domain around. If you are going to try this though you stand a better chance of making good money if you take the time to build a website so that you have more to offer. With careful planning and researching of the market you could end up making one or two significant sales to kick off a home based business. So don�t discount the possibility of making money from domain names � it can still be done if you are careful.
About The Author: Naz Daud � CityLocal Directory http://www.citylocal.co.uk/ http://www.citylocal.ie/ http://www.citylocal.co.uk/businessfranchise/articles/Business-Idea-Make-Money-with-Domain-Names-113/
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=524121
*********************** ARTICLE END ***********************
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Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Naz Daud
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=524121
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=524121
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Business Idea: Make Money With Domain Names
Author: Naz Daud
Word Count: 534
Article URL: http://www.isnare.com/?aid=524121&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=524121
Easy Publish Tool: http://www.isnare.com/html.php?aid=524121
*********************** ARTICLE START ***********************
Could you run a business from home and make money trading domain names? You certainly could if you were around and buying them a few years ago. But is it still possible to make money from them now? Is it possible to buy a domain, build a basic site around it � or even not bother doing that at all � and sell it on at a profit?
There is no doubt that there are still business people who are doing this. There are even websites that exist for the sole purpose of enabling people to buy and sell domain names and the websites that have been built around them.
But the trick is not so much in doing it; it is in finding the right domain names to buy that will generate your business a good profit. The cost of buying them is not expensive, but you need to be fairly sure you will get a good return for your money after accounting for all expenses. And since some domains sell for three or four figures � and some lucky people might get even more for certain choice domain names � it pays to research the market thoroughly first.
The chances are that if you just dive in and pick names you think might sell on for a profit, you will be disappointed. If you are going to start a business like this you would probably be better off at least trying to build a website around the domain name so that you have more to sell. Bear in mind that when you try to sell a domain name you only have the promise of that name to sell people. If you build a site around it you can have more control over what you promote and sell to potential buyers. This is called website flipping as opposed to domain flipping, which is the process of selling just a domain name on its own.
If you do want to try your hand at buying and selling domain names for a profit, the best bet is to work out which terms are likely to bring you the best rewards. For example at the time of writing the domain name Retweet.com had been offered for sale. Needless to say this is a term used by lots of people to re-publish messages given by others on the social networking site Twitter. At the moment the sum offered for the domain is in five figures, and looks set to go higher.
This is just one example but it does go to show how you can still start a business and make money by choosing select keywords to build a domain around. If you are going to try this though you stand a better chance of making good money if you take the time to build a website so that you have more to offer. With careful planning and researching of the market you could end up making one or two significant sales to kick off a home based business. So don�t discount the possibility of making money from domain names � it can still be done if you are careful.
About The Author: Naz Daud � CityLocal Directory http://www.citylocal.co.uk/ http://www.citylocal.ie/ http://www.citylocal.co.uk/businessfranchise/articles/Business-Idea-Make-Money-with-Domain-Names-113/
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=524121
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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