Friday, August 12, 2011

Trading Domains Can Make You Money

By Alicia A. Johnson


If you are looking to make money online, you are probably aware that it seems that everyday new ways are being presented on how you can do this. As a result of this it is easy to overlook some of the more longstanding methods for profiting on the internet and one area that continues to provide a way to make some quick cash is the buying and selling of domains. In the same way as owning a website means you have an asset, this is also the case whenever you purchase a domain. In this article, we will look at what can make a domain marketable.

If you are brand new to the domaining niche it is really worth pointing out that there are people today involved that are professional domainers and so the types of names that generated people millions were registered many years ago. The dot com extension is actually the most valuable and the one word kind of domains are long gone with regards to availability as they are for most of the others such as dot net and dot org. If you can teach yourself about this market, you can still create healthy profits once you recognize where the demand is.

The first type of domain we can look at are short domains and as a general guideline the shorter the name the more valuable it can be. One of the reasons these can be attractive to buyers is they may be seen as brandable especially in these days of web 2.0 sites that have short quirky names. It is obvious that the combination of letters should have some sense to them or sound as having some potential. In other words a random mix of the wrong letters would have very little appeal to someone so it is a matter of your own common sense and seeing what else sells in the marketplace.

A second type of domain is what is known as a keyword name and if you have done any sort of keyword research you will know what this refers to. In the same way that we use keyword tools to determine the value of a niche market, this can be the same for domains and in particular we are taking a look at exact keyword results. The more times an exact keyword is searched for, the more invaluable the domain could be to buy if you still can get it. The dot net and dot org extensions can be profitable if you find that the more sought-after dot com has already been registered. The particular market sector will also be very important in terms of the demand for a domain and this is easier to assess once you have expertise of the domain market.

Another type of domain extension are ones that refer to a specific country and this is being given more attention in the domaining sector. The reason is that there are still domains out there in potentially high value markets that could therefore make sound investments. If you watch the market, you will see that you are more aware of where the value is. DNForum, NamePros and Sedo are all sites that specialize in exchanging domains and so you should spend some time there.

Domain flipping can make you profit online as long as you commit some hours gaining the knowledge you need to trade successfully.




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