There are a lot of ways to make the large bucks in America.
One of the best according online marketing experts is buying and reselling domain names. Imagine turning a tidy profit on something pulled out of thin air, registered, and auctioned off to the highest bidder- all from the comfort of your computer chair.
How high does the bidding go?
It’s rare to see any domains selling for more than $10,000. However, it does happen on occasion.
More commonly, when you visit reseller auctions, you will see top prices in the low thousands.
(parkourblog.com currently at auction with bidding up to $1060 at GoDaddy.)
Often, there will be no bids or bidding from $500 and up. It seems that if a name is desirable at all, it jumps the really low numbers.
Other places to purchase domains (frequently bundles of several names sold as a group) are e-bay and craigslist. These are more hit and miss, with domainers looking for discounts and closeouts on multiple names in a package. The bidding for these doesn’t seem to be much more than $100.
How to increase perceived value.
The most common practice is to generate good site statistics (visitors per day/week) and increasing page rank with the addition of SEO themed material and lots of links. The site mentioned above, parkourblog.com, was getting 4000+ hits a month with no content related to blogs, just links.
Spending the time and effort to increase your site statistics with common Internet traffic attraction-techniques may or may not pay off. If the name is felt to be a dog, it won’t resell, even with decent stats.
By getting an appraisal of the name (check name parking sites for community forums that offer appraisal) you can filter out which domain is worth the effort to improve and which might simply be packaged up with a few others and sold in bulk.
New approaches.
While .com is still king, .org, .info and .net are making inroads. They don’t sell as quickly, nor do they sell for top dollar, but some do sell. It’s all in the name.
Look at this recent list of top sellers from a reseller site: famosasbrasil.com $5232; evangelioeterno.com $4105; samples.net $4008; conoce-mexico.com $2715; bedava99.com $2245; mkkamnik.com $2065.
Notice that while .coms are there, most of them are not English brands. Spanish and other languages are undergoing the rise in value that has come and gone for common (and popular) English-based names. The only obviously English one on the list has a .net extension.
As the Internet continues to expand across the world, look for even more non-English words to become top selling domain names.
What’s coming after Spanish?
Perhaps African and Middle Eastern names (in western fonts) and with western spellings?
As long as the marketplace continues to expand, adding an adjective or two to an existing domain name will continue to breed more and more possible hot sellers. Look for the addition of ‘extreme’, ‘insider’, ‘hot’, and others to keep increasing the pool of sellable names.
ExtremeYahoo.com anyone?
Related Posts From Other Great Blogs
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