I am basically a website flipper from Sydney, Australia and I have sold my 100 profitable websites portfolio in Jan 2010 for $ 3.5 Million to a multi million dot com media company and taken the early retirement at the age of 28 years only. Right now I am travelling the world’s most beautiful cities, dating with world’s most beautiful women and gambling in the casinos around the world.
Basically I have started my career with the domain flipping. This is because I wanted to raise money to develop a portfolio of profitable websites. And that’s why during the initial days of my early life, I was doing domain flipping to raise some money. I used to register new domain names from GoDaddy.com as well as I also used to buy the expired domain names with already established search engine web traffic as well as I used to buy good domain names from Online marketplaces like eBay, Sedo.com and Sitepoint.com (Now it’s Flippa.com).
In this article, I will explain you some very basics of the Domain Flipping. After reading this article, you will be ready for the domain flipping. Start your career as a Domain Flipping (Also known as Domaining) so that you can raise some quick cash to start your website business from scratch. Here are the useful websites that you need to know about for profitable Domain Flipping.
How to Register a New Domain Name?
GoDaddy.com – You can here register new domain names. It takes just $ 10 to register a new domain name.
How to Snatch Expired Domain Names?
Here are the 3 best websites from where I used to snatch the expired Domains with established web traffic.
The above 3 websites are the excellent websites to snatch the recently expired domain names. Every day literally millions of domain names expired and I think you will definitely find a good expired domain names at just $ 10-15 which otherwise cost you literally thousands of dollars.
Where to Sell Domain Names?
Sedo.com
Flippa.com
eBay.com
All of the above are the best marketplaces to sell your domain names. Most of the people struggle in the world of domain flipping because they don’t have the knowledge of above websites on the net. You just visit all of the above websites and get used to them. Because understanding the basics of all of the above websites is very important to buy and sell domain names.
Now, if you are totally new to the domain flipping than let me tell you that you will have to understand the keyword market first. In simple worlds, 1,2 and 3 character domain names and generic name domain names (Like Business.com, Loan.com, Car.com, Flowers.com, Hotels.com…etc..) are the most valuable domain names on the earth. And you have just started domain flipping so obviously you are not sitting on a millions of dollars of cash pile. So starting from such kind of Premium Domain names is out of scope for you.
So we will start from keyword rich domain names. Just think that which kind of event is going around the world? Say for Example is its the “Swine Flu” in the world than search for the Swine Flu related domain names. You can also search for the geographical domain names which are useful to the travel companies. Just go to Sedo.com and you will find the idea about which kind of domain names are popular and worth of thousands of dollars.
Make a list of keyword phrases on a separate notebook. And now go to GoDaddy.com to check the availability of these domain names. Most of the time, the popular domain names are registered so you need to modify your key phrases the little bit and try again and again until you find a perfect domain name for you. Once you find it, register it.
Now, the only problem with this strategy is that, you need to wait for a year or a two to develop a natural search engine web traffic on that domain name. And this is the reason Second Strategy of Domain Flipping is best and I have raised money for my internet businesses from this strategy only.
The Second strategy is that, you buy the just expired domain names which are 3-5 years old and with already established natural search engine web traffic. The advantage of this strategy is that, first of all you will be able to buy the 3-5 years old domain name for just $ 10-20 because it’s already expired and the other is that from the first day it has the already established natural search engine traffic so it will also generate a steady cashflow for you if you park it at some Domain parking service like Sedo, Google AdSense or GoDaddy.com
Many people around the world are making $ XXXX of monthly income from their domain portfolios only. This is because of the natural search engine web traffic on those domain names. So I personally use SnapNames.com, eNom.com and Pool.com to snatch the just expired domain names with lots of search engine web traffic.
Once I build a Domain Name portfolio of 8-10 good domain names with natural search engine web traffic, I hold that portfolio for 2-3 more months and after that put it on listing for sale on eBay, Flippa or Sedo’s Online marketplace. I Personally sell the Domain Names between $ 500-2000 per domain name. My Highest bid for the Domain name was US $ 6000 which was bought by one travel agency because it was a Geo Domain name which was very useful to that travelling company.
I have made thousands of dollars from Domain names during the teen age of my life and after that I invested all of that money to build website businesses. I hope that this much basic about domain flipping will help you to start a Domain Flipping to raise some extra cash.
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