Fast Cash with Domains

Your Master plan to make Money with domain names!

Can you really make money with domain names?

Domain names are quickly becoming one of the most valuable commodities on the entire Internet. Good domain names can sell for ridiculously high sums, and make their owners a lot of money. Just to show you some of the possibilities here are…

Recent Domain Name Sales

Some people would have you believe that it is too late to make money with domain names. This notion is not only ludicrous but also absolutely false. There is still a lot of money to be made with domain names and there is still plenty of opportunity. Let’s take a quick look at some recent domain name sales.

www.PersonalLoans.comSold for $1,000,000 on February 29th, 2012.

www.Jackpot.comSold for $500,000 on April 18th, 2012.

www.BowlingBalls.comSold for $225,000 on February 9th, 2012.

These are just a few examples of recent six and seven figure domain name sales. When you bear

in mind that. com’s only cost $10 per year to register it starts to become obvious that there is a lot of profit to be made with domain names. But why would someone pay that much money

for a simple domain name?

Why Domain Names Are Valuable

A good domain name can make or break an Internet based business or individual service provider. This is because the domain name is part of the brand and identity of the company.

Before the Internet, most businesses had to rely on easy to remember jingles, rhymes, and phone numbers in order to stick in the minds of their consumers. Even though a lot of companies still do those things today, domain names are quickly becoming the premier choice of business owners who want to brand their companies and stick out to their customers.

When you factor all of these separate things together it, becomes clear why someone would spend hundreds, thousands, or even millions of dollars on a “simple” domain name!

How to Make Money with

Domain NamesMaking money with domain names can be reduced down to a simple three-step process at its most basic level:

Step 1: Acquire a good domain name at a low price

Step 2: Put the domain up for sale

Step 3: Profit when someone buys your domain name at a price higher than what you paid for it.

There are a lot of little nuances that go into making money with domain names, but this is how it works. However, a lot of people never are able to make money with domain names because they fail at step 1. You have to make sure the domain name you are buying is actually a good one!

What Makes a Good Domain

NameWhether a domain name is good or not makes all the difference in the world in terms of the amount of profit you can expect to receive when you try to sell it. There are several different methods you can use to grade a domain, in order to tell if it is going to be profitable or not. Following these criteria will help you quickly determine if you have a chance of making money.

Good Domain Names Are Easy To TypeA good domain name is easy to type into the Internet browser. This means that you should avoid domain names that have two of the same letters in a row. For instance http://www.domainname.com wouldn’t be very easy to type. This is because most people are bad typists and the likely hood they will make a typo with a double letter domain name is very high.

Good Domain Names Are Not Too LongA good domain name should be relatively short in length. This also is because of the fact that many people are bad typists. The longer your domain names are, the more chances you give the website visitor to make a mistake. Short domain names are very valuable because of this fact.

Good Domain Names Are Easy To PronounceA good domain name is also easy to pronounce when said aloud. If your domain name is difficult to pronounce then it will also be difficult to type. If your domain name is difficult to type you will have a lot of your website’s visitors making typographical errors. Also, if your domain name is difficult to pronounce it will also be difficult to remember.

Good Domains Names Are Easily BrandablePeople usually will invest in domain names that they can build a brand around. With many Internet companies, the domain name is the brand. Examples: shoes.com, comicbooks.com.

Good Domain Names Are Easy To Remember

A good domain name will also be easy to remember and stick out in your prospect’s mind. This way, whenever your prospects think about products or services related to your website they will remember your domain name.

Here are some of examples of domain names that follow every one of those criteria:http://www.google.com, http://www.shoes.com, http://www.amazon.com, http://www.zappos.com, http://www.yahoo.com, http://www.bing.com

So now that you know what makes a domain name a good one, the next natural question is where to get them.

Where to Buy Good Domain Names

There are a many places where you can buy unregistered for just a few dollars per year. Like any other industry the domain name registration business is dominated by a few major players:

Godaddy – http://www.godaddy.com Namecheap – http://www.namecheap.com Name.com – http://www.name.com Register.com – http://www.register.com

All you have to do is go to these websites and enter your domain name into the search bar. If the domain name is available you can register it on the spot and add it to your domain name collection. If it is already registered you still may be able to get the domain name if the owner does not reregister it when the domain name expires.

After you start acquiring domain names you are going to want to start selling them to other people at a higher price than what you paid in order to begin making money. There are many places to do this.

Where to Sell Domain Names for a Profit

Domain names change hands on many venues on the Internet. There are literally hundreds of places to list domain names for sale, but the biggest marketplaces often bring the most interested buyers to your domain names. There are three main ways people sell domain names online. These are domain name auction websites, domain name message forums, and private domain name brokers.

Domain Name Auction Websites

Domain name auction websites are like online auction houses. They function very similar to eBay, where a domain name is placed up for auction. People can then leave bids for the domain name over a specific time period. After the auction is over, and if the bidding has risen past the reserve price, the domain name will be sold to the highest bidder.

Each domain name auction website is a little different, and the rules may change from site to site. However, they all perform the same basic function, which is providing you with an online platform to sell your domain names.

Here are the top domain name auction websites that have the most buyers:

Sedo – http://www.sedo.comSnapNames - http://www.snapnames.comGoDaddy Auctions – http://auctions.godaddy.comAfterNIC – http://www.afternic.comBido – http://www.bido.com

Domain Name ForumsAnother popular place to buy and sell domain names is on Internet message forums built specifically for the domain names industry. Not only do these forums provide a great communications platform for people in the domain industry, they also have busy marketplaces.

At any one time, there could be thousands of people browsing these marketplaces seeking deals on good domain names, so if you have one it is definitely a good idea to list it on one of these forums.

Before you start registering at domain name forums and just wildly listing domain names for sale, you should take some time to get familiar with the community and people on the forums.

Each forum is like a self-contained community and each of them have slightly different rules and regulations. With this being the case, it is definitely a good idea to familiarize yourself with the other users and forum moderators before listing domains for sale.

Here are the biggest domain name forums online that have the most activity:

NamePros – http://www.namepros.com DNForum – http://www.dnforum.com DNC.ca – http://www.dnc.ca DomainState – http://www.domainstate.com ccTLDs – http://www.cctlds.com DNTrade – http://www.dntrade.com.au

Private Domain Name Brokers

Another way of selling domain names is by hiring a private domain name broker. These are people who specialize in

bringing buyers and sellers of domain names together. They usually make money by charging a finder’s fee to the seller,

and/or taking a percentage of the final sale price. Domain name brokering is a very time consuming process so many domain

name brokers are not cheap to employ.

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