Making money by selling expired domains is gaining popularity because of its potential to make a good profit. Many expired domain traders take this business very seriously and they use a number of methods and strategies to sell their domains at very lucrative prices. Also known as virtual estate properties, expired domains and domains expiring are some of the hottest business opportunities in the world.
Experienced domain traders use one or a combination of different methods to make money from their stock of expired domain names. These may include such methods as domain parking, domain name selling, or domain flipping. A well-planned combination of these methods will provide you with a very high income potential. Here are some details about each one of these methods:
Domain Parking: This is commonly known as the beginner’s method for earning money from domain names. It is easy to set up a domain parking account and simple to operate it, as the domain-parking firm will take care of the details. What you want to do is to sign up for an account on one of the well-known domain-parking firms and use the web page provided by them to host your name. Most of your web site visitors are un-targeted and they will click on one of the ads provided on your web page. The method used here is the famous pay-per-click system and the income earned by you depends on the number of visitors who click on the online ads to visit other web sites. The only downside of this income generating method is its inability to provide a large stream of income. However, for a new entrepreneur, this is a safe and assured method to make some amount of money.
Expired domain name selling: This is perhaps the most famous method for making money with expired domain names. People make millions by selling their special domain names while the average capacity to earn money by selling an average expired domain is about $25. There are records of unique domain names sold for millions of dollars. Expired domain name reselling is highly competitive and you would normally buy the domains from an auction house. Some experienced domain name traders buy domain names and sell them on a regular basis to create a constant stream of income.
Domain flipping: Expired domain names traders also convert one or two of their domains into highly useful and beneficial web sites that will be potential money-spinners. Domain flipping is a smart method of converting an expired domain into a content rich web portal. Smart domain traders succeed in driving lot of traffic to their flipped web sites. Web sites with plenty of traffic can help them to reach top of major search engines like Google and Yahoo. People are eager to buy web portals that contain useful content and are already optimized with incoming links and traffic. You can also use sophisticated techniques like Pay-per-click (PPC) Affiliate marketing search engine optimization (SEO) and RSS feeds to make your web portal more valuable in terms of income and built-in revenue streams.