Recently encountered a few websites that focus exclusively on the buying and selling domains. And I have to say I was to leave the impression to hear some success stories.
Now, from my understanding, I thought profit from domain sales died at the end of the dotcom boom. But from what I’ve seen and heard, it seems that it can be a lucrative business. Of course there is more to it than buying a domain name for $ 5.99 per year and turn around and sells for $ 4.000. To come through a domain name (whether self created, expired, or purchased) spending time advertising it, sending traffic to where it is parked, finding a broker, doing the things that do to the value of the name, it seems a task that takes time.
But if you go to Sedo.com you will be amazed at the prices that some of these domains are going for, $ 5.000, $ 10.000, even more.
To me it seems like a hidden art. Not much to talk on the forums of overall Internet marketing. And everywhere in the network is ebooks on “How To” write ebooks for profit, to joint venture (joint venture) is concerned, ebooks in site traffic, blogging techniques, marketing affiliation, RSS feeds …… over and over and over and very little information about the business of buying and selling domain names. So that means it’s a business that is time has passed or a very lucrative hiding from the people who jump on the bandwagon.
Just look at current events and maintain audit control over certain issues tells me that the good domains quickly grabbed. Believe it or not the name of Farris Hassan dot com (16 year old boy who went to Iraq) is already in use.
From my studies, it appears that there are few that are generously benefit from buying and selling domain names. As mentioned earlier, there are a lot of work involved, but if your willing to join a few membership sites, learn a few gimmicks and get into the game, selling domain names can be a very lucrative business.