Want to see a nightmare in real life? Check out a business person who forgets to renew their domain name and loses it. Not a nightmare, but no fun at all, ask someone in business who is trying to locate the perfect domain name for their business and discovers that everything they check is already registered. The Internet has become so critical to every business, and the domain name is no small part of that. In fact, Google still gives points in their algorithm to domain names with search terms in them. So, if you are affiliate marketing for camping items, having “camping” or specific items in domain names will gain you better search engine positions.
The problem is that there isn’t a niche that hasn’t already been thoroughly investigated. And, many business owners aren’t all that creative or imaginative when trying to locate domain names that will work for their sites. So, if you have the ability to locate domain names that you can control and flip to these business owners and marketers, you have a marketable product. And, you’ll find domains selling for anywhere from a $100 to thousands. What are you looking for as value in domain names?
- names with niche words and phrases in them.
- re-ordering words in domains with phrases already taken.
- using dashes in domain names
- catching recently-expired domains and buying them
All of these strategies create inventory for you, and controlling domain names is inexpensive. If you know the ropes, a few hundred dollars in costs can be quickly flipped for a few thousand dollars in income. Of course, locating good domains to flip and buying them up is just one side of the business. The other side is actually more important.
Inventory is useless and generates no income unless you have willing or even eager buyers. So, there’s a marketing piece to this business as well. How do you go to market, locate potential buyers, and present your domain inventory to them to get those buyers interested or even competing for your domains? The good news is that it’s Internet marketing, and the product is about as Internet-oriented as you can get. The challenging news is that these aren’t golf clubs or magazine subscriptions.
Let us help you with every facet of this very interesting and relatively new business. We’ll take you through every phase, from locating great and marketable domain names through advertising them to potential buyers and generating interest and even competition for your inventory. We’re experts, and we can help you to create a low overhead-high profit domain flipping business.