How to Sell Domain Names
If you are getting started or want to get started in the practice of domaining it is important to know how to go about selling your domain name after you have purchased it. One of the first steps you will want to take is to get a general idea of how much money you are willing to sell the domain name for. Secondly, you will want to decide if you want to sell the domain name yourself or have a company to sell it for you (a domain name broker). Depending on the regulations of the broker you may be able to also work on selling it yourself at the same time they are looking for buyers for you.
If you are going to be selling the domain on your own there are a few ways to go about marketing it. You can set up a simple homepage saying the domain is for sale and put your email address on it as a contact. Another way to go about selling the domain yourself is to create a fully developed website with it and chose a location on the site to advertise you are selling the domain. If your site is more developed and has a good amount of content its more likely to get visitors, which will also help more potential buyers be more likely to stumble across it. A more developed website is generally worth more money than an underdeveloped one.
If you are going to find a company to sell your domain name for you, you should start by doing a search for ‘domain name brokers’. Read through each company’s policies before choosing the one that suits you best. You may also want to search for customer reviews on the company to see how others have rated them before you choose your broker. Also, feel free to email them any questions you may have before moving forward. Whichever way you choose to go, best of luck to you!
Introduction to Domaining
Domaining is a way to make money online that consists of buying, selling, and making profits from domain names. There are a few ways to go about the process of domaining. Some people will purchase domain names of common or popular words that others would likely be interested in buying. An example of this is pizza.com that was sold for 2.6 million dollars. In 2006, vodka.com was sold for 3 million dollars to Russian Standard Vodka.
Another way to go about domaining is to pay attention to and look for upcoming trends and buy domain names related to such trends. Electronic devices and other technology are always updating to newer and fresher versions. A man bought the domain name iphone.com in 1995 thinking it would be a good name to hold on to and sold it for over a million dollars to Apple in 2007.
A third way to go about domaining is to buy domain names similar to popular websites but with a typo in them. You would just want to check for common misspelling’s and/or common typos of the word first. In 2005 MySpac.com (typo of MySpace.com) sold for $31,600. Many take domaining even another step forward by placing pay-per-click ads on their parked or ‘underdeveloped’ domains so they will get paid when incoming traffic clicks on the ads. Many domain names can be bought and registered for only 10 bucks a year. You never know, you could be the one with the next thousand or million dollar sale!
Another great way to make money online is to flip your blog. Flipping your blog means to sell your blog. There are several different scenarios of why you might possibly want to sell your blog. Maybe you are tired of all of the work that goes into keeping your blog going. Maybe you are not making as much money as you would like from your blog. Maybe you are bored with your current blog and want to start a new one or change your niche. Those of you who can relate to any of these scenarios may be candidates for flipping your blog.
There is another group of people who may want to simply create and develop a blog for the sole purpose of flipping it. If you are interested in doing that you would pick a niche and write posts for the blog every day or every few days for several months time or more. A developer blog is worth more than an underdeveloped one. Here are some guidelines to follow to create a more valuable blog if you are looking to flip it for cash:
– Pick a niche that there is some demand for
– Add unique and quality content often
– Work on getting backlinks (others linking to your site)
– Develop a readership/following
– Write posts with good keywords to bring in search engine traffic
– Get a high PageRank
When you are ready to flip your blog (sell your blog) the first step is to come up with a selling price. When you are coming up with the selling price and you should take into consideration PageRank, backlinks, traffic, content, and the site design amongst other things. It is also a good idea to find other blogs for sale that are comparable to yours so you can see what price they are selling for. You can print out and save that information to show prospective buyers if they think your selling price is too high and want to negotiate. Make sure you come up with any questions and/or demands you may have for your prospective buyers and have them prepared for when you are contacted.
After you come up with your selling price you have to find a place online to sell your site. Research several companies and read reviews of them before you decide on one. A few places to sell your blog are eBay, Craig’s List and SiteOwners. Make yourself readily available to your potential buyers by leaving your email address for them to contact you. Answer all inquiries honestly and as promptly as possible. Have your site statistics and revenue information readily available, along with any other info that will help your sale. Before all is said and done, come up with a written and signed a contract with your buyer. Flipping blogs can be a highly profitable way to make money online with many possibilities and opportunities.