Best Way to Make Money Online: Sell Domain Names

July 6, 2009

There are a few ways which one can earn money online. The best and most profitable way is to sell domain names. Domain flipping is a very lucrative way of earning money via the Internet. Before you can do this, you need to have a good and marketable domain name.

How then can you get a domain name to sell? Here are some steps which you need to follow.

Step 1 – Conduct a keyword search

It is important to know how to name your domain. By conducting a keyword search, you know what words(keys) people are searching for. By basing your domain name on popular keywords, there is a higher chance that your website/domain name would show up during a search.

Step 2- Purchase a domain

There are many different registrars that you can purchase your domain at. Do shop around for the most lucrative deals available before deciding on which registrar to sign up with. If it is available, it would always be better to go for the “.com” of the domain. This extension is the most commonly used by most websites. However, if it is not available, you can go for a “.net” or a “.org” as the next best alternatives.

One consideration is that the chosen registrar should allow you to easily transfer domains from one account to another, or to another registrar. This is essential as you will be eventually transferring the domain over to the new owner upon sale.

Step 3- Putting up the domain for sale

The fastest and easiest way would be to get a broker. There are many brokerages that will do the marketing and sourcing for potential buyers for a fee. Do compare the charges of the different firms, and whether the agent is able to do a comprehensive and fair appraisal of your domain.

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July 6, 2009

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