uxconferences & events.
Website Croc
Not All Domain Names Are Worth Anything But When You Find The Right One – Could Be BIG!. Double click me.
Of course to be success with this you will need to learn some things. There is a right way and a wrong way when choosing a domain name. It is important to learn all you can about domain buying so that the buy domain name is a good one and is not money just wasted down the drain. Also it is important to learn to use tools that are available from some service providers for this.
Once there is a domain name that could meet the goal of monetizing the name so that it earns income or sold for profit it is worth the money. There are three ways to sell a domain name. To sell a domain name a person or business can do three things:
-
Auction – list the domain name with auction service sites and if it is a good domain name, it will sell quickly.
-
End User – by marketing to end users means that one organization seeks another person or companies that they can market the domain name to. Usually the one benefit to selling directly to a company or person is you can in most cases get a much higher price.
-
Private Listing – This is when a domainer and professional investors in domain names have a website showcasing their portfolio of domain names and price for each.
Selling and buying domain names can be good money but only if a person knows how to do this. You just can’t buy any domain name and expect it to be big. For one example if a person buys car.org, it can be marketed to any car dealership and probably bought for a lot of money.
There is big business in buying and selling domain names for profit. It is somewhat like real estate investing and “house flipping” as “domain flipping” has a great potential when it is done correctly. But there is still hard work that is needed.