Tuesday, January 16, 2007

3 Ways to Make Money with Your Domain Name by Hooshmand Moslemi

Probably, you have heard about making money online. Also, you have seen lots of different programs and systems that help you earn cash on the Internet. It could be selling stuffs, being an affiliate, running a website, etc. Now, there is another surprising concept: making money with your own domain names. But, is it really true?

Shortly, I have to say that it is possible to earn a living with domain names. Today, there are lots of people starting their own businesses based on this kind of opportunity. But, first of all, you will need to know how it works.

Basically, there are 3 different ways to make money with your own domain names:

1. Buying domain names at low prices, then selling them higher:

Believe it or not, one of the most important secrets of a powerful and popular website is having a good domain name. Thus, many website owners are looking for such domain names and willing to pay a lot in order to own them. Suppose, you had registered that domain name earlier, so you are the person who sets the price and win the deal. That´s it. You have purchased the domain name at a very low price and have sold it many times higher. But the secret is that how you could get those good domain names. Actually, several years ago, it was not difficult to register a good domain name. But, today, it has become harder and harder. Yet, there is one promising solution: buying expired domain names. Everyday, thousands of domain names are being expired due to forgetting the payment of annual fees. After a while, the expired domain names will be deleted and then be available for everybody who wants to purchase it. Among those expired domain names, you can find some valuable, well-established and attractive domain names.

There are some sources on the net where you can find the needed information about expired domain names. On the other hand, you can find some sources to put your domain names for selling. At those auction places, you will see how the customers are bidding and competing in order to grab your domain name. Doing this business properly with working carefully can bring you a lot of profits.

2. Selling advertisements on your parked domain names:

Another way in this approach is to put advertisements on your parked domain name. You register a domain name, then park it on a specific marketplace. Besides, most of them allow you to choose some keywords related to the topic of your domain name. Afterwards, you can see the related advertisements on your parked domain name as sponsored links. These ads are often based on pay per click action and you will get paid whenever someone clicks on the ads. This way is a good idea, even if you intend to sell your domain name later. In fact, the earnings depend on the amount of your visitors. So, it would not be a huge amount of money. However, it could help you earn extra money with your own domain name.

3. Redirecting your domain name to a specific page:

The third method is actually an accessory way. For example, you are an affiliate, a person who sells the others´products or services. In most cases, you, as an affiliate, have a web page like the seller´s, but the difference is your URL address, that is to say your domain name. It is too long and full of various numbers and letters. Sometimes, it would be difficult to market or advertise a page with the URL address like that. Thus, you may need a better web address. So, it is time to register a related domain name and redirect it to your affiliate page. It means, whenever someone types your domain name in the address bar, the page will automatically be forwarded to the affiliate web page. In this way, you send traffic to that web page and if a sale is made, you will make money. So, it could be another way to make money with your registered domain name.

The above mentioned methods are the main ways that help you make money with your own domain names. But, naturally, it is business and there is always risk with any businesses and don´t forget that the whole process of making money depends mostly on your ambitions, individual capacities, expertise, business experiences and desires.

Good Luck!

Hooshmand Moslemi

About the Author

Hooshmand Moslemi is the Author and Owner of " Make A Website Now ", (www.make-a-website-now.com) a very helpful guide full of information, tips and resources for creating a web page in easy steps.

1 comment:

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