How to Succeed in the Domain Name Business

The internet could be said to be the ultimate invention of our time. It is an innovation that have facilitated communication, turning the world into a global village, with e-commerce opportunities being discovered and harnessed on a daily basis.

Without gainsaying, never in the history of mankind, has it been this easy to start a business with little capital and achieve the sort of financial success that is available with the use of the internet. Taking advantage of the limitless income opportunities on the internet could be a sure fire way of retiring young and retiring rich.

Domain Names, often referred to as Internet Real Estate is the axis or fulcrum upon which all the online businesses revolve. The success of any business online depends on the niche-targeted and keyword-related domain name.

Everyday, aspiring online entrepreneurs are taking advantage of this lucrative domain name business. Millions of dollars are being earned as passive income by established domainers, just by applying the secret strategies in this business.

Years back, domain names like www.business.com, www.download.com to mention a few, were sold for a whopping $7.5 million each.

The Basics Tools of Domain Names Business

The domain name business actually involves either registering a quality domain name with any of the reputable domain names registrars and parking them with parking service aggregators. The parking service providers have amazing software that optimize the website with pay per click parking related to the keywords in the domain names from Google, Yahoo, Msn etc.

More so, a domain name entrepreneur can also buy from the marketplace. It is estimated that an average of 70,000 – 100,000 domain names expire on daily basis. Apparently, these are domain names that the owners must have spent quality time and money on driving traffic and submitting to search engines, and perhaps, due to negligence they allow the domains to expire without immediate renewal plans; and other smart entrepreneurs goes ahead to register those names to their advantage.
In some other cases, the expired domain names may be sold by their original owners for profit maximization.

Meanwhile, there are rules that must be adhered to, before registering domain names like avoiding trademark names, ensuring only valuable and perhaps, one or two word domain names are registered. Some newbies to the internet might still be thinking, the internet is .com world. Though, .com extension is a universally recognized domain extension, but there are other Top level domains (TLDs) like:
- .net - Network
- .org - Non Profit Organizations
- .biz - Business
- .edu - Education
- .info - Information
- .gov - Government Agencies

Aspiring domain name entrepreneurs can choose from any of the reputable domain name registrars, and check for the availability of the domain name they intend registering. Registering domain names can be as low as $10.00 per annum.

It is advisable, that aspiring domain names entrepreneurs should make use of available resources online like www.keywordtracker.com, or www.freekeywordtracker.com google trends, www.nicheaday.com etc to know which keywords attract the highest PPC bidding and frequently searched by visitors to the internet. This will actually aid them in registering quality domain names that will enhance their chances of making money from their domain names.

Besides, they can also buy Expired Domain Names from the marketplace using any of the reputable parking service aggregators like www.sedo.com and others.

Making Income with Domain Names

After purchasing, your domain name, the next thing is how to make money with them. There are three acceptable ways of making money with your domain names, which are:

1. Pay Per Click Parking

All you need to do is create a valuable and keyword-rich domain name and park the domain name with a parking service, which will optimize the site with PPC parking. Each time a visitor to your site click on the ads, payment is made to the parking company and thereafter you are paid your own share, usually on the 16th of the following month.
Everyday, millions of people conduct searches on the internet using search engines. Some others may choose to type-in a domain name directly into their browser in the course of searching for a particular product, service or information.
Therefore, to succeed in this business, make your domain named keyword-rich, and it would be a surfers’ delight.

2. Affiliate Marketing

This is another way of making money with your domain names. It is capable of making you over $2000 monthly.
Affiliate program are programs that allow you to refer people to buy a product or service and on every sale, you earn commission, which could be between 50% - 75%.

All you need to do is simply point your purchased domain name with quality traffic, to your affiliate link, which is usually given when you register with any of the affiliate programs. Your affiliate links will be used to track your sales for you to earn income.

3. Flipping Domain Names for Profit.

This strategy involves after registering or buying expired domain names with quality traffic, you develop it to a website and sell for over $10,000 as the case may be.

One can even get content on the website either as an affiliate or your own free products depending on your keyword-rich domain name, and then you can start earning income up to $1,000 monthly before selling it.

You can even do your analysis. If your domain names bring in $1,000 monthly as income, then you can sell for between $10,000 - $50, 000 for profit taking, as the case may be.

Conclusively, as an aspiring domain entrepreneur, all you need to do, is to strictly play by the rules and techniques of domain name business and you are going to also start earning five or Six figures income.