Making Money Selling Domain Names
Selling domain names can be quite profitable for webmasters. This is
particularly the case if the webmaster sells a domain name that has an
existing line of traffic. In these situations domain names can generate
thousands of dollars for their webmasters. There have even been domain
name names that allowed webmasters to collect millions in profit. With a
little bit of basic knowledge, you can emulate such success for yourself.
This article will provide that information through an easy to follow
step-by-step guide.
First, you will need to find a search engine
keyword that is highly searched yet not used much by other websites. You
can do this by using a keyword analyzer. The best keyword analyzers are
those that you pay for, such as Word Tracker or Keyword Analyzer. The
reason why these are preferable over free ones is because they let you
know how much competition you are facing with a potential keyword. Free
ones only tell you how much the keyword has been searched. If money is a
problem, try to get a paid keyword analyzer that is offering a free
sample, such as Word Tracker. You can upgrade to the paid version once you
return profit from the sale of your domain name.
With your keyword
chosen, you will need to get a domain name and web hosting. Why do you
need web hosting if you're going to sell just the domain name? It's
because you're going to need a website to drive traffic to that domain
name. Without a website visitors won't want to return to whatever domain
name you selected. This lessens the main element that gives a domain name
profitability: traffic.
Anyway, try to get a package that will
include both web hosting and a domain name at the same time, since you
won't have to worry about transferring anything later. When you choose
your domain name, make sure you include your selected keyword in its
phrasing. If you find that your selected keyword is taken as a domain
name, try making alterations like saying "a1", "123" or "101." For
example, say the keyword "Careers" is taken as a domain name. You could
say "A1 Careers," "Careers 123" or "Careers 101." Alternatively, you could
try searching for a related keyword that isn't taken as a domain name.
Either way, keep trying until you get a memorable yet keyword-rich domain
name that still has a .com extension.
Now, you will need to create
a website for your domain name. It doesn't have to be big... even a
one-pager could do the trick, if you don't mind a website so simple. Write
an article related to the keyword you chose and create a simple site using
Microsoft Word, (make sure you save the document as an .HTML file). Sign
up for Adsense and/or an affiliate program, so you can offer additional
resources for your visitors. You will also earn a commission if a sale is
made or a clickthrough generated, (depending on the program you
joined).
Once your website is uploaded, you need to focus on
traffic-building. You can get an initial boost by buying traffic, though
make sure the company you buy your traffic from uses expired domain names
rather than bots or even incentive traffic, (such as paid emails). But
even after this you will need to try to build up inbound links. These are
websites that link to you. Post your site on any free site, such as
directories, message boards or online classified ads. Also, make sure you
submit articles to free article directories. Additionally, try to initiate
link exchanges. You can do this by emailing the webmaster or finding link
exchange networks such as Link Market.
Keep building up your links
until you get a steady stream of traffic. If you get enough traffic, you
will get an Alexa rating. If the rating is pleasing, find a domain name
appraiser and see how much your domain name can go for. This will give you
some idea of how much you can realistically get, but don't get discouraged
if the number seems low. Why? It's because some people will care more
about the traffic your domain name is receiving over the supposed SEO
elements of it.
Either way, when you feel you are ready put your
domain name up for auction. You may even want to include your original
website, though this is optional. When the domain name sells, you will
need to transfer it over to the new webmaster's account... your web
hosting company can help you with this.
With your profit you may
want to consider doing the venture again with an expired domain name. This
will get you a traffic boost without having to go through the actual
process of traffic-building, (if you decide you don't want to do
that).
Get expert advice about domain names at http://www.articlefog.com/category-domain-names.htm.
Here you can find all information about choosing right domain name,
cybersquatting, making money selling domain names and many more.
Article Source: www.ArticleFog.com.
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