Profiting from Domain Name Trading: A Comprehensive Guide

Jan 2
08:05

2024

Wayne Ford

Wayne Ford

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Domain name trading is a lucrative way to earn money online. It's simple, enjoyable, requires minimal investment, and offers substantial profit potential. Companies and webmasters are constantly on the lookout for high-quality, marketable domain names and are willing to pay a premium for the right one. Many individuals are making a comfortable living from buying and selling domain names, and you can too. This guide will provide you with all the information you need, including where to find good domain names that are still available for registration, starting from as low as $14.

Identifying High-Value Domain Names

The most crucial factor in a domain name's value is its suffix. The most popular are .COM,Profiting from Domain Name Trading: A Comprehensive Guide Articles .NET, and .ORG. However, alternative domains like .WS, .TV, .FM are gaining popularity due to their availability. For instance, if DW.com is taken, you might still be able to register DW.ws. For now, sticking with .COM is advisable as they are the easiest to sell.

Before purchasing a domain name, ask yourself if a webmaster or business would want it. If you can't instantly answer "Yes!", then it's probably not worth buying. The more generic the domain name, the better. However, remember that it's illegal to register a business name or trademark that you don't own, a practice known as "cyber-squatting". Laws are in place to protect against this.

Shorter names are preferable as they are more memorable and easier to market. At the time of writing, there are only about a thousand three-character domain names left. To find out how to get a list of these and four-character domain names, keep reading.

To understand what names are selling, research popular domain auctions like Ebay.com or Afternic.com. Here are some examples of domains that have recently auctioned or have current bids at Afternic.com:

  • Internetbank.com $92,800
  • E-Privacy.com $35,080
  • eloans.net $6,060
  • Ez-HomeLoans.com $4,725
  • venture-capital.net $14,510
  • officetravel.com $2,625
  • qalaxycafe.com $1,890
  • a1restaurants.com $730
  • stormnews.com $765
  • SkinCleanse.com $2,885
  • LADoctor.com $15,000
  • MrAirline.com $15,000
  • Engineering.org $198,895.00

Discovering High-Quality Domain Names

Contrary to popular belief, not all good domain names are taken. Although thousands of new domain names are registered every day, there are still great names to be found. The best way to discover these is to subscribe to expired domain lists. These are compiled lists of repossessed domain names that have been returned to the domain pool every day. They are available again for anyone to register and contain some really great names. As a subscriber, you will get first pick at registering these names. Two such lists are:

  • Unclaimed Domains - http://join.at/unclaimed
  • DNSIndex Expired Domains - http://join.at/DNSIndex

These lists are worth thousands of dollars. To get the lists, all you have to do is subscribe, which is easy and cheap. Then each week you will receive a fresh list of expired domains in your email inbox.

You may also purchase a custom keyword search in the recently expired domain name pool from DNS research - http://buy.at/DNSResearch.

Other tools to help you find great domain names:

  • DNS Research - http://buy.at/DNSResearch sells lists of all available Dictionary Word .COM, .NET, and .ORG domain names. They also offer lists of remaining three-character domain names.
  • DNS Index - http://join.at/DNSIndex - sells lists of available three-character and four-character domain names as well as custom searches of the expired domain pool.

Free tools to help you find great domain names:

  • DomainsWeekly.com offers a free weekly e-zine that includes a list of over 200 high-quality expired and available domain names. The website also has tons of domain-related links, resources, services, news, and more.
  • NameBoy.com has a great search engine that recommends available domain names based on a keyword you enter.
  • NameU.com has a search engine that does pretty much the same thing except you have to click on each name individually to see if it is available.

Registering Your Domain

Once you've found some good domain names, you'll need to register them. Not too long ago, the cost to register a domain name was $70 for two years. But with new regulations and the distribution of registering privileges, the cost of registration has become more affordable, meaning more profit for you! You can now register a domain name for as little as $14 for a year. One place to do this is at DomainsWeekly.com.

Selling Your Domain

The most effective place on the Internet to sell your domain names is on auction sites. List them first on Ebay.com, Afternic.com, and Ezdomainauction.com. There are also domain name brokers that will list your site for free, a fee when sold, a fee to list, or both a fee to list and when sold. GreatDomains.com is a great high traffic site to list on and you only pay them only a small percentage when you sell your domain. If you have a good domain name, and your price is right it won't be long before a buyer bids or contacts you.

Many new domain sellers make the mistake of trying to sell every domain name for thousands of dollars. When, in fact, you will do much better selling more domains for a few hundred dollars. This way you will have a much higher turn around rate. Remember you are registering the names for $14 and if you sell one for even $200 that is still a huge 2600% profit!

Conclusion

As you can see, domain name buying and selling is a good way to make a great deal of money. It's very easy and you can do it in your spare time. Get started today by subscribing free to DomainsWeekly.com, subscribing to DNSIndex - http://join.at/DNSIndex (instant access to expired domains) and any of the other available and expired domain lists listed above. Register with Ebay.com and Afternic.com and begin selling! Good Luck!