The Domain Selling Business - How To Really Make Money On Internet

The Domain Selling Business. A real business where insight and timing are critical. Where smart people can make money by making smart moves. In other words, a true Internet business that could make you a millionaire. If you have the skills, the smarts and the moxie, and the key insights.

Why do People buy domain names?

Everyone in the business industry is aware of the value of the right domain name. It is the company's brand name and it is critical to driving traffic to the home website. The right domain name is worth hundreds, even thousands of dollars to a business. The right name is so generic that a user might type in a random phrase and add .com or .net and land on that respective businesses site. Check out what some very recent domain names went at public auction.

Lips.com sold for $135,000 on Moniker T.R.A.F.F.I.C.

Note.com went for $115,000 on Moniker T.R.A.F.F.I.C.

Forest.com for $110,721 on SEDO.

And Coed.com for $88,240 on Moniker T.R.A.F.F.I.C.

How to really make money on selling Domains?

That's some serious money. Imagine where you would be right now if you had purchased any one of these a few years ago when domain names were so cheap people could buy these basic names at less than $10.00 per name. Better yet imagine where you would be if you had the foresight to have purchased any two of these basic domain names.

Here is how lucrative domain reselling can be - these six entities each sold for $10,000.00 at the recent

TechnologyFund.com on Moniker T.R.A.F.F.I.C.

PinkRoses.com on Moniker T.R.A.F.F.I.C.

Pensions.net on Moniker T.R.A.F.F.I.C.

FreeSoft.com on Moniker T.R.A.F.F.I.C.

EatFree.com on Afternic/BuyDomains

212.net on Moniker T.R.A.F.F.I.C.

Four of these break the rules of a single word domain name yet they met the needs of a specific company and were worth the thousands that the right company put forth to secure the name

A wealth of web sites exist devoted to the marketing and sales of domain names

Moniker.com

Moniker is the only provider of the trademark Domain Asset Management services. The company provides a single-point-of-access to manage domains and maximize the selling of those names. Moniker is the company that recently handled the sale of the domain name Porn.com for $9.5 million. The company also handled Sex.com which sold for $12 million in cash and stock. How about Autos.com for $2 million, Cameras.com at $1.5 million and Scores.com for $1.2 million? Moniker also handled the sales of student.com, ethanol.com, cardiology.com, and more.

SEDO.com

SEDO has more than 500,000 members trading domains around the world. SEDO currently has more than 8 million premium domain names available and is working globally in more than 21 languages. SEDO offers it users all of the tools necessary to buy and sell domains including domain name appraisals, brokerage services, promotion, and a domain parking program.

Check out these numbers - 1,500 domain sales a month yielding $3 million in sales - 8,000,000 domains available, 3,000,000 of them parked.

Afternic.com

Afternic.com is another leading domain name company that is recognized for its work in the secondary-domain-name business. Offering an extensive exchange network, the company works with partner domain name registrars and then refers buyers for aftermarket domain purchases. Afternic is another one stop shop that provides anonymous sale environment for potential bidders.

Afternic managed the $1 million sale of Fish.com. Since 2002, the company has experienced triple-digit annual growth rates.

1DollarDomainPage.com

1DollarDomainPage.com is a one stop portal that features the latest in the domain marketing field. The site advertises domains for sale by category and offer free classified advertising space, options such as hosting services, leasing, job opportunities and other items wanted or for sale. It also offers a series of live chat rooms that are available to every pixel owner including rooms that offer discussion options devoted to beginners and newbies to the domain business. The site also offers chat rooms broken out for those people who selling or buying and even offers one chat area focused solely on those who are seeking one specific domain or website.

MillionSnapNames.com, TdNam.com, GreatDomains.com, and more.

How much will people pay for the right domain name? A Lot!!

We have already talked about Porn.com and Sex.com but how about diamond.com, business.com, and beer.com? Each sold for 7.5 million dollars apiece in 1999. After the dot com bubble burst in 2001 the general consensus was that no other domain name would reach the lofty heights that business.com was able to attain. Man, were folks wrong! Casino.com sold for 5.5 million in May of this year, Korea.com sold for $5 million in January and Shop.com sold for 3.5 million in 2005.

Domain Names Have Their Own Image

Let's face it, image is exceptionally critical to ever business and domain names foster their own image. Short, one word names with the dot com after them are in extreme demand. A domain name must be memorable because a domain name must be able to stand alone. Customer's today type in the most used domain names simply from memory. A great domain name means search engines simply aren't necessary.

Though everyone wants that one word name, it is possible to create some really useful domain options using simple prefixes. A simple example is the use of the word auto and the long ago sold out auto.com domain name. Other options can work for that same term, automart.com. autodepot.com, autoland.com, usedauto.com, etc. The trick is to be creative but to get something simple that sells the business at hand.

Domain Names - 6 Key Ways to Make a Profit With Domain Names

Domain names are – simply put – the names of the website addresses that you want to visit or that you own. These are what Internet users key in on the address bar of the browser they are using when they want to visit a certain website. The domain names are text names that correspond to the Internet Protocol (IP) address of a certain website. Below are six ways for you to make a profit with domain names:

1. Purchase domain names and then resell or rent them out to other online users. You can earn when you place a high mark up on the original price that you paid for the domain name.

2. Get a domain name that will serve as a referral link to your other own site. This is where link building kicks in. Create that link that will bring the Internet user to your own site.

3. Invest on a keyword rich domain name. Remember that if your domain name is very easy to remember, it will attract a lot of visitors. That will mean more traffic.

4. Offer your unused but active domain names to companies or individuals that may have a stake on them. For instance, if you own the domain name with “Beckham” on it somewhere, you may want to offer it to football star David Beckham’s Management Company.

5. Park your active domain names and actively promote the blank website. Who knows, someone will come along and will want to bid on a good price so that he could get that domain name.

6. Buy the other versions of popular domain names. For instance, get the .org, .net and the .info versions of the domain name “Vogue” and then let those versions forward the website visitor to your own website address instead. That would again mean more traffic!

Domain Names Auction to Sell Your Domain

If you wish to sell your existing domain name and sell it quickly, you might achieve more success if you place it in auction. Auction selling domain names offer certain advantages especially if you look to sell domain names quicker than other methods. Aside from being the quickest option known, it can also be benefiting in the following ways:

A domain name auction can be an attractive option because it can readily bring together a group of interested buyers. From a broker's perspective, it can be very difficult in trying to target those buyers who might be interested on buying particular domain name.

An auction would require a seller to be listed with a domain name broker. On the part of the domain name buyer, this would be a benefit since that it would give some sense of legitimacy to such kind of market. With the presence of brokers, buyers might feel more secure that they will not be shortchanged in the deals that they may be making in the process.

An auction would be the ideal venue for valued information about certain domain names in order to determine their worth. Sellers would enjoy the help of the brokers in order to set a fair market value for their domain name property. Buyers may also be able to obtain information on domain names that will be able to help them determine their bidding price for each domain name. In some ways, an auction will provide a fair market for both the sellers and the buyers.

An auction can also put some order to a gathering of domain name buyers and sellers. It can be good venue for both experienced as well as inexperienced buyers who might not know how to offer the fair value for a certain domain name. Auctions usually starts low with buyers bidding to what they think would be the value fitting for each domain name for sale. This will help buyers avoid the embarrassment of offering too high or too low for a good domain name.

Auctions can help eliminate too much haggling, or at least keep them in check. This puts more efficiency into the whole process and provides buyers with an abundance of domain names to bargain with, at times even more than they can handle.

So should you plan to have your domain name put up for sale, maybe you should give auctions a second look. Not only would it provide sellers with the convenience in looking for interested buyers, it can also provide the buyers with a safe venue to look for interesting bargains and deals. Auctions offer you the quickest way to find the best value for your domain names in so short a time.