Make Money From Dead Domain Names
Sunday, November 4th, 2007 Subscribe To Our Feed
Each day website owners are allowing domain names they have purchased to expire completely by accident. Yet a well informed investor who is aggressive enough can snap up these domain names and capture a large amount of existing website traffic for what is a brand new site. Unfortunately, there are many website owners today who have lost out because of this whilst there are just as many perceptive investors who have been made richer because of it.
All websites only survive if they have regular amounts of traffic being directed towards their site each day. So often when a site which has a memorable domain name and constant traffic going to it becomes available they will quickly be snapped up by some of the more savvy domain name investors around. Then often within a matter of days they have sold the domain name on for a profit.
Let us say for example a sit has become available which sells bridal gowns and other wedding paraphernalia but because the site is not user friendly or it has been poorly designed. Or because the products it is selling are over priced and has now done as well as the owner had expected so they have allowed the domain to expire.
Once the domain name on this site has expired then a person will have the chance to actually purchase it for themselves. Normally those involved in investing domain names will use the services of a domain watchdog company who will immediately inform them of any names which become available that they may be interested in. Upon hearing about the site say the bridal gown one the investor has the choice whether to purchase it or not. Sometimes they can pick up domain names for as little at $6.95 using a domain watchdog service.
Then in just a matter of minutes, the domain investor will have been able to get hold of a good domain name that seems to have plenty of good quality traffic. All they then need to do is build a very simple website page with a number of related ad links. This will then allow the site to begin to better monetize any existing website traffic it has as well as generate a much more constant flow of cash for the new owner.
Then as time passes the investor can either choose to build up the site further in order to generate more cash or they can slip “flip it” (resell it) to another website owner or to another domain name investor or to a domain name broker.
If you have an old domain name which you are considering getting rid of it may be well to place it on a site such as eBay or one of the many domain name auction sites which have now been set up online. You may well be pleasantly surprised at just how much you can sell it for using these sites. On eBay in recent times some of the more unusual domain names which have been put up for auction have sold for as much as $500 which is a tidy profit in anyones book.
For those of you who are considering investing in domain names seriously then you should look for those domain name valuation tools and services online which can assist you . Some offer their services for free whilst others require you to pay them a fee, but all of these will help you to make a much more informed decision as to what is the right name to invest in or not. But as you will soon discover no matter whether the domain has been automatically or manually generated by a person when sold they will fetch a much higher price than they may have initially thought.
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