Want to make money? Whether you want some extra cash for entertainment or you need to pay bills, selling domains is a way you can do it from the comfort of your home. If you’re a creative person who knows a little about the Internet, there’s a very good chance you could have a very lucrative career as a domainer. Keep reading to learn how to make money selling domains online in your spare time or full time.
How to Make Money With Domains
Here’s a look at some of the specific steps you want to follow if you’re serious about making money from buying and selling domains online.
Build a Portfolio – The first thing you’re going to want to do is build up your portfolio. This means spending money, but you don’t have to spend a lot in order to earn if you make sure you pick great domain names that you can flip easily and quickly. Take the time to research things you think may trend in the near future and get creative with buying domains.
Parked Pages – This isn’t going to make you a ton of money, but every domain in your portfolio that isn’t built into a website should be parked so that you can make a little money off of it while you try to find a buyer. Look around at different companies before you make a decision to go with GoDaddy so that you can make the most money possible. Remember – every penny counts.
Domain Auctions – If you can’t find a buyer for a particular domain, you might think about listing it in an online domain auction. Just make sure you set a reserve price so you get at least a little bit of money if it doesn’t turn out to be popular. This will usually cost a little money, but sometimes you’ll be able to pay the fee with any money you win by selling the domain.
Domain Flipping – If you’re already at the domain auction sites, make sure you take time to look around and see if you can find any gems that you can pick up cheaply. If you can, there’s a good chance you’ll be able to flip them quickly and make a ton of money without a lot of work or investment.
As mentioned, it doesn’t matter if you want to make a little bit of money or a lot. One of the best ways to cash in online right now is through domains. And with so many new top level domains being made available, there’s never been a better time to be a domainer as long as you know what you’re doing.