Now that you have a pack of expired domain names that you believe are your potential money spinners, your immediate next task is to act on those domains quickly to start gaining some amount of income. There are many ways of earning money from your expired domains depending mainly on how you are planning to expend and in what way you can promote those domain names. Here are some time tested methods that will help you create a solid pool of gains from domains expired.
Just sit on your domains and expect some future buyers to come and buy them! This seems to be the simplest and easiest way to market and sell your domain. Just do nothing and don’t put any extra effort to sell the domain. Here, you may be waiting for some potential buyer to approach you, see that you are the legal owner of the domain and later send you an offer to purchase it transfer of ownership. Using this method is quite safe and secure as you are not spending any money on advertising and promotion. But, the chance of selling your domain for a reasonably good price is very slim and you may never even sell your domain even after months. Unless you have a great expired domain name, you may simply fail to dispose off the domain expired for a good price.
The next obvious step is to retain the expired domain with you and create a very simple web site on it and promote it by floating a short message as “This domain is for immediate sale. Please contact xyz@abc.com”. You can list the names of your domain names on the web page created and hope for a better price sometime in the future. Though this method is fairly simple and straightforward, you may not really hope for an immediate sale as there are thousands of web sites like yours that throng the internet. However, if visitors find your web site and get impressed by what they see, they may decide to contact you with a request for a domain or two at fairly decent prices.
Domain flipping is an attractive and efficient expired domain gains method that can bring you very handsome income over a period. If you are ready to devote a considerable amount, energy and money to market and sell your domain names, then it is possible to convert your expired domain into a fully functional web site containing some products, services or affiliate links that leas to other web sites. The most ingenious way is to develop and promote the web site with key word enriched text and content and place a notice somewhere on the front page of the site to inform that the site is up for sale. The site that you develop over the domain expired should have some minimum requirements like:
Good and useful text
SEO enabled text with very good keywords and meta data
Marketable products and services
If possible, links to affiliate web sites.
The main benefits of hosting a web site on domains expired are:
Increased traffic and links
Increased chances of selling the domain
Combined advantages of selling both the domain as well as the content of the website.
Selling traffic and links
The last method that you can use to dispose of your expired domains is to employ the following series of steps:
Contact various brokers and ask them help sell your domains on a commission basis
Send a series of e mails to interested parties who can buy your domains.
Contact corporate and business houses with an attractive offer
Put the domains under auctions on famous auction sites
Use the power of domain parking to make some income from your domains expired.
Whatever the method you use, just remember that periodic disposal of domains expired will help you maintain rhythm and flow in your business. But, never ever dispose of those domains that you feel are very good and worthy.
There are many online backup services that allow you to backup all of your important files such as: photos, songs, documents. These are all stored at a secure, remote location. By storing your important files online you will have a backup copy of your data or files and safeguard them from theft, being deleted, computer crash or any other disasters. With backup services you get peace of mind because you know that you can always retrieve your data from any computer so long as you have an internet connection. This offers you the convenience of retrieving your files anytime, anywhere. With a lot of companies offering online backup services how would you know which one to trust? You can log on to remoteonlinebackup.net to find which company would be best for you. One such company that they recommend is Carbonite. You can go to remoteonlinebackup.net and check out several Carbonite Reviews. That is because carbonite is extremely easy to use and install. After payment of the services you can easily download and you can then easily install it. They even walk you through the installation process. After which you can already set up the files that you want to store or have a backup of and Carbonite takes care of the rest. You can even test Carbonite before buying. No credit card is needed to try it out. After you decide to buy the protection you will only be charged $54.95 and that’s already good for an entire year. Meaning you will be paying approximately $5 per month. That’s a small price to pay for your peace of mind. Check out remoteonlinebackup.net to know more about Carbonite.
The “Should I park my domain name and monetize it that way or should I develop a website?” is a pretty old debate among domainers. And I believe it’s proof that laziness will always win over sensibility.
There are a variety of ways to monetize a domain name. Most domainers who deal with a lot of domain names like to park their domains at Sedo, GoDaddy, or other services that help them monetize the name.
Others build made-for-adsense websites that have little real value, intending to get visitors to click the adsense ads. This is not much different from parking the domain names.Very few domain name sellers or speculators develop real websites or blogs on their domain names. Why?
Even though they intend to sell their domain names, they know that this usually takes a lot of time. Finding a buyer isn’t an overnight process in most cases. Most domains that are finally sold have been owned by the speculator for years.
Parking those domain names is the way they try to cover their costs of registering the names year after year. Most of their domain names will never sell because they want way more than they are worth. Most domain speculators are hoping for that one big sale, kind of like playing the lottery.
During all that time they are holding onto their domain names, they could be building websites, doing affiliate marketing, blogging, and more. The problem is that those things require work. And we all know how much people like work.
Most people who join MLM programs, get involved in domain speculation, or fall for get rich quick schemes do not want to work. They are hoping to fall into thousands of dollars without having to do any real work.
This article won’t win me any popularity contests among domainers. But if the truth hurts, too bad. It is not ALL domainers who are lazy. There are many who work very hard at their profession. They learn to master the traffic their domain name brings in and make a business out of it.
This article is more about those who just go out and register a bunch of domain names they believe are creative, hoping that someone is going to come along someday and give them a bunch of money for what they consider to be creativity.
For some it is their second job or hobby. For others it is a habit. I’ve known domainers who mortgaged their house to buy a lot of domain names they will likely never sell for enough to cover the loan.
In my opinion, the smart move is to develop those domain names into real online businesses. If you own one-word generic domain names that have type-in traffic, this doesn’t apply to you. But if you are like most domainers and you own a bunch of made up domain names, two and three word domain names, etc., then you should think about developing those domain names into a business.A domain name’s real value is in the traffic it generates and what that traffic may or may not buy based on the keywords that helped them find that domain or website in the first place.
Let me rephrase it again. Your domain name is not worth anything more than you registered it for when you first register the name. Once you analyze the traffic that domain gets, it may or may not increase in value.
If just parking the domain name gets very few clickthrus for the ads placed on it, then your domain name is not worth but a few pennies over the price of registration.
All it proves is that a few people who end up on that domain name will click an adsense ad. To a business, that means nothing. It doesn’t even prove that any of the traffic generated by that domain name will actually buy something.
However, if you create a business plan that matches the domain name, and you develop a website based on that business plan, and people do actually buy products, services, subscribe, join, or click through to your affiliates, you show that the domain name you own has business potential.A business owner is much more likely to buy your domain name if it has a proven profit potential than if they just think you have a cute catchy short domain name.
It can be as easy as installing free wordpress software and picking a free theme for your blog and writing to it daily with original content.
The bonus is that it may also rank well for your keywords if you do it right and know a little about seo and social bookmarking.
If you develop a business model that is just moderately successful and you add that it has a good ranking for some key phrases, the value of your domain name is quantifiable and much more appealing to anyone that may consider buying it from you.
My opinion is based on having developed hundreds of websites and blogs and having bought and sold over 500 domain names.
There are a few people around who have bought and sold more than I have.
There are domainers who have made a lot more money than I have by monetizing their domain names or by directing the traffic from their domain names directly to websites that are owned by businesses.
But, again, they have the right domains and tools to do that with. Making up domain names or owning a bunch of 2-3 word domain names does not mean you will be one of these. You won’t be. Those I referred to in this article should begin thinking about developing their domain names if they want them to have any actual value.