Domain auction make money

Buying and selling domain names is an exciting adventure that for some seems to conjure up images of finding hidden pirate treasure or guessing the winning combination on the next Powerball.

Well, the ocean is big. You need a map or some other advantage to guide you toward that elusive booty. Here are some tips to get you pointed in the right direction when trying to buy or sell a domain name for profit.

There are millions of domains already registered by someone and endless combinations of available domains to register, especially when you consider the hundreds of new domain name extensions like. If you plan on buying a domain to resell it, you should start by narrowing your focus. What do you know about already that can make this easier? Do you know about pets, are you in car or home sales? Do you know about education or healthcare?

Think about some of the spaces you are most familiar with and start there. Without knowledge of the space, you may not know that the American Bar Association and other industry-specific organizations set rules that govern some aspects of legal advertising. Think of ways that the domains you buy would be a valuable asset to the buyer. Picture someone who would benefit from buying the domain in a space you are very familiar with.

If this was you and someone was trying to sell you this name, would it be beneficial for you to own? Use those answers to refine your search for names. This might be a good deal. If you can answer these questions with confidence and know this niche well, you probably already have an idea of who to contact and how to make a compelling case for how this domain could help their business grow.

Over $17, Profit In 6 Months Flipping Just Domain Names

Now that you have narrowed down what names you should probably be buying, how do you find them? First, check to see if the names are available to purchase as new registrations. If the names are taken as many probably will be , head over to the aftermarket to buy from people who already own the names or who let them expire because they no longer plan on using them. A great place to look is auctions.

Use the advanced search option to quickly hone in on the type of names you are interested in.

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You can narrow the results by price, top-level domain i. Using this feature will help you quickly sort through the millions of domains on the aftermarket and find the domain names that best fit your end goals.

Once you have a name in mind, how do you know if the price is fair? I like to use namebio. You can enter the keyword and also use some advanced search features to see a list of names similar to yours, what they actually sold for, and when they sold. You can also research current domain sales on venues like GoDaddy Auctions and Afternic.

Finally, Ron Jackson issues a weekly report on DN Journal that covers the top public sales of the week. You can use all these resources to help you price your domains correctly.

Vente aux enchères de domaines | Achetez et vendes vos noms de domaine - GoDaddy FR

There are many venues to get your domains out in front of the buying public. You want to consider a few things:. Is the venue trusted and well known?

Pick a place that has good ratings with recognized bodies such as the Better Business Bureau or licensing from a trusted government source. Is the distribution network strong? The potential to get your domain name in front of the right buyer is key. Listing in a distribution network such as Afternic can get your domain name in front of millions of potential buyers each month. Letting a great name you purchased at a fair price to make a profit sit in your account, instead of getting it in front of the right buyer, is like finally finding that pirate treasure map but framing it to admire in your living room instead of following it to the booty.

There is always a learning curve in buying domains with the purpose of reselling them. To get the lowdown on how Afternic works, domain listing best practices and more great info for domain sellers, check out our recent Aftermarket Google Hangout. Image by Evil Cheese Scientist via Compfight cc.

You are using an outdated browser. Please upgrade your browser to improve your experience. Narrow your focus There are millions of domains already registered by someone and endless combinations of available domains to register, especially when you consider the hundreds of new domain name extensions like.

It is much easier to sell a domain you know would be valuable to someone in a particular industry. Share this post Twitter Facebook 0 LinkedIn 0 Google 0 Pinterest 0.