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The Essentials of Domain Flipping
Jul 28, 2008 Domain Flipping 3 Comments
Buy a Domain that best fits your ideas of a website or your product lines.
Let’s say you want to a write about castles in Ireland, and then find a domain name like irelandcastles.com…
Or if you have a good product line of e-books to sell, then you should buy a domain name such as E-booksforsale.com.
Tip: Find an expired or dropped domain that is relevant to your product lines, they are often highly recognized and may give high profits later on!
Check What’s Up in the Latest Trends!
Find what’s in and what’s hot! Make a list of the most wanted products or info that the online market is craving for! This would help you decide which domains to choose.
Tip: Take into consideration the age, gender, location, and income of your target markets, this will help you get the profits you want.
The Secrets of Niches
Find a good niche, optimize it and with the right techniques applied to it, a good conversion is definitely on your way. The hard to find ones are the essential ones; this would define a good niche eh?
Tip: Choose the niches with high volume searches but has low advertisers on it. It is a bit lower in value and thus you’ve just bought a cheap yet high quality domain!
Jazz Up your Site!
Create unique themes, designs and fill it up with the necessary images and videos to make it more attractive. The most important for jazzing up your site is to create good and informative contents!
Tip: Always look at your site as if you were the customer! This will help you find the bad points in your site and thus you could easily renovate it.
Be on the World Wide Web!
Once you’ve jazzed up your site, be sure to register it in hosting sites that give cost-effective services just like Godaddy.com. Now you’re ready to target your markets and convert them into sales!
Tip: Canvass the best hosting services available and choose the ones that will fit for the timeframe that you set when marketing your domain.
Generate Traffic
This is all about your online presence and its impact on the web. Make sure that you promote it and create high ranking links to it. You could also join affiliations to get into the circle of the established ones.
Tip: You could hire someone who knows the flow around it but be sure that you’ll only pay for those that bring good results or else it will ruin your budget.
Reap the Fruit of Your Success!
This is the point where you’ve fully optimized and renovated your domain and is now on its way to be auctioned for the value that it deserves.
List them in popular buy and sell sites such as e-bay, namepros.com, websitebroker.com and the list goes on…
Tip: Avoid posting in advertising in forums where you’ll get low or cheap offers!
Here’s a quick view of the latest domains that was sold with the highest values from DN Journal:
|
|
Domain |
Sold For |
Where Sold |
|
1. |
Ringtones.org |
$120,000 |
Moniker/ |
|
1. |
Revolution.org |
$120,000 |
Sedo |
|
3. |
Voitures.fr |
€50,000 = $78,935 |
Sedo |
|
4. |
FilmMaking.com |
$55,000 |
Moniker/ |
|
5. |
Annonces.fr |
€30,000 = $47,361 |
Sedo |
|
6. |
Rainbows.com |
$45,000 |
Moniker/ |
|
7. |
Kudo.com |
$40,000 |
AfternicDLS |
|
8. |
Sprints.com |
$35,300 |
Moniker/ |
|
8. |
LonelyWives.com |
$35,300 |
Moniker/ |
|
10. |
Taxi.us |
$35,000 |
Sedo |
|
10. |
AGuide.com |
$35,000 |
AfternicDLS |
|
12. |
EverestGames.com |
$33,333 |
Sedo |
|
13. |
PhoneAccessories.com |
$25,000 |
Moniker/ |
|
14. |
2in1.at |
€15,000 = $23,681 |
Sedo |
|
15. |
SS.tv |
$21,500 |
Sedo |
|
16. |
ChicagoLoop.com |
$20,000 |
Pvt Sale |
|
17. |
HialeahPark.com |
$17,500 |
AfternicDLS |
|
18. |
Kinderwagens.nl |
€10,000 = $15,945 |
Sedo |
|
19. |
PrimeHotels.com |
$15,700 |
AfternicDLS |
|
20. |
Bingo.us |
$15,000 |
Sedo |
To keep it short and sweet, domain flipping is buying domains that will potentially be worth money. Some domains will be able to be sold in the first week of purchase and others will take years to build their worth. I know it sounds easy, but the hard part is learning what to buy. Anyone can buy a domain, but learning when, why, and if it is going to be profitable is a whole other story.
