Posted on October 14th, 2008 by admin
Home Business - Make Money Selling Domain Names (46)
business opportunity, Hinkley, make money, home business, work at home
For so long I have been struggling to make money with data entry clerk programs only to find one scam after another. I can't begin to tell you how much money and time I have wasted trying to work at home with this type of home business opportunity. Everyone wants to take your money up front (they call it set-up fee or account fee) and then they're gone. Just like ghosts. I hear that there really are honest data entry positions on the Internet, however, I'm just going to give up as I found a better way to work my home business.
Who would have thought that money could be made from names? With the advent of the Internet, industry regulars slowly realized the gold mine sitting literally under their fingertips in the form of domain names. These days, buying and selling domains has become a real business, with some highly sought-after names selling for five-digit figures. The domain name ClearDay.com, for example, reportedly sold for $60,000 while Mercury.com made a lot more -- $700,000. Think there's a market out there for your domain name? Here's how you can make money from a name:
Do a search on domains that have a potential or those that have shown some sort of following in the past few months. Look for names that have registered a minimum of 1,500 to 2,000 hits 30 to 60 days prior to your search. If you're willing to pay more, look for domains that have registered five-figure hits because that's an assurance that these domains already have a strong following. You can either sell the domains back to their former owners or have interested parties bid on them. Either way, you'll profit from your efforts.
You can't always spend hours online searching for domains to buy. Try online grabbing systems that let you automatically bid on domains you're interested in. Sites such as Pool.com and Snapnames.com are just two of these sites. You'll pay them a fee if they successfully grab the name on your behalf. Before you can sell your domain, you have to be registered. That's how you can be 'legally' recognized. Getting the name registered also bestows upon you the right to claim it and if you wish, sell it later.
Registering a domain name may be done for a limited period of time, usually as short as 12 months to as long as 10 years. Beyond the chosen period, the registration expires and you can choose to renew it and continue to claim ownership over it. Or, you can choose not to; at which point the domain name will be made available to another buyer. This is where you can sell the domain and make money with your home business.
Another option to look at is to build traffic to your domain. If you want to take this route and build your domain from scratch, be prepare to work. If you have a domain name that you created by yourself or bought, you need to make it valuable to potential investors. Offer high quality content, build a reputation, link up with quality sites, allow your visitors to interact using your website. Once you start appearing on major search engines' radar and gain a good following, you raise the value of your website and your domain. When the time is ripe, you can then sell that domain for a nice, fat profit.
If you don't mind speculating either course may be a good route to take with a home business. Just remember, though that it can go either way in which the domain name gets sold or it gets ignored.
Janet Whalen, Hinkley, CA
skype - janetwhalen
jwhalen92347@yahoo.com
Tri Power Team
Article # 46
Tags: business, home business, home business opportunity, Make Money, Work At Home
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Home Based Business Ideas 43 Home Based Business Opportunities 44 »
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So, you have found that home business opportunity. What do you do now? You must learn how to drive a massive amount of traffic to your site. The following tips may be of help. Caution, there are no quick fixes in obtaining top positions on the search engines.
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Secrets of becoming a writer
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Starting and operating an online business opportunity venture can be a bit challenging when you're new to the field and have been accustomed to the conventional business and marketing world. If you're thinking of starting an Internet home based business from scratch, it is a great option, but it’s not for everyone. First and foremost, it’s much riskier than buying an existing business and you'll need to make sure you really think things through, do the research and develop a business plan. With an Internet home based business opportunity, all of that has been done for you. What you will need for resources are, a computer with high-speed Internet connectivity, basic computer and Internet skills, and a willingness to learn more. That is an absolute must because the Internet is in a constant state of change and you need to be tuned in to keep abreast of changes.
We all need a safety net of some sort to survive in these difficult times and a home based business on the Internet is your financial life preserver during this economic crisis the world is facing. Imagine being able to work from your own home, doing a job you love, and getting paid for doing it. And the good news is, you're the boss. Home based Internet businesses do work and it's not just a fantasy, it's a prospect that is well within your reach. But, even though joining the perfect home based business opportunity is the first step to start working from home, it can also mean the last step for those who join a scam program. Scammers know that people like to make fast and quick cash without any effort and they abuse this human weakness to cheat people. Simply use good old common sense to avoid being scammed, online or offline.
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