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Do you want to make money online? If yes, you’ve come to the right place. There’s profitable business you can do using a domain. Maybe it sounds unfamiliar, but some people have fatten their bank account through this method. Wanna be like them? Keep reading this to find the answer!
What is Domain?
Domain is described as a piece of land to build a house, no matter how good the design of the house is if there is no land to build it is useless. Likewise with domains, if they don’t exist then websites and email addresses don’t exist.
Unfortunately, domains have an age limit where they must be renewed immediately. However, some owners fail to renew which results in expired domains. But the good point is, this is an opportunity to make money online.
First Thing First: Have a Domain Name!
The first rule is to own a domain, whether it’s a new domain or a renewed expired domain. Once you own it, you are free to sell in different provided marketplace or simply park it on some website to earn commissions.
Expired Domain itself means a domain that the original owner failed to renew within the given deadline. Some domain names are a maximum of 10 years old and a minimum of 1 year old. Just contact the domain owner and offer a price for the domain that has failed to be renewed.
After the deal, that’s your chance to make money online by re-registering the expired domain to be useful again. And do not worry because this activity is completely legal to do and newbie friendly.
#1 How to Earn Money from Parking Domain
The first way to make money online is parking domains, which is done by submitting a domain name to a parking company. Once the request is confirmed, they will place ads on the domain that will look exactly like a website.
Every visitor who clicks any ads on that website will give the domain owner a commission. That’s how you can earn money, and keep in mind that not all domains can be parked.
#2 Make Money Online by Selling Domain
Both brand new domains and re-registered domains can be sold. How to do this is by setting the domain name for sale and setting the desired price, then add the for sale sign.
Next, choose the right marketplace, there are some recommendations that you can go to to send a selling letter including GoDaddy.com, DomainNameSales.com, Afternic.com, dan undeveloped.com.
Some Useful Tips
Do some research before buying an expired domain, because some domains can’t be used for parking, then sell it and start all over again. And, for newbies, just buy 3 domains to see the progress before making further investments.
So, which one do you think is more profitable, selling domains or parking domains? And for those of you who are making money online doing this method, how many dollars have entered your Paypal?
Tagged: business
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