Can you actually make money through domain names? Yes, you can make lots of money if you know the ins and outs of domain name marketing. Here are the 5 steps to make profits with domain names:
1. Think of domain names that are likely to be in demand in the coming months and register them. You'll pay around $9-$25 to get them registered. You can then park these registered names and when there is a demand, you can sell them for much higher price. That would be instant profit for you.
2. Find saleable expired names. There are thousands of these names that were not renewed by their owners. You can pick the ones that are most likely to interest other webmasters and buy them. Again, park these and when there is a demand, sell them.
3. Put up your domain names for auction. When you have lots of names and you are finding it difficult to find them a buyer, put them up on eBay and other auction sites. It will give them the exposure they need from all over the world making their tag prices even higher.
4. Register your domain name for your website. As what have been discussed, expired names and those that were parked are much more expensive in comparison to one you create yourself. As much as possible, think of a unique name for your site and register it yourself to save some money.
5. To make more money from your domain name, make sure that it is short, contains relevant keywords, easy to spell and pronounce, and easy to remember. When these characteristics are found on your domain name, you can be sure that your website will get enormous, steady traffic.
Article Source: http://EzineArticles.com/?expert=Sean_R_Mize
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