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How To Really Profit From Domain Names



H


ave you heard about domain      corporation will pay big bucks to 
names that sold for over a      them for the use of the company`s 
million dollars? Inspired       own (already trademarked) name.   
by this, you imagine registering      Instead, they end up with         
a great domain name, hanging onto     threatening letters from a law    
it for a while, and then selling      firm for their attempts at        
it off to become the next             extortion.                        
multi-millionaire. It could                                             
happen, but don`t count on it!        However, you can still make money 
                                      from domain names if you are      
First of all, many of the truly       sensible in your approach. Here   
great domain names are already        are some suggestions on ways to   
taken. Second, the dot com bust       profit.                           
took some of the wind out of                                            
inflated domain name prices. (If      1. Affiliate Programs: Use 
you sell your domain name for         your domain name to promote an    
millions of dollars worth of          appropriate affiliate program.    
stock in a publicly traded dot        Either redirect to the affiliate  
com flop, what is the name really     site or write a review that links 
worth?)                               to them.                          
                                                                        
The cybersquatter buys domain         2. Informational Sites:    
names totally on speculation.         Create content and then profit    
Sometimes he will register names      from it by earning advertising    
of famous brands, companies, or       revenue through Google AdSense or 
individuals. Time and again,          a similar program.                
these domain name speculators                                           
learn the hard way that they must     3. Redirect to Your Own        
respect intellectual property         Site:
Some reasons you might  
rights. They hope that some large     want to do this include           



preventing competitors from using                                       
a particular domain name and          First, you will have a fully      
benefiting from searches some         developed website. A fully        
users perform by domain name.         constructed building on a piece   
(For example, if they wanted to       of land increases the value of    
order flowers, they might just        the real estate property.         
type "flowers.com" in their web       Similarly, the value of your      
browser. You could get some           domain name is enhanced by a      
traffic and sales this way.)          complete and operating website.   
                                                                        
4. Product Sites: Create       Second, you have traffic. Just as 
your own or sell someone else`s       a shopping mall with no traffic   
product appropriate to your           results in no sales, so a website 
domain name.                          must have traffic to generate     
                                      income.                           
5. Park Your Domain Names:                                       
You might feel that your name has     Third, you have income. An income 
real potential for resale value.      property, such as an apartment    
There are companies that will         building, can be appraised on the 
allow you to park your domain on      basis of its income (as well as   
their servers, advertise that         other factors). Similarly, the    
your name is for sale, and split      gross income, net profits and     
advertising revenue with you.         cashflow of a website have value. 
                                      For example, if someone offered   
The trick is to generate traffic      you $1,000 for your domain name   
for your domain name. That            and website when it was           
traffic in turn will create           generating $10,000 per day in     
revenue. Then, when you go to         profits, you would likely laugh   
sell your domain name, you will       at him.                           
have a few things going for you.                                        



You really can profit from your       your web properties.              
domain name investments by adding     

                              
value and properly developing         






About the Author:

Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years. For further information about domain name profits and other Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/domain-names.html


Read more articles by: Stephen Pope

Article Source: www.iSnare.com


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