Making
a good living in buying and selling domain names
Making a good living in buying and selling domain names
Great domain names are becoming increasingly scarce. Close to 23
million ".com" names have been registered, and over 22
thousand are being purchased every day. It means that you're more
likely to win the lottery than find a good domain name.
Owning a domain name that helps to successfully "magnetize"
a flood of traffic is like gold to any online business. But
the increasing scarcity of domain names that are memorable, short
and suggestive have turned them into hot commodities. Look at some
of the recent acquisitions in domain names:
- business.com sold for $7.5 million
- asseenontv.com sold for $5 million
- altavista.com sold for $3.3 million
- loans.com sold for $3 million
- autos.com sold for $2.2 million
- wallstreet.com sold for $1.03 million
- forsalebyowner.com sold for $835,000
- drugs.com sold for $825,000
- cinema.com sold for $700,000
- art.com sold for $450,000
- engineering.org sold for $199,000
- fruits.com sold for $160,000
- perfect.com sold for $94,000
However, while some domains may have been sold for millions, corporate
buyers backed by large bank accounts are not alone in the domain
name game. Even entrepreneurs and speculators are making a good
living in buying and selling domains.
Check to see if YOUR Domain Name is available by typing it into
the search box directly below (choose from .com, .net, .org, .info,
biz and .us domains). There is no charge to check availability of
domains, but if you decide to purchase your domain name now, our
pricing starts at only $7.95 - The lowest price you'll find
for single year registrations! Compare our prices here! or you can
Search the WHOIS database to see who owns any domain! If you want
to transfer to take advantage of our lower prices, transfer your
domain name.
Everyday, domain names are selling for as little as $100 or as
much as $1 million on public auction sites. For example, eBay.com
recently featured actual bids for as little as $500 for "golegs.com"
to as much as $20,000 for "arlington.com" -- and thousands
more hovering anywhere in between.
Some individuals seem to know where to grab these "nuggets
of gold." In fact, a handful know about an untapped goldmine
that lies discreetly tucked away in the dark corners of the Internet.
And the awareness of this source has helped these "lucky"
individuals generate either outrageous fortunes or outrageous levels
of traffic for their website.
The goldmine to which I'm referring is the pool of expired domain
names. While only a few people may be privy to its existence, it
is nonetheless ballooning with every passing day. As much as tens
of thousands of unclaimed, unrenewed and expired domain names become
available on a daily basis.
An expired domain is one that was registered previously but wasn't
paid for in time for the renewal date, thus returning it to the
pool of available domains. There are many reasons for non-renewal
(e.g., the owner forgot, has lost interest in the venture, was no
longer in business, was no longer reachable or just didn't pay for
it for whatever reason).
However, you may be asking, "Sure, but I'm never going to
find good domain names let alone do so before someone else snatches
them up." For a long time, being "lucky" also meant
being alert for the countless domains that become available, and
being swift in registering them before anyone else does.
However, new tools are now available, making the process of searching,
finding and registering great domain names a lot easier. In fact,
some of them also help you to become aware of soon-to-expire domains,
granting you an almost psychical edge over your competitors that
allows you to snap up names just seconds after they're actually
dropped.
Nevertheless, a compelling domain name can help an online business
become more visible, credible and accessible. And it can also help
a person make a fortune. While finding one was very prohibitive,
with the help of tools that are now at your disposal you can be
a part of the gold rush, too.
About the Author Simon Grabowski is
the owner of many online businesses that generate close to a million
dollars in annual online sales. His latest is the BizMint.com,
a unique, sophisticated tool that helps you to explode your online
business by searching and registering from millions of expired and
soon-to-expire domain names. See http://www.bizmint.com/
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