Complete Guide To Making Money From Unused Websites
If you still have registered domains, you can put them up for sale to make a profit. A parked domain is a domain that you own but dont use. It would help if you hosted the domain to place content on it. It is necessary to keep a domain alive. Without a hoster, you only have a domain name. Once you have a hosting account, you can create content pages. With AdSense, you can turn these unused domains into money. If you follow the AdSense terms and conditions, you can put AdSense ads on pages of parked domains that are not in use. There are a few essential points to keep in mind. Lets look at this website page to get insight into how to make money from them.
Auction Vs Classified Listing/buy It Now
How you list your domain for sale will determine how much money you make from it. If you’re looking for a quick sale, the auction format will prompt people to act before the auction ends and they lose the chance. However, there is a risk that the sale will only reach $1, rather than $1,000.
For a longer listing that is more likely to attract people who are genuinely interested in the domain, eBay’s Buy It Now and Flippa’s classified listings are more suitable. These listings let you set the price you want, although a sale is less likely.
How To Buy A Domain Name
While flipping a new domain name can be very profitable, domain buying and selling takes some steps to do well. And to do right.
Don’t let terms like domain registrar,domain provider, or other similar terms scare you. We’ll walk you through the step by step on how to locate domain names with potentials, buy the right domain names.
And hopefully make some really good money flipping domain names.
Also Check: How To Find Email Domain And Server
Domain Name Flipping Requires Real Work
While most people think that flipping domain names is a perfect way to make passive income, you’ll quickly discover that the practice involves real work.
You’ll have to put a lot of time in selecting good domain names while simultaneously looking out for prospective buyers to sell names you already have. It’s impossible to make a great profit without putting in a few hours every day.
Once you’ve purchased a domain name, you’ll have to feel out the perfect opportunity to seal the deal.
You’ll need expertise in marketing, research, networking, and negotiation as well.
Five Ways To Monetize Your Domain
Do you have a domain name just sitting there in some rarely used account? You have paid an annual fee for it, so if you do not use it for anything, you will be at a loss. We decided to give you a few ideas how you can monetize your unused domains in case that you do not want to simply let them expire, but you dont want to spend time on building websites either. With some luck, they can earn you a decent amount of money.
Recommended Reading: How Much Does It Cost To Buy A Domain
What Is Domain Name Flipping
Domain names can be extremely lucrative, and companies are willing to pay top dollar for some of the premier names. For example, a domain with a name like sidehustles.com might be worth significantly more than another domain. Typically, shorter domains will be worth much more than longer domains. More on this below!
Domain flipping is the process in which you purchase a domain and sell it for a profit. The price you can sell your domain for is completely arbitrary.
When flipping domain names, youll need to put in the time and effort to succeed. You can check out the video below to learn how this person has made great money flipping domains.
If youre looking for something more lucrative, you might give website flipping a try.
Related: How to Make Money While You Sleep
Claim Your Spot: How To Choose New Domain Names To Buy
The internet has turned us all into digital wizards. Now, almost anyone can make money online if they have the tech-savvy chops to navigate the system and the dedication to learn then take the time to implement what they learn.
From side gigs and freelancing to full-time e-commerce work, there are myriad ways you can turn your laptop into your ATM, and your living room into your office.
Think this kind of earning potential is reserved for computer savants who code or great-looking influencers making millions on advertising spots?
Theres another way to generate substantial passive income from your keyboard: domain names. When you choose new domain names to buy and park, build new websites on or flip for a profit, youre one step closer to achieving this goal.
If youre an experienced domainer, you already know the earning potential that this opportunity holds. Yet, are your names optimized for visibility and sales?
Today, were sharing a few tips on how to purchase ones that can ramp up your income and help you see a return on your investment.
Ready to learn more? Lets dive in!
Recommended Reading: Connect Godaddy To Shopify
Look For Avenues To Sell
You have a strong collection of domains to sell, now where do you find the right buyers?
Investors looking for where to buy and sell domains will discover many platforms, but there are a few things to consider when selecting the best one.
- Figure out the venues reputation. When investing in domain names, it’s absolutely essential that the platform you choose for selling your domain is trusted. There should be guarantees that you get paid to trade domain names and that your buyers actually get the domain they paid for. Use the Better Business Bureau when sizing up trusted bodies. Using trusted venues will give your buyers confidence.
- Size up the distribution network. How many people are using the platform you selected to browse for domain names? Venues like GoDaddy, Flippa, and WebsiteBroker are platforms with a strong distribution network, making them the best places to buy and sell domain names. Read more about a place to buy and sell in this full Flippa review.
- Employ outbound sales. Reach out to people you know who would benefit from your domain names. If you selected domain names that are relevant to your industry as previously suggested, then you won’t find it hard to express the value proposition of the product to a potential buyer.
Outbound sales also include selling your domains to potential investors. This method will most likely end up with you having less profit, as investors are looking buy for cheap then flip domains for profit.
More About Domain Flipping
The domain name industry is quite similar to the real estate industry in a lot of aspects. There are end users, brokers, consultants and domain flippers or domainers. Domain flipping works similarly to buying a house, renovating it and then selling it again at a higher price point.
The gist of it is: youre purchasing a domain name and betting it is worth more than you paid for it.
If youre right, you get a nice paycheck and move on. It isn’t uncommon at all to get several hundred dollars a pop when selling a domain name. The right domain can sell for tens or even hundreds of thousands of dollars or more.
Those who make a living out of this just rinse, repeat, and scale.
You May Like: Transfer Wix To Shopify
Where To Find Ideas For Domain Names To Register
There are several ways to find ideas for good domain names.
For instance, you can:
- Browse domains that are currently selling or have recently been sold at marketplaces and directories such as Sedo, Flippa, and NameBio.
- Look for expired/dropped domain names on websites like ExpiredDomains.net or JustDropped.com.
- Analyze market trends and search queries to find potential domains that are likely to be more valuable in the future.
- Go local. Local domain names have great value for local businesses. For instance: NewYorkPizzaDelivery.com.
Most domainers scour domain marketplaces and directories all day long looking for opportunities to buy an undervalued domain and then resell it. Exploring domain marketplaces is a relatively straightforward process.
Lets go ahead and do a practical walkthrough of something a little more complex: market trends and search query analysis.
Analyzing Market Trends to Identify Opportunities
Where do I start? So I heard about bitcoin and I know its all the craze nowadays. Lets start from there. Ill hop on and type in bitcoin.
Google Trends basically tracks the popularity of search queries over time, its often a goldmine for discovering currently exploding or soon-to-explode topics/terms, etc. So heres what it looks like:
As you can see from the screenshot, it appears that searches for ripple, another cryptocurrency, are quickly growing in popularity. Lets go to the , type in ripple and see what comes up:
Heres what it looks like:
Monetize Expired Domains With Text Link Ads
Another way to monetize expired domains is by selling links. Again, this is perhaps on the controversial side, but it’s a big business. You can sell links on forums or other places, but one of the most established link marketplaces is Text-Link-Ads.
I haven’t sold any links yet, but I’m close to testing this out. I have a site approved on the system and will likely be getting buyers very soon.
Again, this is more of an experiment at this point not sure how far I will take it.
However, the potential is big in selling links on Text Link Ads. A PR 3 site can easily bring in $20 to $30 a month, while a PR 4 site could top $50 a month.
Higher page rank domains will bring in exponentially higher dollars.
Imagine having several hundred PR 3 and 4 domains bringing in $20 to $50 a month not bad!
Now imagine taking a site that has been consistently earning $50 a month via text link ads, and flipping that domain!
If you can pull in 20 times monthly earnings, that’s $1,000 for a $10 investment in the domain. I’ll let you think about the possibilities there for a while.
Maybe flipping these types of monetized sites for 20 times earnings is not as easy, but some decent multiple is certainly doable.
Recommended Reading: Register Domain Privately
Gate Some Of Your Content
Take a page from news publishers and restrict access to some of your content to premium subscribers. You can place a paywall for some of your longer, deeper, and more researched posts like does.
Most of his personal essays are free to read. But if you want to enjoy audio versions of all articles and ânew perspectives and poop jokesâ , you can pay $4 per month for access. Again, you can use MemberStack to bring this functionality to your website.
Domain Parking And Cybersquatting
The underbelly of domain parking is known as cybersquatting. This involves registering a domain using someone elses brand with the intent of profiting from it by selling it to the rightful owner. Typosquatting involves registering domains that contain typos with financial gain in mind. Misspelled domain names and domains that are similar to existing brand names are often misused as parked domains, and owners profit by picking up some of the web traffic of company sites, online stores, or information portals. Selling overpriced brand name domains and typo domains to the relevant rights holders is another example of such misuse.
Register a domain name
You May Like: How Much To Buy A Domain Name
Set Up Affiliate Link Ads
Use these links to get started:
You’ll find a large selection of options with each of these programs, some of which will be adding static ads, whereas others might be the inclusion of multimedia ads on your web space.
Take a look at how to to see how effective affiliate website programs can be.
Make Money With Domains: 5 Easy Investing Steps
Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read my disclaimer for more info.
Flipping domain names for profit is one of the hottest trends in today’s tech-centric world. If you’re planning on investing in domain names, there are crucial things to know.
Online stories about enterprising investors who accumulated considerable wealth through domain name flipping have spread like wildfire. In 2009, online marketplace Quinstreet purchased insure.com’ for a whopping $16 million.
Domain names like business.com’ and hotel.com’ reportedly sold for $7 million and $100 million respectively.
The whole process sounds simple you purchase a bunch of domain names and sit on them hoping they appreciate in value. Once the timing is right, you sell them to the buyer with the highest bid and you’re thousands or even millions of dollars richer.
Sounds easy? Think again.
Wide-eyed investors get drawn to these inspirational stories like moths to a flame, instantly diving in without the education required to back them up and inadvertently losing heaps of cash in the process.
Around 183 million domain names have been registered but remained unused since 2013, with a large chunk hoarded by domain name flippers who plan to resell these domains to potential buyers.
My favorite marketplace to find new opportunities to sell and buy domains is Flippa.
Recommended Reading: How Much Do Domain Names Cost
Are You A Domain Investor Find Out How To Monetize The Domain Names In Your Portfolio With Domain Parking Services While Looking For The Best Buyer
Domain investors acquire and sell domain names with a short-term and a long-term strategy in mind. It might take up to a few years before a premium domain name gets sold. Other domains, such as multi-word, numeric, newsworthy or brand domains, don’t remain in a domain investor’s portfolio for too long.
Another 23 Ways To Monetize Your Website
11. Sell text-link ads Theres still a demand for text-link ads . But please keep in mind that these violate .
To avoid it, simply keep the nofollow tag.
12. Set up Infolinks Infolinks are a great alternative to AdSense advertisements, which are very easy to set up. The downside is that they arent high in converting, and the payouts are also quite small.
13. Use monetization widgets These are also very similar to Google Adsense, so theyre worth trying out as an alternative.
14. Set up RSS feed ads. Exactly what they sound like. Ad space for sale in line with content from an RSS feed.
15. Give away premium content for an extra $$$ If you are producing mind-blowing, awesome content that visitors cant get enough of you can always try asking them to pay for some of it! Bear in mind dont ask people to pay right away. Instead, stay focused on growing an audience and visitors first.
16. Start a private forum or coaching class Most of us have unique skills that others can benefit from. Setting up a simple forum or classes is an easy way to help others and generate recurring income at the same time.
17. Create a job board Setting up a job board on your website is another simple, easy way to collect additional money when people are accepting different job offers from various companies or individuals.
20. Sell or rent internal pages These arent very common, but you might be surprised at what people would be willing to rent or spend money on!
Don’t Miss: Googlemail.com Domain