How To Sell Domain Names For Profit

Tips To Sell Domain Names

How Do I Know If My Domain Name Is Valuable

Domains that include highly searched keywords are typically the most valuable. Domains that end in .com are valued considerably higher than those with other extensions. Short domains tend to resell for more than long domains. You can use tools like GoDaddys domain value appraiser to get an idea of what your domain might be worth.

How Much Is Your Domain Worth

Before you can run off to list your domain for sale, for thousands or millions of dollars.

Itâs good practice to assess itâs worth.

This could mean having a winner on your hands that everyone wants or being ignored for being too greedy.

And the best way to do this is by checking recent sales of similar domains.

To help you with this, you can use estibot, but I prefer GoDaddyâs domain appraisal tool.

Now, not only can you use these appraisal tools to find the valuation of domain names you own, but for new ones, youâre about to buy.

But where is the

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Evaluate The Domain Price

If youâve decided on buying a domain name, youâll need to consider if the price is reasonable.

Make sure the domains you want to purchase are reasonably priced. Setting the price, auctioning, and making a bid are the three most popular techniques.

Setting the Price: If you arenât going to sell your domain names right away, you should select a specific price for them.

Auctioning: Use an auction strategy to sell your domain name to the highest bidder.

Making An Offer: If you own a niche domain, you can make deals with potential customers interested in purchasing it.

Why Domain Value Tools Are Wrong

The worst tools out there are the domain value tools.

These estimate the domain valuation of your domain name using keywords and some equation that never gets released to the public.

These are generally offered from anyone who sells domain names like GoDaddy.

The trouble is these tools are almost always completely wrong.

For one thing, youll find that even ridiculous domain names will often be evaluated by these tools as being worth several hundred dollars.

This brings up a really interesting common-sense question…

If all these domain names youre buying are worth hundreds of dollars, why are they all available for $15 a year? Or less, depending on the sale price.

A domain name is worth what someone will pay for it. Period.

These companies have a financial interest in claiming high values, but its like the old baseball card guides that said all common cards were worth a nickel.

Except that no one ever wanted the common cards, so in reality, they werent worth anything.

Dont trust these tools at all. They dont even work for general guidance.

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Make Your Domains Visible To The Public

There are many sites where you can list domains for sale to the general public. But first, think about the following: Is the location reputable and well-known? You should feel secure knowing that you will be billed and that the buyer will obtain the domain name for which he has paid.

The buyer would easily click the button to purchase the domain and trust the domain seller’s brand.

When selling domains, it’s critical to establish visitor confidence in your brand. Is the distribution network well-established?

A crucial factor is the ability to get the domain name in front of the right buyer. List your domain with a well-known distribution network to ensure that it is seen by millions of potential buyers every month.

Identify the users who will profit from the domain name. Make contact with them to see if they’d like to use the domain. If you work in a specific domain niche, you should know how to present your domain name’s value proposition to a prospective buyer.

Sending spam emails is not a good idea. Instead, talk to people you meet who would appreciate the opportunity to own the domain.

Selling a great domain name for a profit rather than putting it in front of a potential buyer is akin to discovering a pirate treasure map and framing it to maximize the charm of your living room rather than pursuing it to locate the treasure.

Funds Needed To Do Business

When purchasing domains for resale, there will certainly constantly be an understanding arc. Ask many concerns of those who have taken the first step, join online forum conversations, stay on top of market advancements, and call our helpful staff for additional details.

Attend seminars to obtain proficiency and meet other specialists in your area swiftly. You will also feel the devices and companies offered to you coming from several niche providers.

These aspects will certainly assist you in creating additional enlightened assets and getting the most out of your opportunity and resources.

Some domain aftermarket locations you would certainly want

Flippa Marketplace.

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Quick And Easy Tips For Buying And Selling Domain Names For Profit

Thinking about buying and selling domain names for profit? It can be such an exciting process! Youve probably heard stories about domains that were purchased 30 years ago for maybe $100 and is now being sold today for millions. Sounds amazing, but is it really as low odds as winning the lottery? Or is it easier than that? If you want to get in on the action of what it takes to make money buying and selling domains, youve come to the right place.

Here we go over some tried and true tips you need to help you start making some money in this digital world. Lets get started.

How To Buy And Sell Domain Names Part Time For Profit

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Buying domain names can be the best investment you can have without the risk of losing money. Generally, most people buy domain names for their own brand or business and then finish off there. Many are not fully aware of the business of buying and selling domain names and how to make profit through doing so.

In this article, we will explain how to buy and sell domain names part time for profit. We will guide you through the benefits of buying and selling domain names, and take you through the exact steps to earn part time income or even full time income from it. Before we go into that, if youre not sure what domain name is, then you can go through our article on What does Domain name mean? to give yourself a heads start.

Contents

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Registering Or Squatting Domains Is Not Unethical

Another point of concern is that many people feel that squatting or registering domains is unethical. This is because many web developers have a hard time finding relevant domain names for their projects since most of them have already been registered. Many corporate giants also frown upon the domain flipping industry because many domain names relevant to them are already registered.

However, domain flipping is legal because buying domain names has been a legal practice ever since the internet came into being in the 90s. Treat domain names as real estate property sold in the offline world.

How To Sell Domains

Domain flipping is somewhat of a numbers game. Some of the domains you purchase may never sell, so you need to make enough money on those you do sell to recoup your total investment expenses while leaving plenty of margin left over to make money.

The most successful domain flippers list their domains on various marketplaces to maximize their chances of finding the right buyers. In an ideal situation, youll get multiple buyers competing for your domains so that theyll drive sales prices up.

Afternic is a full-service domain marketplace where you can buy and sell domains.

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Is Domain Flipping Risky

As with any business, there is some slight risk to domain flipping. But heres the good news: your losses can be extremely small. Because a domain name only costs roughly $10 annually, thats the amount you can lose.

With that said, if you end up purchasing hundreds of domain names, those annual renewal costs can become costly so youll want to ensure you have a plan for each domain.

Dome name flipping can be as risky as you make it.

Consider Com Domain Extensions Only

You should buy .COM TLD as this is ideal for most businesses. If you are having a business online, most of the time your customers would assume that you are using a .COM domain, not any other extensions.

So most businesses would love buying .COM domains only. More than 48% of all domains that were sold last year were .COM domains.

You can even purchase several extensions and redirect them to .COM version using 301 redirect. But if you want to sell in a particular country only, consider country-specific domains like CO.UK for UK and CO.IN for India.

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Buying And Selling Domain Names

There are many different ways to buy and sell domain names. Many standard domain registrars, such as GoDaddy.com, will facilitate sales via auction. Meanwhile, specialized websites, such as Sedo, are designed exclusively to buy and sell domain names. Finally, parking domains with a for sale page is a great way to draw targeted interest from potential buyers.

Double Check Domain Availability

Ok, now you have a little bit more understanding about where to start. Youve narrowed down some domain names you think would be beneficial and youre ready to potentially buy. But how do you find them?

Youll first want to make sure that the domains you want arent already taken. Here at Name Experts, we can help you with this entire process. If the names are taken, which is common, you can check the aftermarket to either buy from people who own them, or rebuy domain names that are expired.

There are lots of places you can go to check availability. Let us help you narrow your search and make sure youre on the right track.

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How To Buy And Sell Domain Names For A Profit In 2021

Home » Blog » How-to » How to Buy and Sell Domain Names for a Profit in 2021

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Im sure the idea has at least crossed the mind of anyone who has bought a domain. Should I buy a good domain and make money off it? Well, here is everything you need to know about how to both buy and sell domain names.

Domains With Similar Names Can Be Sold For A Profit

Now here is something you need to understand when it comes to flipping domains successfully just because someone spends an enormous amount of money on a domain name does not necessarily mean they will throw big bucks to get a similar name too. Never base your domain flipping strategy on such assumptions because that rarely ever happens.

Every domain name piques the interest of the buyer due to a unique reason and the sale that follows is just as unique as the reason why the buyer wants to spend a huge sum of money on that particular domain name.

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How To Sell A Domain Name For Profit Step By Step

Wondering how to sell a domain name profitably?

Its not as hard as you think. You just need to have the right process in place and exercise some patience.

Heres the problem:

Many people undervalue their domain and sell it for far less than its actually worth. Just because they have no idea:

• How to value their domain correctly.
• How to get a good price for it.

Selling your domain name doesnt have to be difficult.

Im going to show you how to sell a domain name and make sure that you get a good price step by step.

What Will I Learn?

How To Buy Domain Names

How to Register Domain? | Create your Domain

The first thing you need to understand is how to get a domain registered. Back in the day, .com and .net were extremely popular as extensions. If you got in early and purchased some domains, you are sitting on a pile of cash because some of these domain names are worth a lot today.

Go to websites like Domain.com and GoDaddy.com. Search for the keywords or the exact name you want your domain to be. This search tells you whether the domain name is available or not. In case the domain name is available, you have the option of adding it to the shopping cart. If you plan to purchase the domain, you need to see for how long do you want to register. This time is generally in years. You also get the option of purchasing add-ons like domain privacy.

Best Domain Names Registrar

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How To Sell A Domain Name For Profit

CEO of VPN.com. We help brands, entrepreneurs, politicians and athletes acquire premium domain names for their vision.

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The first step in selling a domain name is owning a valuable domain. You might pick up great domain names at less than their market value at an auction, or you may have old domain names that have no more use for you. Alternatively, you might seek out premium domain nameswith the hope of making five-, six- or even seven-figure profits. Either way, you’ll only be able to make the sale if you own a domain name that someone, somewhere wants to own.

Own Domain Names That Offer Real Value

Understanding the value that a domain name has is one of the keys to evaluating it properly and giving yourself a shot at making a sale. While putting a value on domain names can be difficult, you can use the concept of brandability as a guiding light. In short, how easy is it for a company to use in their marketing? How memorable is it? Is the name simple for customers to type into a search bar if they only read it once or briefly hear it? An otherwise perfect domain name might become worthless if there’s a spelling problem that results in potential visitors forgetting it.

If your domain names are good, then you can hold onto them and make a sale in time. However, the opposite is also true there are millions of domain names that no one would pay anything for, and you should admit it to yourself if your domains fall into this category.

Set Realistic Goals