Why a Domainer
A domainer is someone who buys and sells domain names for a profit. Buying and reselling domain names can be a lucrative revenue stream for those who would like to work from home. Think of buying a specific domain name as an investment. The value of the domain is all about the name.
The trick to making a profit flipping domains is to buy low and sell high. You can either acquire new domains or existing domains.
Domainers that buy old domains and resell them usually use automated applications allowing them to enter in certain criteria to help them search quickly. For example you can do a search on the WHOIS server and filter your results by keywords, search volume on those keywords and so on.
Choosing a keyword rich domain name with high search volume and low competition is important as Google will rank these websites quickly for that particular keyword. The more valuable the keywords the more valuable the domain name will be.
If you want to buy new domain names you will need to do a little keyword research There are plenty of free keyword research tools out there that you can use to find profitable keywords that have high search volume and low competition. This is very easy to do as the internet is an untapped gold mine! Choosing the right keywords is essential to the value of the domain name.
If you think you have found an excellent keyword phrase for your domain and the name is already taken don’t worry, you can easily add on one extra word to either the front of the name or to the end. For example, you want the keyword “chicken coop plans” but it is already taken. You can simply add on the word “easy” creating the name “easy chicken coop plans”. I have not yet had a problem using this technique to get a domain name with the keywords that I want.
Try not to get to attached to your domain names. Sometimes we buy a domain name and want to hold onto it just because we like the name. When a bid comes in for your favorite domain name go ahead and sell it.
Getting into domaining requires a small amount of money. Each domain name will cost you around $10. As you build up your capital you will be able to build your domain portfolio.
You can optimize your parked domains for profit until a bid comes in that you are satisfied with. Adding content and advertising directly to your parked domain will not cost you any money. In the mean time as people land on your page you can make a little extra income if they click on the advertisements.
So why a domainer?
-Being able to work from home or create extra income
-Setting your own hours
-Buying a domain name will cost you under $10. You can then resell it for several hundred. Quite a profit!
-Parked domains waiting to be sold and containing pay-per-click adds will generate profit
The key to success is keeping up on industry news. Keep your self educated by learning from the success and failures of others. Look for forums with an active group of domainers that often share their success and failures. You will learn a lot this way.
If you are willing to do the research, planning and investing you can make a great deal of money.
Keep in mind that no one article can cover even the basics of this topic. I recommend that you keep informed of domain investing information as you would do in any career.
