Earning money selling domain names

Malaysia
October 18, 2011 11:46am CST
Has anyone tried this before? Buy domain names and then put it up for sale. I was thinking that this method does not require any article writing, setting up website, buying ads. It could be easy as you just have to buy a nice name and sell it on sedo, or any domain selling site. I wanna try this method but I am afraid of the risk. USD is 3 times my country currency. So a domain name would cost 30 MYR for my country. Anyone done this method successfully? I need some advice.
8 responses
@varier (5699)
• Indonesia
18 Oct 11
I haven't tried this method yet. Because I am not an invest-type person. I still can't afford to lose my investment, haha. By the way, I am just curious, where to find good domain names that are still available for registration? Aren't all the good domains being taken already? Seems like it isn't that easy way to earn money..
19 Oct 11
The process is a little longer these days: you pick up a reasonably good domain name then work on it for a few months to build traffic and PR. Once it's hit a reasonable point, you resell it to someone in the appropriate niche - it saves them building up initial traffic and reputation. "Domain flipping" they call it.
@varier (5699)
• Indonesia
19 Oct 11
Then, it's sounds more like "selling website" instead of "selling domain"! I thought that all we have to do is just buy a domain and then re-sell it..
@gigalord (261)
• Romania
18 Oct 11
Nope, I haven't done domain flipping yet, but it is one of the easiest methods to make some money and also to lose money of you don't know what you're doing. You can generate a lot of money by going offline. By this I mean buying the exact match domain names for the businesses in your area (they are usually available), and then contacting the business owners to sell your domains. Many offline marketers earn easily hundreds of dollars profit from a single domain name with only a few dollars of investment needed to register the domain. The problem with flipping domains online is that most brandable and valuable domains are already registered, so you'd need to buy an aged domain which can cost even a few thousands of $$$, and as already mentioned, you can lose your money if you can't sell them for a profit.
• Malaysia
18 Oct 11
Ok I got it. It to risky to start earning money on the net with this method. Maybe I am just inexperience. I can't build a website and sell in cause I have no idea what website to create. I guess I will start off with something small, like mylot.
6 Dec 11
Selling a domain does not require article writing. You can buy it from anywhere and place it for sale free at sedo. If someone is interested, he will contact you. There are lots of other free forums where you can sell it to individuals or companies. All the best.
@anooppp3 (96)
19 Oct 11
Reselling domain names are best to make money, but i am not tried this yet. I think this is a risky job and we need more knowledge about domain names and their popularity. We can only win this business if we have enough investment and marketing knowledge.
@BeetleBam (171)
• United States
19 Oct 11
It's risky considering that many names can be expensive and hard to unload. When looking for domains consider how valuable you think it would be to a potential buyer, not just the price. Be prepared to hold them for a while as they ight not sell very fast.
@etavasi (739)
• Malaysia
19 Oct 11
This method sound nice, all we need to do is find new and cool domain name suitable for some business. Maybe you can try look around your place and see some company that just about to build their shop or building then you buy domain names before they get it. Some problem for this method I think you need to purchase many domain that same name but has different dot like .my .net. com .org .info and more.
• Bulgaria
18 Oct 11
I think you will have bettet luck buying cheap things from ebay and reselling them :D ITs the same as buying and selling domain names but with ebay you have more options :D I have a friend that made about 100$ in no time reselling 3d glasses :D
18 Oct 11
i think u can earn some, but depend on few qualities like the name of the domain. anyway, just give it a try, nothing wrong in trying!!