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How to Earn Money With Domain Flipping

Updated on July 12, 2010

How to Earn Money With Domain Flipping

For many people, buying and selling domain names is a way to make money online. A quite of bit of money is made by people when they flip domain names. In order to make online money with this method, you have to do more than just buy a domain name and quickly sell it. You have to do some work in order to make any money from this activity. Don't think that you can make money online without doing at least a little amount of work. These few hints can make it easier for you to sell domain names and make money online.

Buy at a discount and sell at a higher price. Purchase domains when they are on sale. Many of the major domain name registrar services will have sales and promotions to allow you to buy domain names at discounted prices. Make sure to take advantage of these benefits. Then, at the very least you will earn a profit even if you sell the domain name at retail price. The cheaper you buy, the more profit you will make. Of course, be wary of registrars trying to sell domains at very low prices. Make absolutely certain that you are buying from a legitimate service! You should set up a domain portfolio if you have more than one for sale. Using a portfolio, it will be easier to professionally market all the domains you have for sale. You can supply any number of potential customers with the statistics of your domains using a portfolio. This way you will be able to build a professional reputation because you will appear as a legitimate seller. The size of your portfolio is unimportant. Simply a list of the domains you have for sale and an appraisal of their value is sufficient. Of course, if you provide more information about your domains, you will find it much easier to sell them.

One way to make sure you earn a decent profit on selling domains is by getting in touch with large businesses or very respected buyers. If you have a domain that will fit a company perfectly, then this is an even better idea. You can still try this idea despite the fact that you may have only a few generic domains that are suitable for a wide range of companies.

Don't send a letter that is not professional. You need to express more that "hey, do you want to buy this domain?" Your letter must convey that you are a complete professional.

Domain name flipping is a perfectly legitimate way to earn money online. In fact, flipping domain names is so easy that some internet marketers do it in their free just to make extra cash. You can make a nice piece of change by buying and selling domain names if you don't mind putting in some extra work. You can do this activity by approaching it in many different ways. You'll get more out of it if you put more work into it.


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