Domain Name Newbie Tips
Learn About The Profitable Domain Name Business

Contrary to popular belief, it's never to late to get into the domain name business. Yes, of course it would have been nice to register premium one word domains cush as Cars.com or Homes.com back in the early years, but you can still profit from great keywords domains today.

If you are new to the business, it's a great idea to look at some recent sales of particular areas you may be interested in getting into (real estate, law, travel, etc) You can get an idea at DnJournal.com (check the recent sales)

The key to the domain name business (like most businesses) is to buy low and sell high. There are two ways generally, to turn a profit

1. Buy domains at a very low price or registration fee

You can either register a fresh domain name (usually $8-10, depending on which registrar or you can buy them on aftermarket marketplace such as ebay.)

When buying at a low cost or registering domains, you can do aim for a small profit (usually a few dollars per domain) and try to sell at larger volumes to make consistent profit. Research is the key. Find out recent sales and make sure you have quality, comparable domains to sell. Also, generally, the longer you hold onto a domain, the more valueable it becomes. A name that you buy today for 20-40 can be work 100-200 in as little as one year.

2. End User Sales

This is where the real money is at. What you want to do is get a decent or really good keyword domains (preferably one that many advertisers are paying for on google, such as "new home sales", "real estate listings", etc. Then, you will make a list of advertisers paying for the certain term in your domain name. Make a nice list, and contact each company individually (you can do it by email (be sure not to spam) or by phone. Remember, this is all a number game. If you contact 100 people and this results in a sale of a few thousand dollars, then it is a great profit.

Part 2, Continued: Be sure to Read About The Types Of Domains You Should Be Looking To Buy