How To Really Profit from Domain Names

Have you heard about domain names that sold for over a million dollars? Inspired by this, you imagine registering a great domain name, hanging onto it for a while, and then selling it off to become the next multi-millionaire. It could happen, but don`t count on it!

First of all, many of the truly great domain names are already taken. Second, the dot com bust took some of the wind out of inflated domain name prices. (If you sell your domain name for millions of dollars worth of stock in a publicly traded dot com flop, what is the name really worth?)

The cybersquatter buys domain names totally on speculation. Sometimes he will register names of famous brands, companies, or individuals. Time and again, these domain name speculators learn the hard way that they must respect intellectual property rights. They hope that some large corporation will pay big bucks to them for the use of thecompany`s own (already trademarked) name. Instead, they end up with threatening letters from a law firm for their attempts at extortion.

However, you can still make money from domain names if you are sensible in your approach. Here are some suggestions on ways to profit.

1. Affiliate Programs: Use your domain name to promote an appropriate affiliate program. Either redirect to the affiliate site or write a review that links to them.

2. Informational Sites: Create content and then profit from it by earning advertising revenue through GoogleAdSense or a similar program.

3. Redirect to Your Own Site: Some reasons you might want to do this include preventing competitors from using aparticular domain name and benefiting from searches some users perform by domain name. (For example, if they wanted to order flowers, they might just type "flowers.com" in their web browser. You could get some traffic and sales this way.)

4. Product Sites: Create your own or sell someone else`s product appropriate to your domain name.

5. Park Your Domain Names: You might feel that your name has real potential for resale value. There are companies that will allow you to park your domain on their servers, advertise that your name is for sale, and split advertising revenue with you.

The trick is to generate traffic for your domain name. Thattraffic in turn will create revenue. Then, when you go to sell your domain name, you will have a few things going for you.

First, you will have a fully developed website. A fullyconstructed building on a piece of land increases the value of the real estate property. Similarly, thevalue of your domain name is enhanced by a complete andoperating website.

Second, you have traffic. Just as a shopping mall with no traffic results in no sales, so a website must have traffic to generate income.

Third, you have income. An income property, such as an apartment building, can be appraised on the basis of itsincome (as well as other factors). Similarly, the gross income, net profits and cashflow of a website have value. For example, if someone offered you $1,000 for your domain name and website when it was generating $10,000 per day in profits, you would likely laugh at him.

You really can profit from your domain name investments by adding value and properly developing your web properties.

For further information about profiting from domain names,visit http://www.yenommarketinginc.com/domain-names.html

RESOURCE BOX:

J. Stephen Pope, President of Pope Consulting Inc., http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty-five years.

For valuable Work at Home Small Business Ideas, visit: http://www.yenommarketinginc.com/

USA TODAY

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Hawaii Reporter

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U. buys .xxx domain names in preventative move The Brown Daily Herald By Meia Geddes The University bought two domain names to avoid association with adult content, but brownuniversity.xxx had already been purchased. Students surfing the Internet for adult content will not find it on brownu.xxx or brownuniv.xxx — the ... and more »

Brazilian Government Ordering Web Hosting Firms To Kill Domain Names They Don ... Techdirt The Brazilian request was apparently a rather large request hitting on a bunch of different domain names, many of which were not .br domains, but some of which implied activity that was illegal -- and so Sedo had no problem taking those down.

Hawaii Reporter

University of Hawaii urges state lawmakers to deter fraudulent use of domain names The Republic Greenwood's written testimony asks the committee to consider amending the bill to include fraudulent use of Internet domain names. She explains that UH has been victimized by unknown attackers who have been maliciously using the domain name to ... University of Hawaii Threatens Lawsuit Over .XXX Porn SiteAVN News (press release) all 5 news articles »

UC Berkeley spends $1300 to purchase x-rated domain names Daily Californian By Chloe Hunt UC Berkeley may be known for its academics, athletics and the occasional protest, but the campus administration has paid about $1300 thus far to stop pornographic websites from buying .xxx domain names associated with the campus.

Oversee.net Sells Internet Businesses to European Firm Los Angeles Business Journal KeyDrive, which did not disclose terms of the deal, said the acquisition of Moniker and SnapNames fit its global expansion strategy and will provide European clients with better access to US buyers and sellers of domain names. 6 questions about DOMAINfest answeredDomain Name Wire KeyDrive Acquires Moniker and SnapNamesBusiness Wire (press release) So When Is Oversee Going To Let Customers Of Moniker/SnapNames.com Know They ...TheDomains.com all 15 news articles »