Did you know there is a massive industry in trading domain names! A domain costs less than $10 and can be sold for lot more. How much... well it depends! From a few hundred, a couple of thousands and even millions!
HomeInsurance,com sold for $8.1 million....!
One of the most popular ways to make money with domains is with what is called in the Domaining industry: geo domains. These are geographical based domains. Often they are linked to a service such as a plumber, electrician, beautician, mechanic...
for example: NewYorkPlumbet,com LosAngelesGardener,com
These can be extremely valuable domains. For they can help a local business be ranked in the search engines and build credibility. Imagine if you lived in Los Angeles and we’re looking for a gardener..... what would you type into google..... Los Angeles Gardener..... This is a much better and sought after domains than say Bobsgardening,com (for this reference I do not know if any of these domains are registered and I’m using them as examples only, with no reference to specific people.) in the next post I will share with more or how you can monetise these domains easily.
In this interview, one of the great domain traders talks about his $500Million domain portfolio..... yes that half a Billion dollars of value in domains!
Did he spend that amount to obtain them.... no.
Are they worth this much.... who knows?!
I would bet though this great domain trader who has been building his domain portfolio since the 1990s has a good guestimate at its value.....
He talks about how his portfolio will be his legacy, for when he dies they will be sold, and the money will be used in a foundation he has set up.... and will make a positive difference in the world.... for now.... he enjoys owning these domains.... and of course selling them!
In the next post i will share where you can listen to this great interview.
New domain extensions get released every year. How useful would it be to know when they are being released so you could be first in line for the domain extension you want.
For example.... dotdealer was released in 2020 .... imagine if you had invested in car.dealer ..... that would be very lucrative opportunity.... in the next post i will share with you the link to the website that will give you the exact date and time when these new domain extensions will be released. Car.Rent is currently listed for sale at $65,000 :-) DotComs maybe kind of the domain world, but some of these new extensions sure are making some headway.
There are lots of companies that you can register domain names with. Which one do you choose though....? A lot of the time they have different promotions on prices. Depending on how many domains you are going to buy in a year will depend on how price sensitive you are when investing.
$12 to $7 is usually the price range for a domain.
Now you might think $5 is the difference between the cost of domains between registrars which is a tiny amount. However if you have 1000 domains registered that is equivalent of $5000 per year. The place i use to determine the domain registrar with the best offer is: https://tld-list.com here you will find the best price and offers registars have, plus the renewal price.... this is important unless you are going to sell the domain name super fast! Enjoy, have fun domain trading! xxxx
Its great to see a 2 word domain name SelfMade,com being sold this month for $977,000 through Godaddy...... Whilst a .io sold for $175,000 Metaverse,com Here are Some top selling domain names for March 2021.... https://www.dnjournal.com/archive/domainsales/2021/20210331.htm?fbclid=IwAR0sSJrgCG86K2-nzI1AKAmg3TOgVOXOI6sMHf-np_3elr0133RohQ3QN80
So if you want to sell domain names with a hands off approach,
i recommend the number 1 website for easily trading domain names is www.afternic.com It is super easy easy to list.
You have options to set your price as a buy now, open for offers and even send it to auction.
If you have your domains registered with Godaddy it is even easier to list through your Godaddy account, as Godaddy owns Afternic..... make sure you list your domain name under the correct category so its easy to find and voila, let it be sold!
Enjoy!Happy domain trading. xxx
If you want to know the number 1 place to promote your domain name, then I’ll tell you in the next post for those that wish to subscribe to the next post. Hands off easy sales....
How much do you think BlackCrows.com sold for...?
$30,000...... amazing! Where else can you invest less than $10 and get that level of return! Amazing hey.....