Last month, I talked about buying websites for profit and SEO ranking. Of course, you could overdo it and end up with too many blogs. Well, what about investing in domains. I’m talking about domains with no websites attached.
Aviva Directory is a general purpose site with some interesting content. One article, how to get started as a domainer, gives some suggestions on how you can get into domaining, what tools to use, how to pay for it all, and how to make money at it.
The primary difference between blogging and domaining is that the latter does not require as much investment in time, and can be automated to a degree. Domaining can earn you a lot of money, if you do the necessary domain name research, and there are a number of strategies for doing so. Some strategies are getting a bit dated, replaced with newer methods. A few methods:
- Free parking, which brings in contextual ad revenue, split with the parking host. Under this strategy you might only make a few cents per day, but if you have hundreds of domains, you could earn a few hundred dollars or more per month.
- Automated bulk buying, which amounts to buying hundreds of “interesting” domain names and then selling the lot for a small profit per domain.
- Flipping, which is usually done with domains that have been around for a while. You buy it on speculation, thinking that in the near future, it’ll command more than you paid for it.
- Traffic gathering. If you have a weblog or site that covers a general topic, you would have a number of domains whose names would have keywords relating to your site’s topic. Each domain would redirect to the main site. This way, you probably have to rely on type-in traffic.
I’ve only very recently started into domaining and it’s yet to make me a cent – but only because I really haven’t put in the time. If you’re interested, the potential profit can be more than the average blogger might make. Check out the Aviva Directory article for a list of tools, tips and resources. If you’ve been domaining, do you have any tips you can add?