Selling Domains AKA Flipping A Website

Flipping websites can be a fairly easy and potentially profitable way to make some extra money online. This concept is the same as when an investor will buy a house, fix it up and turn around and sell it for a profit, the only difference is that you are doing it all in the virtual world, online. You will first find a domain name for sale, purchase it, put up a simple website and sit back and wait for a few weeks or months, then sell your website for a nice little profit.

While this is a fairly easy concept there is, of course, a little more to it. The first thing you want to do is purchase a desirable domain name. It’s unlikely that if you buy the domain name ‘Sue Jones’ you’re going to get many people who would want to pay for it later.

When deciding on the domain name you want to buy you should do some research to find a hot niche that has a lot of interest. It could be anything from toys for toddlers to designer handbags.

It’s important to find a niche that not only has a lot of traffic but where people are actually making purchases, then you need to do some keyword research to determine which specific words and phrases people are using when they search for products in that niche.

Once you’ve got your domain name, put up a website (a simple blog style will work just fine) add some compelling content then sit back and wait, or you can be a little more proactive and help your site grow more quickly by adding more content more frequently and also by doing some article marketing to get even more traffic. It’s up to you which way you choose to go, one will be easier but take longer and the other will be harder but get results more quickly.

When it comes to selling your website there are several sites online that will walk you through the steps so that you can list your site for sale, one of the best known is Flippa.com – https://flippa.com/sell

It costs around $9 to list your site for sale, and of course there are additional option sthat you can choose that are designed to help you draw more attention to your listing.

Here is a very nice article that provides some simple tips to help get you started:

8 Tips on How to Sell Your Domain Name

While there is no guarantee that it will sell for thousands of dollars, but if you go through the process of researching your keywords, choosing a hot niche for your domain and setting up an attractive listing, you’ve got a good chance of selling your site and making a tidy profit from a domain name that you spent $10 on.

I wanted to provide you with a list of other websites that you can sell domains on. When it comes time to flip your website, take some time and check them out and choose the one that will work best for you:

Warrior Forum – This is one of the most active IM forums online and is definitely full of many potential buyers:  http://www.warriorforum.com

DigitalPoint Forum – This is a very active marketplace for all selling all types of websites, domains and other digital products:

https://marketplace.digitalpoint.com

WebsiteBroker – This is one of the one of the best alternatives to Flippa:

http://www.websitebroker.com

eBay – They have an entire section dedicated to selling websites:

http://www.ebay.com/sch/Websites-Businesses-for-Sale

BuySellWebsite – This is an established site with a listing and appraisal service to help you get a good idea of what your site is worth so that you can list it effectively: http://buysellwebsite.com

Flipping Enterprises – This one is a little different. They are a website brokerage with ready buyers: http://flippingenterprises.com

And finally, consider RightBiz.com for your domain name registrations.

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Domain Names and Search Engine Ranking

Does the length of your website’s domain name registration affect search engine optimization and results?

Should you renew your domain name for a long period of time? And if so, how long is long enough? If you want to stay ahead of your competition, then you might consider looking at the length of time your competitors have registered their domain names. If your competitors have generally renewed their domain names for one or two years, you might consider registering your domain name for 5 or 10 years. While putting off your domain name’s expiration date might help your search engine rankings, keep in mind that this may be only a small victory when it comes to search engine rankings.

Its good business sense to register a domain for at least 10 years. You don’t want to deal with the annual process of renewing them every year. It’s best to obtain the domain names that you want to keep for a while and renew then on a 5 to 10 year plan.

If your domain name expires, there’s a good chance that someone will register your domain name immediately after it expires. If, for whatever reason, you don’t renew your domain name, someone watching a ‘watch list’ of expiring domain names will try to capitalize on the online business that you’ve built over the years. They know that there is potential website traffic they can have simply by renewing your old domain name. By renewing your domain name for several years, your domain name won’t expire for a while, and it won’t be opened up to expired domain name buyers.

If you really want to stay ahead of the competition, you might consider registering or renewing your domain name for 100 years. Currently, Network Solutions (www.netsol.com) is the only registrar I know of that is offering the 100 year option, which costs $999.00. RightBiz Enterprises ( www.RightBiz.com ), currently offers to renew or register a domain name for 10 years.

Yes, you can lose critical positioning in the search engines if you don’t reregister your domain name in time. You may have to start the SEO process all over again!

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The Mystery behind Domain Names

There are over 115 million .COM domains registered. That’s a lot of domain names out on the Internet that are either already taken or just parked in some obsolete spot gathering dust and all kinds of age. The most common names like loser.com. Jamesbrown.com are already taken by net investors who resell the rights to the names. Can you imagine someone having www.elvis.com ? He’s just waiting on the highest bidder!

There are 900 possible combinations for two letter sequences. If you’re looking for “ET” then you just won’t find it!  Even allowing for digits, again every single web address is taken. Of course, that’s ignoring the fact that .COM registrars now mandate a 3-character minimum length, so it wouldn’t be an option.

Many of the three-letter sequences are taken. Adding digits to a domain name creates a number of garbage domain entries. If you’re dying to acquire great domains and unique domain names, they’ll free up sometimes only to be auctioned off through unique domain name sales.

The longer the domain name that you choose, the more that the possibilities are that it could be available presuming that you’re willing to accept an arbitrary sequence of letters and/or digits. For example, most organizations have 4 letter acronyms (WQAM.com and AFTA.org so you may have a chance using over 4 letters to get the domain name that you want in acronym style!

Of course many of the registered domains are ever, visited, with a huge percentage having nothing more than a “parked page” (users pay domain registrars to put up ads for themselves on these type of parked pages). There are so many combinations and back door tricks to domain name cataloging and classification until the possibilities are endless.

The rule is to obtain a domain name that closely resembles your business or you are about, which gives you an identity and brand on the internet.

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Identify With Your Domain Name

Use common sense when choosing a domain name because your domain name, or URL, can have an impact in both the online and offline marketing of your web-site. Long or difficult to spell domain names can make people ignore your web site and it has to be pretty good for them to stick with it (for an example, go to www.thedolphinsmakemecry.com website.  Short domain names register better with people’s memory and are easy to remember.

Obtain a domain name that will help you in your marketing niche and strategy. Like I stated before, you can use your business name as your URL. If your business name is already taken by someone else then get a URL name close to what you are doing. Purchasing a business name domain name isn’t the only way to go, and when a keyword domain name could do just fine.

If you plan on using the .net extension, you may want to wait on deciding your name until after you have found an available domain name that is suitable to your type of business. If you follow the steps below, you should be okay in identifying your name brand to the internet community.

Structure Your Brand Name – Put your domain name on your letterhead, business card, printed materials; put it on your phone recording, the side of your car; don’t forget to include it with your email.

Keep it Short & Memorable – Don’t get a URL that uses all 26 letters of the alphabet.

Secure a .com URL – I strongly recommend purchasing a .com domain name as opposed to a .net, .info, .biz or anything else. If your chosen domain name is not available in a .com, keep looking until you find one that isn’t taken. There is nothing wrong with the other extensions but when you have a .com extension, it sounds like you’ve been on the net a long time.

Remember, your domain name is an extension of your business and your brand of product or service.

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What Is A Domain Name?

A domain is a name that identifies IP addresses on the internet. The domain name Yahoo.com represents about fifteen (15)  IP addresses. Domain names are used to identify Web pages. For example, in the URL http://www.rightbiz.com/index.php, the domain name is rightbiz.com .

You register a domain name by registering with a domain name services registrar. The domain name industry is regulated and overseen by ICANN, which is an organization responsible for providing standards and procedures for certifying companies as domain name registrars.

Domain name registration has grown over the years. Network Solutions was the first domain name registrar to ever provide such a service. That was over ten years ago but today there are many accredited registrars. Only a domain name registrar is permitted to access and modify the master database domains that are on InterNIC servers. The fee is determined by the registrar as far as getting a domain name and some registers have special domain name packages.

Do You Really Need a Domain Name?

You use a domain name to create an identity on the World Wide Web and domain names can also be used for branding purposes, such as Wal-Mart, K-Mart, etc.  In picking a domain name, the title shouldn’t stray far from what your company is all about. This will allow you to market your web-site as a subsidiary of your business and put your domain name on business cards and advertisements.

Once you select a domain name, you must register it with a domain name registrar. This is a task you can do easily.  Many ISPs offer a complete package that includes hosting and the registering of the domain name for you. Fees probably will include a one time set-up fee for all of the backend technical work that needs to be accomplished. Then pay your service provider a monthly, semi-annual or annual fee for Web site hosting services.

Many domain registrar services have competent online tools to help you get your domain name and hosting site up and running, such as you’ll find at www.RightBiz.com .

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