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Domain Discussion
Domain Beginners and Newbies
Five Reasons Why Domain Names Are The Best Investments
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<blockquote data-quote="Domain Author" data-source="post: 2217212" data-attributes="member: 322823285"><p>Having been into the domain business for quite some time now, here are some good reasons why domain flipping business is one of the best investments ever:</p><p></p><p>1) There is very little investment involved. You just need some $100 as an ideal investment to start your domain business. If $100 is too much, you may start off with as little as $7-$10 which is the registration fee for a .COM domain name. </p><p></p><p>2) The registration process is extremely simple and even a newbie can start-off very easily. There are no documents to be submitted. Just find a good name and buy it. You have at least one year to find a buyer for your domain.</p><p></p><p>3) The ROI or Return-on-Investment is huge. You may be amazed to know that even hand-registered domains which cost as little as $10 sometimes sell for mid $XXXX range. That is like 500 times the cost price. Even if you sell it for $100, it is 10 times the cost price. In most of the businesses, even 50 percent profit is a big figure whereas in Domain business, 50 times is also possible. </p><p></p><p>4) There is plenty of information available online for free, to study the business model, do your research and then enter the industry. There are plenty of free online tools that can be used to grab the best domains possible. There are some good interviews and case studies to learn from, all available for free.</p><p> </p><p>5) You may make some instant cash by flipping some good hand-registered brandable names on forums. It will take minutes before someone will make an offer or bid on your listings if the name is really appealing. However, our aim is to find end-users for the domains because they are the people who would pay the true price for your domain.</p><p></p><p>Hence, there are ample opportunities for making money in the Domain Flipping business provided that you do your research properly and understand the art of buying and selling.</p><p>In short, domain flipping is an art that can only be developed by experience. It is about knowing what to buy, when to buy, who to sell your domains to and, when and at what price should you sell them!!</p></blockquote><p></p>
[QUOTE="Domain Author, post: 2217212, member: 322823285"] Having been into the domain business for quite some time now, here are some good reasons why domain flipping business is one of the best investments ever: 1) There is very little investment involved. You just need some $100 as an ideal investment to start your domain business. If $100 is too much, you may start off with as little as $7-$10 which is the registration fee for a .COM domain name. 2) The registration process is extremely simple and even a newbie can start-off very easily. There are no documents to be submitted. Just find a good name and buy it. You have at least one year to find a buyer for your domain. 3) The ROI or Return-on-Investment is huge. You may be amazed to know that even hand-registered domains which cost as little as $10 sometimes sell for mid $XXXX range. That is like 500 times the cost price. Even if you sell it for $100, it is 10 times the cost price. In most of the businesses, even 50 percent profit is a big figure whereas in Domain business, 50 times is also possible. 4) There is plenty of information available online for free, to study the business model, do your research and then enter the industry. There are plenty of free online tools that can be used to grab the best domains possible. There are some good interviews and case studies to learn from, all available for free. 5) You may make some instant cash by flipping some good hand-registered brandable names on forums. It will take minutes before someone will make an offer or bid on your listings if the name is really appealing. However, our aim is to find end-users for the domains because they are the people who would pay the true price for your domain. Hence, there are ample opportunities for making money in the Domain Flipping business provided that you do your research properly and understand the art of buying and selling. In short, domain flipping is an art that can only be developed by experience. It is about knowing what to buy, when to buy, who to sell your domains to and, when and at what price should you sell them!! [/QUOTE]
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