what is the best way to be millionaire with domains

[3ammary]

what is suggestions to do with domains to be rich in 1 year?

 

[mjnels]

lol... change your way of thinking for one.

 

[Fornit]

Get 500.000$ credit and buy nice names from resellers and then wait 1 year and sell it all to big player like greatdomains.com for 1.500.000!

 

[GeorgeK]

Start with $2 million, and wait.

 

[Auction]

Start with $2 million, and wait.

I think you're on to something. Would starting with $3 million increase or decrease the odds of becoming a millionaire?

 

[maroulis]

Start with $2 million, and wait.

you beat me to it George - great answer LOL

 

[Vorty]

what is suggestions to do with domains to be rich in 1 year?

Develop a domain into something that everyone can use, like youtube

Good luck!

 

[mvl]

Buy a portfolio with steady revenue of $100K a month for 48 months of revenue.
After a year, sell the portfolio with steady revenue of $100K a month for 48 months of revenue.

 

[Fearless]

what is suggestions to do with domains to be rich in 1 year?

Start 6 or more years ago.

Buy a portfolio with steady revenue of $100K a month for 48 months of revenue.
After a year, sell the portfolio with steady revenue of $100K a month for 48 months of revenue.

Where do you get $4,800,000.00 to get started?

 

[Biggie]

Start 6 or more years ago.

ya go into the "wayback" machine and register some LL.com names.


you gotta work, do research, more work and more research, as every day more people are trying to be domainers!

 

[maui]

wake up and remember that making money is hard and do some honest work

 

[3dGEEK]

Very tough thesedays imho :sigh2:

You need money to start with & most important of all LUCK

by LUCK I mean ... one has to be in the right place at the right time... and the rest takes care of it self :yes:

... and as domaining goes, the Lucky days are over :disappointed:

... so the only thing you need nowadays is alot of hard work & time (oh and not forgetting some LUCK too ) .... so just in case you fail .... A good Paying Day Job too :lol:

 

[Kevin]

Sell your domains and get into real estate.



With respect to domains, I would echo the points made by 3dGEEK: hard work and time.

 

[3ammary]

thanks for all replying
and lol @ begin with 3 and 2 millions
i think the best answer is :
buy nice domain and wait a year right?
so which is better buying and selling domains ?
pr buy one domain and wait?
thanx for all

there is a very very good answer also
from vorty
(Develop a domain into something that everyone can use, like youtube)
u r rit hope i can
if u suggest something
we can begin
u = to any member in the forum
thanx

 

[typist]

Register and park (ccTLD) typos 18 hours a day.

Never admit you're actually doing anything like this on dnf. This place is constantly monitored by hordes of ambulance chasing shysters (aka IP counsel in search of billable hours).

Public denial, a healthy dose of hypocrisy and a corporate structure suitable to manage and mitigate litigation risk can be helpful. Good luck!

 

[3ammary]

thanks
wat about parking domain i dun have enough info

 

[snicksnack]

go for ccTLds. All the big players are into .com but with little money you can make a decent living from ccTLDs. It doesn't take a genius to do so. Go for ccTLDs not many people go after. The more exotic, the better the chances are that no other domainer is trying to cash in on it.

Example: I registered domains in uganda, they cost liek $30 a year and the domains I have make around $0.5 - $1 a day.

 

[3ammary]

how could i make money with ccTLDs?
thanx

http://en.wikipedia.org/wiki/CcTLD

 

[snicksnack]

very simple. look which .com domains are popular and then register the ccTLD versiob of it. That's one way.

Also some countries have .com.xx and also offer .xx. For example vietnam started the regitration of .vn last year. there were alot of domains with traffic and still are.
In the case of vietnam you need to find the right registar, as prices vary from $30 to $ 200 for .vn. You might make money if you pay $30 but not if you pay $200.

I have some .vn and also c.om.vn and they are making a decent profit, at leat much more than any bak would give you as interest rate.

 

[3ammary]

As more people and companies than ever are investing in domain names, it has become evident that not all of these names will realise their full income earning potential. As a Domain reseller and investor with a reasonable sized portfolio ,I have often been asked the best way to make money from these investment domains. The following are the most common ways to create an income stream or maximize resale value.

* Park the name with a parking service
These places pay a percentage of the advertising revenue derived from ads placed on a page displayed when someone visits your domain. Also most of these parking services also offer a sales listing service to enable easy resale marketing of your domain.

* Make your own park page
Similar to the above ,only you create your own small Website with ads and get 100% of the revenue. This however will not be as profitable because the parking services get a much greater traffic flow.

* Develop a small, but content rich minisite
These small minisites are usually filled with articles and contextual ads from Adsense. Also often called AdsenseSites

* Develop a full featured web-site
Selling services or products and also have some ads and paid links.This can be either selling your own products or as an affiliate for an existing online website.

Factors that increase value

At any of the above stages of development and Value adding,you can make money by reselling the Domain/Site for an increased value above the purchase price.

* Keywords & brandability of the name
i.e. http://Become-rich.biz is Keyword rich and is valued higher than http://CrappyNames.com

* Amount of Visitor Traffic
Simple equation More visitors = More Income = Greater Value

* Return from site
(Income for Ads,Sales or Paid Links) . Higher Income earned ,Higher value for the site

* Current Demand for similiar names
If a particular type of name is hot property ,all the similar names increase in value because of the demand.

* Current Search Engine Ranking
If the Name is Not listed by the major search engines or is on page 346 than value is low, conversely if it is listed on the first page of the listings than value will be higher.

* Number of Sites linking to your site
Related to Traffic and S.E.Ranking , More links = more traffic + higher rankings

* How keen is the buyer for name
Buyer may want the name for a specific purpose and will pay a premium to ensure they get it.

Ways to Lose money on Domains

* Register a trademarked name
like "P*yP*lFees.com" because of the Legal hassles. Most High profile companies can afford an expensive legal battle ,can you?

* Pay too much for Domain Name
Just because http://ReallyGreat.com sold for $Big-bucks , doesn't mean paying $bigBucks for any old name will mean reselling it for an even higher price.

* Get scammed by Email and other types of fraud
Domain investors attract more than their fair share of Scammers A common one is an email claiming to be someone wishing to buy your name ,all you have to do is use their preferred Appraisal service to confirm the offered price. It is just a ruse to get you to pay an inflated price for this appraisal.

By: David Underhill -

Article Directory: http://www.articledashboard.com

http://www.google.com/domainpark/