Domain name is a website address which is unique to any particular website. Buying selling domains is also one of the businesses which many people in the internet business have been doing from long time now. Domains are like real estate properties and if you get lucky you can earn huge amount of money by selling your domain. One of persons in my relation bought a domain for just Rs. 500 sold it for Rs. 20 lakhs. Must be sounding crazy to you however this is a reality however this sort opportunity comes rarely. You can buy domains which are highly searchable and sell them off at later stage.
Where do you get started for the same? You can get started with for selling buying domains on www. sedo. com. You can register on the website have a look at the domains which are on sale. Sedo. com gives you the platform to buy or sell domains and you can park your domains as well on Sedo which means your domain will have a page which will show ads related to your domain and if someone clicks on the ad you get commission out of that. You can buy domains from other websites such Godaddy. com, Bigrock. in etc.
How (Tips) to buy domain? There are various things which you need to take care of before buying a domain.
- Buy a domain which is not very long Domain name should make some meaning and should not be half word etc. Do some keywords research to gauge the search volume of keywords. You can use Google trends to check which keywords are being searched most. Try to go for domain with single word only e. g. buy. com, shoes. com etc. as these domains have high value. Keep yourself updated with latest news as what companies are coming in your country that has a brand present in other country/countries. Try to search for the brand name domain with the country extension is available or not. For example addidas is trying to come in India so it is quite obvious that they will buy domain addidas. co. in or www. addidas. in. There are very high chances that you get paid very high amount for selling these domains if you get lucky to buy these domains. But be careful that the company does not have any presence in India or any patent in India else you may get into trouble. Try to buy only top level domains (TLDs) which means with extensions. com. co. XX [XX=country code]