Buying domain name investing can be a very profitable business if you understand your market, here are a few things to consider when buying domain names:
1. I only focus on .com domain names
2. The shorter the better
3. I prefer keyword based domains with commercial value
4. I prefer to hand register domain names to lower my risk
5. I list my domain names on Afternic.com
6. I have been very happy buying my domain names on Namecheap, they provide amazing web hosting as well at great prices.
7. Be patient and the sales will come through
Good luck in your domaining business, always try to buy better domain names and make sure to promote them on your website, blog and your social media pages.
Domain Name Investing – 3 Reasons Why it is So Profitable
Could domain name investing really be the hot new trend for the 2020’s?? A lot of my close friends that buy and sell Domains on a daily basis would say “yes”. But, unfortunately there are many skeptics out there that say the industry is dead. I am here today to show you 3 Reasons why domain name investing is profitable and here to stay for a long time.
Face it, the economy is in the tank (COVID-19). Things are very bleak right now. There is little hope in sight for a quick recovery in our traditional investment methods like the stock market and real estate. If you are at all concerned about where to put your money during these trying times, then you are definitely not alone. Millions of people are wondering where they can safely invest their money these days. I would venture to say most people you ask would say in the Stock Market and in Real Estate or REITS.
However, what many people may not even know about, is the world of domain name investing. This is simply where you buy a domain name (either a new registration or on the aftermarket Godaddy Auctions) and then sell it later for a profit. Sounds simple. Well, in all reality, the worsening economy has actually made domain names go UP in value.
To further explain why domain name investing is the right move for your financial portfolio right now, here are 3 Reason why domains may just be the safest bet out there:
Reason #1: Domains are Limited
Yep, these pieces of virtual real estate are a finite resource. There are only so many words and phrase combinations that make sense to us as humans. So if you can get your hands on some good common terms or catch phrases, it could be like holding a winning lottery ticket.
Reason #2: Search Engines LOVE Domains
We all know that search engines like Google, Bing and Yahoo dominate the web in terms of the way people find things online. If you have a good domain name, then your chances of showing up really high on the first page of results for particular related phrases is extremely better than someone who has a non-related domain.
Reason #3: Domain Name Investing is Easier
Now, it’s not like you can do it in your sleep, but the fact of the matter is domain name investing is much simpler than Investing in Real Estate or Stocks. There is just so much less overhead and extra headaches than these other forms of investments. No tenants, no utilities, no wall street gurus and not as much competition.
There you have it. Three solid reasons why domain name investing is easily becoming the next big wave in lucrative financial investments. I could go on and on about how much opportunity there is right now in the world of domain name investing!