Fast And Competitive Sport Of Domain Flipping Takes World Wide Web By Storm
Domain flipping – buying and selling expired domain names is a big money business.
Long Beach, CA (PRunderground) October 12th, 2008 - Pioneering website http://tinyurl.com/4nhedz brings potential webmasters the tools and tricks of the trade that are needed to start their lives as a domain flipper. This revolutionary new process is making mountains of revenue out of pennies in cash and there’s no sign of it ever slowing down.
The internet is fast becoming the number one way to market a business. Rather than looking through the yellow pages or the phone directory for a company customers now type their query into Google and are met with millions of results, all sorted by relevance. The World Wide Web is a global billboard, which customers take full advantage of and now companies are doing the same thing.
So why are domain names such a hot commodity? Website owners want their customers to remember their domain name off by heart and be able to type it straight into their browser without navigating through potential competition first. It also goes a little deeper than that with domain names containing relevant keywords ranking higher in search engine results. Search engine results are critical for generating ‘traffic’ (i.e. visitors) to a site and therefore making sales. This is exactly where the money rolls in.
When domain names were made public shortly after the turn of the millennium, budding entrepreneurs and internet prospectors realized that a good domain name generating lots of traffic is worth literally thousands or millions. Rather than hanging onto that website and generating small but regular income they sold them on for a fixed price to get quick and easy money. This is a process known as ‘site flipping’ or ‘domain flipping’ whereby one domain might take on a number of different owners each year and indeed a number of different purposes (e.g. cinema.com might have originally been a filmmaking magazine but once it was sold onto a new owner it was changed into box office listings and the domain name is relevant to both niches).
Once domain flipping hit it big in summer of 2001 the number of available hot domain names dropped dramatically. In fact, 22.7 million domains have been bought since then, so statistically web developers have more chance of winning the lottery than getting the URL that they really want. Any web developer will know that if they’ve found a niche which is searched for a lot, but there’s little competition then they are onto a big money winner.
The other great thing about domain flipping is that domain names expire; meaning a website which has fallen by the wayside will eventually become available again for someone else. If they’re lucky enough to find one which is generating lots of traffic then they can buy it for $10 and sell it for $10000! It’s incredible what can be done on the internet if you get there on time.
The advantage of this process? Everyone wins! The customer sees results as each owner puts their expertise into the website and it’s improved from a number of angles, the seller gets a lot of fast money and the buyer gets a brand new website which they can either take the slow and steady revenue from or improve it to flip again. It would seem that the key to getting into the game is to a. have enough money to buy a decent domain, b. have something unique to put into the website before you flip it again and c. know who you are marketing to. Even long domain names are selling for $1000 and more, for example forsalebyowner.com which sold for $835k, so just imagine what single-word domains are worth.
In summary, since 2001 web developers and online entrepreneurs have found the key to generating big bucks in small time frames from buying and selling hot domains. To be blunt, this is where the money lies and with sales figures reaching 20000 domains a day being registered every single day it’s a fast and furious business to be in.
If you’re looking for the hottest, catchiest and most memorable domain name to kick start your career as a domain flipper then visit the number one site for tips on how to get started. Imagine if you went from zero daily traffic up to 1200 completely free? There’s no quick fix but there are shortcuts.
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CONTACT INFORMATION:
Dan Soyke
Dan Soyke Assoc.
Email: dan@make-huge-profits-everyday.com
Web: www.make-huge-profits-everyday.com
Please direct all questions to the person listed under “contact information” above. PRunderground does not represent this company, we are simply the distributor of this release.
