Domain Name
A domain name is a unique and easy-to-remember address used to access websites such as
‘google.com’, and ‘facebook.com’. Users can connect to websites using domain names hence thanks to the DNS system. In this article we’ll talk about Buy & Sell domain names (hold and sell techniques) to illustrate following points.
Major Tips on Buy And Sell Domain Names
- Decide on a focus area: First thing to consider for buying and selling domains is
finding a focus area such as it is important point. - Check domain name availability.
- Focus on domain names with value.
- Evaluate the price.
- Work with a trusted provider of domains.
- Promote the domains you are selling
Steps for Buying Domain name
- Choose a reliable domain registrar.
- Find a domain availability checker tool.
- Choose the best domain name option.
- Purchase your domain name and complete its registration.
- Verify ownership of your new domain.
- Find the owner’s contact information.
- Negotiate a fair price.
Ways to Sell Domain Name
- Research Recent Comparable Domain Sales.
- Determine and Set Your Domain’s Value.
- Craft your Listing.
- List Your Contact Information on the WHOIS Directory
- List Your Domain.
- Find a Buyer.
- Use an Escrow Service.
- Transfer the Domain.
Best websites for selling domain name
- GoDaddy Auction pk.auctions.godaddy.com
- Flippa Marketplace
- Sedo Marketplace
- NamePros Forum
- NameCheap Forum
- Domainstate.com.
i. Best Approach to Buying and Selling Domain Names
Know your budget
In domain flipping, it is equally important to know your budget. First of all spend some
time in financial calculations for knowing your actual budget. Start by investing a small
amount and then make your way to biggest investments.
ii. Find Ranking keywords
Before doing anything, focus on finding catchy keywords that buyers would find
interesting. If you want to get a good return on your investment, then pick an acceptable
traffic domain name.
iii. Buying and selling domains
You should put these things in your mind-
Before choosing generic names you should check first the copyright and trademark
issues.
Also, geographic names have chances to be sold to web developers seeking to open
portals.
iv. Find an existing domain
Do you know buying existing names can be also profitable? You can find existing
domains for profit by Sedo. You need to choose domain names as well as good traffic and google
PageRank under 17 chars. Also, clear domain names having special characters, they are not
sold often.
v. Focus on local domain names
This is too surprising that how search engine optimization has grown in ten years or
so. Today everyone wants their business to thrive on the first page of google by all means. The best idea to
choose local domain names is to search them at sites such as GoDaddy and Namecheap.
vi. Find domain names related to keywords
Namecheap gives you domain names by typing relevant keywords. You can also use a
millionaire society to buy and sell domain names. Once you found the perfect domain names,
you can log in to Alexa.com to gain more about the domain names.
vii. Buy new domain
There is a possibility that there may be some unregistered domain names initially. If you find
such domain names, then waste no time and get registered. Try to register using the best
domain registrar company. Because this will enable you to sell to the interested party. You
can find unregistered domain names on GoDaddy, Namecheap, and Flippa.com.
Buy & Sell domain names (hold and sell techniques)”
viii. Try to build a solid domain portfolio
It is not easy to build a domain portfolio initially. It can take months or years to achieve this
and will be worth it in the end. Try to look at the potential of the domain name. Also, you can
hold of high profiles domain names.
ix. Do your due diligence
Go through backlink profile earlier. Backlinks are the public websites that are linked to the
domain. There are various tactics in SEO so be careful from expired backlinks. Check what if too
many links are coming from the same domain thereafter.
👉Domain In Web hosting
Check email spam databases: You can check the domain in a spam blacklist such as
Ultra Tools. You will get processes to dispute blacklist placements comparatively.
Review web archive versions of the website: Try to examine the website’s history completely and earlier.
Try to analyze the look after using a web archive. It can inspire you for being a good
potential buyer thereafter. But it will show you red flags if the domain was used for any shady
purpose.
👉Never sell right away
It is not always about making quick cash simultaneously. Sometimes you will need to spend days in
research before making a sale. Don’t settle for a normal profit and then wait to sell for a greater
profit. Take domain flipping more as an investment.
👉Use sales strategies
You have many strategies for flipping domains. Setting price, auction, and also making offers as there are the three common strategies. Also keep in mind that you can set a particular price for domain names and don’t rush to sell them. You can also make offers to buyers who are furthermore interested in buying.
You can also flip websites and domains. This is because sometimes an established
website is more important than a domain. However by building a website, you get a great potential
in SEO value and much more.
👉Aware of Risk Factors💯
Do you think people make their living by buying and selling domains? The answer is
yes. The actual risk lies in expectation and mindset. It may seem to you that many domains
are sold for lots of money afterward. But do you know how many domains exchange every year? It is in
millions. Yet, those high amount of domains are the exception but not the rule. That’s why it
is important to have the right mindset at the time to start out later. You can not go in with the
mindset of buying domains and selling it for millions overnight.
This scheme is very destructive not only in domain flipping but in any business. Prior to this try to focus on buying cheap and domains having potential. And then selling
them at fewer margins first. Try to build some experience.
Conclusion
Many professional flipping domainers have hundreds of domains at any given time.
They buy and sell domains to maintain momentum and cash flow. This is done by the full-
timers, and this is who you can become. There’s more power comes when you learn new
things even if it’s domain flipping.
