Thursday, April 3, 2008

There Is Money To Be Made From Dead Domain Names

By A R Thompson

Each day website owners are allowing domain names they have purchased to expire completely by accident. Yet a well informed investor who is aggressive enough can snap up these domain names and capture a large amount of existing website traffic for what is a brand new site. Unfortunately, there are many website owners today who have lost out because of this whilst there are just as many perceptive investors who have been made richer because of it.

All websites only survive if they have regular amounts of traffic being directed towards their site each day. So often when a site which has a memorable domain name and constant traffic going to it becomes available they will quickly be snapped up by some of the more savvy domain name investors around. Then often within a matter of days they have sold the domain name on for a profit.

Say for example you find a site that was selling bridal goods (gowns and tuxedos) and yet it wasn't doing as well as the website owner had expected so they have forgotten about it and their ownership has expired.

Yet one day the domain name on this site expires. A smart person who is investing in domain names will use a domain watchdog service, which will provide them with instant notification of the bridal site's domain becoming available. They will then have the chance to be able to grab this domain up for a renewal cost of as little as $6.95.

Within a matter of minutes you could find yourself being the owner of a site that has plenty of traffic being directed towards it. But what you will then need to do in order to generate cash flow for it is to build a new website page with a number of related ad links placed upon it. Doing this will help to better monetize any existing traffic that is being directed towards the site.

As time passes then you as the investor have the choice of either building up the site even further which will in turn help to generate more cash for you. Or you can simply choose to resell (flip) the side to another domain name investor, domain name broker or a person who is actually interested in owning the website for themselves.

So if you have been thinking about either retiring or selling off an old domain name that you would be well advised if to try selling it on eBay or at one of the other popular domain name auction services to be found online first. You will actually be pleasantly surprised with what you can earn by doing it this way. On eBay, some of the more unusual domain names that have become available for sale have reached upwards of $500 when they were sold.

But if you are considering become a serious investor in domain names then it may be advisable to utilize the services of a number of paid and free domain name valuation tools and sites. All of which can help you to make a more informed decision as whether this is the right domain name for you to buy or not. Although the actual value of each domain name can vary vastly it is not unusual for each domain to now sell for more than it was originally purchased for.

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