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How to Make Money Buying and Selling Domain Names or Web Addresses

By Dr. Judy Gay, published Aug 24, 2007
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Some call them domain names. Other people call them web addresses. Both terms are referring to same thing: the address you type after https. For example: you may be reading this on a domain named www.associatedcontent.com. This article deals with someof the ins and outs of making money online by buying and/or selling domain names. If you would like to know how to make money online with only a five dollar investement, read on.

Domain names sales made new recently when vodka.com was purchased for three million dollars. Earning that kind of money for a domain name is not the norm, but one can earn money buying and selling domain names if they adhere to some basic principals.

> General domain names sell best. Cars. com would fetch a pretty penny because any and all car companies might want that web address.
A domain name like "carolinacars.com" would have less of an appeal. You might still get bids from some car dealers located in the Carolinas. but I am sureyu see that it's appeal would be limitted to that area or to someone named Carolina. . March.com recently sold for over $40,000 dollars: single, general words always get a larger price. Consider your "audience" and aim for terms and words that have the broadest appeal.

> Steer clear of patented and copywritten names. Even if "toyota.com" were available, that name is owned by the Toyota Company. Most sites would bar you from offering that name for sale and if not do you really want to litigate with Toyota? The same can be said for names of famous people. The governing board of such matters (they are called ICANN) have time and again ruled in favor of celebrities who have asked to have thier names returned, after they have been registered as domains. Do not waste time investigating or trying to buy domain names that you suspect you do not have a right to own. You're probably right.

> Do try to find three letter combinations like jky, zoh or kng. There are many businesses and /or indiviudals who use a series of letters when abbreviating thier
themselvesor thier business. Three letter combinations have been know to generally get higher bids than four or five letter combinations.

Takeaways
  • Sedo is a site that allows you to list a domain name for sale for free.
  • Many have purchased .com addresses for a few dollars sold them for hundreds or thousands.
  • Some simple guidlelines can help you make money online buying and selling domain names.
Did You Know?
The domain name "www.Vodka.com" was recently purchased for 3 million dollars.
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