How to Flip Domain Names

by Faizah Imani

In the real estate world, a person will buy a house and flip it in order to make a profit. In the virtual real estate world, the concept is no different. With virtual real estate, a domain name can be thought of as a house on the web. You can purchase those virtual houses that nobody seemingly wants to live in, and fix them up quite nicely to make a handsome profit. What's more is that you can do this right from the comfort of your own home and computer.

Use the "Google Adwords" keyword tool (www.adwords.google.com) to research what people are searching for on the Internet, as well as the number of people searching for those items.

Purchase a domain name that contains key words that a lot of Internet users are searching for. You can use your credit card to purchase low-cost domain names from websites such as www.netfirms.com for around $7 per year. You can also purchase domain names that are up for auction at sites like www.sedo.com, www.flipsquare.com, and www.websitebroker.com. Though you will pay a higher price for domain names listed on auction sites, if you find one with a lot of potential, it will be well worth the investment.

Develop your domain name to increase traffic to your site. More traffic to your website makes the domain name more valuable. There are two ways you can drive traffic to your domain name. You can develop a website by creating keyword specific content for the site, while incorporating the use of metatags to optimize your website. Or, if you'd rather not develop a website, you can park your domain name with companies like Sedo. When parking the domain name, keyword specific advertisements will appear on your website, which also helps to generate traffic.

List your domain name for sale when you are ready to sell it. You can sell your domain name on many of the same auction sites where you purchased it.

Items you will need

About the Author

Faizah Imani, an educator, minister and published author, has worked with clients such as Harrison House Author, Thomas Weeks III, Candle Of Prayer Company and "Truth & Church Magazine." Her dossier includes JaZaMM WebDesigns, assistant high-school band director, district manager for the Clarion Ledger and event coordinator for the Vicksburg Convention Center.

Photo Credits

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