How To Really Profit from Domain Names
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Have you heard about domain names that sold for over a million dollars?Inspired by this, you imagine registering
a great domain name, hanging onto it for a while, and then
selling it off to become the next multi-millionaire. It
could happen, but don`t count on it!
First of all, many of the truly great domain names are
already taken. Second, the dot com bust took some of the
wind out of inflated domain name prices. (If you sell your
domain name for millions of dollars worth of stock in a
publicly traded dot com flop, what is the name really
worth?)
The cybersquatter buys domain names totally on speculation.
Sometimes he will register names of famous brands,
companies, or individuals. Time and again, these domain
name speculators learn the hard way that they must respect
intellectual property rights. They hope that some large
corporation will pay big bucks to them for the use of the
company`s own (already trademarked) name. Instead, they
end up with threatening letters from a law firm for their
attempts at extortion.
However, you can still make money from domain names if
you are sensible in your approach. Here are some
suggestions on ways to profit.
1. Affiliate Programs: Use your domain name to promote an
appropriate affiliate program. Either redirect to the
affiliate site or write a review that links to them.
Next: Create content and... >>
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