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August 01, 2010 |
Making Money from Domains
by Dominic Dat
[Jul 12, 2010] There are two main ways that you can make money from domain names - you can either use a domain name that means something (eg business.com) or you can use a domain that gets a lot of visitors. It may surprise you to learn that these domain names are not necessarily the same thing.
Most of the domains which are a word or phrase are already taken. To get a domain that means something you need to think latterly, think ahead and register a domain name before anyone else thinks of it. For example, in the boating world there were yachts, then super yachts, and perhaps now mega yachts - so if you can think of what the next term will be, then it may be worth your while registering the domain and waiting for a few years until the term becomes widely used. If you get it right then you may well be the owner of a domain name worth a lot of money.
The other way of making money with domains is to get a domain name that already has a lot of visitors, and then monetizing the domain - normally through advertising. This can be a lucrative business for those with the knowledge of how to find well visited domains and I will now try to explain how these domains come about, and how you can find them.
It is important to realize the distinction between a domain name, and a website. A good analogy is to think of the domain name like a telephone number, and the website as a company. When you call the telephone number you get to talk to someone at the company, which is similar to when you enter a domain in an internet browser you get to see the underlying website.
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