How to Make Money Online with Expired DomainsAn expired domain is a domain that was registered previously but the owner did not re-register it. Once a domain name expires, it becomes available for anyone to register.
Expired domains have gained in popularity because of the traffic some of them may be having. A domain with an established source of traffic is considered a great bet. Savvy investors make a killing with expired domains.
There are a few ways one can make money buying and selling domain names for profit. It would help to understand how the whole process works.
Domain names are registered for a limited time, from one year to ten years. After this period of time, the domain name rights expire and the user has to renew the domain name. If this renewal is not done even after a period of time, the domain name is made available for anyone who wishes to buy it!
Each day thousands of such expired domain names are put on sale and some of them are well-established domains. These domain names may be ‘grabbed’ (the term used for buying expired domains) by anyone who is willing to buy them.
Buying expired domainsThese domains can be bought for a few dollars and sold at high rates, especially if it is a domain that has built up targeted traffic over a few years. Looking for a good domain name with qualified traffic is the key to succeeding in the buying and selling process. Grabbing an expired domain name anywhere from $5 to $50 and selling it for $150 to $1000 is very much possible and in fact, there are great domains found and sold at much higher rates. Doing this on a regular basis with a few domains a week is a great way of making money with expired domains.
Reasons why people buy expired domains from you
There are several reasons people would be willing to pay high dollars to buy expired domain names. If the old owners missed renewing the registration for some reason, then the sky is the limit and they would be willing to pay a lot of money to get it back. Other business owners in the same field as the domain would be willing to pay for securing a good name with traffic.
What should one look for when buying expired domain names?
Factors to be taken into consideration when buying
If the expired domain name had a traffic of anything above 1500 during the previous month, then it is considered to be a good deal. Ensuring that the site is actually a consumer site selling something, is another important factor to be taken into consideration. If one can find a site with tens of thousands of visitors during the previous month, then the likeliness that the previous owners will be itching to get it back cannot be ruled out and this is gold for the person buying it.
Automated grabbing systemThere is another great way of keeping a tab on domains with a high volume of traffic that are due to expire. The automated grabbing system ensures that as soon as the domain becomes available, it is registered. One such service provider is
www.snapname.com and they charge for the service only if the particular domain name becomes available. Such domain names can be sold for thousands of dollars.
Once a domain name is grabbed, the best way of finding a buyer is to register the domain on your name and then marketing the name and selling the domains to make a profit.
Setting a PriceThis is a very important aspect of domain business. Too high a pitch will not get an immediate sale. For anyone looking to make an almost instant sale, a decent price range is important, keeping in mind the value of the domain name, the demand for that niche etc. A higher price can be fixed if one is willing to wait until a good offer comes their way but for some instant cash within a few hours, low is the way to go.
Selling expired domainsSelling the domain names on ebay is very easy because of the number of people looking to sell and buy them there and people just do not realize the amount of money that can be made in eBay. There are several other market places like Sitepoint and Digitalpoint where these domains can be sold for profit.
Other than selling, there are several other ways one can monetize on the expired domain names.
Buy Expired domain names for trafficBuying expired domain names to get highly targeted traffic for cheap. This traffic can be driven to your website for just pennies a click and in turn increase sales due to the large traffic.
Mini websites with expired domain namesBuying expired keyword rich domains and building mini sites will show the website in top search engine rankings. These websites can be built using expired domain names to drive targeted traffic to them or to create a website and sell the domain name as a value addition. Domains with an attached website with good traffic are sold for higher dollars and are in great demand.
Expired domain names for affiliate productsAffiliate programs are a good way of running and profiting online without actually having a product of your own. Affiliate marketing entails redirecting traffic from the affiliate website to the website of the product owner and in turn earning a commission for any sales made. This is a great way of making money for newbies.
If affiliate marketing is the route taken, then expired domain names that target the market of the affiliate program should be bought.
There is a huge market out there for expired domain names, it only needs to be tapped. Some people may say that it has reached a saturation point, but that is nowhere near the truth. A lot of money can be made with expired domain names, if one only looks at the many ways of using them or even comes up with some new ways.
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