The best way to get high profit is to follow someone who is already in this field.You do not have to copy it.But you have to watch how he/she buy and sell a domain name which makes for it very much profit.We will discuss how to make money buying and selling domain names.So let us start the topic.
How To Make Money Buying And Selling Domain Names
BUYING A DOMAIN NAME:
This is one of the most important things which will decide how much you are going to earn.You can buy a domain name which is related to:
Words that describe a service or product.Including new and emerging products can be a great investment.
Business names combined with geographic names can great investment.
This also can be very much profitable.You can sell this name to related communities, etc.
These names can be very much profitable.But you have to choose write name for the time and event which are going to happen.
Now we want to sell our domain name.so, first of all, we have to know the value of our domain name.There are many websites which offer a free appraisal for valuation.
These are only estimated.But you can get an idea about the worth of your domain.Some of the sites which you can use to get an appraisal for your domain names are godaddy.com, domainindex.com, and sedo.com.
Keep in mind these sites are not giving you perfect data.They just will give you some estimation.
websites where you can sell your domain names:
These are some of the best websites where you can auction your domain names.You have to set the value of your domain when you are going to sell it.
things to know about the safe trade of domain names:
Avoid cybersquatting.it means do not sell those domains which use the name of a trademarked company, product, or phrase.If you will sell that name the holder of that copyright may have a legal claim against you.To make sure that your domain name is not trademarked domain check a database.The world intellectual property organization (WIPO), maintains a searchable Trademark Database that covers various international trademarks.
Do not sell or buy “typo” domains.domains that deliberately misspell a company’s mark, can be confusingly similar, and thus covered by legislation.
To trade safe read anti-cybersquatting piracy act.(ACPA).
Do not alert a company that you own a domain with their trademark.The company may sue you to get the name without pay you.
If you think you have right to sell the domain which a company is claiming, You can gain the support of the “domain name rights coalition”.
most expensive domain names:
These are some of the highest earning domain names.They were auctioned with the high price.