Monday, 26 November 2007

How To Profit From Expired Domain Names

Today's age is all about recycling and nothing seems to have capitalized on this more than expired domain names. These have represented a great potential of earning quick money online. Ever since the dot com downfall people have been thinking of innovative ways to access tools which track expiring websites every single day!

Count yourself lucky
Until recently, only a handful of people could earn a fortune from expired domain names. It's because they had access to automated tools which tracked every website which ceased to exist. However with the plenty of modern tools available today, you can tap into the tremendous potential of expired domain names.

What are expired domain names?
In essence, these domain names belonged to another website owner at some point of time. They may not have paid their renewal fees which could be one reason why such domain names have become available for all in the market. Usually companies wait about 45 days since the expiry date and then the domain name becomes available to the open market. Then there are others who have created a domain name merely on the basis of speculation. They hope to earn a tidy profit in the future from the resale of the domain name. There are other website owners who create a domain name but don't really follow up on the development of the site. This often results in the expiry of the domain name.

New trends
It helps to keep an eye open for upcoming trends in the future. Most speculators have already started creating domain names which reflect future trends or technologies. If you want to get a share of this revenue potential you need to create domain names with these trends in mind. Then at a later date when these trends pick up momentum you can resell these for a high price.

Redirecting the traffic
Another great way to make money off expired domain names is by purchasing the domain name and then redirecting the traffic to your own site. You could get this traffic at just a few pennies for each click. This way you get plenty of traffic volume for a very low price!

Small websites
Another way to capitalize on this phenomenon is by creating several small websites using these expired domain names. That way you can direct loads of traffic to these sites for virtually free! You can even develop these sites and then resell them later as a value added feature, along with the expired domain names. You can be sure to earn loads of money in this way!

Functional sites
If you are lucky you may even find sites which have expired domain names but which are completely functional. Many times they may already have incoming links from other sites, directory listings and even good page ranking on popular search engines.

An extension of affiliate marketing
Another way to make good money off expired domain names is by using them to divert traffic to your affiliate marketing program. Try to find expired domain names which closely associate with the theme and content of your affiliate marketing program. Then use these domain names to divert traffic to your affiliate site. You will receive tonnes of traffic at the fraction of the cost - without much effort!

The best approach
One great business model which is still fairly nascent is as follows. You can search for expired domain names where the website owners are providing the service at a certain price. Then create a site which uses these domain names. However the catch is, in the initial days you provide these services free of cost. Once you start receiving more and more traffic you can convert this site into a placeholder for others to keep ads. Then with every click through you get to earn substantial income. Thus you can not only improve your page ranking in this manner but also capitalize on the popularity of the site to get advertisers for it.

Why expired domain names are a goldmine
There are plenty of reasons why buying an expired domain name can fetch you loads of money. For starters, it is a great resource to divert tonnes of traffic. It most likely also has plenty of links on it which accounts for its already high page rank on search engines. Imagine the kind of traffic, revenues and popularity you can enjoy by buying an expired domain name for a fraction of the cost.

About the Author
Here is the best course on how to profit from expired domains. Check out this work at home site if you want to make money from home.

Many Uses For Expired Domain Names

With the recent decline of the U.S. economy many changes have come about with regards to business on the internet. One of these things is an upswing in the amount of expired domain names that are available to be re-registered to a new owner, once they have been determined to be expired.

There are many reasons why a person would establish a domain name and also create a website, promote it and then have to let it go. Partnership disagreements, declining business, business refocusing in another direction and the list goes on and on. With regards to these expired domain names one mans trash is truly another mans treasure, because what may have seemed like small potatoes to a well established and highly successful internet entrepreneur might in fact turn out to be a small treasure to someone like yourself.

Many of these domain names have websites that have been heavily promoted and have substantial traffic that you can redirect to other internet ventures that you currently have going. For the affiliate marketer traffic means money, because most have an established formula that dictates that a certain percentage of visitors are going to end up being buyers.

Therefore more visitors directly translates into more revenue. There are websites that cater exclusively to the person who is interested in acquiring expired domain names. It is highly recommended that you visit them to learn more about the topic before you run right out and start buying up random expired domain names.

As a general rule, the majority of passive revenue generated by an acquired domain name would come from advertising in the form of advertising clicks. For this reason you will want to give close consideration to the domains ratings in the top search engines and also the amount of links that it has.

Also, you may want to consider building a website that is based on the domain name and while this can seem labor intensive, with practice and the proper information, it is well within the grasp of even the novice entrepreneur on the net.

Of course if you have a website you are then going to have to host it but don't let that stop you, because there are many cheap website hosting services on the net and in fact there are even free hosting services but they do have some catches that you must make yourself aware of.
Still another source of revenue that can be generated from a website is by the selling of links to third party websites, but your website must be of a high enough caliber to do this. The sooner you get started having your website designed and created, the sooner you can begin to see results come to fruition.

The U.S. economy is expected to make a turn around just as it always has and for you to be able to maximize on it when it happens you must have your website up and going and have done some promotional work on it. Expired domain names are a great way to get a leg up with regards to your internet venture.

About the Author
For more information about expired domains visit http://www.domdat.com/

Some Key Ways To Make More Money With Domain Names

You can make more money with domain names by following these key yet the most basic ways. When dealing with domain names choose the common and popular domain names.

Buy and Sell - You can buy domain names in bulk and sell them back to others. In this way you can make money as a reseller.

Get a popular domain name - You can get your hands on a domain name that has popular words in it that'll describe the business. You can also buy domain names that have expired but which were popular. You can do this by backordering them. So when the domain name expires if you have given the backorder option. Then it is likely that you'll have the domain name under you if the owner of the domain name had'nt set the auto-renew option on. You can backorder domains for a cheap rate at Network Solutions.

By Parking your domain names - When there is a potential for reselling in the case of your domain name, then park it on servers of companies which deal in buying and selling domain names. Some of these are buydomains, sedo. The used and expired domain names will sell well if they have the popular keywords or phrases in their names.

To make the most money out of domain names I recommend you the following site Bizmint.
BizMint offers an extremely unique approach to finding quality domain names, powerfully branding a website and increasing sales.

With it, people can find over 3/4 of a million domain names that have only just expired, giving people a chance to register killer domain names for just pennies - when in fact, they're potentially worth hundreds or even thousands of dollars! So check out Bizmint

For registration of Domain Names I recommend Godaddy. Check out Godaddy

By Harry Ramsay - Harry Ramsay is the author and owner of the site Your Web Money - Pay Per Click Tips Web Hosting Tips and Domain Names Tips

About the Author
By Harry Ramsay - Harry Ramsay is the author and owner of the site Your Web Money - Pay Per Click Tips Web Hosting Tips and Domain Names Tips
 
Web page design and good domain name is essential to building your own high traffic websites.