Making money, out of domain parking/buying selling

DJMK4 · 2 Aug 2011 at 10:26

Hi there,

Was just wondering if anyone else gets involved in this?

From what I read on the web, domain parking and domain buying/selling are two separate things?

Anyone got any stories to tell or good links to visit?

platypus · 2 Aug 2011 at 11:28

Doubt there is much money in it any more since the domain police tend to come down heavily on people deemed to be profiting from it.

Hank_Marvin · 2 Aug 2011 at 11:35

Buy domains and make websites for them, put google adsense on it, and sit back and watch the money.

Easier to do if you have an interest in the websites topic.

Content is Key!!!

knowlton · 2 Aug 2011 at 11:47

DJMK4 said:
Hi there,

Was just wondering if anyone else gets involved in this?

From what I read on the web, domain parking and domain buying/selling are two separate things?

Anyone got any stories to tell or good links to visit?

Often people are too quick, especially those with inside information - When I was like 8, I tried to buy disneyland.hk one day before it was announced, and it had already been snapped up.

[TW]Fox · 2 Aug 2011 at 11:48

What an ethical way to make money.

tres · 2 Aug 2011 at 12:20

platypus said:
Doubt there is much money in it any more since the domain police tend to come down heavily on people deemed to be profiting from it.

Only if they're registered trademarks.
Nothing to stop you registering any other domain and just sitting on it - instead, you're just look at as scum!

Hank_Marvin · 2 Aug 2011 at 12:24

You are better using it, give it some seach engine ranking at least and make some money from ad's.

wonder_lander · 2 Aug 2011 at 13:18

Too many people buy crap names and assume they will make a shed load of cash off them. In reality this doesn't happen and buying and selling domains takes a fair bit of work for a good return.

Never ever ever buy a trademark domain thinking you can sell it to the trademark owner. They will pounce and take it from you like candy from a baby!

Trademark names can be bought and used for purposes that don't infringe the trademark but if you just park it you're likely to end up serving ads that are in the area of the trademark owner.

Goldy · 2 Aug 2011 at 13:21

123 Reg are advertising for people to snap up the new .xxx domains. There must be something in it if you get a good popular domain.

Hank_Marvin · 2 Aug 2011 at 13:26

Very expensive though, and there are lots of levels, if you have a similar .com/co.uk etc then you will likely get the xxx one too.

Mr Joshua · 2 Aug 2011 at 13:29

[TW]Fox;19724757 said:
What an ethical way to make money.

Since when has making money been ethical?

Westyfield2 · 2 Aug 2011 at 13:32

Cybersquatting :rolleyes:

.

Either a) Register domain and make website, or b) Leave domain for someone else to buy and then them create a website.

Burnsy2023 · 2 Aug 2011 at 13:33

Mr Joshua said:
Since when has making money been ethical?

Since Fair Trade and before?

Vulcan · 2 Aug 2011 at 13:39

DJMK4 said:
Anyone got any stories to tell or good links to visit?

Someone asked to buy my domain once. I declined.

True story.

tres · 2 Aug 2011 at 13:41

I once registered TheBrothersGrimm.co.uk

28 visitors in a year

J.B · 2 Aug 2011 at 13:46

I wrote a massive report on this for a global bank. Quite interesting but stay well away from any brand names, trademarks or otherwise! They were worried that someone was going to buy their .brand domain, so for arguments sake they were worried about someone buying .OcUK before they did. Given the cost and the restrictions on buying .brands I concluded the risk was small.

As for 'cybersquatting' that's not technically what you're doing unless you purchase something with no links to any established organisation. Im not really sure there is much money in it any more as most domains with any meaningful value are taken. and if you are starting a new company one of the first things you do is check the domain name is available.

DJMK4 · 2 Aug 2011 at 13:49

So say for instance I registered something like

"eclipsedesign.com"

I know this will be taken, but theoritically, if I registered this and just linked it to my profile website, I could sit on it for a bit and then sell it on a domain auction site?

How long would you normally sit on domains for ? or can you sell up straight away? or do you wait for people to contact you?

wonder_lander · 2 Aug 2011 at 14:06

There are a few ways to luck in with domain names:

Spot trends and guess on future product names.
Get in to drop catching. This is the process of buying domains that haven't been renewed by their owners and drop back into the general "for sale" pool
Domain trading - There are dedicated forums for buying / selling / exchanging domain names.

IME people rush into this and buy shed loads of crap exepcting it to be worth a fortune!

I have approx 60 domain names but most of mine are used for affilaite marketting websites so are developed with the aim of earning cash, which they do!

Gangster · 2 Aug 2011 at 14:22

just a few years late perhaps.

PistolPete · 2 Aug 2011 at 14:42

Been there, done that, bought the t-shirt with the profit....
....and a t-shirt was pretty much all I could afford!!

If you are in the right place at the right time (about 10 years ago) and bought some decent domain names you could be minted. A friend of mine happened to be in the right place at the right time and he's done ok for himself: www.barrygarner.com