This may seem at least a little bit crazy on the surface, but the truth of the matter is that if you have gone through all of the trouble to get a domain name (and if you’ve been searching for a premium web address you know exactly how difficult this process really can be), you may as well test the market in regards to flipping that domain to see exactly what kind of return it could brain.
This is especially true for those who have spent a lot of time, money, and effort to get a domain name that it has already had a bit of search engine optimization, age, or page rank applied to it – giving you more and more leverage when it comes time to finally flip your investment.
There are a lot of people out there who don’t understand that the domain name world is shockingly similar to the real estate world
While most people readily assume that you’d only want to get a domain name if you were getting ready to start your own website, the truth of the matter is that domain names can be one of the more lucrative investment vehicles in the digital realm – and you’ve probably never even considered them in the past.
With millions and millions of people jumping online each and every single year in hopes of securing their financial future through the web, and only a finite amount of domain names available at this current moment, the truth of the matter is that the process to get a domain name is going to get more and more difficult as time goes on.
And with this difficulty comes a tremendous opportunity for those who have already taken the time to invest in getting a domain name – especially if the name is relevant, short, and has had a bit of search engine optimization attention paid to it. We’re seeing a whole cottage industry of domain name resellers, investors, and brokers begin to pop up right before our very eyes, and while the general public is still unaware of this powerful investment vehicle it only serves to make the opportunity more and more juicy to you.
The first thing that you’re going to want to do is decide whether or not you’re going to add a bit of “property” to your domain to increase the leverage and value
While most people would be more than happy to get a domain name that was relevant to their business or interests, the truth of the matter is that they will pay a lot more money for domain names that have been developed further.
Now, this could be something as simple as adding a WordPress blog to the domain name and driving traffic to that platform on a regular basis – or something as full-blown as a full on website with integrated CMS system and e-commerce solution (basically a turnkey business that someone could invest in).
There is no reason to just sell a domain name when a bit of effort – and a minimal investment could end up dumping profits directly into your bank account at a tremendous return – though this is a decision that you’ll have to make all on your own.
Next, you’ll need to find the right brokers to move forward with when you are looking to help people get a domain name
While you could certainly try and go in your own, the reality of the situation is that you’ll be able to sell your domain name much faster when you leverage the services of a domain name broker or reseller. There are a number of unique services out there right now helping people do exactly this on an around-the-clock basis, and they will be able to assist you in selling your domain as well. Pay attention to the reputation that any service enjoys in the industry before you move forward with them, and you should be all right.
Finally, you might decide to just test the waters and push out your domain name offer all on your own
The best way to do so is through social media or a dedicated web forum, but you have to understand that you’re going to get a number of tire kickers that are anything but serious at the same time. The best method for helping others to get a domain name directly from you is to work with a proper broker or reseller – as outlined above.