Tuesday, June 26, 2012

How To Earn Between $500 and $1000 Daily Through Internet Online Real Estate (Buying And Selling Domain Names) Part I



A lot have been said about this business by different experts, to the extent that we cannot cover the modus operandi in this section. My intention is just to open your eyes to this business and tell you one or two things you can do to make good cash in this business. I hope this will be of help.

Domain names in its simplest term are the names you normally type on your address bar when you want to visit one website or the other for example, name like www.imakho.com, www.nairaland.com. They are also referred to as internet real estate, because you can buy and sell them as if you are selling estate in the real world. There are two reasons that make domain names so important to internet business owners. The first one is that it creates brand identity. Each owner of a site has unique domain name that helps him to create his peculiar identity. For example, www.microsoft.com is unique and peculiar to Microsoft Corporation which is the owner of the site.

The second reason is traffic: domain name helps internet business owner to generate traffic and this is the reason why you should use domain name that is easy to pronounce and spell.

In registering your domain name for utmost profit, you must consider the extension dotcom as the best brand that can make quick and good money for you. There are other extension like net, org, us, info, biz and mobi. Out of all these extension dotcom is the best.

How do you get your domain name?
There are two ways through which you can come up with a domain name. The first one is to generate and register domain name by yourself. You can do this through brainstorming. The only disadvantage of this is that you could end up wasting your time by coming up with names other people have registered.

However, to overcome this problem, you can use name suggestion tools. You can find one at www.namesuggestiontool.com. Another easy ways to get your domain is to buy expired domain. This is a little bit expensive more than the first option. In fact, with between $6 and $10 you could get your domain from any of the domain registration sites. On the other hand, it will cost you $60 dollar to back order an expired domain.

What is an expired domain?

It is a domain name that someone was using before but doesn’t use again. One good thing with the expired domain is that you will benefit from the already generated traffic which the former owners had generated.

Where can you register your domain name?

You can register your domain from any of the domain registering companies online. The popular ones that I recommend are:
1.                 www.yahoo.com
2.                 www.godaddy.com
3.                 www.007names.com
4.                 www.wsndomains.com
5.                 www.namescheap.com
6.                 www.netfirms.com
You could search through Google to get more. However, you’ve to take due diligence so as not to fall into the hand of scammers.  In the part 2 of this write up I shall tell you how to make money from domain business.

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