How To Earn Between $500 and $1000 Daily Through Internet Online Real Estate (Buying And Selling Domain Names) Part 2

I hope you are able to gain the basic understanding you need to make money with domain names. Today I shall show how to make money from online real estate. Follow me as I open your eyes to the opportunity in this business.

How To Make Money From Domain Business?

In order to make money from your domain business there are five things you shall need to make real success. They are:

1.                 A payment solution in the form of Paypal, visa card or master card.

2.                 Register Domain names

3.                 Change the name server

4.                 Park it and start generating traffic to it and then sell it.

5.                 You will also need to open domiciliary account with your local bank to receive your dollar from the business.

The moment you meet the above five conditions, it is sure you will make money from the business. Now you can make money from the business. In the part three of this topic I shall tell you how to make more money by parking your domain with a parking company.

How To Earn Between $500 Daily Through Internet Online Real Estate (Buying And Selling Domain Names) Part 3

Today I shall continue from where I stopped. Now that you know how to make money with your domain, there is one or two things that I want to show you that I believe your understanding of them can make you more money. That is how do you park your domain, buy domain cheap and sell high to make fast money. Read on!.

How Do You Park Your Domain And Make Money?

In its simplest term, domain parking simply means pointing your domain address to the server of a host (a Parking Company) who put advertisers link as a partner from each visitor that visits your domain and click on the advertisers link.

To start domain parking, you will need to register domain names, and then change the name server or point it to the server of the parking company you intend to use. Below are some parking companies you can use.

www.parked.com

www.revenuedirect.com

www.dotzup.com

www.imonitised.com

Parking your domains can also be described as pay per click parking and it’s one of the ways you can make money from your domain business.

Using your domain names, you can also make money through affiliate marketing. Affiliate programs allows you to help the owner of the product sell it by referring people to buy his product, and on every sale you earn a commission which could be as high as 75% will be paid to you. You can make as high as $100 per day by sending people to the affiliate program owners site. How can you make this amount of money? All you need to do is to simply point your domain name to your affiliate link which you will be given when you register with any of the affiliate programs. You can register with some affiliate programs by visiting the following sites:

www.clickbank.com

www.cj.com

www.paydotcom.com

Buying cheap and selling high. Another way through which you could make money with your domain names is buying and selling of domain names. You buy a domain name for between $5 and $10 and sell it at your favourite price as high as $1,000,000. Yes I mean it! The business is that profitable.

To be able to sell your domain at high price, you must first determine the value of your domain by visiting sites that sell domains. You can use www.sedo.com, and also www.imonitize.com  to compare the price of domains similar to your own. This will give you an idea of how much you will sell your domain.

In order to sell your domain, you must know that there are different methods you can use. One is through auction; this is a method of auctioning your domain for a price at domain auction sites such as www.afternic.com, www.sedo.com and www.imonetize.com. These sites allow you to list your domains and track domains for sale and also allow you to communicate with interested buyers.

The second method is selling through the brokers who negotiate between you and your buyers and complete the sale on your behalf. One good thing about domain brokers is that they can connect you with a buyer who is desperately looking for your domain, thereby saving you the time of regularly checking “wanted buyers” and other listings. Some of the domain brokers are: www.sedo.com, www.domainmart.com, www.topdollarnames.com. Most domain brokers charge commission of between 10% and 20% for their services.

The third method through which you can sell your domain is to set up a private web page to market your domain names. All you need to do is to simply create a basic page connected to your domain, with a short message such as “This domain is for sale”.

The Last method is through direct contact to buyers. You may decide to contact interested buyers yourself and then finalise the domain selling contact. One best site that will help you is www.domainmart.com  which has a list of potential buyers. In order to be secure, you will need to consider opening escrow account with company like www.impressivedomains.com  Escrow services will facilitate the domain selling business.

Internet Real Estate business is profitable and serious money making business. It’s therefore, worth it to take more time to study and gather more information on the business. The last warning I need to drop is that you need to take due diligence in dealing with buyers. The best thing to do is to go through domain brokers who will facilitate sales and payment transaction.

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.

How To Be Sure That Your info Products Will Make Money for you any time any day.

Today I’m going to show you how to determine the profitability of your product based on the niche or area of interest you have selected.

That is you need to find out  if the niche will make you any money!

Bear in mind that there is no 100 % guarantees that you will make money with your product, however if you follow this step it should make you 99% sure that there is a market for the taking!

What you should do now as well is make a folder on your Desktop to keep all your work together. Just call it your “niches name” product for example “Dog Training Product”.

To find out if you will make money from your product we need to ascertain that all the people are searching for your  phrases are buying as well!

There are many different ways to do this but this is the way I do it:

The first step is go to http://www.google.com and type in your top phrase (the one with the most searches) for instance I would type in “Cat Training”.

This is what Google bought up for me:

Once you have typed in your main phrase the first thing you should look at is the number of search results the query has.

You can see from the example above I have highlighted the search results and there are 38,800,000 results for the phrase “Dog training”.

This is a lot of results and that normally means there is a market there.

The next thing you should do is look at the number of adwords the phrase has.

I have highlighted the Adwords on the page and these are adverts people place on Google for certain phrases what we are interested in is how many competing ads there are and what sort of price they are paying to be there.

Basically the more profitable a market the more people will bid to place their ads.

So all you need to do now is type each one of the five phrases you picked earlier and make a note of:

1.      The number of search results

2.    How many people are paying to be there on  Google Adwords

The next step we need to do is to get a rough idea of how much people are willing to pay to be there on Google Adwords as this is a good indicator of how much money is in a niche!

Also make a note of what the Adwords are selling as this is a good indicator of WHAT people are buying in the niche and this can help you with your product creation.

For instance what is the top Adword Ad?

For the dog training niche it is:

Dog Training Problems

The Professional Solution

Remote Collars & Electrical Fences

Bear in mind this is not necessarily the best product to copy although it will give you an idea of what people are selling in the niche.

However the above is just something to bear in mind, when you have checked out the search results for each one of your phrases and the competing ads we need to know how much people are paying and for this we will use a site called:

http://www.spyfu.com/

Spyfu is a site that lets you see what sort of money people are spending on Google Adwords for their phrases.

Once you go to the Spyfu site you will see this screen:

All you need to do is type in your main phrase into the Spyfu search bar and it will display the information we want.

You will need to do this with each of your phrases but I will go through the process with my example phrase “Dog Training”.

This is the info that SpyFu bought up for the phrase “Dog Training”:

You will receive more info showing the Google Adwords ads but we are only interested in the top bit as shown above.

Let me explain what this data means and how it is relevant:

Cost/Click: This tells us the average cost to the advertiser per click, so you can see that the average advertiser is spending $0.80 per each click. The higher amount is the better as if they are spending a lot of money per click they must be getting sales! (normally anyway!)

Click/Day: This shows us the average amount of clicks per day an advertiser is getting on that phrase. If this is high it is better also as it means people are searching for information on that phrase.

Advertisers: This shows the number of advertisers bidding on this phrase. Ideally this number should be lower than 20 as it means that there is more than 20 different competing Google Adwords and if you can find a good niche with low competition then this is better. Don't worry too much about this though as if it is high you can get people to promote your product!

Cost/Day: This shows the total daily cost to all advertisers that bought this keyword/phrase this just shows you how much an advertiser is prepared to pay to stay at the top. Normally the more the better, as if the advertiser is willing to pay more than they must think the keyword is profitable!

So all you need to do is go through each of your 5 keywords and see the results using this tool.

Ideally you will be looking for all the figures to be high and the competition low (lower than 10 competing ads can be a goldmine!).

However as long as people are spending money and there is a market there you will make money 99% of the time!

Also you should now start thinking about narrowing down your niche for product creation using this tool.

For example I have been focusing on the keyword “Dog Training” however it is a good idea to focus on an actual topic within a subject like “Dog Potty Training” in my example.

This is not always the case but does mean you can focus in on one point and will be easier when creating your product and more targeted.

Here is the results for “Dog Potty Training”:

As you can see from the example above this phrase is a lot more focused and is still very competitive.

However although it is saying we would only receive 0.79 clicks per day if you created a product on how to potty train your dog you would get more sales than if you created the same guide and bid on just the phrase “dog training”.

Does that make sense?

You should find a niche this way that tells people how to solve a problem or offer some solution.

So for this example I will settle on the topic “Dog Potty Training”.

If you are having any problems with this part then just send me a quick email and I will help.

Also don't get too caught up on this just take each of your 5 phrases type them into Spyfu and note the results and see how much people are spending to be there.

Then select a phrase that solves a problem or that is more focused!

So I have settled on the phrase “Dog Potty Training”.