Make money with domaining

I must say that I'm rather new to domaining and in my quest to find ways into making money in domaing I have found that there are at least 3 different ways. There are probably many more but these are the ones that I've found are the best ones.

1. Park domains
Buy, register domain names and park it with a parking company like sedo.com, godaddy.com, namedrive.com. The parking companies will show a webpage with links from different companies. You'll make money on your domain when a visitor clicks on one of those ads. As you can guess, this will only work if you get a type-in-domain (visitors who find your domain by punching in your domainname in their webbrowser) with lots of daily visitors. Probably only 2-4 visitors per 100 will click on the ads but this of course depends on the domain.

The key is to have many domains that make at least $20 per year so that you make more money than the yearly domin cost. This is an longterm earningplan and the goal is to have a moneymaking machine that gives you PPC (Pay Per Click) revenues every month without having to do anything.

Notice that you should only register domains that are genereric and doesn't infringe on trademarks and company names as this could cost you alot in future lawyer fees.

2. Flipp domians
The second way is to buy and register domain names with the aim to flipp them at a later date by selling them to a buyer. It would take a little more time to get an income stream but as you buy and sell more domain you should be able to make some money. You'll also need to invest more money to buy better domains that could generate a higher pricetag in the future.

3. Develop a website
This is the most expensive way in making money with domains. First you have to find the perfect domainname for your product/service and then develop the website and fill it with content. It takes more time to make money but at the long run it could be the way to make a lot more money than the previous alternatives.

There are loads of other ways to make money on your domains - like selling backlinks (if your domain has a Pagerank of 2 or more), redirecting your visitors to another site that pays you per visitor, lease the domain to a developer or do like chicago.com did. Chicago.com noticed that they could take out a monthly fee for an e-mail service to their visitors. If you have a lawfirm in Chicago wouldn't you want an e-mail that looked something like lawyer at chicago.com? The Chicago idea would probably only work on a Geo domain or a perfect generic keyword.

My strategy at the moment is to find great domain names and park them with a PPC parking company so that I get some revenues. This gives me the time to figure out what my next move is - to flipp it or to develop av website. I would of course let it be parked should the domain have enough of a revenue stream via the parking company.

Won securites.info auction on Godaddy

Yesterday Godaddy had an exclusive auction for .info keyword domains. It was an exciting auction with lots of good domain names like chef.info, bonds.info, discounts.info, election.info and many more. I submitted bids on about 10 of the domains but won only one, securities.info.

When bying domians my main object is to think out if I can develope it to something likeable and commercial. Securities.info is a broad generic keyword that can have information regarding on all sorts of securities like stocks, bonds, warrants and much more. My first task is to come up with a plan on how to make the site work and perhaps find a partner that has more experience with securities. I will post more as everything progresses.

It was a bit of a bidding war as the prices for the best domains went up in price. My securites.info domain went up to $600 whitch is a ok price for such a generic keyword. My main goal had been to buy chef.info and to develop that domain into a socialsite for the worlds top chefs but the price went up to high for my taste and was sold for $1365. This maybe wasen't such a high price for such a good generic keyword but my motto is not to put everything in one basket but to have a bunch of projects running at the same time.

Here are the final bids for the .info auctions that I bid on:
(and my thoughts on what could have been done on the sites...)

Bolsa.info $305 (Maybe stockmarket info for the Spanish of Portuguese markets)
Bonds.info $2510 (The name says it all - information about bonds from around the world)
Chef.info $1365 (Socialsite for the worlds top chefs)
Discounts.info $1360 (Blog on discounts from all sorts of sites like Amazon, ebay etc.)
Ebank.info £300 (Perfect for an up and comming internet bank)
Election.info $930 (would have been a great site for information on upcomming elections.)
Enews.info $425 (All the news in one place?)
Economics.info $1105 (Infosite on economic history and updated news on economics today)
Exhibitions.info $730 (Perfect place lists on exhibition around the world)
Innovations.info $505 (Blod on todays and yesterdays innovations that will and has changed the world)