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.

Make and/or save money with fiverr

A couple of weeks ago I encountered fiverr.com while surfing the net. It is an marketplace where anyone can sell their services for $5 + extras for more. For ex. one seller makes a video with your testimonial and sends it to their facebook page for only $5. This video could then contain a message of your choosing like your product or webpage. It is a easy, funny and cheap way to get your word out to the masses.

This site seems to bring opportunities for both buyers and sellers. For the buyer this is a perfect buying place to find services at very low prices and easly get the word out. For the seller you can make money by selling your services to buyers from all over the world.

There are so many different services offered on fiverr.com but I'll make a small example list on what is offered.

I will post a video message to your facebook saying what ever you want for $5 - a perfect way to get your message without you yourself making the video.

I will design animal mascot for $5 - need a mascot here is your chance to get one for only 5 bucks.

 

I will distribute 35 flyers in New York City for $5 - get your word out in New York without you even have to be there.

 

I will write a 550 word SEO article in 24 hours for $5 - pretty cheap - get an 550 word SEO article for you website or publish it on Ezine.com for only $5.

 

I will make a video with Santa driving Car and small cute KOALA wishing Merry Christmas or promoting... for $5 - perfect for the holidays to come. Give a Merry Christmas to your loved ones or promote you webpage with a holiday greeting.

 

The list could be made very long as there are hundreds and hundreds more services to choose from. Summarized fiverr.com seems to be a place where you could both save and make money. It is your choice.

Make money by reducing costs

The idea is to help any company to reduce cost and to make more money. This idea is best suited for anybody that has an economic expertise like business managers, controllers, CFOs, operations managers, accountants, administrators and so forth. By offering any company or business the service of finding cost reductions and more ways for the company to make money and by only asking for a precentage of your cost reductions it wouldn't be a problem getting customers.

Provide your customers with a range of different services like developing short-term and long-term budgets, analyzing fixed and variable overhead, increasing employee productivity, analyzing product and service costs and developing expense reduction strategies to meet each client’s specific needs.  Then show your customer how much money you have saved them and send them an invoice. This business idea should be very suitable to do right from your home and without the cost of office space. Good Luck and please take a look at my other business ideas!