In more than four years that I have been on internet, I happened to collect about 16 domain names. I am not adding those that I have registered and then let expire in want of renewal.
I think it is quite natural with everybody. First you start with an idea and after you start working on the idea, you are bombarded with ideas after idea. They seem profitable and lucrative, you also think a catchy name and go ahead with domain registration.
But you cannot handle many things at one time. Therefore you cannot move many businesses together. Every niche requires you to focus on. Therefore, you end with domain names lying and doing nothing with them.
Because I did not wanted to part with these names (Who knows what I might do with them in future?), I searched for the ways I could put them into use. All I aimed was to recover their renewal costs so that they become self sufficient in a way.
Here are the things that I found about money making from dormant domains.
Sell Them
This was never my option and intention (at least till now) bu tit is one of the option so I am listing it. You can sell your domain name at various places on the internet. But looking at the trends, if your domain name is not a premium domain, you would not be getting much from your domain.
Following things help you to get a better price/negotiation power
- Age of domain: older domains are more valued in eyes of search engine
- Traffic: If you have good traffic, it increases utilization of the domain for the buyer
- Page Rank: For obvious reasons
If your domain is oven fresh or you did not work at it at all, you would have to be contend with whatever you get. In my view you would hardly reach three figures untill some buyer is desparate enough to buy the name you possess.
SnapNames.com or Sedo.com are good places to sell your domain names. Some registrars like GoDaddy also offer this service.
Redirect Them
If you have a domain with taffic you can redirect that traffic to your present website. If there is not much traffic, the redirect would not serve much purpose in this way. However you can use them to redirect your affiliate links or other marketing effortd.
Park Them
I am sure you are familiar with parked domains. A good keyword rich domain name would attract more visitors and can earn while it is parked. Your registrar or your host may offer this service. I use Godaddy and Hostgator. Both of them are offering this service. A Sedo, Domainsponsors are other good names in this fieldI
Services like this will create and optimize custom landing pages for each of your domains, and include relevant ads and targeted content. You make a percentage of the earnings generated through your domains.
Start A Blog
You can start a blog on your domain and then update it automatically by RSS feeds. This idea is espcially useful if you wish to develop the domain later.
A plugin like FeedWordpress, which updates your blog with RSS news feeds makes this job easier. You can alsooutsource post creation if you have money. After you have enougj posts you can either monetize the blog or sell it.
Sell Website
This is difficult from domain selling and I intend to do this for my undeveloped, underdeveloped and developing websites. There are many a places where you can choose to sel the website. BuySellWebsite, NamePros.com and the SitePoint Marketplace are some of the most popular.
After you are ready you can also look for buyers directly.
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Tags: dormant domains, extra domains, make money with domains, sel website, sell domain
