Selling Expired Domain Names: Easy Ways To Monetize Your Domain Trading Business
Selling expired domain names is an important aspect of domain trading, and a domain trader who excels at this activity can accumulate Internet wealth in no time. A domain trader who is also an experienced webmaster will have an advantage over an inexperienced trader. An expired domain name that shows a significant amount of traffic tends to have a lot of commercial value and can sell for a very high price. There are some domain trading entrepreneurs who make thousands of dollars every year. With a little basic knowledge and trading skills, even you can buy and sell domains for a huge amount of profit.
Here are some basic information and details that will help you run your domain trading business:
Step #1: The first correct step in the domain trading business is to find a good and relevant keyword attached to the domain. Be sure to choose a keyword that people don’t use often. A good keyword analyzer will help you assess and assess the commercial viability of a particular keyword. You can find a number of free keyword research tools on the market. However, they may not offer the best features needed to conduct research. If possible, buy a good keyword tool that offers additional utilities to make your research better and more comprehensive. Paid keyword trackers also give you additional details about a selected keyword, such as density, search probability, and keyword demand by people. A carefully chosen keyword will help you choose the most suitable expired domain name.
Step #2 – Monetizing an expired domain name means adding value and empowering you to earn more money for your efforts. Monetization is an economic activity that involves an expired domain with the opportunity to earn significant income. Therefore, you may want to purchase a web hosting package and design a good website. You may ask why you need a web hosting package and a dedicated website. You can use the designed website to drive traffic from that site to the purchased expired domain. Your overall focus should be to ensure enough traffic to the domain.
Step #3: Selecting a good themed website works wonders for your site visitors. You can even design a website with a page or two to attract your visitors. If you want you can add and embed relevant content to your website.
Step #4 – You will also need the help and assistance of other service providers to monetize the expired domain name. Possible ways to monetize your expired domain are to enroll your web portal in a good affiliate program or other commercial programs like AdSense. These lucrative programs give you the opportunity to earn income through commission per click.
Step #5: Traffic building is perhaps the most well-known monetization technique. If you are confident, you can even buy traffic from a commercial seller; make sure you buy a good package for organic and generic traffic and not incentive. A good traffic package will allow you to increase the overall traffic to your site from other portals. To improve the viability of your traffic, you can register and upload the domain with major search engines and online directories. The ultimate secret to your expiring domain trading business is to build links over a period, so that the domain is commercially ready to reap a rich harvest.
Finally, when you feel like your expired domain is ready for auction with a large pool of traffic, you can start the process by subscribing to major auction sites. If the site based on the expired domain is good, you can expect to sell it at a premium price.