How to Make Money by Flipping Domain Names 🥳
Buying and selling domain names is a business that involves purchasing domain names at a low price and selling them for a profit. This requires some research to identify valuable domains and patience to find the right buyer.
Potential Earnings:
$100–$10,000+/domain.
Required Skills:
Research, negotiation, marketing.
Steps to Follow:
- Step 1: Research domain names that have potential resale value (e.g., short, memorable, keyword-rich).
- Step 2: Purchase the domain through registrars like GoDaddy or Namecheap.
- Step 3: List your domains for sale on marketplaces like Flippa or Sedo.
- Step 4: Promote the domains through social media or niche forums.
- Step 5: Negotiate with buyers to sell the domain at a higher price.
- Step 6: Scale by buying and selling more valuable domains.
Time Commitment:
5–15 hours/week, flexible.