How to make money by simply owning domain names

posted by sitecash in January 8th, 2008

I purchased a number of domain names over the past year after reading a story about Kevin Ham, the domain investing guru who has made a fortune investing in this valuable internet real estate. So how does he make his money by buying these domain names?

The answer is simple, he usually parks them and earns an income through type in traffic.

So how do you park a domain name?

Step one is to forget about paying for hosting (although if you must get hosting for any web project I suggest bluehost for a number of reasons) because to park a domain name all you need to do is have DNS control over your domain name and have an account with a domain parking service (i’ll be suggesting some to begin with below).

At most domain registrars like godaddy.com you will have access to a control panel which allows you to change the server your domain points to. When you are trying to park your domains you will need to change the default server names to that of your parking service. The new server names should now be in a similar format to:

parkingservername1.parkingservicedomain.com

parkingservername2.parkingservicedomain.com

In order to find out what to replace the default servers with just contact your parking service or check their website as this is sometimes published in a FAQ area. Keep in mind that it usually takes a while to get your parked domain page to load instead of the default page under construction page that places like godaddy put up for you. Once it is set-up though, you can start monitoring your traffic and start seeing PPC revenues.

Suggested domain parking services

So I am sure some of you that are new to the world of domaining are wondering which companies provide solid parking services. The truth is that there are several that do. I would start by looking at the following:

1. I don’t think sedo is going to get you anything. I’ve two domains parked with them for almost one month, and till date, I didn’t get even a cent out of it.
2. GoDaddy, is paid service.
3. I don’t know about parked, as I’ve not tried them yet.

DG…

January 10th, 2008

sitecash

You just have to pay the yearly fee. You can actually set it up to renew automatically based on the payment information you give godaddy. Another alternative is of course to just buy the domain for multiple years up front.

As for what you put on your site, if you have a short, in-demand domain name you can really leave the site with nothing on it and still sell it for a lot. Of course, with the shortage of high demand dot-com names out there, big dollar domain investments become harder to come by.

April 22nd, 2008