Domain Name Flipping: A Great New Business Opportunity
The Internet was born in the year 1990 and after that computers from worldwide connected with each other. And because of the birth of the Internet, a new asset class came into exists. This new Asset class is – Domain Names
Now, many of you may not know that, what is Domain Name and why it is a new asset class? Well, in simple language, every website has its own name. We visit this website with a web address and this web address is known as a Domain name. Say for example, the Domain Name of this blog is, myjourneytobillionaireclub.com
So next time, if you again want to visit this blog than you MUST have Domain name ready. otherwise you can’t visit this blog. Google.com, eBay.com, Amazon.com are the examples of the Domain names.
Domain Names are like virtual real estate. They are Intellectual properties in its truest sense. Owning a Domain name is exactly same like owning a piece of real estate or any other asset such as your home, stocks, bonds, gold or mutual funds. This is because a Domain Name is unique and it has a value in it.
The Generic name domain names such as Loan.com, Car.com, Investment.com, Mortgage.com, Model.com are worth of millions of Dollars.
This is because any domain name will have a natural search engine traffic on it. Some generic name domain names will have tons of natural search engine traffic. So if you start your web business on these domains than from the very first day, your website will have a web traffic and thus the Revenue.
And thus, this character makes Domain names valuable. Not only this, but many corporates buy lucrative domain names from the individuals for worth of millions and if not millions than not less than 6 figure.
Here are the great marketplace for buying and selling Domain Names -
01) eBay.com
02) Sedo.com
03) Flippa.com
04) Sitepoint.com
Many Domain Name Flippers are making literally 6 figure income every year from Domain Flipping Business. If you own a Domain Name than it means that, you are the owner of the real estate of the internet.
Not all the Domain names are worth of millions. Most of the Domain names are worth of few hundred dollars. What Domain Flippers do is, they make a portfolio of 50-100 domains and than put them on auction for sale on eBay.
Where do Domain Name flippers buy Domain Names? -
Well, the Best site to buy Domain names in the world is GoDaddy.com. This is because it is easy to transfer domain names on GoDaddy.com
Domain Name Appraisal Services -
Every real estate or business has some true value in it and without proper valuation, you can’t judge its fair market price. The same is true for Domain Names. Domain Names are the properties (Assets) of virtual world (Internet) so there should be a fair valuation of it. Here are 2 Best Domain Appraisal services on the Internet.
01) Sedo.com
02) Moniker.com
Thus, the future is of Virtual properties such as Domain Names. It is quiet possible that in the future, a high school going kid may also own properties (Domain Names) worth of Millions of Dollars in his GoDaddy.com Domain Name account….!!!!!
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