The Truth About Flipping Domains.

I have only been flipping domains for under a year now, and have made a nice (although not anything to brag about, amount of money... Basically averaging on $20 profit per domain name. Now I know that is not alot of money, but the other online business' I have tried have produced no money at all. Maybe I was just not born to be an affiliate or produce my own products, however domain flipping is so simple... Anyone can do it.

If you sell 100 domain names over a period of 2 - 3 months your would have a nice stash of cash to blow on what ever you want. I might not be able to quit my full time job, however I can at least spoil myself on the odd occassion. Another great thing about flipping domains, is the amount of ease it takes... It literally takes me 5 minutes to find a worthy domain name to sell. If you want to learn how, click here.

Now I am not gonna give you some B.S. story, and tell you I was making the money on my very first domain flip. I actually made a loss of just over $3 on my first 5 domain flips. Reading into that should show you that, yes it is possible to make a loss, however, your loss will not very very high. I have, however, lost about $20 on other flips, but the profits I make on the rest of the flips I do, totally outweigh the losses.

If you are just beginning to flip domains, I urge you to read forums and other blogs on the subject of domain flipping. Forums and blogs help me very much in avoiding making those losses now. Although domain flipping can be simple you should at least put an hour or 2 away to keep learning. Trust me... You will learn loads.

At the end of the day, don't ever think you can just go buy domain names, flip it, and make money. If domain flipping worked like that, we would all be welathy. In conclusion, domain flipping will not make you rich overnight, or in a month, or even maybe a year, but you can earn a little extra to do whatever you please.

If you are new to domain flipping, I highly recommend to read Fast Domain Riches.

Ciao.

Vital Steps In Becoming A Domainer.

If you are interested in becoming a domainer, and interested in flipping domain names, here are some vital steps that you should follow:

Point 1:

If you own a number of domain names, you need to track them, as well as keep good records. Draw up a spreadsheet indicating:

• Your domain name;
• Date your domain name expires;
• If you have sold your domain name, how much did you sell it for?

There are other colums that you might want to add to your spreadsheet, but you get the idea. Keeping track of your domain names is vital if you want to become a successful domainer.

Point 2:

Instead of buying 100 domain names, rather buy 10 quality domain names. Your odds of selling 10 quality domain names to 100 average domain names are much higher, therefore you can expect a greater profit margin.

Point 3:

Another way to increase profits on your domain name is to develop your domain name. Build a website or blog for that domain name and you could possibly triple your profit.

If you have any questions or suggestions, please feel free to email me. I am really keen to hear from people who enjoy the domain flipping business.

Have a great day...

Domain Flipping - . COM's are not the only big sellers.

Hi everyone.

I just read an interesting blog post...

Every domainer tells you to use the .com extension when looking for domain names to flip, as everyone recognises it, and it is most commonly used. But as we all know most good .com domain names are taken.

Well how is this for interesting reading...

Lisbon.net sold for a staggering $32,000. Yes, you read right. Now I still recommend flipping .com domain names, as they definately sell more than any other extension, and you will probably get much more money for .com, however other extensions will definately be coming into play in the future.

To read the entire blog post, click here.