What is domain flipping?
In a nutshell flipping domains involves you purchasing a domain name from a Domain Registrar, and then selling it at a higher price than what you purchased it for, therefore making you a profit. Basically these are the steps associated with domain flipping:
- Find numerous domain names which have just expired, or create your own domain name
- Register the chosen domain name/s with a Domain Registrar
- Auction these domain name/s
- If everything goes well, you can see a healthy profit, and the abovementioned steps can take you about a half an hour to an hour to set up. (Fore a more in depth and step-by-step process, click here.)
How much can you make from domain flipping?
In all honesty, no one can tell you the amount of money you will make, no matter what business you try, be it affiliate marketing, mlm, selling your own products, etc. However with domain flipping, the risk of losing money is a very low percentage. Now you might be saying that there is some percentage of failure… Let’s have a reality check quickly… No matter what type of online business you have, there is always a percentage of failure.
With domain flipping I have found that it has the least percentage of failure then any other online business out there.
If you really want a step-by-step, no hyped up bull, guide to get you on your way with domain flipping click here.
