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Thursday, September 11, 2008

Domain Flipping - No Other Onlines Business Compares To Domain Flipping.

I cannot emphasise how easy domain flipping is. Out of all the other online business; I started, domain flipping is by fa the easiest. Here is a table I have quickly drawn up, showing the differences between domain flipping and another easy online business known as affilite marketing.

Domain FlippingAffiliate Marketing
Start up costs are low. You can get started for under $10, inclduding purchasing a domain name and ebay fees.Purchasing programs can cost you anywhere over $50, and you still need to advertise you products which can run into $100's.
Simple to do. You purchase a domain name, list it, and then get paid.You will have to do rearsch on a specific nichewhich can take days. You then need to purchase a domain name and a hosting account, set up a website, and then market the website and hope hordes of traffic come flooding in.
Takes 1 hour per day and you don't hve to work everyday.Takes several days to set up, and then you have to keep tweaking and refinding... Oh and market, market, market!
Percentage of losing money is minimal. If you do not sell a domain name you lose under $10.Percentage of losing money is much more higher. You need to pay for a domain name, hosting. If you do not know how to design a successful website with great cotent, you will need to hire a webdesigner and ghostwriter. You can expect to lose $100's.

Just to let you know that I have compiled the above table for a person who is only starting out with making money online. There are people who know what affiliate marketing involves and are experts at it, and therefore affiliate marketing can make you loads of cash.

Just a quick note to let you know, that if you think domain flipping will fade away eventually, you are very wrong. Domain flipping has been around for years, and is now only starting to be recognised as a viable online business. Domain flipping will only get stronger with time. More and More businesses are seeing the impact the world wide web is playing, and therefore domain names will always be in demand.

Have a good day.

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