How to Make Money Flipping Domain Names

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There are a few key elements of a website. Graphics. Content. Links. But do you know what about the most important element of all? Your domain name. Often, domains are a foregone conclusion when we start to talk about the value of a particular website and how to make it work for us. But, in reality, if you don’t have a strong domain name, you don’t have much of a website.

But there’s even better news.

If you have a great domain name, you don’t have to have a great website. In fact, you may not need a website at all. In domain flipping, you have to buy domain names for sale and it is the art of buying great domains and then selling them to those who really want them and who plan to build a company website. The concept is rather simple. You start by finding a domain name to buy that seems like it will be worth more than you are about to pay. Then, you sit on the site for a bit, perhaps even doing some work on the domain to increase its profitability, before selling it to someone who will pay you more for the site than you paid yourself.

Buy low, sell high. It is simple.

How Can We Make Money with Domain Flipping?

If making online money with domains was truly that simple, everyone would already be making money in the $600 million aftermarkets for domains. There is a skill and certainly an art to finding the domains that will be profitable.

There is also a serious element of patience in domain flipping – these are not going to be bought and sold again in the space of an hour. Domains are actually an  investment to your business. So how do you develop the skills to find, hold and sell the right domains to make you a profit? The infographic below will give you your first big lesson in domain name flipping.

How to Find Valued Domains?

The domain flipping allows you to make money selling domains. The domain plays a major role in the growth of any business. while searching for the domains, it is very important for you to understand the mindsets of your customers and what they can pay you for your domain. Here are some of the qualities of domains that sold for millions of dollars: they are brandable, short, very relevant and easy to remember. It is suggested to find a short domain name (as short as one word), it would be easier to type, share, say, and remember.

The .com extension always an ideal option for a domain name. Other than .com extension there are many other options available for you – for example, Alphabet’s. xyz. If you are not using .com currently, you can move to it later when your business extends internationally.  If you really want to make money from domain flipping, as can go for .com extensions because they are a more familiar, easily available extension in the tech world. Cognitive ease motivates us to go with something already known by the people, and whether you like it or not. If .com are not available, it is suggested to either use .net, .co, or some recognized ccTLD like .pt for Portugal, or .us for USA.

Businesses are just going to make a profit from domain to get new clients. Premium domains names are exact, or near to exact, the popular terms match that people search in search engines, for example, Bing, Google, and Yahoo. An outstanding way to measure the volume of search is done via Google’s Keyword Tool. There is another factor known as domain name age, as the search engines consider the domain age in their ranking. So, you can say that the older, the better.

Avoid the Risks

You have to keep in mind a few things to avoid any risk or disaster. There is something that can ruin your domains and also stops them to be memorable and brandable as possible. For example, a domain name like Organic-Fruits.com, or OrganicFruits048.com, are worse as compared to OrganicFruits.com. The use of numbers and hyphens should be avoided in the domain because it will reduce the readability of your domains.

You may think that a good domain name could be linked to a famous company, for example, find a domain name that Coca-Cola variations. In this case, you can flip a domain that infringes some other company, this could lead to a legal battle. If you have any doubt about it, it is recommended to you to go to a legal professional or an attorney to avoid any issues in the future.

Flipping domains is not completely risk-free. There are three risks’ types linked with domain flipping as far as, legality, subjectivity and liquidity is a concern. Three types of the major risks associated with the domain name flipping are as follow:

  • Domains can also cause legal problems. This typically happens when the names are very analogous to domains already trademarked this is also the main reasons why you should be very careful about choosing your domains.
  • Subjectivity states to the fact that it is very difficult to understand the domain name value as linked with the stocks. It is not very easy to identify any domain value but you can measure domain value and understand the worth of your domain.
  • As far as the liquidity is a concern, you may have to wait for some months or years before making a money-making sale.

Knowing all the risks involving in choosing the domain name, now you will better select your domains for selling purpose. Before making this thing your actual business, you should learn some trade tricks and invest a little money before moving further.

How to sell the Domains?

Once you have brought a valuable domain, it is also very important for you to sell your domain to the right customer, to get maximum profit. There are numerous websites let you list your domains and make them easily accessible to the customers. Temok.com is a good example, as it is a well-known domain marketplace, offering a wide range of domain to well-established businesses and startups.

Domain flipping is not a way to generate quick cash and make money overnight. You may have to spend a lot of time researching before making a potential sale. It is also possible that you have to wait for numerous months or years to sell a domain to get a good profit, rather than settling for normal profit. You may better call domain flipping a good investment.

Some Selling Strategies

The first tip to sell your domains is to make realistic expectations. There are many first-rate domains sold for just a few thousand dollars – sufficient enough to pay your bills, even if you are not selling that frequently. There are many strategies you can adopt to successfully do the domains flipping. Three commonly used strategies are set price, domain name auction, and make a deal.

  • You have to set a price for your domain, offer your desirable price and don’t be very quick to sell it. there are many companies with huge portfolio use this strategy.
  • Some companies also adopt the domain auction strategy for selling their domain, you can also follow them. Sell your domain to the buyer who bid highest.
  • As far as the niche domain is a concern, you can offer to numerous prospective buyers who may buy your domain.

You can also flip websites just like flipping the domains. Developing a website has a huge potential as it has SEO value and much more to offer to its potential clients.

Flipping Domain Names

Final Words

Now that you have seen the basics of domain flipping business, the process should be simple, right? Well, that depends on how well you know the markets, the online climate as well as your knowledge of how to go about buying and selling domains.

Fortunately, you don’t have to invest much to give domain flipping a try – you can buy domains for just a few dollars. But before you start researching and snatching up domains, do some more thinking and planning. Check out emerging markets. Investigate popular niches. See what’s up and coming in your area. Work in areas where you have the most knowledge – your own niche, your market segment or perhaps your neighbourhood.

By starting with what you know, you’ll be in a great place to put your existing knowledge to work on a new skill set. But over time, as you see just how profitable domain flipping can be, it will be easy to start researching new markets, looking into what is coming next and perhaps even capitalize on future popularity. After all, nobody can create a killer website for that new company without a killer domain. Wouldn’t you like to be the one selling it to them?

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49 thoughts on

How to Make Money Flipping Domain Names

  • Babanature

    Hello Oleg,

    What a wonderful post and informative infograph.

    At my starting point of blogging, i did flip domain and i must say that there is a good money in that line of online business.

    Your Infographic has demonstrated to us how it should be and how to carry it out swiftly.

    Thanks for such a nice post… have a good week

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    • Oleg

      Hi Babanature,

      thank you for the comment,
      Good to know that you liked the InfoGraphic,

      Yeah, Domain Flipping can be a serious business. Flipping domains and tweaking it a bit to get more value out of it can be a good source of money.

      thanks,
      – Oleg

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  • Joy Healey

    Hello Oleg,

    An interesting article.

    One of my friends had bought a particular domain name with no intention of flipping it, but someone contacted him and offered to buy it from him for $1,000. He was concerned in case it was some kind of scam, but the $1,000 was duly deposited in his bank and the transaction went through fine – so there can even be money in domain flipping accidentally!

    Joy – Blogging After Dark

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    • Oleg

      Hi Joy,

      thank you for the comment,

      Yeah, when I used to flip domains I got some offers like that myself. Most of the time such transactions goes smoothly but yes, using a service like Escrow makes the process easy. Paypal with buyer protection works too, but then domains can be digital goods and how paypal will treat it in times of dispute isn’t easy to predict.

      thanks,
      – Oleg

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  • Barry

    Its really wonderful infographics with informative stuff. I guess domain flipping is really great business. I’ve seen lot of people making hundreds of dollars through it.

    Thanks for share

    0
    • Oleg

      Hi Barry,

      welcome to Temok and thank you for the comment,
      Yeah, domain flipping is serious business and there’s plenty of money that can be made,

      thanks,
      – Oleg

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  • Ryan Biddulph

    Hi Oleg,

    I love the focus on patience. Being patient and present allows domains to age, and like a fine wine, many of these suckers yield max value after a period of time. Like anything in life. Some items have a short shelf-life – meats, dairy, etc – but most items appreciate in value over time. If you patiently wait, a domain can yield a fortune for you. Breathe. Wait. Prosper.

    Ryan

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    • Oleg

      Hi Ryan,

      excellent comment,
      Yeah, it is so true – even for websites of micro niches, I like to age them and grow them slowly overtime. These are our digital assets – domains, sites etc. and needs to be aged and taken well care of.

      thanks,
      – Oleg

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  • Master

    Superb inforgraphics click for all the visitors for understanding the basic concept of making money from choosing top domain name. yes i am 100% agree with you that choosing a right domain name is a special art. If you can understand this art then you can become the master of online business legends.

    0
    • Oleg

      Hey!
      Thank you for the comment,
      Do get a Gravatar and let us know your name so that we can attribute you.

      Surely, the right domain name makes a big difference to any business, which is the reason why people like to acquire the domains that best describe their business. Now Imagine if that domain is owned by you – how much money you can make by flipping it?

      thanks,
      – Oleg

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  • johnsteve

    Hi Amar
    I read your article and i’m encourage by this post
    but i want to know how much earn in one month from flipping domain?
    waiting for your reply
    Regard:
    John

    0
    • Oleg

      Hi John,

      Welcome to Temok and thank you for the comment,
      Do get a Gravatar.

      Good to know that you liked the article – as for how much you can earn, depends totally on the domains that you buy and their value. It is almost impossible to predict how much you can earn but there is a lot of potential in this business and it is worth trying out.

      thanks,
      – Oleg

      0
  • Osho Garg

    I really didn’t knew that domain flipping has such potential. I guess I will need to start learning about this stuff.

    Thanks for sharing this insights.

    0
    • Oleg

      Hey Osho,

      Thank you for the comment,
      Yeah, domain flipping is an excellent business opportunity. Always good to add multiple revenue streams, so give it a try and let us know your feedback.

      thanks,
      – Oleg

      0
  • Monna Ellithorpe

    Hi Oleg, thanks so much for your great article. I’ve known about domain flipping for a while and have read about a lot of people doing it. I tried for a while but just didn’t seem to have the foresight to choose anything that was profitable.

    I’ve learned much since then. Maybe I will try again. Thank you.

    0
    • Oleg

      Hi Monna,

      Thank you for the comment,
      Good to know that you liked the article,

      Domain Flipping does requires a bit of effort and skill, especially when it comes to picking up good domains. Now that you have learnt plenty from your overall blogging experience, you can give it a try and see how it works.

      thanks,
      – Oleg

      0
  • Avi

    Hi I have two domain names that I brought in order to sell but I am having a hard time. Any help would be appreciated? Need to sell these ASAP

    Thank you

    0
  • Nishant

    Nice article,

    I was not knowing the importance of domain flipping. Thanks for addressing that it has such a potential. I guess I will need to start learning about this stuff.

    Thanks for sharing this insights.

    0
    • Oleg

      Hey Nishant,

      Welcome to Temok and thank you for the comment,
      Surely, Domain Flipping has great potential – do give it a try and let us know your feedback,

      thanks,
      – Oleg

      0
  • Umesh Singh

    Hi Oleg,

    Great post and amazing information. I liked the way you presented the idea in the infographic.
    Domain flipping is an awesome way to make handsome money on the internet.

    – Umesh Singh
    I

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    • Oleg

      Hi Umesh,

      Thank you for the comment,
      Good to know that you liked the infographic,

      Yeah, Domain Flipping is an excellent way to add an additional earning stream for your business,

      thanks,
      – Oleg

      0
  • numan ali

    Nice article,

    I was not knowing the importance of domain flipping. Thanks for addressing that it has such a potential. I guess I will need to start learning about this stuff.

    Thanks for sharing this insights.

    0
  • Josephine Stalin

    As a purchaser of a domain name ! its your responsibility to make it sure that the domain you purchase perfectly represent your business in an organized fashion.

    0
  • Mairaj

    Hi Oleg,
    Well, thank you so much for sharing with us an astounding information about domain flipping. As we all know that lots of people are making handsome amount of money simply by using this lucrative technique. I really appreciate your effort and the infographic is amazing.

    Many thanks for quality share once again 🙂

    Regards

    Mairaj

    0
    • Oleg

      Hi Mairaj,

      Thank you for the comment, good to know that you liked the InfoGraphic,

      Yeah, people are using these amazing methods to diversify their online income, always good to have multiple sources of income online,

      thanks,
      – Oleg

      0
  • Donna Merrill

    Hi Oleg,

    One of my favorite things to do is to flip a domain name. I haven’t done it in a while, but it is like a game for me to play. I have done four or five in the past and made a nice “chunk of change”

    This is why I am so glad you wrote this article. Once someone learns how to do it as you well noted above, it can be a nice way to make some money.

    -Donna

    0
    • Oleg

      Hi Donna,

      thank you for the comment,
      Yeah, flipping is fun too – just like a game. Good way to add an additional stream of earning and diversify our online portfolios.

      thanks,
      – Oleg

      0
  • Akshay Thakur

    Hi Oleg,
    Domain Flipping is good business in Internet Marketing.
    But choosing a right and perfect domain; it’s very difficult and choose it. You added the perfect infographic about Domain flipping. Thank you for adding detailed information.

    0
  • Ron

    Domain buying and selling is a great way to make millions but it takes time to understand the industry. I noticed you pointed out to buy a website/domain with pagerank, but i guess pagerank is dead for now. No update are coming on that one. Although, your infographic is good in content. Thanks for pointing out good points.

    0
    • Oleg

      Hey Ron,

      Welcome to Temok and thank you for the comment,

      Yeah, PR is dead, but there are other ranking factors that can be used, DA for example is a good way to judge a domain’s strength.

      thanks,
      – Oleg

      0
  • usman sarwer

    Hi,

    I just bought the new domain from an auction and I just add it to flip and problem is that domain is not indexed there is anything can be done to index that domain instant help will be thankful if someone can thank for the great post

    0
    • Oleg

      Hey Usman,

      welcome to Temok and thank you for the comment,

      For getting the domain indexed, build some links to it and it should get indexed.

      thanks,
      – Oleg

      0
  • Darrell Harris

    Hello Oleg
    Great post ! Very insightful and informative post. Domain flipping can be profitable if you do the proper research. I have flipped a couple of domains and made some “change on the side” Thanks for sharing this value-packed post and have a prosperous day.

    0
    • Oleg

      Hey Darrell,

      welcome to Temok and thank you for the comment,

      Good to know that you have applied the domain flipping idea already and made some profits too. Always good to keep diversifying our income streams …

      thanks,
      – Oleg

      0
  • Dhaval Parmar

    ello Oleg,

    What a Amazing post and informative.

    At my starting point of blogging, i did flip domain and i must say that there is a good money in that line of online business.

    Your Infographic has demonstrated to us how it should be and how to carry it out swiftly.

    0
    • Oleg

      Hey Dhaval,

      Welcome to Temok and thank you for the comment,

      Yeah, Domain flipping can be a good source of income to supplement other income streams of Internet Marketing.

      thanks,
      – Oleg

      0
  • Jonny

    Great stuff. I haven’t done any domain flipping in the past but this post is so useful and insight which compelled me to start one.

    0
    • Oleg

      Hey Jonny,

      Welcome to Temok and thank you for the comment,

      Good to know that you have finally started domain flipping, keep us updated with the progress,

      thanks,
      – Oleg

      0
  • Pronob

    Read something fresh after long time.
    Really I appreciate your work.Thanks a lot for this awesome article.

    0
    • Oleg

      Hey Pronob,

      welcome to Temok and thank you for the comment,
      Good to know that you found something new,

      thanks,
      – Oleg

      0
  • io games

    thanks oleg i am selling websites but after read this i plan to move on domains also thanks for the great speech.

    0
  • ABDUL RAZIQUE

    nice article thanks

    0
    • Oleg

      Hey Abdul,

      Welcome to Temok and thank you for the comment,
      Good to know that you have liked the article,

      thanks,
      – Oleg

      0
  • OLENA | OfferTail

    where I can sale website?

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  • Nidhi

    Hey this article is really very useful. And helped me to do my first domain flipping with NameSilo.

    0
  • Maryanne

    Thank you for your lessons, it’s very useful for the learner and also easy for them to follow each instruction.Once again much appreciated with that.
    Thank you for your kind words

    0
  • ruchi

    Love this infographic. Great work.

    0

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