Sam Traveler - Domain names are the real estate of the Internet, and domainers make money from buying, parking and selling them. Even if you are not trying to make a living from domain names it is always a good idea to know how they work. You might want to start another blog in the future and thus having a small portfolio of good domains could turn out to be useful.
Aviva published an extensive article titled “How to Get Started as a Domainer” describing domain buying strategies, best practices, how to monetize domains and so on. Below you will find some takeaways from the article:
- If you are trying to make money with domains look for keyword typos (e.g. Mortgeges.com)
- Consider using automated domain research tools likeAjaxWhois.com
- If you are holding domains for long periods make sure to activate the auto renew
- Avoid numbers and hyphens on domain names
- Be careful with domain pinchers (people that register domains using information from whois services) and thieves
- In order to monetize your domains you can either park them or redirect them to a single traffic collector site running your own PPC ads
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