Make Money Selling Domain Names in 2022 (Complete Beginner’s Guide)

What is there in a domain name and why is it valued so much? How much could anyone make money selling domain names?

These were the questions I tried to get an answer to…👀

Upon searching, I found that the domain name “carinsurance.com” was sold for a whopping $49.7 million in the year 2010…😳.

This altogether set a different perspective of looking at this way of making money, which can be a side hustle as well.

Not only this, there are other instances of people hitting a jackpot and making huge money from flipping domains (especially brand-related domains)

We will try to answer everything that you need to know in this ultimate beginner’s guide when it comes to making money selling (flipping) domain names, such as:

• What is domain flipping?
• How much money can you make selling domain names?
• How to start flipping domain names?
• Is domain flipping profitable?
• Tips for beginners looking to start flipping domains and more.

Did you Know?

“Tesla” was bought by Elon Musk and co-founders for a valuation of $75,000 from Brad Siewert, who is from Sacramento.

Okay, let’s dive in…

Flipping Domains (All you need to know)

Before getting into domain flipping, let’s first get to know what exactly is a domain?

What is a domain?

A domain is simply the name and extension of a website that helps anyone to find a website.

Here as you can see the domain name for this website is “passiveearningonline.com”.

For any website that you visit, one can find the Sitename and the extension in the search bar at the top of the browser that one uses.

A domain name comprises 2 things i.e. Site Name and the Extension of the website.

SiteName

This is the name of the site you are heading into, which is “passiveearningonline” in this case.

It is like finding an address to your home which is always unique.

Extension

This is the “.com” that you see next to the Sitename “passiveearningonline”.

These are known as TLD (Top Level Domains) which are basically the first priority for anyone looking for buying a domain.

After all, how often do you remember any site name NOT HAVING a “.com” domain?

Some of the examples of common TLD (Top Level Domain) are:

Extension	Purpose	Examples
.com	Used for commercial purposes	Amazon.com,adobe.com
.io	Officially assigned to British Indian Ocean Territory commercially operated by Afilias (used for startup companies, games, and other uses that are tech-oriented)	Krunker.io,Lowfruits.io,altar.io
.edu	Used for educational purposes	it.cornell.edu,alaska.edu
.org	For setting up organizations and related entities (for non-commercial uses)	wikipedia.org,geeksforgeeks.orgarchive.org
.net	For setting up a network of entities (especially involved in the business of ISP or even infrastructure-based companies)	Slideshare.net,php.net

Okay now that we know what is a domain all about let’s talk about domain flipping.

What is Domain Flipping?

A domain flipping is buying and selling a domain to make money out of it.

It is just like flipping furniture where you buy and sell used furniture for money.

This process can be simply explained in 3 basic steps as also explained above in the video:

Buying a domain

The first step to selling something is obviously to buy it.

This is a crucial step because you have to do your own homework and research for your own domain what you want to buy?

Buying a good domain to flip would need 2 things in essence:

• Platform to buy the domain.
• Having the ability to find a good domain with enough research backing it up.

Note: This also needs giving enough time and being patient with the process as well.

This is where you need to make the right call as to which domain to buy. 

Where can you buy a domain from?

A domain can be bought from domain registrars.

Domain registrars perform the duty of maintaining a registry of the domains purchased and sold and managing them.

Along with this who is responsible for affixing an IP address for your domain as well.

Some of the popular domain registrars that you must have heard of include:

• GoDaddy
• BlueHost
• Hostgator
• Namecheap
• DreamHost
• Hostinger etc.

One must be really careful while buying a domain from a domain registrar as there are lots of pros and cons associated with it.

Here’s a great article on “The Best Domain Registrars in 2022” to know further about this.

What is the cost of buying a domain?

The cost of buying ONLY a domain is usually around $11 (INR 850).

This domain “workformylife.com” is simply the Sitename and extension that we register for with a registrar.

This cost is only for 1 year time period and this doesn’t include Hosting cost (if looking for) as well.

However, if you increase the holding period to a maximum of 10 years for a domain, this comes to around $130…not bad, isn’t it?

Can you hold the ownership of a domain lifelong?

The answer is “No”.

A domain is like a rented property where you are allowed to stay on rent as long as you are willing to pay the rent.

Over here one needs to pay domain renewal fees as long as one wants to have the ownership of the domain.

What should be the ideal extension for a domain?

As we read before a domain name comes with a Sitename and extension.

Having the right domain is always crucial when it comes to its saleability.

Thus one must look at buying TLD (Top Level Domains) while looking to purchase a domain.

Domains that come with the .com extension carry more relevance than other domain extensions in general.

As you can see the extension “.com” for the domain name “mylifemyrules.com” is a premium extension in comparison to “.in” or “.info” extensions.

We will discuss this further in the subsequent section “How to start with domain flipping”.

Valuation for the domain

Okay now we have a domain in hand, but how do we determine the valuation of the domain and know what it is worth?

One can use several tools that can help give you an estimate of the valuation of a domain.

One such tool is “GoDaddy’s free domain worth valuation” (screenshot above).

Remember that the valuation given here is just a base reference and should not be considered the final amount.

There are several things that aren’t factored in in this valuation, such as:

• Current traffic estimate that the domain might be receiving.
• How strong the SEO has been taken care of for the domain.
• Any monetization methods implemented have been overlooked by GoDaddy.

But one of the major benefits of using such a tool is that it provides a comparable valuation of other domains similar to your name.

This gives a fair enough idea of where your standing is.

Listing the domain for sale

The final step is listing the domain up for sale.

There are several things to remember while listing a domain for sale, such as:

• Platform to list the domain for sale.
• To seek services such as escrow services for ensuring that the sales go smoothly.
• Finding a good price range to execute the sale and more.

Some of the best in the business platforms when it comes to listing domains for sale include:

• Flippa
• Sedo
• NameCheap
• Domain
• GoDaddy
• NamePros

One must consider the costs incurred for purchasing the domain and holding it on till the point of sales. 

A few things which can help in getting a good value for a domain include:

• Brand friendly.
• Short Name of the domain (preferably under 15 characters).
• Monetization (if any).
• Having a TLD (Top Level Domain).
• Good authority with valuable backlinks and SEO score.
• Relevant to a specific niche for what one is looking for.
• Beings a good amount of traffic every month etc.

This can help one can put a valuation to it to determine its listing price (sales price) of it.

We will discuss in detail about this below.

How much money can you make flipping domains?

The answer can’t be defined with just one figure. 

With all honesty, it all depends on how well you time buying and selling the domains.

People have made a full-time living selling domains and some have even incurred losses without getting anything at all.

Examples of success stories of domain flipping

Here’s are some examples of success stories of how much people made flipping domains (selling domains):

• Jody made a profit of $2,316.40 from an investment of $11 for a domain that she sold holding for around 4 years (video above)
• Another person on Twitter mentioned that he sold a domain for more than $435000 (approached by GoDaddy) which was purchased for $16 (This is a return of around 2.7 million times the investment).
• Swetha Yenugala has sold 5 “.xyz” domains for $115,547, as shared from her Twitter handle.

This goes to show the potential is huge and limitless.

Generally, if your domain is valuable you can expect to make around 30 – 40 x times the return (minimum) on the investment while flipping it for sale.

It’s completely a business and relies upon your experience and skill to make money online of it. 

FYI, here’s a list of some of the top 3 best domains that have been flipped to date:

carinsurance.com	Sold for $49.7 million in 2010
insurance.com	Bought for $35.6 million in 2010
vacationrentals.com	Bought the domain for $35 million in 2007

Here’s an interesting video that shows a list of all the domains acquired for hefty valuations.

Okay, you have seen all the figures and know quite a good number of stats associated with domain flipping.

But what about its profitability in the long term, can it be considered a viable business?

Is flipping domains profitable in the long term?

As per reports of Domain Name Industry Brief, Q4 2021 had a registration of close to 341.7 million domains across all TLDs.

As per BusinessWire, by the year 2027, there is a projection of industry size to reach upto 512.3 million domains at a growth rate of 5.9%.

What do these stats indicate to us?

Definitely, it’s a green signal that the future is definitely bright and belongs to the ones who are interested to make a mark.

This mode of making money online holds 2 interesting aspects:

• There will never be a shortage of domains that hold prospects for profitability and 
• There will always be buyers interested in getting their hands on the domain as well.

Thus one can definitely enter this market to make a fortune and earn a full-time living out of it.

Another added advantage is the low cost and zero barriers to entry.

After all, anyone can buy a domain for merely $10-$20 and can sell it for millions. 

What else can you ask for to get started in a business?

But the main question that arises as a beginner is How do we get started with domain flipping…

How to start with flipping domains? (Beginner’s Guide)

As a beginner, there are certain things that you can do to get started in the business of flipping domains:

Do your own research before buying any specific domain

The first thing to understand when it comes to flipping domains is to do your homework right before getting started.

What do I mean by this? 

If you are considering buying a domain do proper research about the domain.

Here are some things to consider on how to do your research before buying a domain:

Gather the entire history of the domain

The history of a domain usually means looking at its past data to know about its whereabouts.

Many times domains become expired which are again put for auction for reselling.

There could be several reasons behind the expiry of a domain, one of which could be a drop in traffic or maybe being penalized.

Usually have a look at internetarchive.org (Wayback Machine) to look into the snapshots of the past data of the site.

This gives you a fair enough idea of how the site was in the past.

Look for the name in a domain

What’s in a name?

Well, everything is in the name. Consider this, let’s suppose that there are 2 domains that you are eyeing for flipping, such as

• myfirstcar.com or
• cars.com

Which one would you buy?

You would definitely look to buy “cars.com”. 

The reason is it is easier to remember and thus can fetch more value when it comes to its resell value.

Avoid domains that can cause any issues

There can arise some issues when it comes to domains.

As you can see above “amazonshopamerica.com” is available for purchase in GoDaddy for registration and that too is under $5.

But what does this domain resemble you?

From the domain, it seems somewhere being connected to “Amazon” and its related service in the US.

This can be a cause of a trademark issue and can attract a legal lawsuit against the buyer for using the trademarked name of “Amazon” in the domain.

So one must avoid getting into such domains for any legal complications.

Thus before buying any domain look for its associations with:

• any brands, 
• local agencies, or 
• any other legal entities that can remotely be associated with your domain.

Look for Top Level Domain always

As of December 31, 2021, an estimated domain that was registered with the “.com” extension was around 160million. 

This goes to show that the world is crazy for the TLD extensions.

While you are looking for the domains, go for TLD domains that are available, such as

• .com,
• .net,
• .org,
• .io, etc

This is always advised for the obvious reason because the TLDs are easily recognized and can be sold off with ease as well.

So make sure you target the top-level domains while looking to buy a domain.

Follow the GGBT method while buying a domain to increase the chances of successful flipping

GGBT method, what exactly is that?

Well, it’s something that I have straight away given an acronym for you in this post, which is as follows:

G – Look for General names in a domain

This strategy is based on looking for words in a domain that can explain a product or a service.

These general (generic) Top Level Domains come from basically 7 domains that are most popular to date on the internet:

• .edu
• .com
• .int
• .gov
• .net
• .mil
• .org

G – Names that represent a geographical location

The next G in the list is the one that is looking for domains that can help a community based upon a geographical location.

These can be a good investment when it comes to building upon a domain.

If someone is looking for organizing an event in a location and needs a domain for that, they would look up it.

This can take a good amount of time and research, but eventually one can make good money out of it.

B – Buying business names in a domain

What kind of business name am I talking about?

Suppose there is a good dentist in your town who has been gaining good popularity.

Now, what are the chances of buying at a domain for the business?

In this tech era, everyone looks up to the presence online rather than going for other routes of communication.

So a dentist in Colorado may look for a domain like “coloradodentist.com” or maybe “thecoloradodentist.com”…my best guess😑.

This domain name comprises the business name “dentist” in it and can be valuable as such.

Also, you can note that it has the presence of a geographical location such as “colorado” as well.

T – Domain-based upon the timeline of events

Is there any local or global event coming up next for you?

There is going to ICC Men’s world cup in the year 2023.

A quick search for the domain shows a value close to $29,930.

What does this indicate?

This is a domain that comprises a timeline event, i.e. “2023” and also has an event associated with it, i.e. “CricketWorldCup”.

This can bring a ton of traffic and thus a lot of revenue opportunities at the time of the world cup and thus holds such a premium value to it.

This is the 2027 cricket world cup domain which is merely available for under $5.

It also shows that the domain can be valuable for $5590 with the 2 keywords combined, i.e. “Cricket” and “World”.

Don’t always look into a domain with the objective to sell it 

Buying a domain solely with the objective of selling it away shouldn’t be the end goal always.

Sometimes a domain that you buy can give you massive returns if you decide to put time into it and build it further.

This is obviously going to take time and effort but as they say, “patience is the key to success”.

Many times brand new domains that can present a possibility of building further can give you better success than simply selling them right away.

So it will be your decision to invest or not to invest time and money into building a domain.

This can be a key factor to decide while you research for a good domain to buy for flipping.

Find the value of your domain

Okay so now you have done your research following above and have selected a domain to buy to get started with.

After registration of the domain, we have to look for the valuation aspect.

This has been discussed in brief earlier but let’s get to the details.

The valuation for a domain can comprise a lot of factors, but here are a few that can help you get started:

How many people are visiting your domain (traffic of your domain)

This is an obvious factor and doesn’t need any explanation at all.

But what’s the best local market shop in your area?

Where do you head over to frequently to buy your stuff?

It must be quite simple, a shop which would be having more visitors daily would be the one in high demand always.

This is equally true when it comes to any domain.

The higher the traffic that a domain receives, the higher the value that the domain brings.

Relevance of your domain associated with a specific niche being targetted

A domain can say a lot about a specific niche that is being targeted.

Consider this, “money.com” and “passiveearningonline.com”.

Where would you like to head over to if you are looking to find passive sources of earnings in life…🙂

I am quite sure it would be “passiveearningonline.com” as the domain name indicates.

So what a user needs can be determined just by the name of the domain.

Thus anyone who would be looking to buy a site for passive earnings content would like to place a higher bet on the second domain (passiveearningonline.com).

This would make the second domain more valuable for targeting the niche related to making passive earning online and related topics.

Now you have another reason why I chose this domain…😎

TLD domains always hold a higher value than others

As you can see from above, TLD with a “.com” extension has a valuation of $3680.

But at the same time “.in” and “.co” domains come under a $5 valuation…👀.

This goes to show the TLD as discussed above holds a premium value always for any domain.

Having said this one shouldn’t completely the importance of a domain that can suit a geographical location.

Someone who is targeting a specific geographical location such as India would be keen to buy a domain with the “.in” extension.

Over here buying a “.in” extension-based domain would be more beneficial than other TLDs.

Has the domain been monetized in any way

Look for the monetization of the domain.

Is there any source of income that the domain currently generates such as

• Adsense, 
• Affiliate sales, or 
• Digital product sales

If your domain is bringing any money then you can definitely pocket a higher valuation than any other non-monetized domain.

It is more obvious as anyone would be keener to buy a domain that is already bringing in money.

So this can be a major factor in deciding the valuation for a domain.

Does the domain consist of a search-friendly keyword

Again this can be self-explanatory.

Consider this, “carinsurance.com” and “insurance.com”. 

Which is more likely to show up higher in Google SERPs keeping other factors constant when someone searches for car insurance.

You would definitely bet for “carinsurance.com”.

Thus having a search-friendly keyword in the domain name can definitely add value to the domain.

The close resemblance of a domain to a brand

Is your domain synonymous with any brand in any way?

A domain that is short, easy to remember, and gives clarity of understanding holds a much higher value than anything else.

Try getting a domain under 15 characters.

Many brands look for these when selecting a name for a brand.

Consider these 2 domains:

• “ilovemydog.com” and
• “ilmd.com”

Looking at these 2 domains, it is quite reasonable to understand that the first domain is easier to build a brand with.

As the domain name signifies something related to dogs and can be branded in that direction.

The second domain is simply kind of an acronym of the first domain and doesn’t hold any meaning at all.

Look for the SEO value of a domain

The SEO value of a domain speaks of how well the domain is search optimized for search results.

This generally has the following attributes that one can obtain such as:

• Domain Authority (preferably higher than 20 is better)
• Backlinks
• Estimated Monthy Traffic
• Keywords ranking and more.

The higher the SEO score of a domain, the higher the valuation that can come from it.

Note: To get a quick assessment of the value of a domain, try the GoDaddy appraisal tool or Flippa Valuation Tool.

List the domain at the right platform for sale

This is the last step when it comes to flipping for a profit.

This is where you look for prospective buyers to sell (flip) your domain for a profit.

There are several websites where you can list your domain up for sale. 

We will cover the best platforms that can help you to flip domains for money, such as:

Flippa

As the name suggests, Flippa is one of the big platforms which can help you to flip domains for money.

Flippa helps to sell domain names which include:

• Ecommerce sites
• Blogs
• Mobile applications
• Social Media Accounts and more.

Quick insight about Flipping Domains using Flippa

Here are some of the insights related to Flipping Domains using Flippa:

Year Founded	2009
Digital Assets Sold	Over 0.3 million assets sold
Listing Fees to Use Flippa	Domains – $10,Starter Sites and Apps – $15,Established Websites – $49
Upgrades for usign Flippa	$29 – $399 depending upon the duration and reach required for
Selling Fees on Flippa	5% – 10% success fees depending upon the value of the domain sold for.
How long does it take to sell on Flippa	1 month (average as per Flippa)

How to sell a domain using Flippa?

Selling a domain on Flippa usually involves the following 3 steps, which are:

Listing the asset for sale on Flippa

The first and foremost step to selling an asset on Flippa is listing the asset on the platform for sale.

Flipppa states that it takes less time usually under 15 mins to complete the process.

When you are listing for an asset you need to provide any additional details such as:

• Domain name
• Monetization methods (if any)
• Give a suitable description for the domain etc.

Finding the suitable buyer

Once it’s listed on the site it’s time to find the right match for the buyer who is interested to buy the site.

Flippa helps to find the potential buyers who would be interested to buy your domain.

This helps to find the right bid for your domain and give the right price you are looking for.

Sell the domain

As you get hold of the right buyer interested in your domain, it’s now time to execute the sale.

While selling the domain, you need to pay the success fees and also listing fees as applicable to make a successful sale.

This is the last step and here you can complete the sales process altogether.

NamePros

Next up on this list is NamePros. 

This site has one of the largest communities of members who own domain with almost around 1 million members on board.

The site tagline says “Buy, Sell and Discuss Domain Name Names”.

Here are a few key features of NamePros:

• The site has a community of more than a million members who are actively participating in the forum discussions to help out each other.
• Users can register at the site and list their domains for sale.
• There is a new website by the name of “dan.com” which has been added to NamePros to make buying and selling experience available to all.

NameCheap

Although NameCheap is majorly known as the hosting provider. But they started out as a platform to buy and sell domains.

The platform can be used for multiple purposes including the domain sale as well.

Key insights related to NameCheap?

Here are some of the key insights related to NameCheap:

Year Founded	2000
No of the domains registered at NameCheap	16 million (Less than 3%)
Commission Charged	10%
How much can you sell a domain at NameCheap	$5 – $1,000,000
Rating	4.7 / 5

How to sell a domain at NameCheap?

Following are the steps related to selling a domain at NameCheap:

• If you hold multiple domains, segregate the ones which you want to sell.
• Set the pricing of the domain to get a potential buyer interested in buying your domain.
• Put the domain up for sale and let others know you are ready to sell it.
• Take care of the expiration period set beyond which you are not allowed to list the domain for sale.

Sedo

This is another large platform for domain buying and sales. 

SEDO stands for “Search Engine For Domain Offers”.

The platform hosts multiple services such as:

• Domain Appraisal.
• Broker-related services.
• Smooth and easy transfer services between the buyer and the seller.

Quick insights about Sedo

Here are some of the quick insights related to Sedo:

Year Founded	2001
No of the domains registered at Sedo	0.7 million domains
Types of sales allowed for Domains	Marketplace Auction, Direct Auction, Auction Events
Charges applicable for selling domains at Sedo	Starts at 3% expedited transfer fees. (Click here for complete information)
Domain Appraisals Charges	$99 one time fees

How to sell a domain on Sedo?

Sedo has a variety of options available to sell a domain as per your preference, such as:

Buy Now Option to sell a domain

This option allows the sale of a domain with a success rate of 300% higher than other options discussed.

It directly sells your domain at a fixed price from Sedo’s marketplace.

There are no listing fees charged here.

Make an offer

Start communicating directly with the buyers to receive interesting offers and negotiate upon an agreed price.

Marketplace auction

Put a domain up for sale as an auction on the marketplace having the original offer as the reserve price.

There are no initial fees applicable here.

Direct Auction

Reach a larger buyer base by listing your domain @ $59 and putting it on the homepage of the site.

Auction Events

These are curated handpicked domains selected by the domain experts at Sedo (high-grade domains) to get more exposure.

This starts at $10.

Broker Service

This is taking the help of a broker who can help execute a seamless domain transfer by contacting a potential buyer interested in buying the domain.

There are zero upfront costs involved in this.

GoDaddy

GoDaddy doesn’t need an introduction when it comes to managing business-related to Webhosting and domains.

This platform is one of the giants in the industry and powers so many domains across the globe.

Quick insights related to GoDaddy

Here are some quick insights related to GoDaddy:

Year Founded	1997
Commission Rates	10% to 20% depending upon the sales price
Payment Methods Supported	ACH, eCheck, PayPal, or Wire Transfer
The best feature of GoDaddy	Getting listed on Afternic gives access to over 75 million monthly searches
What are the pricing methods in GoDaddy?	List Price – Price that the buyer sees on the Afternic network of registrars. Floor Price – Price set for making negotiation by the Afternic sales executive (usually 20-30% lower than list price)
Rating	4.6 / 5

How to sell a domain in GoDaddy?

Selling domains on the GoDaddy platform involves the following:

Find the market value of the domain

This step involves getting a value for the domain you are looking to sell.

GoDaddy’s domain appraisal tool helps to get the value and gives you a realistic price to sell the domain for.

Fill in the WHOIS information for the site

Make your website have the necessary information on WHOIS, it enables the domain to be visible to all.

This gives visibility to the buyers and gives the necessary information as required.

Set up a sale page on the Afternic

List the domain on Afternic (which has a huge audience) and link it with the GoDaddy account.

GoDaddy auctions also enable to give the wider audience who are interested to buy…

This opens up a “Buy Now” feature, as well as traditional auction settings, enabled as well.

Note: GoDaddy auctions can be availed at $4.99 a year.

For more information on the listing types and auctions at GoDaddy, visit here.

Okay, we have discussed the platforms for selling domains.

Let’s look at some of the things beginners need to know before starting out selling domain names.

Tips for beginners on how to make money selling domain names

Here are certain things for beginners to know to get into flipping domains for money:

Start small by buying domains

If this is the first time you are testing the waters to buy and sell domains, then start small.

Look for cheap domains that are usually in the range of $10-$100.

This will give you a good feel of what’s like to start from scratch in the business of domain flipping.

There are enough opportunities to flip domains

It’s a common perception that all the good domains have been already purchased.

This gives the impression that there is no chance left to pick a good domain.

But being patient and having an active approach towards hunting down a domain can land you a good domain.

Had it been easy everyone would have been making money using a computer…🙂.

The ocean is deep and wide for everyone to catch a fish, one must have the patience to catch it at the right time.

Take services of an escrow service to smoothen out the process

Beginners should take the help of escrow services who are looking to make money online.

This reduces the extra headache and the possibility of losing out on any money.

Essentially taking the help of escrow services helps to act as a mediator between a buyer and a seller when it comes to selling a domain.

Escrow takes care of the following:

• Helps to ensure that the money is collected from the buyer and 
• Ensures that the seller transfers the rights and ownership of the domain to the seller.

So consider taking the help of escrow services when you are getting started selling domains.

Not a get rich quick scheme

As with any other legitimate ways to make money online it is surely not a one-night affair.

It takes patience, time, and willingness to learn the tricks of the game.

As much as you see and want to hear it is easy to make money online under an hour from this model, it’s far from true.

But the best part is its still viable and a profitable way to make money long run.

Ask anyone who has made profits in any business ever, and they will say:

• it’s not gonna be easy and 
• certainly, advise you not to give up early.

So hang on and keep going as a beginner when starting out.

Be prepared to take risks (small and calculated risks) to learn and excel later on.

Start as a side hustle

One can definitely do this part-time and learn about it as a side hustle while starting out.

Doing something part-time and seeing where it goes can certainly be the right approach to start with.

As promising as it sounds it’s always fair to test the waters and not consider it full time from the very beginning.

Assess our situation at first and see how much are you willing to invest?

After all, it’s like any other business at the end of the day and you need to assess things up front to make a correct assessment.

Okay so we have covered up most of the part of the topic, but you are still unsure if it’s the right bet for you?

Let’s dig into some of the pros and cons of flipping domains.

Pros and Cons of flipping domains

Here are the pros and cons of flipping domains:

Pros of flipping domains

Here are the pros of flipping domains:

• Easy to get started with no barrier to entry.
• Involves low upfront costs to buy a domain to flip.
• Anyone can start buying a domain (inexperienced ones as well)
• No worries about inventory costs, storage costs, or anything that sort of.

Cons of flipping domains

Here are the cons of flipping domains:

• Can take months and years to sell a domain for profits.
• Uncertainty in the probability of generating profit from selling domains.
• Has a small risk associated with the flipping domain.

If you closely assess the pros and cons of these flipping domains, the pros outweigh the cons associated with flipping domains.

After all flipping domains is just like trading shares for profit at the end of the day.

The better skilled you are in this game the more money you will make eventually.

Who can start to make money selling domain names?

Well, the answer is simple, anyone can start flipping domains to make money online.

Anyone who is interested to learn and implementing the learnings can make money in the process.

All it takes is patience and an appetite to invest some amount of money upfront.

So if you are someone who can invest a small sum to buy a domain and hold it long enough to make a profit you can definitely make money selling domain names.

Make money from 1 high-quality article and 1 email outreach

In this process all you got to do are 3 things:

Step-1

First, find a YouTuber who doesn’t have a website or a blog. Start writing articles for the videos that he publishes online.

Write at least 10 articles and select 1 high-quality article from the lot of 10 articles.

Step-2

Reach out to the YouTuber highlighting the importance of a blog/website and mention that you will help them set up a blog.

Once the YouTuber agrees to your proposal create a website and start putting blogs in that website.

Step-3

Write the blogs for the YouTuber and start charging a steady income of fixed standard rates as per freelancing norms.

This is a WIN-WIN for both YouTubers and Freelance content writers.

YouTubers will start making additional revenue along with their YouTube channel and the freelance content writers will make a steady income equivalent to the number of videos that are being uploaded.

Start finding 10 YouTubers who upload 3 videos in a month and suddenly you have a steady income coming by to your account.

If you would like to know the detailed steps involved, click here to follow.

Conclusion on how to money selling Domain Names

If you ask me about making money selling domain names then I would say there can be nothing better than this when it comes to making money online.

Anyone willing to get started should do it right away and start hunting for valuable domains which are worth a lot of money.

As such the best platforms to use to make money online selling domain names are:

• Flippa
• Sedo
• NameCheap
• GoDaddy
• NamePros

FAQ on how to make money selling domains online