(ThePennyWatcher.com) – Flipping domain names can be very lucrative, no doubt. In the side hustle world of online marketers it’s a pretty big thing.
Some entrepreneurs have hundreds if not thousands of hand picked domains that are attractive to an array of verticals and niches.
These domains are bid upon to the highest bidder, and they go for big money in many cases.
Sure it takes research, but the upside is tremendous and the cost is fairly minimal, with you as a domain purchaser on the front end only paying for what it costs.
Yes, there are certain platforms markersters use. Let’s take a look at a few.
Domain Platforms
Popular options include GoDaddy and NameCheap, both of which offer competitive rates for domain registration.
We all are familiar with GoDaddy who offers web hosting, email accounts, and website builders that can help you quickly turn a newly acquired domain into an income-generating website.
They garner a whopping 84 million users!
NameCheap also offers a huge database of available domains, and also provide some other nifty features like privacy protection and free DNS management which is widely used by their customer base.
Google Domains fairly recently launched their service. Enough said as it’s Google. They have everything you need.
Domain Names To Look For
Domains that are highly sought after typically are .coms that reside in a specific niche, or perhaps so simple and easy to remember that they garner the interest if so many.
Some notable success stories include the sale of the following domains for mllions. You can see how basic, short, and valuable these domain names are. if you can get your hands on one, you may have a gold mine in your posession.
- Hotels.com sold for 11 million in the early 2000’s
- FB.com was sold for over 8 million dollars to Facebook from The Farm Bereau Federation in 2010
- Voice.com was sold for 19 million in 2019
- VT.com was recently acquired by Patrick Bet Davids media company Valuetainment for speculated millions.
You can see how big of a business this can be for the right fit. And it makes sense for you to keep and eye out for expiring domains – these are domains that were previously registered but recently allowed to expire due to lack of payment or interest. These could be quite lucrative for domain flippers!
There are many popular news related sites these days as well, so many names that speak to a daily news brand can be attractive to purchasers.
Flip on Flippa
Flippa.com is one of the most popular sites to flip your domain names. It’s easy to use, and you can quickly find buyers looking for the type of domain names you have.
And Flippa offers a range of services such as an escrow service to help protect both the seller and buyer in any transaction.
There’s a helpful forum where users can discuss industry trends, tips and advice on how to successfully flip domains.
Keep your eye out for those short and concise domains, and good luck.
