5 Tips for Monetizing Domain Names
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Most online marketers have a portfolio of undeveloped domain names that they are holding on to until they have time to use them to create a website. Why let those domains languish on the back burner, when they could be making passive income for you while you plan what you will do to develop them.
Here are five different methods that you can try to monetize undeveloped domain names:
1. Domain parking service
A domain parking service allows you to redirect your unused domain to their servers where they will optimize it and place ads on it to capture the natural traffic that the domain is attracting. You receive a portion of ad sales.
Here are three domain parking services that you might want to check out:
Another option for monetizing domain names is to create a quick AdSense site using an AdSense template. It will attract some organic search engine traffic without too much trouble after you get everything all set up.
3. Mini affiliate blog
Use an affiliate marketing template and set up a mini affiliate blog using a few keyword optimized posts, and if you like, an automated RSS plugin to keep adding relevant content. You can set it and forget it and make some money on the affiliate commissions.
4. Re-direct the traffic to an affiliate site
If the domain name is keyword optimized to a particular affiliate program, you can set up a script and redirect the natural traffic that the domain may attract to the affiliate offer.
5. Re-sell the domain name
There often comes a time when you decide that you are not ever going to do anything with a domain name and you decide to sell it. Check with your domain registrar because most offer a domain auction service. Sedo.com is another marketplace for selling undeveloped domain names.
If you've got a huge list of undeveloped domains you've got to develop a system to track your domains so that you know when they are getting close to their expiration dates, etc. You can create a spreadsheet to keep all of your domain information such as:
For some people buying and selling domain names is a complete business model. Of course if you decide to go that route you'll want to learn a lot more about the industry and how to get started. But if you've just got a few domains laying around that you bought on a flash of inspiration, but now you don't know when you'll ever get the time to develop them, we've shared some good tips for making money from them.
Monetizing domain names is one way to make money online. If you'd like to learn more about how you can build and grow an online business, visit http://mcreasite.com/blog today.
Here are five different methods that you can try to monetize undeveloped domain names:
1. Domain parking service
A domain parking service allows you to redirect your unused domain to their servers where they will optimize it and place ads on it to capture the natural traffic that the domain is attracting. You receive a portion of ad sales.
Here are three domain parking services that you might want to check out:
- sedo.com
- imonetize.com
- namedrive.com
Another option for monetizing domain names is to create a quick AdSense site using an AdSense template. It will attract some organic search engine traffic without too much trouble after you get everything all set up.
3. Mini affiliate blog
Use an affiliate marketing template and set up a mini affiliate blog using a few keyword optimized posts, and if you like, an automated RSS plugin to keep adding relevant content. You can set it and forget it and make some money on the affiliate commissions.
4. Re-direct the traffic to an affiliate site
If the domain name is keyword optimized to a particular affiliate program, you can set up a script and redirect the natural traffic that the domain may attract to the affiliate offer.
5. Re-sell the domain name
There often comes a time when you decide that you are not ever going to do anything with a domain name and you decide to sell it. Check with your domain registrar because most offer a domain auction service. Sedo.com is another marketplace for selling undeveloped domain names.
If you've got a huge list of undeveloped domains you've got to develop a system to track your domains so that you know when they are getting close to their expiration dates, etc. You can create a spreadsheet to keep all of your domain information such as:
- Domain name
- Registrar
- Admin email
- Username
- Password
For some people buying and selling domain names is a complete business model. Of course if you decide to go that route you'll want to learn a lot more about the industry and how to get started. But if you've just got a few domains laying around that you bought on a flash of inspiration, but now you don't know when you'll ever get the time to develop them, we've shared some good tips for making money from them.
Monetizing domain names is one way to make money online. If you'd like to learn more about how you can build and grow an online business, visit http://mcreasite.com/blog today.