Domain Flipping Question

distinctly_digital · 10-12-2009, 12:57 PM

Hi Guys,

I've decided I want to try my hand at flipping domains but want to ask a few questions first. Is the basic idea to find a domain, purchase it for $6 or similar, then put it on Sedo or equivalent and hope someone pays you a lot more for it?

Should I purchase the domains for more than 1 year or does it not matter?

Any other tips would be great

Cheers

TravisWrites · 10-12-2009, 01:12 PM

I honestly don't see flipping just domains as very profitable. It's a hard to get a domain that anybody would pay more than $10 for. You can try to buy premium or dropped domains at low prices, and try to sell them at a higher price, but that requires a lot of investment. To me, flipping domains is just not reliable.

I think it's a better idea to build an actual stie on the domain, then try to flip the site. In my opinion, the market is just better and someones is always going to pay at least more than what you invested into the site.

-Travis

M Thompson · 10-12-2009, 01:15 PM

Quote:

Originally Posted by TravisWrites

I honestly don't see flipping just domains as very profitable. It's a hard to get a domain that anybody would pay more than $10 for. You can try to buy premium or dropped domains at low prices, and try to sell them at a higher price, but that requires a lot of investment. To me, flipping domains is just not reliable.

I think it's a better idea to build an actual stie on the domain, then try to flip the site. In my opinion, the market is just better and someones is always going to pay at least more than what you invested into the site.

-Travis

100% correct the money is in adding value to the site, it's far to easy to get a domain name that is just as useful as one that it being sold at a premium.

George Wright · 10-12-2009, 03:26 PM

Hi,

Expanding on your "method" (the op)

Buy the domain. Sell it locally with a simple website. I.E. .....

I see you live in Watford. Buy the domain TheBestFloristInWatford.com or WatfordsBestFlorist.com etc.

Now send an offer to all the Florists in Watford. That's it.

Of course you don't have to limit yourself to your location. With the Internet you can sell TheBestFloristInDetroit.com

George Wright

distinctly_digital · 10-13-2009, 12:56 AM

Thanks for the tips guys. I had planned on going for some quite generic 2 word domains, but will probably change this now.

Thanks again

10-12-2009, 12:57 PM	#1
distinctly_digital HyperActive Warrior Join Date: Mar 2009 Location: Watford, England Posts: 167 Thanks: 2 Thanked 4 Times in 4 Posts Social Networking	Domain Flipping Question Hi Guys, I've decided I want to try my hand at flipping domains but want to ask a few questions first. Is the basic idea to find a domain, purchase it for $6 or similar, then put it on Sedo or equivalent and hope someone pays you a lot more for it? Should I purchase the domains for more than 1 year or does it not matter? Any other tips would be great Cheers
	SEO Hertfordshire ......If I've said something you don't understand please ask :)..... Essential Mix

10-12-2009, 01:12 PM	#2
TravisWrites The Warrior Dad Join Date: Jun 2009 Posts: 59 Thanks: 7 Thanked 9 Times in 9 Posts	Re: Domain Flipping Question I honestly don't see flipping just domains as very profitable. It's a hard to get a domain that anybody would pay more than $10 for. You can try to buy premium or dropped domains at low prices, and try to sell them at a higher price, but that requires a lot of investment. To me, flipping domains is just not reliable. I think it's a better idea to build an actual stie on the domain, then try to flip the site. In my opinion, the market is just better and someones is always going to pay at least more than what you invested into the site. -Travis
	Travis

10-12-2009, 03:26 PM	#4
George Wright You R GREAT if you are A War Room Member Join Date: Jul 2002 Location: Shakey/Sunny CA, USA. Posts: 5,372 Blog Entries: 31 Thanks: 1,496 Thanked 752 Times in 269 Posts	Re: Domain Flipping Question Hi, Expanding on your "method" (the op) Buy the domain. Sell it locally with a simple website. I.E. ..... I see you live in Watford. Buy the domain TheBestFloristInWatford.com or WatfordsBestFlorist.com etc. Now send an offer to all the Florists in Watford. That's it. Of course you don't have to limit yourself to your location. With the Internet you can sell TheBestFloristInDetroit.com George Wright
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10-13-2009, 12:56 AM	#5
distinctly_digital HyperActive Warrior Join Date: Mar 2009 Location: Watford, England Posts: 167 Thanks: 2 Thanked 4 Times in 4 Posts Social Networking	Re: Domain Flipping Question Thanks for the tips guys. I had planned on going for some quite generic 2 word domains, but will probably change this now. Thanks again
	SEO Hertfordshire ......If I've said something you don't understand please ask :)..... Essential Mix