How much to offer for domain on first page of Google?
I'm just getting started with IM. After some research I found a domain that ranks #7 on the first page of Google. There is nothing else to it, it's essentially an empty "Hello World" Wordpress blog.
I'm wondering if I should offer the owner to buy the domain and build my first site. This could be a great way for me to get some first hand IM experience.
Here some more details:
Google result: #7 for exact keyword (Page Rank 0)
Domain age: 3 years
About the keyword:
Searches each DAY: 800 broad, 200 exact
Competition: 150,000 phrase matches for keyword
Competition:
Some big sites are ranking for the top spots.
I think I can get the site up to #4 in the results.
Monetization strategy:
I would set up a basic site with unique content and put up ads to related products.
My question to you experienced IM'ers is now: how much do you think I should offer for this domain and is it even worth considering?
Is there anything else that I should consider before offering to buy this domain?
As I said, I'm new to Internet Marketing and can't yet judge how much revenue potential we are talking about. I have a strong IT/business background and am familiar with SEO and the technical details so that should not get in the way.
I'd appreciate any suggestions!
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⨠Here's How to Make Your First $177 Online
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