How To Make Quick Income Using Penny Domains

TheRealDomainer · 11-30-2008, 09:35 AM

How to Make Making money from domain name on the internet has become much easier than ever before.

Why most people miss domain business is not because they don’t have good domain names, but because the y are focusing only waiting to sell for four figures after they have heard of the dotcom boom with domains.

Domain parking, buying and selling is an art every domainer need the right strategies, skill and tools to master. And one good strategy to actually make money is by busing penny domains.

What are Penny Do mains? Penny Domains are domains you can buy off from the owners with as little as $20 to $50 and resell it in no time for a bigger price.

What you need are as follows:

1. You can visit domain parking and auctioning and brokers companies, search for penny domains(less costly domains) and buy the m and list them back there. These domains must however be of traffic.

2. You can also check for key-word-term domains and register them and re sell them cheaply.

How then can you sell them? Once you have made a purchase, list them in domain related forums, add them in auction/bidding domain companies and buyers will come.
Start buying and selling domains while you also grow your portfolio and keep the ones you will sell for a hi re price in the future based on other factors.

My advice therefore is that you should start today in growing your penny domain portfolio and sell weekly and over time; you will discover you have made more money than single big sale.

Jeremy Kelsall · 11-30-2008, 09:42 AM

I've never done much with the domain selling or site flipping business model, but from all of the products and threads about it lately, it looks like it might be something that might be worth looking at.

Thanks for the reminder.

Charann Miller · 11-30-2008, 03:00 PM

There are too many fantastic ideas in this forum and this is just one of them I want to try. So it really is possible to make a nice stream of income flipping domain names? I'm assuming that this is the bare bones domain name that this doesn't include a website?

Lee MacRae · 11-30-2008, 03:31 PM

Why would you call them "penny domains" if you buy them for $20?

TheRealDomainer · 12-01-2008, 02:59 AM

Quote:

Originally Posted by Lee MacRae

Why would you call them "penny domains" if you buy them for $20?

Lee, they are penny domain names because you buy them from the owner for just that ammount and then resell them.

Domains are sold for above $1,000.00 from the owners and this is a standard. But the secret to penny domains are that you buy them for cheap price and resell..., especially some expiring domains.

MatthewBass · 12-01-2008, 07:35 AM

I've sold a few domains and made some nice cash. I've never bought/sold though, someone actually contacted me and asked to purchase the domains.

If a person was serious about getting into the game then where would the best place be to sell domains other than domain/site flipping forums?

TheRealDomainer · 12-01-2008, 09:18 AM

Mathew, As I said earlier, I will give you the following places where you can sell:

number one is sedo.com
Number two is afternic.com
These are two pro and reliable sites where you can sell your domain names

wealthmaker2008 · 12-01-2008, 10:33 AM

Ya I agree that those are the best domain sites but you really dont know which domain names are gonna be a good investment and which could loose you money. I just think there are easy ways to skin the bottom of the pool.

I.M.Retired · 12-01-2008, 12:12 PM

I have been developing and selling domains and websites for more than four years now - it has always been a money making proposition for me, though I've never hit the infamous bazillion dollar sale mark for any domain.

But I'm now getting out of the domain and website flipping business. My husband and I are getting into the 'retirement mode' in a big way, and I am limiting my Internet Business to two primary websites. And you know, I'm really looking forward to this. There does come a time....

11-30-2008, 09:35 AM	#1
TheRealDomainer Banned Join Date: Nov 2007 Location: , , USA. Posts: 459 Thanks: 9 Thanked 61 Times in 29 Posts Social Networking Contact Info	How To Make Quick Income Using Penny Domains How to Make Making money from domain name on the internet has become much easier than ever before. Why most people miss domain business is not because they don’t have good domain names, but because the y are focusing only waiting to sell for four figures after they have heard of the dotcom boom with domains. Domain parking, buying and selling is an art every domainer need the right strategies, skill and tools to master. And one good strategy to actually make money is by busing penny domains. What are Penny Do mains? Penny Domains are domains you can buy off from the owners with as little as $20 to $50 and resell it in no time for a bigger price. What you need are as follows: 1. You can visit domain parking and auctioning and brokers companies, search for penny domains(less costly domains) and buy the m and list them back there. These domains must however be of traffic. 2. You can also check for key-word-term domains and register them and re sell them cheaply. How then can you sell them? Once you have made a purchase, list them in domain related forums, add them in auction/bidding domain companies and buyers will come. Start buying and selling domains while you also grow your portfolio and keep the ones you will sell for a hi re price in the future based on other factors. My advice therefore is that you should start today in growing your penny domain portfolio and sell weekly and over time; you will discover you have made more money than single big sale.

11-30-2008, 09:42 AM	#2
Jeremy Kelsall Senior Warrior Member War Room Member Join Date: Dec 2007 Location: , , USA. Posts: 6,797 Blog Entries: 3 Thanks: 1,050 Thanked 3,673 Times in 1,257 Posts	Re: How To Make Quick Income Using Penny Domains I've never done much with the domain selling or site flipping business model, but from all of the products and threads about it lately, it looks like it might be something that might be worth looking at. Thanks for the reminder.
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11-30-2008, 03:00 PM	#3
Charann Miller Advanced Warrior War Room Member Join Date: Aug 2008 Location: New Zealand Posts: 713 Thanks: 79 Thanked 78 Times in 43 Posts	Re: How To Make Quick Income Using Penny Domains There are too many fantastic ideas in this forum and this is just one of them I want to try. So it really is possible to make a nice stream of income flipping domain names? I'm assuming that this is the bare bones domain name that this doesn't include a website?

11-30-2008, 03:31 PM	#4
Lee MacRae HyperActive Warrior War Room Member Join Date: Dec 2005 Location: The Great White North Posts: 200 Thanks: 8 Thanked 30 Times in 26 Posts	Re: How To Make Quick Income Using Penny Domains Why would you call them "penny domains" if you buy them for $20?
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12-01-2008, 07:35 AM	#6
MatthewBass Active Warrior War Room Member Join Date: Nov 2008 Posts: 64 Thanks: 3 Thanked 5 Times in 5 Posts	Re: How To Make Quick Income Using Penny Domains I've sold a few domains and made some nice cash. I've never bought/sold though, someone actually contacted me and asked to purchase the domains. If a person was serious about getting into the game then where would the best place be to sell domains other than domain/site flipping forums?

12-01-2008, 09:18 AM	#7
TheRealDomainer Banned Join Date: Nov 2007 Location: , , USA. Posts: 459 Thanks: 9 Thanked 61 Times in 29 Posts Social Networking Contact Info	Re: How To Make Quick Income Using Penny Domains Mathew, As I said earlier, I will give you the following places where you can sell: number one is sedo.com Number two is afternic.com These are two pro and reliable sites where you can sell your domain names

12-01-2008, 10:33 AM	#8
wealthmaker2008 Active Warrior Join Date: Nov 2008 Location: miami,fl Posts: 53 Thanks: 3 Thanked 1 Time in 1 Post	Re: How To Make Quick Income Using Penny Domains Ya I agree that those are the best domain sites but you really dont know which domain names are gonna be a good investment and which could loose you money. I just think there are easy ways to skin the bottom of the pool.

12-01-2008, 12:12 PM	#9
I.M.Retired Senior Warrior Member War Room Member Join Date: Nov 2005 Posts: 1,215 Thanks: 764 Thanked 262 Times in 158 Posts	Re: How To Make Quick Income Using Penny Domains I have been developing and selling domains and websites for more than four years now - it has always been a money making proposition for me, though I've never hit the infamous bazillion dollar sale mark for any domain. But I'm now getting out of the domain and website flipping business. My husband and I are getting into the 'retirement mode' in a big way, and I am limiting my Internet Business to two primary websites. And you know, I'm really looking forward to this. There does come a time....