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What is this?

by anuvaflippa
3 replies
So I've been curious about domain flipping for the last 6 months now and during this time the little bit of research I've done (i.e. lightly peeking at domain auction sites and forums like this one) is telling me its not as easy as I think and I'm not going to make enough to substitute a good paying 9 to 5 job. Therefore I've been brainstorming how I can better my chances of making a great profit doing this and one idea is to, well, sell domains based on ideas.

I'm a bit of an idea man and I have web design and development skills. I figure I can come up new marketable domain names, build a quick & dirty web app that's relative to it, SEO & social market it, watch the traffic and the buzz rise and then sell it (domain and all)... all in a couple of weeks or month. The goal, as I see it (I could be missing something more valuable), is to push the value of the domain up so it can sell very high at the auction. I can care less about giving away potentially great ideas (and subsequently valuable companies) with the domain - turning ideas into big business is more of a gamble then making a quick buck in my opinion.

Is this idea new? If not, what is it called? If so, what would I need to look into to further this type of thing?
  • Profile picture of the author Darren Hodgson
    This is an old and saturated idea. Some time ago you could make real money from it, however, people are more savvy now. To make real money from it you need to prove that it's already getting lots of traffic and making money. This is how the website is valued and also the difficult part.

    If it's not getting traffic and making money you'll not make much of a living from it unless you crank out 100's if not 1000's of websites
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  • Profile picture of the author anuvaflippa
    I see where you're coming from. I think what's missing in this discussion is a clear understanding of the players and the production - who are the "people" you're referring to and what platform/scene/arena?
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  • Profile picture of the author jackjeanne
    The majority of my efforts and good output. all the traning proper information about your product there are a very useful thing.
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