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Could this be monetized?

by MagicAce
10 replies
If you have a talent of finding catchy domain names that are not already used, could you make money from it?
#monetized
  • Profile picture of the author Shaun OReilly
    A couple questions...

    Are people already looking for that type of service?

    Are there any competitors offering a similar service?

    If not, you may end up being a pioneer who needs
    to go through the time-consuming effort of doing the
    work necessary to see if the idea works or not.

    To me, it sounds like you have solution in search of
    a problem, rather than finding people with an already
    existing problem who actively looking for a solution.

    Go after people who are already looking for the product
    or service you have to offer.

    Sell what's already selling - it's a lot easier.

    Dedicated to your success,

    Shaun
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    • Profile picture of the author oneplusone
      Originally Posted by Shaun OReilly View Post

      A couple questions...

      Are people already looking for that type of service?

      Are there any competitors offering a similar service?

      If not, you may end up being a pioneer who needs
      to go through the time-consuming effort of doing the
      work necessary to see if the idea works or not.

      To me, it sounds like you have solution in search of
      a problem, rather than finding people with an already
      existing problem who actively looking for a solution.

      Go after people who are already looking for the product
      or service you have to offer.

      Sell what's already selling - it's a lot easier.

      Dedicated to your success,

      Shaun
      Great reply Shaun!

      S harp
      H onourable
      A rticulate
      U nbelievable
      N oteworthy
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      'If you hear a voice within you say "you cannot paint," then by all means paint and that voice will be silenced.' Vincent Van Gogh.
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  • Profile picture of the author Barry Unruh
    Originally Posted by MagicAce View Post

    If you have a talent of finding catchy domain names that are not already used, could you make money from it?
    Catchy or "Keyword rich"?

    Big difference in value to most of us.
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  • Profile picture of the author DNChamp
    i sell "catchy" domains all the time (ebay, google, yahoo type) and yes they can be monetized BUT you must promote it as your BRAND...it wont sell itself since its brandable, hence your BRAND
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    • Profile picture of the author MagicAce
      How do I promote domains as my brand?
      Signature
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      • Profile picture of the author Daniel44
        Hi there MagicAce,

        Anything online can be monetized if you go about it the right way. A lot of people talk about SEO but that is only one way to gain traffic, if you have a good blog or an excellent sales page on something that sells (but lots of competitors) then use alternative methods. These include social marketing if you have a recreational website, forum marketing, article marketing etc. There are lots of ways to get a website 'out there'!

        Just build your list from all of these sources. These can then generate backlinks and boost your SEO anyway

        An example I can instantly think of is a flash game I used to play in my early high school years, it now has 10,000 active players at any ONE time. But if you search Google for "flash rpg" you won't find it until the sixth page.

        Daniel
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  • Profile picture of the author Keyword Prodigy
    Yes, definitely. You can always sell these domains to people.
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  • Profile picture of the author john17
    Originally Posted by MagicAce View Post

    If you have a talent of finding catchy domain names that are not already used, could you make money from it?
    You are going to have elaborate a bit. Does catchy mean sellmyhouse.com or does it mean you are finding made up words that could potentially be a hit?

    Of course this can be monetized.
    Set up a blog or a social network on the domain names you find.
    Post relevant, good content every single day for 30 days and be sure to track traffic statistics.
    Put the domain name up for sale at sedo.com or flippa.com.

    Not saying you are going to make big money, but you can surely turn a $10 investment into a couple hundred dollars.

    The more time you can spend to make the domain valuable the better.

    Even better idea would be to crank out a product associated with the domain name and put it on clickbank. Work on driving traffic to it and making sales and then sell it on flippa. A domain name is much more appealing and valuable if it is getting good traffic and making sales.
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