How to make $142 a day

13 years ago

This is a great little strategy that works well because many offline companies will pay for a promise of more exposure and more customers.

You can find many of these domains right now by using this tool expireddomainboss.com. Just check for .coms and put the geo location like "denver" at the beginning or the end and make sure the phrase is something that people actually use to search for local businesses.

The best thing to do is to put up a little site on these domains, get it ranked on page 1 over the next few weeks, and then sell it for even more than $150.

What you're doing here is shortcutting your way to money by getting in front of people that want to buy what you have.

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Mike McAleer

13 years ago

Originally Posted by Ryan Sorensen

This is a great little strategy that works well because many offline companies will pay for a promise of more exposure and more customers.

You can find many of these domains right now by using this tool expireddomainboss.com. Just check for .coms and put the geo location like "denver" at the beginning or the end and make sure the phrase is something that people actually use to search for local businesses.

The best thing to do is to put up a little site on these domains, get it ranked on page 1 over the next few weeks, and then sell it for even more than $150.

What you're doing here is shortcutting your way to money by getting in front of people that want to buy what you have.

Yes $150 is a low end average sale but still a very good one. I usually go for quick sales and just keep the money flowing though so do not build up pages on the domains.

Also FreshDrop.net is a good resource.

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RyanT

13 years ago

I like it.

How are you not pulling in 6 figures with this method at this point?

It sounds like you could simply Buy 10 domains, hairdresser.com 5starrestaurants.com etc etc and just put a location in front or behind the name.

Spend roughly $80 getting 10, sell all 10 for $150 make $1,500 in a day. Or at least a week. And even in a week 1500 would equal out to somewhere around 80,000 a year.

Why not amp it up? If it's working so well you should be rich.

Oh and what kind of email are you sending out?

Something like "This is the perfect domain for your business! Get more visitors equaling more sales!"

Or do you have a pre-built list you market to?

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Mike McAleer

13 years ago

Originally Posted by RyanT

I like it.

How are you not pulling in 6 figures with this method at this point?

It sounds like you could simply Buy 10 domains, hairdresser.com 5starrestaurants.com etc etc and just put a location in front or behind the name.

Spend roughly $80 getting 10, sell all 10 for $150 make $1,500 in a day. Or at least a week. And even in a week 1500 would equal out to somewhere around 80,000 a year.

Why not amp it up? If it's working so well you should be rich.

Oh and what kind of email are you sending out?

Something like "This is the perfect domain for your business! Get more visitors equaling more sales!"

Or do you have a pre-built list you market to?

The point is you have to find a good one and not all sell. But yes this is a very reliable method that could bring in 6+figures easily.

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George Chernikov 13 years ago

Gene from NamePros posted the very same method here a few years back. In theory, it works; in practice, it's very hard to convince local mom-and-pop owners about the value of something as digital and ephermal as a domain name, especially when they already have a website set up (and if they don't, then you also have to sell them on the value proposition of a website).

I'm not saying it can't be done, but I'd be very curious to hear about more details from the OP.

Regarding ExRat's post - as I understand it, there is a distinction between spam and simply approaching someone with a commercial offer. If you take a very rigid definition of what constitutes spam, you'll end up saying that you can never, ever approach people with a business proposition through e-mail, unless you have had some contact with them first. Thoughts?
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mandark

13 years ago

This is a cool idea that I hadn't thought of. But how do you phrase such an e-mail diplomatically.. "Hi, I own a domain for your company.. want it?" It sounds a bit awkward, even fishy. How do you phrase those emails and what percent of them actually respond and want the domain?

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HigherPrThanGod 13 years ago

It all sounds good until you hit the part of getting it sold. I have a very valuable local.com niche domain, actually getting clients WEEKLY in it's niche and I CAN'T get any serious buyers.

I've emailed at least 10 companies and haven't even gotten an email response back. I've even sent them free customers. They've got their head up their arse or something.:confused:
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SimpleSpencer

13 years ago

Hi FreshDomains -

Awesome idea man! I gotta try this...

I'm curious to know about your email structure on these as well.

Thanks!
-Brady

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Lou Diamond

13 years ago

Hello,
I think you will get some nasty emails back and a possible beating as well.
Professional photographers have been doing this angle for years.

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MarkWrites

13 years ago

I did something similar to this off and on a couple of years ago with decent results. I'd set the site up in Wordpress and then include as a bonus with the domain an ebook I had written (with my affiliate links for hosting and other items) about how to use Wordpress.

Like I said, the results were good, but sometimes finding contact info for enough of the possible end users took a long time.

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paulie888

13 years ago

Originally Posted by MarkWrites

I did something similar to this off and on a couple of years ago with decent results. I'd set the site up in Wordpress and then include as a bonus with the domain an ebook I had written (with my affiliate links for hosting and other items) about how to use Wordpress.

Like I said, the results were good, but sometimes finding contact info for enough of the possible end users took a long time.

I have used a variation of this as well before in the past, and I can say with confidence that the finding and registering of the domains is the easy part. The much harder (and more unpredictable) part is the contacting of prospects - sometimes it may take hundreds of emails to find someone willing to buy, and it may take weeks before money finally exchanges hands. It can also be somewhat difficult locating some email addresses in Google Places as well.

I'm not saying that it's impossible to flip one of these domains overnight, but it can be pretty unpredictable. Some sales may come very quickly, some may take a while, and some domains just won't get sold no matter how hard you try.

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Mike McAleer

13 years ago

Originally Posted by paulie888

I have used a variation of this as well before in the past, and I can say with confidence that the finding and registering of the domains is the easy part. The much harder (and more unpredictable) part is the contacting of prospects - sometimes it may take hundreds of emails to find someone willing to buy, and it may take weeks before money finally exchanges hands. It can also be somewhat difficult locating some email addresses in Google Places as well.

I'm not saying that it's impossible to flip one of these domains overnight, but it can be pretty unpredictable. Some sales may come very quickly, some may take a while, and some domains just won't get sold no matter how hard you try.

Even if you sell one in ten for $150 that is still at least $50 profit! And also you can put some money into more valuable names that are not local.

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paulie888 13 years ago

Originally Posted by FreshDomains

Even if you sell one in ten for $150 that is still at least $50 profit! And also you can put some money into more valuable names that are not local.

I don't disagree with this. All I'm saying is that it can be rather unpredictable, and it may take much longer than just one hour per domain to get them sold.
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MarkWrites

13 years ago

Originally Posted by paulie888

I have used a variation of this as well before in the past, and I can say with confidence that the finding and registering of the domains is the easy part. The much harder (and more unpredictable) part is the contacting of prospects - sometimes it may take hundreds of emails to find someone willing to buy, and it may take weeks before money finally exchanges hands. It can also be somewhat difficult locating some email addresses in Google Places as well.

I'm not saying that it's impossible to flip one of these domains overnight, but it can be pretty unpredictable. Some sales may come very quickly, some may take a while, and some domains just won't get sold no matter how hard you try.

Unpredictable to say the least!

Even when finally contacting a local business owner who saw the value, you run into the mindset of "I already have a website and domain that is the name of my business, why would I want another website?" Their focus is not always the same focus that would make them an immediate buyer, and rightfully so too.

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hardikvg

13 years ago

ya, sounds good. But it would be great if you could post a sample of your email structure.

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MarksExtra

13 years ago

I am so doing this. As this has been on my mind alot lately. I would spin it a bit though and get the page ranked on first page. Keep the price low to keep it an impulse buy. Also, I've been thinking you only have to google "the industry" and then cross reference with the phone book to find out who doesn't yet have a website.

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HiAbby

13 years ago

Not a bad idea at all, and I would venture to say that the more specific and personal the email is, the better it will sell. A template email might not produce the best results.

Also, seems like a decent way to get stuck with a closet full of useless domains since this is a pretty hit or miss kind of thing.

That being said, if you were to sell 1 site for $150 for every 18 domains that you purchased, you'd still be making a few bucks so I guess the risk isn't too bad.

Thanks for sharing, I will check out your report when I have a couple of spare hours.

<3 Abby Elaina

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mkonate

13 years ago

That is a great idea my friend....

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matt5409

13 years ago

Originally Posted by FreshDomains

1) Register a local domain name/owner's name domain name/any name that describes a product/service name such as "BillsRestaurant.com" or "PhiladelphiaInteriorDesign.com". Cost =$8
2) Send out emails to any prospects that might be interested in the names. You can use Google Maps for this purpose or Yellow Pages.
3) Wait for the emails to roll in and accept your best offer. Determine how much you want to receive for your name. $150 is more than 1000 percent return. Say you sell the name for $150. Income: $150

Total: $150-$8=$142

You could easily do this amount everyday with only an hour or two of work (registering, sending out emails, checking emails, receiving payment)

$142 a day= $51830 a year just doing this. Not bad but can easily be improved upon.

You may have heard of this method before but it is a good one to learn and implement. I personally do this part time( I go to school and am 17yrs old) and make a good income with it. This is only one of my methods too.

Good luck.

I know I didn't include every nut and bolt here but just ask me questions if you have them.

it's a nice idea but it's a lot of effort -collecting and sending emails, negotiating offers. i also don't think it's something you could do EVERY DAY...

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Frank Murphy 13 years ago

You are pretty good for a 17 year old. Wish I had started when I was your age! LOL..
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Qamar

13 years ago

There is a Wso teaching this method. You can even get it rank high on first page Google and offer rental service/ advertising space on the site. This can generate recurring income.

Qamar

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ExRat

13 years ago

Hi,

To any of you answering that you do/have done this, I'd be interested to hear exactly what you do regarding this part -

2) Send out emails to any prospects that might be interested in the names. You can use Google Maps for this purpose or Yellow Pages.

...in order to comply with the laws regarding unsolicited commercial emails?

Just as an example, do you send the emails out via your own domain on a commercial web host, or do you use something like gmail?

Thanks in advance.

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Chris Worner

13 years ago

Originally Posted by ExRat

Hi,

[SNIP]

Thanks in advance.

I was wondering how long it would take somebody to ask this, and not surprisingly, it was you.

Chris

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NikkiDelgado

13 years ago

Nice idea! I would also like to know how you phrase the email!

Please give us an example
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Originally Posted by BacklinkBrady

Hi FreshDomains -

Awesome idea man! I gotta try this...

I'm curious to know about your email structure on these as well.

Thanks!
-Brady

Originally Posted by mandark

This is a cool idea that I hadn't thought of. But how do you phrase such an e-mail diplomatically.. "Hi, I own a domain for your company.. want it?" It sounds a bit awkward, even fishy. How do you phrase those emails and what percent of them actually respond and want the domain?

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Mike McAleer

13 years ago

Originally Posted by ExRat

Hi,

To any of you answering that you do/have done this, I'd be interested to hear exactly what you do regarding this part -

...in order to comply with the laws regarding unsolicited commercial emails?

Just as an example, do you send the emails out via your own domain on a commercial web host, or do you use something like gmail?

Thanks in advance.

I will send out the emails via Yahoo Mail.

There is a whole discussion here about emailing end users.

I do not want to give it all away as I will likely have a WSO in the future. Anyhow, Rob Thayer's WSO "Insane Domain Gains" already details this greatly.

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Richard Van 13 years ago

[DELETED]

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- Mike McAleer 13 years ago
  
  Originally Posted by Richard Van
  
  Have you read Robs post 2 above yours yet?
  
  Yes I have. He emailed me as well.
  
  Listen guys, I am an experienced flipper so I wanted to buy the NameDropper tool from Rob which is great by the way. I also got this report which detailed a domain flipping solution which I already knew.
  
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ExRat

13 years ago

Hi FreshDomains,

Originally Posted by FreshDomains

I will send out the emails via Yahoo Mail.

There is a whole discussion here about emailing end users.

I do not want to give it all away as I will likely have a WSO in the future.

I had a quick look at that discussion and what they are suggesting is to go to the SERPs for the same phrase as the domain name, then find websites which are trying to rank for that phrase and contact them - which is nothing like what you suggested -

Send out emails to any prospects that might be interested in the names. You can use Google Maps for this purpose or Yellow Pages.

And the reason for this is because 'I will likely have a WSO in the future.'

Now I understand why the Main Discussion forum is currently FUBAR.

It's full to the brim of barely useful, often misleading and untested presells for WSOs. If it's good for Harlan, it's good for the masses...

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Wayne-JJ

13 years ago

Originally Posted by ExRat

And the reason for this is because 'I will likely have a WSO in the future.'

Now I understand why the Main Discussion forum is currently FUBAR.

It's full to the brim of barely useful, often misleading and untested presells for WSOs. If it's good for Harlan, it's good for the masses...

I hope the Main Discussion forum doesn't become one of the 'marketing tools', nowadays more and more threads appear to be nothing more than a presell...

This section is not for presells, it's for discussions and warriors sincerely helping each other.

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greatseoservice

13 years ago

I honestly doubght that this will work. Op how much money did you make with this. Honestly

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SeoWizzard

13 years ago

I read many so called "guides" about domain flipping. I could've wrote the details too even if I hadn't applied the principles. All is easy when said in words, but do you actually think that you can find 1 buyer per day that pays $150 or more on a domain? You need some serious luck there to be able to sell so fast.

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Mike McAleer

13 years ago

Originally Posted by SeoWizzard

I read many so called "guides" about domain flipping. I could've wrote the details too even if I hadn't applied the principles. All is easy when said in words, but do you actually think that you can find 1 buyer per day that pays $150 or more on a domain? You need some serious luck there to be able to sell so fast.

Not much luck is needed at all. All you need is some common sense, some time, and a good work ethic to succeed.

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Black Hat Cat

Banned 13 years ago

Originally Posted by FreshDomains

Not much luck is needed at all. All you need is some common sense, some time, and a good work ethic to succeed.

So, you think registering a near worthless domain name for $8 and then selling it to a clueless business owner for $150 is a good work ethic? And it's interesting that you mentioned common sense, as you're banking on the hope that those you're selling to have none, lol.

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MarksExtra

13 years ago

Originally Posted by Black Hat Cat

So, you think registering a near worthless domain name for $8 and then selling it to a clueless business owner for $150 is a good work ethic? And it's interesting that you mentioned common sense, as you're banking on the hope that those you're selling to have none, lol.

I can tell you. If he registered my business' name because I was too busy/lazy to worry about a web site and approached me? It wouldn't be "near worthless" to me. That doesn't make me clueless or without common sense either. It makes me busy, lazy, a non-techie type, somoeone who doesn't understand marketing, etc... Good work ethic does not equal dumb work ethic. Good work ethic can simply mean working smarter; ater all; he took the initiative; not the business owner. There's two sides to every story. Just sayin'. The kids in high school and you're reading him the riot act. Seriously?

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daj

13 years ago

Originally Posted by MarksExtra

I can tell you. If he registered my business' name because I was too busy/lazy to worry about a web site and approached me? It wouldn't be "near worthless" to me. That doesn't make me clueless or without common sense either. It makes me busy, lazy, a non-techie type, somoeone who doesn't understand marketing, etc... Good work ethic does not equal dumb work ethic. Good work ethic can simply mean working smarter; ater all; he took the initiative; not the business owner. There's two sides to every story. Just sayin'. The kids in high school and you're reading him the riot act. Seriously?

Common sense would be to not register a trademarked business domain, unless you want to get sued. Only generic domains should be registered (aka: CityBusiness.com, CityJobTitle.com). Registering something like BillsRestaurant.com can you get into trouble if it's trademarked or a registered business domain. You should always check Trademark Electronic Search System (TESS) just to be sure.

I realize he's young, and apparently got this method from one of Rob Thayer's WSO's. Rob Thayer isn't even a "known" name in the domain industry, not to be rude. I've never heard his name or ebooks ever mentioned on any domain forum. He apparently just sells his WSO's on here to newbies. :rolleyes:

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Mike McAleer

13 years ago

Originally Posted by daj

Common sense would be to not register a trademarked business domain, unless you want to get sued. Only generic domains should be registered (aka: CityBusiness.com, CityJobTitle.com). Registering something like BillsRestaurant.com can you get into trouble if it's trademarked or a registered business domain. You should always check Trademark Electronic Search System (TESS) just to be sure.

I realize he's young, and apparently got this method from one of Rob Thayer's WSO's. Rob Thayer isn't even a "known" name in the domain industry, not to be rude. I've never heard his name or ebooks ever mentioned on any domain forum. He apparently just sells his WSO's on here to newbies. :rolleyes:

Honestly stop pretending like I am dumb or something. I did not get this from Rob's WSO. I knew this method beforehand and Rob's report gives a nice step by step guide. I also bought the NameDropper tool which just happened to come with the IDG report as a bonus.

And by the way such a common name as Bill's restaurant you can not get in trouble because it is actually such a common name. Now Facebook.com, how many facebooks are there? ONE! There are many Bills Restaurants though.

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daj

13 years ago

Originally Posted by FreshDomains

Honestly stop pretending like I am dumb or something.

I don't think you're dumb, but I think you're making it sound like such an easy process. You claim in your first post, "You could easily do this amount everyday with only an hour or two of work." and then you say "I can make that "in a day" when I have the time."

You'd be really lucky to have $142 in your paypal account in a two hour time-frame from the time you register a domain, send out emails to prospects, and find a buyer. People don't readily email you back in most cases. It can take weeks to get a response (if you ever do get a response back) as most of these emails end up in another's spam folder. Also if you are using escrow it makes the process even longer.

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Rob Thayer

13 years ago

Originally Posted by daj

I don't think you're dumb, but I think you're making it sound like such an easy process. You claim in your first post, "You could easily do this amount everyday with only an hour or two of work." and then you say "I can make that "in a day" when I have the time."

You'd be really lucky to have $142 in your paypal account in a two hour time-frame from the time you register a domain, send out emails to prospects, and find a buyer. People don't readily email you back in most cases. It can take weeks to get a response (if you ever do get a response back) as most of these emails end up in another's spam folder. Also if you are using escrow it makes the process even longer.

From someone who has worked this method, I can tell you that you are correct. It usually takes anywhere from a week to a month (and sometimes longer) to complete the whole process. You would be very lucky to find a buyer and do a deal inside of a day, let alone a few hours.

I think that the point that FreshDomains was making is that if you routinely implement this method, you could generate $X per day, on average. I don't think he ever said you could make it inside of one day. You may sell no domains one day, three the next, and one the day after. It depends on how much effort you put into it and how aggressive you are about contacting people.

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Mike McAleer

13 years ago

Originally Posted by daj

I don't think you're dumb, but I think you're making it sound like such an easy process. You claim in your first post, "You could easily do this amount everyday with only an hour or two of work." and then you say "I can make that "in a day" when I have the time."

You'd be really lucky to have $142 in your paypal account in a two hour time-frame from the time you register a domain, send out emails to prospects, and find a buyer. People don't readily email you back in most cases. It can take weeks to get a response (if you ever do get a response back) as most of these emails end up in another's spam folder. Also if you are using escrow it makes the process even longer.

I do agree with this but I do have a secret method that I use that I have the AIM handles of domain buyers.

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Rob Thayer

13 years ago

Originally Posted by daj

I realize he's young, and apparently got this method from one of Rob Thayer's WSO's. Rob Thayer isn't even a "known" name in the domain industry, not to be rude. I've never heard his name or ebooks ever mentioned on any domain forum. He apparently just sells his WSO's on here to newbies. :rolleyes:

Sorry I don't live up to your expectations. The fact is that I really don't spend much time on any forums, including the WF. I prefer to spend my time actually out there doing things and putting my plans into motion. I have been for the last 10 years.

Why is it that everyone who puts out a WSO is blasted for "taking advantage of newbies"? I guess unless you're a big name "guru" like Frank Kern or Mike Filsaime (who also get blasted), you don't know anything and have no business writing from your own experience. It seems the ones who complain the loudest are those who either haven't made a cent with IM or wish they had the balls to do something themselves.

I stand by my WSOs and anything else I produce. I don't prey on newbies or anyone else.

By the way, in addition to my three WSOs I've also written three books on programming for Sams. I guess I was preying on those newbie programmers too, huh?

And yeah, your comments were really rude and ignorant.

Thanks
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Mike McAleer

13 years ago

Originally Posted by Rob Thayer

Sorry I don't live up to your expectations. The fact is that I really don't spend much time on any forums, including the WF. I prefer to spend my time actually out there doing things and putting my plans into motion. I have been for the last 10 years.

Why is it that everyone who puts out a WSO is blasted for "taking advantage of newbies"? I guess unless you're a big name "guru" like Frank Kern or Mike Filsaime (who also get blasted), you don't know anything and have no business writing from your own experience. It seems the ones who complain the loudest are those who either haven't made a cent with IM or wish they had the balls to do something themselves.

I stand by my WSOs and anything else I produce. I don't prey on newbies or anyone else.

By the way, in addition to my three WSOs I've also written three books on programming for Sams. I guess I was preying on those newbie programmers too, huh?

And yeah, your comments were really rude and ignorant.

Yeah I mean who is DAJ anyway? I think Rob's WSO's are great.

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daj

13 years ago

Originally Posted by Rob Thayer

Sorry I don't live up to your expectations. The fact is that I really don't spend much time on any forums, including the WF. I prefer to spend my time actually out there doing things and putting my plans into motion. I have been for the last 10 years.

Why is it that everyone who puts out a WSO is blasted for "taking advantage of newbies"? I guess unless you're a big name "guru" like Frank Kern or Mike Filsaime (who also get blasted), you don't know anything and have no business writing from your own experience. It seems the ones who complain the loudest are those who either haven't made a cent with IM or wish they had the balls to do something themselves.

I stand by my WSOs and anything else I produce. I don't prey on newbies or anyone else.

By the way, in addition to my three WSOs I've also written three books on programming for Sams. I guess I was preying on those newbie programmers too, huh?

And yeah, your comments were really rude and ignorant.

I have no expectations of you, I just found it a bit odd how you joined this thread in the beginning to say how you felt backstabbed by FreshDomains for letting others know about this method of flipping domains. As if it's something he stole from your WSO, as if it's some secret method you invented, when its been talked about for free on domain forums for years.

Your message to him:

Originally Posted by Rob Thayer

"He got this idea from one of my own WSOs. I've been emailing him back and forth for the last week, answering some questions he had about Internet marketing. Needless to say, I was a bit surprised to find this thread. Honestly, I feel kind of stabbed in the back by this kid.

And yes, it would be possible to make $142 a day with this method if you put some effort into it."

I have never heard of you before on any domain forum. I didn't say that to hurt your ego. You may be the "PRO" that you claim you are in your WSO pre-sell, but from my experience most domainers learn everything about the industry on domain forums from those who make a steady income from domaining. It's the best place to learn about domain flipping, IMO. I just found it odd how you're on here selling WSO's on domain flipping, yet I can't even find one mention of you or your ebooks on any domain forum.

Thanks
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Rob Thayer

13 years ago

Originally Posted by daj

I have no expectations of you, I just found it a bit odd how you joined this thread in the beginning to say how you felt backstabbed by FreshDomains for letting others know about this method of flipping domains. As if it's something he stole from your WSO, as if it's some secret method you invented, when its been talked about for free on domain forums for years.

He kind of mixed a few methods together in his original post. One I have heard about many, many times and the other I had never heard about because I don't hang around in those forums. Do I think I was the first one to think it up? No, not at all. All I knew is that it was something that has worked consistently for me in the past, and that I had no knowledge of any other product or forum thread that talked about it. I guess my biggest crime is not spending the bulk of my time hanging out in every forum on the Internet to make sure I didn't accidentally write about a topic you already knew about.

Originally Posted by daj

I have never heard of you before on any domain forum. I didn't say that to hurt your ego. You may be the "PRO" that you claim you are in your WSO pre-sell, but from my experience most domainers learn everything about the industry on domain forums from those who make a steady income from domaining. It's the best place to learn about domain flipping, IMO. I just found it odd how you're on here selling WSO's on domain flipping, yet I can't even find one mention of you or your ebooks on any domain forum.

One thing that I should clear up is that domaining is not my primary focus. I've bought and sold domains long before you ever joined the WF and still do it now, but I spend most of my time these days with CPA marketing and ecommerce. In the last 10 years I've pretty much done it all, from e-mail marketing to large-scale media buys. But since I don't choose to spend my time on any forums talking about any of those things and trying to make a name for myself, I guess I should just keep my knowledge to myself and never write about those topics, either.

I've learned a lot from forums like the WF, though I spend most of my little time here trying to help others where I can. I prefer to learn by actually doing, not by spending hours reading forum threads.

Thanks
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Mike McAleer 13 years ago

Originally Posted by Rob Thayer

..... I prefer to learn by actually doing, not by spending hours reading forum threads.

I love that Rob. Doing is the best thing for learning. The best learning experiences are those where you learn by yourself.
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Mike McAleer

13 years ago

Originally Posted by daj

I have no expectations of you, I just found it a bit odd how you joined this thread in the beginning to say how you felt backstabbed by FreshDomains for letting others know about this method of flipping domains. As if it's something he stole from your WSO, as if it's some secret method you invented, when its been talked about for free on domain forums for years.

Your message to him:

I have never heard of you before on any domain forum. I didn't say that to hurt your ego. You may be the "PRO" that you claim you are in your WSO pre-sell, but from my experience most domainers learn everything about the industry on domain forums from those who make a steady income from domaining. It's the best place to learn about domain flipping, IMO. I just found it odd how you're on here selling WSO's on domain flipping, yet I can't even find one mention of you or your ebooks on any domain forum.

Rob's ebooks are good and why does it matter if he sells them on domain flipping? These methods have worked for him and he gives a great step by step plan on how to do big things with this method. Where do "make money online" ebooks sell? In the WSO section! I haven't heard of domain ebooks being sold for lots or even at all in domain forums.

I am also going to agree with you daj that namepros forums were great to me when I was first learning about domain flipping.

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bilzz

13 years ago

wow ..it would be very decent income in one day .thanks for sharing this great idea

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ohta

13 years ago

This sounds clean but I think meeting the owner of the company in person would be a lot better.

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PromoAds

13 years ago

not a bad idea, thanks

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1 reply

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ExRat

13 years ago

Hi George,

How are you doing?

Thoughts?

As I'm sure you know, the laws vary in different areas. There are certain criteria required when sending UCE, which of course varies depending on where you are.

My points are -

The OP doesn't mention this and no one has answered my question.

Even when complying with the law, complying with your web host/autoresponder is an entirely different kettle of fish.

As for this from the OP -

this is a very reliable method that could bring in 6+figures easily.

If you believe this, I've got a bridge for sale.

Proof anyone? Thought not...

Seriously, the level of discussion here has suddenly dipped to the equivalent of a bunch of teenagers telling tall stories and the spammers, one-liners and all of the other rubbish are taking note and increasing their posts accordingly. It's a shame.

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George Chernikov

13 years ago

Originally Posted by ExRat

Hi George,

How are you doing?

Good, good - incredibly busy at work these days, but keeping an eye on the forums still.

Originally Posted by ExRat

Seriously, the level of discussion here has suddenly dipped to the equivalent of a bunch of teenagers telling tall stories and the spammers, one-liners and all of the other rubbish are taking note and increasing their posts accordingly. It's a shame.

Hey, this sounds like a great opportunity to debate morality of spam and the importance of correct values in everyday life! Who's with me? :-)

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rjademegillo

13 years ago

Thanks men . . . I will try this one. I hope this work for me.

Thanks

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offlinemarketer

Banned 13 years ago

Originally Posted by FreshDomains

1) Register a local domain name/owner's name domain name/any name that describes a product/service name such as "BillsRestaurant.com" or "PhiladelphiaInteriorDesign.com". Cost =$8
2) Send out emails to any prospects that might be interested in the names. You can use Google Maps for this purpose or Yellow Pages.
3) Wait for the emails to roll in and accept your best offer. Determine how much you want to receive for your name. $150 is more than 1000 percent return. Say you sell the name for $150. Income: $150

Total: $150-$8=$142

You could easily do this amount everyday with only an hour or two of work (registering, sending out emails, checking emails, receiving payment)

$142 a day= $51830 a year just doing this. Not bad but can easily be improved upon.

You may have heard of this method before but it is a good one to learn and implement. I personally do this part time( I go to school and am 17yrs old) and make a good income with it. This is only one of my methods too.

Good luck.

I know I didn't include every nut and bolt here but just ask me questions if you have them.

I have a question. Your thread title is "How to make $142 a day"

Do you make $142 a day?

[ 2 ] Thanks

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imaviators

13 years ago

let say there is a existing brand/shop e.g zeesweatshop . and we buy the domain zeesweatshop.com .. wouldnt be a chance where the brand will sue us for using their registered brand in the domain?

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Kierkegaard

13 years ago

I tried something similar a few years back.

I would collect brochures/leaflets from businesses in my area and then create a website that looked similar to the brochure. When the website was done, I'd go back to the store, introduce myself and show them the website on my laptop. It wasn't live, just viewed in IE from the files on my hard drive.

Basically, it was a total waste of time.

I'd charge £195 which included domain and hosting. Very few took me up on the offer. Many claimed to already have a website when actually it was simply their contact details included on a local busines websites. Some thought it was a great idea but wanted a totally different design.

All-in-all after a while I was spending so much time making not much money and putting up with annoying people that I just gave up.

With the OP's proposed idea, what would most likely happen is:

Use the businesses trading name and they'll threaten to sue you. You'll be seen as some kind of rip-off merchant trying steal their business name and sell it back to them.

Use a closely-related name and convince the business that its a good idea and they'll just do a little research and register a similar one at Godaddy for a few dollars.

People running successful businesses aren't often saps. Getting them to part with money is a tall order.

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Ronald Nzimora

13 years ago

This menthod is simple.You need luck to succeed in it. nevertheless, lets give this menthod a trial.

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Smitten

13 years ago

Ah, come on.... this method is so 1999! All you're offering is a domain name, how gullible do you think those business owners are? You obviously haven't tried using this idea in the real world.

The only way you can work this angle is by looking up local keywords with low competition (preferrably on high ticket markets), registering a few keyword specific domains and do enough development / link building so they land on the first page of results, preferrably spot #1.

THEN, you can approach those business owners and tell them "I have developed this website, and as you can see it's picking up xxx leads per month. I'm now looking to sell it to the high bidder, but since I personally like this establishment, I decided to contact you before reaching your competitors. Interested?"

If you're not good with business contacts, sometimes you don't even have to. Just talk with friends and family who have local business and ask "how much would you pay me for each paying client I send your way, using my internet techniques? Keep it simple, don't go into unnecessary details, speak the same language as the business owner you're trying to sell to. That's how you get a chance to make decent cash using a variation of this method.

.... but seriously... to propose you can just register 10 local keyword domains daily and sell even one of those each day? Sometimes when you try to make a fool of others, you end up just making a fool out of yourself.

[ 1 ] Thanks

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royljestr

13 years ago

I have done this a fair amount...and here's the thing...most small business owners (in my experience) will NEVER return your initial email!! They are too afraid of getting scammed. Plus they have NO CLUE how a domain/site transfer works so they are afraid of that. You really need to hold their hand.

If you really want to do this business model you (or hire someone) need to call your prospects or better yet, actually stop by and talk to the owner.

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Mr.Williamstn

13 years ago

wow never knew this method I want to know th nuts and bolts I pm you fresh domains thanks for the info

Thanks
1 reply

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Richard Van 13 years ago

Am I right in thinking I find a local business, buy the exact match domain of their business, then go up to them, or spam them and say "Hi, I just bought your domain name, it's only $150 and and you can have it...?

Either they know nothing about the Internet, in which case they may not give a monkeys about the domain, or they do know a little about it, may talk to friends and figure you're buying it for $8.

Either way, buying ten a day, it won't take long for some smart businessman/woman in your area, to realise what you're doing and tell a lot of others.

Doesn't seem like a long term plan. Sounds a bit like the whole offline marketing thing but without any of the marketing and just the domain name.

Having said that, for a 17 year old, I admire your entrepreneurialism.

It was more than I was doing at your age.
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Rob Thayer

13 years ago

He got this idea from one of my own WSOs. I've been emailing him back and forth for the last week, answering some questions he had about Internet marketing. Needless to say, I was a bit surprised to find this thread. Honestly, I feel kind of stabbed in the back by this kid.

And yes, it would be possible to make $142 a day with this method if you put some effort into it.

Thanks
2 replies

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Mike McAleer

13 years ago

Originally Posted by Rob Thayer

He got this idea from one of my own WSOs. I've been emailing him back and forth for the last week, answering some questions he had about Internet marketing. Needless to say, I was a bit surprised to find this thread. Honestly, I feel kind of stabbed in the back by this kid.

And yes, it would be possible to make $142 a day with this method if you put some effort into it.

Rob to be honest, I have been flipping domains for a while now and this idea is in many WSO's and even free reports by guys like Gene Pimentel. I bought your NameDropper tool and got the IDG report as a bonus. I already knew what your basic IDG method was before I got it as a bonus. The whole point is how it is presented and here I am just telling you a simple idea. You can get a nice free report with Gene's 10 step guide. You can also get an AWESOME detailed WSO telling you exactly how to do this: Rob Thayer's Insane Domain Gains!
I would definitely recommend it to anyone looking to make money with domains!

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daj

13 years ago

Have you ever tried this for yourself? It's so easy to throw out numbers left and right on how much you can make doing this when you haven't done it. I use to do the same thing when I started domaining... but you don't take a lot of things into account, especially the fact that all decent local generic domains are already taken for the most part. Good luck finding one at reg fee! You may be able to find a good one when it expires, but you'll most likely get into a bidding war over it during the drop with another domainer. I've been domaining part-time for 3 years now and this method has been talked about for 10+ years on domain forums. If it worked so well, more would be doing it...

Thanks
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Mike McAleer

13 years ago

Originally Posted by daj

Have you ever tried this for yourself? It's so easy to throw out numbers left and right on how much you can make doing this when you haven't done it. I use to do the same thing when I started domaining... but you don't take a lot of things into account, especially the fact that all decent local generic domains are already taken for the most part. Good luck finding one at reg fee! You may be able to find a good one when it expires, but you'll most likely get into a bidding war over it during the drop with another domainer. I've been domaining part-time for 3 years now and this method has been talked about for 10+ years on domain forums. If it worked so well, more would be doing it...

Hmm. You must have been registering names that were worthless! A lot of domainers do that and then give up when they don't get a sale. Read on namepros sales forums for the ones that sell! This is a very good method as well as many others that I use.

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daj

13 years ago

Originally Posted by FreshDomains

Hmm. You must have been registering names that were worthless! A lot of domainers do that and then give up when they don't get a sale. Read on namepros sales forums for the ones that sell! This is a very good method as well as many others that I use.

So what local domains have you been able to flip using the methods you describe? You say it's a very good method yet you don't give any examples at all of domains you personally flipped. Most reg fee domains (the ones you are telling people to find and buy for $8) are often worthless which is why they're still available for anyone to own and haven't been snapped up yet. Most domainers only flip domains that they pick up at expiring auctions (on a drop), ones that have history and get a good amount of exact searches. The domains that you see sold in the namepros reported domain sales thread were often bought for much more than reg fee in the after market when they dropped, and then they were flipped for profit. It's hard to sell a recently registered domain in most cases.

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Mike McAleer

13 years ago

Originally Posted by daj

So what local domains have you been able to flip using the methods you describe? You say it's a very good method yet you don't give any examples at all of domains you personally flipped. Most reg fee domains (the ones you are telling people to find and buy for $8) are often worthless which is why they're still available for anyone to own and haven't been snapped up yet. Most domainers only flip domains that they pick up at expiring auctions (on a drop), ones that have history and get a good amount of exact searches. The domains that you see sold in the namepros reported domain sales thread were often bought for much more than reg fee in the after market when they dropped, and then they were flipped for profit. It's hard to sell a recently registered domain in most cases.

The key is "most cases." This is for the newbs who don't research their prospects before hand or do not have any common sense. I do expired names and reg'd ones. I can tell you that with some common sense about what commerce is then you will make great profits with domains.

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mindi9 13 years ago

Nice idea of making $142 in a day! But just sending email works? How to search for email lists?
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Tony Tikos

13 years ago

Where do you get your email list from?

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Rob Thayer

13 years ago

Look, I really don't want to turn this thread into some kind of advertisement for any of my WSOs. I did e-mail Mike (FreshDomains) and told him I was a bit disappointed in what had transpired. I asked him not to endorse any of my WSOs here because it would look just plain weird, but he did it before I could stop him.

Mike is a good guy who didn't really think how this might affect me. I don't know what else I can say about it.

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PabloVTB

13 years ago

I think you could make it even bigger if you actually make a site around it and do some basic SEO as to start generating traffic towards it (takes more time though).

Then, you sell it, but for an ever higher price. (You've got traffic, SERPs Results and data to hook them up)

Good method by the way, wouldn't have thought you could make this successfully.

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Traffic Eagle

13 years ago

Yes it is hard to sell a recently registered domain unless you have a website attached to it, preferably with some income from adsense or affiliate sales - it doesn't have to be much but you need to show the site has prospect of making money. In theory the idea of contacting business people and offering a domain name is fine, it's just not that easy to get takers without a site to go with the name, if you can get a good one that is.

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1 reply

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Mike McAleer

13 years ago

Originally Posted by Traffic Eagle

Yes it is hard to sell a recently registered domain unless you have a website attached to it, preferably with some income from adsense or affiliate sales - it doesn't have to be much but you need to show the site has prospect of making money. In theory the idea of contacting business people and offering a domain name is fine, it's just not that easy to get takers without a site to go with the name, if you can get a good one that is.

Domain Flipping is a HUGE business. You can make thousands per month with it. It has been on CNBC researched as a booming market.

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offlinemarketer

Banned 13 years ago

@FreshDomains

Can you answer my question please when you have time?

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Paleochora

13 years ago

This 'method' reminds me of 'domain squatting' that used to go on about ten or twelve years ago.

I guess you if call it a hip new name like 'flipping' it becomes a respectable business model?

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theory expert

Banned 13 years ago

Originally Posted by offlinemarketer

I have a question. Your thread title is "How to make $142 a day"

Do you make $142 a day?

I'd like to know this too.... I don't want to know what other people have done. I am starting to think that many of the sellers of domain products don't actually do flips. It is a skill that few could make a true full time living from. That's why they sell books, and, do other marketing tactics such as offline marketing to supplement income.

Originally Posted by offlinemarketer

@FreshDomains

Can you answer my question please when you have time?

Waiting too! $142 x 7 = $994..... I would even give him the benefit and take 2 days off and say $142 x 5 = $710 a week.... close to $3000 a month a nice humble income.

Thanks
2 replies

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daj

13 years ago

Originally Posted by janok

I'd like to know this too.... I don't want to know what other people have done. I am starting to think that many of the sellers of domain products don't actually do flips. It is a skill that few could make a true full time living from. That's why they sell books, and, do other marketing tactics such as offline marketing to supplement income.

Many smart domainers have branded themselves or created a niche within the domain marketplace with their blogs: ChefPatrick.com, DomainShane.com, DomainGang.com, ElliotsBlog.com, etc. Notice their advertisements, they are making $500+ a month just from those ads alone.

Others created tools to evaluate domains which make them money: Estibot.com, Valuate.com

And those with large budgets created auction sites and registrars to dominate the industry: Sedo.com, Moniker.com, etc.

Also check out estibot's free guide on developing domains for profit. He gives good advice on what type of domains to try to find with a few examples: Estibot.com Blog » The Estibot Domain Development Guide (40+ page eBook) is here and it’s completely FREE to download.

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Mike McAleer

13 years ago

I do not make $142 every day but I can make that "in a day" when I have the time. unfortunately I am a high school student who does not have all the time in the world, although I have sold a decent amount of domains for a good profit.

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offlinemarketer

Banned 13 years ago

Originally Posted by FreshDomains

I do not make $142 every day but I can make that "in a day" when I have the time. unfortunately I am a high school student who does not have all the time in the world, although I have sold a decent amount of domains for a good profit.

Perhaps you should change your thread title to "How to make $142".

Thanks
1 reply

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Mike McAleer 13 years ago

Originally Posted by offlinemarketer

Perhaps you should change your thread title to "How to make $142".

you can make 142 a day if you have the time! I am a school student so don't have that much time in the day to balance homework, friends, sports, etc.
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Art Turner

13 years ago

I don't know why so many of you are making this sound so hard. Just write:

Dear Business Owner,

I recently acquired a domain that I thought you might be interested in: domain.com

I'm willing to sell the domain for $150.

Thank you for your time.

...

There, was that really so difficult?

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Mike McAleer

13 years ago

Originally Posted by Art Turner

I don't know why so many of you are making this sound so hard. Just write:

Dear Business Owner,

I recently acquired a domain that I thought you might be interested in: domain.com

I'm willing to sell the domain for $150.

Thank you for your time.

...

There, was that really so difficult?

I prefer not listing a price just because it makes the company think hey I can afford this or wow that is expensive. Usually a lot of businesses will not want to pay 150 so will just ignore the email. If you just give a general inquiry then you open up the opportunity for the company to offer you what they think is fair and then you can go from there.

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AlanB

13 years ago

Awesome thinking...

Just walk down Main street in your home town and there you go, get name after name after name... $8 buck is all you can loose, plus if the business happens not to be interested, then sell it to them for $20 bucks... Heck they will get it....

Now think how many commercial streets are in your home town...

Great strategy man!

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Richard Van

13 years ago

Originally Posted by AlanB

Awesome thinking...

Just walk down Main street in your home town and there you go, get name after name after name... $8 buck is all you can loose, plus if the business happens not to be interested, then sell it to them for $20 bucks... Heck they will get it....

Now think how many commercial streets are in your home town...

Great strategy man!

I can see it now...

"Hey dude, I have your domain name here, you can buy it for the bargain price of just $150!..."

"No, I'm not interested"

"Hey, no problem, how about 20?"

...pause...

(Sound of fist connecting with teeth)

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Wibble, bark, my old man's a mushroom etc...

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maxsi

13 years ago

I think it's a good method...
...If you invest your time on doing it and you like to do it.

There are tons of ways to make money, you just need to stick with the right one you love. Remember in every money-making method you must invest your time.

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1 reply

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From $0 To $360 Within 24 Hours (click here) ******* Get 1K Leads per Day...(use this FREE TRAFFIC)

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Mike McAleer

13 years ago

Originally Posted by maxsi

I think it's a good method...
...If you invest your time on doing it and you like to do it.

There are tons of ways to make money, you just need to stick with the right one you love. Remember in every money-making method you must invest your time.

Correct. Money is not the only cost. There are also implicit costs such as time.

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Recent domain flips : $8->$1000 Social recruiting Software dot com $8->$2000 MobileSalesSoftware.com
Invest in domains without the hard work !
Email for details...Mike McAleer at me dot com

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Kanapemo

13 years ago

I would really like to know more about this

Thanks

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noviku10

13 years ago

Thanks butch, these are really very simple tips that can be utilized to get results in online business

Thanks

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Mike McAleer

13 years ago

It is simply a method that can be used to make money online but you really must work at it like anything else.

If you find a good name to flip, you must be willing to market it to an end user and sell it. It won't take much work but if you do it, you are looking at big profit potential.

Thanks

Signature

Recent domain flips : $8->$1000 Social recruiting Software dot com $8->$2000 MobileSalesSoftware.com
Invest in domains without the hard work !
Email for details...Mike McAleer at me dot com

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