Rob Thayer, Gene Pimentel, VioFX, and a few others ...
If you haven't heard of it it's basically registering a domain name at $8(what I do ) or purchasing it in an after market such as godaddy auctions and others and reselling it at a higher price that another company would value it at .
Like I might not care to own yogamats.com but someone selling yoga mats would find it useful for a variety of reasons :
-Branding (use in offline ads or elsewhere)
-SEO ( use online to rank high for those terms)
Owning the exact keywords help in SEO and even if you don't agree they do... There's just something special about owning the keyword .com of what you sell as a business!
For example I sold Mobile Sales Software. Com for $2k!
I sold it to a company who sells mobile sales software.
Sold social recruiting software dot com for $1k .
Sold a few smaller $$$ domains( think $100-$500) in the last few weeks.
And the best part is I bought each domain for just $8 from godaddy...
Now I do have a knack for domains but you could each find your own path . Even if its not in domains !
I left domains a year ago but came back because its made the most money for me. It may not for you so you have to experiment and learn.
I read a lot about domains and picked up a skill for finding good domains .
Check out donainsherpa.com morganlinton.com and namepros.com for resources
If you have any questions about domain flipping please reply to this thread or even better shoot me an email as I get it pushed to me automatically on my new iPhone 5 .
Anyone else flip domains ??