I'm not going to get in to the detail, but my life is rough and I need to find new ways to generate income.
I'm already pretty good with computers and can comfortably build my own websites etc, so I've been doing a lot of research about IM in general.
Two areas in particular have stood out as popular; CPA/CPL affiliate marketing, and domain flipping (maybe 'trading' is a better term).
Domain trading seems a lot more appealing to me personally, perhaps exploring affiliate marketing more in the future.
I've already spent a few days reading as much as I can about domain trading, but there are still a couple of thins that I'm not 100% sure about, I'd really appreciate it if someone could please give some advice on this.
1) I've been looking at a domain on NameJet. The auction closes in xx hours, but when I do a whois search on the domain it says that it isn't due to expire until April 2015. Can someone please explain exactly how this works? If I won the auction, do I gain ownership now? Or would I only get ownership once the domain expires in April 2015?
2) How do trademarks work with domains? I already know a bit about IP and trademarks in particular, but my knowledge in relation to domains is lacking.
More specifically, for example, let's assume that I bid and won the domain chanelperfume.com which currently a blank URL. Would I then be able to approach Chanel ltd and offer it to them?
It seems buying a domain with a trademarked name would be a no no, but if this is the case how come I just bought it off some other guy who's been holding onto it for the last 4 years and done nothing with it?
I guess another part of this question surrounds actual trading. ie, if I had chanelperfume.com but didn't actively use it to trade, is there still a IP issue?
Thanks to everyone who can give some advice on these matters, or even if you could point me to some resources which can explain this that would be fine too.
/edit In my example above (chanelperfume.com), it is currently listed as a 'prerelease' - just added this, in case it changes any potential answer to my questions.