You can make money online with domain names (dn) which are online identities of any businesses. Having a good domain name is not only essential; it can contribute to the success of an online venture. Once the name becomes known widely, it becomes a powerful brand. This is an asset that has tremendous value and you can eventually sell the name if you wish to.
Below are 3 tips to make money online with domains:
(1) Buy Good Domain Names
A good name can have tremendous resale value. Don’t not buy hard-to-recall and clunky ones. A name that is easy to remember and recall is the key factor in getting new and repeat business on the internet. Think of relevant ‘keywords’ in relation to the business as they can become your dn. Hence, a good dn will enable customers to more easily find your online business effortlessly. This will generate the traffic and you will make money online.
(2) Increase Its Value Before Selling
You can add value to your domain name by creating a website for it. Even a one-page webpage is a positive start. When you develop your domain with useful content, you are creating exposure and traffic to it and this will increase its value. This in turn will help the site to have a high search engine ranking thereby increasing the value of this name.
(3) Promote The Website
Promoting the website is essential as it generate traffic to the site which can be converted to sales. One of the easy and free ways to do this is to submit your website to search engines (such as Google and Yahoo) and directories. Another way is to use Pay-Per-Click (PPC) services such as Google AdWords. With this, PPC will place your company or dn at the top of the search engines. With this, the resale value of the site is increased.
Profit from buying and selling domain names by using the above tips, and you will make money online.