Have you heard about domain names that sold for over a million dollars Inspired by this, you imagine registering a great domain name, hanging onto it for a while, and then selling it off to become the next multi-millionaire. It could happen, but don`t count on it!
First of all, many of the truly great domain names are already taken. Second, the dot com bust took some of the wind out of inflated domain name prices. (If you sell your domain name for millions of dollars worth of stock in a publicly traded dot com flop, what is the name really worth)
The cybersquatter buys domain names totally on speculation. Sometimes he will register names of famous brands, companies, or individuals. Time and again, these domain name speculators learn the hard way that they must respect intellectual property rights. They hope that some large corporation will pay big bucks to them for the use of thecompany`s own (already trademarked) name. Instead, they end up with threatening letters from a law firm for their attempts at extortion.
However, you can still make money from domain names if you are sensible in your approach. Here are some suggestions on ways to profit.
1. Affiliate Programs: Use your domain name to promote an appropriate affiliate program. Either redirect to the affiliate site or write a review that links to them.
2. Informational Sites: Create content and then profit from it by earning advertising revenue through GoogleAdSense or a similar program.
3. Redirect to Your Own Site: Some reasons you might want to do this include preventing competitors from using aparticular domain name and benefiting from searches some users perform by domain name. (For example, if they wanted to order flowers, they might just type flowers.com in their web browser. You could get some traffic and sales this way.)
4. Product Sites: Create your own or sell someone else`s product appropriate to your domain name.
5. Park Your Domain Names: You might feel that your name has real potential for resale value. There are companies that will allow you to park your domain on their servers, advertise that your name is for sale, and split advertising revenue with you.
The trick is to generate traffic for your domain name. Thattraffic in turn will create revenue. Then, when you go to sell your domain name, you will have a few things going for you.
First, you will have a fully developed website. A fullyconstructed building on a piece of land increases the value of the real estate property. Similarly, thevalue of your domain name is enhanced by a complete andoperating website.
Second, you have traffic. Just as a shopping mall with no traffic results in no sales, so a website must have traffic to generate income.
Third, you have income. An income property, such as an apartment building, can be appraised on the basis of itsincome (as well as other factors). Similarly, the gross income, net profits and cashflow of a website have value. For example, if someone offered you $1,000 for your domain name and website when it was generating $10,000 per day in profits, you would likely laugh at him.
You really can profit from your domain name investments by adding value and properly developing your web properties.
For further information about profiting from domain names,visit
RESOURCE BOX:
J. Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years.
For valuable Work at Home Small Business Ideas, visit:
With the advent of the internet and the ease of which information can readily be downloaded and compiled you would think that more people would realize that the public domain is a source of wonderful wealth that can be tapped into for huge profits.
I have spent the last 4 years discovering little known secrets of this information that is readily available to those who know where to look. Or should I say prospect. Thats exactly what it is. Its Mining. When you mine the internet, you are not mining little rocks in a quarry or dredging a cold river looking for that elusive nugget of gold. You are searching for the gold of the future, and of the past. Information becomes your ore. You now become an information prospector. A Millennium-Age Gold Miner.
The tools of your trade are much different today than in the days of old. Your pick-axe has evolved into your mouse, and your gold pan is your hard drive. Your computer is the dredge and your internet connection is your claim. In the old days when a prospector found gold he would drive a stake in the ground and this would become his claim. You are doing the same thing when you sign the contract for your internet connection. You are staking a claim to the largest source of wealth in the world. Public Domain Information.
You transcend the boundaries of the physical world by entering a realm in which it is possible to find riches in the deepest recesses and crevices of the web. The public domain is the undiscovered country of the information age. Its mysteries are deep as oceans and its knowledge as expansive as the universe. The public domain now becomes ultimate natural resource.
Information has always reigned king since the beginning of time. There are millions of us who know not the sheer power and value of the information that is freely available to anyone who knows where to look.
The new millennium, and the information-age is very much like the GoldRush of 1849 in which hundreds of thousands of people rushed westward in a stampede of gold seeking pioneers. Some were young, some old, some in between, but all sought a common goal. Gold. Only this time it is different, the gold we seek in this age is information, and its not mere thousands, but hundreds of millions people who are on this new quest blazing new trails and forging great new paths to wealth.
Information is abundant and widely available. You can mine this gold at anytime, from any place in the world. You do not have to travel vast distances facing the perils of the land to stake your claim. All you need is a computer and a connection to the web. From anywhere in the world you are able to seek out, find, download, and refine your treasure from the warm and cozy comfort of home.
Never before, in the history of man have you been able to procure such wealth so quickly. You are able to locate information on any subject in an instant, and your results are displayed before you faster than you could have ever imagined.
Your gold pan quickly become full of the valuable information-ore. Each time you find a nugget it motivates you to find more. You become entranced with the new found riches and it almost becomes obsession. The desire to find more pulses through your veins like a hot drug, steadily increasing your craving for more. The more you find the more you want. It the realization becomes obvious that you have Gold-Fever and now you cant stop searching for more information.
This is what the public domain is. Its an internet goldmine chock full of free information ready for the taking.
Stake your claim!
Eric Wichman is founder of a public domain resources site specializing in free resources for web content and references for webmasters, researchers, marketers, and businesses alike. Be sure to tell your friends about this great new resource for businesses using the public domain.