Tips to Consider Before Writing a Sales Letter

Domaining is a business that involves sales. Therefore, contacting prospective buyers with your sales letter is part and parcel of making your business successful. Over the years we have found out that many newbie make a lot of mistakes writing their sales letter to their prospective. And the consequences of that is poor sale

In the following week, I shall be giving you tips of what is expected to reflect in your sales letter. It must be short and concise, but the ingredient to make the prospective buyer pay fast must be contained in it.

Stay glued to this blog while we unleash it.

How to find Good Domain to flip

For you to be successful in domain flipping, you must sincerely answer the following questions yourself before choosing to buy.

Why would you buy this?

Put yourself in place of the end-user buyer and ask yourself the need that this name may fulfill. Before you can answer this question properly, you must be sure that you are buying a domain that has the ability to put the business of the end user on top of his competitors. For instance, automobile is niche that is full of competition, and you want to your end user to singled out. Your end-user might be the owner of cars.com and so, you consider that Japan for instance is the largest producer of automobile. So you would buy Japanesecars.com.

DIFFERENT ARMS OF DOMAIN INVESTING

In our previous post, we made mention that domain name business is growing larger and larger every day. This growth has a lot of disadvantage to beginners. The different arms of domain investing include:

1.     Flipping

Flipping domain names mean that you are buying a valuable domain name that you

What is your Motive in Domain Investing?

It could be strange some people that I ask this question. They presume that the answer is obvious; I want to make money online. This is usually on the mind of beginners. They have heard testimonies of those that made it large in this industry and they want to jump in and grab the free money. The initial inclination it to set aside about $200 they think they need to venture into this industry, and go to a particular registrar and begin to acquire names. At the back of their mind they will say “if I sell at least, one I will cover my expenses and still have some surplus”. This is a wrong approach.

Even though there is nothing wrong with your desire to make money on line,

ILLUSIONS OF DOMAIN NAME INVESTING

In this article we shall be pointing out certain falsehood that a lot of people has been spreading on the social media and forums about domain investing. A few amateurs has been lucky to buy domains and made few bucks with it. They were not able to replicate their success anymore because of the lack of education that you are getting in this site. But their first luck was brown out of proportion and they go online and spread lies that nauseate professionals. So they crowd newbie in this industry with illusions. We shall expose those illusions now.

1.     Starting Domain Investing is Cheap

It is true that you can buy a domain name as low as $10 dollars and sell it for $100 or $1,000. YES it is true that you can even buy an expired domain that worth more than a thousand dollars for only $100 in auction. But this does not mean that it is a very cheap business to start. The reason why I could like you to be cleared of this misconception is that there is no guarantee that you will sell your domain immediately. You may be required to hold the domain for a period of 3 years before you can even get a potential buyer. It is an investment, and it could be long term. Therefore, holding a domain for 3 years just for sell makes the value of the name to be depreciating and incurring renewal charges from you. So you must be ready to embrace this reality for you to be successful long term in this business.

2.     You don’t need any work to sell your domain

I read so much in the forums that once you register a domain f

Monetizing Domain Names 101

Today we are going to introduce you to the business of buying domain for parking. Parking of domain can be a very good means of earning residual income online. To monetize your domain, you will have to register it with domain parking companies.

The idea is that when you pack it, the companies will place advertisements on your domain names. If anyone clicks on it you will get paid. This can be a full time business that is capable of giving you six figure income regularly if it is done well. In the next post you will be shown how.

HOW TO FIND END-USER BUYERS FOR YOUR DOMAIN

One of the biggest challenges of domain flipping lie in how to find end-user buyers for your domain. This is the reason why you bought the domain to flip in the first place. Unfortunately, it is not always easy to sell your domain very fast. In this post, I shall guide you on how you can increase the speed of your sell, by locating your end-user potential buyers.

Feasibility Study

For you to sell fast, you must include the question of who to sell to while making research for the domain to buy.  If you board a boat without knowing the destination, you will end up where you are. In your feasibility study, you should have a guide of who and who should be potential end-user buyers of the domain, among other factors you will consider, in order to make sure your domain is valuable and has need to satisfy.

Use Tools to Search for Buyers

About the use of tools I would recommend two tools that I mostly use

Identifying the Need of a Domain before Buying

The only secret to successful flipping of domain names lies in the ability to identify that the name you are buying in order to flip, is a name with need. It is the need that lies in this name that makes up the value. I received a lot of email from readers of our previous post ‘ a Professional Approach to Domain Flipping 101’ asking me to elaborate on what constitutes the need of a domain name. in this post we shall deal with it so that you can be sure that the domain you are about to buy, is the one a potential buyer may be in need of.

Know the Extension

I said before and still maintain that .com is the chief of all domain extensions. Now, some of the online emerging companies, may be so careless to by purchase on the .com extension of their domain. After making a diligent analysis of the type of the company and what they deal in, you may decide to buy the .net, or the.org or .info extension of their domain. It is likely that by the time they grow, they will need it from you in order to all their visitors at the same page. This is most successful especially, if you are dealing with a website that sells product.

Go for competitive Nitche

In a very competitive nitche,

A Professional Approach to Domain Flipping (101)

Domain flipping is the act of buying a domain name and selling to another for a reasonable amount of profit. This explanation gives the business a sense of oversimplified simplicity. Unfortunately, most people are quick to jump into this and are quick to jump out when their fingers have already been burnt. It is easy to go to a registrant and register for a domain, but when it comes to selling, you will find out that it is a much harder game.

It may be difficult especially when you have not made a due diligent to research about the prospective name that you want to buy. Some just trust their guts and buy arbitrarily without making any research. They might be lucky to sell for a good profit, and they will be out there in forums shouting, ‘facile’( Facile is a latin word for easy). The difficulties become bare when he is not able to replicate his success consistently over time. So he is out of business, for the soul of business is consistency.

To be consistent and successful in domain flipping, you must have to approach it like a professional. The following tips will help you in doing that.

Learn what constitutes a Valuable domain name

If you must buy to sell, you must buy a name that has value. It is the value that is in the name that the buyer will be going for. We dealt extensively with this in the post ‘how to determine the value of domain names’. In this

HOW TO DETERMINE THE VALUE OF DOMAIN NAMES

The business of domain name is just like any other business, where people buy and sell things of value to other people. The only difference here is that it is domain names. Like we have stated in our previous posts, there are different forms of domain, and they are all different in value. To succeed in this business, you must learn how to buy low, and sell high. To buy well, you must arm yourself with the rudiments of learning how to determine the value of domain names. And if that is your preoccupation, this will be the most valueable set of articles you may ever read.

I must agree that the value of the domain lies chiefly on the price the prospective buyer is willing to pay in order to obtain it. However, this point is presumed because our primary concern is to buy such names that will attract buyers. In this respect, the following factors will help you determine the value of your domain name.

Domain Extension

With regard to domain extensions, .com still remains the king. Any domain with .com is always more valuable than any other extensions cateris paribus.

Making Money for Expired Domain names

Some time ago, Business magazine reported that domain investing is creating a new class millionaires who are making as much as $20,000,000 per year in passive income. A lot of rich business people are really making it big in this industry. It is not a rocket science, and you too can make it large. The industry is so large, and you can look here to see some prices domains can be sold for.

The greatest secret in becoming successful with this is to find what

SALES 101

It could be much easier to acquire a valuable domain name when you have made a good research. However getting it sold is a harder nut to crack. It is presumed that you are aware that patience is a good ingredient in this business, so you may take care of the following tips and along the line, while you wait.

Register the Domain with Reputable Site

The first stage in getting your name sold fast is to register it with a reputable site that has huge traffic. It will be wise for you to read the terms and condition of the different auction sites, so that you will not be banned or penalized. We shall give you later on a comprehensive list of trusted auction site where you can sell your name.

BUIDING AN ONLINE VIRTUAL REAL ESTATE

BUIDING AN ONLINE VIRTUAL REAL ESTATE

You could be surprised by this topic. You could be asking whether it is possible to really build an estate online. Yes it is indeed possible to own an online virtual real estate that can be generating a reasonable amount of passive income to your bank account.

There are basically two forms of this real estate stuff. One requires you to buy a domain and park. The other require that you buy a domain name, build website into it, upload some content on it, do a little blog optimization and sell the website.  You can see the latter requires more hard work than the former. So it is its reward.

Parking of Domain Name

When we discuss parking of domain name, all we mean is the process of buying valuable domain name and parking them with some parking companies or websites online.

How Much Can I Make in This Business

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INTRODUCTION TO BUYING AND SELLING DOMAIN NAME

If you understand the meaning of Domain Name as we explained in this article here you will find out that the first step to running a successful business online is to have a catchy domain name.  Everyday millions of people who wish to put their business on the internet search for and buy domain names that will reflect the type of business they do. For instance in this site, our business is to teach you our own strategy for being successful in domain name industry, and so we searched for and choose the domain name, Nametray.com.  It reflects our stock in trade, and that is the foundation of running a successful online business.

Consequent upon, this, the domain name industry has become so active and large. Domains are expiring every day, and domains are being bought every day. Our goal is to teach you how to trade on this. That is buying low and selling high for some profit. But before you learn that, kindly understand the different strategies that we play in this industry.

Domain Speculation

The art of judging and valuating Domain names

UNDERSTANDING THE MEANING OF DOMAIN NAMES

In other to save you the trouble of understanding technical terms, I am going to use analogy to illustrate to you, the meaning of domain name. Whether you are standing right now, or sitting down, or lying, you can be located at the spot where you are with an address of yours. The address makes sense because every structure is founded on land. From the land we can get the address, and get to you. HOOLA! That is domain name and that is all you need to understand in order to be successful in this business.

Now unlike the land, the internet works in space electronically. Therefore, the domain is the land and the name is the address. So, if the name of your website is NameTray  just as your physical address may be No. 15 St. Louis Avenue, you will be required to tell us the city and country before we can locate you.