How To Choose Domain For Flipping To Earn Money Fast 2018
How to choose domain? Yes! Have you ever asked yourself these concerns?
How can I choose the perfect domains to flip?
What are the factors to consider when selecting a domain name?
What are the important parts I need to care about?
If you did not find out an appropriate answer to your concerns, you are in the right place now. You are just going to find out the actual factors you should know.
Domains flipping are certainly one of the most successful methods to earn money online from home. But you can predict success only if you follow the right suggestions or follow to a professional who has already done it successfully.
Like every small or big business, it also has risks. But based upon on the amount of money you can expect for making, risks are basically nothing to care about.
You just need to know how to analyze the quality of a domain and its value.
If the domain you want to buy matches all the requirements, you can make a fast purchase. Here are some of the essential things to be knowledgeable of.
Of course, you can buy any domain names of your choice and you may even be able to sell them. But if you keep in mind certain features of an excellent domain, it will be much simpler for you to earn money really.
So here are some of the features that create an excellent domain.
1. Try to make it simple to remember
Everyone looks forward to buying domains that are memorable. A website that is memorable is easy to market and promote to people. So companies would want to obtain only domains they can quickly promote.
Nobody wants to develop a company website using a domain that people would find hard to keep in mind. So this is a very important point to think about.
Try to keep the name as shorter as possible. It really helps you to sell easily and Please don’t buy domains that contain hyphens and numbers.
2. Find out only keyword and key phrase rich domains
A keyword rich domain name means a domain that contains the keywords related to the actual business. Suppose a company wants to build a home financing relevant website, he would love to find out domains that contain the word home loan or like house payment, finance or interest rate. I think you got the concept.
Since you are into buying and selling domain or website names, it would always be a smart decision to purchase only keyword rich domains. Because these domains are easy to sell and it’s much easier to convince the customers.
3. Choose and buy domains that are Brandable
Here you need to be a little bit creative about searching for the perfect brandable domains. I already discussed selecting only keyword-rich domains.
But you need to know that there are domains that can be sold for thousands of dollars. But it’s not for the keywords present in them, but because of they only sound like a brand.
If you check out BrandBucket, you would see how simple domains can be sold for thousands of dollars, and how these domains have been given a branded look.
Take a look at the below photo to have a concept.
The list doesn’t finish here. There are countless numbers of domains like this. People really buy these domains and pay that much cash to get the ownership.
Think if you are the seller of one of these domains, how much you should be expecting to earn. However, a simple domain name can become look like a brand.
Be creative, promote the domains to the right people at the best place and earn money from home.
4. Consider .COM domain Additions Only
You should buy .COM TLD as this is suitable for most companies. If you are having a business online, more often than not your clients would think that you are using a .COM domain, not any other additions.
So most companies would want to purchase .COM websites only. More than 48% of all domains that were sold last season were .COM domains.
You can even buy several additions and redirect them to .COM edition using 301 redirects. But if you wanna sell for cash in a particular country only, consider country-specific domain like CO.UK for the United Kingdom and CO.IN for the Indian.
5. Analyze the Right Value of the Domain
If you want to buy expired domains, this is something you have to understand.
Before you can start flipping domains, you should be able to analyze the genuine value of a domain. Because if you can’t judge the perfect value, you may even lose cash. You may offer domains at the cheaper price than it should be.
However, the genuine value of a website depends on the number of back-links it has and the relevance and the high top quality of these back-links.
Backlinks are simply links leading to your domain from other websites.
Usually, the more links a domain has, the more highly effective it is. But it’s not at all times. Relevancy of linking domains matters a lot.
Also, a back-link from within the content is more highly effective than a link from footer or sidebar of a website. How appropriate is the content of the website and its quality matters? There are many online sources to check the back-links of a domain or website.
I suggest you “Moz Site Explorer” to find out the value of domains. A bit of PA (Page Authority) and DA (Domain Authority) is always an additional benefit.
So if you are going to buy an expired domain, try to ensure that you buy only the best quality domain.
Even though the earning possible in this business is huge, you may even incur a serious reduction. Domain flipping has really made people millionaires. But it’s possible for you only if you go through right suggestions and some tips and techniques.
However, I am here to really help you develop a strong domain flipping online business. Because I know how highly effective it is.
So now you know how to analyze the real value of a domain.
These are 5 most factors to consider when selecting a domain name for flipping. However, there are many factors you would realize with experience. Now I need to go to sleep because it’s already 2.40am. So have good night guys and girls. Love you all..