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Make Money with Domain Flipping: Flip Domains for Quick Cash Flow
Make Money with Domain Flipping: Flip Domains for Quick Cash Flow
Flipping domains for a quick cash profit is another great money making strategy I learned at the "Earn $1K a Day" seminar. I had heard of people flipping domains for a profit, but I thought it would take a whole new skill-set, an investment of time I could not afford. However, it turns out that it is actually rather simple and straightforward to make money with domain flipping, if you have the right formula. Here is a basic formula for turning $10 domains into $100's or $1,000's.
A) Choose a Niche and Primary Keyword- Choose a niche that you want to investigate. Try and choose a niche that you think or know has money flowing through it. What are people interested in and spending money on? Let your mind run wild. Come up with a specific niche and a primary "seed keyword" that will be used for the rest of this process. For example, your niche could be weight loss, which would also be your primary "seed" word.B) Use a Keyword Tool to Build a Keyword List Use the Google free keyword tool, wordtracker, or any other free or paid keyword research tool you want, and do a search using your primary keyword, which would be "weight loss" in our example above. The search should result in hundreds of related keywords such as "weight loss tips," "weight loss help," etc. Compile your list on a text document. C) Filter List and Find "Diamonds in the Rough" Find which domains are actually available for registration by using domaintools.com and their free domain availability checker. To use this tool turn all of the keywords in your list from above into domains by taking out the spaces and adding ".com." Here is an example.... "weight loss tips" would become weightlosstips . com Do this for each keyword in your list and check all the domains at once. The tool will give you back a list of the domains that are available. Then go to Estibot.com and use the free tool to appraise the domains. The key thing to look for is the CPC (cost per click), which is the amount advertisers are paying for traffic from the keyword in that particular domain. Find domains using keywords that have a CPC of $1 or more to Make Money with Domain Flipping, as this indicates that there are competitive advertisers paying money for that specific keyphrase. D) Register Domains You Want to Flip This is simple and straightforward. Register the domain with whatever service you want, I personally use moniker.com/ E) Find Leads and Prospects Now you simply need to find a buyer for your new domain. Your target prospects are going to be the individuals or businesses that are actually paying money via PPC (pay per clicks) for the term in your domain name. Use Google and search the phrase of your domain using parenthesis. For example, if your domain is easyweightlosstips . com you would search "easy weight loss tips." The sponsored results at the top and on the right margin will be websites paying for traffic from the exact keyword used in your domain. Do a "Whois" lookup and find the contact email for the webmaster, as these webmasters are going to be the most likely to buy. F) Flip Domains for Quick Cash Flow Now you simply need to contact a number of leads and prospects from the above step and wait for an offer or offer acceptance to roll in. Make your emails personal and make sure they know it is not a mass mailing or autoresponder message. Tell them that this domain can save them on their PPC advertising, which you will know how much they are paying per click (CPC). Negotiations are always welcome. Sometimes you can get more for a domain if you do not mention a price at first but rather force prospects to make an offer. In any case, contact potential leads until sold. Rinse and repeat. This strategy can earn hundreds if not thousands of dollars a day for those who stick with it.
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Make Money with Domain Flipping: Flip Domains for Quick Cash Flow Make Money with Domain Flipping: Flip Domains for Quick Cash Flow
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