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Domain names are valuable Internet real estate and if you are smart enough you can make pretty decent living from it. One strategy is find trending keywords and make domains from it.
Founded in mid nineties under the name “Jomax Technologies “, today GoDaddy is the largest private internet domain registrar and web hosting company, it also sells e-business related software and services.
Since 2013, Go Daddy has more than 55 million domain names under its wings. Go Daddy is the largest ICANN-accredited registrar in the world; they are four times bigger than their nearest competitor.
If you are confused why we are featuring this site here? The answer is simple because you can make money from home by trading domain names!
Domains names can be great investment, they are the real estate of the Internet. Good domain names are limited. As demand increases, so will their value. The cost of holding domain is very small, even if you are sitting on some domain names for several years the potential loss is very limited.
You are thinking “yeah!”, but you should know that all of the good top level domains names are already taken; it’s true but if you can come with some catchy name or some potential catching fraise or trending words combination, you can really make nice bucks. There are also new alternatives to .com and .net TLDs so it does not hurt to fish. You can also buy domains that have been allowed to expire by their owners. It may seem strange to buy a domain that has been rejected by its owner but you can find good domain real estate at go daddy auctions.
In order to be successful in this business you need to appraise domain before investing. Each domain value is based on its age, length, search popularity, e-commerce potential and potential future usage. One of the best strategies is to sign up with Google ad words and use the keyword planner utility, as this will let you see what words and phrases people search the most.
The only thing you don’t want to do in this real estate business is registering trademarked names (even typos), as you will surely loose, you even may have to face legal actions and pay penalties.
So registering domain with GoDaddy is as easy as making coffee. You can perform domain search, if the exact name is already taken GoDaddy will give you alternative available domain names based on your search. After you make one or more domain acquisitions, they are all nicely sorted in your GoDaddy user panel. From here you can manage your domain, you can park them, transfer, put on auction, change dns, etc…
User interface is very easy and smooth, especially if you have hosting plan with GoDaddy. However be aware that if you want to point your domain to external hosting, it can be done, but can be annoyingly complicated. This used to be easy, but not anymore. I think it was intentionally complicated by GoDaddy for no other reason than pimping their own hosting services.
Playing with internet real estate is no different than actual real estate business but for fraction of the cost. Yes you will need to invest your money, but potential returns are significant. It’s all up to you and pure trending luck if you are successful or not. To further lift or lower your enthusiasm, perform a Google search on Mike Mann.
As for alternatives to GoDaddy there are many, but let’s be realistic GoDaddy is the biggest provider of this sort, like money in the bank you will want to keep your domains secure. They have been in the business for many years, and have good security and support reputation. However if you are individual that is disgusted by their “politicaly incorrect” ads here are some alternatives for you: SnapNames.com, Flippa.com, Sedo.com, Afternic.com and DomainSponsor.com
Last updated: June 9, 2014
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