Profiting From Cheap Domain Names

Amongst internet marketers, it has long been known that one of the easiest ways to make money is with the purchase and resale of internet domains. Having one (ideally) more domains of your own is essential as the domain acts as your gateway on to the World Wide Web. Once you have purchased and registered a domain, you have to wait a nominal period (normally sixty days) before you can sell or transfer a domain to another individual. That is why cheap domains UK can be difficult to find.

Most people have opted to go this route: They buy domain names in bulk and then later sell them at a higher price to not only make a profit but also cover the initial purchase and registration costs. This practice, known as “domaining” is conducted by individuals known as “domainers” and can be very profitable if you are buying and selling domain names with potential business value. The trick is to find such domains names that are still available as most of the “good” domains were registered a long time ago and have possibly changed hands a few times since them.

If you can find domains available that can have such good business value, register them in your own name and then sell them later at a premium price to make a profit. Obviously, you are not looking to buy one or two domains. You are looking to buy dozens if not hundreds at a time. This means that you have to get the best possible (cheapest) rate for the multitude of domains that you are buying.

The good news is that there are numerous domain registration companies on the internet, the most popular of which include Enom, Godaddy, Moniker, Name.com and Namecheap to list just a few that charge under $10.00 to register a single domain name.

Before you can sell a domain name, the Internet Corporation for Assigned Names and Numbers (ICANN), which oversees the domain registration business, has to grant its permission. Domains with popular endings including .com, .org and .net are controlled by this agency and Regional TLDs (Top Level Domans) are controlled by the respective country’s domain name registries NIC (Network Information Center).

The cheaper you can register a domain name, the more you can sell it for, and the more money you can make. That is why cheap domains UK are getting harder to come by.


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