how to make money domain flipping
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Coach Vonnegut welcomes you to learn more about the challenging and tricky world of Domain Flipping and the opportunities that they has. I am sure you will find it as valuable as I did. Thanks for reading, and Enjoy! -- Don't Forget, please let the author know you enjoyed the article!TRANSCRIPT
Hi there, this is Coach Vonnegut. I would love to introduce you to a
great article on Domain Flipping. I have a huge passion for this subject,
but I am not an expert, so I will leave it to the professionals. Take a
look at what this fantastic author has created. Please read through it
and let them know what you thought. Spread the word. (This is not
sponsored by the author, but you can Learn More through this affiliate
program HERE)
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How To Make Money Domain Flipping
By Taylor American Daniel
If you are looking for a way to supplement your income with an
online business, you will want to consider domain flipping. It is an
excellent way to make money online while still being able to keep up with
a regular job and any other obligations you may have.
The economy has made everyone's finances a little tighter than they
would like, but it has not seriously affected one's ability to make money
using the internet to flip domains. It takes a little time and effort to
learn how to do it effectively but it's not rocket science.
If you're not sure what domain flipping is exactly, the first thing
to understand it's pretty much the same thing as flipping houses. What
people do when they flip a house is they buy a piece of real estate for
one price and then turn around and sell it for a higher price. Sometimes
they fix it up a bit in between and sometimes they just buy smart,
knowing they can sell it for more than they paid for it. Flipping domains
is essentially the same thing only you're dealing with virtual real
estate.
When it comes to domain flipping, you buy a domain name, register
it and then either sell it again right away, or sit on it and let it
generate income for you. If it is a fairly active website, you can just
let it sit there and earn money while you're working your regular job.
You may choose to buy a domain and then build a website that
generates income. You may want to add content, pay per click advertising,
an opt in email list and any other enhancements you think it needs. Like
the house flipper remodels home to attract buyers, you may want to create
a site that someone else will be willing to buy from you later at a
profit.
If you prefer, you can start from scratch. Purchase a new domain
name and build a web site that can be sold down the road. Or you can look
for expired domains to buy and then sell. People often lose interest in a
site they have been working on and you can pick these up for a decent
price. Then either work on them or sell them at an auction to the highest
bidder. In almost every case, if you buy right and sell right, you can
generate a profit by domain flipping.
What you are able to buy will depend upon your budget. Some
websites and domains can be purchased for next to nothing while others
have a rather steep price tag. How much money you make really has more to
do with the difference between the buy and sell price than how expensive
the initial purchase.
The fact that you can buy inexpensive domains to flip makes it
relatively easy for a newcomer to get started. Flipping domains doesn't
require a huge investment at the beginning. After you have bought and
sold a few inexpensive domains for a profit, you can try your hand at
something more expensive and generate a larger profit.
Domain flipping can not only be profitable, it can be fun! Be
patient as you learn the ins and outs of the process and in time you will
be really grateful for the time and effort and the extra income!
Domainflippingedge.com offers a Proven formula to making money domain and
website flipping! For The Domain Flipping Guide visit
http://www.domainflippingedge.com/
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