Wednesday, 21 September 2011

Buy a Website and Earn Decent Income


(A Guide to Generating and Profiting With Your Domains)

Until recently, many fail to realize the fact that we are now in the era of information age meaning that information seems very important for us to thrive and achieve greater heights in this present world.
That answers the question of why the need of domains or website? The truth is not far fetched, with the transformation that’s happening around us with regards to information marketing and  product marketing the need to have a website can not be over emphasized. Companies who have products now prefer to market it online than offline because it seems invaluable and some of them have come to the conclusion that for their product to gain leadership both in the domestic and foreign market, the need to market it online, that’s why online marketing or advertising of product seems unavoidable.
Lets start by reminding our readers that I am equally committed to contributing positively towards the development of the human society in the areas of business, politics, sport, information (online and offline) empowerment, entrepreneurship skills, education and so on.
The aims and objectives of this article to expose you to ways by which you can have your own website, without having to worry on how to design it or go about the InfoTech aspect of it.
In case you are wondering what a domain name means, it’s just the name you give to a website. This is equally the name that you enter in your browser when you want to access any website. For example  visit www.libertyreserve.com, www.stockmarketnigeria, www.facebook.com and so on.
Some years back during the dot com rush, domain names were bought from the original owners for as high as $12,000,000.
We would not be helping matters at all if we tell you to rush and buy a domain and sell it for that exorbitant amount. The simple truth now is that those generic names are all gone.
We will simply tell you not to be discouraged or thinking you can not still make profit from a domain at least that is the whole essence of reading this article. Researches have shown that domain names still sells for thousands of dollars. see for yourself at www.flippa.com:

We also visited ebay.com and saw a domain where the marketer is asking for $2,000,000. This is crazy and highly ridiculous, am waiting for who will buy it. www.intoblog.com

The next question that will be bothering your mind now is how do I choose a good Domain?
At this junction, you need not to worry yourself of which domain to buy. Lots of work must have gone to this because there are many names in your area of specialization all competing for your attention.
Choosing the right domain name is as important as selling your product to your customer. Some people often feel that domain names that contain short words or phrase often sell more than the other, but the truth is either of the two you choose, your chances of getting traffic is very much equal.
Though, you should stick with domain names that contain at most three words that contain your motives. Also do not worry if the dot com of a domain you have in mind is gone the .org or .net or .info can also work perfectly depending on the niche market you are targeting {Though strongly advise you choose .com extension, you can also add dash. i.e. entrepreneur-nigeria.com} Think ahead when choosing your domain name; remember its going to be part of your advert campaign and most of the time this flow is important because you have limited text to put in your campaign.
The next question ma sure must have been bothering your mind now is how do I register a domain name?
There are several registration companies online but www.namecheap.com is one that I know accepts MasterCard originating from Nigeria, moreover domain registration sites can be searched via Google.
Here is a simple procedure to register your domain name.
Visit www.namecheap.com , create an account and add some money to your account.
After you must have registered a domain name then another problem most people have is on how to add value to the domain?
According statistics, new domain names are registered every four seconds but lots of domains get sold everyday. Gone are the days when you just come up with a supposedly sweet good domain names and go to sleep; now you need to add some value.
Adding value to your domain seems very important:
The easiest way to add value to your domain is to build market around it, then it is expected to generate you some income while you wait for potential buyer.
Here is an easy approach to this:
Create a blog and start adding articles to it.
Convince the potential buyer by monetizing it i.e. generating some income from it already.
Simple ways to monetize your domain:
1. Advertising: This is the easiest of all the monetization strategies. There are so many advert networks but the most rated is Adsense.
2. Sell Physical Products: If you have any physical product that can be associated with your domain, it will be good to sell it through you link.
3. Digital Products: Software, games and other downloadable products can also be sold through your domain page.
4. Affiliate Products: There are many affiliate sites, register with any of them and start promoting products that is in your niche.
5. Services: This involves charging people for work done, selling your time or expertise.
Some traffic generating ideas includes:
It’s highly advised to stay away from duplicated article contents because it will kill the domain. Make sure you write up contents is unique.
Endeavour to write free books for up to 5-7 pages and give to people for free including links for your domain for people who will like to visit and encourage people to share the book.
Participate in targeted forum or forums in your market and drop valuable comments and post.
Article submission is very vital, you will be lucky if a publisher with huge list use your article as publication.
Using email signature is also very vital for the success of your domains.
 How to Sell Your Domain
At this junction, am sure for most people who are curious on how to make a decent income from domain. Well these are ways on how to sell your domain at reasonable amount without having to regret.
Congratulations you are on your way to making money with your domain name if you have followed the steps above.
The amount you sell your domain name is entirely your own decision but I can assure you that it’s a win situation for you.
If you are ready to sell your domain visit sedo.com, flippa.com and list it there for sell.
You can do a search on Google and see other sites where your domain can be sold.



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