Internet domain names can be worth a lot of money. The most expensive one to date was resold for $7.5 million in stock options in 1999. Domain names are valuable because even without advertising, they can still attract clients looking for services and products. Speculating in domain names was common in the heyday of the dot-com era, but experienced a slump for several years.
Now, this money making opportunity is seeing solid growth once more. As much as $500 million dollars changes hands through domain name resale. Every year, registered domain names are allowed to lapse to the point where 40,000 domain names are dropped every single day. This number is expected to double in 2008.
Buying and selling domain names is a speculative investment, a lot like flipping real estate. As of late 2006, there were an estimated 10,000 individuals worldwide who bought and sold domain names as a business venture. Many domain investors prefer to remain anonymous, since this is a competitive market.
For the last few years, these smart, lucky investors have been making cash reselling high-demand domains. Many peoples eyes are being opened to the opportunities in domain name selling. A smart investor can turn as little as $15 into website traffic and cash. This is less money than needed for any other type of investment. Returns on your investment can go as high as 2500%.
Even someone with minimal Internet knowledge can turn a profit in this business. If youre looking for an opportunity to earn money through the Internet, domain name sales could be what youve been waiting for. Domain names are hot, profitable, and in demand. The real estate of the Web, theyve been delivering higher returns than even conventional real estate.
Unlike the domain name boom in the 1990s, where domain name speculators bought domains in the hope that one of them would be the next big thing, current investors are able to cash in on the new online advertising boom. Thousands of the domains that expire daily were promoted by their original owners. These sites already have a linking structure and search engine traffic. This is the opportunity for you to profit from the webmasters negligence.
When you but this domain, you can use all the traffic it brings to secure profit for yourself. The majority of these domains are available for as little as $60, including the annual domain fee. With this little money, you can redirect traffic to other sites, use a domain parking service to generate passive income, or resell the domain name to a company looking to start or expand its website.
Domain name investing is the next big source of online profits. The market is ever expanding, and the amount of money needed to invest is lower than any other kind of investing. This $500 million dollar business is expected to at least double in size in the next year. If you would like to get started in domain name investing, you can find more information, and the secrets to finding the right domain, at http://www.shawncasey.com/domprof2. Dont be left out of the rush for the real estate of the Internet.
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