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How To Become A Profitable Domain Name Flipper

Author : Janise Majette

The ability to buy and sell domain names is not a new thing and has been around for many years. People having been flipping for domains for small profits and as well as really big ones. If you look around you'll see that there have been many popular domain names such as and that have sold for millions of dollars. This tells everyone that the domain flipping business is a legit business that has real potential. But to be a successful domain flipper, you have to start, set your goals high, be willing to take on risk and test the waters.

If you choose to flip domain names for money, then you must concentrate on a few of the main things that people usually overlook when they start out like picking out the right domain extension. Should you go for a .com? or a .net? or an .org? For the person who is new to flipping domains, this can be very complicated. But you shouldn't encounter any problems if you follow a few rules. So how do you pick out the right domain name extension? You should always aim for the .com extension first because that's the most successful one and is always in demand. If you cannot get a .com then choose a .net as a second choice. If either of these two extensions is not there then get the .net extension as an alternative. You should not select any other extension, although there are other ones available. The extensions that are recommended are always very much in demand. So, just use the market as your guideline and you will succeed.

When it comes to selecting your niche for the domain name that you're looking out to buy, try to target a market you're already familiar with. This will let you see what your target audience likes. Being familiar about the niche that you are targeting will really help overall. For example, if you have not be a part of the Forex niche in the past, then you will not be familiar with the important keywords in that niche. This does not indicate that you should not try this niche. Do it by all means. Just make sure you gather some knowledge about the niche before actually pushing yourself into it.

Also, ensure that the domain can be branded, short and relevant to your niche. For a short period of time, change places with your customer. See if you would buy this domain name if it's up for sale. Only proceed further if you are sure about your decision. All of this consists of taking those risks that have been planned before.

Get real about this. Domain flipping should be taken seriously and will earn your loads of cash and provide financial security.

You need to get started right away if you want to see results. If you do not set anything in motion, there is someone else will. It would be easy to think of reasons for why you did not do the things that you should have. Do not let things get to that point. So go on and start your new venture flipping domains if you are still sitting on the fence.

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Submitted : 2011-05-06    Word Count : 575    Times Viewed: 360