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Posted: May 14, 2012 |Comments: 0 |

Exchanging domain names is a speculative business. Don't let anyone let you know otherwise. In some ways it's a bit such as the lottery... only with the benefit of being able to complete some intelligent market research on what may end up being probable "winning tickets" before you buy.

I'm going to give you a few simple tips for tilting the odds in your favor with regards to buying and selling domain names, AND... offer you the absolute best way to make certain that most of your sales are successes, as nicely. Curious? Let's take a closer look below.

Very first, understand THIS because it's true:

Buying catchy domains randomly, just because you think they sound great, is NOT a smart strategy in 2012. Can you find something cool that has value if you're creative? Absolutely. But the chances are, you are likely to spend a ton of time (and money) obtaining domain names that have NO real world worth, for that one that does.

And... your PERIOD is valuable. The opportunity cost to find the random, valuable domain is generally not worth it for many.

Here is the KEY:

Think local. And think quality value professions that are not yet completely assimilated to the online culture. Doctors, lawyers, financial professionals, accountants, experts, and even some real estate industries are the kinds of markets that have high earnings, but often have people employed in them that are NOT all that web experienced.

The truth is, in 2012... many of these industries are starting to see lots of their business migrating online, and professionals who DON'T have a presence will be slowly but surely pressured to do so if they would like to thrive, let alone survive.

Your job as a good online investor?

Find good domains to buy you know have cache in your local marketplace, and then start the procedure of contacting the ideal audience within those areas for re-sale.

The REAL secret?

Develop the domain names first. And then think deep and wide regarding other products, services and offers that those experts need. For example, the difference between selling a doctor a local medical domain in his / her city that has a registrar "splash" page, along with a blog MIGHT be $1000.

The time it takes to set up and configure a blog?

Less than 30 min's, and that's if you're slow and watching TV within the background.

Of course, that also provides you AMPLE chance to develop content for the site, build a internet marketing consulting business, search engine optimization services, offer social networking management if you choose, etc.

The truth is actually, selling a good local domain might net you 10 to 50 times that which you paid for it if you pick properly.

Promoting a moderately developed domain, with an ala cart menu of marketing behind it may exponentially increase that multiple to 100 times, or much more, and STILL provide massive value to your clients and clients.

I like to look at the re-selling from the domain as the absolute bottom rung on the totem pole of techniques that the visionary online entrepreneur uses to gain a foothold available.

It's often the BEST first step, because it provides you with control of the underlying asset. But creativity is actually key... and if you are serious about achievement, creating a whole suite of services you may add, integrate and offer your domain purchasing clients may be the true path to piles of perpetual profits. (and is a great deal of fun to boot! )

Rakesh - About the Author:

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The sell domain names business is a multi-million dollar industry that not many people are taking advantage of. Domains can sell for MILLIONS and you can cash in on it! Learn how here!

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The addition you choose makes a declaration to buyer about where you are and who you are direct at a goal to interest for domain. For example, .Co.Uk tells citizens you are function out of the United Kingdom, and .Ca tells them you are function out of Canada. If that is significant to you, then register suitable way of domain. If you would slightly give out them reaction of being a large-scale company, or located in the US, then choose a .Com name.

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