If you are already into domain flipping or you want to jump into this business, this question may have come to your mind a lot of times.
Rather, I would suggest you to ask this question if you don’t.
Because it would help you understand its earning potential and help you make a clear idea about how much you can actually expect to earn if you jump into this domain flipping business. This article would help you get an idea.
Buying and selling domain names is certainly a powerful and profitable business model. But the question is how profitable it really is.
To find a satisfactory answer to this question, I am going to make a list of some of the most expensive domain name sales ever. The amount of profit the owners of these wonderful domains made was truly unimaginable.
Why? Because they could probably never have thought about selling the domains at such an expensive rate when they bought the domains.
Below are Some of Those Expensive Domains …
This is a list of some of the highest prices paid for domain names as noted in the news and media. However, this list is limited to only domains that were sold for more than $3 million. But the list doesn’t end here.
The reason of showing you some of these expensive domain name sales is only to make you realize how profitable it can be if you get the ownership of some good quality domains. The rest depends on how you promote the domains.
There are people making thousands of dollars buying and selling only domain names. Look below to see how much people are paying for some domains.
This is just a screenshot of some of the domains sold on Flippa marketplace. Obviously this is not the end. There are so many more domains sold for thousands of dollars. Click here to find out more sales like this.
Now why people pay such a huge amount of money to buy a domain name is a difficult question to answer right now.
But you don’t really need to think about that.
Rather you should focus on how you can get a portion of the profit or at least make a few thousand dollars every single month.
The good news is that it’s not as difficult as you may think it is. People don’t understand a very simple truth that you have the ability to learn any business skill you require at least if you have the desire to learn it.
The point I want to make here is this is absolutely possible for YOU.
But How Big The Market Actually Is?
In case you don’t know, there are over 300,000 domains being registered every single day and if you count that is more than 109,500,000 registered domains every single year. These numbers are only increasing every year.
Now with such a huge number of domains being registered every year, there is a huge market for domain flipping business.
Because almost more than half of these domains are not used more than a year.
Either the owners don’t use the domains for any website or they just don’t renew. As a result, all these domains get expired.
There are thousands of expired domains that can be sold for hundreds or even thousands of dollars. New businesses always look for domains that are already very popular and have significant reputation.
They would eagerly pay you enough just to acquire a good domain name that you own. So your job is to find out these domains that people are eager to buy.
I have already talked about how to choose the best domains. With hundreds of thousands of domains expiring every year, it should not be a difficult task.
Just get the ownership, offer to businesses and make money.
You can practically turn $100 into $1000 or $10 into $100 or more making you enough money from your domain flipping ventures. This is what makes buying and selling domain names a highly profitable business model.
Now the question is if this is possible for you or not. Of course, it is.
But you just have to seriously take action. Now when you already know the profitability of this business, you really have no excuse.
If you are seriously looking for a viable business online and want to invest your hard-earned money, I suggest you to try domain flipping. Invest your time to learn about it from experts who have successfully made money with this.
I don’t call myself an expert on this. But I know how profitable it can be and I am sure anyone can do it successfully.
There is a lot of misinformation available on the internet about domain flipping. Some say it works and some say it doesn’t. The truth is that they never tried or learned how to do it successfully.
As a result, they failed and now they are talking about their experiences.
What I mean to say is that if you find anyone saying that it doesn’t work, don’t believe. Because that’s their experience and you never know how they did it.
Yes! I am literally forcing you to try it. It works for everyone and you can really make enough money. That’s all I can say.
The idea is simple. Buying something at a cheaper price and selling it at a higher price. This simple idea works really well when it comes to domain flipping.
Because many times people don’t understand the actual value of a domain. This is why a simple $10 domain name can be sold at $50 or $100 just after a year or sometimes not even waiting for a year. Many would buy it just for its age.
However there are lots of different factors that you would learn with experience. For all the things you cannot learn from your experiences, here is a powerful course I highly recommend anyone to take.
Make sure that you may not always get the same success like experts who are doing it for years. They know a lot of things you don’t.
Your first domain flipping venture should be taken as a learning experience.
Slowly you will start learning new things and find more success. Now when you know your earning potential in this business and how profitable this business can be, nothing should really stop you Ever.
Now the decision is yours. Don’t think. Take action now.