10 steps on how to succed making Money on Domain Names

10 steps on how to succed making Money on Domain Names

One of the most spoken deals in domain reselling was the sales of www.cellphones.com was sold for USD$4.2 million in cash. The original owner paid USD$90 for the name in 1996

“The secret has to do with what's known as type-in traffic, or, in Wall Street jargon, direct navigation. Though it may seem odd in the era of powerful search engines, it turns out that millions of Internet surfers don't use search at all. Instead, they type what they're looking for right into the top of their Web browser.

Looking to buy candy? Type in Candy.com, a name Rick Schwartz bought in May 2002 for USD$108,000. A page filled with links to candy-related products comes up. Click on one of the ads and the advertiser pays Google, which in turn sends a share to Schwartz and the company that runs Candy.com. Some days Candy.com makes Schwartz USD$300 in profits; the site paid for itself in a year and a half. “ - via Business 2.0 CNN Money

Just to let you in on some trends in todays domain sales market is a top 10 overview from 2009 made by Domain Names News online services.

Toys.com sold for 5,100,000 USD, bankruptcy auction

Candy.com was sold for 3,000,000 USD, PVT sale

Fly.com was sold for 1,760 ,000 USD, Sedo

Auction.com was sold for 1,700,000 USD, Pvt Sale

Webcam.com was sold for 1,020,000 USD, RickLatona.com

Server.com was sold for 770,000 USD, Sedo

Talk.com was sold for 500,000 USD, Sedo

Top.com was sold for 357,500 Euro, Sedo

Body.com was sold for 400,000 USD, Sedo

Forums.com was sold for 399,999 USD, Sedo

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