This is from a business/motivation series of lectures I attended. This one is about making money by creating domains for customers.
- real estate: virtual real estate/domain
- vacant land domain name/URL
- building
- Rent leasing or advertising.
- Agent
- Cost $000 registration can be as low as I dollars.
- ROI = 10% ROI = 1000%
- Foreclosure expiring or dropping.
- You profit big, by buying and developing domains that people will want to buy from you.
- Lookup Dinesen Orme. And see how much that search is worth.
- 5000 people will look up a dentist in a major city.
- Someone created a website called jolt to.com who would look that up?
- Dennis may pay Google $.05-$.16 per click
- take 10% of the income and spend on yourself, 10% tithing the rest may be reinvested.
- Article: flipping for domains, Forbes
- article: what a killer domain name is really worth. Magazine IMC
- successful domain traders: Frank Schilling, marc Ostrovsky
- begin with an end in mind.
- Know what you want to sell before you start buying
- the higher the number of potential buyers. The quicker the sell ofthe domain.
- High ROI, low risk.
- Simplify: maximize cash flow, not just profits.
- “If you have great ambition. Take the biggest step as possible in that direction”
- Four steps of domain real estate:
- when a domain auction. Via Go Daddy.com
- Monetize the domain.
- Lists for sale
- Market propaganda
Do you have something to add? Please do so in the comment section of this blog.
