When the .com domain launched on March 15, 1985, it was at a slow pace, but today it is the most popular domain on the Internet, with many people spending thousands of dollars a day to acquire it. There are currently more than 115 million.com domain names registered and the number is still growing. The introduction of new generic top-level domains (gTLDs) opens up new opportunities for those willing to use their brains to make big bucks on the World Wide Web.
You can get rich with the new gTLDs if you know how to flip hot domains. If you know how to spot a potentially hot domain and how to flip it, you might become one of the internet millionaires of our time. The process is very simple but requires dedication and hard work. New gTLDs include .club, .agency, .photography, .band, .boutique, .academy, and so on. Your job is to register domains you think are hot, leave them parked and wait for their buyers to come.
One way to identify potentially hot domain names is through keyword research. You can use Google’s keyword research tool or Wordtracker or both to identify trending keywords and if you spot them you should register them using the new gTLDs. When registering the domains, you should use the right registrar to make the process easier for you. There are some registrars that give you extra incentives when doing business with them. For example, some of them offer you free valet parking if you make a certain number of purchases.
After registering the names, you can either keep them or park them. If you keep them, wait for buyers to pick them up. On the other hand, if you decide to park them, they will become visible to search engines and you can make a few bucks off them before your buyers come. The latter option is ideal, since domain name registration can be renewed every year. However, since domain parking involves search engine optimization, parking all your domains can be a tall order. Consequently, you should select a few to park and keep the rest until your buyers show up.
If you want to know how much you can earn from domain flipping, you should visit top sites like Flippa, Sedo as well as eBay and see their top sales. You’ll be amazed at how much a domain can sell, especially when it’s in high demand. As a result, you have to act faster than others as the online competition is very fierce. If you can get the hot domain names before anyone else, you will definitely join the league of those who have made some serious money domain flipping. The secret to domain flipping is to register as many potentially hot names as possible, since you don’t know who is giving you a breakthrough.
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