How do you create and sell domain names?

Selling domains can be done through domain name auction and marketplace websites (sedo.com, etc.) but you have to expect that they will take a cut of sales, and auctions are not the most profitable because you can’t expect big figure sales. A much better approach to selling a domain name is to research a possible market for it. Here is an example of what the process should look like:

1. Research current industry trends, for example: car automation is on the rise, virtual reality is somewhat of a thing, crypto currency and mining, to name a few obvious ones. If you are able to spot a niche technology or trend and beat others to it, then you could think of some domains in that niche, but also keep in mind:

2. Even before registering a domain, you should do some research of possible clients. Companies that would see buying that domain as a sort of investment. When you can find those, you will be making more serious profits.

3. Contact those companies by email and maybe even phone, but prepare a solid marketing strategy for your domain name, with some points on how it could benefit them. The value of the industry in question will determine what price you can ask for the domain name.

You should have some idea of its average worth.
Join the ranks of the NamePros Community, a large community of domainers that could prove valuable to you in your success as a domain speculator.

Comments

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