Should I buy a domain name that looks valuable, in order to resell it?

Many domainers just buy domain names and put them on auctions again hoping that someone else sees more value in it and will pay more so they can make a profit, but that way your profit is much smaller.

My personal experience is that you should not buy premium domains just on a hunch, but rather first do some research, if you are really good at it you will find a few possible clients for that domain name and only then buy it and offer to resell it to potential clients.

Use online business directories, Google Business, social media to search for clients.

Contact them with offer and if needed try the phone too, but prepare a “ short presentation” why they should have the domain name you are offering.

Sometimes it’s because the domain name matches their business perfectly, and sometimes it’s because they wanna buy it to block competition from getting that perfect domain or the domain name has strong traffic because of good keyword combination and they could redirect it to their main website to get that traffic for themselfs…

There are some guides on the internet that give more detailed information about the whole process:

http://robsequin.com/sales.htm

https://www.domaininvesting.com/reaching-out-to-a-potential-end-user-domain-buyer/

Also if you have not already then you should join the largest domainer community on namepros.com

Good luck and good profits!

Comments

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