Domain Business Success Tips

Succeeding in the Domain business is not child's play BUT it is not brain surgery either. Many domainer's just all of a sudden find themselves 10 50 200 names deep into the domain business before they realize they got to start making some money. I know this since I am talking from experience. Since so many enter the business without a plan or goals many eventually lose money and fold.

Racking up a significant domain portfolio is easy. It usually starts with one idea for a website. Before the site is up and running you get 3 more ideas and then you register 10 more names. 2 years into the business perhaps with 2-3 websites the renewals come up and then you start looking into selling or monetizing those names.

This website is designed to Cut to the chase. There wil be some very valuble lessons in here so I humbly suggest that you bookmark this page for future reference.

The CURE: Treat your domain business like a serious business.

The first thing domainers need to realize is that everything should be for sale - and if it is for sale - it should be marketed. Domain marketing is mostly set-it-and-forget-it type of efforts.

Simple Success Strategies

Step One: Well, you can't start a domain business without domains and the best place to register them is GoDaddy.com. Don't hate GoDaddy just because they are now the world's largest registrar. Bob Parson the founder has created a fantastic company - one that have steadily grown while others have struggled and vanished. The most important factor about using GoDaddy is that all (well most) domainers have a GoDaddy account which makes names more attractive to buyers since they don't have to worry about the transfers. All you do to transfer a name within GD is a simple and fast account change after you have sold (or bought) a domain.

Step two: The very next thing you do after buying a domain is parking it. No domain should lose a single day of potential traffic/revenue. The absolute best place to park your domains is NameDrive. (See why). I have tested and tried most domain parking services and have devoted a whole site to Domain Parking. See more strategies at DomainParkingGuru.com. Parked domains should be very carefully set up - If done right this is the only time you need to mess with your domain - so spend the time and get it right. You need to carefully pick a category and sub category since these choices will have a big impact on what kind of sub headings and link choices the page will feature. Then you need to pick the graphic template - The category default template is not always the best for your name. Then you should pick a few good keywords and keyword Phrases. Make sure the words you chose don't result in some unexpected and unwanted ads. What is great about NameDrive is that you can instantly see what kind of ads you get. You should learn more about Domain Parking alternatives. Some domain names lend themselves perfectly for Private Label Storefronts. See www.PrivateLabelHQ.com

Also learn about creating fast minisites - a great alternative to domain parking: See report

Step Three: Next thing you need to do is to tell the world that you've got some great names. This can all be free - You should not spend any money promoting your names BUT I do recommend you spend the $20 to become a member of AfterNic. You will be able to showcase all your names for sale + you get access to their forum + you can pick up great names for cheap at their Bazaar. By just referring 2 people you get your $20 back. The most important one to join is SEDO. It is the most global and widely used domain marketplace. Of course with size comes also obscurity. Your names will fast disappear in a maze of gazillions (literally) names. Just make sure you spend the time to categorize your names and give them a description. This is where you will set yourself apart from all struggling domainers - by doing the simple small things. So many domainers buy more names than they can handle.

Other great free places to showcase your names are Domain Communities and web master Forums. Some of the best ones are:

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