Tips and Tricks to Get You Started in Domain Name Flipping
Recent statistics show that over 4.1 million people today use the internet on a very regular basis. For an entrepreneur, these figures could be motivation enough to get you started in a lucrative business venture online; such as flipping domain names. There is huge potential for this business when it comes to generating traffic and of course making some extra bucks in the process. Of course, there is a huge demand for popular domain names that will align with one’s brand image and purpose. Continue reading to learn more on how you can get started in this venture.
To get started, you must look beyond the popular “.com” domain extensions. For starters, how about you think beyond the usual “.com” domain name extension and think outside the box? There are so many options at your disposal when it comes to domain name extensions. Most people begin their business using an extension that is specific to local SEO. For example, a “.us” extension will be perfect if your concentration is in the US market.
You must also look for the most lucrative niche for your domain name. You will see how important this is when you start optimizing your domains for the search engines. Look no further beyond a specific niche especially when you start creating a portfolio of all your websites. Since most people today love associating with in-demand site names, it would do you good to focus on buying and selling of only in-demand domains. It is also highly advisable that you find a niche that you truly love so you can give it your all.
Once you are done with the niche, the next important step is to focus on the keywords that are rich in SEO value. Invest in finding the most profitable keywords in your niche of specialization so you can increase traffic to your website. To get started in finding rich keywords, how about you conduct a keyword analysis to know the number of searches it gets in a month. Google keyword planner and niche finder software are ideal tools to get you started. Concentrate on keywords that give you at least 10,000 searches each month.
As such, before you invest in any particular domain name, take the time to learn more and picture who will be using it. As is with any other business venture, it will do you good to create a budget for your business and stick to it. You can always start off small and grow your way up as you start to gain more experience in this business.