» Make Money With Domain Names

Making Money With Domains

Making money with domain names is not that hard, Its like with any business you buy low and sell high. Anyone with bit of guidance can buy and sell domain names and make profit. A lot of people have made lot of money in the .com market and still people are making good money flipping domain names.

The domain name market has changed quite a lot in the past few years and it is not the same as it used to be. In this article we will show you how to make money with domain names in New Zealand.

Getting Started

With every investment you will need few things to get started, it is the same case with domain names, you will need money, good ideas and good guidance.

List of what you need

Money : You will need money to buy domains
Ideas : You will need to come up with good domain names which haven’t been taken already.
Guidance : You will need support on how and where to buy domain names
Place to sell Domains : You will need an affordable place to sell domain names
Profit : You will need to sell domain names to make profit

How Much Money You Need

Good thing about domain names is that it is very cheap to buy domain names. A .co.nz domain name will set you back around $25 NZD and this will be your for a year.

If for any reason you are not able to sell it within a year then you can simply let it expire. Unlike other investments all you will loose is $25.

The risk to reward ratio with domain name is great and anyone with good ideas will be able to get good returns on domains if done right.

Good Ideas for Domain Names

Good domain name ideas are hard to come by, one mans good idea might not be so good for others. For a good domain name idea it must appeal to a wider range of people.

Example : Auckland.co.nz is limited to auckland area and will have not much value for the rest of New Zealand, but if you had a domain Newzealand.co.nz the your audience will be much bigger and you will have a better chance of selling your domain name and you will be able to get a better price for it.

Guidance

Selling domain names is not as easy as it used to be and getting the right information and advice can be the key in making good profit with domain names.

Do your own research, get a domain valuation and see how you can maximize your profit. Find out what your domain name appeal to the most, is it the domain investors, business owners or general public.

These are some of the basic stuff that you need to know before you get into making good money with buying and selling domains.

We are here to help you make profits with your domain name so if you need any help or domain name guidance please feel free to contact us.

Sell Domains for Profit

Finally you got a good domain name and you are ready to sell it. Finding the best place to sell your domain name is crucial so find out how and where you can sell domain names in New Zealand. When looking for a place to sell domains in NZ make sure you look out for few crucial things.

Listings Fees : What is the listing fees to sell your domain names.
Commission : What is the percentage for commission
Fees : Any other fees or charges to sell your domains

These are few things you should look for when listing your domains for sale.

Profit with Domains

Making profits with domains is not hard if you know how. You will need good ideas, good support and a little bit of time and money.

How to make money with domain names with an example:

Domain Name Cost : $ 25
Domain Name Listing Fees : $10
Domain Name Selling price : $200
Total Profit : $ 165

Now imagine domain this over and over with 100 domains. Small profits will add up in no time. There are lot of domain name investors making full time income buy and selling domain names for profit in New Zealand. So give it a go, start small and see how you go. We are here to help you if you need any guidance in buying and selling domain names in New Zealand

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