You might have heard about this before. But do you know how it works? If you know what to do, you can make some money with this method. Some people make a living doing this.
So, the basics are: you buy a domain name and then sell it and make profit. But wait, don´t start buying all the domains because some won´t work for this. Domain names with popular keywords on it tend to have more traffic, so this means that before you start buying domains, you have to do some research to find popular keywords.
Keywords around “money” are always a safe bet. People will always will be looking for ways to make money online/offline and for ways to save money. “Weight loss” and “Fitness” are also good ones. These kind of keywords will always be popular.
Okay, now you should have some ideas for domain names. You need to do some more research and find the places that offer lower fees to register domain names. The less you pay to register, the more profit you will make later.
Now you have 2 choices: sell it or hold it. If the domain you register is very popular, then you can make a simple website and put Google AdSense ads on it, and make money every month from it. Sometimes it´s worth keeping the domain. If you are not good at making websites then you can sell it.
If you want to sell the domain name, them you should go to eBay. Many people flip domains there. You can use the auction format to get more money from your domains. If for any reason you can´t sell on eBay, you can also try in classified directories all over the web.
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