http://iHaveTheBestLife.com - Your Master plan to make Money with domain names! Domain names are quickly becoming one of the most valuable commodities on the entire Internet. Good domain names can sell for ridiculously high sums, and make their owners a lot of money.

1. Fast Cash with
Domains
Your Master plan to make
Money with domain names!

2. Can you really make money with
domain names?
Domain names are quickly becoming one of the most valuable commodities on the entire Internet. Good domain names can sell for ridiculously
high sums, and make their owners a lot of money. Just to show you some of the possibilities here are…
Recent Domain Name Sales
Some people would have you believe that it is too late to make money with domain names. This notion is not only ludicrous but also absolutely
false. There is still a lot of money to be made with domain names and there is still plenty of opportunity. Let’s take a quick look at some recent
domain name sales.
www.PersonalLoans.com
Sold for $1,000,000 on February 29th, 2012.
www.Jackpot.com
Sold for $500,000 on April 18th, 2012.
www.BowlingBalls.com
Sold for $225,000 on February 9th, 2012.

3. These are just a few examples of recent six and
seven figure domain name sales. When you
bear in mind that. com’s only cost $10 per year
to register it starts to become obvious that
there is a lot of profit to be made with domain
names. But why would someone pay that much
money for a simple domain name?

4. Why Domain Names
Are Valuable
A good domain name can make or break an Internet based business or individual service
provider. This is because the domain name is part of the brand and identity of the company.
Before the Internet, most businesses had to rely on easy to remember jingles, rhymes, and
phone numbers in order to stick in the minds of their consumers. Even though a lot of companies
still do those things today, domain names are quickly becoming the premier choice of business
owners who want to brand their companies and stick out to their customers.
When you factor all of these separate things together it, becomes clear why someone would
spend hundreds, thousands, or even millions of dollars on a “simple” domain name!

5. How to Make Money
with Domain Names
Making money with domain names can be reduced down to a simple three-step process at its most basic level:
Step 1: Acquire a good domain name at a low price
Step 2: Put the domain up for sale
Step 3: Profit when someone buys your domain name at a price higher than what you paid for it.
There are a lot of little nuances that go into making money with domain names, but this is how it works. However, a
lot of people never are able to make money with domain names because they fail at step 1. You have to make sure
the domain name you are buying is actually a good one!

6. What Makes a Good
Domain Name
Whether a domain name is good or not makes all the difference in the world in terms of the amount of profit you
can expect to receive when you try to sell it. There are several different methods you can use to grade a domain, in
order to tell if it is going to be profitable or not. Following these criteria will help you quickly determine if you have a
chance of making money.
Good Domain Names Are Easy To Type
A good domain name is easy to type into the Internet browser. This means that you should avoid domain names that
have two of the same letters in a row. For instance http://www.domainname.com wouldn’t be very easy to type.
This is because most people are bad typists and the likely hood they will make a typo with a double letter domain
name is very high.

7. Good Domain Names Are Not Too Long
A good domain name should be relatively short in length. This also is because of the fact that
many people are bad typists. The longer your domain names are, the more chances you give the
website visitor to make a mistake. Short domain names are very valuable because of this fact.
Good Domain Names Are Easy To Pronounce
A good domain name is also easy to pronounce when said aloud. If your domain name is difficult
to pronounce then it will also be difficult to type. If your domain name is difficult to type you will
have a lot of your website’s visitors making typographical errors. Also, if your domain name is
difficult to pronounce it will also be difficult to remember.
Good Domains Names Are Easily Brandable
People usually will invest in domain names that they can build a brand around. With many
Internet companies, the domain name is the brand. Examples: shoes.com, comicbooks.com.

8. Good Domain Names Are Easy To Remember
A good domain name will also be easy to remember and stick out in your prospect’s mind. This
way, whenever your prospects think about products or services related to your website they will
remember your domain name.
Here are some of examples of domain names that follow every one of those criteria:
http://www.google.com,
http://www.shoes.com,
http://www.amazon.com,
http://www.zappos.com,
http://www.yahoo.com,
http://www.bing.com
So now that you know what makes a domain name a good one, the next natural question is
where to get them.

9. Where to Buy Good Domain
Names
There are a many places where you can buy unregistered for just a few dollars per year. Like any other industry the
domain name registration business is dominated by a few major players:
Godaddy – http://www.godaddy.com
Namecheap – http://www.namecheap.com
Name.com – http://www.name.com
Register.com – http://www.register.com
All you have to do is go to these websites and enter your domain name into the search bar. If the domain name is
available you can register it on the spot and add it to your domain name collection. If it is already registered you still
may be able to get the domain name if the owner does not reregister it when the domain name expires.
After you start acquiring domain names you are going to want to start selling them to other people at a higher price
than what you paid in order to begin making money. There are many places to do this.

10. Where to Sell Domain Names for
a Profit
Domain names change hands on many venues on the Internet. There are literally hundreds of places to list domain names for sale, but the biggest marketplaces often
bring the most interested buyers to your domain names. There are three main ways people sell domain names online. These are domain name auction websites,
domain name message forums, and private domain name brokers.
Domain Name Auction Websites
Domain name auction websites are like online auction houses. They function very similar to eBay, where a domain name is placed up for auction. People can then
leave bids for the domain name over a specific time period. After the auction is over, and if the bidding has risen past the reserve price, the domain name will be sold
to the highest bidder.
Each domain name auction website is a little different, and the rules may change from site to site. However, they all perform the same basic function, which is
providing you with an online platform to sell your domain names.
Here are the top domain name auction websites that have the most buyers:
Sedo – http://www.sedo.com
SnapNames - http://www.snapnames.com
GoDaddy Auctions – http://auctions.godaddy.com
AfterNIC – http://www.afternic.com
Bido – http://www.bido.com

11. Domain Name Forums
Another popular place to buy and sell domain names is on Internet message forums built specifically for the domain names industry. Not
only do these forums provide a great communications platform for people in the domain industry, they also have busy marketplaces.
At any one time, there could be thousands of people browsing these marketplaces seeking deals on good domain names, so if you have
one it is definitely a good idea to list it on one of these forums.
Before you start registering at domain name forums and just wildly listing domain names for sale, you should take some time to get
familiar with the community and people on the forums.
Each forum is like a self-contained community and each of them have slightly different rules and regulations. With this being the case, it
is definitely a good idea to familiarize yourself with the other users and forum moderators before listing domains for sale.
Here are the biggest domain name forums online that have the most activity:
NamePros – http://www.namepros.com
DNForum – http://www.dnforum.com
DNC.ca – http://www.dnc.ca
DomainState – http://www.domainstate.com
ccTLDs – http://www.cctlds.com
DNTrade – http://www.dntrade.com.au

12. Private Domain
Name Brokers
Another way of selling domain names is by hiring a private
domain name broker. These are people who specialize in
bringing buyers and sellers of domain names together. They
usually make money by charging a finder’s fee to the seller,
and/or taking a percentage of the final sale price. Domain name
brokering is a very time consuming process so many domain
name brokers are not cheap to employ.

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