What on earth is domain flipping?
In a nutshell, it’s the classic “buy cheap” “sell dear” salesman trick but applied to domain names. In much the same way as it used to be possible to buy a house cheap and sell it on again for a profit.
It all sounds really simple - and a lot of the time, it’s so easy you likely won’t believe it can be done.
Domain flipping can be done in several ways.
The simplest way is to buy a domain name that you like the sound of and sell it on, doing nothing else to it. If you’ve got a buyer in mind before you snap up a domain name, this may be all that you need to do. This works even better for those typos we all make when we tap in a domain name by hand even with your browser helpfully completing the domain for you (if you always spell “New York” as “New Tork” because you’re in a hurry for example) then it’s possible these typos will bring in traffic on their own.
Consider predictable future events that will be popular in a few months or even years but are buried on page 64 of the newspaper at the moment. Moveable events like the Olympics for instance where there is a build up before the event and massive traffic during the event itself.
Probably the majority of people who flip domains go a step further and increase value by adding some content to their domain. Face up to it, it’s not too likely that you’ll be able to find a domain that’s instantly worth thousands of dollars. Most of the time, you need to give your potential purchaser an extra reason to buy the domain names you’re selling. This could be anything from selling a handful of closely related domain names right the way up to putting content on the domain and boosting your Page Rank accordingly.
Which means that the domain flipping market can be a mixture of short term “buy and sell” deals, medium term where you build a bit of traffic and turning a decent profit when you sell on the site and long term where you’re making so much income that you’d need a hefty check to tempt you to sell your domain.
Find out how you can get started domain flipping today.
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