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E-Folder - How to Make Money Buying and Selling Domain Names - 5 Part Series
Back in May of this year I talked about wanting to and the world of domaining. I finally did and for the last six months I've been tracking how I've been buying, and recently selling domain names. I've done decent at it, making a 65% return on investment, and thought I would write about my foray into domaining in a 5 part series titled According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product rong>Domaining for Beginners. Part I - How to Make Money Buying and Selling Domain Names Part II - My 65% ROI in 6 Months Buying and Selling Domain Names Part III - How to Get Started Buying and Selling Domain Names for Profit Part IV - A Simple Me ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in thod to Get a 130% APY Investing in Domain Names Part V - What is the Future of Buying and Selling Domain Names for Profit My domaining skills are decent, however I must warn you, there are a lot more people making a lot more money, buying, selling and parking domain names. I'm just here to give you a primer on what lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. 've done and how it's worked. Take what you will and use it or toss it. I don't claim to be an expert, I just feel like sharing my small success. Domaining in the sense of strict investing in domain names and squatting on them is simple. You buy a domain name that receives traffic, type-in or referral, and you park the name with a site th here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe at provides the layout, the advertising and the tracking of all this action. I'm going to stick with this simplest form of domaining because it involves the least amount of work. Also I'm going to use the word domaining rather than squatting because there are a lot of negative connotations that go along with domain squatting and I'm not tr d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ing to perpetuate negativity with this business. Type-Ins and Typos The first type of names you can get are type-ins. They can be broken down into two basic categories. One is someone typing in the wrong spelling of a domain name, or Typo, and the second is a real dictionary word or phrase that is better ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc known as the real Type-in. Typos The typos are the ones that most people (non-investors) despise because they are trying to get to a page they know exists, like a newspaper, or a famous blog, and someone has registered a common typo error and has parked that name with a service which we'll get easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi o later. There are also some investors who dislike certain typos, but really where do you draw the line? Typos are some of the riskiest domain investments and proper research and guesstimation is essential to limiting you risk. Prices are usually strictly based on earnings for several reasons. First typos are difficult to predict because nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically one day a website can be all the rage and the next day it can tank, or vis versa. Two, there are sometimes is trademark issues with typos which from my limited experience and searching of the forums, no one is too certain about. But you must always be weary of the Cease and Desist Letter (C&D). Also, there are people who park names that and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ ave nothing to do with adult content using adult content words, thus display adult content advertisements, which in my opinion is wrong. Most parking services will quickly remove your account from this so a lot of people don't practice this. However, that's not to say that people aren't redirecting their names to adult sites. I don't recom ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi mend this practice and it's just not an honest way to make a buck. Type-Ins The other type of Type-in is the real type-in. Names that are naturally typed in that contain real "dictionary" words or word phrases. Things like Candy, Songs, kitchensupplies, and a lot more. These are the names that are worth a lot more than their ear ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a nings because you can always get someone who wants to come along and buy a catchy 2 word phrase that is will to pay you way more than what you are earning on the name. Natural Type-in, real spelling names, are also much better for search engine rankings. Most search engines will rank names containing the same and real spellings of searche dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod s keywords higher than random or misspelled domains with similar keywords. Although your content can be strong enough to pull in many searches (just look at ebaumsworld) you'll have an easier time with real words relating to your site topic. These are the names that most domainers strive to get to because they are the safest investments, cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin especially if they are getting natural type-in traffic. You can earn money while you wait for someone to want to start a site based on your parked name. Referral The next type of domains are those domains that have a lot of referrals to them either through searches or backlinks. Since backlinks usually aides in searches tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen won't break this grouping down but I will say that there are a lot of type-in names that have never been developed with content that are still number one in Google search results. The others are sites that have been developed before and are now parked. They used to have great backlinks, still possibly have indexed pages and page rank and t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel are for sale as undeveloped sites. These are names that you must be careful with because a lot of links to these pages may disappear. Webmasters clean up their links all the time and if they link through and see a site is now parked they'll loose the link in second, guaranteed. With that lost link you may loose a lot of your traffic. The ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust e should only be bought at the right price. Now you may think, well I can just list my parked names in forums, on websites and build links that way. Wrongo, if you read the Terms and Conditions to most parking sites you'll read that you can only have natural type-in or search traffic. No referral that wasn't natural prior to ownership is y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products usually standard. Now you can't help it if the name had links previously and starts out with a lot of traffic. But if you build traffic the wrong way, parking sites will get you! Domaining Isn't a Bad Word I want finish up Part I by saying domaining isn't a bad word. Think of it as owning a piece of real estate in cyberl . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de nd. My thoughts are that parking a site is providing the user, who might type-in naturally or via the typo, with ads that provide them with sites that may or may not be of service. Most of the parking sites get their ads through Google and these are the same ads that people have plastered all over their websites in optimal places for you t elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip o exit their pages from. The reason most people frown upon it is because it's a really easy way to make money and they're just mad they don't have patience or technical know-how to get into it. But as I'll show you in the next part, I don't spend a lot of time looking for and buying domain names and I was able to make 130% APY in 6 months tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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