Buying and selling domain names is an option to make some extra money online. Although most good domains are already years registered you can snap up quite good names for a few bucks on webmaster forums / marketplaces. Most of the times I buy a domain with an idea to develop. But as you might guess, that idea will soon be collecting dust or i’m not getting the motivation to get things done. I’m working on the motivational thing though, more on that later…
€120 profit with zero work
The domain I bought set me back €140 and I bought it on a domain auction site. There were a couple of other bidders that drove the price a bit up. It was a pretty generic term in the web hosting business and actually was trademarked. The plan was to build a review kind of site about web hosting but I decided to sell it off as I have much more domains and old sites that need my time. I ended up selling it at a webmaster forum for €260.
Yesterday I bought another domain for €50 which has an exact search of 22,000 monthly for the term. It is in the recipe niche and this domain will be developed into a website. More on that later.
If you have any questions or good stories about buying and selling domain names, don’t hesitate to put them in a comment 🙂
