Hi all
I relise this has been asked before however the internets changing and googles changes may have opened/closed certain doors in the domain industry also i have some more direct questions.
Im looking at domaining from as long term money making business, id like to systemise the business making consistant profits if possible. 2 ways below id like to look into.....
Number 1.
Buying a Domain name in an area im passionate about such as property investment or travel, and developing a site to make money from.
My questions.......
Finding a suitable Domain! what do i look for domains with exsisting traffic that drop/expire? or does that not matter can i create traffic to the site?
Is it possible to generate £1000+ per month from a good website? if so how do i put adverts on there? what about membership sites i heard these are really good to do.
Number 2.
Trading Domain names
My questions
Iv sold 1 so i know it works but the work involved it wasnt really worth it unless i can sell for a higher amount.
So buying Domains with an end user in mind and been able to sell each Domain for £1000+ each is the plan but what advice can anyone offer me for doing this?
Iv bought some Domains that id like to try and sell but after contacting end users they havent responded even though the Domains were VERY good for their businesses, so do i offer out again and lower price? or move on but try and find a more luctrative nieche area?
Id apreciate anyones time repliying to this post
Thank you for looking!
I relise this has been asked before however the internets changing and googles changes may have opened/closed certain doors in the domain industry also i have some more direct questions.
Im looking at domaining from as long term money making business, id like to systemise the business making consistant profits if possible. 2 ways below id like to look into.....
Number 1.
Buying a Domain name in an area im passionate about such as property investment or travel, and developing a site to make money from.
My questions.......
Finding a suitable Domain! what do i look for domains with exsisting traffic that drop/expire? or does that not matter can i create traffic to the site?
Is it possible to generate £1000+ per month from a good website? if so how do i put adverts on there? what about membership sites i heard these are really good to do.
Number 2.
Trading Domain names
My questions
Iv sold 1 so i know it works but the work involved it wasnt really worth it unless i can sell for a higher amount.
So buying Domains with an end user in mind and been able to sell each Domain for £1000+ each is the plan but what advice can anyone offer me for doing this?
Iv bought some Domains that id like to try and sell but after contacting end users they havent responded even though the Domains were VERY good for their businesses, so do i offer out again and lower price? or move on but try and find a more luctrative nieche area?
Id apreciate anyones time repliying to this post
Thank you for looking!