Anyone do domain flipping here?

Does anyone do domain flipping in the case that they look for soon expiring domain names then try to go out and find similar websites? After finding a list of sites, try to send an e-mail to them and ask them if they would like to purchase the web domain to add to their site?

I am curious about this but I do not know if it is profitable or not. Does anyone do this themselves or have you ever heard any information about it?

Thanks for any replies or any information at all!

 

Sounds interesting to me. Never tried it though.

 

yes one of my friend has told me about it before. Its sounds like a good way.But need some tools to find such domains.

 

Yes. interesting idea.

 

Never done it myself, but I've had people email me to offer similar domain names to me, but in most cases I develop my sites with content and try to get traffic from search engines, and if people only ever a click a link to find me then what's the point of having a different (and they say better) domain name?

 

I unintentionally did it once. I bought a domain name that was dropping and then didn't do anything with it. I emailed the owner of a similar domain name (his was hyphenated, mine was not) and offered to sell him the domain in the low $xxx range. He was pissed! He did everything from reporting me for spamming to my ISP to trying to take the domain and calling me a squatter. Needless to say that I still own the domain 4 years later and have it redirecting to a company who is competition to the turd I tried to sell the domain to.

I'll never try that again. I honestly thought I was doing the guy a favor since I just didn't want to develop the domain after I acquired it.

 

You can do that or you buy domain names of new products....Like think about how much you could get if you had purchased the domain name Ipad.com....you could sell it for hundreds or thousands even.

 

Or, if you're mean with databases and computational analysis, you can figure out which ones will rebound in PageRank once dropped, but those for $7 and sell them a few months later for $50+.

I'm not a fan of the emailing method. Takes too much time, and you run into the wannabe intellectual property lawyers. OTOH, the folks who pay for PR domains at auction are a consistent, no BS crowd.

 

Sorry to say but what is domain flipping?

 

Domain flipping is buying a domain name with the intent to sell it quickly for a profit.

 

Domain flippping is also entail know the right name and making it catchy.Using power words like"Secrets","Killer" etc.