How to Invest Your Money in the Right Domain Name

Discussion in 'Domain Names' started by monsur, May 5, 2011.

  1. #1
    Even in today's competitive environment, it is still possible to find loads of ways to make money and get in the online marketing game. However, when we talk about domain investing, the rules are bit different. Indeed, there are quite a few things to consider and weight when you have your eyes on a domain name that you think may bring you a good ROI. Obviously there are unknowns with this process, but that is nothing new because there are unknowns in all business models. So we have established that you must have some specific knowledge so you can make the best business decisions, and that is where we are operating from.
    While you may not be an astrologer or psychic, the domain name investing industry does have a place for futurists. One particular strategy involves registering any number of domains to see if the market becomes significant. It is also not unusual at all for people to get ideas from emerging product lines, either. While there could be trademark issues while you register product domains, you can always expand your reach and go for any domain name that may seem to be rising up. It can be trying at times with domain research, but we actually think it is fun to do. This type of domaining is really more speculative type investing, but there are other forms of investing as you know.
    Is any particular domain name a good buy is something all investors ask themselves each day. Will anyone be willing to buy this domain name in the future? Is the domain a generic type that could apply across the board? Your ability to sell a domain rests on answering a host of questions. This is the business of investing, and therefore your evaluation needs to be as complete as possible.
    Learn From Your Mistakes: If you have just commenced with your domain investing business, it is highly likely that you'll make some errors, and experience trial and error. But that's a part and parcel of it all. You'll need to make a few attempts hither and thither to in fact reach your goal. You could invest in an erroneous domain name even after getting everything accurate; it materializes and you should simply move on when it does. This is when you should keep with your ambitions and not look back.
    Do not neglect your mindset about this business or any other kind of business. Let other investors approach their investing how they see fit, and the most important thing for you is to learn and prepare well for it.
     
    monsur, May 5, 2011 IP
  2. aspnaren

    aspnaren Greenhorn

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    #2
    Brilliantly put up bro...I am doing domain name speculation for quite sometimes and was able to make worthwhile profit out of it..So its great time for individuals to grab their thousand dollars from godaddy today :)
     
    aspnaren, May 5, 2011 IP
  3. Card

    Card Well-Known Member

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    #3
    Bro,you are absolutely right.Thank you for your tips as it will help the newbies :)
     
    Card, May 5, 2011 IP
  4. DPointing

    DPointing Peon

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    #4
    People don't estimate the right value of their domain and sale it for a low price. There should be some tutorial on estimating right value of a domain.
     
    DPointing, May 6, 2011 IP