People don’t always think of domain flipping as a reputable way of earning money online, but domain powerhouses like GoDaddy beg to differ.
The idea behind this is you buy a domain name that you think someone will want to use in the future. If you’re lucky you’ll be right and you’ll get an offer from someone looking to own that domain sometime down the road.
You can also buy domain names similar to domains that are already popular and reach out to the owners of those sites and see if they’re interested in buying.
Domain flipping is a long-term commitment and not something that you will see any sort of profit off of right off the bat.
How to get started:
- Decide a niche you want to focus on and start researching keywords
- Buy domain names that fit in your niche
- Research how much you can sell your domain for
- Wait for people to reach out or be proactive and reach out to potential buyers yourself
Commit your work to the Lord,
and your plans will be established.