Monday, February 2, 2009

Make Extra Income Selling Domains

The web is full of get rich quick schemes. If you're reading this, you probably already know that. Maybe you have been stung before...I sure have! But what I'm going to talk about today ladies and gentleman is how to make a bit of money on the side in these tough times using a little bit of creativity...selling domains online.

HOW TO DO IT?

First thing's first...you have to think up a catchy, short and easy to remember domain name that you think someone would pay for. This is where your creativity comes in. Then there is the matter of purchasing the domain name. There are many companies that do this, but personally, I use the cheapest ones as there is no difference between the companies when just purchasing a domain. www.bigredsquid.com is my favourite. Actually, in all fairness to the guys at Big Red Squid, not only are they one of the cheapest, they are also one of the better hosting companies around. Or, dotster are offering 5 Free Domains At Dotster With Any Hosting Package! just enter coupon code "5FORFREE" I have all my sites with them and I've never had an issue....moving on.....Now you can do one of three things:

1) Sell your domain on eBay or Sedoo,
2) Sign up for a free estore at one of the many sites available such as www.buyitsellit.com and sell them online yourself or
3) Purchase a hosting plan and build your own custom site.

Even if you're not tech savvy, buyitsellit is very easy to use so don't stress too much. Either way, even if you go the hosting route, the online site builder at Big Red Squid is easy to use also and offers more flexibility than a free site. I'm not sure of the other companies as I haven't been able to figure out their site builders.

Anyway, good luck with the new venture. I hope you make squillions!


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