Domain flipping has been likened to real estate in the sense that just like real estate, patience is the operative word in domain flipping if your goal is to rake in more money from your domain. However, waiting for your domain to be bought does not necessarily imply that the domain is redundant. There are myriad strategies and opportunities for your domain to make money as will be highlighted in this checklist.
The ability of your domain to make money is highly influenced by the volume of generated traffic in that the higher the traffic, the higher the revenue. Further, the value of the domain name affects the monetization to the effect that a domain name that is potentially valuable has a higher likelihood of earning money while parking or by developing a website as you wait to flip.
Here are some domain monetization strategies to consider for your domain.
1 Leverage type-in traffic on your domain landing pages
2 Consider Google AdSense arbitrage for your domain
3 Domain purchase and resale
4 Invest in a variety of domains to diversify your domain monetization opportunities
5 Consider leasing your domain to interested parties
6 Develop your domain into a website and monetize content therein
7 Leverage affiliate ads on your parked domains
8 Optimize your domain landing pages for more traffic
9 Consider using PPC ads on your domain
10 Develop your domain into an affiliate website
11 Convert expired domains into web 2.0 community sites to maximize traffic
12 Optimize your domain landing pages for PPC
13 Leverage park and go services from sites such as Sedo
14 Leverage your domains into private Adwords or PPC campaigns
15 Purchase niche focused domains to create your own lead generation
16 Redirect traffic from your parked domain to your website
17 Consider redirecting 404 pages
18 Buy targeted traffic to your domain
Notes:
- Use tools such as Alexa.com and dnscoop.com to analyze keyword ranking and identify the potential of your domain for parking
- Always check whether your selected registrar has provisions for content and direct advertising on your domain
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