DomainsOver the last two months I have accumulated more than 25 domain names for ideas that could be potentially great projects. I think I’ve figured out that…. I’m addicted to buying domain names. :twisted: I just see so much potential in them that I can’t help myself.

Over the last few months I have learned more and more about making money online in so many different ways that I had to actually start a list. As I spend more time researching new internet media avenues I learn just how much potential domain names have.

Owning quality domain names is like owning a piece of digital real estate. You don’t even have to do much with it and it can accumulate value. Heck, you could register a catchy domain name and end up selling it to someone who really wants it for 100x (or much much more) than what you paid for it.

I pay $10 per domain name but if I grab one that an upcoming company might want (before they do), I could potentially sell it for $1000, or even more, to them if they really want it.

So if you can turn a profit from simply registering domain names, imagine what you could do if you invested a little time in a simple but effective idea to develop that domains value. One super simple way to develop your digital real estate (domain name) is by parking it at Parked.com

It’s simple. You have domain names sitting around for those ideas you haven’t been able to get to. They’re collecting dust and definitely not making you money. Thats where Parked.com comes in. You go park your domains there and they setup the website and content for you. If your domain is a catchy one or something commonly searched for, you’ll get visitors and in turn, you’ll get money.

Parked.com is one of the higher quality services and isn’t exactly the easiest to get into. You must have a minimum of 10 domains and they must be reviewed to make sure they are high enough quality to actually turn a profit. I recently applied and didn’t make the cut. Although I have registered an additional 5 domains since then so I may give it another go.

As time goes on, fewer and fewer catchy, creative, and genius domain names are being scooped up. With the domain extensions that are available today, people are getting pretty creative with their domain naming (like Ma.tt).

If you want to start getting in on the domain name real estate game you can get your domain names at tons of different places. I did some quick searching at webhostingtalk.com and found a quick list of 5 registrars to go grab your piece of the pie.

Some people aren’t big fans of godaddy.com and I’m not a fan of them either (as far as hosting goes) but lots of people say they do a good job with domain names. I would go with namecheap.com but I am currently with rapidname.com as a domain reseller and haven’t had any problems with them.

Given a second time around I would have went with namecheap.com or domaincentral.com

If you’re interested to know a few of my domain names:

  • yourfilehub.com
  • mypagestatus.com
  • wikiwokwok.com
  • mac4designer.com
  • 20dollarblog.com

Those are just a few and were for project ideas but are currently collecting dust…. :neutral:
Soon I will have them parked and either ready to be resold or have a project started at them.