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Tips and Tricks to Get You Started in Domain Name Flipping

It is estimated that the internet has 4.1 million users on a daily basis. This could be a very lucrative opportunity for you when you identify a business opportunity such as buying and selling of domain names. There is huge potential for this business when it comes to generating traffic and of course making some extra bucks in the process. The reason for this is because people are always looking for a domain name that will match their brand’s purpose. Check out this article to learn how to get started in domain name buying and selling.

First and foremost, think beyond having a domain with the “.com” simply because over ninety percent of businesses today carry this extension. For starters, how about you think beyond the usual “.com” domain name extension and think outside the box? There are so many options at your disposal when it comes to domain name extensions. A guide to this could be using a website extension that is specific to geographical search engine optimization. For example, a “.us” extension will be perfect if your concentration is in the US market.

It is also very important that you take the time to find the most lucrative niche to base your flip domain name business. You will see how important this is when you start optimizing your domains for the search engines. It would be best to have a portfolio of websites that are on a specific niche to make your optimization efforts easier. Of course, you need to choose a niche that is in high demand; otherwise, you will be stuck with your domain names since people are going for in-demand website names. It is also highly advisable that you find a niche that you truly love so you can give it your all.

After you have selected the niche; it would be prudent of you to choose the right keywords that have higher SEO value. The reason for this is to be able to boost traffic to your site. The best way here would be to use a tool to help determine the amount of traffic a keyword that you are considering gets in a month. Google keyword planner and niche finder software are ideal tools to get you started. The best keywords are those that have at least 10,000 searches a month.

Always go for valuable and marketable domain names if you want to be successful in this service. You need to know how much you are willing to spend on your new business venture. Of course getting in this service of flipping domain names is a serious investment like any other, so you have to be ready for all eventualities that come with new business startups.