Domain Flipping – a decent profit
A very nice little earner for me today, so I’m a happy chap.
I picked up two domains 3-4 months back, for $8 a piece. I didn’t do anything with them other than park them and collect a few dollars in revenue – but I wasn’t concerned because I KNEW that these were excellent pickups.
Both are three-word .coms, which still aren’t that fashionable but I knew they had the potential to do well their respective niches.
Sold them today for $380.
I can’t be bothered right now to work out the percentages but that is a nice return on an investment of $16.
I buy and sell at least a few domains every week. I’m quite happy to make just a few bucks on a sale, because at my end of the market its a low-investment, low-risk game. Make a quick profit of a few bucks on a sale, about10 times a month keeps the dollars coming in, and I know I’ll make a few bigger sales like these two pretty regularly as well.
Domain (and Website) buying and selling isn’t just for the big boys – it’s possible for any of us to make a decent, regular profit from it as long as you don’t think you’re going to jump straight in and make a million dollar sale – and that’s just what an upcoming series of articles will be about.
And No, I won’t tell you the two domain names in question…
Thanks for this – I’ll look forward to the upcoming series. I’m particularly interested in what it means to “park” a domain, so I hope you can flesh that out a little bit!
That’s cool. I’ve got a few domains but I don’t have any idea of how to go about it.. any tips or places where the sell?
Thanks!
Maybe you could write up a post about domain flipping for the future.
i know a lot making big bucks w/it… but i have never looked at the possibility of trying it yet..
Yep – most people won’t make a fortune out of it, but i’m happy with the steady profits i get from flipping (and occasionally developing) domains and sites. a series of posts about this coming very soon.
really nice n congrats
but i think if you do site flipping then you can make more 
yep site flipping can bring in more – if you spend a little time and money developing and hosting the site first to build it up the profits can be great. Domain flipping is a more steady type income with minimal outlay and effort – I like to deal in both