How to Make Money Online with Expired Domains (Part 2)

In case you haven't read part 1 of this article, please click here.

Automated grabbing system
There is another great way of keeping a tab on domains with a high volume of traffic that are due to expire. The automated grabbing system ensures that as soon as the domain becomes available, it is registered. One such service provider is www.snapname.com and they charge for the service only if the particular domain name becomes available. Such domain names can be sold for thousands of dollars.

Once a domain name is grabbed, the best way of finding a buyer is to register the domain on your name and then marketing the name and selling the domains to make a profit.

Setting a Price
This is a very important aspect of domain business. Too high a pitch will not get an immediate sale. For anyone looking to make an almost instant sale, a decent price range is important, keeping in mind the value of the domain name, the demand for that niche etc. A higher price can be fixed if one is willing to wait until a good offer comes their way but for some instant cash within a few hours, low is the way to go.

Selling expired domains
Selling the domain names on ebay is very easy because of the number of people looking to sell and buy them there and people just do not realize the amount of money that can be made in eBay. There are several other market places like Sitepoint and Digitalpoint where these domains can be sold for profit.

Other than selling, there are several other ways one can monetize on the expired domain names.

Buy Expired domain names for traffic
Buying expired domain names to get highly targeted traffic for cheap. This traffic can be driven to your website for just pennies a click and in turn increase sales due to the large traffic.

Mini websites with expired domain names
Buying expired keyword rich domains and building mini sites will show the website in top search engine rankings. These websites can be built using expired domain names to drive targeted traffic to them or to create a website and sell the domain name as a value addition. Domains with an attached website with good traffic are sold for higher dollars and are in great demand.

Expired domain names for affiliate products
Affiliate programs are a good way of running and profiting online without actually having a product of your own. Affiliate marketing entails redirecting traffic from the affiliate website to the website of the product owner and in turn earning a commission for any sales made. This is a great way of making money for newbies.

If affiliate marketing is the route taken, then expired domain names that target the market of the affiliate program should be bought.

There is a huge market out there for expired domain names, it only needs to be tapped. Some people may say that it has reached a saturation point, but that is nowhere near the truth. A lot of money can be made with expired domain names, if one only looks at the many ways of using them or even comes up with some new ways.