What is Domain Flipping Business and how to start it?
In this article you will read what is Domain Flipping Business and how to start it . Domain Flipping Business is an online business.
Due to which lakhs of rupees are earned sitting at home. If you are also thinking of doing online business. Then this business can be best for you.
If you want to do this business. Then first of all you should get complete information about it. Like what is Domain Flipping Business and how to do it etc.
You don’t need to go anywhere to get complete information about it. Because in this article we are going to talk about Domain Flipping Business only. In this article you will get complete information about Domain Flipping Business.
What is Domain Flipping Business?
Earning Bench Profits for Domain Name at high cost is called Domain Flipping Business. It is completely based on Reselling Business. But there is no product in this but the domain name is reselled.
Domain Name is the address of the website. By which the visit is done on the website. For example, to visit Google’s website is www.google.com. Similarly, every website has one or more domain names. A website can also be identified with a domain name.
The domain name is used as the address of the website. To use a domain name in a website, it has to be purchased before the domain registrar. The cost of a top level domain can range from 500 to 1000 rupees.
A domain can only be used as the address of a single website. Taking advantage of this, Domain Flipping Business is done. In Domain Flipping Business, the domain name is bought and put for sale. A domain is bought for 500 to 1000 rupees and sold for lakhs of rupees.
Let us understand Domain Flipping with an example-
is a person. Who wants to make a website related to education. Whose name wants to be named EduCenter. Then that person will buy www.educenter.com Domain Name for the website.
But suppose I had already bought this domain. Then he cannot buy this domain. Because only one person can buy a domain.
In such a situation, that person can buy this domain from me by paying a higher price. Or you can buy another name domain for your website.
In such a situation, we or you will not go to buy a domain for lakhs of rupees to make a small blog and website. Rather, buy the domain from some other name.
But for big companies and businesses, in such a situation, the domain is bought by paying a higher price. I hope that this example will make it easier to understand Domain Flipping Business.
We have given this example for you to understand better. Let us now know about some popular incidents of Domain Flipping Business.
Domain Flipping Business And Mark Zuckerberg
In the year 2015, a student bought the domain in the name of the daughter of Facebook CEO Mark Zugerberg. When Mark Zugerberg wanted to buy the domain of his daughter’s name. Then they came to know that someone has already bought that domain. Then Mark Zugerberg bought that domain name from that student by paying Rs 47000 to that student.
I hope what is Domain Flipping Business. I have succeeded in explaining this. If you have any query related to Domain Flipping Business. Then you can ask by comment.
How to start Domain Flipping Business?
Now you must have known what is Domain Flipping Business. Let us now know how to start Domain Flipping Business. How to earn money from Domain Flipping Business.
Domain Flipping Business is mainly completed in four steps. Let us go through all the steps one by one.
1. Find Domain
The first step of Domain Flipping Business is to find the domain. One has to find such a domain. Which is right for Domain Flipping Business. I mean to say that whose value can be very high in future. Eg:- www.insurance.com
How to find the right domain?
If you will find the domain name keeping the following things in mind. Then of course you will be able to find a right domain name.
- The domain name should be short.
- The domain name should be easy to read.
- Before buying, be sure to check the DA, PA and SPAM score of the domain name.
- The domain name should not be SPAM in any way.
- You can also buy Expire Domain Name. Its DA and PA can be good.
- The future price of which may increase (likely).
2. Buy Domain
When you have successfully found a domain name. If you think that this domain can give you profit later. Then your first task is. Have to buy that domain name. You should buy a domain name without delay.
Where to buy domain?
By the way, there are many domain registrars to buy domain names. But here we are telling the names of some popular domain registrars. From where you can buy domain very easily.
You do not need to go anywhere to buy a domain name. You can register or buy a domain from their website.
3. Flipp Domain
When you have successfully purchased the domain name. Then you have to sell the domain name back. That’s why it is called Flipping. Flipping means to turn.
Where to sell domain name?
Below we are telling some popular websites. From here you can very easily put your domain name for sale.
- Godaddy Auction
By the way, there are many websites for selling domain names as well. But here only the popular website has been mentioned. All these websites work as a broker. When your domain name is sold. Then some percentage of that domain name has to be given to them as well.
Profit is very high in Domain Flipping Business. Because in this, you can buy a domain for a year for up to 1000 rupees. But when someone else likes the same domain name. Then they are ready to pay lakhs of rupees for that domain name. So in this way you get profit in Domain Flipping Business.
Before this, many domain names have been sold for lakhs of rupees.
How To Earn Money From Domain Flipping Business?
The above steps we have given for Domain Flipping Business. After understanding all those steps, you must have come to know that how to earn money from Domain Flipping Business.
Profit is very high in Domain Flipping Business. If you know then you will get information about many such domains. Which has been sold for lakhs of rupees.
It was purchased in the year 2010 for $35.6 million. Which is in Indian Rupees now?
Many such domain names have been sold. How to earn money from Domain Flipping Business. Let’s know step by step.
Step-1:- First of all buy a good domain name. The price of which is likely to increase in the future.
Step-2:- After buying the domain name, the domain name has to be sold from the Domain Selling website. Eg:- Godaddy Auction, Sedo, Flippa etc.
Step-3:- After this your work ends. Whoever will like your domain name. He will buy your domain name. After that the rest of the money is given to you by taking your commission from the Domain Selling website.
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So in this way money is earned through Domain Flipping Business. I hope you liked this article. If you want to ask anything related to Domain Flipping Business. Then you can comment.