Today I want to talk to you about 4,000% returns.
Not make believe or “possible” returns but genuine profits I have made over the past year.
In fact, these are returns I have made since I had breakfast with two smart young guys at a seminar last April.
I’ve mentioned before that I’ve become a little jaded with the business opportunity world and this is one of the reasons why.
Another is that I’ve come to realise that I’ve no real interest in copywriting or product creation or information marketing.
Which is what the vast majority of biz opps are about at the moment.
No doubt that info marketing is highly lucrative for the right person, but I don’t have enough enthusiasm for it.
What I have been getting into, more and more, is domain trading – domain name speculation.
Which is what has given me up to 4,000% profit in one transaction.
It’s also given me many smaller percentage profits such as 150% per domain over and over again.
How?
Easy – grabbing expired domain names that the original registrant doesn’t want and then selling them on to others who do want them.
Or buying domains in auctions and then selling them on for big profits.
Best of all, whilst I am waiting to sell the domains I “rent” out the space for ongoing revenue.
Trading on the domain name aftermarket is a relatively untapped opportunity which I have been using successfully since I met Andy and Paul last year.
Why am I telling you all this now?
The answer is because they have just relaunched their book – The Domain Profit Guide and it’s better than ever.
It’s been very, very lucrative for me and I owe it to them to spread the word after they introduced me to domain investing.
You can check it out here:
http://www.DomainProfitGuide.com
Let me know if you have any questions.
Just got an email:
“Hi Ben,
Toyed with that way back when the Internet started out, but in the mid 80s and again in the late 90s was embroiled in cases where people had done just as you suggest and got hammered by the courts for speculating in Internet domains.
Interested to hear what’s changed?”
An excellent question so I sent a quick reply:
“Hi,
Thanks for the email.
Good point, well made.
But that was cyber-squatting rather than domain speculation.
The course covers trademarks i.e. how to find out if something is trademarked and why you should avoid trademarked terms.
In the course of my speculation, I have completely avoided misspelt domains and possible trademarked phrases. That way I keep out of trouble!
The advice is to try and deal in domains that are generic. An example given is ink.co.uk.
The word “ink” can’t be trademarked but it is worth a fortune.
Likewise, a few I have flipped were generic and descriptive but were not trademarked such as:
lethargical.com
A dictionary word – flipped for a 275% profit and
simplyinvestment.com
150% profit.
Hope that helps
Cheers,
Ben”
Comment by Ben — 7th May 2008 @ 8:45 pm
Another question:
“isnt this something that has been saturated. e.g it is more difficult to make money than it was a few years ago? “
My answer :-
“Hi,
I am sure that it is more difficult than it was in, say, 2002 as there are more people speculating now than there were then.
However, on the plus side there has been a huge advance in the tools domainers can use to catch expiring domains.
Also, with more domains expiring every day (about 40,000 dot coms per day), there are loads of domains to choose from, in all kinds of niches.
To be quite honest, I’m promoting this as a favour and it is better for me if most people think it is saturated because I will have less competition!
Cheers,
Ben”
Comment by Ben — 7th May 2008 @ 9:12 pm
Ben,
Nice piece and it certainly got me thinking. I’m not awash with cash but do have a few spare quid, so did a bit of internet digging and have found about 10 Domains (mostly .co.uk but a couple of .com) that I want to register and try to profit from.
I suspect my best initial route is to park them somewhere for some passive revenue and then see whether I can flip them. Can you recommend any free parking places and also where’s a good place to advertise that they’re available?
Probably a couple of cheeky questions there, but if you don’t ask you don’t get…
Thanks and regards,
G.
Comment by G — 8th May 2008 @ 11:43 am
Hi G,
You can do both at Sedo.com – you park them there and, automatically, list them for sale also.
Basically you input the domain names you want to park in your Sedo account and Sedo will explain what to do to get the adverts to show.
I use it for about 180 domains at the moment.
Once you’ve got the hang of parking one or two domains, it’s child’s play!
Hope that helps!
Cheers,
Ben
Comment by Ben — 8th May 2008 @ 12:12 pm
Ben,
Thanks for that, all sounds very simple and your answer is much appreciated. If you’re interested, I’ll let you know how I get on.
Regards,
G.
Comment by G — 8th May 2008 @ 1:20 pm
Another couple of questions received this evening (keep them coming!):
“The guide website looks great and also the free report.
Just a couple of questions –
If the guide shows everyone how to ‘calculate’ the best websites to buy, won’t that push up the auction prices for the most sort after sites? Why would they want to give this away.
Is there money in buying new domain names and then trying to sell the domain on a site like SEDO at say a starting of $60.00. If it sells for that sum, less sedo’s commission ($50.00) and my purchase cost, I am out of pocket?
I know I am getting ahead of myself but this opportunity sounds really great but like a lot of things I buy the sales letter is better. Is this really doable?”
Some great questions and valid concerns – I added some answers which hopefully will help:
“As the guide shows everyone how to find domains then yes, it will in theory increase competition for domains. No getting around that and it’s a very valid concern. But when you consider that around 40,000 dot coms expire every day you can imagine that there’s a lot of choice!
You may choose to concentrate on another domain extension such as dot net or dot org.
Or maybe one of the newer ones – dot biz or dot mobi.
And then there is the UK only – dot co dot uk.
There’s a lot of choice out there – and not many domainers…
You can definitely buy new domains and “flip” them. It’s covered in the manual in more detail but the basic idea is you look out for new fads, technologies and buzz words in the paper and register those domains.
I’ve found there’s a market for almost any domain, the secret is in finding the market.
Sedo helps, and if you have the domain parked at Sedo I think you only have to pay 10% commission (not the $50 minimum).
Think about it carefully but I’ve put other things on the back burner because of this opportunity so I can recommend it.”
Comment by Ben — 8th May 2008 @ 9:42 pm
Ben,
In your latest response, you said ‘I’ve found there’s a market for almost any domain, the secret is in finding the market.’
Can you offer any tips / suggestions on how to find the market? I’ve got a number of domains which I’m sure are good ones but, other than Sedo parking, have no idea where / how to advertise them.
All advice appreciated.
Regards,
G.
Comment by G — 12th May 2008 @ 4:16 pm
G,
There’s all kinds of places – TDNAM, Afternic, NamePros, DNForum, eBay.
Or you can go direct to users asking if they are interested.
Or you can setup a website advertising your domains – or a blog.
There’s no saying that you’ll ever sell any but if you get a few high dollar sales then it’s worth the effort.
Comment by Ben — 13th May 2008 @ 7:10 pm
Ben,
Thanks once again for the help. Have already started a blog (http://domain-profits.blogspot.com/) all about my adventures so will have to see how things go from here…
Regards,
G.
Comment by G — 14th May 2008 @ 9:37 am
Yes,domains are turning into a good investment option,especially with the decline of stock-markets worldwide.
Godaddy UK domain name promo codes for a discount, these codes do not expire.
BRIL1: 10% off any order
BRIL3: 30% off .com domain names
Codes work on renewals, UK codes and US codes here:
http://brillantdeals.co.uk/godaddy-promo-coupon-codes/
Comment by Nel — 2nd December 2008 @ 3:30 pm