All investors search for a business model or an investment vehicle that gives regular residual income with minimal attention. The search can actually end with webdomain parking, as domain name speculation or domaining is a business or investment vehicle that can be the perfect solution for your search. But this does not mean that domaining is easy. There is a lot of groundwork required for being successful in this field. You need to invest a lot of time, money and effort in the initial stages while you research the domains that you plan to buy. For that, you first need to understand how the web world works.
The first step towards it is understanding the definition of domaining or webdomain parking. Domaining or webdomain parking is the business of buying domain names as an investment. It is similar to the concept of the real estate business. Like different pieces of land have different rates, similarly different domains have different rates. There are many factors involved in defining the intrinsic value or the rate of a domain name, like their location and degree of development. When you talk about the location, it means their visibility in the web world. Shorter and more recognizable domain names have the best locations and are more expensive.
If you are planning to enter the domaining or the webdomain parking business, you have to realize the fact that the most popular domains have already been snatched. So, if you are planning to buy a valuable or popular domain, then you need to shell out a huge amount of money as your initial investment. If you are not ready to make such big investments in the initial stage, then you can go for speculative names or for names with unproven extensions that are still available and come at a relatively lower rate. With the fast changes in trends and technological advances, there are many new names, which have a lot of potential and are available.
But how can we monetize a webdomain. There are two ways you can develop your own website on a new domain or do it on the domains that already exist. Let us focus on the issue in hand – that is monetizing a domain name that already exists.
One of the ways of making money from existing domains is by parking the domains. Targeted traffic is worth money in the world of the web. Targeted traffic is the visitors or consumers who are interested in a specific topic. If your domain name gets traffic or viewership, you can earn money from that traffic by parking your domains with a webdomain parking service. There are different types of such services available. All you need to do is register your account for free and point your domain to the DNS server. It will put a simple one-page website on your domain that has links to advertisers and information based on the keywords and categories that are associated with your domain. Whenever a visitor follows these links, you share a part of the revenue that is generated from the webdomain parking services.
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Guest article written by: Ted Garza is a professional teacher. He has worked at kindergartens in USA and abroad for most of his professional life. In his free time he likes to write texts and articles on the topics of technology and also its implementation in everyday life for different websites (for example for the Danish “[tp lang=”en” only=”y”]UnoEuro webdomain[/tp][tp not_in=”en”]UnoEuro webdomain[/tp]” domain campaign). He is always excited to share and comment his views on modernity with other people interested in such discussions.