Every day there are hundreds of website owners who have purchased a domain name only to forget about it and then let it expire. For those investors who are well informed about such names they can snap these up and therefore capture a huge amount of existing traffic even though the site is considered to be brand new. This has resulted in a large number of owners of websites losing out and those who investing in such domain names to become richer.
All websites only survive if they have regular amounts of traffic being directed towards their site each day. So often when a site which has a memorable domain name and constant traffic going to it becomes available they will quickly be snapped up by some of the more savvy domain name investors around. Then often within a matter of days they have sold the domain name on for a profit.
Let us say for example a sit has become available which sells bridal gowns and other wedding paraphernalia but because the site is not user friendly or it has been poorly designed. Or because the products it is selling are over priced and has now done as well as the owner had expected so they have allowed the domain to expire.
When the domain does expire a smart person will be informed of this through the use of a domain watchdog service. These services will automatically advise their members of any domains which have become available that they are interested in immediately. Then once notification has been received they have the chance then to buy up this domain for no more than $6.95.
Within a matter of minutes you could find yourself being the owner of a site that has plenty of traffic being directed towards it. But what you will then need to do in order to generate cash flow for it is to build a new website page with a number of related ad links placed upon it. Doing this will help to better monetize any existing traffic that is being directed towards the site.
As time passes the investor then has the choice of either building up the site further in order to monetize the traffic that is visiting, or they can simply resell (flip) it to another site owner or domain name investor or broker.
So if you have been thinking about either retiring or selling off an old domain name that you would be well advised if to try selling it on eBay or at one of the other popular domain name auction services to be found online first. You will actually be pleasantly surprised with what you can earn by doing it this way. On eBay, some of the more unusual domain names that have become available for sale have reached upwards of $500 when they were sold.
But if you are considering become a serious investor in domain names then it may be advisable to utilize the services of a number of paid and free domain name valuation tools and sites. All of which can help you to make a more informed decision as whether this is the right domain name for you to buy or not. Although the actual value of each domain name can vary vastly it is not unusual for each domain to now sell for more than it was originally purchased for.
