There are many ways to earn money online, some are by blogging and some by selling affiliate products.
But what I am going to tell you today is a little different from all this. Yes, I am talking about Domain Selling.
Many of you may already know about this, but how many have used is a little difficult to tell. Domain Selling is not as popular in the Indian market as in other countries.
The biggest reason for this which I feel is the mindset and awareness of the people here. We prefer more free work options. Perhaps this is the reason Domain Selling has not become as popular yet. To start this, we have to invest money in the beginning, it cannot be done at all for free.
Whether you use it or not, because of the kind of opportunity this business domain has, I feel compelled to share about it. So today, I am going to tell you in detail about Domain Selling.
What is Domain Selling?
Domain Selling and Re-Selling are both the same thing. For this, you have to buy the trending domain. You can buy a domain from any online registrar.
After buying the domain, you have to sell it, for which you can charge your choice of price. If you buy a domain for 1000 rupees, then you have the possibility of selling it for ₹ 1 lacs or more.
This buying and selling process is called Domain Selling or reselling. For which you do not need any special knowledge. Anyone who knows how to do basic work on a computer can do it.
Is Registration of a Company Necessary For This?
No, there is no such rule. To buy a domain from a domain registrar you have to create your account. Which can be easily done using your email.
And when you go to sell that domain, you can start there with your personal ID and email account. Overall, it is not necessary to have a company to do this work.
Any ordinary person can start this work with his personal ID.
Where Can I Buy Domains?
For Domain Selling, you can take a domain from any domain booking site. Such as Godaddy, namecheap etc. I too use either of these to book domains.
Apart from this, you can also use any other domain seller sites. Try to buy domains for at least 2 years. You will get two benefits from this, you will get a discount on booking money, and second, you can run your domain sale campaign for more time for probably a bigger offer.
Where to Do a Domain Sale?
There are many platforms available online for selling domains. You can earn money by using them.
If you ask for my suggestion, I would suggest Godaddy Auctions and Flippa. I am not branding them; I have used them so I am sharing my experience. Like:
Bido
How to Sell Domains?
To sell a domain, you have to create an account on any one platform. Once the account is created, you have to run the auction to sell your domain. At the time of the auction, you also have to mention your selling price.
After linking your domain with that auction, you will have to pay some money. All these selling platforms run ads to sell your domain, that’s why it’s called an auction.
Their customer base is very large, so there is a good possibility of your domain being sold.
If you want, you can sell your domain in your social group or community. The most important thing about domain selling is how trending your domain is.
How Beneficial Is Social Media for Domain Selling?
As I told you, you have to pay to use any platform. Therefore, those who do not want to invest money or want to invest less. Those people can use social media or sites.
You will see many posts of domain sales in your social groups. These are the people who do not want to use the auction. You can also start like this.
Apart from these, you can also sell your domain on social media by running paid ads. If the quality of your domain is good, then you will not have to work hard, and it will sell easily at a very good price.
Summary
Selling a domain is not as easy as it seems, you must take it all seriously. If you follow my opinion, first book an easy domain, sell it at a good price, get some experience and then go for big play.
Or better you can invest money in your business after a sale is done through this. I have seen many people who book a lot of domains as soon as they start this profession, and at the time of sales, their domains hardly re-sell.
I do not want this to happen to any of you. Digital Gabbar will take no responsibility for this. If you use all the suggestions given by us then your domain will definitely be sold.
As you know, any business takes time in the beginning, so the same will happen in domain selling. I am saying this only because this business sounds very easy to do and earn quick profit from it.
Neither my motive is to frighten you nor to make wrong suggestions. That’s why I want you to study each aspect carefully.
If you have any questions or want to give any suggestions, then you can share them in the comment box below.
Thank you!