How to Start Flipping a Domain: Tips and Tricks

Flipping a domain name entails purchasing it with the express intent of reselling it for a profit. Due to the potential for profit, this technique has grown in popularity over time. To succeed, it needs some expertise and planning, just like any other business. We’ll go over some pointers and strategies for getting started with domain flipping in this article.

Finding a domain name with possible resale value should be your first step. The domain should ideally be brief, simple to remember, and have a lot of searches. To investigate prospective domain names, you can make use of a variety of tools like Google Keyword Planner, DomainScope, and DomainTools. The domain extension is also vital to take into account, with.com being the most valuable.

You must register a domain name once you’ve chosen it. Domain registrars like GoDaddy, Namecheap, and Domain.com can help with this. To secure the privacy of your personal information, it’s critical to select a reliable registrar that provides domain privacy protection.

You must keep track of a domain name’s expiration date in order to snipe it. A domain becomes once more available for registration once it has expired. To look for expired domains with possible worth as a resale, you can use programs like ExpiredDomains.net and GoDaddy Auctions.

GoDaddy Auctions is a well-liked website to use when selling your domain. You can use it to advertise your domain as being for sale and get offers from potential purchasers. The percentage of sales that GoDaddy retains varies depending on the selling price and if you have a GoDaddy account.

Another well-known domain marketplace, Afternic, was purchased by GoDaddy in 2013. It enables you to sell your domain name on a number of websites, such as GoDaddy Auctions and Afternic.com. A 20% commission fee on the sale price of your domain is charged by Afternic.

In conclusion, if done properly, domain flipping can be a lucrative company. It necessitates investigation, planning, and understanding of the domain market. You may find suitable domain names, snipe expired domains, and sell your domains for a profit by using tools like Google Keyword Planner, ExpiredDomains.net, and GoDaddy Auctions. Just keep in mind the costs involved with selling on Afternic and GoDaddy Auctions.