Make Money Parking Domains Disappearing |
| 3/19/2008 12:01:02 PM |
There was a time that many people would purchase a list of domain extensions with the idea of holding onto them as an investment. Think online real estate. This was a very popular way to invest online in hopes of making money. Now that it has caught on and it seems like everyone is doing it and the money is not so easily available. The question is “can you make money parking domains?” Yes but probably no. There are people that have purchased 1,000’s of cheap domain names, hoping that they will become popular in terms of the name in the later future. There is an infinite amount of names out there but only a handful of good ones.
More people and the majority of those serious about buying domains are looking for ones that have a perceived value that comes from value, the amount on monthly traffic and page rank. The problem with buying parked domain names is that it is like buying a decrepit house without putting any work into it and expecting to make a profit when the property value goes up. Not going to happen. You must put work into the domains you buy. Do not trust the promises of a free domain names forum. A list of domain extensions are only as good as the work put into them. |
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