Theoretically, you can make money parking domains. Here's how:
1. Find a domain name
2. Buy the domain name from a registrar that will sell you the site at its cheapest. Be careful with free domain names forum. Often times, you'll get your money's worth
3. Put up your domain name for sale at a more expensive price
In order to make money parking domains, make sure that the domain name purchased is of high potential value. It's possible to make money parking domains. Consider the following tips of gaining a domain highly valuable domain name.
- Consider top level domain extensions: .com, .net, .org, etc.
- Out of the list of domain extensions, .com is typically the most valuable
- It's an added benefit if the domain is suitable for commercialization and branding
- Make sure that the domain is pronounceable and sounds right
- Make sure your domain is easy to remember
- Length of the domain name must be taken into consideration. The less words that make up the domain, the more valuable it is
- Numbers typically lower the value of the domain
- Misspellings reduce the value, but if it's a few letters off a popular and already-existing domain name, you'll have the benefit of gaining traffic from visitors that may have been intended for the popular domain