Domain flipping has been one of the best ways to make money online for a long time. No doubt people are making a lot of profit by just brainstorming a couple of good domain names and registering them for a cheap price.
However, the process is not that easy as it may seem. Because purchasing a domain name is easy but when it comes to selling them for a profit, a lot of people get confused and can not find a way to do so. Thankfully, today we will go through the exact step-by-step process to sell your first domain name in 2022.
So let’s get started!
1. Be Choosy With Names
The first and the most important thing is to choose a domain name that will sell. But how can someone be so sure that the domain name is going to sell in the future? There are many different ways to increase the chances of selling your domain name to someone.
Start by brainstorming a little about the requirements in the future. In simple words, question yourself that why someone would buy that domain name from you at the price you quoted? Probably they can see enough potential or they know someone who can pay them even higher after you sell it to him/her.
Therefore, if you pay attention to the right keyword choice and include keywords with comparison names, similarities with popular brands, what is trending in the market, your choice of the domain name will help you sell it more quickly for sure.
2. Consistent Domain Marketing
Now that you understand the importance of online media as a whole, you no longer need to spread your word and let individuals know your control.
Most successful domain traders these days reach a large number of potential buyers with platforms such as Twitter, Facebook, LinkedIn, and more.
Most of the potential customers need to be found on these social platforms more than anywhere else. You can also do this by sharing them and connecting with individual domain administrators and providing companions with assets, connections, and news to grow the market.
3. Enlisting Your Domains At Different Places
It also helps to build a strong commercial impression. This must be possible if you make a noticeable and useful enlisting of your domain names at various places.
Not to mention you need to add your personal contact information and additional details to make sure anyone can contact you regarding queries.
Therefore, finding and listing your domain names at different sites where potential buyers keep visiting quite often can help you make money by selling them. You can use popular domain listing sites like Godaddy, Sedo, Namecheap, and Instadomainsearch.
4. Utilize Personal Portfolio Page
Creating a professional-looking portfolio page can help you a lot with building your image as a seller in the internet world. Now a lot of people will think that building a personal portfolio page is very difficult. But actually, creating a portfolio page is quite easy with platforms like Wix and WordPress.
Once you build and publish your first portfolio page, we recommend adding your social media handles to it. This will help visitors to go through your profile and understand why you are the right person to buy a domain name.
Let’s say you are a professional fashion designer and wish to convey your thoughts to others, you can even start your own fashion blog and use it as a portfolio page for promoting your services.
5. Searching For The Right Buyer
The last step to make a profit by selling your domain names is reaching out to potential buyers. You can go through the websites that match your domain keywords and category. Make a list of such website owners and regular visitors to contact them later.
Moreover, you can dig out more information about those people from your list to narrow down the process. If possible try going through their social media handles to learn more about their interests.
Once, you find someone who resonates with your requirements, you can contact them personally via email or social media for discussing the deal.
The result of whether you will make a profit by flipping domains or not vastly depends on your choice of the domain name. Because if you register a domain name without any future use or potential, not many people are going to spend their money for buying it.
In conclusion, no process can sell your domain names if you are not confident in selling them. In a nutshell, either you have made the right choice with the domain name and the buyers find you because they need it or you go in the market and find the right customers for it.