The How-To Guide To Domain Flipping

An Introduction To Domain Flipping

The term "house flipping" - buying a run-down property, carrying out the necessary refurbishments and selling it on for a profit - was coined in the early noughties due to the booming real estate market. Nowadays, house flipping has lost it's allure as the price of property drops and continues to make any real estate investment an even greater risk.

Luckily, there is another booming market emerging as we speak; it means learning some new ideas, where 5000% profits are the norm.

This market is domain flipping. The only difference between house flipping and domain flipping is that one is a physical, tangible product and the other is a virtual one. To fully understand the idea behind domain flipping, you must first understand how the two are similar.

A domain name is the word (or words) that you enter into your internet browsers address bar which is the address of a website on the internet. Domain names are available in many TLDs (Top Level Domains) but the most common TLD is by far .com. A good metaphor for a domain name would be to consider it as land. It is a piece of raw, undeveloped territory on the internet. I think of a website as a house. Putting a house on your land increases the value of it. In relation, putting a website on your domain name increases the value of the domain.

In the real estate market, property location is paramount. The same is true for the domain name market, although the domain name market defines location to be the traffic that your website receives (the amount of unique visitors to your website). The higher the number of unique visitors to your website, the more valuable your domain name is. This is why traffic is compared to location - living in a nicer area demands a higher property price.

So What Is Domain Flipping?

Domain flipping is the process of purchasing a domain name, building a website on it, and increasing the amount of traffic the website receives. Domain flipping requires a completely different skill-set from house flipping. Domain flipping involves being able to build websites, being able to list a site in search engines, and being able to develop solid monthly traffic to the website (or at least knowing where to find people who are skilled in these areas). Just like the house flipper needs a contractor to get plumbing, electricity, roofing, etc. completed, the domain flipper needs the same weapons in their arsenal.

With the amount of new domain names being released, all of which have great potential for future profits, there are always new ways for domain name investors to claim their piece of the virtual pie.

The profits realised from flipping domains successfully can be staggering. I've bought domain names for $60 only to flip them for $1,200 within a few months. Domain flipping deals with profits in the 1000%-10,000% percent range. You can make a lot of money armed with only a little web design knowledge, in a short space of time, but it would be more appropriate to look upon domain flipping as a long-term investment because it takes time and energy to find appropriate domain names. Domain flipping isn't a get-rich-quick scheme, it involves patience and timing, but with practice it can become a very lucrative source of income.

There are a few guides on domain flipping but one of the best (because it has been written by a real domain flipping professional) is FlipFor300. In this brand new guide and video course the author reveals his own proven method of finding a niche, building a website and flipping the domain for $300+. The method is astonishingly easy to follow with the step by step instructions and video tutorials provided, which include all the sources you need to find a suitable niche, build and sell websites with the minimum of knowledge and effort. There is a limited offer for the first 50 buyers of the course so if you feel that flipping websites to the tune of $300+ a day is for you, now is the time to get over to the FlipFor300.com website and grab your copy of this great course for a bargain basement price.