Turning Domains Into Dollars

Looking for an incredible ground floor opportunity that can make money online from day one, that the vast majority of people online know nothing about.

Want to become part of a $2 billion/year industry that is expected to double to around $4 billion/year by 2010?

A new product caught my fancy lately, Phil Craig's Domains For Profit, so much so that I had to write about it here.

I've written a complete review of my findings on my blog, so please go there to read the full review about becoming a domainer, buying and selling domains names.

Just one example is a guy called Kevin Ham. Probably the most powerful dot com person you've never heard of!

He owns around 300,000 domains, and receives around $70Million per annum in revenue from them. His empire is reputed to be worth close to $300 million. All this from owning domain names!

I found it interesting how Phil equated this money backwards like this: -

$70 million is about $5.8 million per month. Divide that by 300,000 domains and it turns out each domain is generating around $19/month in revenue.

Or just $0.63c per day. So $0.63c per day (per domain) is all it takes to get there.

Do you think you can generate $0.63c per day? I certainly think it is achievable.

Phil goes on to show you in detail how money can be made in this game (and there are lots of ways).

The first way is that the smaller domainers people like you and me sell to bigger domainers, if we have a domain name that is popular, we turn around and sell it. This is called domain flipping. You buy a domain for $x and sell it to someone else for $y and make sure $y is a much bigger number than $x !

The other way is pay per click advertising. Not Google Adwords, where you pay for advertising when people click your ads, but rather where you are paid anytime someone clicks an ad on your web site (similar to adsense, but not necessarily adsense).

The last way is to do what many people do now with domain names, develop them into full scale businesses.

Phil goes into extensive detail to show you how to purchase your domains, how to find traffic from day one without paying anything (no google adwords), and much more.

It turns out that a lot of people type the name of a service they are interested in directly into the address bar of a browser, instead of using the search engine, so if you can find a name that people would use, you will get free traffic.

e.g. if they wanted a limousine in dallas, they might directly type in dallaslimousine.com into the search engine to find it. If they do, it means free traffic to you. Pretty neat huh?

But the best is still to come, Phil then goes on to discuss domain tasting, where he details a legal way to "test" a new domain for web traffic for 5 days, and then getting a refund if your not happy with the results! Definitely an eye opener for me.

Why do you want traffic? Phil shows you how to monetize your web-site using specialist services who take a share of the revenue with you. This means you can be earning money in the first day you test your newly acquired domain!

He actually shows you domain names he has acquired and what the web-site looks like, and the amount of money it is earning each month. Impressive stuff. Remember this is all for testing initially, so if after the 5 days you are not happy with the result, get a refund and move onto the next domain. No cost!

In addition I managed to convince Phil to release a report showing exactly how you can benefit.  And what's more I got him to do it for free.  Download the free report by visiting: -

www.onefreeproductdaily.com/free/Domains-Into-Dollars-Report.pdf

You can also leave me any questions or comments you have there.

I hope this information helps you, and maybe even helps get you started in this exciting new industry.

Regards

Tim Buchalka