Please note: This is going to be a complete series of Domain Flipping; so, I enjoin you to take your time and read to the end, and don’t forget to ask questions when in doubt.
I am sure you aren’t reading this for the first time; that for you to make money online; you must sell either a service or a product. Which is why Domain Flipping is a real business; that said. Domain business is one of the aged, trusted and tested online business.
For clarity purpose; I am going to explain what is a domain and domain flipping. You see, a domain can be liking to your online address; through which you can be located. For example, if I want to come to your house; I will need your house address, and if I want to come to your office, I will need your office address. Just in the same vein; if you need to come to my website (Online House); you will need my domain (Online address). However, you need to understand that for you to continue to own an address online (Domain name), you need to be paying every year; just as you do for your house or office address, and the moment you failed to pay; you lose your ownership of such address. I hope this explanation about a domain name is clear.
So, what is domain flipping?
Domain flipping is the process of buy a domain name at a cheaper rate for the purpose of selling for a profit. Just the same way your buy a land or house to sell for profit later. That is why some people refer to domain flipping as online real estate, because it deals with buying and selling of online addresses – domain names.
There are many people who don’t renew their domain due to different reasons listed below –
- No need for Extension
- They don’t want to continue
- Domain use Purpose completed
- Can’t afford to renew price
- Banned By Google
- Banned By Adsense
So, Domain registrar gives 30 days domain extension notice, If the domain is not extended. It will be declared Expired and ready to be sold again. Now the domain registrars will bid on that domain.
The bidding process will expire in 7 days and the higher bidder can grab that domain very easily. good Luck!
So, Why Are People Buying Expired Domains?
Do You Know Expired domain is a great property to do many valuable things?
- 301 Redirects
If you want to pass all link juices of that expired domain to your domain then this is really a good idea to increase your blog traffic. Let’s say the domain you have bought have good backlinks from top sites Like Microsoft, Forbes and many more. Then you just need to redirect that domain to your website and see the improvement in your website on SERP’s.
- Build Authority Site On That Domain
You Know, if You build an Authority Site on the expired domain You have purchased then It will be very beneficial for you. It will be good for you in terms of ranking as well as in terms of Money generation.
If you have an expired domain with High DA, PA and Have some good number of High-Quality backlinks; then you can make awesome money with less effort. you don’t have to pay extra money to get high-quality backlinks.
- Private Blog Networks (PBN)
Today People are making their own private Blog networks to trick Google. This method is useful but It is not acceptable. To rank high People are using their own set of Private blog Networks to get Good backlinks.
So, you can use those bought Expired domains to Make a PBN (private Blog networks) and Link back to Your Money Site.
Things to Consider Before Buying Expired Domains
There is no doubt this is a good business, but care must be taken so you don’t lose your money in a jiffy. Which is why you have to keep these things in Mind while you are buying any expired domain. Today, People selling Domains, hide lots of important details; which will help you in your decision making. That is why you must look for the details about the expired domain you are about to buy.
- Always Check DA and PA
Tons of expired Domains were bought on daily basis. You Can check Those expired domains on websites like Moonsy, Expired Domain, PR Drop and many others where you can find expired/deleted domains.
DA (Domain Authority) and PA (Page Authority) are important factors to derive quality of any expired domain or live website. DA and PA were introduced by Moz, and you can check them on Open Site Explorer. If You want to buy expire domains then always strive for DA and PA 25+ if Possible.
- Has Google Adsense Banned The Domain Name?
This is important, because if you are searching for Expired domains then you can also find thousands of domain which are banned by Google. So, if you are planning to buy expired domains then you need to check if Adsense has banned the domain name.
However, if your intention is to make the expired domain an authority site, then there must be Adsense enabled. This is because of the end of the day; you need money from your blog. But it is just to take the link juice, you can ignore this step.
You can use tools like AdSense Sandbox Checker (https://ctrlq.org/sandbox/ ) to check the domain is banned By Adsense or not. Simply put URL and click on preview Ads. If all the ads are being displayed, then you are in a safe zone, otherwise, it is banned.
- Check If The Domain Is Being Banned By Google
You may find a high PA, DA and very good-looking domain but this is of no use if Google has already banned it from search engines. Check domain with Google banned checker and make sure it is not banned.
Note: If the domain is too good and you want to buy it in any case, even if it is banned, then you can use Google reconsideration request and request them for un-banning the domain.
- Check Website Archive
You might be aware of above-mentioned things but this one is new and needs to know before buying expired domains.
If you are buying an expired domain and want to see which type of website was running before it expired, then simply go to https://moz.com/link-explorer and put your domain URL there.
- Check Chinese backlinks
As I have told you on a daily basis thousands of domains die. But Do you know 30% of them are spammed with Chinese backlinks?
You can check this with the help of aHref. Just enter the domain and check the backlinks. If you found backlinks in different languages. you just need to avoid that expired domain.
- Check Domain Age
Domain Age is also an Important factor; which you need to keep In Mind while you are starving to buy expired domains.
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Check No of backlinks/ Backlinks from .edu and Gov sites
You can use a tool like Ahref to know all the details about a relevant Expired domain. These are mentioned below –
- of backlinks
- Number of Do Follow and Number of No Follow Backlinks
- Backlinks from .edu and.Gov Sites
- of Referring IP’s
- of Indexed pages
How much do you need to start Domain Flipping Business?
In all honesty; you will need a minimum of $10 to get started; as most domain name registrars or sellers sell a domain around that price. And once you have bought a domain name; the next thing is to go and list the domain name for sale – period.
Leave it or take it; hundreds of domain flippers around the world are pulling in tons of quick cash from simple domain flips. However, buying a new domain is not the only way to go into this business; as you can either buy an expired domain or buy a new domain or buy both expired and new domains, depending on how much you have.
The potential for ongoing profit is truly unlimited, and you can earn an average of anything from $50.00 in profit, to $200.00 or more. Best of all, there are ways to safeguard your domain investments so that you NEVER lose money on a domain sale or auction.
Buying and selling domain names can be an exceptionally lucrative venture to get into; however, if you are starting off with very little cash flow, it’s always best to purchase lower cost domains and generate small profits as you work your way up to larger flips.
Domain Marketplaces are NamePros.com, Flippa.com or DNForum.com. Remember, your focus is on locating and purchasing low cost domains and selling them for a higher price.
One of the great aspects of domain flipping is that it required minimal work. Unlike website flipping, you aren’t forced into updating websites, tweak or split test sales copy or outsource tasks to freelancers. You can start, run and manage your domain flipping business entirely on your own with small startup costs.
To get started in the domain selling arena, all you need to do is find memorable, appealing
domain names in niche markets and sell them to buyers, eager to create their own website because they see value in the domains you are selling.
Furthermore, the risks are quite low as are the investment costs, and once you have set up your system so that you are generating daily profits, it will require no more than one hour a day to keep the cash flow going.
It’s not a difficult business to get into, if you follow my simple guide to buying and selling domain names.
To start, you will want to create accounts at the following domain ‘hot spot’, where you can both buy and sell domain names:
- http://www.Flippa.com
- http://forums.digitalpoint.com
- http://www.eBay.com
- http://www.DNForum.com
- http://www.NamePros.com