Internet marketers have always known of purchasing and selling domains as a way of making some cash and profit. An essential part of getting profits from the internet is to have one or more of your domain names. A domain name is your pathway to the World Wide Web. You can register the domain names in your name and address. After registration, and a fixed period has passed (60 days) you can sell or transfer the domain to another person who can buy one or more domains from you.
Many people have taken to this mode these days. They buy various domain names in bulk and then sell them later to earn a profit. The selling price is mostly must higher than the cost of the domain name registration charges.
This is known as “domaining”, and the people who are practising it are known as domainers. This can be very profitable if you’re buying and selling domain names with potential business value. The trick is to find, such suitable domain names that are still available for registration because someone has already registered almost all of the “good” domain names.
If you find several domains that you perceive can be good business value, then you can register them under your name, and then sell them later at a premium, as a way to earn money. Now if you’re going to buy lots of domains, then it becomes imperative that you need to get the best possible or cheapest rate for purchasing those kinds of domains.
Different domain registration companies on the Internet
The popular services are like Godaddy, Namecheap, Enom, Moniker, Name.com, etc. Almost all of them charge less than $10 for domain name registration services for single domain names.
For selling domain names, a registrar has for status to obtain the permission or authentication from ICANN. ICANN is the organization that deals in the domain name registration business. Domain names ending with popular endings like .com etc. are controlled by this agency. Regional TLDs (top level domains) are managed by the respective country domain name registries’ NICs.
To get domain names at cheaper rates less than the standard market rates you need to find good domain registration services that allow this. It is hard to see such domain registration services as there are very few of these types of services. You can register your cheap domain names with hem, and then you can sell them at a premium after the mandatory lock-in period is over, thus deriving maximum value from your cheap domain name investment money.
For obtaining cheap domain names that cost only $4.99 for the first registration, you can use services like DomainLazy. There, each additional domain costs only $6.99 after that. Renewals dot-coms are only $7.75, and .net domain renewal charges are only $5.75.
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