| There are two main ways that you can make money | | | | website. |
| from domain names - you can either use a domain | | | | Imagine a sales company starts up, promotes its |
| name that means something (eg business.com) or you | | | | telephone number, and then at a later date the |
| can use a domain that gets a lot of visitors. It may | | | | company ceases to trade. People will still be calling the |
| surprise you to learn that these domain names are not | | | | telephone number even though there will be no one to |
| necessarily the same thing. | | | | answer it. If you were in competition with the original |
| Most of the domains which are a word or phrase are | | | | company, it could prove lucrative to have their old |
| already taken. To get a domain that means something | | | | telephone number redirected to your company. |
| you need to think latterly, think ahead and register a | | | | Domains and websites work in a similar way. A |
| domain name before anyone else thinks of it. For | | | | domain name gets registered, a website gets built, and |
| example, in the boating world there were yachts, then | | | | then the domain/website is promoted all over the |
| super yachts, and perhaps now mega yachts - so if | | | | internet, sometimes with thousands of links pointing to it, |
| you can think of what the next term will be, then it | | | | which results in thousands of visitors. But a domain |
| may be worth your while registering the domain and | | | | name can only be registered for a set period of time |
| waiting for a few years until the term becomes widely | | | | and at the end of this period the owner can chose to |
| used. If you get it right then you may well be the | | | | renew the registration. However, domains don't always |
| owner of a domain name worth a lot of money. | | | | get renewed, so the domain becomes available again |
| The other way of making money with domains is to | | | | to be registered by anyone else. |
| get a domain name that already has a lot of visitors, | | | | These domains are called expiring domains (or expired |
| and then monetizing the domain - normally through | | | | after they become available to register again). If you |
| advertising. This can be a lucrative business for those | | | | can find an expiring domain that has been well |
| with the knowledge of how to find well visited domains | | | | promoted then you will have the opportunity of |
| and I will now try to explain how these domains come | | | | registering that domain, and making money from it. So |
| about, and how you can find them. | | | | the trick is to find these valuable domains. You need to |
| It is important to realize the distinction between a | | | | find domains which are about to become available |
| domain name, and a website. A good analogy is to | | | | again, and then figure out how many links are pointing |
| think of the domain name like a telephone number, and | | | | at each domain - in general the more links pointing at a |
| the website as a company. When you call the | | | | domain, the more visitors a domain, and hence website, |
| telephone number you get to talk to someone at the | | | | is going to get. This can be a lot of work, but there are |
| company, which is similar to when you enter a domain | | | | websites that can provide you with this information. |
| in an internet browser you get to see the underlying | | | | |