Is it good to go through the likes of GoDaddy? How do people sell normal domain names for lots of money as seen here.. http://marketplacepro.moniker.com/auction/live_auction_ticker.html

I have been reading the book Good to Great: Why Some Companies Make the Leap… and Others Don’t by Jim Collins and it is essentially a study that was done over a number of years that looked at companies that went from good to great and those that didn’t…it also goes over similarities and differences between those companies that went from Good to Great and those that didn’t… A common theme throughout the book is culture, leadership and the people….and how it plays a factor in companies going from Good to Great…. I literally put down the book and head out for a haircut to SuperCuts (i need a simple buzz and trim haircut) at 4:50pm on a Sunday…when I get there four hairstylist are working and I already begin to hear one or two say….”This is my last haircut, then I can’t do more, I gotta get out of here”…..then the phone rings….”Don’t answer it, tell them we are closed at 5….I need to get out of here”….all this time I am sitting waiting for a haircut and clearly don’t want one of the “unhappy” SuperCuts team members cutting my hair (too bad as I am an excellent tipper!).  Bottom line, if this was Boss Undercover, SuperCuts management would NOT be happy….trust me! To the contrary, my wife and I recently founded our own 501(c)3 non-profit charity called ODASH …..I went to Chase bank to setup the proper bank accounts and as I was leaving the bank my cell phone rang and it was Chase congratulating me on my recent incorporation of ODASH and asked if I had any banking needs….quite a different experience that what I ad with SuperCuts…I actually thought Chase was monitoring me from their parking lot before they made the call…LOL  Bottom line is that I had a much more positive customer experience with Chase – thank you Chase! This entry was posted on Sunday, March 28th, 2010 at 11:26 am and is filed under Entrepreneurship .

Two weeks ago, the first Social Commerce Camp was held in Washington, DC to a sold out crowd. It was sponsored by  KikScore, Network Solutions , and  MyBusinessAssistant.com and held at the downtown offices of Mayer Brown

Using a good domain parking services to monetize expired domain names seems to be a neglected aspect with a number of domain names traders. Domain parking is also an unfamiliar concept to many inexperienced domain name traders. Domain parking is one of the most simple and straightforward monetization techniques in the domain trading industry. With this method, you can have a number of advantages and benefits like:

a) Domain parking offers a stream of ongoing source of income. Though the income earned is very small, you can park a number of domains to earn income from each of them.

b) Domain parking is a simple method that offers you to recover some part of the investment made in purchasing expired domains names.

c) Domain parking offers you a chance to earn income by the way of commission earned by a click through process.

Procedure:
1) Register your expired domain with a good domain parking service provider. Before choosing a particular service, ensure that you are confirming about the terms and conditions, the rate of click through commission and the type of web page they provide.

2) Once you ascertain about the authenticity of the program, you can register for the service by paying a small registration fee.

3) Once you have a confirmed account, the domain parking firm will allot a dedicated web parking page for your expired domain. The page will contain a number of sponsored links, advertising banners and a search box on the top of the page. Premium domain parking services may even insert relevant articles, snippets and content on the page.

4) Once your parked page goes on air, you can expect a small flow of income within a few numbers of days. This income may rise very slowly over a period of several days.

5) You can earn advertising revenue for the traffic generated by your parked page. Some domain parking agencies may share a small potion of income generated, while others allow you to float your Adsense links and keep the entire commission with them.

If you have a series of dead and useless expired-domains in your inventory, domain parking is possibly the best method of extracting money from them. The usual cost of a typical domain parking service may range from $5 to $10. Some of the famous domains parking services are Parked Gold and Godaddy. A good and efficient landing page is a mandatory requirement, if you want to attract more numbers of site visitors. You may wish to park your expired domains with a number of domain parking services. This will allow you to derive maximum possible revenue from your domains. The pay out rate varies among different parking firms. It is possible to mix and match your expired domains with these domain parking firms. In all, domain parking services are an excellent opportunity to create the first viable income source for your expired domains.

Much of the risk associated with domains revolves around under what business model they were purchased under. For example, if I purchase a high value domain and I’m looking at building out a site then the investment is more in the business behind the domain rather than the domain itself. If I purchase a domain as a part of a large portfolio that I’m hoping to sell at a premium to end users then I’m adopting the stock sales business model.

Has domain name parking hit bottom? How much are your parked domain names earning? If you make $20 or more RPM (revenue per thousand visits), consider yourself lucky.

The “Should I park my domain name and monetize it that way or should I develop a website?” is a pretty old debate among domainers. And I believe it’s proof that laziness will always win over sensibility.

There are a variety of ways to monetize a domain name. Most domainers who deal with a lot of domain names like to park their domains at Sedo, GoDaddy, or other services that help them monetize the name.

Others build made-for-adsense websites that have little real value, intending to get visitors to click the adsense ads. This is not much different from parking the domain names.

Very few domain name sellers or speculators develop real websites or blogs on their domain names. Why?

Even though they intend to sell their domain names, they know that this usually takes a lot of time. Finding a buyer isn’t an overnight process in most cases. Most domains that are finally sold have been owned by the speculator for years.

Parking those domain names is the way they try to cover their costs of registering the names year after year. Most of their domain names will never sell because they want way more than they are worth. Most domain speculators are hoping for that one big sale, kind of like playing the lottery.

During all that time they are holding onto their domain names, they could be building websites, doing affiliate marketing, blogging, and more. The problem is that those things require work. And we all know how much people like work.

Most people who join MLM programs, get involved in domain speculation, or fall for get rich quick schemes do not want to work. They are hoping to fall into thousands of dollars without having to do any real work.

This article won’t win me any popularity contests among domainers. But if the truth hurts, too bad. It is not ALL domainers who are lazy. There are many who work very hard at their profession. They learn to master the traffic their domain name brings in and make a business out of it.

This article is more about those who just go out and register a bunch of domain names they believe are creative, hoping that someone is going to come along someday and give them a bunch of money for what they consider to be creativity.

For some it is their second job or hobby. For others it is a habit. I’ve known domainers who mortgaged their house to buy a lot of domain names they will likely never sell for enough to cover the loan.

In my opinion, the smart move is to develop those domain names into real online businesses. If you own one-word generic domain names that have type-in traffic, this doesn’t apply to you. But if you are like most domainers and you own a bunch of made up domain names, two and three word domain names, etc., then you should think about developing those domain names into a business.

A domain name’s real value is in the traffic it generates and what that traffic may or may not buy based on the keywords that helped them find that domain or website in the first place.

Let me rephrase it again. Your domain name is not worth anything more than you registered it for when you first register the name. Once you analyze the traffic that domain gets, it may or may not increase in value.

If just parking the domain name gets very few clickthrus for the ads placed on it, then your domain name is not worth but a few pennies over the price of registration.

All it proves is that a few people who end up on that domain name will click an adsense ad. To a business, that means nothing. It doesn’t even prove that any of the traffic generated by that domain name will actually buy something.

However, if you create a business plan that matches the domain name, and you develop a website based on that business plan, and people do actually buy products, services, subscribe, join, or click through to your affiliates, you show that the domain name you own has business potential.

A business owner is much more likely to buy your domain name if it has a proven profit potential than if they just think you have a cute catchy short domain name.

It can be as easy as installing free wordpress software and picking a free theme for your blog and writing to it daily with original content.

The bonus is that it may also rank well for your keywords if you do it right and know a little about seo and social bookmarking.

If you develop a business model that is just moderately successful and you add that it has a good ranking for some key phrases, the value of your domain name is quantifiable and much more appealing to anyone that may consider buying it from you.

My opinion is based on having developed hundreds of websites and blogs and having bought and sold over 500 domain names.

There are a few people around who have bought and sold more than I have.
There are domainers who have made a lot more money than I have by monetizing their domain names or by directing the traffic from their domain names directly to websites that are owned by businesses.

But, again, they have the right domains and tools to do that with. Making up domain names or owning a bunch of 2-3 word domain names does not mean you will be one of these. You won’t be. Those I referred to in this article should begin thinking about developing their domain names if they want them to have any actual value.

Newbie expired domain traders keep searching for newer and innovative ways of making money out of their expired domain names. Expired domain trading is a vast industry, where almost every domain trader will be competing with others to sell their stock of domain names. What happens when an expired domain trader sits on a big pile of domain names without using them for any commercial purpose? The result could disastrous for the business, because the cost of retention and maintenance is always recurring and it can cut a big hole in the pocket.

Sitting on a big inventory of expired domains is a fruitless exercise that consume too much of your precious time as well as money. You must focus in deriving handsome income from your domain names so that you can cover the cost of retaining them with you. One of the simplest ways to earn money with your expired domains is to park them on specially designed and marketed domain parking web sites.

Domain parking offers you several advantages and benefits of not only earning money, but also maintain your expired domains in the most profitable manner. Some of these benefits are:

Enough revenues: Almost all domain-parking companies share a generous share of income with their clients. This income is enough to cover the expenses involved in maintaining your expired domains.

Very simple set up process: All domain-parking companies offer you a very simple set up process that does not take even five minutes. Signing up and running the account is also very simple.

Contractual obligations: You need not sign any agreements or contracts to stay with these firms. You can move away to another domain-parking company without any penalties or fines.

Global reach: Language and regions are no barriers to you. Most of the well-known domain-parking services provide the services in all major international languages. You can even use highly accomplished geo or regional targeting to drive visitors to your web site.

Efficient sales conversion: Domain parking is an efficient way to turn your domain into a cash machine. It also enhances the chances of domain auction or sales by over 100% because of the wide exposure and virtual advertisement.

Domain parking uses an advanced method of search. It takes the advantage of using type-in type of traffic that is when a web surfer simply types an address on to the search bar of the search engine in a hope that he or she will get the desired information from the search. Domain parking can add real-time value to your expired domain. When you see that your expired domain is increasing in its online value, then you can sell off your domain to the highest bidder.

With all its wonderful benefits and advantages, domain parking still has some pitfalls. Most of the time, some of your domains may never receive any traffic. In addition, the income generated by parking your expired domains may not be substantial. However, domain parking is a lucrative way to park your otherwise dead and expired domain; domain parking can resurrect your dead domain back in to life.

Domain Parking Pages or Domain Ads? Site Targeting or Opting Out?

Excerpt from:
Park All Your Domains on One Host and the Script Will Control …

I have a several domain names that begin with A1, anyone care to give me an appraisal? They all get high hit rates even on their parking pages. a1Nokia.cm a1iphone.

See the article here:
A1 Domains appraisal – NamePros.com