Monday, December 15, 2014

Internet Business of Buying Domains - Forward the cheap addresses or build and flip?

What about building basic websites that are easy to setup?  The whole concept of building a website is simple to complete these days with all of the tools that are available.  A person could buy domain names that are really low cost and then put them to work for the whole year.

One of the options for setting up cheap domain names is to link the domain to an affiliate offer.  This is really simple and only takes a few minutes to setup.  You would need to be a participant in an affiliate marketing program and get links to an offer that makes sense for the domain name.  You would simply forward the domain name to the affiliate link.  This is good for a few reasons.

The affiliate links that companies provide usually are kind of long and crazy.  You can make them look much better by masking them with a domain.  Find an easy domain name and hook it up to the affiliate link.  Make it something simple to remember.  This could be a strategy for some of your favorite affiliate programs.

Setting up a blog is another way to use a cheap domain.  You can install the blogging software on your web hosting platform and attach the domain name.  Blogging software is easy to operate and it opens up the door for lots options.  You could explore your writing talents on the blog and add advertising.  You could take pics and upload them to the blog.  You could add affiliate marketing or cpa marketing offers to the site also.  Finally, you could add an email newsletter sign up box and capture emails for mailing list marketing.  

There are lots of things to do with cheap domains. What if you don't want to hold on to the domains?  You could easily put on the flipper hat and decide to sell the websites to others.  Why would anybody want to buy a website when they could build it all by themselves?  It could break down to time or they might not be equipped with the knowledge to build a good looking site.  You can take your skills and apply them just like the real estate flippers that buy property low and sell it retail for more than the original investment.  With internet websites, this is called website flipping.  You can find different places to sell websites online.  

This whole process can get started by searching for cheap domain names and then letting your imagination run wild with your own internet business building plans.  So which internet marketing online business road would you choose?  Would you buy cheap web domains for your own online portfolio buy and hold strategy?  Would you do the day trading version of internet business with buy, build and quick flip?  The great thing about the internet business is that you don't have to pick just one internet income stream.  You could do both and more.

The clock is ticking when you buy a cheap domain name.  Most of the time the cheap price is for the first year of service.  This means that you only have so much time to put your plans into play.  Come up with your strategy and then put it to work for your internet business.  When you are buying domains left and right, it can be easy to forget about the expiration dates for domains.  Make sure that you put your plans for building the domains or forwarding them to affiliate links into the active world.  Don't forget and let them expire before you actually get to use them.
  

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