Selecting Profitable Domain Names

There are a few types of domains to choose from.  The two (2) most common are Vanity and Traffic domains.

Vanity Domain Names

Vanity Names – these can be names someone wants to use for their business.  They usually make some kind of sense to the people who are attracted to them, although I've created and sold many names that didn’t make much sense.  So, go figure.

Keep this is mind:  “A domain is worth whatever someone is willing to pay for it” 

There’s a lot of new businesses starting up every day.  This day and age, a business is antique if it doesn’t have a web presence.  For some businesses, their domain names will have been already taken, most likely by a domainer.  These businesses will approach the holder of the domain to make a deal to acquire the domain name.  I have sold quite a few of these for an average of $500 per domain.   These domains only cost me registration fee, so that’s a nice ROI.  Even if you made only $50 on a domain, that’s a great return on your $10 investment! 

When creating or buying a vanity domain, the more descriptive it is, the more valuable it will be.  The most valuable extension is .com.  .net follows, then .org.  This will not change anytime too soon.   To get an idea of how the other extensions are performing, you can keep abreast at dnJournal.   Click on the Sales link.  Don’t forget to bookmark that site because it’s a good place to keep up with the ever changing domain name industry.