| What
is a domain name: The unique
name that identifies an Internet site.
Many
people struggle to think-up some online business
that will make them a fortune. Most of them
never get passed the thinking part. Some do
actually develop a website but watch hopelessly
the number zero, which represents total sales.
Tough lesson learned; online success isn’t
just in the idea and the website. There is another
factor which ultimately determines fate of your
online business: the domain name.
Depending
on what type of domain name your website sits
under, traffic will flow like a river, or not.
Unfortunately thousands of people already realized
this and most of the good domain names which
are easy to remember and are marketable or receive
constant unique traffic from address bar type-ins
are already taken. Fortunately these domain
names are being sold off on auctions, so with
enough determination one may still get a foot
into the door of online business success. However,
domain prices are expected to go way up in the
near future, so investing into good domain names
and just holding them to resell at later time
is exactly what many investors are doing.
You
are probably thinking that just holding domain
names in hopes of reselling them later at a
higher price seems kind of risky. Well, major
domain name investors don’t just sit on
their domains. In fact, they collect hefty revenues
from advertisement space posted on each domain
name and usually have no plans of reselling
but instead develop one domain at a time into
successful online ventures which feed off the
constant traffic collected between all the domains.
Some
high-profile domains have already been resold
for millions of dollars (yes millions just for
a word), and many more in the six figure range.
A portfolio consisting of about 100,000
traffic generating domain names have
been sold to a venture firm for approximately
$160 million.
Luckily,
many online capitalists are saying that this
is only the beginning of what is to come. Most
investors still never heard of this unique opportunity.
We had the blow up of the oil market, then the
stock market blew the whistle, and finally real
estate went through the roofs. What’s
next? |
