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Tips > SSWT 2/17/06 Making Money with Domain Names
Ellen
Braun recently told me how she was profiting from this Yahoo
domain special... to the tune of earning a 1,337% return on
her investment! Find
out firsthand how Ellen Braun is I was once again renewing a domain name which I had never developed into a web site. As I looked at the 15+ domain names that I owned within that registar (there are a few more registered with a different company), I wondered if I could earn some money by selling off my dot-coms. We've all read about the millions that were paid to the lucky owner of domain names like loans.com. Although my domain names were not as short and snappy, some of mine were downright cool! With that in mind, I put up a post listing several domain names for sale in Digital Point's 'sell domains' forum, which you can view here. Rob sent me a private message inquiring as to the price of ParentingTipsAndAdvice.com. I had registered that domain in order to build a parenting website, however I decided that the domain sounded boring and technical. Instead I purchased and began building a parenting advice site with a more memorable domain name, RaisingSmallSouls.com. I emailed him that my asking price was $80. He responded that the domain name would be a gift for his sister, and he only had $40 to spare. I accepted the $40 offer, and transferred the domain name over to him. It took a few minutes of time on the phone with Yahoo's customer service, and twenty-four hours until the change took effect, yet now I know clearly what to do the next time I sell a domain name! Considering
that I originally purchased the domain name for $2.99
from Yahoo several weeks ago, I earned a whopping 1,337% return
on my investment! Not bad at all for a first time domain
seller. I plan to try this again soon! Ellen C. Braun is a stay-at-home mom and entrepreneur. She is the author of Willpower Secrets: The Absolute Truth About Successful Weight Loss! To meet Ellen's kids and learn about running an online business from home, visit http://www.Womentrepreneurs.com/
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