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Investing in websites is a process that allows any savvy user to make a sizable profit. The process should be three fold: invest in flipping, parking and developing websites. The better you can do at this, the more likely it is for your business to do very well, without a lot of long term commitment.
Consider the different ways to invest in domain investing, or website investing.
1. Invest in website flipping: Here, you will purchase a domain name and start to develop the website. Once you have some level of secure footing, you then sell the website at a profit.
2. Invest in domain name parking: Here, the website owner registers a domain name. Then, with very little cost, they do nothing more than sit on it and try to sell it to those that may be interested in buying it.
3. Invest in website development: Purchase a domain name, work to establish the website and then hold on to it and profit from it.
In each of these situations, there is profit to be had. Domain name parking offers the lowest potential returns unless you have a very in demand type of domain name that a company feels they must have. Investing in a website and then flipping it is a great way to turn a profit, especially if you know how to set up a website fairly quickly and what it takes to get the Internet marketing going on it. Finally, owning and developing a website is the largest profit maker because the long term benefits far outweigh the short term selling in either of the two prior options. Yet, the profits may be well off into the future.
Some Internet marketers use all of these methods and they do so very successfully. As your business grows, you too can make decisions later about how you use it. For example, you may find that you purchased a domain name and built a website you planned to own and run for some time. But, in a few months, the website is going strong and in turn you have an offer to buy it that you simply could not refuse.
In all scenarios, the goal is to find and secure a website that will work for your goals. The development of that website hinges on the same factors as any other would.
You'll need to develop a website that offers good information, good keywords and is a domain name that's attractive. Depending on the extent of your goals with that domain name, you'll want to build a successful website that people will want to own.
In this book, we'll take a look at what each of these areas can offer to you. We'll also talk about how to get started in each one. For many Internet marketers, even those that are just starting out, these are the foundations of success in their business. This is how they make a sizable amount of money month after month.
2DOMAIN NAME PARKING
The first and simplest form of making money from website investing is through domain name parking. Here, you have the ability to make an investment for very little, usually just a few dollars. When you park a domain name, you simply secure the domain's use for another time's use. It can also be done to redirect traffic or for resale.
For example, perhaps you have come up with a fantastic website name and you wish to hold on to it before anyone else can snatch it from you. To do this, you simply purchase the domain name and it will sit there, usually with an "Under Construction" page up. The site may also be, "Coming Soon…" There is no deadline to developing the website. There is only the cost of renewing the domain name each year.
Those who determine they want to keep the domain name after the first year can renew it and start developing the website. This is a great way to finally get your website up and serving your purpose. You will then need to pay for hosting of the website at the point when you will develop it. This will include purchasing enough space for the site. At the time the website has hosting, it no longer is a parked website.
On the other hand, you may find it helpful to use as a redirection page. For example, if you have a Yourname.com domain name, you may also want to purchase a Yourname.net domain name. Then, use the second page to direct traffic to the first page, in cases when people type in the wrong address into their navigation bar.
To make a profit selling a website, you may also want to consider domain parking. In this instance, you will park the website to simply hold on to the domain name. For instance, perhaps you have come up with a fantastic domain name you know a company may want at some point. You purchase it and park the website (meaning you don't even pay for website hosting for it.)
Then, you resell the domain name (at a sizable price, of course) and make a profit from it. It was very common for Internet marketers to do this type of transaction back in the early years of domain names, but it still holds true today. Many businesses use this method as a method of increasing profits solely based on keywords and niche topics.
COMPARING IT TO REALESTATE
How does domain name parking actually make you money? Compare how it would work in a general real estate transaction.
With domain name parking, you are simply purchasing the land that someone may need at some point. For example, there may be a field out nowhere in particular that is open, filled with grass and rolling hills. Right now, it does not do much and doesn't have a lot of value. But, you notice it is just a few miles from a developing city. By purchasing it now, when the price is low for it, you can resell it later at a higher price simply because you were in the right place at the right time.
Domain name parking is quite similar. There is very little to invest, just in purchasing the domain name. There is also very little to do with the website once you purchase it except hold on to it. Some Internet marketers will use it for Adsense, or other advertising, but unless the site does get a lot of traffic (especially if the traffic is not consistent) it is likely it won't rack in too much money.