3 Tips to Find and Flip Niche Domain Names | DomainInvesting.com
Neustar Domain Names

3 Tips to Find and Flip Niche Domain Names

5

I want to share something I’ve done in the last several months that has helped me close a couple of very profitable deals. These deals weren’t high value (around $1,000/each), but the profit margin was great.

First, a bit of background information. I searched NameJet pre-release names with bids in the closing minutes. I found one that I hadn’t seen before and backordered it. When it came to the auction, I was the winner at under $200. Within 2 months, I sold the name for mid-$x,xxx to a company that is a leader in this small industry.

This is pretty much an under the radar industry that has low search volume for its key terms, but when it sells its services, they are for thousands of dollars each. There are several companies actively marketing its services in this space.

Shortly after completing this sale, I spent a fair amount of time seeking out relevant domain names in this small industry. Some were hand registered and others auction wins. I then re-approached the company and worked out a smaller deal ($1k/name). I paid less than the first acquisition for these names, so it was profitable and a quick turnaround.

There are three pieces of advice here:

  • Seek out smaller industries and find the best cheap domain names that make sense. Approach the market leaders and offer the names for “fair prices.”
  • Once you complete a sale, find other names that are priced well. Set a NameJet and/or SnapNames email alert for specific keywords so you know when a good one is coming up.
  • Re-approach buyers and offer them good or better deals on subsequent domain names. Don’t price them too cheaply or you’ll lower your profit margin on subsequent sales.

Do you have any similar tips you can offer?


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


Reach out to Elliot: Twitter | | Facebook | Email

Comments (5)

    Jen

    This is definitely a helpful tip.

    I’m not a hard core domainer but I’ve built niche affiliate websites and am relatively new to this side of the fence, therefore please don’t nail me to the cross for asking the following question.

    In your opinion, when considering/ prospecting end users to sell to, is it more advantageous to use a previously registered domain name rather industry keyword or exact match domain(emd) with real search traffic which may be of more value to an end user that have not been previously registered?

    I hope this question makes sense. I’m very interested in learning more perspectives on this subject.

    Thanks.

    February 6th, 2013 at 11:39 am

    Anticareer.com

    What is your most successful way to approach a company? Email/phone/something else?

    And do you try to contact someone in Business Development, or IT, or ?

    February 6th, 2013 at 1:00 pm

      Elliot Silver

      Only email and it depends on the company.

      February 6th, 2013 at 1:06 pm

    Andy

    Whoa Elliot, that’s pretty neat. Lot of potential in that seemingly and pretty low-risk.

    February 6th, 2013 at 1:34 pm

    Digi Junkie

    It’s hard to choose right niche. After Google update, niche sites will be harder to overcome big sites.

    February 19th, 2013 at 12:53 am

Leave a Reply

Name *

Mail *

Website