Domain Flipping Experiment
In case you don’t know, the term “domain flipping” means to buy a domain with the aim of selling it on again at a profit. This could either be a brand new domain, one that has expired or one you buy from someone else.
I’ve looked into this a little bit in the last month or two and I’ve no doubt that if it’s done right it can be a nice little extra income stream. I’ve read about people who are making a pretty good living just flipping domains.
While it’s something that will probably take practice to get really good at, from what I can see it’s a fairly easy way to make a bit of extra cash without being too time consuming. I might be wrong! It could be really difficult to get right and take many hours to flip just one domain!
The Experiment
As I mentioned in my last post, my first attempt to simply buy a domain then sell it straight on failed since I then decided to setup a site on the domain instead 
. Last night I bought another domain, this name is to do with something that could be very big in the technology world, but at the moment I’m not 100% on it. I would like to try and sell it on soon because I am eager to see how I can get on flipping domains and see if I can make a profit, but I think the best course of action would probably be to let the main keyword get some more exposure in the news and online world and maybe even wait to see whether others start selling domains with this name in it and see how much they go for.
Although I’m still very busy with the affiliate sites I have on the go, it can’t hurt to take half an hour here and there to try something different. In fact I have a couple of domains which I don’t think I am going to use so I may try and sell those, they are .co.uk names so not sure what the market is like for those at the moment. Both names are fairly short (7 and 8 letters). These domains don’t have sites, don’t get traffic, they are just domains sitting there doing sod all!
Once I’ve been through the process I’ll post back here with my experiences. Hopefully I’m successful and can look at this as another consistent income stream, and hopefully I can help you guys out with what I learn from it.
Have you flipped domains before or are you considering trying it out?
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Tags: Domain Flipping, Domains Posted in
October 11th, 2008 at 12:06 am
When you’re selling your domains do you have any sites in mind that you might list on? Or are you going to do it privately on this site?
I’ve tried my hand at selling domain names through SEDO and privately and haven’t had a whole lot of success with them - might have been the names, could have been where I was selling them, etc. So I’m very interested on where you plan on selling them and how you make out
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October 11th, 2008 at 9:43 am
I am thinking of trying ebay.com actually (domain trade on ebay.co.uk seems to be alot less active).
http://computers.shop.ebay.com/items/com__W0QQ_catrefZ1QQ_flnZ1QQ_sacatZ11153QQ_trksidZp3286Q2ec0Q2em282?_trksid=p3286.c0.m282
You can see that for .com’s there are currently over 4000 auctions up, and if you search by completed listings only you can see that some fetch a pretty decent price.
Also the listing fee’s on ebay I think are much less that sedo, so for the purpose of testing the waters I’ll go for ebay.
Will definitely post here to let you know how I get on!
October 14th, 2008 at 5:45 am
I never had success by from domain flipping. Need some more experience in that area
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