Domain investing or digital real estate is a fascinating business to me. Imagine going back in time and purchasing some of the single word .com names?
I have made many mistakes with domain investing and experienced some wins. What I like about domains is there is value in a good domain and there is a very limited supply.
Once your own it and someone else wants it, they have to go through you.
When it comes to negotiating and domain investing 3 things help.
Knowledge is one area that is going to help you. The more you know about what you’re investing in the better. When it comes to learning how to invest in domain names there is only 1 place to go.
I went to this place and I do highly recommend it. I did the 1-year membership and learned as much as I could. With what I learned I was able to buy a $8 domain and sell it for $1,999.
There is a lifetime membership, but I don’t think it’s worth the price. The 1-year membership is worth it (if you use it).
Websites and Affiliate Marketing
You can make money with affiliate marketing without a website. However, a website is sure very nice to have.
For starters, you can mention your domain in a podcast or TikTok video and get traffic. There really is a lot you can do with a domain “plus you own it.”
The easiest place to get a domain is with Godaddy.com. They have a club membership that does enable you to save money on domain renewals. I pay $8 per domain for a year instead of $18.
The Godaddy club does cost money, so it only makes sense if you have a few domains. You can learn more by clicking on this link.
The next thing you are going to need is hosting. I recently switched from a crappy hosting company to a much better one.
This company has partnered with StoptheHacker to give really good security with daily virus and malware scans.
They offer a 97-day money-back guarantee the longest I’ve seen. The customer service is very good, the pricing is the lowest I’ve seen. Godaddy is $6 a month for hosting and this company is less than half that price.
Plus unlimited bandwidth and storage with Free backups of your site daily.
The 1 negative I see with this company is you have to pay extra for email. Of course, there are SO many free email provides like Gmail you don’t need to pay for email.
Oh, and it’s super easy to switch hosting if you have a current website. They made a way to transfer your website over and look at it before it goes live.
It only took me a few minutes to do this and they walk you through it. When I canceled my old hosting company they gave me a full refund.
Check out the pricing for this hosting by clicking here.
Also, if you get a website you don’t need to pay for a logo. I used a free tool called LogoMakr.com. In fact the logo I have on this website I created for FREE.
I hope some of these ideas are helpful to you.