Technology Toolkit

Selling your expired domains on auction sites is quite easy provided you learn and master the fundamental aspects of auction process. Quite a few number of auction sites allow you to sell your expired domains for a low set up and auction fee. Good domains can sell like hot cakes on these sites while the profit made by selling such domains could be very worthwhile as well.

Afternic.com, dnjournal.com, namedrive.com sedo.com and ebay.com are some of the web portals that help you to auction your web sites. However, EBay seems to be the best web portals for auctioning purposes because of the factor of flexibility and ease of selling. This web portal comes to you with an immense reputation of being the best auction site in the world.

Most auction sites provide a number of user-friendly features that will help you sell you domain names with considerable ease. Some of the most popular options provided by these sites are:

Auction Registrar: An auction registrar has the ability to register expired domains on behalf of those who show an interest in buying the names. ICAAN accredited registrars can help you sell the domain names to your customers.

Auction types: Almost all auction houses provide different auctioning procedures to make the process easier. Some of the most popular auction processes are:

Public auctions: By far, this is the most common type of auction process. You can set your own price for your expired domains on which a potential buyer can bid for the highest price. The highest bidder will win the expired domain. You can even set a reserve price for your domain when you perceive that the anticipated price is too low, below your actual price. You can set your own time to finish the auction process; usually, auctioneers set a period of around 7 days.

Buy It Now Auctions: You can suggest a special Buy it now price for those potential buyers who want to buy your expired domains almost immediately. Once your buyer confirms the buying intention, he or she will have to pay the set amount and purchase the domain name.

Reverse Auctions: Also called Dutch auctions, you can use these auctions when you auction your domains at the exact price that you want to receive. The only downside of this process is that the price of the domain may drop with each day. Price will fall continuously until a potential buyer chooses to the buy the names.

More tips to sell your domain names:

a) Make sure that you provide a free expired domain appraisal report so that the potential buyer can study the viability of buying them.

b) Ensure that the domain names you want sell offer a decent value to your clients.

c) If you feel that you have trouble in selling a particular expired domain name, use an extended auction feature with promotional tool like bold or highlighted listing.

d) Make sure that you complete the ownership transfer as soon as possible.

e) You can even create a small brochure to highlight all positive features of the expired domain names like incoming links, current traffic and Page Rank if any.

f) Relist the auction as and when necessary. Ensure that you offer lower price if the domain name does not sell even after an extended listing period.

g) If you are selling a premium domain name, you can consider giving a free domain as an incentive. Bundled offers are very common in any auction process.

Expired domain market can make you immensely rich when you strike it right. Many newbie traders think that this business is all about buying a domain at very cheap price and later selling it at very high prices. However, the actual reality is something else! Your domain is actually useless unless it is one of those types that are born bestsellers. Such domains are rare and special and most of them will never see the light of day because most of them sell in a private market!

Here are some more details about this unique business system:

1. Expired domain market is for everyone. Anyone can use this opportunity including you. It is open for everyone but with a stiff rider – participate in this business if you are ready to compete with thousands of tough competitors!

2. Expired domain market is a complex system where system rungs very tightly and rigidly according to some set and established guidelines. All domains must pass through a number of accredited registrars who actually hold the control of all expired domains.

3. The perceived commercial value of an expired domain is apparent and invisible. You will never know its value unless you actually sell them.

4. Expired domain market is also a very secretive market where most of the transactions are kept under tight control and secrecy. There is scant data available on the sales volume and the actual selling price.

5. You need just small amount of money to start this business. Initially, you may like to spend little and later expand your investment as you gain confidence and have a firm grip on the basic nuisance of the market and its system.

6. It is always true that most of the newbie domain traders purchase ordinary expired domains in the hope that they can make lot of money. Lack of knowledge or skill in choosing the right type of expired domain could be the main factors for failure in this business.

7. Expired domains are invaluable units of virtual estate where you can control the way in which you sell your domains. Expired domains are also like gold nuggets that you can transform into usable and practical units with an ability to sell at very high prices.

8. The initial price suggested by the domain trader may never be accepted by a potential buyer. The selling process could take a long time when you and your buyer may participate in a lengthy negotiation process.

9. Choosing wrong expired domains and buying them at very high prices could be disaster! When you collect wrong domains, you will also accumulating tremendous liability along with them.

10. Diversification in this business could be very difficult as it consists of lengthy flipping process that needs your time, effort and money.

11. If at all you sell your domain at a profit, the amount realized in the sales process will cover your entire expenses spent for retaining that domain with you.

12. It is also very difficult to sell a large inventory of expired domain names in one single transaction. You may need to go three or four at a time to sell all you domains.

Expired domain market is an exciting opportunity that needs your skill, patience, time and money. You will need to learn and master the art of buying and selling them by conducting a thorough research study on the topic.

Entrepreneurs and business owners look out for expired domains that can act as their gateways to the world of online business. Once again, people will have different interests, goals, objectives, needs and requirements for their expired domain names. Out of every ten expired domains sold in the market, nearly seven of them belong to this category. The reasons are too obvious; a majority of people buys expired domains to set up an online business, while some of them buy expired domains to host web portals that are non-profit in nature. Several types of expired domain buyers make expired-domains-for-business type of users. Here is some information on how to deal with such expired domain buyers.

Buyers interested in project or academic based expired domain names: Some people who deal with academic based research projects and assignments would like to buy names connected with the topic. Web sites that belong to this category are non-business in nature, but deal with some aspects of commercialism. Making money out of these expired domains based web sites is quite difficult unless someone sells research and white papers.

Buyers interested in expired domain names that create monetary gains: A majority of expired domain buyers belong to this category. People who buy these types of domains feel that there is something profitable in these domains. It could be incoming traffic or even PageRank. Smart expired web domain buyers usually look for misspelled names or those names that emerge out of keyword insertion procedure. When a person buys misspelled web expired domains from you, he or she is trying to create a smart landing page, where a web user can see plenty of advertisements. In addition, people may also buy expired domains to redirect their web users to another web site of much higher commercial importance. You will need to attract these buyers because most of them want to buy domains just to make money. The RPI is very high for this trading category. Affiliate marketers always search for keyword based domain names, while online entrepreneurs are keener on buying domains for their SEO enabled web sites.

Buyers who buy a large inventory of domain names: These are the cream of the expired domain trading industry. They make a living out expired domain by selling them at decent profits. People buy these domains in large numbers and use for a number of purposes. Most of these domain traders park their domains to earn substantial amount of income, while others may rent their names out or even resell at high profits. Renting out domains is a recent trend and it is fairly success, because some people are desperate to use keyword-enriched domains that are not in their inventory.

Buyers who buy domains for speculation: People who buy expired domains for speculation purposes are usually cash-rich. These people believe that at least some of their domain names will have immense value in the near future. Smart domain sellers can foresee favorable changes in the domain market and they use this sensitive information to buy only the best domains names, purely for commercial purposes.

Expired domain market offers you several advantages and benefits of making money out of expired or expiring domain names. This business is unique in a sense that it originates from using something that is considered dead and wastage by a number of people. It is almost like a product recycling market where wastage products are recycled back into the system once again. In expired domain market, domains drop dead everyday in millions of numbers. When you become an expired domain trader, you will be recycling some of these domains back into the system by giving it a life. This business is quite unique because of its innumerable advantages as well as demerits. Here are some salient points about this wonderful business:

1. Anyone can make some money from expired domains by buying them at low prices and later selling at some profit. It is almost like any other business where you will be selling products and services.

2. It is also possible to make some money from the existing traffic coming to your domain during the entire tenure when you own that domain. Everyone loves traffic and incoming links. You can easily use this trend to make money out of your expired domain.

3. Anyone can buy a single domain expired at a price that suits his or her pocket. Depending on your available budget, you can even buy domains at thousands of dollars. In general, a simple and average expired domain costs just under $50.

4. Just remember that all domains are unique and special; there may be some people who needs your domains.

5. Also remember that you will need to spend some money to keep your domains with your. It could the annual renewal fees or even costs involved in developing the domain to make more money.

6. You will also need to maintain your expired domain by investing some money in auctioning the domains.

7. The only negative issue with expired domain market is that it is very volatile and liquid. You may need to spend weeks of time to buy an expired domain. You may also need months of time to dispose that domain by selling at a decent profit. You may even not sell any domains for days together!

8. Expired domains are dead investments until your sell them at profit. You will need to monetize your domain name in order to make money. Monetizing could be anything in nature; it could be promoting your domain or even flipping it into a highly targeted web site.

9. Expired domain could be a busy market where thousands of people will be fighting for a breathing space. In fact, it is very chaotic with so many people trying to buy single expired domain.

10. It is very difficult to know the value of your domain when you actually buy it. The value of the domain could be zero or even thousands depending on how you monetize it.

Expired domain market is an exciting and thrilling place where you can use your knowledge, skill and intelligence to buy domains of your choice.

There was a time in the past, when people would flaunt their visiting cards with their flashy addresses and telephone numbers. However, the present trend is of people flashing their web addresses to their friends, colleagues and business partners. Of late, people from all spectrum of life are opting for web portals to give out information and details to others. Buying domain names is the latest trend among people. People buy domain names for personal uses, while businesses buy them to carry out different types of business operations. People may buy and register domain names by creating their own URLs. However, many business entrepreneurs also buy expired domains to set up online business ventures.

Selling expired domain names is actually difficult considering the stiff competition that exists among domain traders. First, you may never know the personal preferences of people who are looking for expired domain names. People have varied needs and requirements for expired domain names. You may wish to know for what purposes, uses people buy, and use expired domain names. Here are some general tips and ideas:

You can classify expired domains under two broad categories depending on the uses and purposes. Under general circumstances, people may buy expired domain names either for non-profit or personal uses, or for business and for uses of profit.

Expired domain buyers for non-profit and personal uses:

A number of non-profits and charitable organizations keep looking for good domains expired and buy them for their charitable activities. These organizations would need domain names that match the objectives and goals of their charity. On the other hand, millions of people also buy expired domains for personal purposes. Someone may need an expired web domain just to publish family photographs, while others may want to buy them to print personal blogs. The most essential thing for these people is to make a connection with their friends and family members.

Tip:

Most people under these categories look for expired domains that end with .org or .info extensions.

These domains are actually cheaper and people, who look for such domains have a severe budgetary constraint.

These domains are difficult to sell as people tend to register fresh domains

Finding out an expired domain buyer for this category is actually very easy. People who look for these categories of names are very choosy and specific, as they would need only a specific type of name. Once you segregate these names and list them, you can contact them with your best prices. Make sure that you are offering something that is useful to your personal customers. Non-profits are very specific, because they want web domains based on particular keywords. On the other hand, people who buy personal domains are easy to handle and manage. You can even offer an extra, free expired domain as a gift, when they buy a domain at a profitable rate. Mixing your expired domain portfolio with personal and non-profit type of domains may offer you a streamlined business with varied options and choices.