While the high value names are typically "dot coms", Internet marketers and businessmen purchase other variations of the names they register including the misspellings to protect their websites against unfair competition. These are left undeveloped and kept in a growing collection of parked domains that can actually be monetized with the help of an affordable site building service.
Benefits of monetizing
Maintaining a huge collection of names is a cash outflow that can be costly when you consider the renewal registration fees that you have to pay for them annually. Balance the outflow by monetizing them to promote cash inflow. Here's what you can do with them:
Increase their resale value
Keyword names and those with suffixes other than ".com" don't always sell well, if at all, in the resale market unless these point to active and thriving websites. The best way to increase the market values of these names is to create websites around them, generate lots of traffic and promote or sell products on them. Websites with lots of traffic and revenues are worth thousands of dollars when sold to other business owners in need of ready-made sites.
Start a business
Sell your own items or promote affiliate products on your sites. With sales automation tools, your websites can turn into passive income streams so you can earn while aging your domains.
Build and lease
Offline businesses and traditional brick and mortar establishments often need websites with relevant keywords and visibility to jump start their entry into the Internet. For this business, you'll have to build and optimize your sites before leasing them out and include an option for them to buy the site lock, stock and barrel when their lease expires.
What you need
You will need the following to monetize your parked domains:
1. website
2. content
3. traffic
4. products and
5. enough time for aging
If you're an Internet marketer with advanced skills, aging websites is something you can do on your own, but could be overwhelming when you're looking at a vast collection of about 30 to a hundred names.
If you don't have the time or the skills for aging your own websites, why not follow the lead of domain experts who outsource this task and use a reliable service to do it for them? An experienced outsourcer will take care of building, adding content, optimizing and feeding fresh articles to your sites for you to get the best return on your investment.
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