These days, reselling domain names for flipping websites has turned out to be a very profitable business. Choosing the right domain name is very important if you want to flip websites successfully. Let’s find out what you need to do when choosing a domain name for website flipping purposes.
The best domain name extensions or TLDs (Top-Level Domains) are .com, .net, .org, and the premium domain names. Of all, .com domain names are still the top choice for a client looking to purchase an established site. However, your .org and .net names are also welcomed in these site-flipping marketplaces. However, I recommend you pick one domain name wisely.
Length of the domain name
A short name can be recalled easily. It’s wise to keep your domain name as short as possible. As an example, highschoolvolleyballclub.com is a huge domain name. it’s better to choose something that can be remembered in two parts. The famous websites all have very small names; some examples are facebook.com, twitter.com, google.com, and many more like these.
Marketing factors of domain names
If you are interested in flipping websites, you have to be very careful about choosing the right market to tap. If a market has many customers chances are you will get more bids when you eventually sell your flipped website. Experts define markets into categories such as Massive market, Big market, Medium market, and Small or, Tiny market. When you are targeting a big market, you will find the business competitive. But it will be easy for you to expect a huge amount of interest at once. As an example, social websites remain in the competitive field, and you can expect a huge payoff if you have active users and a successful site.
Maintaining clarity in domain names
A good domain talks about the content itself. So, while flipping websites, get a domain that is pointed to the business closely. This will increase the intrinsic value of the website. Potential clients will also be interested in your website instantly because your domain name will be short, clear, and to the point. These domain names are hard to come by, but they are still out there. You just have to do your research.
Avoiding abbreviations and confusing words is a must
Choosing a clear and straight domain name is very important. Usually, substitutions and abbreviations reduce the value while you are flipping websites. You must remember that a brand should be straight and brand-able. A combination of all these good tips will help you a lot in flipping websites. A lot of fo people are making their livelihood just flipping websites and you can too.