Find Available Domain Names for Money
By Eric Hammer
Believe it or not, there is a serious amount of money to be
made if you can help people to find available domain names (the
web address like "mysite.com") for their new businesses.
These domain addresses are becoming increasingly scarce given
the explosion of websites that have been created and continue
to be created every day. So how does this work and how can you
get involved?
One way which is really interesting is a company which hires
people to find domain names for potential clients. In essence,
the way it works is that the client puts in the description of
their company and pays a $50 fee into an escrow account. One
of the consultants then goes out to try to find available domain
names for this client and lists dozens or possibly even hundreds
of possibilities.
If the client chooses to sign up for one of these domain names,
the $50 is withdrawn from the escrow account and the consultant
and the company share $25 for each of them. Given the volume
of requests, it's actually possible to make a full time living
doing this, though you may want to try starting up your own company
rather than getting in with an existing group (the vacancies
tend to fill up quickly since this is after a fairly easy job
to do).
How Much Can You Make?
It's impossible to quantify how much you can make doing this
because it's in essence a startup business. If you work hard
at it and do lots of SEO on your own website, you can easily
take in a nice full time living. If you prefer to simply do this
as a part time job, then that's possible too. This is what makes
this service so great - you can create your own fee structure
and your own rules.
Ways to Make More | Related Opportunities
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In addition to making money directly from clients whom you
may be offering to help find available domain names, you can
also offer ancillary services. So for example, you can offer
a service where people sign up their domain names through your
own affiliate service and you can even resell web hosting services
of your own to your potential clients when they find a domain
name they like.
Remember that the best domain names are short and easy to
remember. Ideally, you want to stick to no more than three words
and exact matches for keywords are generally a better choice
than the creative names (like Facebook or Flickr), though you
shouldn't discount the creative names as well. The key here is
to have your own customized system where you can guarantee payment
if you find a domain name that the person happens to like. Thus
you will need to spend the money for a software engineer to write
your website and arrange for an escrow service to hold the money
for you. Neither of these should be particularly expensive though.
Qualifications / Requirements
The only real qualification for this kind of work is that
you have a good imagination since the job of finding available
domain names can be a somewhat daunting one. Remember that you're
likely to be working in heavily saturated industries where people
have already scooped up all the really good domain names and
thus you'll have to be somewhat creative. It's also useful to
remember that virtually every domain name host on the planet
will offer their own automated suggestion engine, meaning that
you'll be relied upon to offer what machines can't offer - human
imagination.
First Steps
Start by getting a website put together where you can offer
your services to find available domain names. If you don't know
how to do this yourself, consider working with a site like Elance
or Guru.Com where you can hire a professional programmer. Then,
do a heavy amount of SEO (search engine optimization) to get
your website out there before the public so that you can make
money from it.
Resources
Check out these helpful resources to learn more about how
to find available domain names for money:
Venture Article: How to Make Money Selling Domain
Names -While this is an ancillary service, where you sell
names you've already registered, it has some useful ideas to
help you to sell your services finding available domain names.
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