Flipping Your Way To Online Entrepreneurial SuccessOne of the better known expired domain business models is domain flipping. Domain flipping is a procedure of converting the monetary value of an expired domain by transforming the face of the domain. Transforming the face of the domain means adding a premium value to your domains expired. In essence, commercial meaning of domain flipping is buying domains at very low prices and later selling them at higher rates to make a neat profit. An expired domain by itself is of little use unless you have an absolute gem in your hand. A raw expired domain may fetch as low as $50 and this may not yield you very good profits. However, flipped domains are absolute stunners with their abilities to provide you profits in excess of 200 to 400%!
Domain flipping needs you to work on expired domains in an extensive manner. It needs your personal time energy and a little bit of capital as well. You may need to work hard enough to make an ordinary domain into something that is special and attractive. Here are some of those methods that can help you flip your expired domains:
a) Install a blog or forum or even a message board with a catchy and meaningful theme. This procedure is actually very simple and works out for everyone who has very little knowledge of internet. Installing a blog like Wordpress blog is very simple and you can have it set up within hours. Web pages with pre-installed blogs can fetch lots of money and plenty of profits. Bulletin boards, forums and message boards are those nice utilities that add immense value to your expired domains.
b) Promote links and their popularity: Most of the expired domains sold come with very low volume of incoming links and old traffic. However, you may find odd expired domains with lots of links and traffic attached to them. If you do not have any links or traffic with your domains, you may wish to accumulate them by buying commercially available traffic and links or by developing a content rich web site. If you are using a new web site built over an expired domain, promoting it by using a PPC program is the best idea. Another practical idea is to use the power of affiliate marketing to create links and traffic.
c) AdSense Monetization: Google provides an amazing utility called AdSense to promote content rich web layouts. Adding AdSense units on your web sites may add a premium value.
d) Content is King: Small niche sites and blog layouts are the most useful utilities that can add value to your expired domains. Domain flipping becomes very easy with these types of sites. Keyword enriched web pages can be invaluable to your expired domain business. It is also possible to leave backlinks in your content so that you can cajole site visitors to take a look at your other websites.
Whatever you do and whichever the method you use, just make sure that you are promoting your flipped domains by using forums, boards, article submission centers and auction sites like eBay and Afternic.