That is also possible? Yes!
Do you have a domain that you may not need at the moment, that is being converted or is even left over?
What do you do with it? The part costs money every month. But you don't want to quit yet either? Maybe she already has a PR or a particularly good one URLthat you could simply resell or rent out?
We have now discovered a fairly simple and effective way to do this.
First of all, let me explain what you can do with SEDO:
Domain parking
Think of domain parking like renting out land, but in the digital world. You buy a domain that is somehow interesting or eye-catching, and instead of building a website on it, you "park" it. Instead of grass, ads now grow on your domain, and every time someone clicks on it, the cash register rings.
How domain parking works
Think of domain parking like renting out land, but in the digital world. You buy a domain that is somehow interesting or eye-catching, and instead of building a website on it, you "park" it. Instead of grass, ads now grow on your domain, and every time someone clicks on it, the cash register rings.
First step: Finding the right domain
This is really crucial. You need a domain that's quirky, easy to remember or somehow sexy. For example, you buy a domain like "supercooleautos.com" because you think people will recognize it. URL in the search bar.
Second step: Select a parking service
There are special services such as Sedo, GoDaddy or Namecheap where you can park your domain. They fill your domain with ads and share the revenue with you. You can also place ads yourself, but this is a bit more complicated and more for professionals.
Third step: Traffic generate
Now comes the difficult part. Your domain has to be visited by people, otherwise you won't earn anything. This is where SEO or paid advertising comes into play. For example, you can Backlinks or share the domain in forums and on social media. The more people click on it, the more money you make.
Fourth step: Cashing in
A few weeks or months later, you can see whether things are going well. The income can vary, sometimes it's just a few euros, sometimes a little more. If things go well, you can even sell the domain later for more money. However, this is the exception rather than the rule.
Consider the costs
Domains and parking services cost money. You have to invest that before you get anything back. And remember, Not every domain becomes an ATM. Sometimes it works, sometimes it doesn't.
Conclusion: Domain parking can be a nice side income, but you shouldn't expect to get rich with it. It requires a good instinct for interesting domains, a bit of SEO knowledge and, of course, a bit of luck. So, ready for your domain empire?
Sell domain
Another option is to offer the domain for sale. You will then see a note on the page where the interested party can contact you. These settings are also very easy to make via Sedo.
But before you think you're going to get rich overnight, here are a few steps and tips on how best to go about it.
1. research, research, research! Before you buy anything, do your homework. Which domains are in demand? Which ones could be in demand in the future? For example: "vegancheese.com" could be interesting if you see that the vegan movement is growing.
2. buy domain Not all domains are the same. There are different top-level domains such as .com, .net, .org, etc. In general, .com domains are worth the most, but specialized domains like .tech can also be attractive, depending on trends and industries.
3. create SEDO account Now it's getting concrete. Create an account with SEDO and add your domain(s) for sale. You can set a fixed price or wait for offers. SEDO also has an auction function that you can use.
4. optimize your offers SEDO offers various features that you can use to make your offers more attractive. For example, you can set a minimum price or allow negotiations.
5. patience Now it's time to wait. Sometimes it can take weeks or months to find a buyer. Be patient and consider whether you want to adjust the price or take additional promotional measures.
6. sale and transfer If someone bites, SEDO takes care of the secure transfer of the money and the domain. Of course, SEDO takes a commission, but in return you have a secure and smooth process.
Costs and fees SEDO is not for free. The platform charges a sales commission, and it may also cost something to set up a domain. These are costs that you should plan for.
ConclusionDomain selling on SEDO is not a quick business, but if you do it right, you can make good money. The platform offers many opportunities for sales promotion and ensures a secure transfer. But it won't work without research and patience. So, ready to conquer the domain market?
Auction project
That is also possible. You offer your complete web project with contents for auction.
So you've set up a web project and are now thinking about selling it? Be aware that this is not just a matter of pressing a button, but a process that needs to be well thought out. But don't worry, I'll explain how and where you can best do this.
1. determine the value of your project Before you do anything, you need to determine the value of your web project. This includes monthly revenue, Trafficcosts, but also the value of the content and any customer lists. Some use the multiplier method to determine the value (e.g. monthly revenue x 24).
2. preparation of the data No serious buyer will believe you just like that. You have to back up your statements with Hard data underpin. So Analytics-reports, income reports, cost overviews, etc.
3. select platforms Now you need a place to offer your project. Here are some options:
- Flippa: One of the best-known platforms. Particularly suitable for smaller projects.
- Empire Flippers: Above all, profitable online businesses are traded here.
- SEDOYes, they also offer web projects, not just domains.
- Direct saleIf you have contacts in the industry, you can also aim for a direct sale.
4. sales process Now it gets serious. You post your project on the chosen platform, set a price and wait for offers. Be ready to provide further information and evidence.
5. negotiations and sale This may or may not happen quickly. Be prepared for negotiations. Once you have reached an agreement, it's time for the transfer. Contracts, safeguards and, if necessary, an escrow service (a service that ensures the transfer of money) are important here.
Costs and fees The platforms usually charge a fee for the sale. Plan for this.
ConclusionSelling a web project is a complex process that needs to be well prepared. Choosing the right platform is just one step. Without a good preparation of the data and a clear idea of the value of the project, it won't work. But if you take all this into account, you can achieve a good price. So, ready to take the big step?