Tuesday 21 February 2017

What is Domain Flipping and how can i make money out of it?

Hello everyone today, i am gonna discuss about something called as "Domain Flipping". So, what is it and how you can make money out of it? So, if you are interested in making money online then this post is for you.

Well, we all know about domain name and how they work. Every website has domain name like Google.com, yahoo.com, facebook.com so, these are some famous domains over the internet. Let's take one example like "http://www.cnet.com/content/report//data/index.html" so, here "www.cnet.com" is the address or domain name of the host computer and "/content/report/data/index.html" is path of the file. Also note that when a web address ends with slash (/) like "http://www.apple.com/" and not end with .html or .php extension then the web server typically default to a file in current directory named "index.html" or "index.php". So, in that case if we type in url bar of our browser as "http://www.apple.com/" or "http://www.apple.com/index.html" then we will get the same web page in both cases.


Well, coming back to domain flipping so,we know that we can purchase any domain name if it is not reserved by anyone else previously. So, if we purchase a domain with name as say "http://www.studymatterial.com". So, now this domain name is purchased by us and suppose, we register this domain name for selling in any domain selling website like https://in.godaddy.com/ , https://flippa.com/ ,etc now, suppose after some times if, anyone wants to start a website with the same domain name which is owned by us i.e" http://www.studymatterial.com" so, if he tries to buy that domain name then he will see that the domain name is already owned by someone else so, he will then contact us to sell domain name to him then if we have purchased that domain name with say 200 rs only then we can demand an amount of 200000 rs even to him and he will have to give that amount to us because say, he wanna start a company which will sell study material to it's visitor and thus website of his company must be similar with that profession so, it may be similar with the name of our domain and thus he will have to buy that domain in order to enhance his business by enhancing the traffic on both website of the company as well as to his company too.
So, that's how you can make money by just purchasing a domain name which you think can be in demand by someone in future and the sell that domain with an amount may be 10 to 100 times more than the cost price of domain and this is called "DOMAIN FLIPPING".
So, guys that's it for today, we will be back soon with another technical aspect.

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