With the beginning of internet, begins a new business and a new income source for many people including IT experts as well as non techies.Many people started to build their online properties and started to earn a living from it.Some started to build sites just for fun.
During this time,people started to reserve good domain names i.e websites address like google.com etc.Then there arrived different TLDs like .net and .org and many other.People started to buy good domains names from the owners and now it is a huge industry where thousands of domains are sold and registered daily.
Domain business-How to start:-
Now a days one can registered a domain within few seconds and for as low as $10 which is an average domain registration fees.Some time different domain registrars like godaddy gives discounts which sometime offer domains for as low as one cent.
Due to this reason people who buy and sell domain names register large number of domains daily.Many domains are expired daily and many are sold via auctions daily.
Here, in this you can register unregistered domain,buy domain from someone else,buy expired domain,buy domains in auction and then sell it.
The benefit of this business is that everyone can start it because it needs very low investment and also no experience.But there are always risks involved because it is a business and without good knowledge risks are always high.But if you are interested you can start this business today.
You can learn about domain business from many free and paid books.You can also follow blogs and discussion forums to learn from experts and from their experience.
If you want to start this business then my advice is to invest less in the beginning because you can have loss and it is better to loss less money to gain experience.
Another thing to keep in mind is that quality always win over quantity and same is the case with domaining.If you buy register large number of domains then it would be hard to sell all of them before the expiry date and you would loose that domains.Therefore it is better to buy few good domains at high price or buy some good domains with high page rank and high domain authority at domain auction.
To earn good from domaining you should know about the quality of domains and about the type of domains which are sold at high price and to learn that you must experience it.Therefore, if you are interested in this business start reading about it and start buying a few domains and try to sell it in less time even for less profit.This will enable you to understand things and you will learn things in short time.