Domain flipping is the practice of buying domain names at a low price and selling them for a profit. With the right strategy, you can turn domain trading into a lucrative business.
Step 1: Understand the Domain Flipping Market
A valuable domain name typically has these characteristics:
- Short and easy to remember
- Includes popular keywords (e.g., business, tech, finance)
- Uses common extensions (.com, .net, .org)
- Avoids numbers, hyphens, or trademarks
Step 2: Find Valuable Domain Names
You can acquire domains through:
- Expired Domains: Use platforms like ExpiredDomains.net or GoDaddy Auctions to find domains that have lapsed.
- New Domain Registrations: Buy brandable or keyword-rich domains from registrars like Namecheap or Google Domains.
- Buying from Others: Purchase undervalued domains from sellers and resell them at a higher price.
Step 3: Research Domain Value
Before purchasing a domain, evaluate its worth using tools like:
- Estibot.com (domain appraisal tool)
- GoDaddy Domain Appraisal
- Google Keyword Planner (to check search volume for keywords)
Step 4: Register or Acquire Domains
Use reliable registrars like:
- Namecheap
- GoDaddy
- Google Domains
- Dynadot
Step 5: List Your Domains for Sale
You can sell domains on platforms like:
- Domain Marketplaces: Flippa, Sedo, Afternic, DAN.com
- Auction Sites: GoDaddy Auctions, NameJet
- Direct Sales: Reach out to potential buyers (businesses, startups, or individuals)
Step 6: Price Your Domains Strategically
Set competitive prices by:
- Comparing similar domain sales
- Offering tiered pricing (e.g., $500–$10,000 based on demand)
- Using a “Buy Now” price or accepting offers
Step 7: Promote Your Domains
Increase visibility by:
- Listing on multiple platforms
- Creating a landing page for premium domains
- Reaching out to relevant businesses directly
Step 8: Secure the Sale and Get Paid
Use secure payment methods like:
- Escrow services (Escrow.com, Payoneer Escrow)
- PayPal (for small transactions)
- Direct bank transfers (for trusted buyers)