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GAF

Sunday, February 17, 2008

BE A MILLIONARY WITH ONLY $7

Most of us want to be a millionary.But how many people achieve this ?Even if resourceful knowledgeous persons are not able to do so.Because they don't utilise their knowledge perfectly to earn such a huge amount of money.So in life right steps & right methods should be adopted to earn money.One of the best methods to earn huge money through internet is by selling domain names.It requires very less investment starting from just $6 & requires a very little knowledge on internet.According to DN Journal, last week a domain name candy.com was sold at $2 million. It may not sound good to be believed but you will have to believe it.Because its true.

What is a domain name ? The website address that you typed in the address bar of the web browser with a prefix of http://www is a domain name.For example in www.google.com , google.com is the domain name. Domain names have different extensions like com,org,net etc.If you have a good domain name & you are not using it,then you can sell it at a very good price, even at a much more price than your purchase price.If you own a very nice domain name which has a very high demand in the market, you can sell it in millions too.Now the question is how to do this business ?
The first step in domain name selling is to choose a unique,easily memorable & a short domain name.Then you will have to registered the name through an ICANN accredited registrar.ICANN (Internet Corporation for Assigned Names & Numbers) is a non-profit organisation under US department of commerce, which is completely responsible for managing & coordinating domain names in the internet world. There are a lot of scams in the domain name buying & selling business.So don't attract towards the beautiful offers in many websites.Before registering your domain names,check that the company is a ICANN accredited registrar or not.Some of the ICANN registrars are godaddy.com,domainbank.com.You can register your domain name through these sites.You can register it at price ranging from $6-$ 30 per year.Before registering,you can check whether the domain name is already registered by any one or not by using WHOIS application on these sites.You are free to registered as many sites as you can.Then you can sell your domain name at a price depending upon the demand of your domain name.Normally the sell price of domain name is very much more than that of its purchase price.So there is a huge profit.You can sell domain names at sedo.com or at similar other domain broker sites.The main advantage in domain selling business is its very low investments & very high profit.

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