Making money from domains is more commonly known as domaining, it’s the art of buying and selling domains. You can buy a new domain from a registrar if you think it’s able to generate its own type in traffic, this is pretty hard to do now days since most of the good names out there are all snatched up by other people, so your only other options are to buy an existing domain from someone else or from a domain aftermarket.

I’m going to give you some ideas and insights into how you can make money online and profit from the domain name game and I’m going to try and list out as many good resources an tools for you as I can find and let you know what I use when I do my domianing.

Making money from domains, what do I need to do?

1. Establish your budget
2. Search for domains within your budget
   1. Expired domains
   2. Registered domains
   3. Typo domains
3. Researching the domain
4. Purchasing the domain
5. Monetise the domain
   1. Parking
   2. Selling Traffic
   3. Affiliate Programs
6. Fast Start
7. Exit Strategy

Establish your budget

With any venture into making money, you will need to spend money. You can argue this point with me by saying you can do the work yourself for free, but doing the work yourself isn’t free, your time is worth money, if you were to spend the time working for someone else, you’d be charging for that time, so to start off you need to set your own personal time budget.

This is pretty easy, budget what you can afford, if you need to work 40hrs a week and your only free time is around 5 hours a week, then budget that amount of time, don’t budget 20hrs to domaining if you can’t afford it. Don’t quit your day job yet.

Why do you need a time budget? Because, searching and researching domains that you’re going to invest in can take tens of hours per domain.

You’re also going to need to set yourself a cash budget, how much can you afford to invest in this money making opportunity – without forgetting that you could just be throwing money away at a potential loss.

Be realistic with what you can afford, if it’s your first time I would suggest keeping your budget under $500, investing $300 to $500 should be able to get you a good domain or two to get you started, give you a feel of the whole domianing game.