Junglist101
Established Member
- Impact
- 158
So I've been heavily studying domaining for nearly 2 weeks now, and have a good grasp on what makes a domain worth while, and how to look into the background of expired domains or pre-owned domains before purchasing. However, I have a question about auctions.
How is it possible to purchase a domain on a market place such as Godaddy, Sedo, Flippa etc, and then sell that very same domain on a similar market place for a profit? I understand the idea is to firstly find a healthy and attractive domain, and then grab it for a good price, but wouldn't it sell for a similar price when you come to sell it again? I'm aware that you can build an actual website around that domain to increase traffic and thus worth, but for beginners who are starting out learning the ropes, trying to flip domains for under $200, how does this even work?
Thanks in advance
How is it possible to purchase a domain on a market place such as Godaddy, Sedo, Flippa etc, and then sell that very same domain on a similar market place for a profit? I understand the idea is to firstly find a healthy and attractive domain, and then grab it for a good price, but wouldn't it sell for a similar price when you come to sell it again? I'm aware that you can build an actual website around that domain to increase traffic and thus worth, but for beginners who are starting out learning the ropes, trying to flip domains for under $200, how does this even work?
Thanks in advance