onewordonly said:
The main thing is to find out what sort of visitors are going there and offer them what they want.
Exactly, most important thing to determine first before even adding random content or random affiliate links.
With the right offer and this type of traffic it can really pay off!
Once determined, place a landing page on the domain that reflects the overall search behavior of your visitor.
1: Buy a simple hosting account.
2: Register with a CPA network like Copeac or AzoogleAds, etc
3: iFrame a zip or email submit offer, install a analytics code to track your incoming traffic, GetClicky.com for example. Watch the referrers...what kind of websites have referred them to your domain, the keywords used when visitors come in via the search engines.
4: Adjust your landing page offer accordingly.
5: Laugh all the way to the bank!