New to Domain Business

[anokhael]

I am new in Domain Business. Please suggest me how to start this business and how to buy domains....What are the pros and cons? How much money should be in my pocket...

 

[lothos]

before you buy any domains, read, read, read. check out the forum here for info before you waste money.

 

[Alex P]

before you buy any domains, read, read, read. check out the forum here for info before you waste money.

Agreed, but idd say if you can afford it reg a few you think are good domains and try sell them, I learn best by doing and for $40 you can learn a hella lot.

 

[MrDomainBroker]

I am new in Domain Business. Please suggest me how to start this business and how to buy domains....What are the pros and cons? How much money should be in my pocket...

Apart from acting as a broker , I also teach beginners on how to find domains....sell domains etc .....Here are the details of my basic starter course if it should interest you.....Domain Sales Video Guide

I also have custom software for the more experienced domainer..if you need it at a later date.

Hope that might help..

 

[Entrepreneur888]

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I am new in Domain Business. Please suggest me how to start this business and how to buy domains....What are the pros and cons? How much money should be in my pocket...

Spend your time reading before you start buying domains, there's an excellent 150 tip post somewhere in here that can get you started,

stick to .com's until you get the hang of things,

be wary of TM or trademarked names, these are namebrands and companies such as google, microsoft, and such, these companies actively protect their brands and just because you find the domain microsoftsoftware.com
free you should not bother registering it. There is a reason these hugely searched TM names are not registered.

If you are planning to develop the domains into websites for adsense or other revenue you will have a different criteria when selecting domain names, be aware not everyone has the same set of criteria.

Also with tools such as Estibot remember as excellent as they are they are only a wide judgment of the value of the domain. They could be over or under huge, the value is in the eye of the beholder.

As for how much money do you need to get started, that is really up to you, and what you are planning to do with the domains you are buying ie parking/developing/flipping/end user sales.

Spend some time here, learn the rules of the forum, learn about NP and rep, in my experience domainers are a great group of people, more friendly and helpful than most.

Best of Luck,

JR

Domaining is a mixture of Luck, Passion, Skill, and Addiction