Would this business model actually work?

[horusprim]

Some time ago I read about a simple business model to profit buying and selling domain names. It sounded to good to be true so I never tried it. Nonetheless, here is the method:

1. Find domains you can buy for $5 to $10.
2. Make sure domains relate to a competitive niche like finance, insurance, health, poker, etc.
3. Domains must be aged a minimum of 13 years.
3. Buy domains and resell at $60 a pop at various domain marketplaces around the web.

Supposedly these domain names are valuable to SEO's. because of their age and keyword relevance.

Could such a plan work? Why and why not?

 

[ProvenPro]

Getting decent, aged domains at $5 or $10 is the hard part. There's a reason people have no problem paying the $60 a pop when one becomes available. Why care what anyone here has to say? Try it yourself and see if it works for you. Nothing ventured, nothing gained.

 

[biggie]

Some time ago I read about a simple business model to profit buying and selling domain names. It sounded to good to be true so I never tried it.

where did you find this model?

 

[doc24]

Good Luck

 

[briguy]

3. Domains must be aged a minimum of 13 years.

Why not five years, eight years..
Why $5 to $10..why not $5 to $50?
Do you renew the domains that you can't sell..
Do you develope backlinks to add value..
Do you park these domain..
Etc..

That business model is too basic but not a bad one to work with and tweak to your style of buying/selling (flipping)

Kinda of reminds me of flipping houses..
Find a house..fix it up..flip house..< there is more to it than that

 

[tomcarl]

By the time you sell 30 domains for $60/each and make $1800, one of your buyers are going to sell the domain they bought off of you for $3000 a week later.

This business is funny like that.

 

[trp3]

By the time you sell 30 domains for $60/each and make $1800, one of your buyers are going to sell the domain they bought off of you for $3000 a week later.

This business is funny like that.

Well, there are always advantages and disadvantages taking the safe or the risky part.

 

[Kate]

Finding domains is time-consuming.
Listing them is time-consuming.
Handling sales is time-consuming.
You have to make your time worthwhile.

I think this is not a real business model, but a model for new domainers who want to get their feet wet. After flipping a few domains to other domainers they will naturally want to move up the ladder.

 

[horusprim]

where did you find this model?

anticareer dot com/how-to-make-a-guaranteed-10-a-day-with-domain-names/

 

[Arca]

anticareer dot com/how-to-make-a-guaranteed-10-a-day-with-domain-names/

The author of that article has not even tried this business model himself. He just saw someone on a forum flipping GD Closeout domains for $65, and then just guessed that the seller must have flipped a domain every 1-2 days, and that by flipping GD closeout names on forums you can “Make a Guaranteed $10 a Day”.

 

[Weber]

Lol. This is the drop catcher model.
However, you are the one that's going to pay the $60 (or $79+)

 

[rahul page]

its hard to say well your model is different