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?
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?