In make money online niche, most of the bloggers will tell you how to make money online with their secret tricks and techniques, but it is not going to be same over here. I most likely to be sharing how I make money online, it will be more on my personal experience with some solid proof. Frankly speaking, sometimes sharing experience is even better than teaching, it is truth!
Remember, there is no shortcut in making money online, every single cent we earn from the internet is exchanged with our time and effort. Bear in mind that only hard work pays off and you can see how I made my first $100 dollar online.
Alright, it’s story telling session and I’m going to share my personal experience on how I made money online by selling domain name, I didn’t get rich by selling domain name but it’s part of my overall online earning.
Where The Ideas Came From?
I have to rewind the time to 1.5 years ago, I used to read blog which is in my niche and see what other bloggers are doing, there is a top blogger who used to make money from affiliate program and also from various sources, he built a lot of websites in various niche and one of the top site he managed is a gaming related forum, it’s a forum about Starcraft 2. Anyway, he managed to push up the forum and become a semi-authority site which has quite a number of followers, it’s his strength and ability to do this.
One day, he published a blog post on his main blog and said that he got a buyer for the forum and he sold it, at a 5 figures amount. However, the Starcraft 2 forum was created before the actual launch by Blizzard, therefore he got an advantage by pushing up the selling price. There were a few advantages where he got point to highjack the selling price, such as exact domain name, pagerank, alexa rank and number of forumer. He also claimed that he made some money from the forum by selling affiliate products. Anyway, he deserved it.
I was thinking how am I going to duplicate his footstep and make some money from there, I went ahead and did some research on the same niche, basically the research was more on the keyword research and availability of domain name, ended up I managed to purchase 3 domain names which are in gaming niche, they have similar concept with the Starcraft 2 forum which the domain name is going to be a hit when the games launches.
Domain Names Sold!
After I purchased all 3 domain names, I didn’t develop them at all for 1.5 years, so there is no value for all of them even I sell them off. Anyway, I got nothing to do with them even though I keep them for years. At the mean time, Diablo 3 launched days ago and I decided to list it on Flippa for sale. I packed the Diablo 3 domain name and Starcraft 2 which are launched days ago together for sale, I got no idea how much that I could sell with these domain names and I simply priced it at $1,000 for both.
After a week, no bid at all and I lower the selling price to $500 for both. So you think I sold it after that? No, I didn’t make it. At the last day of the listing, Flippa mailed me and reminded me that the listing is going to be ended without any bid and buyer. There was no hope for the sale, so I simply lower down the price again to $200 for both and went off. After several hours, I opened my mail and Flippa emailed that the domain names were sold at $200, and I also received payment from the buyer! I quickly contacted the buyer and pushed both domain names to her.
I were unable to push the selling price of the domain name to 5 figures like the guy did since it was just purely domain name without any earning proof or traffic. Anyway, I didn’t get rich by selling these domain names, but I’m still able to make some money online by selling these. What I’m going to say is that I manage to proof that making money online by selling domain names is a legitimate way to make money online.
When it comes to make money online, never ever put all the eggs in one basket, if the basket falls and all eggs are gone. Therefore, you need to monetize your blog in various ways and sum up to a beautiful figure.
Did you make money online by selling domain name? Or how do you make money online?