Find right Domain Name
1. Do the research:
You will want to get a feel of what's selling on the market and for how much. Check out prominent domain resale and discussion sites such as DomainState & Namepros for a start. I found this this forum thread on Namepros to be particularly useful as it serves as a compilation of names members have actually sold, with their respective amounts.
2. Pick the name:
When deciding on the name you want to pick keep in mind these tips:
- Keep the name short and simple. Use as few words as possible
- Do not use separators in the domain name
- Buy the generic product category names
- Buy a .com whenever possible
- Don't infringe another company's trademarks
Looking to buy candy? Type in Candy.com, a name Rick Schwartz bought in May 2002 for USD$108,000. A page filled with links to candy-related products comes up. Click on one of the ads and the advertiser pays Google, which in turn sends a share to Schwartz and the company that runs Candy.com. Some days Candy.com makes Schwartz USD$300 in profits; the site paid for itself in a year and a half.
