- Big Money Methods
- Posts
- How To Make $1,000s With URL Flipping
How To Make $1,000s With URL Flipping
Image by Big Money Methods
TLDR (Too Long Didn’t Read)
Flipping URLs Is Like Flipping Houses…But Easier: Just like with a house, you can buy a URL and sell it for a higher price, capturing significant profits if the domain becomes valuable.
The Art of Finding Valuable URLs: Success in URL flipping hinges on identifying domains with high resale potential, aiming for shorter, memorable URLs despite higher initial costs, and keeping abreast of trends to snatch up promising domains early.
Registering and Holding Onto Your URL: It's crucial to choose a reliable domain registrar like Namecheap or GoDaddy for lower prices and additional features; remember, domain ownership requires periodic renewal fees.
Finding A Buyer: Selling a domain can be challenging; use tools like Domain Price Check for valuation, list your domains on platforms like Sedo and Afternic, and leverage social media and forums to increase visibility and attract buyers.
Flipping URLs Is Like Flipping Houses…But Easier
URL flipping is exactly what it sounds like. You buy a URL and sell it for a higher price.
However, there’s no fixing or renovating needed to increase the value.
You just buy a URL before anyone else thinks of it, and then when it becomes valuable you sell it.
Are you kinda being a troll by doing this? Sure. But can you also cash out big time? YES.
URLs like "CarInsurance.com" sold for a staggering $33.4 million, while "Voice.com" fetched a cool $30 million after being bought for just $5,000.
And there are even cheaper URLs you can buy if you’re quick enough to grab them before anyone else.
For example, you could buy a domain on a registrar like GoDaddy or NameCheap for as little as $10 a year.
Imagine turning $10 into $1,000 literally doing nothing? That’s the power of URL flipping.
But how do you find the high value URLs? And how do you get them cheap before they become valuable? We’ll uncover the basics behind URL flipping and how to get started.
The Art of Finding Valuable URLs
The foundation of successful URL flipping lies in identifying domains with high resale potential.
For example, if you traveled back in time and bought the URL “yeezy.com” before Kanye West became famous, it would probably be worth nothing since it’d essentially be a made up word at that time.
Then, in the future, Kanye would come knocking on your door demanding the URL, and you could probably charge him $1,000,000 for it.
However, if you don’t have a time machine, here’s what I’d suggest doing.
First of all, shorter domains reign supreme.
Not only do they have significantly higher click through rates, they’re also easier to remember and typically fetch higher prices for these reasons. Aim for URLs under 15 characters for optimal impact.
However, shorter URLs are not cheap to buy either, no matter how irrelevant they are.
Just look at this search I did for “123.com” using GoDaddy.
At first, GoDaddy told me that the value of 123.com was “too high to estimate”.
Then I scroll below to see that 123.xyz, an even more ridiculous URL, is worth at least $60k.
Image Courtesy Of GoDaddy
So shorter URLs will fetch the higher profit, but they’re also too expensive to buy…so what should you do?
Try to find undiscovered, medium length, low-cost URLs with high return potential.
This is the tricky part, but it’s the KEY to getting a cheap domain and selling it for 10x its value.
You sort of have to predict the future.
By staying up to date on trends and memes, for example, you could snag a URL before the rest of the world hears about it.
However, you’ll also want to sell these fast before they lose popularity. We’ll cover that next.
The topic of crypto currency is a good example.
If you were financially savvy enough to know about crypto before it became highly popularized, you could have invested in Bitcoin early on when it was cheap and also secured a bunch of lucrative URLs while you were at it.
Here are a few you could’ve bought for less than $10 each at the time:
buycrypto.com - now estimated at $946
cryptotips.com - now estimated at $1,341
crypto.com - now estimated at $120,000
(Note: You can use https://pc.domains/ to estimate domain value for free)
You can also try finding expired domains which can become treasure troves for URL flippers.
These are websites that may already have 1,000s of backlinks pointing to it, giving it a great SEO score.
These usually expire because someone forgot to renew with their registrar, or the owner simply stopped using the site.
Platforms like ExpiredDomains.net or NameJet specialize in listing expired domains.
Registering and Holding Onto Your URL
So you've identified a promising URL. Now comes the crucial step of securing your digital property.
Here's what you need to know about registering and holding onto your domain name:
A. Choosing Your Domain Registrar:
Domain registrars are the companies that act as intermediaries between you and the underlying domain name registry. This is where you buy your domains.
Namecheap, as its name suggests, has significantly cheaper rates for URLs. There’s also GoDaddy which offers additional features like domain privacy protection and bulk registration discounts
Keep this in mind though, owning a URL isn't a one time purchase.
Registration fees need to be renewed periodically, typically every year.
And if you own over 20 domains like I do, it can be a pretty big bill that seemingly pops out of nowhere.
Finding A Buyer
Identifying and buying a potentially lucrative domain should take you no more than 5 minutes.
But actually getting it sold is the hard part.
Meanwhile, those annual fees keep chipping away at your bank account, tempting you to simply give up your ownership instead of holding on to sell it.
So how do you sell a domain as quick as possible?
First, use Domain Price Check to find an estimated value of your domain. This will get you the most accurate number and increase chances of a sale.
However, if you KNOW for a fact through insider knowledge that your domain will be worth way more than the estimate says, then don’t trust the estimate.
Instead, research a similar site and see how much it’s worth, then base your price on that.
Now, it’s time to list your domain and attract buyers.
Start with the big ones, Sedo and Afternic. These are free services that will list your URL for buyers to find and place bids on.
Then, you’ll want to increase the amount of eyes on your URLs.
To optimize your domain listing and improve the likelihood of a sale, consider focusing on these two key strategies:
1. Optimize Your Listings: Enhance each of your domain listings by providing a clear, detailed description that highlights the domain's potential uses and value.
Consider the specific characteristics that make your domain attractive, such as its length, keyword relevance, or brandability.
Incorporate relevant keywords that potential buyers might use when searching for domain names. This will not only make your listing more searchable but also more appealing to those looking at it.
2. Utilize Social Media and Forums: Increase the exposure of your domain listings by sharing them on social media platforms and forums dedicated to domain trading.
Platforms like Twitter, LinkedIn, and Facebook can reach a wide audience, while niche forums like NamePros or DNForum are frequented by experienced domain buyers and sellers.
Engaging with these communities can provide valuable feedback and increase interest in your domains.
The BMM Takeaway
While a quick flip is possible, it requires luck, speed, and creativity. Most times, URL flipping becomes more of a marathon instead a sprint.
It can take weeks, months, or even years to find the right buyer willing to pay your asking price.
But don’t get discouraged if your domain doesn't sell overnight. The key is to identify URLs with long term value and be prepared to hold onto them until the right opportunity arises.
If you stick to medium length URLs that are around $10/year that you believe have high return potential, you might only end up paying $30 over 3 years and selling it for $1,000.
Imagine how much you could make once you crack the formula and start doing this at scale?