Domain Profits Conclusion: Final Words
When registering a lot of domain names, it’s wise to use coupons that will save you a few bucks on the registration process. It will quickly add up to thousands of dollars in savings.
One of the best sources for current coupons and discounts can be found at http://www.RetailMeNot.com/
Just enter in the domain registrar that you are planning to register your domains with, and RetailMeNot will search its database to determine whether there are existing coupons available.
I have always found discounts on GoDaddy.com and NameCheap.com just by browsing RetailMeNot, and for the most part, many of these coupons never seem to expire, and those that do are quickly replaced with fresh offers, so be sure to make a habit of checking for coupons prior to registering your domains.
Another important thing to keep in mind is that with many registrars, you are not permitted to transfer domain names to another registrar for a period of time, even if you are unhappy with their service.
In the case of GoDaddy, you are allowed to push domains to your customers instantly, but are unable to transfer domains from GoDaddy to another domain registration service for a period of 60 days, so keep this in mind
when selecting your chosen provider.
If you are just getting started in domaining, you might want a second opinion on the domain names you are considering purchasing.
Many new domain vendors will post their intended domains on domain-based forums, such as www.namepros.com asking for evaluations and advice.
While this can be extremely helpful, be careful with listing domains that you have yet to purchase, as it just might end up registered by someone else viewing the forum and seeing value in your domain.
You can however, post domains that you have already registered if you are looking for advice on what price to list it at, or what starting bid to accept on online auction sites.
There are many helpful domain communities online available to help you get started on the right foot.
Take advantage of this opportunity by being active within these circles and helping others as you become more experienced yourself.
There is yet another reason to participate in domain-based forums, and that is to be able to purchase affordable domain names that can be sold on other
Most domain-based forums, such as NamePros.com, www.DomainState.com and DNForum.com categorize their domain sales into different groups, such as “Domain Auctions”, where interested parties can bid on domain
“Domain Fixed Price”, where domain names are sold at specific rates and the first one to pay the requested price claims it, as well as “Domain Offers”, where domain holders are requesting offers on their portfolio of domain names, most of which may take place privately.
And finally, be careful when purchasing domain names from forums where the price just seems too good to be true. Often times, vendors will sell domains after they have been banned by Google (for breach of terms, including falsifying page rank, participating in link farms, breaking Adsense terms of service, etc).
To your domain flipping success!