Domain parking for cash is a simple and effective way to earn a solid part time income. But don’t be fooled — it’s not that flat out easy.
What you may think when you see this post is that you just get to park your domain name somewhere and you will make
a boat load of cash. Not true — however, when done properly you certainly can park your name – somewhere – and make
a reasonable profit from a consisten flow of visitors seeking valuable content that you provide.
Do More Than Just Register Domain Names
Many of you own domain names that are just sitting with a domain name registrar. Every time someone types your domain name in the url — your domain name registrar gets free advertisement, free traffic and potentially new signups. And what do you get? NOTHING, they don’t compensate you for the referral — not even with a thank you.
Why should your registrar get that referral everytime. Why should’nt you profit from the traffic of that domain name?
After-all, you are the one that was bright enough to select that name and you already paid them for the use of their
registration tool.
If you are just domain name parking with them, why don’t you create a business out of your existing portfolio of domain names?
Great domain names to consider for a domain name parking business are:
1. Underperforming web domain names.
2. Domain properties that you are not ready to build out yet.
3. Domains that you are ready to sell for what ever reason.
4. Domain names that made good sense when you picked and no sense now.
5. Domain names that you thought were good names until you started following this blog and now you realize now – hmmm…. not so much.
Things To Consider When Selecting A Parking Strategy
Before deciding on whether you are going to park that domain name — think about this.
1. Do you have any real plans for the name within the next 60 days?
2. How often are people searching for these names — can you get someone to buy the name from you with little to no
traffic and at what price?
3. Do you see any long term potential for the name — say 3-5+ years from now.
4. How long have you had the name and have done nothing with it.
5. Can you stand to make an additional few hundred dollars a month per domain name?
As you can see with the questions — the types of answers that would clue you in that domain parking is the best course
of action is that you are doing nothing, and have really no plans for the name. And of course, making a few extra
hundred dollars a month is a good thing.
If those characteristics hold true, then your underperforming domain name may be a good candidate for a parked site.
What Exactly Is Domain Parking?
Basically, domain parking is where you will have a domain names that includes a content rich website that brings quality
information to your visitor while providing you with a few extra dollars for the trouble. Domain parked websites should
be fairly easy to build out and should not require the efforts a full blown website, but it shouldnt be just a junk site
with no relevance either.
Today, there are a lots of parked sites out there. Each parked site has something different to offer based on whether
the site is parked by the registrar, owner of the site or with a “established domain parking company”.
We coverered sites that are parked with the registrar earlier.
What about sites that are parked by the owner and the owner has chosen to — throw up — a few lines of information and call it a day. That’s not pretty or a good idea. Remember, true profit from a parked site comes from providing your sites visitors with good content whether that is downloads, articles, references, business listings, reviews, music, stores,
audio, video, interviews, coupons and so much more.
And with that said, there are some owner parked sites that are doing all of that above and then some.
Then there are the parked sites that are made available through some very good and some very not so good domain parking companies. This is not designed to be a review of any of those services, because often times when you can find 10 people who love the service, you can find 10 more who hate it. This is America — everything seems to be 50/50.
But I digress…
Domain Parking Companies To Consider
1. WhyPark – my personal favorite, great payouts, may have trouble with consistent indexing by Google, but as of this writing, I have not experienced that problem yet. They have lots of automated tools, good content, and helpful customer service… I mean really what more can you ask for.
2. Google Parking Domain Service – a decent advantage here because Google is less likely to discontinue your indexed site
once they’ve indexed it. BUT with Google — you just never know.
3. Sedo – More of a do it yourselfer, but well worth the effort because of it’s flexibility and resale market.
4. DevHub – low payouts, but may not have as much trouble with Google indexing. Jury out on that
For sure if there is anyone out there that has a particular experience with any one of these services, let us know. A
community that stays together, gets paid together.
With respect to your time, I will hit on the highlights of my favorite — WhyPark.
With WhyPark you can set a really “nice looking” template site with article content, nice graphics,
and ad links and all within 3 minutes. For real — I tested it.
Once that’s up, you can take it a step further and install money making apps.
WhyPark has 14 DomainApps installs that will help you to provide robust, in-depth content while providing your site with
deeper levels of monetization options.
It comes with analytics, revenue monitoring, and many other features that will really blow your mind away.
And if that wasn’t enough — all of that is in there “free” standard plan. I literally started making money within 2 days
of putting up my first standard plan domain parking site. 2 days — that has never happened for me before.
What Else Do You Get?
In addition to all of that, you can order custom services. Those services are really nominal, but will take your
parked name to a whole other level.
There is an option for advanced domain name parking by purchasing there Enhanced or Managed plan at $10/month and
$25/month respectively. Just for clarity, that is $10/month or $25/month for all of the domain names you have parked
with them — not each domain.
That is even worth it when you think about the level of support and discount on additional services that you will get
for the advanced domain name parking service.
If done properly your non money-making domains can start bringing you in a few hundred dollars a month and all you are
paying is $25/month for all of them. There has to be some cost to doing business. I think we can all agree, it can’t
get smaller than that.
Anyway, better than me continuously telling you about it, go visit them and give it a try it’s free.
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