Now, if you've done some research you can still think up your own. Or, maybe you have the inside scoop on some very new trend that has something to do with your interests. This can be a line of investigation that is quite profitable. The more you are familiar with a specific industry, the more likelihood you will be able to create some domain names that appeal to somebody who wants to buy it.
Most people have some degree of familiarity with commercial ventures. If you work in a bank, you probably know what the popular finance terms are and what products people are most interested in buying at particular time periods. This is also important.
You want to create the domain name when it has the strength and fascination to sell. For instance, right now many people might be more interested in reverse mortgages as the baby boomers retire.
If you were a mortgage loan officer, you probably know all the lingo and what products can appeal to these customers. By default, they will also be the same terms that appeal to the buyer of a domain name.
So, it doesn't even matter if you are having trouble making ends meet because of the housing collapse story, that reservoir of knowledge you built up can be very valuable in helping you restructure your knowledge base so it still makes you money.
Use what you know and follow the trends. That's really all there is to it. Some weeks some types of domains are hot and others are not. Not every domain name will sell when you auction it, so you have to be persistent.
It's a volume game and you can't get emotionally attached to finding the "perfect" name or trying to make a big kill in one area. The safest way to make money in domain names is to treat it like a business. The domain names are not your babies; they are a product used to generate revenue.
So, don't waste too much time trying to be clever and find that big scoring domain name. Odds are, if it happens, it will hit you like a tripped wire as you innocently make toast or something.
Most people have some degree of familiarity with commercial ventures. If you work in a bank, you probably know what the popular finance terms are and what products people are most interested in buying at particular time periods. This is also important.
You want to create the domain name when it has the strength and fascination to sell. For instance, right now many people might be more interested in reverse mortgages as the baby boomers retire.
If you were a mortgage loan officer, you probably know all the lingo and what products can appeal to these customers. By default, they will also be the same terms that appeal to the buyer of a domain name.
So, it doesn't even matter if you are having trouble making ends meet because of the housing collapse story, that reservoir of knowledge you built up can be very valuable in helping you restructure your knowledge base so it still makes you money.
Use what you know and follow the trends. That's really all there is to it. Some weeks some types of domains are hot and others are not. Not every domain name will sell when you auction it, so you have to be persistent.
It's a volume game and you can't get emotionally attached to finding the "perfect" name or trying to make a big kill in one area. The safest way to make money in domain names is to treat it like a business. The domain names are not your babies; they are a product used to generate revenue.
So, don't waste too much time trying to be clever and find that big scoring domain name. Odds are, if it happens, it will hit you like a tripped wire as you innocently make toast or something.
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