How To Find Easily Acquirable Domain Names
A domain name that is correct for your brand can help you outshine your competitors and improve its reputation. High-competitive domain names can be sold for hundreds of millions of dollars. First, learn how to search for readily available domain names.
You probably do not have the budget or time to deal with such extravagant deals if you want to acquire solid domains to support your business ideas.
How can you easily find domain names that are available for purchase?
Domain name resale - The basics
A domain registrar is the best way to buy a domain. This approach allows you to develop a domain idea, search for it, find variations, and determine if those domain names are available.
It is possible to offer the domain name to someone else, but if they are unwilling to sell, it may not be worth their time.
An auction site or a similar resale site for domain names may be better. You can sell and buy domain names here in the same way as you would on eBay or similar auction sites. You can also find amazing deals on hidden treasures, like at a flea market or online auction.
How to quickly acquire domain names
What are the steps to easily acquire low-cost domain names that can be easily acquired? The first step is to choose the right domain name resale portal. IntentJet’s domain auction is an excellent place to start.
Be aware of expired domains.
Domains that have naturally expired will usually be returned to the registry and made available for purchase again. Domain sellers are often aware of the imminent expiration and are motivated to make some money so they don’t lose the asset.
This is a mutually beneficial opportunity. Domain owners with domains about to expire have one last chance at making a profit or covering their expenses. Domain buyers can get an excellent deal for a good domain name. Be on the lookout for expired domains and make an offer.
Don't believe the hype
As in all markets, the demand dictates price. In the domain buying world, trends are constantly changing. This artificially and temporarily increases the perceived value for certain domain types.
Be sure to invest in evergreen assets that are resilient to changing trends and will continue to be profitable.
While it is alluring to jump on the trend and profit from whatever is happening in the zeitgeist world, it is better to concentrate on long-term investments that will be valuable no matter the trends or how fast they change. You might end up paying enormous for domains that won’t be in use for long.
Use domain monitoring
IntentJet offers domain monitoring services, enabling you to track price fluctuations and trends for dozens of domains simultaneously. This makes it easier to conduct research and helps you decide when and how much to spend.
Make an Offer (and be ready to negotiate)
Don’t be discouraged if you find a domain that you like but is too expensive for your investment goals or budget.
Be prepared to negotiate if you make an offer.
You can offer the seller a fair price and converse with them. They might be open to your offer.
Compare and Contrast
You might be tempted to buy a domain that you like at a great price. However, it is better to compare prices before you make a decision. What are the selling prices of similar domains? What have been the historical fluctuations in prices for equal parts over time? Is there a domain that is better than this?
Building a Domain Portfolio
These strategies can build a complete domain portfolio to maximize your potential profit.
Select your approach
There are many ways to manage your domain portfolio. Some prefer the traditional buy-and-hold strategy. This involves choosing domain names that will increase in value over time.
This could be the great approach for you if you are tolerant of low risks and prefer long-term investments.
Others prefer to flip domains in the same way that they would flip houses. This involves buying cheap domains and reselling them as quickly as possible to make a profit. Although this is more risky and difficult, it can yield higher payouts. These strategies can be combined to do a bit of each.
Value
Whatever your method, the main priority should always be value. Do not pay more for domains than you believe they are worth. Also, be aware of specializations that may be undervalued. Although it can be difficult to determine value as an amateur, you will need to learn this skill if your goal is to succeed.
Diversify investments
Diversifying your portfolio is the best piece of investment advice you can get. This applies to your domain portfolio as well. Invest in multiple domain types if you want to reduce your risk and maximize your potential returns.
Learn, improve, and study
Domain investing is a vast field with many lessons to be learned. Don’t get complacent. To improve your skills, read, network, practice, and continue to learn.
It isn’t easy to make money by investing in domain names. This requires a lot of research and experience.
If you are willing to study these strategies and look for low-hanging fruits, you may find excellent domain name deals and eventually make a decent profit.