"The more I want to get something done, the less I call it work."Richard Bach
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| The Three Magic Letters That Can Lead to Unlimited Wealth -
Back in the 1980s buying and selling real estate was all the rage. Every TV channel carried late night infomercials about the ease of making money by using other peoples money to buy homes at a low price and then resell them quickly for profit. And they always reminded you that it’s about location, location, location. Well, in the new millennium, there’s no faster way of making money than by buying and selling VRE – virtual real estate – domain names. And best of all, you don’t have to worry about having to make huge investments, worrying about mortgage payments until you sell your property, or even being concerned with having to deal with fixer uppers.
An average domain name can be purchased for less than ten dollars and be resold for several hundred dollars within a few days. Each and every day people are buying and selling domain names through domain name registries, auction houses and brokerages just like stock and bonds.
But unlike investing in Wall Street and the Dow Jones, the average investor can earn huge multiples on the sale of a single domain. In fact, it’s not unusual to see a single domain that was purchased for $6.95 one day to sell for $2,000.00 or more the next day.
In 2007, industry experts have stated that the domain name industry is approaching a $2 billion market. Even more staggering is that these experts claim the industry value will grow to over $4 billion by the year 2010!
Domain name speculation is becoming more than a hobby for some. Canadian entrepreneur and domain name expert, Kevin Ham, began collecting domain names several years ago and has since grown his portfolio of 300,000 domain names into a $300 million empire. Earning an average of $70 million every month, Ham has become the master of the game.
“Domain Flipping” has become a tremendously popular way of earning money. Everyday people are buying and selling domain names they think will have strong commercial appeal. Sometimes domains have just the right sound, sometimes they have consistent traffic, and others have great content and products. The key is to find a good name and move on it … before someone else does.
So just like real estate was the boon of the 1980’s, it’s likely that smart investors wi ll diversify their investment portfolios to include things such as domain names in the year’s ahead. -- Ed Aslinger --
http://www.domainsintodollars.com/aff/844
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Copyright 2005 Glen Snethun
Do you have a detailed plan in place to market your home-based Internet business? How about a strategy that will work for your budget? Do you know where to start?
If not, read on. This article is an Internet marketing resource that you will find invaluable. It is a free Internet marketing guide.
Five questions you need to ask yourself:
1) Who is my target customer?
2) What is my budget?
3) Where will I find my customers?
4) Why do they need my product or service?
5) How quickly do I want results?
Your budget will probably be the most significant factor in determining your Internet marketing program.
Organic marketing is definitely the cheapest. Organic marketing is getting people to your site to purchase without paying for advertising. It is; however, more time consuming and takes longer to see results. This strategy will be discussed in more detail in my next article.
If your budget is more extensive, you can obtain results quickly through strategies, such as Pay Per Click, which will also be discussed at a later date.
Get your groundwork done first.whatever way you choose to market! First, determine the customer you want to attract. Who are they? Focusing on a certain "kind" of customer will greatly improve your chances of exposing them to your business. You have to know where your potential customer is looking so you can be there too.staring them in the face.
Next, give thought to why someone would require your service or product. That will give you clues about what keywords they will enter and what sites they hang out on. Then you can decide, for example, if you'd like to advertise on those sites. You can also make your website keyword rich.
Whoever puts forth the most effort in planning and executing their Internet marketing campaign WINS! It's just that easy. The businesses that are most visible get the most paying customers. We witness the same concept with successful "brick and mortar" businesses who are marketing geniuses. Why would an Internet business be any different?
Answer the 5 questions above and join me next week as I discuss organic marketing as an option to paid advertising. It promises to be gooood!
About the author:
Glen Snethun is a full-time Internet businessman: stock trader, author and coach. Glen dedicates his time to showing others how to create multiple streams of income using the Internet. Get ideas from Glen at http://www.glensnethun.org
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NASA tests "deep space Internet" (AFP via Yahoo! News)
The US space agency NASA said it successfuly conducted a first test of a deep space communications network modeled on the Internet.
Spanish regulator in talks with EU about Internet access (International Herald Tribune)
The European Commission had warned the CMT over its plan not to oblige Telefónica to offer rivals wholesale Internet access through its new high-speed network at regulated prices.
Malaysia among top five with Internet access in Asia Pacific (The New Straits Times)
Malaysia, New Zealand, Japan, South Korea and Singapore are the most connected countries in the Asia Pacific region, with 55 per cent to 80 per cent of their populations having access to the Internet by 2007.
Internet retail sales up 1 percent last month (AP via Yahoo! Finance)
Internet retail sales rose only 1 percent in October, marking the lowest growth rate since 2001, digital technology monitoring company ComScore Inc. said Tuesday.
Nasa tests interplanetary internet (VNU Net via Yahoo! UK & Ireland News)
Nasa has announced that it has successfully tested what it calls its Interplanetary Internet, a communications system for use in space.
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