If you are looking to make money buying domain names then before you purchase any domain name, you want to do a lot of research on what people are searching for on the internet. The way you make money buying domain names, is all about supply and demand, you are part of the supply but you need to know what people are demanding out there. One of the best ways to gather information as you try to make money buying domain names is doing a keyword analysis and seeing how many times a day people search for a certain type of web site. This will give you an idea on what kinds of domain names you are going to be looking for in an online domain name auction. The only way you make money buying domain names and doing anything else for that matter is to give your target market what they want. After having purchased your new domain name, immediately get a domain name appraisal, just to see where your price is at the moment and to give you an idea of what you need to do to get fair price for your domain. There are a lot of people that make money buying domain names and they do it just like I just told you. Always remember that knowing your target will help you hit it a lot closer and a lot faster.