There is Serious Cash to be Made at a Domain Name Auction |
| 10/24/2008 9:58:26 AM |
Many Americans are doing whatever it takes to stay solvent during this recession. Fortunately there is one type of investment that is likely succeed where others have failed, especially now that times are tough. Internet marketing is particularly lucrative when consumers are not buying because corporations are forced to spend more on advertising than they once did, and one of the places they promote their products and services is on websites. If you want to stay afloat during this fiscal crisis then perhaps you could make money buying domain names. Many websites host domain name auctions for those who are interested in buying them. Of course, some domain names are worth more than others. There are those that would bring in less than ten thousand dollars at a domain name auction, while others are worth millions. For example, if celebrity gossip blogger Perez Hilton got a domain name appraisal to asses the value his of his website I imagine it would be worth more money than most of us can dream of. Perez Hilton’s site gets several million hits every day, and he definitely makes a six digit salary just by allowing advertisers to publicize their wares to people who love celebrity gossip.
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