Thursday, March 27, 2008

General Pointers And Precautions Of Buying An Expired Web Domain

Copyright © 2008 John Khu

Consider the real value of the expired web domain: Let us say that you have an expired domain that is more than five years old and you have not been able to sell it at a higher price. Now, if you get an offer for that particular expired web domain, ensure that you are not bargaining too much with the prospective buyer. Before you want to reject the offer, just sit down and think about the following aspects:

a) What is the life of that domain and since how many days have you been holding it? b) How many offers did people make in the previous months? c) What was the highest offer? d) What is the level of frequency at which you receive your offer?

Note: If you own an expired web domain of four or more years old, you would better sell it off soon for a decent price. This will result in a fair deal for both you and your prospective buyer. Never be too greedy to dispose the domain for an unrealistic price.

Uncertainty of receiving consistent offers: Expired web domain business is a quiet and discrete event! An offer suggested by one buyer is entirely different from an offer made by other buyers. The market conditions always vary and change overnight, and the market condition of the day is entirely different from the one seen about a year back. Set a price for your expired web domain name and dispose it as soon as possible. Selling expired web domain is a marketing activity: There is a misconception among investors that people come flocking together to buy expired web domain names! It is not true! Selling expired domain is a marketing activity and you will need to develop the skills of selling in the ever competing market. You may wish to put a notice board saying that the domain name is for sale and interested parties can contact you, in case they are keen in buying the domain.

Providing contact details to prospective buyers: The most common mistake that investors commit is avoiding entering their contact details on the "Whois" database. Ensure that you enter your contact detail on the database, so that prospective buyers can contact you and buy the domain at a good price.

Every domain has its own price: Another mistake that people often commit is to pay a higher price for a particular expired web domain. Many investors assume that a particular domain name will have a great prospect of selling at a very higher price. But, this may not be always true! Ensure that you are paying enough attention, while assessing the real value of the expired domain; never ever, overpay for your expired domain.

Finally, trading in expired wed domain is a delicate act and a thoughtful exercise. Make sure that you learn about pitfalls of buying and selling expire domain names, so that you will not get trapped in the magical circle of expired web domains.


About the Author:
John Khu is the well-known author of a new e-book titled "Expired Domain Secret". He is also a seasoned professional with vast experience in expired domain name business. He is also the owner of the path breaking web site called www.expireddomainsecret.com which provides complete and up-to-date information on expired domains and their eternal secrets.


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Feature Article: Make the Leap to Home Based Business Success
Copyright © Stone Evans, The Home Biz Guy
http://www.PlugInProfitSite.com/main-21696

Before you can have a successful home based business, you must first possess 3 "intangibles." These are things that must come from WITHIN you.

 ===> Intangible 1 <===

First, you must have a strong WHY.

Why MUST you have a successful home business? What is driving you? What is it that you CAN'T have in your life anymore and/or what is it that you absolutely MUST HAVE now?

For me, I couldn't stand working 12+ hours a day anymore and missing the experience of my children growing up. I also absolutely HAD TO HAVE the freedom of being able to control my life and finances through a little box (laptop computer) that I could carry with me anywhere in the world and not be tied to anyone's time pressures or demands but my own. That was my carrot and my stick. I felt a great pain deep in my gut of missing out on my children's lives and the incredible freedom that succeeding in a home based business would provide for me. I found my why. You MUST find yours.

===> Intangible 2 <===

You must BELIEVE that it is possible.

If you don't believe that it's POSSIBLE for you to have a successful home based business or make your living from home, you won't. It's that simple.

For me, figuring out that it was possible was just a matter of realizing that many other people were ALREADY making great money working from home. If they could do it, I could too. It would just be a matter of figuring out what those people were doing and then adapting it to my situation.

There is no shortage of undeniable PROOF that people (millions of them) are making money working from home. Just get online and do some research and you'll find countless testimonials and stories of REAL PEOPLE making real money on the Internet. Or head to your local bookstore and you'll find the same documented evidence of this fact. Truth is, it's getting easier and easier to make money with your own home based business.

I've always said that "affiliate marketing" (a simple way to make money from home) is the job of the future. In the "old" days, you had to go to a potential employer, apply for the position and hope for the best. Now you can simply go to any company you want, fill out their affiliate application and start work immediately. Affiliates are the new working class. In fact, making money with affiliate programs or making your living on the Internet is WAY MORE than possible. It is pretty much (or will be soon enough) unavoidable now. Affiliate marketing is the "job" of the future that's already here TODAY.

===> Intangible 3 <===

You must be willing to MAKE THE LEAP.

Ready, FIRE, then aim... This is the operating philosophy you MUST adopt to succeed with a home based business.

That's backwards for most people who like to aim before they fire. The fact is that home based business success is a moving target... The only thing constant about it is change. You need to stop analyzing the game and simply jump into it. You can't learn from the outside... You have to be IN THE RING to truly understand it.

The lesson here is that you will never really be READY to start a home based business. You simply have to start one. It's like having children... You're never really ready, but when it happens you adapt and grow. This is what I call "Making the Leap."

The good news is that the cost of failure with having your own home based business is very small. In the "brick and mortar" world you need to evaluate things very carefully before you decide to open up a business. It's almost always necessary to invest thousands of dollars to get an offline business off the ground. However, on the Internet you can often start a successful business for less than $100. The Plug-In Profit Site is a great example of this: http://www.PlugInProfitSite.com/main-21696

You simply need get IN THE GAME... Each moment that you stay "out there," you're wasting valuable time that you could be learning and skills necessary to build a successful home based business. In fact, if you're not in the game yet, you're ALREADY behind the times. Make the leap to creating a successful home based business today!

About the Author:

Stone Evans, The Home Biz Guy has helped thousands of people in over 200 countries around the world start and run a successful home business. Discover 3 easy steps to start your own home business and subscribe to The Home Biz Guy's FREE Home Business Secrets Mini-Course at: http://www.PlugInProfitSite.com/main-21696

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