Sunday, 28 April 2013

Understanding the Process of Buying an Expired Web Domain Name

By Jewell Daignault


Nowadays, it appears that virtually everyone is jostling to buy expired web domain names to take advantage of the power of high levels of website traffic. Web experts and online professionals buy expired domain names for personal use or purchase a significant amount of traffic from others who run a web-based business. The main idea is purchasing expired domain names that have an existing traffic flowing into them. The amount of traffic could vary from a couple of visitors to thousands per day.

Once a web domain name expires, it is not immediately deleted, it doesn't really expire on the expiration date. It must go through certain stages before it can be made available for a new registration. The initial stage is a 40-day grace period, during which the owner can renew the domain at the regular renewal price. The next stage is the redemption period wherein the owner can still renew the domain but at an additional cost. Finally, the domain name enters the five-day deletion period, and on the last day the domain name will be made available for public purchase.

You need to spend time studying your options and everything you need to know about the market. Unlike before when expired web domain names were in plentiful supply, it has now evolved into a fiercely sought after market and the tools employed to conduct research and nabbing of the expired names is becoming more complex. Another thing that you will need is a lot of patience, by meticulously searching for a potential goldmine, you may run into a few little nuggets that could give you a great head start when it comes to winning the search engine battle.

Most Web masters and professional expired web domain name buyers are searching for unique names, particularly those composed of one syllable, un hyphenated names that can muster several 'type in's'. Such domain names are valuable not only for the name itself but also for dumping strategically laid adverts with a pay per click search engine which can bring in revenue for the name until an interested buyer is ready to purchase the domain name. You may want to check out DMOZ or Yahoo because the names listed there ought to be the ones that you should consider.

You have to be aware of several factors before you start shopping for expired web domain names. First, you should never discount the possibility that the original owner can go after you for apparently 'stealing their name.' Next, you have to make sure that the domain name is listed in a suitable category for your purposes. Finally, you have to make a background check as to the history of the site so that you can rest assured that you are not buying something that was previously used for dubious purposes.




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