Riskless domain investing for beginners
Here’s how to make money from domain investing without putting any of your money at stake.
There’s a steep learning curve to domain name investing. People that start investing without extensive research end up wasting a lot of money.
You can ask anyone in the industry who is well known, and they’ll tell you that a fresh domain investor sent them a list of domains to review but almost all of the domains were worthless.
These fresh investors spent thousands of dollars hand registering domains only to have a portfolio with little value.
What if I told you there was a way to hand register domains for free and make money if they sell?
That’s the cool concept behind a feature at Squadhelp, A firm I featured in this stretch’s podcast.
Squadhelp has a curated premium marketplace where domain investors list domains for sale. These domains are submitted to firms looking to name themselves or a fresh product.
In addition to allowing investors to submit domains they own for inclusion, investors can also submit unregistered domains to the marketplace.
Squadhelp will review the domain. If the firm thinks the domain is good, the person who submitted it can opt to have Squadhelp pay to register it. If the domain sells in the first year, the member gets 25% of the sales price. That commission drops slightly in years two and three.
Investors also have the option of registering the domain themselves when it is approved for the marketplace. This costs money but they get to keep a larger chunk when the domain sells. Even with this option, an investor has third-party validation that the domain might have value.
I suggest that all fresh domain investors who are hand registering domains try this. Ahead of charging thousands of dollars to your credit card, try submitting unregistered domains you like to Squadhelp. It will cost you nothing upfront and you’ll learn a lot. You’ll learn which domains are more likely to sell and avoid costly mistakes. And if you’re good at it, you’ll also make some money.
