November 27, 2021

Monetize Your Domains

Monetizing Domains

We’ve put together this little guide to help you with domain monetization. It’s fairly basic but if you’re new to domaining and E-commerce you might find some useful information here.

Parking

If you list your domain for sale at a marketplace such as Sedo, you’ll have the option of parking with them, and receiving a cut of advertising revenue. You could earn a penny per click, or a $1.00, or more. It depends on the niche and quality of the type-in traffic the domain is receiving.

Development

Start your own website. There are plenty of free CMS (content management systems) out there, but our favorite is WordPress. Not only is it free but it’s super robust and flexible. Lots of free plugins, and themes, and plenty of premium options too.

If you’re gonna start a website, you’ll need a web host. One option is GoDaddy. They have numerous hosting plans, including managed WordPress (click here to save up to 50% off your first month). There’s also cloud hosting to consider however there’s a bit of a learning curve. As far as providers, we recommend Digital Ocean & Vultr. Join either of them today and you’ll receive $100 in account credit to try them out for a month or two – no strings.

  • eCommerce

If your domain is product/shopping related, you could open up your own Shopify store. Sell your own inventory or find a wholesaler and have them ship to your customers on your behalf. This is known as dropshipping and it’s quite popular these days.

  • Affiliate Marketing

If your domain has an obvious use (fits into a specific niche), such as the keto diet for example, you could review keto books and earn affiliate commission via Amazon. Aside from product reviews, you could also do price comparisons. There are lots of options. And lots of affiliate programs to choose from too. Amazon is just one example. There’s also CJ.com (formerly Commission Junction).

  • Sell Ad Space

Once your site is alive and kicking, you’ll have the option of selling ad space. You can deal directly with advertisers or you can use a service like Google AdSense which is basically a “plug ‘n’ play” solution. Simply insert some code into your pages, and relevant ads will be displayed to your visitors. You’ll get paid for every click. How much exactly depends on your niche, and how competitive it is. Combine affiliate marketing with AdSense and you’ve got yourself a couple different revenue streams. Not bad at all.