How to evaluate a Profitable Domain Name

Personally, I recommend that you look for domains with the following four-step process:

Step 1: Define your goals Portfolio

Before you start to buy on the search for domains, by starting your portfolio objectives. For example, if you decide that you want to add another category of sites to an existing portfolio like. You may wish to 4 medium-sized domains that add in the "natural medicine" category applies.

On the contrary, you may decide that you buy several dozen cheap, country domains like, because that is the demand for that country in general Code fetch expect in the coming year.

Whatever your goal, make sure to define clearly before you start to buy. Otherwise you could end up getting caught in the moment (as a buyer often in auctions), and could end up with a number or a poor additions to your current portfolio.

Step # 2: Browsing sites at auctions in the marketplace

Use to refine the search criteria in Web sites that match your portfolio goals on the market. Once you do this, they begin to work through sequentially. Pay careful attention to the ending date and time, and if the site met the reserve price.

Remember the "Analysis of the Domain" function, their backlinks, Alexa rating, DMOZ to review status, and Archive.org status. In addition to the domain with an attractive and useful URL is also useful when there is already generating traffic and has a Web presence, and that is exactly what this feature will tell you.

In addition, you should add all promising areas to your watch list. You should also consider contacting the seller if it means deemed necessary (if you need proof that the traffic situation, rights or revenues).

Step 3: Develop a strategy and execute Bidding

Before you go ahead and purchase of the pages on your watch list, you should develop a bidding strategy. For example, you should decide exactly how many domains you wish to purchase, and how much you want to pay for them the most.

If you do not, in advance, there is a strong possibility that you get carried away then in a bidding war, and at the end fork had a lot more than you originally intended. In addition, you can end up with a number of sites that would be good individually, but not a high quality addition to your portfolio as a group.

After you create your strategy, run it as planned. If the prices more than your maximum bid pre-planned, not the hunt for the highest bidder. Let go the sites and move ahead with your plan.

Step # 4: Learn from the Process

Portfolio construction is a dynamic process that involves learning. After spending hours reading descriptions of the domains for sale, you should no doubt end up with a better understanding of what goes into coming up with a good domain name idea. You will be surprised that some come with ideas and the search in the categories you never thought that would originally have been considered.

To ensure that you learn and watch what you watch, take some time to take notes during and after your first purchase experience. Comment on what went well, what went wrong and what might be improved in the next round of buying.

You should also consider how you change your portfolio goals based on your first search. For example, you should change the default categories you selected? Or we should focus more on country-specific domains? Or is there another dimension that you had not originally considered promising, but now looks good?

All this is important to observe, internalize, and use for future purchases.

Learn how to be a successful entrepreneur today! Visit Brian's website, http://www.BusyEntrepreneur.com

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