Although domain name business has been around for a while, recently it is becoming popular in Nigeria. domain flipping is the easiest online business and also the most profitable with potential profit of between 100% and up to 10000% sometimes even more than that. if done properly and patience is applied, you can make it big with this online venture. a domain name bought or registered with $10 can be sold for up to $10,000 or even more than that, although i must warn that this kind of scenario dont happen frequently and when it does happen it require lot of work and technique but a domain name bought with $10 can easily be sold for $50 which is an amazing 400% profit.
There are 3 main aspect of domain name business
1. domain flipping i.e buying domain name and reselling for profit
2. domain parking
3. developing domain name to a website and selling for huge profit
I will like everyone that is into domain name business to share their experience, tips and techniques.
visit. www.hostamcheap.com