When I was just getting started with my online ventures I was wondering why people are spending their dimes buying up domains and never really using it as a website. I mean they buy about a hundred a only put 10% of it to real websites/blogs and 90% being just parked. I was pretty much wondering why should people jack up themselves registering domain names and only have it unused
Well now I was year older, I looked at my namecheap account and have seen about 35 domains in it and quickly realized buying domain is really a part of business. 35 isn’t a big number but most people don’t even get pass 5 domains because they think its retarded to get a lot of it. I mean you’ll just never know. Maybe 10 years ago, you had a thought of a domain douchebag.com and well before it was unknown. But if you would sell it right now, seriously you’re easily off to 5-6 figures just for that domain.
Not really talking about Domain Flipping here but basically its just that you always have to have domains as an internet property. Just as the same as in offline world, probably domains can be treated as land properties wherein you buy it and just use it when you already think something good of it.
So think of it and instead of spending $50 a month in buying shirts, why not just invest in registering domain names. I’m not really sure how to say you’ll make your money back but I assure picking up domains is a great business strategy..