There could be thousands of domain names owners that have neglected paying their domain names and web hosting fees. As a result, the web hosting companies has stopped their service and the domain has been confiscated by the issuer. The reasons why the original owners stopped payments may be varied. Some owners even got to the point that the website was earning something for them but then suddenly they stopped maintaining it. Work from home daddy, do you know this is an opportunity where you can make money on these neglected domains.
If are a dad working home-based, you should take sometime to visit sites which sell or auction off expired domains, you may catch a glimpse of the important statistics of the abandoned web pages. You probably have to do some searching to find the right site. Then and there you might see some domains whose subject matter you could make money on because you know quite something about it. Maybe one or two of these domains will have good page ranks and great links. You should choose one which was already getting a sizable amount of traffic when it was abandoned to make money on. If you are absolutely convinced that you will be able to manager refurbishing the site and making it earn more than it was, you could proceed with acquiring it.
It is up to you if you want to copy the original or make money with another version that closely resembles the original with some improvements. The fact that the expired domain was already generating income means that it already had regular clients. This means that putting it up again may get back those clients the minute it is up again and make money for you immediately. Improving it will generate more quality traffic for the domain.
The first thing you need to do to improve its page rank is to add good content to it. Backlinks boost page rank as well, so maybe you could provide a few backlinks to your new domain from your existing website(s) or Blog. You might want to submit articles to a topical article directory and again link back to your new domain from the article.
Of course, to make money you will need to monetize it with products from companies with which you are affiliated. If you haven't joined any affiliate yet and your new domain is your first, you should think about joining Clickbank or Commission Junction and make money on their products.
The advantage you get from buying expired domains that were already generating income for the previous owners is that you won't have to start your own website from scratch to make money. Instead of starting from square one, you have already made some headway just by purchasing that domain.
Of course, we need to mention that fact that the name itself may be something that can really make money for your line of business. A lot of abandoned domain names are very good ones and it is not true that all the best names have already been taken. Well...they may have been, but a few are available again for you to purchase.
So, if you are the kind of home dad who is particular about names, you should be visiting expired domain sites daily and watching out for a really catchy names that will make your business sound very good.
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