I knew that this was profitable, and had successfully done it once before, but didn’t make too much off it to really feel that excited. I had another go at it this weekend, though, and was very surprised. Surfing through the DP forums, I found a thread that someone started listing a bunch of expired domains. I saw a domain that looked decent and registered it at Dynadot.com, which is a great place for somebody who is wanting to do what I do. They will let you drop the domain within 5 days if you decide that you don’t want it any more. Anyway, I bought the domain and immediately went to work on it. I installed wordpress and found a nice theme to use for the site. The next stop was at thenewsroom.com, to get some videos that I could use. They will pay you $4 per 1000 views of their videos, and this was how I was going to start out monetizing the site. After using several videos from there, I strolled over to Youtube and found some more videos on the subject. Those videos really helped round out the site, and get it filled with content. The next stop was a clickbank to find some products on the subject, of which there were 3. I added those in the “Blogroll” section as “Recommended Links” or something like that. After that, I threw a little Adsense up at the top of each page (in the template, of course), and was ready to roll. I then set out to market the site.
The result was this; I paid $9 for the domain, put in about 2 hours of time setting things up (while watching tv), and sold it for $40. I think I just found my preferred earning method.
Like I said, I had done this before with a text messaging site, which I sold for $30. I tried it again after that and didn’t really have any success, which ended up being fine because I decided to build on my other text messaging site and make it what it is today.
Anyway, that’s a little example of one great way that you can really bring in some good money on a small deposit. Try it out for yourself and see how you do. If you have any questions, feel free to ask.
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