Before I start, here are a few quick facts about this money making method:
Work involved = Very little
Time it takes = Not much
Experience needed = Almost none
Cost to get started = Minimal
This is no secret or anything like that; there are plenty of internet marketers and other people doing it. But I figured I would post it here for those of you who don’t know about it.
It is certainly one of the quickest and easiest ways to make money online that I have ever found. And anyone can do it as long as you have a little money to start with and a basic knowledge of domains and websites.
Ok, let’s get to it…
To start you’ll need to buy at least one domain with a minimum of PR2 but the higher the PR, the better. You can find lots of cheap domains for sale that will work perfectly for this by browsing through the Digitalpoint forums domain sales section.
It’s not very difficult to find PR3 domains for less than $50 and sometimes you’ll even find PR4 domains for around that price. In fact, just today I bought a valid PR3 domain that is over three years old for only $39 and it had existing content with it! And another for only $36 that is highly brandable and will be super easy to sell links on.
Once you have the domain all you have to do is write up a little content for it to put up as a website. You can even use PLR content or just find a few articles in a directory and rewrite them to be completely original. It’s easiest if you just put all the content up as one long home page and have a single page site, but you can also start a blog or multiple page site on the domain if you want. If you buy a generic domain your content can be about pretty much anything you want. If the domain already has an implied niche then just put up content about that. It doesn’t really matter too much because you can usually work in content related to almost anything that someone wants to buy a link for, and there are plenty of people wanting links for all sorts of different niches.
Now, for the part that you will actually make money from…
You will be selling links on this new “website” you just built. This is pretty easy to do because there are a TON of people out there looking for links to their sites. There are also plenty of places where you can advertise that you are selling links. Three of the most popular are the link sales section of the digitalpoint forum, the advertising space for sale section of the sitepoint marketplace, and the warrior links section of the warrior forum.
Make sure you take a look at several ads on each of the sites to get an idea of the protocol for posting them before you put yours up. They are all pretty easy and basically the same on each site but you want to make sure you are doing it right. I would tell you how in this post but it’s already long enough and it will probably be easier for you to see for yourself at each individual marketplace anyway.
Also, in case you are wondering, I don’t recommend using websites you already have with good PageRank for this unless you don’t really care about them or don’t want them anymore. The reason is mainly because they could be penalized for selling links on them. Plus you don’t want a bunch of random links on your precious sites.
Pretty much all you need to do this is a cheap hosting service that allows unlimited domains on one account. I recommend Hostgator if you don’t already have a host.
WARNING: Be careful when buying domains because some people will fake the PR, which is very easy to do, so you have to make sure the PR is valid before buying the domain. Here are some ways to check it out…
* One good way to check if it’s valid or not is to use the Google “info” search. Just type info:thedomainname.com into Google to check it. If the site you are checking comes up in the results the PR is probably valid. However, if a different site comes up then it’s almost certainly fake PR being redirected from that site, so don’t buy it!
* Another simple way is to check how many backlinks the site has using Yahoo site explorer. Just type link:thedomainname.com into Yahoo and see how many inlinks it has. If it has none (or very few) then it shouldn’t have a high pagerank. This isn’t the best way to check though because a site can have a PR3 or even higher without a lot of backlinks if the ones it does have are strong.
* You can also use a site like http://checkpagerank.net to check it for you. I recommend doing all of these before purchasing just to be sure.
You might wonder why you shouldn’t just develop the domains you buy into money making websites since they already have a jumpstart with existing PR and backlinks, instead of selling links? There’s nothing wrong with doing that and it’s certainly an option. I actually do both depending on the domain and my intentions for buying it from the beginning. But if you want to quickly and easily make money from the domain then links sales are most likely your best option.
Let’s say you buy a domain for $50 and it takes you two hours to do all the stuff written above, and I doubt it will even take you that long. If you sell 10 links on the site for $25 each, you will make $200 profit after you subtract the cost of the domain. Do this with 100 domains and you just make yourself a cool $20,000 for very little work or time invested.
That’s basically all there is to it. Now get out there and make some money!