Making Cash On The Web is a serious attempt to compile useful information about making money on the internet. It is a combination of things that I have learned myself, as well as information culled from other sources. It is NOT about get rich quick schemes, or wierd marketing programs. I am not going to sell you anything.
A few years ago, speculation in site names was rampant, with people buying thousands of names in hopes of selling one for big bucks.
Unfortunately, like many speculative businesses—from the Dutch Tulip Bulb mania of the 1630s to land speculation in the wild west—the while thing crashed. I know one guy who lost more than $10,000 speculating in domain names (more to the point, I know a guy who is still waiting to cash in on the $10,000 in domain names he bought some years ago).
But it seems as though there’s still some life left in the business. The domain name “blogster.com” recently was purchased for $100,000.
I thik that there’s still money to be made in domain names, but you have to be way ahead of the curve of any demand. No doubt, all of the names associated with the word “blog” are long gone.
The other way is to get lucky. I happened upon a nice combination of words last year, which I then subsequently sold to a startup firm for a tidy sum of money.