So I was all excited last week about buying a domain name for $10 and then selling a week later for $25. Of course quite a lot of effort for $15 profit but more importantly it proved to me that I could buy a domain name and resell it for a profit, even if it wasn't much. However I also learnt another lesson, and this is that you cannot transfer a domain within 60days of buying it or having transferred it, this is a rule set down my ICANN the domain watchdog. Luckily the ebay winner seemed reasonable and I will transfer the name in the new year.
Now secondly, today I have won a couple of new domain names on Ebay! I know I know I should concentrate on making more money from my current portfolio, however I still feel that I am in the testing phase and so I wanted to buy some 4 letter domain names. Now apparantly as all 3 letter names have been sold, it is expected the price of 4 letter names will increase. So I have spent $30 dollars on 2 new names. I am currently finalising details so will let you know what these are when the purchase is completed. Then it will be good to see if they get any traffic....
My two other new names BalanceNewShoes and AntiFreeSpyware seem to be getting no traffic at the moment, despite these keywords proving popular for searches. However they have not yet been spidered by the big search engines (this means indexed) so am still hoping this will change things when they are.
So I still consider this project a success at the moment, this week my clicks were less than the previous weeks, however they have been higher value - so maybe focusing on higher value keywords may pay off - I just need the traffic! So this week I generated $3.05 yes more than last week but a little dissapointing. However hopefully my new names will come on line and perhaps people use the internet less over xmas as they are out shopping. This still puts me on course for more money this month, fingers crossed.
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