Domain Profit Guide - Review
Hi! If you're new here, you might want to register for free email updates. Just use the form at the top of the sidebar. Thanks for visiting The Lucid Blog!
One of the perks of reviewing internet marketing and home business related info-products, is that I gain exposure to ideas that, ordinarily, I wouldn’t give the time of day.
Take, for example, the “domain brokering” industry. Previously, my knowledge of the concept was limited to a basic assumption that this was about buying domains low and then selling them high. Not that I’d ever given it a great deal of thought but, on the surface, this sounded like a lot of work, for little profit.
However, after reading “Domain Profit Guide” by Paul Gunter and Andy Shorten, I discovered that my presumptions were a long way from the truth.
Domain Brokering, is only one way of profiting from domain names and, if done correctly, the ratio of work to profit actually becomes very attractive.
For example:
I selected a domain name that I already own, but don’t currently use. My ownership of this domain is good for about a year, but it was part of a possible project that fell by the wayside some time ago.
My intention was just to let it expire.
Instead, I carried out a simple administrative task described in “Domain Profit Guide”. It took about 5-10 minutes and, now that I’ve done it once, I could easily repeat this with another domain in less than 3 minutes.
And then I went back to work.
Approximately two months later, I checked back and discovered that this domain - that had previously been doing nothing but gathering digital dust - had earned me 17 dollars and 94 cents.
Which is MORE than the cost of purchasing the domain for an entire year!
Can you see the significance in that? If not, let me break it down for you.
Ownership of this domain name cost me $15 per year (it might be possible to get it cheaper from a different registrar, but that’s what I paid). That works out at:
4.1 cents per day
Following the technique I learned from “Domain Profit Guide”, in a two month period, that domain earned me $17.94. That works out at:
29.5 cents per day
If that rate was consistent, this $15 domain name, would earn me over $100 a year.
From just one domain.
Intriguing, huh? So where’s the catch? Well, this may be an impressive result, but it isn’t necessarily typical.
The domain earned $9.68 in the first month and $8.28 in the second. This has the appearance of consistency, but is really too small a sampling on which to make solid predictions. Additionally, although this domain currently contains no content, it did in the past which may be resulting in some residual traffic that is boosting its performance
Nevertheless, although a 700% return on investment may not be typical, as long as you can beat 4 cents a day (or less if you use a cheaper registrar), you’re still making a profit.
Even if you don’t fancy making investigating this line of business, if you have a stock of domain names that were purchased for use with discarded projects (or are awaiting future projects), then you might as well put them to work. And if they continue to generate a residual profit, then simply continue to renew them.
It is this kind of information that, in my opinion, makes DPG a worthy purchase for anyone involved in online business. Even if you have no intention of making a career out of domain names, there is enough useful and, dare I say it, profitable information in here to make this worthy of your attention.
Other techniques described in DPG are more involved but offer greater profit potential to match. There is a nice balance between providing enough detail to leave you confident of being able to get stuck in, but not drowning you in facts and data. It can be a little dry at times and the presentation is fairly bland, but it makes up for this by keeping on topic and not wasting page space on unnecessary information.
At 106 pages of content, there is more than enough material here to get you started if you fancy getting involved in the domain name industry. It’s at the pricier end of the info-product market, but your investment includes updates and a back-end support system should you have questions that are not covered in the eBook.
DPG is operated via ClickBank, so the usual eight weeks, money-back guarantee is also in operation.
Like “The Four Tier Annihilation Method” that I reviewed back in June 2008, “Domain Profit Guide” is best suited to people who have are looking for a online business niche in which to settle, or who simply have time spare that they want to fill with something profitable.
But, if it’s simply that you have inactive domains, and you want to discover how to make them continue working in the background, then you won’t be disappointed either.
