Have you heard about domain names that sold for over a million dollars? Inspired by this, you imagine registering a effective domain name, hanging onto it for a while, and then selling it off to become the next multi-millionaire. It could happen, but don`t count on it!

First of all, many of the truly sizeably effective domain names are already taken. Second, the dot com bust took some of the wind out of inflated domain title prices. (If you sell your domain name for millions of dollars assessment of worth of stock in a publicly traded dot com flop, what is the name really assessment of worth ?)

The cybersquatter buys domain names totally on speculation. Sometimes he will register names of famous brands, businesses , or individuals. Time and again, these domain title speculators learn the hard way that they must respect intellectual property rights. They hope that some large corporation will pay big bucks to them for the make use of of the company`s own (already trademarked) name. Instead, they end up with threatening letters from a law firm for their attempts at extortion.

However, you can still build lots of money from domain names if you are sensible in your approach. Here are some suggestions on ways to profit.

1. Affiliate Programs: Use your domain title to promote an appropriate affiliate code . Either redirect to the affiliate page or write a review that links to them.

2. Informational Sites: Create content and then profit from it by earning branding revenue through Google AdSense or a similar script.

3. Redirect to Your Own Site: Some reasons you might want to do this add preventing competitors from using a particular domain name and benefiting from searches some users perform by domain title . (For example, if they wanted to order flowers, they might just type "flowers.com" in their web browser. You could get some traffic and sales this way.)

4. Product Sites: Create your own or sell someone else`s merchandise appropriate to your domain title .

5. Park Your Domain Names: You might feel that your title has real potential for resale assessment of worth . There are companies that will allow you to park your domain on their servers, sell that your title is for sale, and split advertising revenue with you.

The trick is to generate traffic for your domain name. That visitors in turn will create revenue. Then, when you go to sell your domain title , you will have a few things going for you.

First, you will have a fully developed website. A fully constructed building on a piece of land increases the assessment of value of the real estate property. Similarly, the assessment of value of your domain title is enhanced by a complete and operating website.

Second, you have traffic. Just as a shopping mall with no traffic results in no sales, so a website must have visitors to contruct income.

Third, you have income. An income property, such as an apartment building, could be appraised on the basis of its income (as well as other factors). Similarly, the gross income, net profits and cashflow of a web page have assessment of worth . For example, if someone offered you $1,000 for your domain title and website when it was building $10,000 per day in profits, you would likely laugh at him.

You really may profit from your domain title investments by adding worth and properly developing your web properties.