A domain name is the name that identifies a website. For example, Microsoft.com is the domain name of Microsoft’s website.People are increasingly coming to realise how valuable domain names are as commodities in their own right. Businesses are realising that the right domain name can be the difference between success and failure on the web. A good domain name can generate enough traffic to turn an unprofitable website into a profitable one.As an example of their potential value, creditcards.com recently sold for $2.75 million, a record for a 2 word domain name. Fund.com sold for $10 million in early 2008.Obviously, the vast majority of domains will not fetch this kind of money, but there is the potential to make a very good income trading domain names. Making money from domain names is not new and not revolutionary, but it is an industry that is growing exponentially, and an opportunity that should be grabbed with both hands.So, how do you get a good domain name?1. Overly long and complicated domain names should be avoided. A short name is much easier for your potential visitors to remember. All 2 and 3 character names (for example aa.com or car.com) are already gone, but […]

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