The One Year Millionaire

Alright guys, so in the past few issues we’ve really looked into Domains and a couple different angles you can play if you want to make some money online with them… now today we are on to Expired Domains and Expired Traffic!

Obviously the first thing you will need to know is what an Expired Domain is exactly. Expired Domains or Dropped/Deleted Domains are Domain names that are essentially coming back on the market to be fought over by anyone. This could either happen because the previous Domain registrant forgot that it was time to renew his/her Domain, is procrastinating to renew his/her Domain, or maybe even just doesn’t feel like they want to renew the Domain.

The main reason why buying Expired Domains can be beneficial to bringing in extra online income is because these Expired domains will still have their Link Popularity! This means that all the previous owner’s link building efforts are still in tact meaning that is a lot less work for you in order to have almost immediate results once the Domain is in your control! You will still want to make sure that the Expired Domains you are thinking about purchasing have a lot of value and you can generally do this by finding out how many websites are linked to them either through Google by typing “link:http://****DOMAIN*NAME****” in the search engine or using a Backlink checker that is available on the web!

There are tons of ways that you can Make Money and potentially Become a Millionaire with Expired Domains. Here are a few:

• Domain Flipping.
  You just bought a developed Domain for $10. You can sell it right away for huge profits! Put it up for bidding on an Internet Marketing or Web Development forum and watch people fight over your domain and make you tons of cash!
• Monetize with AdSense.
  Since the Domain has Backlinks then that means that there is already existing traffic so you can put AdSense on it to make money easy as 1,2,3!
• Sell Ads.
  This is an easy way to generate a couple hundred dollars a month with very little work. The Domains you buy should have a PageRank between 3-5 without any Link Building work if you have found some good ones. This means that you can immediately sell text links on that site and make hundreds of dollars every month! Your original investment on the Expired Domain will turn into profit in no time!

You can also use the Domain to push traffic to your other sites or maybe promote an affiliate product! There is so much you can do to monetize a Domain and we’ve learned a lot of different options here on the ‘ONE YEAR MILLIONAIRE‘ website!

If you are serious about leveraging the power of Expired Domains to Make Money Online then you these are two great programs that you have to check out… in the end they both offer the same thing but they both have their own appeal! I’ve used some Expired Domain programs before and what they do is give you all the info you need in order to track new Domains coming on the market and also to make sure you can get your hands on them! Check them out:

Revenue Domains Exposed
and
Expired Domain Riches

If you are thinking about hitting the Expired Domain trails solo then it might not be the easiest road!  Opposite to popular belief, you cannot buy an Expired Domain on the Expiry date that is generally listed everywhere. There is a long process after that in which the previous owner can re-new the Domain followed up by the deletion phase. The whole thing takes about 75 days total and that is when the Domain will be up for grabs!

Don’t forget that our ‘Becoming a Millionaire’ E-Book series is launching soon and to receive each E-Book free when they become available all you have to do is sign up to our free E-Mail RSS Feed! In the next issue of the ‘ONE YEAR MILLIONAIRE‘ I am going to talk about the concept of Saving Money, to Make Money!