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Simple. Domains are so cheap that if you buy one for ~ $8 then you only need to make that money back in one year for it to be profitable. That's less than 70
by gexla 16y ago
Simple. Domains are so cheap that if you buy one for ~ $8 then you only need to make that money back in one year for it to be profitable. That's less than 70 cents per month for a .com. There are a number of parking services where making that much money isn't terribly difficult. So... the more you buy, the more money you could possibly make. Some might just make their money back, some might do very well. Overall, the domaineers are likely at least breaking even. Add in the fact that they have a bit of experience doing this, then for sure they are making money.
- user24 16y agoyep. Plus the domainer websites are awash with news stories about domains selling for thousands, so plenty of newbies think it's going to be easy money.
- iqster 16y agoGood point. 70 cents a month is likely easy to recover. Another thought I had was hoarders attempting to grab usable names in order to extort real companies to pony up. I believe this happened a lot in the late 90s. Wonder how common it is today?
- deleted 16y ago[deleted]
- michaelelliot 16y agoThis has become quite a fruitless endeavor. WIPO and other domain arbitrators will swiftly hand domains over to their rightful owners if there is a trademark or history of trading under a particular name.