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1.Lease domain to customer 2.Let customer spend a ton of money on marketing/advertising said domain 3.Hold customer to ransom when they renew the lease 4.Pro
by hackerboos 14y ago
1.Lease domain to customer
2.Let customer spend a ton of money on marketing/advertising said domain
3.Hold customer to ransom when they renew the lease
4.Profit!
- mcyger 14y agoIt can also be: 1. Lease the domain with a small cash outlay per month 2. Prove your business model 3. Make money 4. Make a balloon payment for an agreed-upon purchase price (prior to the contract signing) at the end of, say, 3 years term. This gives the buyer a way to walk away if the business doesn't work out, but lock up the domain from others buying it out from under you in case your business is getting traction.
- pan69 14y agoThe way I understood is that you're not leasing the domain, you are actually buying it but you pay for it with installments over a period of time. After you've made all your payments, you own the domain.
- mcyger 14y agoYou are correct. It's a financial agreement. Once you make all the payments, you own it. It's up to to you negotiate a payment plan that works for your business.