Andy Sweet

As many of you know, my work is focused on gathering and monetizing traffic. At its root, that’s pretty much what EVERYBODY who does business on the web does whether they describe it that way or not. There are so many ways to accomplish this and I’ve addressed a few of the ways here.

One person I’ve had lengthy conversations with about traffic generation possibilities is Chris Brooks. He’s written some very insightful comments on this blog.

Recently, he told me a competition he’s having as a means to learn more ways to monetize his domain portfolio. We’ve talked about parking and direct navigation, development for search engine rankings, domain sales…. Is there any other way to make money from domains? That’s what his competition is about and he’s going to give 5 of his generic .com domains to anyone that has alternative ideas.

Personally, I think he’s already come up with a fourth way…

1. Park
2. Develop
3. Sell
4. Barter/Giveaway - if parked, these domains might clear their annual registration fee but even if they do, it won’t be by much. There are so many ways to invest that $8 to achieve a better ROI than pure parking. Development is an option but if you don’t know anything about the subject you’ll have to invest time and possibly money to make it pop. You could sell, but I think the market is so flooded with domain sales forums and auctions that unless you’ve got a strong network or know someone to whom this domain would make sense, you’re probably going to have a hard time.

But who would turn down a FREE domain? In exchange, you stand to get some new nuggets of information that can help you with the monetization of the rest of your portfolio as well as possibly giving you new ideas for your business and that information may be worth MUCH more than you’d get from parking or sales.

Check out his domain competition.

Good luck to all.

Filed under: Business, Domains