I have always been fascinated by domainers. They’re the people who buy and sell domain names for profit. Vancouver is home to some of the biggest domainers in the world – the most famous being Dr. Kevin Ham. Dr. Ham and I (along with Markus Frind of Plenty of Fish) were featured on the cover of The Province newspaper back in 2008 as BC’s Dot Com Moguls.
While what Markus and I do is pretty easy to explain, there seems to be an air of mystery to domaining and domainers like Kevin Ham. The fact that most domainers shy away from the spotlight (Dr. Ham never gave an interview for The Province article) adds to the mystery.
Just because Kevin Ham won’t talk about domaining doesn’t mean I have to keep silent as well. The fact of the matter is, buying and selling domain names is potentially one of the most profitable money-making activities you can do on the Internet (Dr. Ham’s domain portfolio makes him over $30 million a year).
Buying And Selling Domains Made Easy
In the past, buying and selling domain names was for big players only. They had custom-made tools to value domains and catch them when they drop. These days, thanks to advance tools and services like Protrada, pretty much anyone can get into the domain game.
When it comes to buying and selling domain names, Protrada is the system that I use. The free service combines all the world’s major domain auction houses in one place, giving you the tools you need to develop a successful portfolio. Protrada makes it extremely easy to import all of your domains so that you can manage them across multiple registrars.
Instead of jumping from one domain auction house to the next looking for that perfect name, I just log into my Protrada account and all the names from all the major domain auction houses are pulled in for me. Protrada aggregates the world’s best auctions giving you real-time access to over 7 million domains and 30 unique data filters to help you pick just the right domains. A complete tour of Protrada’s many features can be found here.
It’s a lot like hunting for treasure. You’ll be amazed by some of the great names you can pick for a great deal less than their true value. My friend Zac Johnson recently added blogging.org and PPC.org to his portfolio and I couldn’t believe the price he got them for. Tools like Protrada are designed help you unearth those bargains.
One of the best features of Protrada is the Bid Manager that helps you win auctions for less. As auctions end around the clock Bid Manager will work when you sleep to place your bid. Set your maximum bid and Bid Manager will bid just enough to win the auction in the final minutes. This saves you hours sitting at your computer and prevents your bids from drawing the attention of other domain buyers – fewer potential buyers means lower prices.
Protrada membership plans ranges from free to $450 a year for the Pro Plan that I use. You can start with the free plan and upgrade at anytime. Since becoming a member, Protrada has saved me a ton of time looking for and buying domains for my various projects. Whether you’re buying or selling, Protrada is a great service. And their new mobile app for iPhone and Android puts the icing on the cake.
The following video explains, in plain English, what domain trading is and how Protrada help you make money from it.