1. Extremely cheap barrier to entry
With registration fees at approximately $9 per domain name not many can say they cannot afford to get in the domain game. Back in 2000 we stumbled on an expired domain, one that no one really wanted. It sounded OK to us and as we bought many, we decided to spend $15 back then and purchase it as well. Since then this one domain has made over 1 millions US$ in PPC revenues, and is still going strong.
2. Residual income
Unlike traditional jobs where one gets paid by the hour, our work lasts longer. If you found a domain that gets type-in traffic you are most likely to reap the rewards for as long as it receives traffic.
3. We can do our work from anywhere
All that is required is a computer and an internet connection. Hack, you don’t really need your own computer, many cybercafes/public libraries will do.
4. Knowledge is everywhere, and mostly, for free
Lot of Free websites to learn from – NamePros, Facebook Domain Name Network, blogs such as The Domains, Dot Weekly, Namebio.com, DN Journal, and of course Domaining.com.
5. We’re open for business 24/7
Self explanatory. In addition, we have very little overhead as most of the work, once a domain has been acquired and set correctly is automatic and falls on parking providers or affiliate partners, rather than us.
6. Businesses want what we have
The basis of commerce is when one wants what you have and is willing and able to trade something for it. Sorting through the tens (and sometimes hundreds) of offers we receive unsolicitedly daily I am certain that if you own the right domain name, prospects, while mostly not offering the value which you want, do recognize some value in them.
7. The internet is growing, and relatively, our core business is as well
Since all generic domain names are essentially search keywords with the additional extension, as consumers continue to search more frequently, relatively speaking, type-ins and the value of traffic, as more businesses compete for it, will increase.
8. We’re in a business comparable to Natural Resources
People may like or hate the domain industry but as long as domain names produce potent traffic which is responsible for sales and branding, it is here to stay.
9. We’re constantly learning
In many instances while going over domain lists or browsing auction sites such as Sedo, Afternic, or SnapNames, while at times some terms received significant bids I still did not know what they meant, why they are important to many. It is the need to understand their values which is responsible for constant learning experience. A place I have never heard of before, a fruit which grows in the Amazon, and even a foreign language. All thanks to domain names.