13. Buy and Sell Domain Names
- Estimated income: $1,000-$10,000+/domain
- Requirements: digital marketing skills
Buying and selling domain names can be a successful business when executed right. In fact, high-demand domains can sell for up to millions of dollars. As such, the most popular domains are often unavailable.
Many domain flippers choose names with local keywords, like jobsinlondon.com. Besides being more affordable, these domains also have less competition.
Start by looking for prospective and affordable domains on domain checkers or auction websites like Sedo. Consider purchasing multiple names at once to increase the sales prospects.
Then, create a landing page for the domains you want to sell or send email pitches to potential customers. Keep in mind that persistent marketing is necessary to find the right buyer.