In all my online money making years, I’ve never looked in to one popular way some webpreneurs make money: Domain Cash Parking.
What is it? Basically, you buy a domain name and choose a place to ‘park’ it where you can get paid through some kind of revenue sharing system.
This is good if you own several domain names that are not being used and/or ‘under construction’. Instead of leaving these domains on their own, you can park them with a domain parking service and you can earn money by doing so.
There are several services that offer domain cash parking. And, depending on the number of domains you have, you might want to look at different services. Some cash parking services are free and some charge a fee.
If you have less than 50 domains that you wish to park, one popular service is Sedo. It has a free and a paid (Pro) version. I’ve heard some good reports about Sedo, but haven’t really had a first hand experience.
How much money can people make with domain cash parking? It depends. Some people have reported earnings of a few cents to earning $50+ a week per domain name.
If you have experience in domain cash parking, please let us know what you think about it and recommend your favourite service.
Image: Sarah Wendt