Internet sites have their own domain names which are basically their address in the World Wide Web high way.
There may be several ways why people will register their domain name, most of them for business purposes.
However, there are times when people who want to reserve a domain name are not interested in using their web address right away.
The only way for them to reserve their domain name without having to give it up is to park their domain name. This arrangement is simply called domain name parking.
Reserve Your Domain For Future Use
There are a few services online which helps or allows a person to reserve a domain name or park a domain name for later use. This domain name reservation can be used any time the domain owner is ready to use the domain name.
The thing with domain name parking is that a lot of savings can be done by not having to pay monthly fees for the domain name. The best thing is that the domain name is still reserved for future uses.
In simpler terms, this is can be compared to reserving a house and lot for future purchase. The reserved house and lot will not be sold to other people for a period of time.
Make Some Money From Domain Names
There is a popular term being used to describe the money making scheme that is used to take advantage of domain name parking and that is monetization of parked domain names.
There are now many web hosting companies which offer income for domain name owners who have their domain names parked under their hosting system.
They take care of posting the ads which collect revenue as times passes, and they provide the domain name owners a percentage of the revenue being earned by the parked domain names.
Where To Park Your Domains?
There are many companies that you can park your domains with. They all have their advantages and disadvantages which means that you need to choose the one that best fits your situation.
Some of the most popular are:
- WhyPark.com in my opinion is one of the most visually compelling platforms out there. In a matter of minutes (literally) you can build a content rich site that offers multiple ways to monetize the traffic.
- Sedo.com is good for selling domains and has quite a bit of traffic. Sedo would probably be the best (my recommendation) because of the traffic results, but it varies from person to person of what they really want.
- NameDrive.com is a worthy free domain parking service, and should be a final contender in your list of services. Between its somewhat advanced landing page layout, contextual ads based on keywords you choose, and other services NameDrive gives you the most bang for your buck, albeit – you’re spending $0.00!
Domain name parking can provide a steady stream of income but requires consistent hard work.
Parking a domain you’re not using can be a good way to make it pay its way, and if you pick your domain names carefully, you can see a good rate of return.
Do you think it’s worth to park domains nowadays ?
I’d love to hear your comments below.