Future Domain Flipping - Biggest Opportunity
Future domain flipping is here, and it will be more lucrative than ever with lifetime ownership and upgrade of the internet.
Domain flipping was the most lucrative business in the entire history of the internet, second only to Bitcoin purchases.
However, even with low-entry barriers and high profit margins, the domain flipping industry is invaded by giant companies eliminating the individuals and small entrepreneurs.
The domaining industry, once a gold field for beginners, now became a playground for a few major players like Sedo, Godaddy and Flippa.
At the rate the domain flipping industry is changing, what will be the future of domain flipping? Does it need a new approach or is it dead?
Will Future Domain Flipping remain Profitable?
Even if you feel that domain flipping is dead or not lucrative as it was used to be, domain flipping data for 2023 says otherwise.
help.com was sold for 3 million USD while max.com and hurt.com sold for 1.8 million and 1.5 million USD respectively. So, it’s safe to say that the future of domain flipping is still alive and remains profitable.
But we can agree to the fact that you may need a new approach if you want to be successful in domain flipping in the future. At the moment, .com domain flipping is not for everyone as the domaining landscape has changed over the last decades.
Domain flipping is almost dead for individuals / beginners as domain reselling companies have acquired the best domain names and labeled them for much higher prices.
If you’re an individual trying to start domain flipping, you have to look beyond the traditional methods and see the new opportunities of future domain flipping in order to be successful in 2024.
Why is Domain Flipping Lucrative?
Before diving into the new opportunities of domain flipping, it’s important to know your challenges and fundamentals of domaining.
- Low Entry Barriers
Unlike many traditional investments, domain flipping is an investment you can start with a small amount of money. You can even start with a single domain if you did your research correctly.
- Potential for Passive Income
The right domains can appreciate its value over time, without the need for marketing or sales efforts. It’s about picking the right domains and being patient for the right moment.
- Market Diversification
The domaining market is vast and diverse, enabling anyone to build a perfect portfolio without being limited to one niche. You just have to follow the trends and grab the domain that can lead to the highest profit.
- Creativity and Vision
For domain flipping, you don’t have to expertise in a specific skill. It’s an art of identifying the domains that will appreciate over time among the thousands of available ones because of its relevance to a niche, potential future trends, or catchiness.
- Risk Involved
As with every investment, domain flipping also involves risks. You may have to stay updated about the trends to make this work and it requires patience. Domains usually are not appreciating its value over night and you have to wait for the right time.
Domain Flipping Success Stories
To answer the question “Why domain flipping is lucrative?”, you must see the shocking figures people paid for acquiring the domain names they needed.
- PrivateJet.com for $30.18 million in 2012
- VacationRentals.com for $35 million in 2007
- Insurance.com for $35.6 million in 2020
- CarInsurance.com for $35.6 million in 2020
- Business.com for $345 million in 2007
- Cars.com for $875 million in 2014
These are only some successful domaining stories among many others.
Each of these domains were under $10 price tag when they were initially sold, but the trends and time appreciated their value to these figures. Also you may have noticed some common factors among these domains.
They all are English dictionary words and the domain extension is .com
However, the last English dictionary word .com domain was sold more than a decade ago and every domain name with these 2 qualities are now worth more than $100K while some domains worth millions of dollars.
If you’re a beginner trying your luck with .com domain flipping, the only thing that can make tables turn is targeting a new trend and acquiring domains targeting the new trend.
New Opportunities with Metaverse Domains
MetaZ organization released the latest domain naming system for metaverse domains a few weeks ago with catchy and novel metaverse domain extensions like .Z .X
MetaZ domains (AKA Metaverse domains) are the domain naming system developed to cater the ecosystem of next-generation internet that’s focused to serve AR, VR and Mixed Reality devices like Apple Vision Pro.
Metaverse value is predicted to be 5 Trillion by 2030 and the hidden message is businesses and websites have to find their way in the Metaverse soon in order to survive in this trend. With that, we can hope that these new metaverse domain names will be the future of the internet, as well the future of the domain flipping industry.
Future of Domain Flipping with MetaZ
To sell the first 100 web2 domains, it took years. But we can assure that this will not be the same in any of the current trends as people are waiting for opportunities to grab as they appear.
Therefore, we have to act quickly if we are to take the advantage, but keep in mind to start small so that you can recover from any loss associated with the risks.
Currently, a few Meta domain registrars are offering the Metaverse domain services to buy, sell and host metaspaces (decentralized metaverse websites) for affordable prices. Additionally, numerous Meta browsers are available for many desktop and mobile operating systems including Windows, macOS, iOS and Android which can be used to access metaspaces.
We use Namezage meta domain registrar to manage our Metaverse domain portfolio.
This is where your opportunity comes in, the future of domain flipping with Metaverse domains.
Why Metaverse Domain Flipping is the Future?
We all can agree that the internet is changing and it needs a new ecosystem to sustain the user requirements.
And that ecosystem is here.
It took years to register the first 100 .com domains but that will not be the same at this moment.
However, it’s clear that this trend is not going to completely replace the current domain naming system associated with .com domains. But, businesses will have to serve both .com and .Z versions to their users for better experience and conversions.
This is where your opportunity comes in.
Within a few weeks, thousands of metaverse domains have been sold, not only for projects launching in the metaverse but also for metaverse domain flipping purposes.
So, waiting is not an option this time.
Currently there are a few metaverse domain registrars available such as Namezage, Ogett and Cipzi. You can use either of these meta domain registrars to start your future domain flipping journey.
Before stepping in, make sure you know the landscape of the metaverse domain flipping.
Navigating the Future Domain Flipping Landscape
History is repeating with the rise of metaverse domains. Metaverse domains with .Z and .X extensions could be in the place where once .com domains were when the internet was released.
We know that best .com domains are not available to buy for a reasonable price at the moment. The opportunity with metaverse domains is you can still find the best names with the best domain extensions.
But the time is limited as everyone is trying to take up a space in this field.
However, if you can analyze the trends and acquire the best domains that have the potential to appreciate its value, you can be a winner.
You have to know the rules before you step out to play the game. Navigating the future domain flipping landscape is a good idea to minimize the risks and maximize the profit, no matter whether it’s web2 domains or metaverse domains you’re targeting.
- In-depth Research
Always keep an eye on emerging trends and identify opportunities that can appreciate the value of relevant domains in the future.
- Keyword-rich Domains
Keyword-rich domains are always a good investment. They attract more organic traffic making them attractive to potential buyers.
- Memorable and Brandable Names
Consider memorable and brandable domains avoiding special characters and lengthy names. These names are preferred by startup founders and new product developers.
- Buy Low, Sell High
The golden rule of domaining is finding an undervalued domain for a reasonable price that has the potential to appreciate its value over time.
- Be Patient
Domain flipping is a long term investment and it requires some patience. You have to wait for the right buyer and the right price.
- Diversify your Portfolio
Diversify your domain portfolio with various types of domains, including keyword domains and brandable domains. This will help you to minimize the risk and find the path that works for you. Also, make sure to experiment with different meta domain extensions.