There are webmasters and marketing experts who reportedly earn $10,000 a day. This may be huge earnings compared to what the average individual earns, but it’s actually meager income compared to what others are earning from their domain portfolio.
For these domain services experts, earnings of $100,000 a day are normal. If you want to capitalize on this online moneymaking scheme as well, then you’d do well to avoid the common mistakes beginners make.
Mistake #1: Getting Ahead of Yourself
Before you announce a domain deal (whether you’re buying or selling) on your social media pages, make sure the deal is already final. Never forget to put everything in writing! Once you get the deal in writing, be sure to read all the details, especially the fine print. Remember that there are people who want to keep domain purchase terms a secret for whatever reason.
You could become unwittingly guilty of breaching a contract if you post details of the sale on social media when the contract says you shouldn’t. While it’s understandable to be excited about a good deal, you should always err on the side of caution. [Read more…]