Earn Extra Cash From Home With This Amazing Strategy

Do you have more time than cash, and are willing to put your time to good use? Then you should pay close attention to this surefire tip that will help you earn extra cash from home. You will find this easy to start and even easier to maintain, because you will not have to do anything to maintain it once it is up and running.

A few months ago I decide to take a closer look at the idea of earning money using domain names. Yes, I have seen many references to this but I never took the time to examine this in any detail. Well! I'm glad I did and I am here to share my research with you.Domain names are available from two basic sources. You can buy a domain name that has never been used before, or get one that has expired because the original owner either forget about it, died, or is not interested anymore. Getting an original domain name that has never been used before is difficult as you can imagine, but it is not impossible.

The benefit of getting a domain name that was previously registered is the possibility of getting residual traffic from the domain because of previous incoming links to that domain. These sites will cost you more to register, but if you can get a suitable one from one of the sites that sell them, it could turn out to be very lucrative for you.

To earn cash from home using a domain name, you can do the following: Get a suitable type-in domain name, register it, and then park it at one of the many sites that will host parked domain names for you. You will then share the revenue that your domain generates through the search engines. Your only cost for doing this will be the cost of buying the domain name which can be had for under $2.00 from yahoo or under $8.00 from godaddy.

This can be a lucrative strategy but you must get a few things right. These are the steps that you should take in order to earn extra cash from this venture, and build a nice little nest egg of residual income:

1. Research type-in phrases that people use on the net. A type-in phrase is a phrase that someone will type directly into a browser, not a search engine. An example would be shoppingtriptonewyork. You will assume that the search engine will give you the .com TLD or extension, for that site, so some people do not even type the extension.

As you can summarize from the above example, the person may want to know what to look for if he or she should decide to take a shopping trip to New York. So instead of typing anything else in a search engine, the user "tries his luck" so to speak, hoping that there is a website with the exact name and information that he has entered into the browser.

To research the name, use the inventory.overture.com site to find how many times your phrase may have been entered into a browser or search engine. Do not forget that there can be dashes (-) between words as well if the phrase is too long. An example of that one might be game-show-hosts. Now that you have found a phrase that has some traffic or searches, you will want to see if it is registered. Any registrar, such as godaddy or 1and1 will give you that information. Let us move on to your next task.

2. Now you want to register the name that you have found. You can use the same registrar you used to research the name to register the same name. This can be very inexpensive. I have registered names for under 2 dollars for a whole year!

3. Now you are ready to park the domain. There are many good domain parking facilities. Your best bet will be to do a search for domain parking in order to find a good one. You will also want to choose at least three (3) keyword or phrases that will drive traffic to your new domain name. To do this, think about what people are looking for when they type in your domain name. Expand on that phrase or find a suitable synonym.

Once you have parked the name, you can read the tutorials from the domain parking service to see how you can help them to optimize the page that was created for your domain name. You can do several things to help drive traffic to the site, but these must fall within the terms of service of the site that is hosting your domain name.

Now, since you want to earn extra cash from home using this facility, you will want to make sure that you do nothing to violate the terms of service. Your free domain host will be driving traffic to your parked domain, and share the revenue with you. If you earn only 5 bucks a month from this site, you will have made a profit of $52.00 per year or over 650%. Now think of what would happen if you had 200 of those sites paying you 650% a year in profit? There are people who have hundreds of these domain names and this is how the earn extra cash from them.