Last year I bought a few domains for use in a new daily deals business that I was setting up.
More and more big money competition rapidly entered the au daily deal industry I decided to pull the plug on the venture prior to launching (pockets not deep enough).
Luckily I rec'd offers and sold a couple of domains that I had bought for a great return.
Was the above just a lucky one off result (right time right place with an exploding online industry) or with learned skill can it be repeated multiple times?
Is there still money to be made by registering .au domains with the intention to monetize through parking/advertising and with the potential (but not the initial intention) of selling should a worthwhile offer be presented or is fully developing out a site and building its revenue the only way to make money?
More and more big money competition rapidly entered the au daily deal industry I decided to pull the plug on the venture prior to launching (pockets not deep enough).
Luckily I rec'd offers and sold a couple of domains that I had bought for a great return.
Was the above just a lucky one off result (right time right place with an exploding online industry) or with learned skill can it be repeated multiple times?
Is there still money to be made by registering .au domains with the intention to monetize through parking/advertising and with the potential (but not the initial intention) of selling should a worthwhile offer be presented or is fully developing out a site and building its revenue the only way to make money?
