What is domain name parking?
Well, let’s say that this person has come up with a great idea for a niche website. However, he’s in the middle of something else at the moment, and won’t be able to get to it until later. At the same time, he doesn’t want someone else to snap up that great domain name he has come up with. So, he buys the domain name and park it until he gets around to it.
When you buy a domain name, you can then build a website with that name and have a hosting company host it for you. Hosting simply means that you will have a small ‘space’ online where your website will appear when someone enters your domain name into their computer browser. Sometimes, someone will either buy a domain name that they simply can’t put up a website with right away or they will buy a domain name with the sole idea of parking it to generate some income.
While it’s true that in most cases you can just park your domain with your hosting account for free (you don’t even have to park it but any visitors that may come to your domain will receive an error message), you can also park it with a company that specialises in helping you monetize your parked domain.
They will place ads on your parked domain and whenever you get a visitor you will get paid if they click on one of the ads. This can either be a nice little extra income stream until you can build the website or it can become a full time income. However, in order to make that much money, you will need to have many parked domains and you will have to be very careful in choosing your domain names.
It’s up to you to decide which method makes sense for you and your financial goals, but one thing you do need to be careful of are all the scams promising to provide you with a system to make hundreds of thousands of dollars just solely by parking domains. I’m not saying that you can’t benefit from learning all the ins and outs of this process by getting a system, I’m just saying that you need to be careful that you don’t get conned in the process.
One of the best ways to get traffic to your parked domain for free is choosing your domain name wisely. If you choose a term that has many monthly searches and you keep that term (keyword) intact, using it as your domain name, you will get a lot of ‘organic’ traffic. Organic traffic consists of visitors finding your site simply because they entered the keyword you were focusing on for your site. This is different from people who click on a link and are taken to your site.
Whether you are parking your domain name temporarily until you can get your website built or use it as an income stream, take a little time to find out the best way for you to go about this method.