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Godaddy is a platform where users buy and sell their domain names. Though there are many other such platforms without a doubt, Godaddy is the most popular platform to trade domain names. It is a reliable platform that many people trust. Before telling you how to make money by selling domain names in Godaddy, you need to know the meaning of domain flipping. Domain flipping is when you buy domain names at a lower price and then sell them at a higher price.

The domain name is your business’s basic online identity, so individuals pay an insane amount of money to get the right domain name for their business. However, domain flipping can be highly profitable if done correctly. If you plan to make money online by flipping domain names, here are a few of the best ways to do it.

The domain name is your business’s basic online identity, so individuals pay an insane amount of money to get the right domain name for their business. However, domain flipping can be highly profitable if done correctly. If you plan to make money online by flipping domain names, here are a few of the best ways to do it.

First, buy some good domain names, and the best bet is to buy those that have gained some reputation already. Now get them registered under your name, and then you can start to make offers to sell them. You can plan to sell them by listing the names and setting the price for them or planning auctions. Domain flipping has become one of the best ways of earning money online, and many people have started practicing it. But like any other business, even this involves a few risks. So keep all the legalities and risks in check and enjoy domain flipping to earn huge sums of money.

How to buy a domain from Godaddy

Purchasing or registering domain names from Godaddy is a simple process that can be done easily. Here are the steps to follow:

  • Create an account for free in Godaddy.
  • Enter the domain name you want to register in the “Domain Name Search” field and select the appropriate extension from the list.
  • You can also choose to buy more than one domain name in one go. Or you can purchase these domain names at an auction for less price.
  • Also, use any coupon codes you have while buying the domain names. In Godaddy, the 99 cents domain coupons are very popular.
  • Once you have selected all the domain names and applied the coupon codes, if any, proceed to complete the checkout process.

The domain names are now yours, and you own them from that very instant.

How To Sell Domain Names on Godaddy

To sell domain names on Godaddy, you can list only the active domain names from the Domain Manager. Follow the steps below to list domain names on GoDaddy Auctions

  • Log in to your Godaddy Account and click on “Manage.”
  • Now, from the Buy & Sell menu, click on the “GoDaddy Auctions Listings.”
  • Select all the domain names you want to sell, and click on “List for Sale.”
  • Next, fill out all the important details such as:
  • PayPal Email— This is the email address associated with the PayPal account that you want to use to sell the domain name.
  • Category— The category you want to use
  • Sub-category— The sub-category you wish to use
  • Auction type— The type of auction that you want to create
  • Starting bid— The starting bid you want to wish to set for the auction of the domain.

Once all of the details are filled in, read the terms of services and check on the “I agree” box.

Decide the price of the domain name appropriately, neither too high nor too low. You can also choose to make an offer to the buyers.

Godaddy always verifies both the buyers and the sellers, and once the domain name is purchased, Godaddy automatically transfers the money to your account.

Also Read: Top 5 Refer and earn apps that Provide you money as a freelancer

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Riya Kapoor

Riya Kapoor writes about lifestyle, entertainment, news and gadgets. She has been in this industry for almost 4 years now. She is a graduate from Delhi University with English Hons and had deep connection with writing since her childhood.

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