Friday, October 5, 2007

A Review of Domains into Dollars

Looking for an incredible ground floor opportunity that can make money online from day one, that the vast majority of people online know nothing about.

Want to become part of a $2 billion/year industry that is expected to double to around $4 billion/year by 2010?

A new product caught my fancy lately, Phil Craig's Domains For Profit, so much so that I had to write about it.

You can access the full details by heading over to http://www.squidoo.com/domains-into-dollars but here is a summary.

Just one example is a guy called Kevin Ham. Heard of him? Me either!

As Phil put it so nicely...

"Kevin is probably the most powerful dot com person you've never heard of" !

He owns around 300,000 domains, and receives around $70 Million per annum in revenue from them. His empire is reputed to be worth close to $300 million. All this from owning domain names.

I found it interesting how Phil equated this money backwards like this: -

$70 million is about $5.8 million per month. Divide that by 300,000 domains and it turns out each domain is generating around $19/month in revenue.

Or just $0.63c per day. So $0.63c per day (per domain) is all it takes to get there.

Do you think you can generate $0.63c per day? I certainly think it is achievable.

Here is a domain name I purchased after applying Phil's information.

www.pcrepairgirl.com.

This domain is making me around $20 a month as I type this for nothing! I keep 100% of the profits.

All I had to do was signup with the website parking company (free) and choose a general theme (category, etc) and the rest was done automatically.

You need to know nothing about HTML to set this up, and it's completely free. What's more if anyone clicks on a link on that page (hint, hint!) you get paid! Usually just a few cents, but it sure ads up! This domain has made my $22 in a around a month and it had a cost of only $7.99 to register. After that the rest is profit.

Phil's website is at http://www.domains-into-dollars.com if your interested in diving straight into his course.

What to read up on my experiences using Phil's course?

My Review of Domains into Dollars gives you specific information on my experience using his techniques. I am not a millionaire (yet!) but I make some money with it, so it definitely works.

I'm not easily impressed, but suffice to say in this case, I am. Well done Phil, thanks for the ideas, now if you excuse me, I have to go buy a domain!

No comments: