2. Sell it on Domain Sites

The only sites you should even consider putting your name up for sale is on ebay.com, Afternic, or Sedo. These are most popular and where some huge sales have taken place. The only downside is that there are high numbers of domains already for sale and usually site will get a commission of something around 10%. There also may be a small fee to join. Appraisal Blast charges a minimal fee but no commission. Your domain will get more exposure there just because there aren't hundreds of domains for sale. You may also have luck selling it on forums such as DomainState. The prices of sales there seem to be lower.

3. Contact Large Businesses with Deep Pockets

This approach takes some time and patience. Let's say you have acquired a great domain name that would work great for any business in field of stock market. You may want to locate some of bigger sites or businesses and make an offer to sell your domain name. Make sure name you own doens't have any elements that are already trademarked because you may be forced to give up name. You may want to go on Internet and look up current websites that deal with stocks and find ones that don't have greatest domain names. Make offers to these sites stating how your domain is much better and will HELP them. If you get a company to bite, rewards are usually very generous!

In summary, selling domains for high amounts of cash depends on two key elements. First you must have a quality domain, one that doesn't have numbers or isn't too long. It must be clear and easily recognizable. ".com" is best, but even domains such as ".us" are gaining popularity. The second key is Marketing, Marketing, Marketing! I can't stress that enough. You have to create a good reason for someone to buy your domain. How can THEY benefit from it. When these two steps are fulfilled, a sale is almost guaranteed!

If SEO and PPC are not good marketing avenues for micro businesses, where can they turn? Currently, their best bet is IYPs. The IYPs, broadly speaking, are an extension of print yellow pages into online sphere. While they still have some major improvements to make, they offer a familiar, quick, and affordable way for micro businesses to begin showing up online. With many IYPs, a business that is listed in local yellow pages will get an automatic free listing online. For a fairly reasonable cost, perhaps $25 - $150 per month, listings with many IYPs can be upgraded to better visibility, just as in yellow pages phone book. It’s not a panacea: certainly, at this point in time, traffic is far heavier on search engines than on IYPs. However, IYPs offer some unique advantages besides low cost and relative simplicity: traffic to IYP is more qualified, because it is clearly focused on a particular category; IYP listings often show up in search engines results (“free” SEO!), and ability to tailor advertising to a micro geographic location is generally better. It’s early days for micro businesses on Internet, but trend is picking up, and avenues provided to these businesses for their online promotion is already one of hottest topics in internet marketing.