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Domain Snapping Company Outgrowing GoDaddy

Filed in: Web — March 14th, 2006

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Do you know that registering domain names in large quantities can make money too? DomainCar is one such company. It has over one million domain names and growing faster than popular domain name registrar, GoDaddy, over the past six months.

DomainCar outgrowing GoDaddy

The Panamanian company DomainCar (my-name-server.com) has joined the small elite of companies in the world with more than 1 million domain names, growing faster than GoDaddy over the last 6 months. DomainCar is not a web hosting company or a registrar. Their business model is to earn money from the huge amount of traffic generated by their large portfolio of domain names.

[Read Ipwalk]

How does it work?

You don’t need to have technical skill and no overhead. What you need to do is register domain names, and start making money from parked ad pages, redirected traffic, and resell domain names at a much higher price. Easy huh?

My two cents

While this kind of business keeps growing, we will see more and more “spam websites”. This is not good. However, it is hard to control because anyone can register a domain name. We would need some “spam website filter” softwares.

[Thanks to Peter(Ipwalk) for the link]

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What do you think? 3 Responses to “Domain Snapping Company Outgrowing GoDaddy”

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  1. #1
    Albert Says:

    This kind of business happen existing long time ago… Even Sex.com in the past is earning money from ppc as well. The owner owns a few of nice domains like jobs.com …

    The popular one in the world of domain name is ultsearch.com who own more than millions of domains.

    FMA.com is also the guy involved in there . Cool.com owner :)

    One who is sucks is KenyaTech who hijack people domain name . That’s sucks.

  2. #2
    Albert Says:

    Google Adsense even have their plan for this kind of guys
    http://www.google.com/domainpark/
    Nothing special …

    This is not a easy money making job… You need lots of money to get into the roundtable.

  3. #3
    Jason Says:

    Domaining is growing fast just the past six months magazines like Business 2.0, Playboy, Newsweek, etc… newspapers all over the world have been talking about domains. Each week at the dnjournal.com they give the top selling domain names and some of those names you will have to look twice, but there is a lot of money in it. In fact on my site (domainerblogger.com) I list domain sales, what people are searching for, and so much more. I just posted about this guy who is selling TheRecordBreakingDomain.com for 12,00,000.01.

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