You may have heard of domain flipping and you may have even seen some of the ads on different platforms. For those of you who are not familiar with this term, domain flipping is essentially when you buy a domain name that is already owned by someone else. Put simply, a parked domain is when you buy a domain name, typically with some sort of monetary gain, but you do not use it for web hosting or email. In short, the domain is not actively being used by its owner. Instead, it is socked away for later use. In this article, I am going to explain what is a parked domain and what are the reasons behind domain parking.
Domain parking can be good for the future. If you have knowledge and skill, domain flipping can become quite profitable. First, you can sell the domain name back to the domain seller later. There are several domain parking websites online where you can contact sellers to purchase their domain names at a discount. In addition to selling the names back to the website reseller, you may also be able to sell the site later to another company or individual.
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