If you’re interested in starting a new project or developing another online income stream, it can make sense to park or register domains now.

Here’s why:

• Someone else could register it by the time you get round to it if you don’t do it first!
• You can make money from it while it sits

Protecting The Domain

Those who have tried  to register a domain name and seen that it’s already gone know how disheartening that can be.  What is even worse than that is to know that a domain is available one day, not register it, and then check back a while later to see that someone else nabbed it!

Monetizing a Parked Domain

You can put a parked domain on an earning program and make money with it. You might not make a huge amount of cash with domain monetization and you could share those funds with a domain parking service if that’s what you choose to do and make advertising revenue while it sits.

This might not equate to much but you could luck out and make a tidy sum, too. Some internet marketers monetize with Google Adsense while they wait to decide what they’re going to do with the domain and others actively try to sell the domain.

Why else is domain parking a good idea?

In terms of testing a new niche, you can get analytical stats while the domain sits to help you see what people search for when they land on that page.  This can help you strategise and plan your upcoming marketing strategy.

You could also buy domains that you believe will be popular and sell those names later on for a profit.  Don’t be tempted to do domain squatting as that can expose you to future legal problems but if you do some niche research on new and up and coming niches you could find some great domains that will be in demand in the very near future.

Whether you’re looking to monetize a site or niche in the future or just want some online real estate as an investment, there are some great inexpensive options. Don’t forget to surf the net for domain name coupon codes as you can often save 20% or so off your registration fee.