Best Side Hustles for Flipping Domains
Flipping domains can be a lucrative side hustle for those with an eye for valuable web addresses and a knack for marketing.
Here's a list of the best domain flipping side hustles in Canada, including brief descriptions, income potential, and links to help you get started.
Buying Expired Domains
Expired domains often retain valuable backlinks and SEO authority. Purchasing these domains and reselling them can yield high profits. Look for domains with a strong history, high domain authority, or niche relevance.
Income Potential:
$200 - $5,000+ per domain, depending on the domain’s quality and market demand.
How to Get Started:
Geo-Specific Domains
Geo-specific domains focus on locations, such as cities or regions (e.g., VancouverPlumbers.com). These domains are highly valuable for local businesses aiming to establish an online presence.
Income Potential:
$500 - $10,000+ per domain, depending on the niche and location.
How to Get Started:
Brandable Domains
These are unique, catchy domain names that are perfect for new businesses or startups. They’re easy to remember and stand out in crowded markets.
Income Potential:
$300 - $50,000+ per domain, depending on demand.
How to Get Started:
Domains for Emerging Trends
Stay ahead of the curve by purchasing domains related to emerging technologies, trends, or industries (e.g., AI, blockchain, renewable energy).
Income Potential:
$500 - $20,000+ per domain, depending on timing and relevance.
How to Get Started:
Domain Brokerage
Act as a middleman by connecting domain sellers with potential buyers. This requires excellent negotiation skills and a network of domain investors.
Income Potential:
10% - 20% commission on each successful sale.
How to Get Started:
Domain Parking
Park domains to earn passive income through ad revenue while waiting to sell. The parked domains display ads, and you earn when visitors click.
Income Potential:
$50 - $500+ per month, depending on traffic.
How to Get Started:
Flipping Premium Domains
Premium domains are short, memorable, and highly desirable names (e.g., RealEstate.ca). While they require a significant upfront investment, they offer high resale value.
Income Potential:
$5,000 - $1,000,000+ per domain.
How to Get Started:
Final Thoughts
Domain flipping is a flexible and potentially high-reward side hustle in Canada. With the right strategy, tools, and market knowledge, you can turn a modest investment into significant profits. Start small, learn the industry, and scale up as you gain experience.