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Have you thought of using domain parking to make some money? This is something that many people are taking advantage of. There are several ways you can make money with the simple task of domain parking.

Some people park a domain and decide to use it to make money while they are working out how to build the site. This is a great way to earn while you plan the site out. Some people also park domains just for the purpose of making money with no further plans to develop the website.

How do you do domain parking?

First of all, you need to know what type of domain to park. If you can think of an up and coming idea and capitalize it by buying domain names this is a great idea. If you know, for instance, that something new is in the works and becoming popular and the .com name isn't yet taken, you can park it an earn from it. You might get approached by someone later who will pay big money for that domain or you might find that people happen upon it while looking for something else. By filling the landing page with relevant advertisements or affiliate marketing ads and banners, you can make a regular stream of income.

If you are waiting until later on to reserve that great domain name you've been thinking about, don't tarry too long otherwise it could be gone and someone else might either build upon it and use it to their advantage or merely park it and wait to charge you big money for it.

It takes a bit of time to get things ready to do things this way. If you don't want to take the time, effort and money to register the domain, sign up for affiliate programs, build a page, maintain and manage a page and fill it with advertisements, you can choose to share the profits by working with a company to do the management for you.

There are several companies that will do domain parking for you and pay you a percentage of the fees. Some offer cheap domain name registrations and other incentives to get you to join up.

Many domain parking options are available and if you cannot come up with a catch phrase, you can often come up with a similar name to another company that may get hits. There are some cheap domain names registrars out there with some great deals to offer you.

Notes Of Caution With Domain Parking

Beware though; some people that are less than ethical and will do things in the domain biz such as redirect people's homepage to their parked domain so that people are more likely to click. Be cautious of hidden fees and black hat tactics and be sure to read the fine print because there are some known scams out there that benefit the domain parking company much more than they benefit you. Some people call some domain parking practices domain squatting or cyber squatting and some companies have been known to press charges if they suspect that someone is cybersquatting on a brand name that it their intellectual property. ICANN (Internet Corporation for Assigned Names and Numbers) handles complaints of this nature and looks for motives of bad faith when investigating domain parking scams.