Lately more and more Domainers are moving from full time Domaining to Domain Development. To be honest, Domain Development is not everyone’s cup of tea. Before you jump in, you might have to consider the below factors.
1. Development Skill and Interest
Do you have programming skill for doing the domain development yourself or atleast you should have the interest to learn them. Trust me its real fun to get your hands dirty.
2. Patience
Domain Development is generally a waiting game. It takes time to see the returns. Make sure you are patient enough. In general it takes atleast a month or two for visitors to trickle in and revenue to flow in for a new website.
3. Investment
If you don’t have the domain development skill or the interest to get into it, then you can outsource the work ofcourse for a cost. You can find developers at Namepros & DP who can do minisites for $25-$50 including the content for the minisite. This is to give you a general idea of the investment you will have to consider.
Excellent post. I’d like to address all three points:
1) The real interest has to be in the domain name’s topic or subject itself. If you are not passionate about it don’t bother becuase the site will not communicate any excitement to the viewer and working on the site will quickly become – work.
2) Count on six months to a year before you make any real money.
3) Before you invest in anyone else invest in yourself. Take a Dreamweaver course or something similar. The knowledge will serve you for the rest of your life and you will at least have the talent to launch a simple site with text/graphics (and also know what you’re talking about with a future developer – very important). Simple sites can make money (like our PalmSprings.com).
@David
You made some Great Points. Thanks a bunch.