Make money fast? How’s that then? Hey hey, its about time for another post here at the make money fast site. The last post Fast Make Money Ways, went over the SEO side of using keywords to push your site up the SERPs and showed it can be done with limited success, especially in the make money niche which is probably the worst performing of all niches when it comes to actually making money from it!
The post is actually inspired from a comment I was writing in Griz’s blog, “How to Make Money Online for Beginners,” where it was mentioned about buying expired domains with Page Rank to use as back-link providers for your other sites.
Well, if it sounds like a great make money fast idea on paper (or in this case on computer screen), in reality it is not. Let’s have a look at what this is all about and why it is unlikely to be of much use to you if you want to make money fast.
Make Money Fast
Starting off, there has been ample blog writing and commenting lately on the merits of buying used, or expired domains as opposed to registering brand new ones. The benefits to make money fast are huge, especially if you can find a well aged domain of a few years or more.
The older the better, as older domains tend to attract more authority in the eyes of the search engines, so a site that you put up on an aged domain will climb the SERPs more quickly and achieve a higher placement than a brand new domain. If that’s not enough reason to get your hands on one or more old domains, then being able to make money fast by creating a new site with monetization and avoiding the dreaded Google sandbox is more than worth the trouble to find them.
But there is a third, very good make money fast reason to buy up expired domains and that is some of them come with existing Page Rank. And some of them can be as high as PR6 or PR7! I should know, I’ve bought several PR6 domains and two PR7s as well.
So you’re immediate thoughts (as were mine) would be that a few well chosen PR6 sites could very quickly dominate a niche and you’d certainly make money fast that way. Not only that, but they could interlink and provide back-links for some of your newer sites and blogs and bring them up as well – because its no secret that if you can acquire one or two keyword anchored PR6 back-links your newer site will almost certainly get a PR5! Imagine how incredible that would be with a small army of PR5 and higher sites all targeting similar niches and you can see the potential to make money fast… and some!
Considering that most of these domains only cost me $5 plus a years registration fee, what a bargain!
Sounds too good to be true, doesn’t it?
And what are you told about things that sound too good to be true?
They usually are!
Yep, all that build up comes with a payload of “big time let down!”. What could go wrong with that scenario? You may well ask!
Well, for starters, when you buy an expired domain, the domain has literally expired because the previous owner didn’t bother to re-register the domain for another year. Now, if you had a killer PR6 website, would you be so careless as to omit to pay for another year’s domain registration?
Nope, I didn’t think so. So why did the previous owner not keep up his or her payments?
Well, there could be a number of reasons, not least of all that the owner has died! Or gotten so ill that they couldn’t keep up their work. Or they went broke and couldn’t afford to renew (that would happen even if you had a PR6 site and weren’t using it properly to make money, fast!).
Or much more likely is they mis-used and milked the site until dry to make money fast, made their money and simply let it go, knowing full well that on the next PR review their site would be slapped anyway. Or the niche they were working with the site was not producing any dollars and they didn’t know enough about the business to fix it.
Or lastly, it could simply be that the site owner had bought loads of dodgy links in order to attain the high PR and make money fast, then pull out knowing that all those links were about to become worthless, as in the case of using PayPerPost or other blog post review company where the blogs that they paid to put up the links (under the guise of a paid review) had themselves been slapped by Google for doing the paid reviews.
The upshot of all this is that even though the expired domain you’re buying shows a high PR on your toolbar, Google has already flagged that domain to have its PR removed at the next review. So all those high PR domains I bought are now PR0 domains (except one or two, which I’ll explain about next) and useless as high powered link providers.
But all is not quite lost…
You see a couple of those domains have survived two PR reviews with their PR intact. Upon checking, I can still see all the back-links that had provided them with their PR. That means that the domains were not mis-used, or abused by spammers or “make money fast and dump them” merchants, but were probably owned by people who I spoke about first – they either died, or got sick or went broke or for some other reason simply were not in a position to renew their domains. And as long as I retained the same site names as the previous owners, I’ve kept the PR. I also did some checking to make sure the backlinks all pointed to the homepage and any that pointed to deeper pages, I simply created pages with the same names, put up a paragraph or two of vaguely relevant content and the deep-linking has stayed intact.
So I know that buying expired domains at auction can be a bit of a lottery (and are not most auctions a risk?) at the end of the day, I’ve still got some useful domain names with age – still important for moving up the SERPs quickly and avoiding the sandbox. In fact one of those now PR0 domains achieved page one in Google’s SERPs for fairly competitive keywords within a couple of weeks of me getting it back up with a blog and 10 posts.
So it can be done!
You can make money fast with SEO, expired domains and a little of the old fairy dust for luck!
Terry Didcott
Freelance Writer
Make Money
