Ready to read a success story by a fellow Filipino that made millions just by parking? Yeah that’s right parking! Not the “f” word lol. He was not the typical parking attendant on some plush restaurant or casino that got some big tips from the rich and famous. Nor he does not own parking lots that costly charges motorist per hour.
Let’s just call him Rostum, and domain parking is what he does best. So what’s domain parking anyway?
Sedo.com describes domain parking as a simple way to earn money from your domains’ natural traffic. If you have registered domain names, but they are not currently being used, then domain parking is a great way to put those domains to work, earning you revenue. You can make money without even lifting a finger! The idle domain is used to display relevant advertisements – every time a consumer clicks on one of the advertisements, you earn money.
It all started when he learned about business.com domain that was sold online for a whopping price of $8million bucks! This inspires him a lot. Armed with big dreams and high hopes to support his family, he enters the domaineering business in no time!
He recalled how he started with his first ever domain to sell, it was e-softwares.com that was sold 10 times its worth in just 5 days. Then sooner came his bigtime deal when his domain friendsterlayouts.com was sold for $20,000. Imagine from being jobless man 10 years ago, he’s now considered a pillar and inspiration by many aspiring Filipinos and other nationalities from the domaineering industry. And as of this posting, this guy earns an amazing 5 figures per month (in dollars duh!) From ads on his parked and sold domains. Yeah yeah yeah I know you wanna see some proof. Here’s a PROOF!
Because his work doesn’t need him to be there personally, an hour or two per day is enough. That way he can spend more time with his family. They can even packed their Rimowa luggage and go on a weeklong vacation, and he’ll just monitors it virtually anywhere through a laptop.
Congratulations Rostum! I hope your story will continue to inspired some Juan out there to follow their dreams, think big, and to never give up on their goals in life.
From Mike Lopez – Rostum H.- a self made filipino millionaire
Posted on December 8, 2008
Domaineering is the web-based marketing business of acquiring and monetizing Internet domain names for their use primarily as an advertising medium rather than as intellectual property investments for resale as in domaining. In essence, the domain names function as virtual Internet billboards with generic domain names being highly valued for their revenue generating potential derived from attracting Internet traffic hits. As with traditional advertising, domaineering is part art and part science. Often to be the most effective as advertising tools, the domain names and their corresponding landing pages must be engineered or optimized to produce maximum revenue which may require considerable skill and good knowledge of search engine optimization ( SEO ) practices, marketing psychology and an understanding of the target market audience. Domaineering generally utilizes a firm offering domain parking services to provide the sponsored “feed” of a word or phrase searched for thus creating a mini-directory populated largely by advertisers paying to promote their products and services under a relevant generic keyword domain. Occasionally content is added to develop a functional mini-website. Domaineers and some of those who advertise online using keywords believe domaining provides a useful, legal and legitimate Internet marketing service while opponents of domaining decry the practice as increasing the ubiquitous commercialization of the world wide web. Domaineering is practiced by both large companies who may have registered hundreds or even thousands of domains to individual entrepreneurial minded domaineers who may only own one or a few.