How to Sell AI Domains and Make Money in 2024? | AI Startup Ideas | Earn with AI

Hey, It’s sash here !

Looking for business idea, startup ideas or side hustle ideas in the AI niche?

Or want to become an entrepreneur or solopreneur with the help of AI and AI automation tools?

Then you are the right place.

In this series of AI Business Ideas, we share practical guides and step-by-step processes to start an AI Side hustle or startup. You will also find real techniques and strategies for an AI business or for any business using AI tools.

There is a lot to share.

In this post I’m going to share one AI idea case study with strategies :

Start an AI Domain Selling Business

The Idea!

Come up with creative, well-known, and easily guessable domain name ideas related to AI and buy them with different extensions that AI companies use such as .AI .io .

Help AI brands for their branding including choosing the perfect name for their company.

Or if you already have a business that helps startups in their branding then this can be a side-product for you, bringing more prospects and revenue!

How to monetize it?

It’s simple! sell them through a website or auction or exchange them with other domain name sellers.

You can also sell these domain names directly to the brand, company or website owners willing to buy it.

You can also sell or rent your domain name to domain name marketplaces like Godaddy.

Strategy​
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Research

Before you buy any domain names, you should do some research on the current trends and demands in the AI industry.

Valuable Keyword

You can use tools like Google Trends, NameBio, or DomainTools to find out what keywords, niches, and extensions are popular and valuable.

Soldout Domains

You can also look at the domain names that have been sold recently and how much they fetched. This can help you identify potential opportunities and avoid overspending on domain names that have low demand or high competition.

Abandoned Domains

Looking for a domain name that was already in use in the past but now is abandoned means buying a reusable domain name with some domain authority.

Reusable domain names with domain authority have higher chances of ranking from the first day, so brands and many website owners prefer them to rank their sites.

Make it simple

Look for catchy and simple domain names that a website or AI company already has, and buy it with another extension.

Be Smart

Use Tools like Sedo.com to find the most searched domain names.

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Tools to use

Set up a social media account (preferred X and Reddit) for promotion and marketing.

Use AI tools like ChatGPT to come up with creative and easy domain name ideas for an AI company or brand.

Use Keyword research tools to find the best AI domain names with high search.

Take inspiration from already-established websites for names.

Export all results to a spreadsheet. And use domain name finder tools to check its availability.

Buy it and start promoting.

Do partnerships or collaborate with other players in the domain market.
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Market

• According to Domain Name Stat, there are over 300,000 registered .ai domain names as of November 2023, and the number is increasing by about 10,000 per month.

• According to NameBio, there have been 2,160 .ai domain name sales worth $4.5 million in 2023, compared to 718 sales worth $878,700 in 2022. The average sale price of .ai domain names in 2023 is $2,083, compared to $1,224 in 2022.

• According to Dofo, there are 15,253 .ai domain names listed for sale at various marketplaces as of February 2023, with an average asking price of $7,760. The most expensive .ai domain name for sale is ai.com, with an asking price of $10 million.

• According to Unite.AI, the most expensive .ai domain name ever sold is you.ai, which was acquired by the founder of HubSpot for $700,000 in October 2023.

• Other notable .ai domain name sales include stack.ai for $258,888, npc.ai for $250,000, and arena.ai for $65,0984.

• According to TechRadar, the .ai domain extension is one of the most sought-after and valuable domain extensions in the tech world, as it showcases professionalism, credibility, and relevance for AI businesses and startups. However, it is also one of the most expensive and risky domain extensions, as it has a high registration and renewal fee and a low sell-through rate.

Example?

Smart Branding and Domain Name Wire are two established players in this business, you can learn by following their strategies.
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Conclusion

So that’s it for this guide buddy!

Now rest is up to you, DYOR, see what players are doing and only jump on to it if you already have some funds, a network, and experience/skill in selling digital stuff.

Best of luck !✌️

Share this post with your network because good things become great by sharing.

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