Showing posts with label ONLINE SCAMS. Show all posts
Showing posts with label ONLINE SCAMS. Show all posts

How to make money flipping domain names

Domain flipping simply refers to the online business of buying or hand-registering low cost domain names and then selling them at a profit. It is a very risky business and you need good insight and judgment to recognize those names that will be in high demand in the domain marketplace. You also need to have access to multiple sales channels through which you will sell your domain names. If you have sold products on e-Bay, then you will not have a problem flipping your domain names and generating thousands of pounds every month in profits.
Picking the right domain names
Domain name research is the key to success in the domain name flipping business. You must have good knowledge of the industry to be able to recognize those names which are valuable and which are likely to generate lots of offers from potential suitors. You can operate within a niche or two which allows you to completely understand the market along with some of the key trends. You also need to master a few domain research tools including keyword research tools, 
domain appraisal tools, links analysis and traffic analysis tools. Building a portfolio of very valuable domain names takes time and effort but it will increase your chances of succeeding in domain name flipping business.
Where to find good domains
There are lots of online portals that you can use to get your domain names. If you are hand-registering your domain names, you can use some of the big registrars that tend to have very low prices especially for bulk purchases. Some registrars also have special membership plans for domain investors which will allow you to get discounts on your domain purchases throughout the year. You may also purchase low cost domain names in the aftermarkets like GoDaddy Auctions, Sedo, NameJet, CAX or Moniker.
How to sell domains
There are lots of strategies that you can employ when planning to flip your domain names in the aftermarkets. One of the most effective techniques is listing your domains in the domain auctions like GoDaddy, CAX, Sedo or AfterNIC where you can get lots of exposure and offers from interested parties. You can also collect email addresses of top investors in your niche of operation using tools like  You can then send emails to these potential buyers asking them whether they would be interested in acquiring your domain names.  Do not jump at the first offer to purchase your domain names as you can always get better offers. You can push your luck as far as is reasonably possible so as to flip your portfolio without getting a raw deal.
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Beware of Online Scams!

Life has undoubtedly been helped by technology. Various inventions offer the ultimate convenience that most people are looking for. Communicating far and wide has become possible through numerous devices and gadgets. Money making is one of the highlights offered by the internet.

The internet is an incredibly successful and useful innovation as it has helped people in countless ways. Nowadays, people can generate money through the web in several different ways. This has completely changed the lives of almost everyone. That’s why those who are living in these modern times are pretty thankful of what technology has to offer and what it can continue to offer in the future.
Making money online has become very popular in the past few years. The greatest thing about these favorable circumstances is that it does not require any kind of educational attainment from interested parties. The things which are required here are simply time and the willingness to learn.

However, you should likewise be aware that there are those dastardly persons out there who would pounce on the desperation of others. Most of them are after the money and efforts of online enthusiasts. They would not pay for any kind of service rendered to them. Thus, here is a simple guide that can help you to be more aware of these common online scams.
Inquiries from Long Distances
Oftentimes, people from different continents will anonymously contact others through emails. This is a very suspicious thing, don’t you think? What on earth could he want when he is miles away from you? People who contact you from different continents may be getting your information from a database and using an unknown number so as to be harder to track.
Requests for Your Financial Information
Most calls from scammers would be to get your personal and financial information from you. You should be wary of these because these are the instances where hackers take full advantage of the information given.
Hard to Believe Stories
Apart from these requests, some emails would contain stories which can be rather hard to believe. It may be one asking for a donation for some cause or it could be a request for a fee because you somehow won a lottery. Whichever the case may be, you should not believe these stories immediately because they are probably scammers.

These are the most common scams that you see on the internet today. You should be more careful in handling these things because one mistake could ruin your financial status as well as your reputation if somehow someone starts using your identity.
PPI scams to watch out for
With millions of people filing PPI compensation claims over mis-sold private protection insurance, there was no question that scammers would smell the money and join the bandwagon in cashing in on the gold rush. The scammers are not targeting the banks. Of course it is very easy for banks to detect and discard fake applications for PPI compensation. They are instead going for the victims, who have already been victimized by the banks and the building societies. So what are the main PPI scams that you will need to watch out for and how do they work?

The UKASH voucher PPI scam

This is one of the most popular PPI scams which is currently going around. You will receive a phone call from a supposedly genuine PPI company informing you that you have won a PPI refund that you probably did not even apply for. The company seems to know your name including the name of your lender and you will be asked to make payments for “administration charges” in order to receive your PPI refund. These payments must however be made by purchasing UKASH cash vouchers at a high street store. This kind of scam is very similar to the advance fee fraud that has hit millions of people in the last decade, which are also known by the name “Nigerian scams”. It is important to note that most PPI companies work on “no refund no fee” basis and you only pay out after you have received your refunds and the invoice from the legitimate PPI company that you used to apply for your PPI compensation.
Other advanced fee PPI scams
There are other advanced fee PPI scams which operate in a similar fashion to the UKASH PPI scams but the mode of payment is different. In these too, you will receive phone calls from a fake
PPI claims company, with the caller often having a foreign accent and knows your name and lender details. The caller will inform you that they can get your PPI refund if you make certain payments via money transfer services like the Western Union or MoneyGram. You may also be asked to provide bank or credit card details before you can get your PPI refunds. Upon giving this information, the scammers will literally clean out your account. There are instances where you can be asked to purchase payment cards like Paysafecards at local high street stores and then send reference numbers to a given email address over the internet. It is important to consider all these instances as scams. If you have already issued personal information, you can make calls quickly to your credit card provider or banks and ask them to monitor your account and halt any unauthorized transactions.

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