The domain community is still trying to digest the recent step taken by Google to open the domain parking channel directly to domainer owners. Domainers can’t seem to have enough of the discussion.

Domain Parking can be a great way to make money without lifting a finger. The parking company already designed the template and supplies the ads. Mostly likely, the hardest thing you would have to do is to simply point your domains to the parking company’s servers.

As parking companies become more unscrupulous and brazen in their practices of unfairly splitting revenues, a lot of domainers are now actively looking for alternative methods of monetizing their domains and websites.

A lot of people are talking about development. Development can be quite exciting, but it does cost time and money. When you develop a website, you need to find a way to let the website earn you money while you sleep.

Unsurprisingly, it seems like the default method for most domainers is to stick a bunch of Google ads in the corner of the website and then hope for the best. People do make money from Adsense. Some earn very serious incomes as well.

However, you have to have loads of traffic hitting the website. The design and feel of the website also play a key part in having visitors noticing the Google ads in the first place, before they can even click on the ads. This takes a lot of tweaking and skills. This method of earning serious money is not child’s play.

However, there are quite a few ways to monetize the traffic going to a website.

Affiliate Marketing
This is where you sell other people’s stuff. You simply place a link or banner on your site, and if your visitors click through to the affiliate website and make a purchase, you end up earning a commission. We will update our eBusiness Resources area soon with some great affiliate networks you could join.

Sell You Own Product
This is where you could sell your own products and/or services, such as accountancy, ebooks or wedding planning services.

Dropshipping
This is where you would accept the payment for a product, and then have the manufacturer deliver directly to the customer. This saves you having to hold inventory or to ship products. You spend more time marketing, rather than offering customer services.

Software and Info Products
If you have software development skills, you could create and sell your own software/script.

You could also create an info product, such as an ebook on a subject matter that you have expert knowledge in.

Become a Reseller
This is where you obtain the rights to resell a product. This can be quite costly for you to buy the reseller rights/licence, but if you choose the right products and promote them well, this method could be far more profitable than affiliate marketing.

Summary
Regardless of what you choose to do, you could end up making much more money than what you would have made via domain parking. In some cases, you don’t even need fancy websites. Just a very good sales pitch.

To be successful in internet marketing using your own website, you will need to master the art of branding. The very first step in building a successful brand is to acquire a quality domain name.