Well I got my auctions up today albeit a day later than I planned simply because I got too busy yesterday but that happens. I have 7 domains up for grabs this week and once again with one of them I have choosen to make it a ‘feature’ domain which will help draw traffic and hopefully bids to the other auctions.

I haven’t really changed much with regards as to the layout of the auctions themselves in fact the only change I have made is to make the logos that I made the default picture in the listings. I don’t really think this will have much of an effect but I guess we will see by the results. Another thing is that the domains will end on what some people consider a ‘bad’ day for auctions to end being a Friday, once again we will see if this has much effect.

I’ve got 2 domains already that will go into the last round of domain auctions but I’m going to aim for between 10-15 just to see how well things can go and seeing as it’s the last round for this method we will see if I can boost the profit margin for a month.

I have read of domain flippers earning thousands a month and I really think it is possible, you have to remember I am just doing one round of auctions a week and only spending a couple of hours finding domains. I think people could really earn some easy extra money doing this. In fact there is another ebook that I want to get a hold of but it’s a bit pricey ($90) so I’m unsure if I will purchase it or not.

Until the next update!

Not much happening today with regards to purchasing any new domains, I’ve scoured through the normal channels today but haven’t found anything which is a bit dissapointing. Bear in mind I am only using 3 websites to find my domains but I know there are a ton of other sites out there that sell domains but I want to get get them as cheap as possible so that I can make a better ROI.

The feature listing that I purchased on one of the domains seems to be working as I already have a couple of bids on my auctions where as with the first round of sales it took 3 or 4 days before they started to get bids. I think if you have a good enough domain it can be a good idea to purchase the featured listing as it does lead to extra exposure with all your domains that you have for sale.

Hopefully over the next few days I can get a heap of domains as I only have 1 that will go into ’round 3′ next week where as I want at least 10 if not more!