With the new GTLDs launching soon we are going to see a swarm of businesses and individuals running after new domains in the hopes of finding a pot of gold. In the elite industry of domaining you are going to notice that most of the new domainers looking for the needle in the haystack are going to stumble and fall.

With so many domains being launched with the new GTLDs and such a small chance of striking it rich form typo traffic new domainers are going to have to be creative finding inventive ways to monitize the domains they purchase. So if you are looking forward to the launch of the new GTLDs don’t expect to find very much typo traffic, you will need to build good sites that generate organic traffic to generate a healthy income.

Just because the domaining realestate market is getting bigger and you are taking part in it don’t expect to become rich like many did in the early 2000s.

Domaining is An Elite Industry. Like it or Not! | The Rick Schwartz

There are two basic groups in domaining. Those that make money and those that would like to make money. Whether we like it or not, it is a very small group that actually makes money. An “Elite” group. Not that they are “Elite”