Before 1995, as far as the public was concerned, the Internet didn't exist. Sure, Al Gore invented it sometime back in the 60's, but the public wasn't really aware of it until Netscape burst onto the scene with their handly little Navigator. During the intial exposure there were mixed opinions about the future of the WWW and the Internet but it is likely that no one seriously thought it would become what it has become today. Each day millions of websites are updated with fresh content and thousands of brand new websites are published. In the midst of all of this a new business opportunity is emerging. Technically it is called domain monetization.

In less technical terms this simple means turning domain names into money. Or rather, using domain names and websites to generate revenue because of the site itself instead of a product or service being offered by the site. The classic example of this is pay-per-click advertising on a website. Website owners place advertisements on their pages and have an agreement with the advertiser such that the owner gets paid a few cents for each visitor that clicks on the ad. Another common technique of domain monetization is the use of affiliate links. An affiliate link is similar to a pay-per-click advertisement but the site owner is usually only paid after the visitor actually purchases something on the advertiser's site.

These are just two of the common approaches to domain monetization but there are many others. A lot of information about this can be found at CrazyAboutDomains.com. The owner of this site has written several articles, based on his ongoing experiences, that talk about the different ways to develop a domain monetization business.

No doubt as this business matures there will be many clever entrepreneurs who figure out more ways to earn dollars. If people start to make tons of money in this venture big business will get involved and eventually lock all the little people out. For now this whole thing is still in its infancy. Those who have time and energy and are willing to do a little bit of work to get into the field may find themselves doing quite well in a few years.

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