CashParking with GoDaddy – Features and Advantages
CashParking feature by GoDaddy is a very efficient method of making money online by parking a domain. Many a time, several individuals get stuck on an innovative and smart-looking domain name that has no relevance whatsoever to their line of business, but seems purchase-worthy for the potential price it can bring in the future for sure. However, months pass by and several of these domain names remain idle and inactive, serving no purpose at all. CashParking facility was brought forth by GoDaddy for the benefit of those own one or more of such idle domain names, so that their owners can earn money with their help, before they decide to list them for sale yet again.
How to Generate Revenue
Wondering if you can make money online from a domain name without even building a website? The answer is in the affirmative, thanks to the innovative CashParking feature by GoDaddy. CashParking refers to an online domain monetization system, wherein a few advertisements are placed or posted on these idle domains. A temporary webpage appears to the viewer when he or she enters your domain, and each click on the ads placed on it brings you revenue. This ‘pay-per-click’ advertising model can turn your idle domains into moneymaking ventures, thanks to the cash parking facility.
The ads placed are always relevant to the context, and hence the chances of the visitors clicking over the ad links are very high. One need not register their domain names with GoDaddy in order to be able to park them – unregistered domain names can be parked as well. The revenue sharing model for the sites parked with GoDaddy is as simple as possible – there are no hidden fees, and the sharing percentage is pre-fixed, enabling one to make money from their domains in a hassle free manner.
Types of Domain Parking
One would need to choose from two CashParking plans available at GoDaddy – basic and premium. The basic plan allows one to retain 60% of the advertising revenue from the parked domains, whereas the premium plan offers a whopping 80% revenue to the domain owner. In addition to the profitable sharing ratio, a premium plan subscriber can also avail free membership for participation in GoDaddy Auctions, apart from five free express appraisals. Both the plans are available for a monthly as well as yearly tenure, and the sceptical ones can try CashParking for a month before choosing to enroll for a year.
