Advice You - Internet and Businesses Online

This truly is the business to get into in 2005. It's a red hot opportunity that savvy investors can make a killing on when you know how. And this article will walk you step-by-step through the money-making process.

Don't be put off by the term "inves

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

tors". I'm not talking big money down here. As long as you've got a spare ?5 a week then great money can be made for only half an hour of your time. Like the sound of that? Thought so.

There's a few ways you can make money buying domain names and sel

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ing them on for profit. And I mean PROFIT. You'll see why people will be scratching at your door to buy off you in just a moment.

Let's start with the basics.

All domain names are only registered for a limited amount of time.Registrars can choose to

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

use the name for a period of between 1-10 years. After this the rights to these domain names expire and the user has to renew the name again. If they don't do this it will be placed on hold for a short time and then deleted. This means it is then avai

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

lible for anyone who wants to buy it!

This Is Where You Can Cash In!

20,000 expired domain names are made availible each and every day. Some of them are very attractive and well-established names.

Example. Last year the owners of Race.com carelessl

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

didn't renew their registration fee. It was grabbed (the term used to describe purchasing an expired name) by a savvy 'investor' for a few pounds and sold for thousands and thousands back to the old owner.

The owner was willing to pay huge sums for

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

o the investor because he had built up qualified traffic over X amount of years and didn't want to lose all the previous custom.

Now I admit that making a sale for thousands is rare, but is certainly possible.

The likeliness is that you can buy a do

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

main name and register it for ?5-?50 and then sell it on for anything from ?150 - ?1000. Do this with five domain names a week, and your looking at a big sum of money for only a couple of hours work.

It's not just businesses that have carelessly let

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

heir domain name that will buy off you. It's other businesses too that will buy the name to get the old owners' traffic. It's a legitamate way of increasing your customer base.

And if the old owner and a new potential owner get into a bidding war...w

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ll..the sky really is the limit.

So there's two main reasons why people will be willing to pay YOU a couple of hundred pounds for a domain name.

a) They carelessly let the domain name expire. That means that they will pay you to get the name back to

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ensure that they don't lose their existing traffic that they may have built up over years and years.

B) They are a business in the same field as the one that has let the name expire and therfore will pay you to secure the exisitng custom of a rival.

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

Here's step-by-step how you go about this fantastically profitable part time business.

There are several sources of expired domain name information and reserach tools, some free and some that require a payment of a fee.

www.wehavethem.com supplies

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

ists of names due to be deleted. Www.DeletedDomains.com allows you to do some searching free and more extensive searching for a $99 annual fee.You can search for names that are due to be deleted and also allows you to bid on newly deleted names that h

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ve already been grabbed by other 'investors'.

What you are looking for is an expired domain name with traffic in the last month of anything over 1500. Ensure that the site is an actual consumer site. There's no point buying a domain name if the previ

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ous site wasn't selling any goods.

If you see a site that had tens of thousands of visitors in the last month GET IT. The likeliness is that the previous owners will be itching to get their name back off of you due to its obvious success.

Also if yo

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

see a name with a large qualified traffic thats due to expire and has a high traffic volume use an automated grabbing system such as www.snapnames.com and www.pool.com. These will ensure the second they become availible you will have registered them.

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

The cost is about $60 but only if they get the names for you. Definately worth it in my eyes.

Remember you could easily sell the name for hundreds, maybe thousands.

In part 2 we'll take a look at how you go about selling the names once you have acqu

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ired them. But in the mean time here's a few domain names which were up for sale at the time of writing this article. Now obviously not all names sell for this much, but it's a very real possibility that you could stumble across a gem in your business

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

my.com $750,000
lovelife.com $350,000
fights.net $16,000
diet.us $35,000
askdoctors.com $7,500
dietary.info $6,000
lovemaking.info $10,000
textmeassage.net $17,000
ejobmarket.com $1,800
smokers.tv $5,000<

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

r> teens.org $22,000
raregifts,com $20,000

The profits in this business are like no other. Now it's your turn to get your hands on your share in the billion dollar industry of buying and selling domain names.

Until next time...

Jonathan Stree

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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