Finding a good domain name for sale can be a little tricky. There are some names that are better than others and I'm not talking about whether or not they are 'cool'. I mean some names just work better for driving traffic than others. For most online businesses buying an existing domain name that someone else has already purchased may make a lot of sense.

For one thing, there is an increasing trend to buy domain names and 'park' them until they can be sold or used. This is called 'flipping' and it's a great way to make money online. Domain names are like online real estate and owning a lot of them can be very profitable. More and more people are flipping domain names, buying the name and then turning around and selling it for a profit. If you can't find the perfect domain name for your business it might be possible to find an existing name and buy it directly from the owner.

There are many sites online that have auctions for this type of thing. Flippa.com and GoDaddy.com are two of the most well known, you can do a search to find more sites or you can ask around for other ideas. Visit forums on domain name flipping and find out what the forum members have to say about different services. Make sure you carefully read the Terms Of Service (TOS) of any flipping site you are going to use.

When buying anything in an auction setting it can be difficult to be right where you need to be when you need to be there. For this reason it's probably a good idea to thoroughly check out the information section of whatever domain flipping site you are planning on using and familiarize yourself with the process before you jump in with both feet. Finding out things like when the winning bidder has to make payment, how payment is made, when the auction will be done and whether or not there is a 'buy now' option are all good things to know before the auction.

If you just can't get the domain name you want in a .com you may have good luck using a .net or .org. There is a lot of debate going on now about which domain extension is best and if you can get the .com version you probably should. But, depending on how you plan on promoting your site, you'll probably have just as much luck with some other extension, assuming you have a really good domain name to begin with.

If you are going to promote your website exclusively online, where people only have to click on a link to be taken to your site, the fact is that they aren't likely to even pay any attention to your domain name anyway so the type of extension you have isn't as important.

Even though the internet is getting more and more crowded and competitive, it's still possible to find great domain names. If you have to visit a website that has a domain name for sale and buy your new domain at auction, go for it. Getting the right domain name is important enough to take the time and do it right.