CA West IVMaker, Tech-Enthusiast.

Is parking a domain a viable business model?

I bought a domain that is a misspelling of a very popular it worth parking to earn revenue?
Founder of Songbox
@arthur_west_iv I should have added: I have owned hundreds of domains over the past 5 - 10 years. No-one pays crazy money for them anymore and parked pages don’t generate anything. There is always an exception to prove the rule, so why not go park yourself a domain and see what happens.
Maker, Tech-Enthusiast.
@mickc79 10-4 thanks for responding.
Founder of Songbox
@arthur_west_iv in the vast vast vast majority of cases, no. Your question specifically states “a domain” so I’m treating this as the question is about one single domain. Unless you own something that ridiculous numbers of people will flock to organically, then no.
Phố Đồ Gỗ
Director of Digital Marketing
@arthur_west_iv Most large companies that want to buy domains already own them. Startups mostly think of alternatives to their preferred domain. Unless you bought the domains already, it's probably not worth investing in
@arthur_west_iv so many GTLDs now that it's not worth it.
@arthur_west_iv yes, if they have SEO value, if you can "rent" links to people or have a 301 that rents parked pages then thats the best way to do this.
@arthur_west_iv Something you can try: contact the competitors of the misspelled domain, and see if they would bid on it. Then contact the misspelled company, and get them to counter-offer.
Growth Rangers -
@arthur_west_iv Thanks for the question. Was in a similar situation. I have my answer now.
Building cool things on the internet 🛠️
@arthur_west_iv You should be ashamed of yourself for asking that question (if you are considering doing it as a means of income).
@nickparsons what do you mean
i build, there for i am.
@arthur_west_iv Would love for you to check out
Founder, Founder
@arthur_west_iv Chiming in here based off experience with a few individuals I know. One has nearly 1,000 parked domains. From what I've seen, the domains that sell best (most frequently and for the highest price) are NOT misspelled variations of pre-existing websites/web apps. They are domain names which are named after a company or individual but were not taken, presumably because the company or individual did not think to grab it initially. Second, although much more uncommon than the above, the domain is the same as a popular website/app but has a different TLD (e.g., .net or .org instead of .com). TLDs introduced after 2000 seem to sell almost never with this method.
@arthur_west_iv No one pays a crazy money for domain parking. If you have good traffic, the best option is make 1 page website and put some google adsense ads on it.