Can one earn from just domains, yes one can earn a very good amount of money even if he does not have a website, but he has domain. In this blog, we will look into cashparking and why cashparking can be a good source of passive income. Some of the companies, which promote cashparking are Godaddy, Redserverhost, hostgator and hosting4less. We will be looking at Godaddy parked domain services in detail as it has attracted the most number of customers across the world and there are many people who have started generating a good amount of side income.
What is CashParking?
CashParking is a service that lets you earn money on your parked domain names. If you associate your domains with your CashParking account, our advertising partner places context-relevant advertisements on your page. Each time a visitor clicks a displayed advertisement, you receive a share of the generated click-through revenue based on your CashParking plan (60% to 80% of the generated revenue). The amount you receive and the price you pay for the CashParking service depends on the plan you select. You can add an unlimited number of domains to your CashParking account.
Parked domains are domains that display a temporary Web page when someone enters your domain name in a Web browser.
GoDaddy is having the best cashparking service available with them. Anyone who has more than 4-5 domains parked under cashparking in godaddy can easily earn up to $100 – $500 in a month or even higher than that. Taking cashparking service for a single domain starts with $30-$50 for a month, but it can go up to $100 depending on the domain name. Moreover, there are 2 services under cashparking, 1) Standard, 2) Premium. In Standard, you earn 60% of advertising revenue on your parked domains. In Premium, you earn 80% of advertising revenue on your parked domains.
How Cashparking works?
There are in all four steps which one has to follow for cashparking service to run smoothly, below are the 4 steps.
1) Pick a plan that works for you
Figure out how much you want to earn (and what you want to pay) and choose the plan that feels right.
2) Add your domains to your cashparking portfolio
There’s no limit to the number of domains you can include, so pile them all in there. The more you have, the more you can earn.
3) Change the nameservers on your domains
Just point them to GoDaddy’s parkweb servers and you’re good to go. It’s super simple, but if you want help, our friendly support team can walk you through it.
4) Do nothing
That’s right, nothing. We’ll set up your pages with advertisements, so you can just kick back and watch the money come in each month (or each quarter for you international folks).
Need more answers on Cashparking
Can I add a domain name registered elsewhere to CashParking?
If you registered your domain name elsewhere, you can monetize your domain name with us by selecting the CashParking plan you want to use and entering your domain name. You must change your nameservers through your current registrar to the CashParking nameservers:
How is revenue generated?
Through our advertising partners, we place contextually relevant advertisements on your parked, CashParking domain names. Each time a visitor clicks one of the advertisements displayed on the page, our advertising partners pay a certain amount. That revenue is split between the service provider and the domain owner, in accordance with the applicable revenue-sharing plan. For example, CashParking customers who sign up for the 80% revenue share plan receive 80% of the generated revenue while the remaining 20% goes to the service provider.
The actual revenue generated when a visitor clicks an advertisement varies and is determined by the specific advertisement on which the visitor clicked. A number of factors define which advertisements display on your page, including the quality of your domain and the amount and nature of traffic your page receives.
CashParking revenue is reported with a delay of up to 48 hours. This delay ensures that the revenue displayed in your CashParking account shows your actual earnings, rather than a generic estimate.
What is click fraud?
Click fraud is a common problem in Internet-based pay-per-click advertising programs. It is the act of clicking online advertisements for the purpose of generating a fraudulent or invalid per-click charge that increases the site owner’s profits. Invalid clicks can be generated by manual action or through automated tools that imitate manual action.
We monitor all CashParking-related traffic for click fraud and take appropriate action, up to and including suspension or termination of a CashParking account, if clicks are found to be invalid or fraudulent.
How is one paid?
To receive commission for your CashParking® account, you must select one of the following payment methods: direct deposit, Good As Gold, or personal check. The amount paid depends on your CashParking plan.
Electronic payment options
- We make payments midway through the second month following the month they’re earned. For example, we pay commission you earned in January in mid-March.
- Good As Gold accounts are subject to a USD $ 5.00 minimum.
Domestic (U.S.) Check Payments
U.S.-based check payments are subject to a USD $ 100.00 minimum. A USD $ 25.00 service fee is applied. If you do not earn the monthly minimum, your total commission rolls over to the following month until your total earnings reach the minimum.
We deduct the USD $ 25.00 service fee from the total amount paid.
Use one of the following payment methods to avoid service fees and lower your minimum amount:
- Direct Deposit
- Good As Gold
Checks are issued on approximately the 15th of each month.
International Check Payments
International check payments are subject to a USD $ 100.00 minimum, and there are no service fees. If you do not earn the minimum in a quarter, the total commission you earned rolls over to the next quarter until your earnings meet the minimum. We send checks to international customers approximately 45 days after the end of each quarter, on the following dates:
- February 15, for commission earned October 1 to December 31
- May 15, for commission earned January 1 to March 31
- August 15, for commission earned April 1 to June 30
- November 15, for commission earned July 1 to Sept. 30
If you cancel your account, a USD $ 15.00 service fee is deducted from the unpaid funds in your account. After all applicable fees, we pay the remaining balance using your selected payment option.
How many domains can I associate with a CashParking account?
You can associate an unlimited number of domain names with your CashParking account, and you can add up to 500 domains at a time. Because you can associate an unlimited number of domains with a CashParking account and conveniently track and manage all of them through that one account, you only need one CashParking account. You can also upgrade or downgrade your revenue-sharing plan at any time.
Though you can make good money from cashparking, but you need to have a detailed analysis on the domain search. You will have to invest time on researching of domain and finalizing it. Ensure you choose a domain, which is having a higher chance of selling. A simple example, if you see a trending technology which you think will boost in coming years and month. Then, I would suggest picking a domain which relates to that technology. I had myself parked 14 domain, out of which six have been sold out and I have earned around $980 in 3 months’ time. You have to be patient as it might take time.