How to Maximize Domain Name Revenue

Maximizing domain name revenue
1. Domain registrars are places where domain names are acquired. Select a domain registrar with a track record of efficient backorder processing and reasonable backordering fees. Domain backordering is a service that enables anyone who is interested in the domain name to acquire it, if the name is ever made available or left to expire by the current owner.
2. Thousands of domain names expire everyday. Inevitably there are highly valuable names that are expiring, too. Domain drop catching services can yield gems of names for reasonable prices. Find a quality drop catching service.

3. Existing traffic to expired domain names is a good source of leads for potential buyers in the industry related to the domain name. Let visitors know that the name may be available for sale, using a single page website.
4. If the domain name is listed in a domain marketplace, such as Sedo.com, focus on selling only a few domains and divert existing traffic from rest of the portfolio toward the sales/auction pages at the marketplace.
5. Add value to the current portfolio of domain names by converting them to profit-making websites. Wordpress is a useful open-source blog platform with plenty of free themes available to use. But make sure to add original content in order to maintain the quality of the site. This step is time consuming, yet most of the work can be outsourced. Affiliate products and ad networks such as Google Adsense must be used to monetize the blog.

How to Put Adsense Ads on Your Website to Earn Money

1. Log on to Google and type in 'AdSense' in the search box. Click on 'Sign Up Now' to open an account. Complete the signup form as directed and click 'Submit Information.
2. Go to the 'AdSense for Content' section to select ads. Choose ads that relate to your site's content and therefore are likely to interest your site's visitors. Follow links on the site that allow you to choose formats and colors for your ads. A selection of ads for your site is called an 'ad unit.' Name and save your ad unit and click on 'Submit and Get Code.'

3. Get the HTML AdSense Unit code. Highlight and copy the code and paste it in your web page.

How to Increase Revenue Solving Customer Complaints

1. CUSTOMER COMPLAINT SOFTWARE: The quickest way to address problems if you are experiencing difficulty with high number of customer loss. Some CRM software or customer complaint software may help in identifying what you need to do and repair the exodus.
2. REVENUE: Recognize that your customer that verbalizes a complaint is doing you a HUGE favor. You don't need to spend money on focus group to find out why a customer is unhappy. Recognize that your customer is your revenue base and they are not leaving yet. Customers with satisfactory resolution to problem will increase your revenue 3x. They will have greater loyalty and perhaps bring in more customers.

3. LISTEN: When the customer is talking do not be defensive. Listen to the vent and try to understand what they are saying. Write down the complaints and let the customer know you are happy they have told you this.
4. VALIDATE and ASK : Validate customer concerns and let them know you are taking it seriously. ASK them what they would like to see happen to resolve their problem. Most of the time customers are reasonable. If a customer is unreasonable you have to decide whether to close the back door on them or not. If a customer has a reasonable solution implement it immediately.
5. PROACTIVE: Do not wait for your customers to complain. If you offer guarantee, implement it before customer asks if at all possible. A strong loyal customer will bring in more revenue. Any perceived losses by being proactive will be offset with increased customer loyalty. Remember normally it costs more to gain new customers than to retain your customer base. Be proactive, if a customer does leave find out WHY.
6. DEFINE CUSTOMER SERVICE: Define and write out what the company considers is great customer service. Refine the expectation and communicate it throughout your company. Excellent customer service can be learned. Go to a company that is known for customer service and ask if you could sit in on a training program. Read books and websites that deal with customer service.
7. Your customers are gold. It takes less money to retain a customer than to obtain a new customer. Enjoy your increased revenues.
8. I had to add this last step, because today I had best customer service from Office Max on a return. The service person RAY was awesome. He smiled, listened and did return in a way that took extra time for him. As a result I took time to ask a couple questions about ad matching etc. I will be back to that store as much as I can now. THANKS