If you like collecting parked domain names and keep them parked with a notice like “this website is comming soon” - why not earn extra money from monetizing your parked domains names.

GoDaddy.com , a leading domain name registrar has launched CashParking - an online domain monetization system that easily lets you earn money from your existing domain portfolio. Each time someone clicks through advertising on your parked pages, you share in the revenue.

How does it work?
You pick the CashParking revenue share tier that fits your budget, add your domains to your CashParking portfolio (unlimited domains names can be added), forward traffic to GoDaddy.com name servers or to change your name servers to the GoDaddy.com parkweb. They show ads on your domain’s parked page and you earn money quickly as per the revenue share you purchased.

Depending on your CashParking plan, you will receive 60%-80% of the generated revenue. You do not have to register your domain names with GoDaddy.com to take advantage of CashParking. Domestic customers will receive payment monthly, while International customers will receive payment quarterly.

Did you know you can also use Google Adsense for Parked Domain Names!

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Google AdSense for domains allows domain name registrars and large domain name holders to deliver targeted, conceptually related keywords and advertisements to parked domain name pages.

Google AdSense for domains’s powerful semantic technology dynamically analyzes domain names and displays targeted ads and related searches based on the meaning of the domain name. The ads are derived from the Google AdWords network.

AdSense for domains customers redirect traffic from parked domain names to the AdSense for domains service, which returns formatted HTML that includes contextual ads and related searches and even XML output for large customers.

Your network of sites should generate 750,000 page views per month to be eligible for the AdSense for domains service. This a unique way to make extra money from your parked domain names. I suppose several big domain name registrars are already using this service.

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The Internet Corporation for Assigned Names and Numbers (ICANN) is launching an evaluation of Internationalized Domain Names that will allow Internet users to test top-level domains in 11 languages and are calling it one of the biggest changes to the Internet since it was created!

A ICANN release says that from 15 October 2007, internet users worldwide will be able to access wiki pages with the domain name example.test in 11 test languages — Arabic, Persian, Chinese (simplified and traditional), Russian, Hindi, Greek, Korean, Yiddish, Japanese and Tamil and establish their own subpages with their own names in their own language.

This will be a big breakthrough in the way domain names are registered. The full introduction of Internationalized Domain Names (domain names represented by local language characters and could contain letters or characters from non-ASCII scripts) will mean that people can write the whole of a domain name in the characters used to write their own language!

The wiki links should become live on the ICANN site in a few hours as per the notice. Stay ready to get the .test domain of your choice.

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I recently got an email from my domain name registrar GoDaddy, notifying me of refund payments on my domain name purchases. Since they already sell cheap domain names, a further refund surprised me. They had credited me for the ICANN Fee overpayment this year.

The Internet Corporation for Assigned Names and Numbers (ICANN) recently agreed to reduce the domain registrar transaction fee from $.25 to $.22 and the benefit is being passed on to the domain name owners. They credited $.03/yr for each domain name registered or renewed dating back to July 1, 2006. However, the credit is only eligible for domains registered or renewed during the listed period.

Well its only a few cents, but is a good move by Godaddy to pass it on to the customers. Did your domain name registrar refund the ICANN Fee overpayment?

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