Using a good domain parking services to monetize expired domain names seems to be a neglected aspect with a number of domain names traders. Domain parking is also an unfamiliar concept to many inexperienced domain name traders. Domain parking is one of the most simple and straightforward monetization techniques in the domain trading industry. With this method, you can have a number of advantages and benefits like:

a) Domain parking offers a stream of ongoing source of income. Though the income earned is very small, you can park a number of domains to earn income from each of them.

b) Domain parking is a simple method that offers you to recover some part of the investment made in purchasing expired domains names.

c) Domain parking offers you a chance to earn income by the way of commission earned by a click through process.

Procedure:

1) Register your expired domain with a good domain parking service provider. Before choosing a particular service, ensure that you are confirming about the terms and conditions, the rate of click through commission and the type of web page they provide.

2) Once you ascertain about the authenticity of the program, you can register for the service by paying a small registration fee.

3) Once you have a confirmed account, the domain parking firm will allot a dedicated web parking page for your expired domain. The page will contain a number of sponsored links, advertising banners and a search box on the top of the page. Premium domain parking services may even insert relevant articles, snippets and content on the page.

4) Once your parked page goes on air, you can expect a small flow of income within a few numbers of days. This income may rise very slowly over a period of several days.

5) You can earn advertising revenue for the traffic generated by your parked page. Some domain parking agencies may share a small potion of income generated, while others allow you to float your Adsense links and keep the entire commission with them.

If you have a series of dead and useless expired-domains in your inventory, domain parking is possibly the best method of extracting money from them. The usual cost of a typical domain parking service may range from $5 to $10. Some of the famous domains parking services are Parked Gold and Godaddy. A good and efficient landing page is a mandatory requirement, if you want to attract more numbers of site visitors. You may wish to park your expired domains with a number of domain parking services. This will allow you to derive maximum possible revenue from your domains. The pay out rate varies among different parking firms. It is possible to mix and match your expired domains with these domain parking firms. In all, domain parking services are an excellent opportunity to create the first viable income source for your expired domains.