According to major registrars, the parked domain business nets over $5 - 8 million each year.
HOW?
Domain pages can be registered for small sums of money with a full refund if cancelled within 5 days. So, you can select a few names and see what happens.
If the “name” is an important one then it could sell for between USD 5000—USD 8 million dollars. If you are lucky you could buy a name that has great demand.
You can at an appropriate time sell the domain name on an auction site. You could either list the names on Ebay.com, Afternic.com, or Ezdomainauction.com or hire a broker to sell the domain for you. One such broker is GreatDomains.com. To give you an idea, domains like internetbank.com sold for $92,800 while a1restaurants just sold for $730.
Now start thinking of domain names!
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