A Seller Of Marijuana-Related Domain Names Expects A Very Big Year
Drew Riegel makes a six-figure salary in the marijuana business without touching the plant, holding any physical inventory, or hiring any employees. Instead, he closely watches the development of the emerging industry, identifies the web domain names the players there might want, and buys them. Keeping about 1000 names at a time, he sells them to companies or individuals, through his web site MarijuanaNames.org. He keeps some names for himself and uses them to create web sites offering marijuana-related content that link to other web sites where customers can buy related products. Riegel receives a percentage of those sales revenues, a common internet practice called affiliate sales.
Some of his current favorite holdings right now are marijuanabook.com, marijuanagrowlight.com, and marijuanalawsuit.com.
Website names are important because Google does not allow cannabis advertising and key word sales. Because of this...
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