Choose a unique domain name
You should choose a unique domain name that is in really high demand. For this, you must go through the highest search words on the last month or last year, as this will show you the recent trends, and then think of a unique domain name, which contains that word. Using a domain name that has the most searched word in a particular field will help you get premium charge.
Check the availability
After you have formed a domain name, check the internet sources for the availability of that domain name. Most of the times, people think of the domain names which have already been acquired by other people. You should also choose the extension for your domain name, for example, if it is going to be a .com, .gov, .edu or .org.
Register your domain name
After you have confirmed the availability of your desired domain name, register it in your name. You can search on the internet for websites that offer the chance to their users to pay the registration fee and get their desired domain name.
Build your domain name
You should invest a little in your domain name as this will help you get more money. First of all, you should hire the services of a web hosting provider and start posting content on your domain names, as this will be crucial for integrating it with Google AdSense.
Attract potential buyers
It is necessary that you should park your domain name. Here, your aim would be to tell the people that this domain name is available for sale. For this, you must change your DNS server to Sedo.
Auction your domain name
After you have attracted a reasonable number of buyers, you must auction your domain name to get the maximum money out of it.