Frank Michlick posts about a trend in purchasing domain names citing articles from Business 2.0 and the Wall Street Journal.
During my discussion with the fellow from Moniker, a prominent SEO mentioned he’d spent $1000 the night before (had to get his fix) buying up domain names for the purpose of parking them to monetize traffic.
To be honest, I had noticed people doing this, but did not realize the momentum it has gained as an advertising practice and method of generating revenue.
Update: Here’s an interesting site I found that offers a way to monteize your unused domains: http://www.trafficclub.com/
Tags: domain names, domainers, domain traffic, traffic monetization