Can I Generate Cash Flow With GoDaddy’s CashParking?
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I qualified to join GoDaddy’s CashParking plan free of charge a few months ago because I owned more than fifty domain names with GoDaddy. I put ten of these domains on the CashParking plan a couple months ago. I did not see $1 in income yet. Last night I added 20 domains to the CashParking plan. I will report the results here in a month; you’ll hear from me earlier if I make any significant money through this plan.
I had not developed any of the URLs previously, and this is the first time they are being cash parked. These are important facts to note and the main reason behind this performance.
This is a case study, I will optimize the URLs and keep posting the progress here. The case study will end in 6 months when I will revise my decision to cash park those domains.
Had I had to pay for the CashParking, GoDaddy’s fee to enroll in the CashParking program would’ve rendered my <$1 obsolete. GoDaddy’s competitors that offer free CashParking may present a better option. I will write more about these other Cash Parking in a future article.
Future articles will be published to document my ongoing experimentation and research into Cash Parking. For now, here’s a link to GoDaddy’s CashParking plan: https://www.godaddy.com/gdshop/park/landing.asp
Ethan
