25 Comments

  1. Being new to domaining I too got suck into Cashparking, even moving up to the Premium account at 80% share. My initial plans were to park the new names I was aquiring on EBay and see if they obtained any traffic.

    I have to agree to your summary, CashParking is great for
    GoDaddy. After reading the fine print, I see that there is even a fee for withdrawing from CashParking and you lose any revenue you have accumulated that has not been paid out, since they pay a month after revenue generation.

    I have since learned of other parking services and am moving from CashParking. Live and Learn!

    Overall, unless you hav some really great names, generating a ton of traffic and clicks, I do not see how CashParking will profit anyone besides GD.

  2. Do you know another domain parking service? I hear about sedo and park.com. What do you think about them ? I have some domain but not develop it and i think to park them.

  3. I haven’t researched any other services; hopefully someone else can offer some insight.

  4. I have been looking into some of the other services and there is new one I just sign-up with, Domain Embarking, I only have one site there so far, cheapdomainsregisters.com. I have a few nade at Sedo, but most are not that great, so i am looking to develop them myself. One good source for reviews of Parking services can be found at NameMonetizer.com and ParkQuick.com. Good luck.

  5. The godaddy.com model is the worst model out there. There are a number of sites out there that offer free parking services and very low payouts. I have tested a number of them and so far Namedrive.com is offering the very best payouts. Sedo seems to be the most popular but really is pretty low on performance and pay scale from my reviews. Check out more on my site if you want to learn more.

  6. I read your article and found it to be very informative and entertaining. By accident and on a “whim”, I purchased 5 domains on godaddy for $32.99. Not really knowing what I was going to do with the domains, the following day I opted for the CashParking feature they offer. I’m very new and ignorant about the hole domain craze and how to make money from it. But you know what? I made money within four days. At the rate I’m going, I look to make about $365 a year. To me, not a bad return. I also opted for not having adult content or websites on my parked domain. I think they may be a new feature they have added. Yes, godaddy can nickel and dime you to death with he vast amount of upsales, upgrades and upcharges — but I say no to most (99%) and move on.

  7. Bill, Congrats! You must have some prety good names, which is guess is the most important key to domain parking. As I said, some of my domains have done really well with Godaddy, one rason why I have not moved them all; as long you are getting that kind of return it would be smart to stick with it, but do keep your eyes open to other services and methods, you could be making more. Peace

  8. Hi! I need your help. I have a Cash Parking account at Godaddy. I have same results as Carlton Bale:
    Every month 4$ fee but no money, almast no click…
    The question is: How can I cancel my Cash Parking account? I cant find this option.
    Thank You for your help.

  9. Zoli: Just look around Godaddy.com or read their help pages. I had no issues deleting the CashParking account.

  10. GoDaddy sucks period! My husband tried them out, and without telling him they knocked several domains of his out of their system so that when you go to the domains (sites) it says “Site is unavailable.”

    After ages online and on the phone with tech support, their answer – “Those domains were getting too much traffic.” No, he was not clicking himself – they had his IP number so they knew that. They said he was not allowed to advertise those domains on any other sites he has or link to those domains from anywhere else. You’re also not allowed to submit them to search engines. How is anyone supposed to find them???

    GoDaddy’s cash parking is a cash grab on their part – they’re scam artists!

  11. WhyPark.com looks promising…we’re looking into it. I saw a good review by a site that rated various domain parking services.

  12. Go Daddy sucks. Cancellation fee is $15.00. I have several “good” names that Google has bidding @ $3.5 – $5.00/click, yet never got any traffic. They currently have some of my money, I didn’t meet $ amount for check. They are unsure how they are going to get the funds to me. I going to move my domains as soon as this issue is resolved.

  13. Yes, it doesn’t make good business sense for anyone to pay GoDaddy for the privilege of allowing them to make money on your web site. If it is profitable , why are they charging you a fee?

    GoDaddy, at first, wouldn’t allow me to register at their site, because my web-site was “associated with porn.” The domain name was not even close to anything related to porn, and neither was any of the content. I was outraged. I wrote an angry letter and sent it to them via the US Post Office, and got a nice reply soon after from them denying any knowledge of anything, etc., and welcoming me to their website.

  14. Thanks for the review, I appriciate it.

  15. Yeah I was thinking of trying them last year myself. And I also tried Google Adsense for Domains. Anyways, both are not worth it because you lose control of the domain and content. Plus they get a percentage of your earnings.

    It’s $4 a month and you only earn 60% of revenue. That’s crazy.. and that’s PER domain.

    I think a better way is using http://www.instantadsensemachine.com and you earn all the revenue, it takes less than 5 minutes to set up and you dont have to touch it again, and plus you keep all the revenue. You can use it with adsense, affiliates, etc. Easy as heck.

    Go check out the free demo at the site or download the free trial.

  16. I’ve had a similar experience to the one listed above – 9 domains, $0.72 after 4 weeks… I’ve just obtained some more domains for a project I’ll be working on so I’ll see how well they do, but so far I’m not even going to recoup my monthly fee. It’s also worth noting that only 2 domains are actually making any revenue at all…

    Oh, and to correct the obvious shill above (yes you, Scott), the monthly fee is NOT per domain – the $4 flat monthly fee stays the same whether you have 2 domains or 200. There’s enough legitimate criticism of this program without making stuff up.

  17. I’ve tried godaddy’s cashparking years ago when it first came out. Back then, I confirmed it with them by phone that it was OK for me to promote the cashparking page. It was OK with them at that time but now I cannot find any domain parking company which allows promotion of the domain while parked with them. I first tried promoting the site with pay per click at a one penny bid to drive traffic to the site, and at that time all I could get back in return was 50% of each dollar I spent on advertising. For a very short time I started to see about a 4000% increase in my revenue, and I think it was due to an article marketing campaign I started. As soon as my revenue surged my pay per click I was receiving was reduced from about 11 cents a click to 1cent a click, and I stopped promoting it. All in all, every attempt to make money online has been a futile endeavor for me.

  18. Thanks for confirming my suspicions. I figured, I’d register my domains with GoDaddy and then host and everything else with other vendors. I had a feeling their CashParking comparison was aggressively optimistic since I doubt most average users have 100 domains. If they were actually making money from the traffic, they’d be happy to have you spending your time and money promoting your domains. The reality is that they want your money without having to provide anything, not even a bit of bandwidth.

  19. VERY INFORMATIVE, Thank you, I believe you just saved me a few bucks. Is the only way that you are expected to generate clicks, is for folks to enter your URL directly? How do they expect you to be found?

  20. I tried GoDaddy Cash parking as well and had the same results. I have ended up switching to Google adsense, which parks my domains and has revenue sharing for free.

    1. Author

      I switched to Google AdSense as well. After getting the GoDaddy.com DNS settings adjusted (using the Google instruction), it works well and costs nothing. If I’m lucky, I’ll be able to cover the annual domain renewal fees.

  21. I have used XINNET for the past 2 years. I fedup with those service I have lot of issues with the websites. Now i transfered to unlimitedgb now it is working fine. http://www.unlimitedgb.com

  22. Thanks for the empowerment! Good luck everybody!

  23. Author

    Comments on this post have gotten off-topic. Since this is an older post, comments have been closed.

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