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I heard many people are earning money via domain parking. Can anyone tell me how?
You do not need to make much of an effort to start making money online with the domain parking business. All you need is a registered domain, and then place some ads on it. When a person clicks on any of the ads that are listed on the domain, have a look at the amount of money that you make with the click.
Domain parking is best for people who had previously registered a domain and then did not have the time to develop it. If such a person is looking to make some money by selling the domain to a prospective buyer, that is the way to go. There is no sense in renewing the domain name over and over again if you cannot make use of it. Either develop a website on the domain or monetize it with a domain parking business. These are the options that you have.
You can even show customized pages on a parked domain without having to manage it. These pages and the advertisements that they contain are created by domain companies who also manage these domains. If you are a first timer in this arena, begin with Google Adsense for domains. For this you will need a Google Ad sense publisher account. So, go ahead and create one if do not have one already. If you do not have the time to post content on your site, try Google Ad sense which is a one step process to make some money on the Internet with parked domains.
If you happen to own a website registered without much content, domain parking is an ideal way for you to earn some money from the website. The only thing that you have to work on is generating traffic, which should not be a big ask for you.
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I have dozens of domains parked. You can of course earn through domain parking but earning from parked domains is not easy. In order to earn from domain parking, your domain name should have high comecial value. You should also get a lot of traffic to your parked domain.