Adsense for Domain is now Available to almost all Adsense Publishers..if not, then they are busy rolling it to you.
What is AdSense for domains?
AdSense for domains allows publishers with undeveloped domains to help users by providing relevant information including ads, links and search results rather than see empty pages or “page not found” errors.
If you have undeveloped domains, then AdSense for domains can help you make some income. To get started, visit your adsense account and click on “AdSense Setup” and then on “AdSense for Domains”, and follow the instruction.
Previously AdSense for domains was only available for people with huge portfolios(large number of domains, with high traffic). With the opening of adsense for domain to all adsense publishers, even if you have 1 or 2 domains laying around you will now be able to monetize it with adsense.
Never think that you can make a living out of monetizing your undeveloped domains, even if you are having hundreds of domains to monetize. Its good enough if it earns you some good income so that you pay the yearly domain registration charges.
But if you have a already popular domain with TLD (extension) .org or .net etc and if you park the same domain with .com extension, then chances are there that many of your visitors may landup at the .com domain by mistake and you may start seeing more earnings from the parked domain.
When Darren Rowse started blogging at problogger.net and established a great readership and a huge traffic to his blog, problogger.com had no content(it was an undeveloped domain), yet it ranked very high in Alexa and was receiving a lot of traffic. In such a case if the .com domain is monetized with adsense for domain, then it will yield more income! –> Just an example to clarify. Darren bought problogger.com domain and redirected it to problogger.net later.
Nevertheless, adsense for domains is by far the best way to monetize your undeveloped domains. We have tested with other ad network and they perform very poor and the ads delivered are also not contextual..now wondering how can adsense for domain deliver contextual ads when there is no content on the blog!
Google probably takes into consideration the name of the domain. If your domain is mp3zone.com then the ads served are mostly related to mp3. And if a user comes from search engine then the content matches to the search term.
For a detailed step by step procedure to setup your adsense for domain follow the link to support page.
To check whether AdSense for domains has been enabled for your account, log in and visit your AdSense Setup tab