What Makes Domains Valuable
January 10, 2016
What makes these domains of value to the online community? How can the value be determined? These are two very good questions…
Here are some reasons why domains are valuable …
Domains create #economic and #business #opportunities… opens the door to access an abundance of information for many! #lovingit #domains
Those are good reasons. However, this reason is probably near the top … domains are required to get online!
Without a domain, you get … “Page Not Found” or a similar message… The navigation requires a domain name to be successful in the online search.
Now what makes any extension valuable? The same reasons and more. Everyday we report on the top seven extensions…
.Loan … It will have businesses on it’s platform engaged in the #loan #business …
.Club will have communities or organizations using memberships. And, of course clubs, clubs of all types for many groups in any location…
.xyz is for any group, business, company, firm, legal or medical, schools, church, non-profit and many more.
Why do so many domains drop or are removed everyday if they are of value? Reasons are as varied as the number of people who registered them.
What factors determine value…
Some of the factors that determine value are the domain, extension, length (not always) spelling, purpose, what’s on both sides of the dot and more.
To learn more about a specific value, one will have to look not at the extension … look at the specific domain itself.
For example, look at this domain: ksnrpposhentoksunelmsjemks dot com … Now look at this domain: abcdefghijklmnopqrstuvwxyz dot com. Can you see the difference?
Do an online search at a Registrar for the first one and notice they are all available. Why? There’s not enough value to get the desired job done.
Now search for this one: abcdefghijklmnopqrstuvwxyz dot com they are all nearly gone. Why? It’s value as the 26 letters of the Alphabets.
Domains also records accomplishments of historical figures, birthday, changes in populations, formation of countries, meeting, awards, contests and events.
Domains also helps to identify individuals and groups whose life mission is to help mankind navigate the many challenges we face everyday.
Domains also tell us what to do when we are having a not so good day … #comedy #smile #LetGo #hugs #kisses #children #travel
Registrant also determines the value…
The reality of the registrant also determines the value. What value does the person place on a domain. What are they wanting to pay for it…
Like the 1st one mentioned. If someone paid 25K for it within minutes the .net would be gone and the .org and the .info and so on…
Domains can be like art … One sold at a garage sale for $2. Then it was appraise at the Antique Show for $300,000 … It’s the buyer and what the buyer is willing to pay.
What everyone should always consider…
People should consider building their businesses around domain names. The problem most have in today’s world is they decide on their business and then go looking for a name. They should find the domain name FIRST and then build the business around it.
Invest in the best domain …
When you can, you should invest in the best possible name and spend the most money that you can afford. Relating it back to the retail world, think about it like a store location.
Having a premium domain name is the equivalent of buying the best building on corner of the best street on the busiest intersection with the best foot traffic. When business owners purchase great domains and then place their website on it, they save thousands of dollars on key word cost and generate more business. Build your business around a great domain name.
Everyone should secure the best domain they can afford to get the job they want done. It all starts with a domain … not end with a domain.