Are Premium Domains Worth The Investment
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PHPInjected said:Well, that depends.1. What are the .com, .net, .org versions of the domain you’re buying doing with their branding? Are they taken or do they have something built around them?2. How long would it take you to earn that money back?3. You need to check what content has been done to that domain in the past.4. Has it ever been penalized? Check the who.is and the archive.org for other shady things that might have been done such as long periods of nothing and random spammy redirects.
Swimmer360 said:Hello,I am strongly considering spending $1800 on a premium domain but unsure if it is worth it? I am a local business and contains an umbrella keyword the keyword would be hardware . *it is not hardware, but this is an appropriate analogy *I have a few reasons for doing this… I offer a quality, physical product, that I mainly sell via facebook, craiglist, offerup, other local sites. I do not have any web presence at all.the name works well for what I am doing.I would like to start building a home base, my own “brand” I feel that if I started slowly adding to this domain, business name, etc. It would be a great investment long term.the name is easy to remember, i.e. mr smith and mrs smith are laying in bed… “honey, we should really buy another 30 of X product, lets call ABC business tomorrow, do you remember the name of the guy we bought them from last time?” easy to remember, catchy, etc.any thoughts? thanks
How To Know If A Domain Is Premium
The biggest giveaway will be the price. Domain pricing can vary depending on which extension you use, but for the most part they will fall within the $10-$30 range. When you see a price that is drastically higher, chances are youre looking at a premium domain.
Searching for easypasta.com on Hover, we can see that the domain is more expensive than all of the other listings. It also explicitly says this is a premium domain, which should add more clarification.
Premium Domains For Various Industries
Every industry has different related domain names. Being creative while searching can help you zero in on the best domain for your brand and business needs. If you have not started your business yet, it may be wise to search for available domains before locking in that name.
Go ahead, give it a go:
If you are involved in audio broadcasting, radio.tech shows as available as a premium domain name. Podcasty.com and podcast.tech are related names that could be a great choice.
If you work in career coaching or job placement, career.club, career.store and career.tech are premium domains that could act as memorable and easy-to-find choices. Careercoachnow.com enables you to stay in the .com space with a direct search engine match to the term career coach.
If your business is focused on one city or geographic area, consider adding that to your domain name.
A delivery service in Chicago could buy the premium chicagovan.com. A real estate company in Texas might want to scoop up texashouse.net. If your business is located in either of the Portlands portlands.com is a top premium domain.
Choosing a domain that explains exactly what you do is also smart.
For example, a whitewater rafting company might want whitewaterraftingtour.com. While this name is a little longer than a word or two, it is an exact match to what people are probably looking for. If your business is focused on the environment, something short like the premium ecoit.org is a perfect fit.
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What Exactly Is A Premium Domain Name
CEO, VPN.com: The $1M Domain Name – We help brands, entrepreneurs, politicians and athletes acquire premium domain names for their vision.
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When planning a website, people often wonder exactly what a premium domain name is. After all, don’t all domain names work fundamentally the same way? The answer is yes, all domain names have the same technical function. Nonetheless, some are much more valuable than others. Once you understand what makes premium domains valuable, you’ll appreciate your own need for them.
What Is A Premium Domain Name?
A premium domain name is a high-quality domain that investors often buy and sell with the aim of making a profit. These names have a variety of qualities that allow them to outperform others in the key function of a domain, helping users find the website they’re looking for.
Without domain names, you’d have to remember a long, unique string of numbers to reach a website. Websites use domain names effectively as a shorthand or link to this technical address, making it easy to find them.
However, imagine an incoherent or excessively complex domain name that’s filled with typos and spelling errors. This domain name wouldn’t help users find the website at all. A premium domain name is the exact opposite of this it is memorable and concise, and it minimizes the risk that potential customers won’t be able to find you.
Instant Credibility And Authority:
A good domain name is like a stamp of approval it tells potential customers that youre a credible and authoritative source. A premium domain name can help to give your website an edge over the competition and make it stand out from the crowd. This can be extremely valuable in todays crowded online marketplace.
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Icdsoft’s Opinion On Registry Premium Domains
We at ICDSoft believe that domains should be a commodity service, as reflected in our fair pricing for domains policy. Premium domains are against our fair pricing policy – they are a way to extract more money from domain owners, without putting any additional work, or creating any additional value. That’s why we do not sell premium domains on our site, and in general, we do not recommend their use.
When Its Worth The Price To Buy A Premium Domain
Your domain name defines your business, and choosing the wrong domain can lead to some big headaches.Below well look at a couple of recent cases where companies felt the sting of a bad domain choice, leading them to eventually invest in the premium domain that best matched their brand.
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How Much Should You Pay For A Premium Domain
The cost for a premium domain depends on the perceived value to the buyer and the seller. What is it worth to you to get this specific domain name? Whether you are working with an individual, an organization, or a domain marketplace, you may pay the asking price, or you have the option to attempt to negotiate a lower price.
Theres a lot riding on your domain name, so you want to be confident in your choice. If you have the option of paying for a premium domain for your app that offers increased brandability, its worth weighing the value against the cost.
Want to talk about your app idea? Get in touch and well schedule a call.
Increased Visibility And Branding Potential:
One of the biggest benefits of owning a premium domain is that it can help to increase your visibility and branding potential online. A good domain name is easy to remember and helps to create a strong first impression with potential customers. As such, it can be an invaluable tool for improving your online presence and increasing your customer base.
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Premium Domain Name: Their Value And Why They Cost So Much
Why do premium domain names cost so much? What is the difference between a premium domain name versus a domain name?
Domain names are quite powerful entities in the world of the internet. In fact, they can make or break a business when an owner allows the domain name to expire.
If the owners fail to pay the domain name renewal fees, then the domains become the property of the domain registrar.
You may know this or have already experienced this costly lesson.
Nevertheless, expired domain names become available to the general public once again if no one purchases the domains in a public auction.
Expired domain names sometimes become the property of domain investors, known as domainers, or sometimes trademarked expired domain names end up in the hands of unethical cybersquatters.
However, no matter who owns a given domain name, there is a different class of domain names on the market known as premium domain names.
Typically, premium domain names were registered in the early to late 1990s. Some of these domains are actively developed. Others are parked, and a small percentage simply doesnt resolve to a web page.
In most cases, many of these valuable domains are redirected while others are parked in hopes that someone would come along want to purchase the domain name for their business.
How Much Does A Premium Domain Cost
There is no definitive answer to this question. The price to register a premium domain is set directly by the registry based on the estimated value of the domain. Why they put a particular price on a given name is not public information. Existing domains that are considered to be premium are priced solely by their owners. Regardless of the type of domain you want to buy, registry or aftermarket, the initial price will often be quite high â either to register, or to acquire and transfer the domain. The renewal price is usually the standard one for the particular extension, but this is not always the case. Registries sometimes set a renewal price that can be equal or close to the registration price. If you decide to buy a premium domain, you should check how much you will have to pay the following year as well, not just for the initial purchase.
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Your Domain Name Is Part Of Goodwill
While the upfront valuation of an online business may appear to only consist of two variables , at the tail end of a website acquisition, buyers and sellers are required to assign values to the various parts of the acquisition price. Most of the time, the majority of the purchase price is assigned to goodwill.
How To Get A Premium Domain
Premium domains are high-value domains that have the potential to become popular web addresses with strong branding opportunities. The corresponding label is shown for such domains at our Domain Name Search:
Usually, premium domains are short, easy-to-remember domain names with popular extensions. They may come with a significantly higher domain registration price, and in some cases, they may have a higher domain renewal and transfer cost as well.
How do premium domains work?What happens after the purchase?
- Registry premiums will be provisioned to your account right away.
- Domains sold by existing owners may need some time to be transferred to us since a third party is involved.
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- If the domain name is with a Registrar that supports the “fast” transfer, the domain will be carried over to your Namecheap account within several hours after the initial 24-72 hour verification process. As soon as the transfer is complete, you will receive a corresponding notification from us.
- If the fast transfer option is not available, the regular transfer process will be followed. It may take up to 10 business days to prepare the domain for transfer on the side of the seller before we actually start the transfer. Once the transfer is initiated, the domain name will be moved to Namecheap within 5-7 days. No special action is needed from your side.
PLEASE NOTE
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Know When Paying For A Premium Domain Is Worth It
Your domain name has a big impact on your business. Choose the right one, and you have a brandable web address that people remember. If you select the wrong one, you risk obscurity or confusion with your prospective users.
When you go through the process of picking your domain name, you may find the best option is a premium domain. This guide will share what you need to know about premium domains and when paying for one is worth it.
What Qualifies A Domain To Be A Premium Domain Name
Premium domain names are the most valuable and sought after domain names in the world.
They are one or two-word domains, mostly one-word .com domains, that are short and memorable.
In addition, premium domains can easily command high visibility across major search engines and draw global traffic for businesses that utilize such search-friendly gems.
Before you go out declaring premium domain names, keep in mind that not just any ole domain name can be considered a premium domain name.
The keyword of a domain is of absolute importance. They determine the actual value and premium classification of the domain.
Consider natural and single-word .com domain names like InternetMarketing.com, SEO.com, or this list of premium domains.
Do those domain names sound appealing?
They should if youre an internet or search marketing company.
Truth be told, there is very little chance for these domain names to be available for an affordable registration.
Currently, 400 million .com domain names are registered across the globe. This number changes daily by the millions.
Some person or a business registered a similar premium domain years ago. This likely occurred decades ago when you were probably yet born, still attending school, or had absolutely no idea of what a domain name was.
Now that time has passed and just like every other investment and asset under the sun, your business can expect to pay hundreds of thousands or even millions for these types of premium domain names.
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Enhanced Security And Protection:
Domain names are a valuable asset and can be worth a lot of money if theyre well-known or high-traffic. As such, its important to protect them with the right security measures. A premium domain name comes with enhanced security features, such as domain privacy and protection from phishing attacks. This can help to keep your website and its data safe and secure from online threats.
Stop Spending Your Money On A Premium Domain Name You Dont Own
If you are not a brand, you are a commodity – Philip Kotler
Your desired .com domain name is taken. So what? Just add another word! Pick a fancy new extension! Put a dash? Anything can work, it doesnt really matter, does it? I mean, Tesla had TeslaMotors.com before getting Tesla.com, Slack had SlackHQ.com before Slack.com. Even the best domain name in the world will not save you if your product is not good. Success is not an accident and is usually the result of a lot of hard work. Sure, an exact brand match .com domain might make it a bit easier, but do you really need it? Is it really worth it? You have an excellent team and a genius product. You dont need to spend your cash on an exact brand match domain. You dont. But you will. You just wont own the domain at the end. How so?
Credibility and trust
We are so overloaded with information nowadays, it is really hard to get people to notice and remember a new brand. You are called Example and you want to get people to recognise and remember your brand, but you want them to type in getexample.io to reach you, every single time? You are going to feel that in your pocket. You will be paying for people to remember you, for the time they spend on confusion, for the emails you will not receive because they were sent to the exact match domain. You think losing cash on all that is bad? There is worse – you are loosing trust, credibility and respect. How much does that cost you?
Brand fragmentation
Risk of rebrand
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