How To Determine The Value Of Your Domain Name
Theory is all well and good, but to find out how much your domain might be worth, youll need to get practical. To do this, were going to show you how to perform a domain valuation in three simple steps.
Bear in mind that these steps dont need to be performed all at the same time or in this specific order. However, what follows is a recommended process that can help you get a clear and comprehensive understanding of your domains worth. Lets get started!
Where Can I Buy A Domain Name
There are plenty of domain name registrars out there, but only a few are worth your consideration:
- Domain.com offers a huge range of TLDs and ccTLDs
- HostGator is both a domain registrar and a hosting company, and allows you to purchase these services together as a bundle
- GoDaddy one of the best-known domain registrars around, plus its also a hosting provider
You can also buy a domain name through a website builder. Website builders are platforms that help beginners set up professional websites, without having to know any code. When you sign up with a website builder, the domain registration process is integrated as part of that sign up making it a perfect option for beginners!
How To Sell Your Domains
Have a few domains you want to sell? Perhaps you registered a domain for your next big business idea that didnt pan out. Or, you might be a domain investor that buys domains with the hope of selling them for a profit.
Every month, people sell millions of dollars worth of domain names to businesses wanting to launch a website on these previously-owned domain names.
If you want in on the action, heres an overview of how to sell your domains for profit.
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Are Domains Worth Money
How much is a domain name worth? Realistically a domain name can be worth any amount but most domain names sell for around $5,000 to $20,000 premium domains, category killers and short domains however can easily command $100,000 or millions depending on a wide number of reasons.
Domain Name Cost: Final Thoughts
The simple answer to how much is a domain name is: it depends on your needs. Registering a new domain should never break the bank, though prices will increase after the first year. But if you need an aftermarket domain, be prepared to pay a lot more. In any case, privacy protection, domain transferring, and auto-renewal shouldnt add much, if anything, to the cost of your domain name.
Generally, the cost of a brand new domain name will be between $10-20 a year, which will fluctuate depending on introductory and renewal prices.
Choosing a registrar also depends on what youre looking for whether thats simply a registrar, a hosting provider included, or a registration with a website builder, there are options for every commitment level.
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How To Get A Domain Name From Domaincom
Domain.com is a reputable domain registrar, launched in 1998. Over 1.2 million websites are registered with them.
Domain.com features the most popular top level domains such as .com, .net, .org, .co, along with over 25 county-specific domain extensions .
They are mostly selling affordable domain names with most names priced in the $9.99-$12.99/year range. If you are lucky, you can also steal a deal and buy your domain name for as low as $2.99/year.
For that price you get:
- 1-year domain ownership.
- Free SSL certificate for extra security.
- Automatic email forwarding to your domain.
- DNS registration and management tools.
Also, you can purchase extra Domain Privacy+Protection for your domain . In this case, your personal details will not be displayed publicly in the WHOIS/ICANN directories. Plus, the registrar will also run extra security checks.
Sounds sweet? Heres how to register a domain name on Domain.com.
Step 1: Run a quick search to verify that the domain name you are eying is available.
Step 2: Pick your domain extension. Go for .com since its the most familiar option among users and thus, people, tend to type .com before trying anything else.
Your choice gets automatically added to your cart with a 2-year privacy protection subscription. This ones optional, so you can remove it during the next step. Also, you can change your domain renewal period from one year to five years.
Moreover, you can pick some add-on services such as:
Pick The Right Tld For Your Domain Name
Your TLD affects your credibility, so its important to choose wisely.
Check out this graph on the topic:
These are the extensions that you should consider if you are serving a global audience.
Of course, .com domain names are much more expensive than the rest, so you might have to compromise there if you dont have the budget for it.
Also Check: How Much Does It Cost To Purchase A Domain
Evaluate Your Domain Name Worth With These Tools
Since most of the online sources are for estimation purposes for a website or a domain name, some of these appraisal sites listed below can assist with gauging the assessed valuation of the site or domain name in question.
1.) DNJournal – DNJournal lists domains that sold during the year. Smart domain investors will use this list to compare their domain to other domains of similar comparable value.
Real estate agents often use lists of houses that have sold in the area to compare their listings to other homes that have sold of similar value in the neighborhood.
If you are a fan of any of the Million Dollar Listing Shows on Bravo, then you know that the agents use these comparables to set a price for their listings.
The idea is to view domains that are similar to your domains and the selling price of those domains.
For example, if you own headshots.vegas and you note that headshots.xyz sold for $2000, well you have the .xyz domain to use as a comparable, also if you can find the .com, .net domain names and the price they sold for you can look at the percentage difference between the .com, and .net
You are doing the same thing that a real estate agent does and that is to find all comparable houses that sold in the area and understand the value of the home before they set a price to the house that they are hired to sell.
You have to understand the value of your domain before you accept any offers from potential buyers.
Verify Your Domain Name With Google Workspace
Next, youll need to verify your domain name with Google Workspace by adding something called a TXT record. Depending on how you have things configured, you can do this at either:
- Your web host
- The place where you registered your domain name
Google Workspace will provide detailed instructions for most popular hosts/registrars.
Heres what it looks like to add the TXT record using cPanel :
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Verify The Ownership Of Your New Domain
The final step is to verify the domain ownership through the email address you used when registering the domain. The email usually arrives within a few minutes after finishing the domain setup. Simply click the verification link in the email to verify your contact information.
If the email doesnt arrive, resend the request from the control panel. We recommend doing it immediately, as waiting for 15 days or more will lead to a temporary suspension from the registry.
Thats all there is to it. Now you know how to buy a domain name and complete the initial registration process.
Tip from Darius
To make the most out of your newly acquired domain, consider authorizing it with the Google Search Console. This will provide you with important analytical insights and make it easier for Google to crawl the content of your site.
First, log into your Google account and head to the Search Console page. If you want your entire domain to be crawled, enter the URL in the bar on the left. Once thats done, click Continue and youll be presented with a code. Then, copy it and do not close the tab.
Now, log into your Hostinger account, head to the hPanel, and on to the DNS Zone Editor. Under Manage DNS Records, select TXT as the Type. Unless youre only adding a specific subdomain to the Search Console, leave as the Name. Next, copy the code youve received previously as the TXT Value. We recommend leaving the TTL Value as the default. To finish it all off, click on Add Record.
Invest In Domain Valuation Tools & Services
If you want the most accurate information about how much your domain name is worth, a valuation service is a great option for you. These sites take care of all the research for you. Theyll make comparisons to similar domains and consider every factor to come up with an estimate.
The great thing about using a valuation service is that the reports they produce are filled with hard data. Many tools will provide analytics for everything from page views to keyword values.
Also Check: How Much Does It Cost To Buy A Domain Name
Are You Asking The Right Questions
Instead of asking yourself, how much does a domain name cost, you should be asking, how much would it cost my business not to have a domain that matches my brand?
It isnt always easy to find an available domain name that aligns with your company. But the cost of sacrificing immediate recognition, traffic and sales could easily outweigh the price of a domain. Whether youve found an extension that fits or youre in need of a broker, dont wait to register your domain.
Go ahead, search for a domain name now.
Finding Your Domain Name Value Heres How
How much is my domain worth? Have you asked yourself this question before? Or have you perhaps received a request from a potential buyer and are not sure how to work out the value of your domain? The past shows us that its not so straightforward to estimate the worth of your domain even web services that specifically support this kind of request often dont provide accurate estimates. Its probably unlikely that your domains worth is in the millions, like the 2005 acquired domain lasvegas.com from the travel agency Vegas.com, which sold for USD 90 million . But other price segments will also see you making a profit for selling your web address.
This article summarises the key facts on domain value, providing you with a solid foundation on the valuation and costs associated with buying a domain or selling one.
Domains as original as your ideas.
What are you waiting for? Make your project a success with the perfect domain extension!
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Should I Register More Than One Domain
Yes! Registering multiple domain names protects your brand from domain squatters or copycats who may try to register alternative versions of your domain. For example, if you own coffeelovers.com, you may want to consider registering coffeelovers.net and coffeelovers.org as well. You may want to consider misspelled versions of your domain name too.
Want to learn more?
WeÃ¢â¬â¢ve got you covered. Here’s a few articles about searching for a domain we think you’ll find pretty helpful:
How To Get A Domain Name From Namecheapcom
Namecheap is another popular website for buying domain names and getting website hosting. As their domain name prompts, they often have a lot of good deals and somewhat lower annular prices than GoDaddy, for example.
So if you love a good bargain, heres how to buy a domain name via Namecheap.
Step 1: Run your desired domain name search first and review available options. Namecheap has a really huge collection of new TLDs such as .art .digital, .luxury among 400+ other options.
Also, if your name isnt available or youd like to get some more ideas, switch to their advanced search view aka the Beast Mode:
As you can see from above, you have a lot more features to play with such as price range, suffix/prefix, and so on. This can help you drill down to that perfect domain name that is short, memorable, available, and yet cheap!
Step 2: After youve chosen the best contenders, proceed to your cart to start the checkout process. At this point, you can also add some extras and customize your order:
With Namecheap, you get a lifetime free WHOIS protection for every domain name, plus they recently added a bonus premium DNS offer . When you enable it, your domain gets yearly protection against DNS/DDoS attacks , plus ultra-fast global DNS response. This gives you some extra leverage in terms of your website speed.
On top of that, you can select some affordable up-sells such as:
Also, you can play around with your renewal. Namecheap provides a small discount for 2+ years.
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Can I Transfer My Domain Name
Yes, most domain registrars can also facilitate the process of transferring a domain name from one person to another . For example, if you want to buy a premium domain name from someone, a registrar can help process the deal securely.
Also, you can transfer your domain name between different registrars if you found a better deal, for example, or just need some extra features.
Below are linked help documents for doing that with each registrar:
How Do You Find Out How Much Your Domain Is Worth
Domains are unique, which is the reason prospective buyers contact you in the first place, to convince you to sell. However, the exclusivity of an address is also the reason why determining the domain value is so difficult. The respective domain components or domain types like top- or second-level domain, ccTLD, or gTLD naturally play a role in the valuation after all, some domain endings already cost a lot of money by themselves. Ultimately, however, the respective combination of name and extension, which can only ever be registered once, is the decisive factor for the classification of the domain value.
IONOS goes beyond giving you your dream domain: Choose a designer-made template with MyWebsite and simply adjust the colour scheme, fonts, and content blocks! Alternatively, you can also hand over the responsibility and enjoy a custom website created by our design team.
Online, youll find a mix of free and paid online tools and services to help you with the process of finding out the worth of your domain and selling it. The following providers have got you covered:
The question How much is my domain worth? can certainly be answered with the solutions listed above and the various alternatives available on the market. However, the very different evaluation criteria employed by these providers also means that the domain value often differs greatly from service to service especially with free providers.
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