Has Been Around For A While
An older domain name has had more time to be indexed and ranked by Google, making it better for SEO than a recently-registered domain. Plus, you are likely more attached to a domain youve had for eleven years than one that youve had for eleven days. Both of these can be helpful as leverage during negotiations.
You Might Want To Use It
Using a domain for customized productivity professional email or for a website is common. If you use one for an email address, the shorter and easy-to-remember, the better. If you need a domain for your website, find the one with the most market value to use for the address.
Pro tip: Since the value of a domain is based on keywords, among other things, you will want to use the domain with the highest keyword value to connect to your website for better SEO.
If youre not using your domain for a website, you can actually make money on it by using GoDaddys CashParking service. All you do is sign up for the service and when someone visits your parked site, they will see ads that are relevant to them. When they click on these ads, youll make a percentage of the revenue generated.
What Is The Price Of Godaddy Domain
This is a tricky question to answer. Godaddy right has a promo on their website for 1 penny. This .01 deal might sound great, but the trick is that you MUST signup for 2 years to get the .01 deal. On your second year the cost of your Godaddy domain will increase to $19.99/year. Is this really worth it? No.
These .01 promo is just there to pull you in, but thereafter prices will increase. This occurs not only for domain names, but also on web hosting packages. Based on my experience of purchasing Godaddy domains I would say that you get way better deal across the aboard at Namecheap. The prices there are really low and consistent.
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What Is My Website Worth How To Find Your Domain Name Value
If you find yourself asking, What is my domain worth, weve got answers. Here are two ways you can figure out domain name value:
1. Look at similar domains to yours
One way to figure out your domain value is to look at other websites with a similar domain to yours. You can look at website domains previously sold and see how much they sold for on the market.
For example, if you search computer repair shop, you can see a list of domains currently on the market. You can see the price these websites go for as well as their traffic volume.
You can find a website like yours and see what the offer value is.
The best place to see current and past domain name auctions is Sedo. Sedo enables you to see domains that are currently up for sale and how much domains sold for in recent days.
If you find it hard to sift through the data, Doman Name Wire posts a weekly roundup of domains purchased through Sedo. You can see if any domains like yours sold recently and their sale price.
2. Use a domain estimation tool
The easier option for finding the estimated value of your domain is to use a domain estimation tool. Domain estimation tools enable you to put in your domain name and automatically compare your domain to others like yours.
The results of this evaluation are based on what other domains like yours have sold for recently.
Estibot is a great and free option for evaluating your domain name. You can input your domain and get an immediate appraisal.
Is Godaddy Full Domain Privacy Protection Worth It Godaddy Domain Protection Review 2022 Read This First
Is Godaddy full domain privacy protection worth it? Are you considering buying the Godaddy domain privacy protection, but not sure if its really worth it or not? Do you wonder if domain privacy is necessary when creating a site? If you are about to buy a new domain to build a website, this question is definitely one you must answer BEFORE checking out. To find the answer, keep reading this Godaddy Domain Privacy Protection Review to see what you must consider BEFORE buying a domain!
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Brandbucket And Squadhelp For Branded Domains
If you are dealing with a branded domain , then your best bet is to use sites like Brandbucket and Squadhelp.
Both of these are marketplaces for branded domains. Sellers can submit their domains to the marketplaces, the team will review and help appraise it, and then it will go live. Buyers can then acquire the domains. Most of the buyers are business owners looking for an eye-catching name to use.
Another way to get an estimate of the value of your branded domain is to analyze their marketplace for what type of domains are listed, what TLDs, how many characters, which industries, and more.
Is The Godaddy Domain Buy Service Always Successful
In short, no. GoDaddys domain buy service isnt always successful. It would be nice to know specific statistics to determine just how successful the service is, but sensibly, GoDaddy doesnt release that information.
GoDaddy does state on its website, however:
While we cannot guarantee the acquisition of a domain name, we will attempt to contact the current registrant and negotiate a deal for you.
A successful domain name acquisition depends on a number of important factors. These include, but are not limited to:
- Your budget will your budget realistically be enough to acquire the domain you want? For example a two-letter .COM such as TM.com would likely cost over $1 million to acquire. If you have a budget of $50,000, unfortunately, youre very unlikely to be successful.
- The sellers valuation the seller may value the domain name higher than you. You cant do much about that unless youre prepared to potentially exceed your budget and match their expectations.
- The sellers willingness to make a deal sometimes, a seller will just not be interested in selling.
- GoDaddys ability to successfully contact the owner in a small number of cases, it may not be possible to track down the domain registrant.
GoDaddys brokers dedicate a maximum of 30 days to negotiate a sale with the domains owner. Sometimes, it can take far longer than this to acquire a domain.
Take Elon Musk and Tesla.com. It took him a decade, and $11 million to acquire Tesla.com:
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Understanding Domain Name Valuation
Domain valuation is the process of determining the value of a given domain. Its a similar process to when companies are valued, but much less intensive.
Before we jump into how to do a domain appraisal, lets have a quick overview of how domain names work. If you already have the basics down, such as how to register a domain, feel free to skip to the next section.
If youre just getting started building websites online, this section is for you.
Domain names are synonymous with URLs , but essentially its what a user types into their browser address bar on their search engine to access your site things like HostGator.com, Facebook.com, Google.com, etc.
There are two primary parts that make up a domain, the second level domain and the top level domain. These two factors will also contribute to a domain valuation,, but more on this below.
Heres how top-level and second-level domains work together:
Whether youre purchasing a domain name for a new project, or simply to hold onto and sell one day, the process remains the same.
Is It Easy To Transfer Your Site To Godaddy
Yep, its super easy. If you have your existing website files already, then simply upload them through the Hosting Control center or via an FTP client. If you dont have these files yet, just request them from your current hosting provider. GoDaddys 24/7 support team is on hand to help at any point.
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You Might Want To Sell Your Domain
Seeing the actual value of a domain might even point you in the direction of selling.
If you wish to sell it at auction, choosing a site with a lot of affiliates, like Afternic.com, gives your domain name the most visibility.
If you have a good domain name, at some point youre likely to get an unsolicited offer to purchase the domain privately. If youve used GoDaddy Domain Name Value & Appraisal ahead of time, youll have a good idea of the value it holds and whether or not the offer is on point.
Related: 5 tried-and-true tips for selling domain names for profit
How To Set Up Godaddy Domain Protection For Your Website Or Domain Name
Domain protection is an excellent option for small businesses, but its not without problems. Many people dont even know how to make the service work with their website. Thankfully, GoDaddy makes it pretty easy.
All you have to do is log in to your GoDaddy account and navigate through the drop-down menu on your dashboard. Next, click on My products and choose Domain protection. Once youre there, youll need to activate your domain protection service with a few clicks.
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Ways To Calculate How Much A Domain Name Is Worth
While there are an infinite number of possible domain names, each can only be used by one person or company. You might wonder why some domain names are worth $2.00 and others $2 million. According to Godaddy.com, some of the most expensive domain names publicly reported include: CarInsurance.com for $49.7 million, VacationRentals.com for $35 million, and Sex.com for $14 million. Why? Well…it’s complicated!
There are a few reasons you might want to know the value of a domain name. You could own a domain name and want to sell it. Maybe someone has approached you, and you need to know what’s fair value.
You might decide to invest in promising domain names to resell later at a profit. Each online address can only represent one company, and a limit in supply combined with high demand means profit.
Over the last 25 years or so, virtual assets like domain names have created millionaires and even billionaires. You could want the best possible domain name for your business.
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.
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How Brandable Is The Domain Name
Branding can mean different things depending on the potential buyers.
I make sure to avoid any names that are trademarked or copyrighted. But there are many names out there that could include names of states, regions, hobbies, or keywords that make it a good fit for bloggers.
For an outdoor blog, good examples might include kayakfreak.com, hikingeveryday.com, or paintballpioneers.com . These names could all be considered decent brands for niche websites.
They tend to be very specific in a niche, but they work for a business or a blog, have good keywords in a popular space, and are easy to remember.
This doesnt necessarily mean those domain names will be worth a lot but it makes it far more likely.
Another thing to look for in a brand is location. While I tend to shy away from getting a domain name that is too narrowly focused, if I found a great Chicago Keyword name that I couldnt believe was open, that could very well be worth a shot.
Search For Your Domain Name
The domain registration tool will then search through every single registered domain name to see if its available. Unless you spent some serious time researching your domain name, theres a good chance itll already be taken.
However, you can input different combinations of words and try different top-level domains until you find an available domain.
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How Much Is Someone Willing To Pay For It
This sounds obvious, but its a factor thats actually too often overlooked. All the hypothetical signs can look good. A domain can have important keywords, some non-spammy links to it from a past website, and be very brandable.
But if no one is willing to pay for it, then at the end of the day as a sellable asset its worth nothing. At that point, the domain is only worth what you can make out of it.
This is one of the places where the art comes in. Can you find the perfect name that strikes a chord with a buyer who just happens to be looking for a domain name and has a decent budget to make a purchase?
Make sure to check out our domain valuation framework.
How Much Is Your Domain Name Worth
You own a domain name youre not using and someone asks if they can buy it from you. How can you figure out what its worth?Its not a simple as appraising a home its very difficult to find comparable sales and attach a price to a domain. Every domain name is unique and its hard to compare one to another.
In fact, if you ask five so-called domain experts how much a domain is worth, youll probably get five different answers.
But you can get a decent idea of your domains value by taking a look at some of the factors that go into valuing a domain name.
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Avoid Hyphens Or Odd Spellings
How often do you use punctuation when searching for something online? My guess is rarely. The last thing you want is a domain name that requires extra effort from your visitors. Using something like, the-best-shirts-youll-ever-wear.com no matter how compelling wont do you any favors.
When possible, avoid using uncommon spellings or numbers. Is that a 4 or a four? What about 2, to, two or too? You catch my drift. If anyone ever shares your domain via word-of-mouth, your name could get lost in translation.
How To Respond To The Initial Inquiry
There are a couple of things you should do when someone reaches out about buying a domain name.
First, try to qualify the buyer. Is it a big company? A budding entrepreneur? All salespeople try to qualify their buyers to make sure theyre serious and capable of buying what theyre selling. This is no different with domain names.
Second, respond to keep the sale moving forward. There are two ways to do this:
Theres a lot of debate about which approach to take. People usually like the other party to make an initial offer. After all, you dont want to quote a price of $5,000 if the buyer is going to make a starting offer of $10,000!
If the buyer contacted you out of the blue and you havent listed the domain for sale, its fair to ask the buyer to make an offer. You can inform them that you havent thought about selling the domain before, and tell them youre open to offers.
If youve marketed the domain for sale, its probably better to quote a price to open negotiations. But what price should you give?
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How Domain Name Value Is Calculated
GoDaddys domain valuation tools algorithm uses proprietary machine learning and real market sales data to estimate domain values, providing you with comparable domain name sales so you can price your domains with confidence.
The tool also looks at similar domain names based on the TLD and SLD the words to the right of and left of the dot respectively .
Each domain name is different and the domain valuation tool factors uniqueness into the equation, too.
The length of the domain name is also examined. A domain with less than 15 characters has a greater value.
This is especially true with the limited amount of domains still available using just the 26 letters of the English alphabet .
In 2013, WHOAPI.com confirmed that all the four-letter domains are registered.
Coincidentally, most domains less than four characters long are valued in the thousands, tens of thousands and even hundreds of thousands of dollars depending on their TLD and SLD.
Research Recent Domain Sales
The best way to get started in the world of domain name sales is to become familiar with it. Take a look at recent sales and see what types of domains are being purchased and for what amount.
DNJournal regularly updates this domain sales report to show how much domain names have recently sold for at different premium domain services. Keep your domain in mind and see how it compares to the listed sales. Pay close attention to length, similar keywords, and other related factors to narrow down a range that your domain would likely fit within.
An important note here is that only a small number of domain sales get reported, so this is by no means a comprehensive list of domain value. However, there are still a lot of domains to look at that will help you better understand how much various types of domain names have successfully been sold for.
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