Tuesday, April 16, 2024

Why Are Some Domain Names So Expensive

Don't Miss

Icdsoft’s Opinion On Registry Premium Domains

Why Are .IO Domains So Expensive?(The Real Reasons)

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.

How Much Is Your Domain Worth

Domain names are more than just web addresses that identifies a website on the Internet. It has the ability to create a unique brand for your company. Depending on how much you think your domain name is worth, it can go as high or as low as you want it to be. One things for sure, it is something that you shouldnt skimp on if you really want to boost your sites online brand.

If you have a cool domain name that you think will reinforce your brand to the next level, then why not do the next best step and have it registered? Register your billion-dollar domain name with Vodien today. on the link below to get started.

It Establishes Your Site As An Authority

If you want to build authority and become a market leader in your niche, then you should get yourself a premium domain. These domains contain industry-specific keywords and are easy to remember. For instance, a domain name such as shoes.com paints a picture of credibility on the users mind. As a result, they are more likely to click your website as opposed to your competitors. When you purchase a premium domain, your site will become the go-to site, thus establishing your site an as authority.

You May Like: Io Domain Cost

Your Domain Name Should Be Brandable

Your domain name needs to brandable.

Basically, when people hear your domain name, it needs to sound like a legit business in your industry and have a hip vibe.

So, for example, if you were starting a remote jobs board, you could name it www.remotejobsboard.com But doesnt remoteok.io sound much better?


Of course, you need to take industry standards into account, boring names work for businesses that need to appear formal.

Say, if you run a funeral home, then its important to be serious, no one wants to hold a wake in a hip funeral home.

However, you probably dont need to be formal, so get creative!

What Is Your Domain Name Worth

Premium Domain Names: Why Are They So Expensive?

Now that you know what domain names can potentially sell for, I bet youre wondering what your domain name is worth. Check out NameBio.com you can search by a specific domain or word and use various filters to find sold domains closely related to the one youre thinking of selling. You can also check GoDaddys domain valuation tool to get an idea of the resale value of your domains.

If you are thinking about buying a domain name and selling it for more money, GoDaddy Auctions is a great place to find domains that might have good resale value. As with any other purchase, its always best to start slow and do your homework before spending your hard earned money and time looking for the next big domain sale.

Start your search today.

Don’t Miss: Who Owns Domain Name Checker

How The Battle Over Domain Prices Could Drastically Change The Web

Net neutrality has beenrepealed and a few big techmonopolies control most of the internet. Now things might get even worse for consumers with a decision that could send prices for .org, and eventually .com, domains skyrocketing, making running a website prohibitively expensive.

Domain names are how people access information in their browser, acting as an address for each website. ICANN is the organization that governs the webs domain name systems. And it just opened the door to monopolies charging whatever they want for registering a web address.

Recommended Reading: How To Verify My Domain

Is A Premium Domain Name Worth It

Obviously, when it comes to budgeting for a domain name, a seven figures might be beyond your means. Sit down with your broker to discuss different options, as the value of keywords change with online trends. As mentioned, some premium domain names are speculative in nature, so assessing fair market value can be difficult if you dont have the necessary market knowledge.

An established domain, guaranteed to immediately begin yielding quality visits to your website, is almost always worth the money.

Read Also: How To Get A Business Domain Email

I/o Stands For Input/ouput Which Made It Popular In The Tech Scene

Since I/O stands for input/output, this TLD has become another great option for tech companies. In particular, founders who are bootstrapping a startup or simply working on a side project use alternative TLDs more often than they donât. The clear favorite here is dot io.

Dot com just doesnât seem as modern and contemporary to creative geeks. As a result of so many entrepreneurial minds working with these alternative TLDs, dot iosâ ranking in the top 10,000 domains increased by almost 2,000% in four years.

Premium Domain Names: Why Are They So Expensive

Domain Names Cost OVERVIEW – Price Range, Expensive Domains, and Renewal Prices

In this technological field, your domain name has a significant impact on your business. So by selecting the right one, you will have a branded web address that people will remember. If just in case you choose the wrong one, you run the risk of confusion and obscurity with your potential users.

When you follow the procedure for selecting your domain name, you may find that a premium domain is the perfect choice. This guide will share what you need to know about premium domains, why premium domains are so expensive, and what drives their values.

Also Check: Where To Get Gg Domains

Why Is A Domain Name Important

Why Are Domain Names So Important? A domain name gives your business instant credibility and puts you in the same online marketplace as your largest competitors. It says that you mean business and helps online shoppers and customers see you as a forward-thinking company that is conveniently accessible online.

Appeals To Global Audience

In the last years, more and more businesses wanted to focus on a global audience. All these brands acquired a .com domain and probably because of the budgets they had, they invested in good ones.

If you notice carefully most of the big brands use .com for their main site. I did also my own test on a google sheet and downloaded the 1000 most successful sites by traffic. What I found out is that 72% use a .com domain!

Dropbox and Facebook even invested more money for a better .com domain. The first domain of dropbox was getdropbox.com and Facebooks first domain was thefacebook.com.

Don’t Miss: Who Owns Domain Name Checker

It Increases Organic Traffic

Another benefit of purchasing a premium domain is increased organic traffic. When your website ranks high on search engines, it becomes more visible, meaning more visitors are likely to click on the link. Premium domains also attract traffic through direct navigation . Purchasing a premium domain will attract a lot of organic traffic, meaning you will spend less money on marketing.

What If Someone Already Has The Domain Name I Want

6 Main Factors Why Web Hosting is Expensive

This is a valid concern, given that over 1.7 billion websites are live on the Internet right now. Chances are a lot of great domain names are taken, and when this happens, the cheapest option by far is to brainstorm a different name. But if youre dead set on a domain thats taken, and dont want to compromise, you still have some options.

You can use resources like snapnames.com to see domains that have recently become available . Otherwise, youll have to pay much more for an aftermarket domain, usually by dealing with online auctions in which youd bid on an already-registered domain to be transferred to you.

Aftermarket domain prices are so expensive because the value that a short, relevant domain name can bring to a brand is, well, invaluable . For example, if you were looking for car insurance and werent sure where to start, you might head to CarInsurance.com a domain which sold for $49.7 million in 2010.

Of course, not all aftermarket domains will go for millions, but as a rule, any useful one will still be pretty expensive. Since most of us wont be dropping our lifes savings on a domain name, were going to have to come up with our own. So you might be wondering

Don’t Miss: Domain Registration Cost Per Year

Sales Vs Renewal Pricing

In some cases you may have registered a domain while it was on sale. However, domain renewals are always billed at regular price. This is why renewal can be more expensive than the registration price was.

As you can see, there are a number of variables that influence the price for domains, and for some domains, several of these factors may be relevant. We believe transparency is important, so we hope this article has given you some insight into domain name pricing.

These articles may also be of interest with further details:

Premium Domain Name: Their Value And Why They Cost So Much

  • 6.0.2 Which is the most detrimental for your business?
  • 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.

    You May Like: Connect Squarespace To Godaddy

    Why Do Some Domain Extensions Cost More

    When you register a new domain, you might notice a wide range in pricing. While some domain extensions are fairly inexpensive, others cost hundreds or even thousands of dollars. Since all domain names work the same way, why do you have to pay so much for some domains?

    Below, well examine the reasons why some domains cost more than others.

    Possess Great Brand Opportunities

    How Much Does a Domain Cost – And Why?

    Another very crucial factor that determines whether a domain name is a premium is its ability to brand the business with ease. A premium domain name should be used as a brand name because they are popular, easy to remember, and relatable. Premium domains are usually very popular and thus dont require intense marketing to popularize the brand as is the can with ordinary domains.

    Recommended Reading: Cost Of A Domain Name Per Year

    What Does This Mean For Site Owners

    It is presumed that the increased cost of .com domains for registrars be passed along to consumers, although that is not known for sure at this point.

    The contract also allows for other price increases for extraordinary situations. So the price of .com domains could go up for consumers by more or less than 7% per year.

    This agreement will not affect the cost of other top-level domains. However, .com domains are by far the most widely used. According to Namecheap, there are 359.8 million total domain names, of which 144 million are .com.

    Namecheap alleges that ICANN and Verisign made these changes in secret without seeking any feedback from internet users.

    The general public can provide feedback to ICANN during the public comment period, which is open through February 14. Whether or not the feedback will have any impact on this agreement remains to be seen.

    Which One Should You Go With

    Its best to look up your desired domain name on both websites to see which company can offer you a better deal.

    Namecheap offers .com domains at a lower price than GoDaddy . Yet its important to remember that money is not the only thing that matters, so you might want to take a closer look at GoDaddys and Namecheaps track record in terms of their views and their behavior to see which companys values resonate with you more.

    Not sold on GoDaddy or Namecheap? Make sure to read our blog post.

    Don’t Miss: What Is A .io Website

    Get A Domain Name Without Bankrupting Your Startup

    Image via VirtueHosting.com

    Im sure you have all been frustrated at least once by not being able to get the Internet domain name you want for your company. Who owns all of these names, and should you ever buy one for a premium? The simple answer is that if you want to be found on the Web, the perfect domain name can be well worth a few thousand dollars, but dont pay a fortune for one.

    The market for domain investors has been in the doldrums for the last few years, since the Internet Corporation for Assigned Names and Numbers has rolled out top-level domains for every country, like .us and .me, as well as allowing companies to set up their own top-level domains. For instance, Cisco has applied to use URLs ending in .cisco.

    Gone are the days when people like Frank Schilling and Kevin Ham built $300 million empires by speculating on premium domain names, since the possibilities are now endless. Only one sold for 7 figures in 2012 , and the average is now down to below $5,000. The current record was set in 2010, when sex.com sold for $13 million.

    The right place to start is to target today’s average of approximately $8-$10 per year for a .com domain name from GoDaddy or one of the hundreds of other domain name registrars. Certain extensions such as .tv and .vs range in the $20 to $40 range for a year registration, but you can find sales on certain extensions for as little as fifty cents per year.

    So Why Do Domain Names Cost Money

    Top 100 Most Expensive Domain Names sale In 2019

    Why are domain name renewals so expensive. You have got to be kidding me. Hopefully the post above has given you a better understanding of the importance of renewing your domain names on time and the general costs that you ll incur. They know that you need to renew your domain name every year so they can recoup some of the original discounts.

    They seem to be the absolute most expensive domain registrar besides those spammy ones that try to trick people into spending 69 99 year. Domains offered for resale by owners for a premium price. Domain names cost money because we pay for the expenses and profits of 3 different entities.

    Plus icann fees i ve been transferring my domains to other companies for years now but this is the last straw. Icann registries wholesalers and registrars retailers. Why domain renewals are so expensive.

    Some domain name registrars even offer an automatic renewal so you ll never run the risk of your domain name expiring and falling into the wrong hands. For example if you buy a domain at a premium price of 120 usd you can add multiple years or renew at the regular price of 12 usd per year. When purchased my domain name it cost only 8 99.

    You purchase domain names at a domain name retailer like namecheap. I thought that was fair but now when it comes time for renewal it s going to cost me 20 99. I had a ws domain name come up for renewal the other day with godaddy and they were asking 39 to renew it.

    How To Choose A Great Domain Name For A Website

    Also Check: Transfer Wix Domain To Squarespace

    More articles

    Popular Articles