What’s in a Domain Name?

You are a potential entrepreneur; hence you need to be careful bout investing your capital. To give your startup a head start online, you are going to have a fool-proof marketing plan. Better start off with buying a catchy and brandable domain name! The history of domain names shows how .com has been consistently been a ‘king’ over the years, because it represents your business globally. There’s nothing like free lunch and everything has a price. The mere difference is, in the realm of business, demands keep the price surging.

Entrepreneurs from diverse industry verticals now want to launch their businesses on .com, which has evidently contributed to its gradual high demand and price growth. Here are some reasons that will help clear your doubts about why everyone wants .com:

  1. Dot com has more visitors
  2. It looks and sounds more professional
  3. Google prefers .com over other domain extensions
  4. .Com brings more type-in traffic

Now you must be thinking how expensive ‘just a domain name’ can be! It can be as expensive as $90 million. Your business’ type/size and market determine the value of a domain name. Speaking of some past top .com sales records over a decade, here they are:

  • Lasvegas.com, sold at $90 million (2005-2040)
  • Carinsurance.com, sold at $49.7 million (2010)
  • Insurance.com, sold at $35.6 million (2010)
  • Vacationrentals.com, sold at $35 million (2007)
  • Privatejet.com, sold at $30.1 million (2012)
  • Internet.com, sold at $18 million (2009)
  • Insure.com, sold at $16 million (2009)
  • Fund.com, sold at $9.9 million (2008)
  • Fb.com, sold at $8.5 million (2010)

When it comes to domain name and online marketing, we completely defy what Shakespeare once said ‘what’s in a name.’ Here the name says it all! Every day, millions of users are typing URL to enter their favourite websites, however the truth is that some of the prominent URLs, we know of, have been shrouded in gold. The smart ones, who have bought these short-term domain names before anyone else claims them, deserve all the fortune for their foresighted planning.

As per the reports by Ibisworld.com, the industry of domain name sales has grown 3.8% over the span of 2011 and 2016. It has shown revenue of 2 billion USD in 2016. Returns and growth in this realm of business are driven by the tenacious requirement for ventures to upkeep an online occurrence. Furthermore, latest development in new domain name suffixes is as well anticipated to pep talk this sector.

The rush to own only best and reasonable domain names is exactly like the rush for real estate products. World’s top business analysts want you to invest in domains as they are limited in number. The holding cost is totally negligible and one can as well enjoy bonanza if suitable customers come along. Domains’ rule of thumb is quite basic: the shorter it is, the richer it is as it’s easier to remember.

Find the perfect name for your business at DomainJunction. They present hand selected domains at affordable prices.  Sohail Roshni, founder of Ahura FZE, has been managing the core sales and customer relations of DomainJunction  With the market getting more inclined for short-term, brandable and keyword-rich premium .com domain names for brands, DomainJunction enriches its domain name database with .com (majorly) and all possible combinations of TLDs too.

For your maiden domain name purchase, Domain Junction always makes a great choice. Contact Sohail Roshni now and get an instant free quote.

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