How To Buy 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:
how to buy a premium domain
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.
Flippa is another popular domain name marketplace that enables users to sell and purchase domains. However, it also lets you sell or purchase entire online businesses, including websites, apps, and content.
Considering Flippa is used for a lot more than simply buying and selling domains, the interface is not as clean and straightforward as others on this list. However, like Sedo, it also offers broker services to help ease the negotiation and buying processes.
Once you find a premium domain name you wish to purchase, Domain.com will provide you with the TLD and pricing options. If your choice is out of your price range, it will give you suggestions for other relevant domain names.
Another aspect of Domain.com is that it has a simple domain management section where you can point your domain to your hosting provider. It offers features to help you to begin the website building process as well.
Rather, NamePros is a forum where users within the online community focus not only on buying and selling domains, but also discuss and share news and information. It offers dedicated sections for buying and selling domains, as well as appraisals, requests, and more.
Namecheap is a popular, highly reputable domain registrar that delivers fair pricing and dependable support. The website is organized and easy to navigate, making searching and purchasing domains a breeze.
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You have come up with a great new idea for a website and you only need a good domain name? A quick check on a WHOIS lookup website shows that the domain is available, but you see a price of $500 or even $5000 when you try to register it? You can get a new .com domain for as low as $8.38, so how come the one you want is so expensive? You have most probably come across a premium domain name. Below, we answer some of the most common questions regarding these domains.
There are two types of premium domain names. The first one refers to any memorable domain name with high marketing value that is already owned by an individual or a company. Voice.com, for example, was registered in 2001 and was sold for $30 million in 2019. The name is short, easy to remember and has a high value, thus it is considered to be a premium name. This type of domains is sometimes called aftermarket premium domains.
The second type of premium domains is priced higher directly by the registry organizations that manage the top-level extensions. These domains have not yet been registered by any individual or company. This is the reason why such domains appear as available for registration if you look them up, but their price is much higher than a standard name with the same extension. This type of domains is often called registry premium domains.
In either case, you can easily see if a domain name is a premium one by looking at its price. If the name costs significantly more than a random available name with the same extension, then you have come across a premium domain. If you notice that the price is just a bit higher, most likely somebody registered the domain with the hope to sell it for profit. Most of the registered domains that are for sale are not premium ones.
There are no clear rules which domain will be a premium one. This is decided solely by the registry, at their own discretion. Whether an existing domain will be premium depends on its owner and the price that potential buyers are willing to pay. Yet, there are a few characteristics that differentiate a premium domain name from the pool of all names. They can give you an idea whether the price you have to pay is justified.
Aftermarket premium domains do not depend on the TLD. Usually two- and three-letter domains are considered to be premium regardless of their extension. Any existing name with any TLD and a random length can also become a premium one as long as its owner is willing to sell it and there is a buyer willing to pay its price. There are examples of seemingly worthless existing names with country-code TLDs that are bought for a lot of money by the owners of the .com name.
Premium domains are significantly more expensive, so before you buy one, you should weigh the pros and cons, and see if it is worth getting such a domain. In some cases, a premium domain is definitely worth the money, while in others it may be an unjustified expense and a loss of money.
+ You can get the best possible domain. Whether it was the first one that came to mind, or you chose it after a careful consideration, it is clearly your first choice for a domain name. If this is the case and there are no other factors to affect your decision, you can probably go ahead and buy the domain.
+ You can invest in a premium domain. If the estimated value of a particular name is high, it is very likely that some company will want it sooner or later. Many domain investors buy such domains and sell them for profit. This refers to domains that are already considered premium ones, not to random available domains that some people register at the standard price and resell for $70-$80.
+ You can monetize it. If your project will earn you some money, it is justified to spend more on a better domain name. The additional traffic the domain can bring you will likely pay off the higher amount you had to pay for it.
- It is too expensive. This is usually the case for existing domain names, but registry premium domains can be quite pricey as well. If you need a new name for a personal website or for a small project, there is no point spending more money for it than for the entire project. If most of your budget will go for the domain, you will be better off considering other options.
- You may have better alternatives. JohnDoe.com may seem to be a great domain name, but JohnDoe-law.com will be far more suitable if you have a law firm, for example. Do not fall for a domain name only because a third party considers it to be more expensive than a less expensive, but more appropriate name.
- Copyright. If you spend a lot of money on a domain name, you should do your research in advance. You should make sure that you are not buying a domain that includes a trademark as you can easily lose it. An automatic system or a seller can price a domain quite high based on some name or keyword it includes, but if a company holds the trademark, they can file a lawsuit and get the name. You will end up with no domain and no money, so doing some research is one of the most important things you should do before you buy a premium domain. This is valid for registry premium domains as well.
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.
Buying a premium domain name can be a big investment, so you should choose carefully whether you want to buy one or not. You should see whether the advantages of buying the domain outweigh the disadvantages. Sometimes buying such a domain can pay you back, but often it is just a waste of money.
As of January 2020, there were over 1.74 billion websites on the internet. If you want to be competitive, you need to stand out in a saturated space. One of the easiest ways to do that is to establish brand trust by implementing SEO best practices and performing well on Google and other popular search engines. SEO is also an organic way to reach customers without marketing. A domain name that includes your brand name or the product you sell will improve your presence during a search.
There are two ways to register your premium domain name. You can build a website or register the domain name separately. If you decide not to build a website, your domain name will not be accessible via Google search.
Some web hosting services, including Bluehost, provide you with a free domain name as part of their hosting package. Other sites, such as GoDaddy, charge for domain registration and offer a comprehensive list of available domains and the ability to customize the extensions you'd like to purchase. All hosting services have their pros and cons, so do your research to determine which is right for you. Also, remember that not all domains are premium. Extensions such as .info or .biz do not hold the same value as .com or .net.
Domain registrations are up for renewal every year, which means there are always domains that have become expired or others that are approaching expiration. Some domain registrars will offer you the option to place a backorder for a premium domain name at regular cost plus a backorder service fee. If the name you want is not on the market, you can check to see if it might be available soon.
As mentioned earlier, there is a serious business surrounding premium domain names. Many short, brandable domains are already owned by someone, even if they're not actively used. To register a premium domain name, you will first have to locate the owner and negotiate a selling price. Once you agree upon a price, you need to transfer the domain name so you can link it to your web hosting platform. However, this is not an easy process without assistance. 041b061a72