A domain name is the name that identifies a website. For example, Microsoft.com is the domain name of the Microsoft website.
Domain names are certainly not new, but increasingly, people have realized that they can be very valuable products in their own right. Businesses are realizing that the right domain name can be the difference between success and failure on the web. A good domain name can generate enough traffic to turn an unprofitable website into a profitable one.
As an example of its potential value, creditcards.com recently sold for $ 2.75 million, a record for a 2-word domain name. Fund.com sold for $ 10 million in early 2008.
Obviously, the vast majority of domains will not get this kind of money, but there is the possibility of generating a very good income from commercial domain names. Making money from domain names is neither new nor revolutionary, but it is an industry that is growing exponentially, and an opportunity that must be seized with both hands.
So how do you get a good domain name?
1. Avoid domain names that are too long and complicated. Try to stick to a short name and therefore easy to remember. Most short names are gone, but good names are still available.
2. Link your domain name to the product your website sells. For example, if you sell gardening tools, get a domain that clarifies it, for example gardentools.com. In this way, potential customers know before they go to your site what they are likely to find there.
3. Make it unique: An original name will stay on people's minds, so they will visit and revisit your site.
4. Stick to dotcom extensions - people are familiar with them, making them more comfortable with them and more likely to visit your site.
5. Make sure your domain name is easy to pronounce and easy to spell. It is very important that when someone hears your domain name, they know how to write it; otherwise, you will type the wrong address and lose visitors.
6. Persevere! The domain name you choose first is probably already in use, but keep trying. Comply with the above rules, but use your imagination - there are still plenty of profitable domain names. As Bill Gates said, "Domains have and will continue to increase in value faster than any other product known to man." Do not lose this chance!
As an example of its potential value, creditcards.com recently sold for $ 2.75 million, a record for a 2-word domain name. Fund.com sold for $ 10 million in early 2008.
Obviously, the vast majority of domains will not get this kind of money, but there is the possibility of generating a very good income from commercial domain names. Making money from domain names is neither new nor revolutionary, but it is an industry that is growing exponentially, and an opportunity that must be seized with both hands.
So how do you get a good domain name?
1. Avoid domain names that are too long and complicated. Try to stick to a short name and therefore easy to remember. Most short names are gone, but good names are still available.
2. Link your domain name to the product your website sells. For example, if you sell gardening tools, get a domain that clarifies it, for example gardentools.com. In this way, potential customers know before they go to your site what they are likely to find there.
3. Make it unique: An original name will stay on people's minds, so they will visit and revisit your site.4. Stick to dotcom extensions - people are familiar with them, making them more comfortable with them and more likely to visit your site.
5. Make sure your domain name is easy to pronounce and easy to spell. It is very important that when someone hears your domain name, they know how to write it; otherwise, you will type the wrong address and lose visitors.
6. Persevere! The domain name you choose first is probably already in use, but keep trying. Comply with the above rules, but use your imagination - there are still plenty of profitable domain names. As Bill Gates said, "Domains have and will continue to increase in value faster than any other product known to man." Do not lose this chance!
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