| | | Is Your Domain Name a Sitting Lottery Ticket? | | | |
At the end of 2003, the domain Men.com sold for 1.3 Million Dollars. And
this lucky domain title
investor originally paid $15,000 for it in 1997.
Not a bad investment huh?
Let me contruct
one single point, the domain sell
is a lucrative one. Domain
names are sold and bought daily for big money. The Internet is only in its
infancy so owning a nice
domain name is like owning a nice piece of real
estate.
Domain names are the real estate of the superhighway.
So are you one of the lucky everybody that own several domain names? You can
be sitting on a winning lottery ticket.
Here are a few main characteristics of valuable domain names:
* Usually single word .coms are assessment of value big funds
. Why? Because they get natural
type in visitors
. If you owned Men.com and put up some branding links or affiliate
products related to men, you could build a nice income by doing nothing. You wouldnt
even have to promote it.
* 2-3 Letter .coms are also worth lots of money. Why? Because for one they are all taken and secondly big businesses
will usually seek them out if it is an acronym of their company.
Having a short, memorable domain title
is key for people to remember it. And 2-3 letters is
perfect!
* Typo domains of popular, well established companies. Although, if you own one of these, the big business
might
come knocking at your door to ask you to turn it over. For example, if you owned gooogle.com (note the more
o), Google could get the title
because it is trademarked and it is too close to the original web page
title
. In this case, Google.com owns, Gooogle.com.
If you want to find out the true value of your domain name, you might
utilize different domain appraisal services. One of the best is Appraisalblast.com. For a very low price, they will give you a detailed report and let you understand
if you are sitting on that lucky lottery ticket.
In some cases, names you do not
think are assessment of worth
much...are. It all comes down to how important the name is to somebody.
The domain name doing business is
a lucrative one and there are still great names out there. It just takes some looking and also a creative mind to think ahead of what will be popular.
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