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How you price domain names?

Started by Rita Jaiswal, Sep 20, 2022, 07:21 AM

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Rita JaiswalTopic starter

Greetings!

Wishing everyone a fantastic day, and hoping that all is going swimmingly.

The subject at hand is of great significance to those who own domains. When it comes to picking domain names, what standards do you apply? And how do you evaluate them? Do you hold onto them in hopes of selling them later, or do you put them up for sale right away?

We would love it if you could share your most impressive domain names with us, along with any other relevant information.

Thank you!
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Midwiloom

My belief is that all captivating domain names, which could generate revenue, have already been taken for quite some time. The only domains that are currently considered successful are those registered by their owners.

In addition to this, a definite advantage is having a name that is unambiguous (without the letters w, y, y, etc.), as well as being concise. Despite this, there are instances where you may stumble upon a domain name that you need, that happens to be unoccupied. Just two months ago, I was pleasantly astonished to discover that the domains required for the topocart library (topomaps) were available.
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AvniShergill

Here are the standards that are commonly applied while evaluating domain names:

Firstly, compactness is a crucial criterion. Shorter domains are easier to recall and are considered more desirable.

Secondly, people tend to remember anything associated with the domain (preferably positive), which acts as a relatively favourable point.

Thirdly, keywords play a significant role in the search process and help comprehend the domain.

Finally, authority is only applicable when the domain has an established history of usage. A domain with excellent indicators can quickly accelerate site promotion and increase revenue. Thus, many webmasters look out for such domains with "Authority."

Although these are the primary criteria, individual circumstances can completely alter the price of a domain name. For instance, a branded domain, which reflects the company's name, is considered valuable.
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Embedammice

I consider the brand's identity, values, and goals. The domain name should reflect the essence of the brand and be memorable to the audience. It's important that the domain name is easy to spell, pronounce, and type, as this contributes to its accessibility and shareability.
Furthermore, I conduct thorough research to assess the domain name's availability and any potential trademark conflicts. It's essential to check for existing trademarks and domain history to avoid legal issues and negative associations.

In evaluating domain names, I prioritize keywords relevant to the brand or industry. Including targeted keywords in the domain name can improve search engine optimization (SEO) and help potential visitors understand the website's focus.

As for the decision to hold onto or sell domain names, it depends on the brand's long-term strategy. If the domain name aligns with the brand's future expansion plans or if it has high resale potential, retaining it for later sale could be advantageous. However, if the primary intent is to sell domains, I would consider listing them for sale promptly through reputable domain marketplaces.

One of the most impressive domain names I've worked with was "EcoHarmony.com" for an environmentally conscious e-commerce platform. The name combined the keywords "eco" and "harmony" to convey the brand's commitment to environmental sustainability and balance. This domain not only reflected the brand's values but also contributed to its SEO efforts.
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stableuser1966

I look for names that are easy to spell, easy to remember, and easy to pronounce. I also consider the industry and target audience. For instance, "greenenergy.io" is a great name for a renewable energy company.

I don't hold onto domains; instead, I work with clients to find the perfect name for their business. My portfolio includes "serverless.hosting" and "managedwordpress.cloud". I'm always on the lookout for names that will help my clients stand out in a crowded market.
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