Is It Worth Buying A Premium Domain Name?

Whether or not a premium domain name is worth the cost comes down to how much it will benefit your site.

If you want to make money and attract as much traffic as possible, the right name can be worth the investment.

However, for most sites, it’s easy to find a regular domain name that works just as well.

What does premium domain mean?

Premium Domain Name Definition

A premium domain name is a domain that is already owned by a person or registry. Its cost can be significantly more than a typical domain purchase — anywhere from hundreds to hundreds of thousands of dollars — due to its perceived higher value.

Why are premium domain names so expensive?

Premium domain names are more expensive than other domain names because of what they bring to a website. A premium domain name is an instant online brand. This means money and time saved on marketing. Word/phrase/keyword that have a high search volume, i.e., users type in when doing a search.

Is buying domain names a good investment?

Would-be buyers should carefully consider these risks before investing in domain names. Most stocks and bonds can be bought and sold with ease through a broker, but domain names can be much harder to sell. Domain names can be a sticky business from a legal standpoint.

How much should I spend on a domain name?

On average, if you intend to register a new domain, it should cost you anywhere between $10 to $15 a year depending on the TLD and the registrar.

How much is a premium domain worth?

Realistically a domain name can be worth any amount but most domain names sell for around $5,000 to $20,000 – premium domains, category killers and short domains however can easily command $100,000 or millions depending on a wide number of reasons.

Why should I buy a domain?

One of the most compelling reasons to purchase a domain name is to protect your identity. One of the most popular reasons for buying a domain name, is to register yourname.com, or yourcompanyname.co.uk, regardless of whether you intend to use it or not.

What is the most expensive domain name?

Here are the 25 most expensive domain names publicly reported.

  • CarInsurance.com — $49.7 million.
  • Insurance.com — $35.6 million.
  • VacationRentals.com — $35 million.
  • PrivateJet.com — $30.18 million.
  • Voice.com — $30 million.
  • Internet.com — $18 million.
  • 360.com — $17 million.
  • Insure.com — $16 million.

Why are domains not free?

Domains are not free because there is money to be made. Big money. If domains were free these would just get occupied and not get used to their full potential. Not to mention after a while you wouldn’t be able to register a single English word as they would ALL be registered.

What are premium domains GoDaddy?

Premium domain names are short, memorable, easy-to-spell names that end in a popular extension like .com. These domains tend to cost a lot more than normal domains, because they are more likely to drive traffic to a website. On the Premium Domains tab, we list domain names for sale by their owners.

Is domain buying and selling profitable?

Yes it is profitable to buy and sell domain names. However, the people who bought the domain names 15 years ago are better off, than people who would buy it today. Because all the great name are taken; The short, relevant and premium domains are no longer available.

However, domain flipping is legal because buying domain names has been a legal practice ever since the internet came into being in the 90s. Treat domain names as real estate property sold in the offline world.

How do I buy a domain name forever?

Technically speaking there is no way to buy a domain name forever. You can buy one for up to 10 years, and the registrar that you registered the domain name with should inform you of the expiration date so you can renew your domain name registration.

Is Domain Flipping still profitable?

Scalability is an important element to succeed in this business, which means you’d need more money, time, and effort to buy and sell as many domains as you can. However, as website broker EmpireFlippers has proven, domain flipping can still be a lucrative online biz, even for newbies.

Can you make money selling domains?

You can buy brand new domains from a reputable domain registrar. Domains are low cost. You can buy a brand new domain for $10-$15 for one year from a domain registrar. So, if you buy these domains at a reasonable prices, they have the potential to earn lots of money for you when you want to sell them.

How much does GoDaddy charge to sell a domain?

GoDaddy Auctions

Under $5,000 USD
Sale Price of the DomainCommission FeesPaid Through
$0 – $5,00020% ($15 minimum)Payee selected when listed
$5,000 – $25,000$1,000 + 15% of amount over $5kPayee selected when listed
$25,000+$4,000 + 10% of amount over $25kPayee selected when listed