Choosing the Right Domain Names
Selling domain names have become an incredibly lucrative
business and it’s not hard to see why. A domain is the equivalent of a business’ street address online and it
has been discovered that many people tend to type in their query into their browser bar rather than run a
search, meaning the value of the right domain name is incredibly high. Thus, if one knows how to choose the
right domain names, they can make a sizeable profit. But, how does one go about choosing domain names to
ensure a profit?
Keep It Short and
Sweet
Domain names that are short will always bring a higher
profit simply because they are easier to remember, especially in casual conversation. Everyone wants a simple
domain name that is easy to remember because it increases the likelihood of direct traffic, in other words
people typing the address right into their browser bar instead of running a
search.
So, the shorter the domain name and the easier it is to
remember, the more attractive it will be to potential buyers.
Avoid Separators
Continuing along the lines of a domain name that is easy to
remember, you need to avoid using separators in the name you choose. In other words, portablecomputers.com is
much more valuable than portable_computers.com. First of all, people are likely to forget the separator when
they type the address in, which will lead them to a different site. Secondly, it is simpler to mention a URL
without a separator in casual conversation and certainly easier to remember.
Stick to Generic Product
Names
Trademarks can be a serious issue and the last thing you
need is to be slapped with a law suit because you decided to register domain names that contain trademarks.
No, you won’t get Apple calling you up, offering you millions of dollars for the set of domain names that
includes iPhone or iPad. In fact, quite the opposite. So, if you want to increase your chances of success,
avoid trademarks as they are more trouble than they are worth.
You’ll be much safer sticking to generic product categories
when registering domain names.
TLDs Are More
Profitable
Generally, you will find that top-level domain names are
more profitable. Thus, stick to .com, .org and .net whenever possible. Of course, you can still make a
sizeable profit with geo-targeted domains but, at first, you are better off sticking to TLDs. Once you gain
some experience with domain speculation, you can branch out into other types of domain
names.
Selling domain names can be highly profitable but the amount
of money you make is determined by your ability to choose domains people want to buy. So, if you keep them
short and sweet, avoid using separators and trademarks, and stick to TLDs at first, you will greatly increase
your chances of success.
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