How to Get Value From a Domain Name

How to Get Value From a Domain Name thumbnail
Creating a valuable domain name can be challenging.

Your domain name is worth only as much as someone is willing to pay for it. Website designers want names that are likely to receive visitors, so targeting your domain name to meet the description of a future business, for example, will generate a high value. Naming your domain something catchy will help when it comes to getting value out of it.

Instructions

    • 1

      Choose a domain name as soon as you can to avoid it being snagged up by someone else. The more likely someone is going to want your domain name, the higher the value will be.

    • 2

      Start by creating a domain name that ends in .com. If that name isn't available, try ".net" ".org" or ".ca", for example. These are a few of the most common names. ".com" is estimated by iGoldRush.com to have five to 10 times more value than any other.

    • 3

      Make your name as crisp as possible. For example, don't use extra letters, numbers or symbols that will make it less likely for the name to be searched for. "Homes.com" could be worth millions. "ApartmentHomes.com" could be worth enough to buy a condo with. "iApartmentHomes.com" could be worthless.

    • 4

      Avoid hyphens. If the domain name you want is already taken, you have the option of adding hyphens. This may seem like a viable option, but you should note that people are far less likely to enter hyphens than the words without the hyphens. A better alternative could be available.

    • 5

      Develop your domain name into a popular website. While this could be a daunting task, the more popular the name already is, the more likely you are to already have a visitor base. This will increase the value in the eyes of potential buyers because along with the name, they get the already-established visitors.

    • 6

      Keep your domain name short. The less complicated it is, the more likely people are to enter it in their browsers.

    • 7

      Ensure you spell the words of the domain name correctly. This may seem obvious, but dictionaries are always helpful.

    • 8

      Advertise your domain name. For instance, consider that "eBay.com" is worth millions, but it wouldn't be if people didn't know to put the "e" in the name.

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References

  • Photo Credit John Foxx/Stockbyte/Getty Images

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