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Making Domains Your Way of New Generation Business
More people have asked me about domains — or told me that they’ve started their own portfolio of domains in 2007 — than in all the years since I registered my first domain in 2004. I wouldn’t suggest that domaining has gone mainstream yet, but the industry of domaining does seem to have sparked interest in a far wider demographic over the last twelve months than it had previously.
What is Domaining?
The classic definition of domaining is to buy domains for the sake of buying domains. A domainer is someone who purchases domains as an investment without planning to develop them. I know people who register domains, develop them, and end up with a portfolio of sites, but I wouldn’t really consider this to be domaining in the true sense of the word.
There are two primary strategies for domainers:
[1] Buy a domain because you think you can sell it for a higher price than you’ll pay for it.
[2] Buy a domain for the traffic it attracts, which, you hope, will produce a steady stream of revenues.
How to Value a Domain?
As with real estate, there’s often a lot of hype around domain purchases. When you’re planning a purchase, it’s very important to remain calm and rational, and not allow yourself to become too invested in the idea of acquiring a specific name.
Of course, understanding the value in a domain can be a matter of perspective. One person might view recent sales prices of domains and be astonished by the high prices, while another wishes he had more cash on hand to take advantage of the bargain pricing. Other types of domains can be more difficult to value. The best advice is to see if you can categorize the type of domain you’re after and search out comparable sales. You’ll notice, after observing the market for a while, that domains of a given type often sell for similar prices. For example, currently there’s a trend towards four-letter domains.
Any further query, please visit www.designwebgraphic.com or contact Mitul Bhavsar on +91-9825095314.