20 years ago names like these were bought for only a few $100 in the aftermarket, and the cost for registering them directly?—?$60! For example, in 1996 “Domain Name King” Rick Schwartz picked up eBet.com for $100, held on, and sold it in 2013 for a whopping $1,350,000.
The good news is, you don’t need millions of dollars to purchase a valuable domain name. Like any inefficient market, there are a lot of great deals out there where people don’t see the value, need money, and sell.
What Are Premium Domain Names?
Ever searched for a domain name only to find that it’s already taken? Or perhaps you found an available domain but its price is a lot higher than all the other ones you’ve seen? Then you’ve already come across the world of premium domain names.
Premium domains are exactly what they sound like. They are domains that are more expensive than normal. There are many reasons why a domain will be considered premium, but it is usually clear why one domain name is worth more than another. For example, it shouldn’t be a big surprise that car.com would be worth more than automotive-in4mation123.biz.
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. The higher price will apply to the initial acquisition of the domain, but it will renew at the regular renewal price for whichever domain extension it uses.
There are many initial costs involved with starting a new project, and a domain name can be one of them. If you’ve found a premium domain that you know will be perfect for the brand you’re trying to build, you’ll thank yourself later for spending the extra money and getting the best domain possible for your site.
Our goal is to help you find the best domain, whether that means buying premium domains or regular domains.
If you are interested, please let us know. (Free examples)