Lanky
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I found this domain on GoDaddy and I have a question?
Why is this domain too expensive? Because of the keyword?
What make domain name more valuable?
I'm pretty new in domain industry.
Thank you <3
Also saw ELiveWell expired out.. No one bid on it. I saw lot of E domain's with E being actively used
Does it really make anysense putting an E in the beginning?
As a domain investor you really need to become a marketing expert as well and that will likely take several years of looking at domains and sales.
BeautyMarket.com - Domain that can sell in the $xx,xxx range. Good Brandable, but has a generic feel making it less appropriate for high-end buyers.
LiveWell.com - Domain that can sell in the $x,xxx,xxx range. Excellent Brandable, call-to-action, and used in wellness, health, finance, travel, nearly any high-end market.
The best thing to do, once you have the experience, is to put yourself in the Buyer's point-of-view. If you had a company that was going to make several million dollars a year from a particular service or product, what would the domain be worth to you? You have to be realistic and also compare it to similar domains that are available. For example, when I bought GreatBrand//com, comparable domains were $40,000-$50,000, so I had an idea of what a good deal was. So knowing that, you can't go and put TheGreatBrand.com up for sale and expect to sell it for $50k, because based on other domain availability, it isn't going to happen.
I found an extremely interesting video on valuation that really every domain investor should watch. The video is on Logo Design, and the focus is on the fees that designers charge and how they vary tremendously. At the low end, designers are charging $500. At the high end, $30,000+ to over $1 million. Very interesting and the concepts directly apply to domains and domain buyers as well.
I recommend watching the whole video, but if you leave early, make sure you watch the last 20 seconds starting at 36:02.
Amazing the administrators weren't able to renew this as it could have sold for more I think.
I think that the two factors of the positive feel of the domain name (and 100% memorable and radio test correct) and the broad number of ways it could be used (over 3 billion Google results on term) contribute to the fact that it is being sought by multiple people willing to pay a good price for it.
It is not in NameBio, but according to GD GV the exact name sold for $20,000 previously. The .net version of it does have a sale in NB at $1400. Sold for a good amount in .in as well, all good signs of worth. According to Dofo it is taken in 113 different TLDs, meaning many potential upgrade possibilities if you were the owner and shopping it around.
Bob
PS Not sure if it will let OP edit title of thread, but rather than saying why is this domain too expensive more appropriate to say why is this domain so expensive
"The .net version of it does have a sale in NB at $1400." - What is NB?