- Impact
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Ever wondered how many people have the same First or Last name? In today's digital age, understanding the potential market size for domain names is crucial if you are looking to invest in online properties or wonder how much one is worth. Domain Academy offers a powerful tool designed to estimate the market size for domain names based on proper names. This tool leverages U.S. census data to provide valuable insights into the number of potential buyers for a given domain name.
Key Topics:
Introduction to the Tool: An unknown speaker introduced the "how many people" tool, explaining its purpose in identifying the potential market size for domain names based on proper names. They emphasized the importance of this tool in estimating the number of potential buyers for a domain name. 0:00
Using US Census Data: The speaker explained that the tool uses the latest US census data to query popular names like Joseph, revealing that there are over 800,000 people with the name Joseph born in the last 40 years, making it the 10th most popular male name. 0:29
Variations and Nicknames: The speaker highlighted the importance of considering variations and common nicknames when using the tool. For example, querying the name Joe reveals an additional 37,000 potential buyers. Similarly, the name David, the 7th most popular name, has about 840,000 potential buyers, with another 4,000 named Dave. 0:57
Last Names: The speaker demonstrated the tool's capability to query last names, using Smith as an example. There are two and a half million people in the US with the last name Smith. However, a name like smithy.com has less than 100 potential buyers, indicating a small market size. 1:24
Tool's Effectiveness: The speaker summarized the tool's effectiveness in providing an idea of the potential audience size for first and last names, helping users estimate the ease of reselling a name and the price to charge based on market size. 1:45
**These videos are provided for educational and informational purposes only and do not constitute investment or financial advice. Always do your own research before making a purchase of any domain name. **
