Mr. Dao states, โDomains are like real estate goldmines, once registered, theyโre gone forever. Thatโs why we have to take this route in order to get the names we want. Off course, itโs costly to obtain a URL, but a great name will ultimately save us millions in branding if the URL is catchy and memorable.โ
As more people use the internet and start their online businesses, there will be less and less good names available. And donโt even bother with .net, .org, .info, .biz, or .tv extensions, a โdot comโ will always stay in peopleโs minds. Peopleโs fingers are so used to typing โ.comโ that the โdot comโ domains will forever be greatly sought after. If you currently have a .net URL, Mr. Dao recommends to get rid of it. You will lose traffic to the person who owns the โdot comโ extension of your website. All your online marketing efforts and expenses will be benefited by them.
So, if you have a great URL that youโve bought but havenโt had the chance to implement, then hereโs your chance to sell it and make a small profit. How much can you get for your name? Well, hereโs a sample of the most recent purchases for 2005: ShoppingCart.com for $285,000, Photographer.com for $133,000, Website.com for $750,000, and Property.com for $1,000,000. As you can see, these domains are hidden gems that corporations have purchased because of their intrinsic keyword traffic and branding value.