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advice Premium domain names, their value, and why they cost so much

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Domain names are quite powerful entities in the world of the internet, and can make or break a business when an owner allows the domain name to expire.
Typically, premium domain names have been previously registered for quite some time.
In addition, premium domains can easily command high visibility across major search engines and draw global traffic for businesses that utilize such search-friendly gems.
The word or words that make up a domain determines the actually value of the domain and it being considered a premium domain name...
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