Why people pay huge money... ?

[Aebhi]

Hi everyone,

I'm new here and wanna know a simple question(maybe stupid question) that if people can buy domains from normal domain providers like godaddy.com, bigrock.com and many more then why they pay huge amount to domain traders ?

I need clarification !

 

[gilescoley]

If the name is is already registered, then they cannot just buy it from Godaddy or Bigrock

Most of the good names are taken so companies have to buy them from domain investors.

 

[Aebhi]

If the name is is already registered, then they cannot just buy it from Godaddy or Bigrock

Most of the good names are taken so companies have to buy them from domain investors.

thanks I predicated the same !

 

[lock]

Did you buy aebhi dot com perhaps your real name so it must be easy or if you didn't it is registered. If someone has your name now you have to pay more. Welcome to the game.

 

[easywebdomains.net]

Hi - Welcome to NP.

Part of your question was

why they pay huge amount to domain traders ?

Many (some say all), of the valuable domain names are already taken, and many of those are for sale by Domain Traders.

Consider these related names, which one looks the most professional and valuable?

1. easywebdomains.net <- This was available and I like the word "easy", I am trying to preserve my capital during year one so I bought it from a registrar like Godaddy for a standard price. However it's not the .com so the name looks inferior to the .com

2. easywebdomains.com <-This is taken. Godaddy says they might be able to broker it for me for £48.99. Then there is the negotiated amount which could be expensive. However the Godaddy estimate is $1209 so the wholesale value is somewhere between $60-$120. I expect the seller would want a lot more than that so no deal for me as a one man enterprise, but if I was a large company it could be worth it.

3. easydomains.com <- Now we are talking! This is taken but if it were for sale on the open market godaddy estimates it at $7595, and I would say the name could command that kind of a price as I doubt if you would ever see that for sale at a wholesale price. Bear in mind Godaddy is just one estimate and people / bots can estimate wildly differently depending on the criteria and knowledge they apply.

4. domains.com <- Obviously taken and worth mega bucks because it is a single word domain, in a valuable industry, with the added benefit of (probably) a decent amount of type-in traffic (people who directly type in domains.com into their browser). Companies would be prepared to spend to get this name.

I hope that helps as to why domain names increase in value. It is at least part of the reason. The other main one being how much valuable traffic it already pulls in - but I don't want to go off topic.

 

[Aebhi]

Hi - Welcome to NP.

Part of your question was


Many (some say all), of the valuable domain names are already taken, and many of those are for sale by Domain Traders.

Consider these related names, which one looks the most professional and valuable?

1. easywebdomains.net <- This was available and I like the word "easy", I am trying to preserve my capital during year one so I bought it from a registrar like Godaddy for a standard price. However it's not the .com so the name looks inferior to the .com

2. easywebdomains.com <-This is taken. Godaddy says they might be able to broker it for me for £48.99. Then there is the negotiated amount which could be expensive. However the Godaddy estimate is $1209 so the wholesale value is somewhere between $60-$120. I expect the seller would want a lot more than that so no deal for me as a one man enterprise, but if I was a large company it could be worth it.

3. easydomains.com <- Now we are talking! This is taken but if it were for sale on the open market godaddy estimates it at $7595, and I would say the name could command that kind of a price as I doubt if you would ever see that for sale at a wholesale price. Bear in mind Godaddy is just one estimate and people / bots can estimate wildly differently depending on the criteria and knowledge they apply.

4. domains.com <- Obviously taken and worth mega bucks because it is a single word domain, in a valuable industry, with the added benefit of (probably) a decent amount of type-in traffic (people who directly type in domains.com into their browser). Companies would be prepared to spend to get this name.

I hope that helps as to why domain names increase in value. It is at least part of the reason. The other main one being how much valuable traffic it already pulls in - but I don't want to go off topic.

thanx for the detailed information really appreciate your answer.

 

[April004]

why they pay huge amount to domain traders ?

I need clarification !

ah! It's simple, you own BestTouristPlacesInDelhi.com as it was available, but it is long, difficult to remember, not brandable, hard to type (anyone can left a character while typing) and then you want Delhi.com - a short, easy to remember and easy to type, brandable domain, but it is already registered by someone and parked (for sale) then you'll have to contact either domain parking company or domain broker who will negotiate a price for you with the domain registrant (if he is willing to sell). For this huge amount is required for efforts, and also for the type of the domain name and its value. I've seen some people negotiating for 7-8 years with the seller and still not got the domain as both parties don't agree on single final amount! But there as also some quick domain sales within a day!

 

[Aebhi]

ah! It's simple, you own BestTouristPlacesInDelhi.com as it was available, but it is long, difficult to remember, not brandable, hard to type (anyone can left a character while typing) and then you want Delhi.com - a short, easy to remember and easy to type, brandable domain, but it is already registered by someone and parked (for sale) then you'll have to contact either domain parking company or domain broker who will negotiate a price for you with the domain registrant (if he is willing to sell). For this huge amount is required for efforts, and also for the type of the domain name and its value. I've seen some people negotiating for 7-8 years with the seller and still not got the domain as both parties don't agree on single final amount! But there as also some quick domain sales within a day!

thanx man... I got it now

 

[Jim H]

Good suffix, short, easy to remember, unique, products or service matching, common vocabulary, positive meaning.