information Why someone would pay thousands for a domain name

[News]

• High Recall Value: The simpler and more direct the domain, the easier it is for customers to remember. This can directly translate to increased visitor traffic.
• Credibility Boost: A premium domain often gives your business an edge over competitors in terms of establishing instant credibility. A potential customer is more likely to trust “Books.com” over “MyOnlineBookstore123.com”.
• Effective PPC Campaigns: Short and straightforward domains are known to improve click-through rates in PPC campaigns. An easily comprehensible domain is more clickable in search engine results.
• Premium Domains are Assets: Just like real estate, premium domains can appreciate over time. If your business shifts direction or rebrands, you can always sell the domain often at a higher value.
• Reduction in Marketing Costs: An aptly named premium domain can reduce the amount of money you need to spend on other marketing activities, as the domain name itself can be self-explanatory and catchy.
• Global Appeal: Premium domains, especially those in .com, have a global appeal. They can be beneficial if you are planning to expand your business internationally.

Read more . . .

 

[Constantin S]

"today there are about 76 million dot com names registered worldwide"
Did he use stats from 2008 or something? there are more than 160 million .com domains registered.

 

[Hypersot]

"today there are about 76 million dot com names registered worldwide"
Did he use stats from 2008 or something? there are more than 160 million .com domains registered.

Most probably an old article that has its date renewed over and over again to show that it's fresh.

 

[DigiNames]

This sounds like it was written by ChatGPT