faruk replied

176 weeks ago

There is no exact scientific or mathematical formula to calculate and exact price of any domain. Automated computer generated appraisal services use algorithms based on certain criteria and metrics such as keyword popularity and search rankings but the results are too often widely inaccurate. Some Domain values are almost entirely based on the value of the domain as a brand -which is is hard to measure using metrics. In addition .com is still by far the most desirable and therefore most valuable of all the domain extensions and usually shorter words and short, easy to remember acronyms are the highest value as a general rule but not always.

yrthrth replied

176 weeks ago

To really know your domain’s value, you need to identify some of your potential buyers and the growth of the industry they are in, and their motivations and financial capabilities. The real value is in what someone is willing to pay. You can also look at similar names that sold that are in the same industry, have similar attributes, and or branding potential. Knowing what level related domains are priced at, how sought after your domain is both in USA and Internationally is hard to know for sure without a lot of initial research. For instance, China investors are presently willing to pay more for a 2–4 letter and even 2–4 numeric .com domains then many corporate buyers. This is why an experienced and persistent domain and IP broker is important to both sellers and buyers, as the process of arriving at a value is a combination of experience, art, science, legal, and market based. It takes most people months and years, and even costly mistakes, to be considered an expert understanding domain values.

fbfg replied

176 weeks ago

One of the previous answers mentioned Sex(.com). That sold for $13 million in 2010.

Those examples are a little far fetched for the average person but average people do end up with extremely valuable domain names.

In 2016 Google forgot to register Google(.com) and Sanmay Ved bought it for $12. He registered the domain through googles domain services and they quickly reversed the transaction but he owned it for about a minute. They ended up paying him $6006.13 for his troubles (lol) which spells Google in numbers.

faruk replied

176 weeks ago

You can still register valuable domain names. When new industries pop up like legalized marijuana or things that impact our social well being like coronavirus, those domain names become valuable.

If you want to see the price of average domain names, go to GoDaddy auctions. They list prices and estimated values of a variety of domain names that are for sale.

yrthrth replied

176 weeks ago

You can’t remember the ip address like 119.123.19.28 which is where a domain name comes in. You give a name to this ip address, say example(Dot)com

Now this is something you may remember and can easily navigate. This is why we need a domain name.

In fact, domain name investment is a big business. Some members on communities like NamePros etc. do business in tens or hundreds of thousands of dollars buying and selling domain names.

fbfg replied

176 weeks ago

We need domain names because otherwise we would have a very difficult time finding and remembering websites we want to look at. Without domain names, the only alternative would be to remember IP addresses and that’s not how a human brain is programmed.

faruk replied

176 weeks ago

I personally like domain names vs ip address.

Just like your smartphone. Had you rather remember your contacts Name, tap and call, or would you rather remember the phone number without the name. and guess which number belongs to which contact.

It makes navigating to websites much, much easier. It is how we humans think.

yrthrth replied

176 weeks ago

Mart domains usually wins on price, they’re huge and as such they can make less money off of people who buy domains through them. Go Daddy also offers a huge amount of additional services from hosting to email and the list goes on. If you want service to do it all for you Mart domains is that service.

Perfect domains
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