October 19, 2016

Is .com domain name still relevant?

written by

Joe Uddeme

Joe Uddeme

Is .com domain name still relevant?

With so much competition, it’s easy to wonder if the .com domain has lost its edge. Not so, says domain name expert Joe Uddeme. Here’s why.

 

As a super-premium domain broker and domain name valuation expert, we are continually asked if the .com is still as relevant as it once was.

The short answer is: “Absolutely!”

Branding remains at the forefront of all carefully executed advertising and marketing campaigns. It’s imperative that your message is clean, concise and to the point. Some of the largest and most successful companies around the globe understand the importance of brand appeal.

The domain name is the “foundation” for the brand. The .com domain name adds equity and credibility, and is easily memorable. We often refer to the .com as beach-front real estate.

Additionally, domain names are valuable and continue to retain that value. Most startups and brand managers understand the importance of the .com, as consumers have been programmed for years to gravitate towards it. It is irrefutably still relevant today.

Key Takeaways

  • .com domains in everyday life
  • The rise of mobile advertising
  • Investing in .com domains makes sense

 

 

Advertising and .com

Take a typical 60-minute program on television. Within that hour, at least eighteen minutes are geared towards commercials. The rest of the time is actual programming.

There are six breaks of three minutes with six 30-second commercials per break. Five out of six brands advertise the .com in their marketing campaign. Furthermore, consumers have been programmed to gravitate towards .com.

Additionally, over the past 30+ years, top brands have acquired and marketed their companies with the top domain names, and to this day, .com reigns supreme.

Man walking through busy city surrounded by neon advertising signs

 

Will advertising and marketing strategy shift?

Some would make the case that the .com is dying and losing value, especially with mobile marketing continuing to grow. While there might be some validity to this, it’s not entirely true.

Most efforts to change the .com as the dominant tld revolve around small to medium-sized businesses. These companies continue to acquire alternatives for a fraction of the price of the .com. Many of the alternative TLDs, however, are proving unpopular and, thus, of little value.

 

What does this mean for you?

Savvy brand managers and startups need to carefully select their brand and determine their scale and marketing reach. The .com is the only way to effectively add value to your brand and increase global appeal.

Remember, consumers have choices – more so than ever, and it’s important to make a good first impression. A dominant domain name is the cornerstone of any successful online presence.

In addition, Advertising is everywhere. As consumers, we are deluged with ads that saturate our minds with new products and services.

Finally, Take the challenge and review advertising best practices. Super premium and keyword-dominant .coms will continue to dominate the large-scale global appeal. In short, .coms will continue to add value to your global brand.

 

About the author

Joe Uddeme is Director and Principal of Name Experts, one of the world’s leading domain name brokerage services. He has overseen domain name sales and acquisitions totaling more than $150 million and is renowned worldwide as a go-to expert in buying and selling premium domains. Contact us at: [email protected]

Subscribe for More Domain Buying & Selling Advice

Related posts

Two businesspeople shaking hands, as if sealing the deal on a lost domain name transaction
I Lost My Domain, How Do I Get It Back?

It is surprisingly easy to take your eye off the ball when managing one or more domain names. In this blog post, domain name expert Joe Uddeme explains what to do if your domain name appears to be lost.   My domain is expired. My domain name is lost. I forgot to renew my domain name. Now what? If you lost your expired domains, missed the grace period and now your website is deleted, it’s easy for panic to set in. Expired domains can wreak havoc for any brand. A common issue is that an expired domain name has transferred to another registration – and now there is no access to search your registrar. The redemption period has lapsed and your domains cannot be renewed. Another burning question is: “Did my backlinks expire or transfer with the renewed domain name transfer?” Let’s explore expired domains and detail the grace period for your expired domain.   Key takeaways All is not necessarily lost when a domain name has expired Just because your name has been bought by someone else, it doesn’t mean you’ll never get it back Discover the key issues for a business when a domain name is lost

Family of people of various ages crowded around a computer as if investigating domain name services online.
What Is the GoDaddy Domain Broker Service, and Is it Worth It?

Everybody’s heard of GoDaddy, whose services include quick, cheap registration of available domain names. In this post, NameExperts.com Director Joe Uddeme explores their other services – and whether they’re the right option for premium domain name buyers.   GoDaddy is the world’s largest domain registrar, with over 90 million domain names registered and counting. Thanks to never-ending marketing, the average person likely thinks of GoDaddy when they want to buy a new domain. It’s common for people to visit GoDaddy, type the domain they want to buy, and see that someone else has already taken it. But GoDaddy doesn’t leave the user hanging– it suggests an alternative domain name or advertises its domain broker service, as seen in the image below:

Man stares at a large whiteboard. He is wearing a purple tee shirt.
How Much Do Domain Names Cost? Everything You Need To Know

Ready to start a business? Then get set to enter the world of domain name buying. In this post, NameExperts.com Director Joe Uddeme covers all the pricing information a newcomer to domain names needs to know.   When it’s time to start your business online, securing a domain name is the first step. Regardless of whether or not your business is established, you can’t create a website without a domain name. If you’re like most business owners, you’re probably wondering how much do domain names cost? You might also have questions about how much time you should spend looking for the right URL or even how to buy a domain name. We’ve got the inside scoop on what you need to know. Your domain name essentially functions as your website’s address, so you want to make sure you have one that is simple and relevant. You’ll also want to make sure it’s easy to remember so that people can easily find you and your business online. With all of that in mind, it’s easy to see why some people are willing to break the bank to get the domain name they want. If your domain name is just right, it can greatly increase website traffic. Discover everything you need to know about domain names and how much they cost right here. Key Takeaways A beginner’s guide to domain names Pricing details for domain name buyers How a domain broker can secure a better price and streamline the process   Pricing for Domain Names – the Inside Guide Ready to delve into domain names and what they cost? Let’s start with the basics: What Is A Domain Name You don’t want to shell out a ton of money on a domain name without first understanding what you’re paying for. We mentioned it earlier, but a domain name is the web address you type into a browser to bring up your specific website. It typically will start with https or www and will end with something common like .com. You’ll recognize some of the higher profile (read: high traffic volume) domain names like www.google.com or www.irs.com. Why Do You Need To Purchase One If you want to have a website, then registering your domain is absolutely necessary. There are three main reasons why you might need to buy a domain. 1. You’re building a website. You’ll most likely use a domain name that ties in with your business name or utilizes keywords that are related to your company. This is a non-negotiable part of the business world – you need a domain name. 2. Another reason you might register a domain name is when you’re considering starting a business or website. If you have a great idea for a business or a website, then you might want to jump on registering the domain you want. Stake your claim before anyone else comes along and takes it before you’re ready to execute. Check out our guide to finding a great brand name for your business. 3. The third reason that people start to wonder how much domain names cost and start registering domain names is when they are investing. Domain name investing was really popular at the start of the internet age, when popular keywords were still available. Nowadays, a lot of domain names are already taken (read: what to do if the domain you want is taken), but domain investing can still be a great way to earn money. If you’re working with a broker who is managing your domain portfolio, you can find domains that have the potential for significant value and buy them now so that you can sell them for a profit later. How Much Do Domain Names Cost In general, you can purchase a domain name for $2-$20 a year, depending on discounts available and who you’re purchasing it from. Newer domain extensions, the part at the end of your address, like .app or .info might cost more, as they are newer on the market. We can break down how much domain names cost based on a couple of factors. Like we just said, the domain extension can increase the price – for example, using .com might be more expensive than .shop. Where you purchase your domain name is another factor. A reputable registrar might be less expensive than an aftermarket service or private seller. Additionally, if you choose to register for multiple years and elect to include domain privacy it can also increase or decrease the price of your domain name. You’ll find that the most expensive domain names will be the ones you’ll find on auction houses, through private sellers, or aftermarket services. Unfortunately, there are no hard or definitive prices for domain names, regardless of the avenue you choose to purchase from. The domain name industry varies, just like real estate. Sometimes it’s a seller’s market, sometimes it’s a buyer’s market – as our guide to domain name valuation illustrates. Scarcity, though, is what drives domain name prices to eye-watering levels. Add in desirabilty, and you have a recipe for domain name costs that can shoot through the roof. The most expensive domain name ever sold – cars.com – went for just a little short of a billion dollars. Make sure you consult a domain broker if you’re looking to buy from a private seller, or are looking to purchase a domain that is already owned. Brokers are experienced and can handle all of the ins and outs of the acquisition and negotiation process so that you get the domain you deserve at a fair price. Why You Should Consider Hiring A Broker As mentioned above, hiring an experienced domain broker might be the best idea to make sure you get the domain you want. However, for a readily-available name, such as parkmylimo.com, there’s no need – it’s yours from any of the registration companies for just a few dollars. If you can be flexible when the domain you want isn’t available, that’s another great way to snap up a bargain, too. Sometimes, though, you can’t proceed without a certain domain name. Even the mighty Tesla struggled to do what they wanted with the brand because they didn’t own tesla.com. They eventually bought it – after many years of negotiations and a price tag thought to be in the many millions. A broker with experience will know the market inside out. He or she will have a thick contact book, and their years of experience provide leverage when negotiating the best price for you. If going it alone, look out for hidden fees, discount scams, and even hidden costs in your written agreements. This is where having a domain broker on your side comes in handy. They know the lingo, they’ve negotiated before, and they aren’t emotionally invested, which means they just want to get you the best deal. Let a broker help you navigate this industry and help you determine what might be too good to be true. Sometimes, when a great domain seems really cheap, it might be because there are hidden fees when registering. A domain broker can help you choose a reputable registrar and find the right price.   About the author Joe Uddeme is Director and Principal of Name Experts, one of the world’s leading domain name brokerage services. He has overseen domain name sales and acquisitions totaling more than $150 million and is renowned worldwide as a go-to expert in buying and selling premium domains. Contact us at: [email protected]

Why Work with Name Experts

Name Experts offers personalized domain brokerage services, assisting clients in buying or selling premium domain names with expert appraisal, negotiation, and complete transaction management while ensuring confidentiality.

Some of our most
successful stealth acquisition and sales

Aid.com

Fit.com

Mine.com

GLD.com

Jeff.com

Fora.com

Nori.com

Secure.com

Guitar.com

F*ck.com

Radian.com

MetaData.com

Prize.com

Link.com

Loop.com

Programs.com

Claim.com

Quince.com

Hook.com

QXO.com

NQ.com

Rest.com

Humani.com

Max.com

Need help buying or selling premium domains?