Domain Names and Covid-19

written by

JoeUddeme

JoeUddeme

Domain Names and Covid-19

Over the past few weeks, there have been many readers asking about the effects of Domai Names and Covid-19 on domain names. Should we hold our names, or sell them now? How has the impact of the global pandemic affected domain name investors and owners of valuable digital assets?  Will we be heading for a deeper depression, and how would all of that translate into the current value of your domain name portfolio.

In the short term, if you can sit on your names, you would probably be better off in the long run. The market uncertainty has thrown domain name values for a loop. Financial market volatility has a direct correlation with domain name investment values. As a result, now is not the time to sell your domain name to the end-user. Its also not the time to expect top dollar values on your domain name inventory.

The market is different and is reactive to today’s landscape. Folks are still trying to figure things out—and most importantly—stay healthy. We are faced with a new way of life now with remote workplaces, and limited exposure to the people we care most about. When the dust settles, domain name portfolios will evolve and some additional GTLD’s will continue to go by the wayside. Domain name starts will continue to suffer (a start is defined as a new potential domain name acquisition or valuation).

Brands push Pause

Just three weeks ago, domain starts were up. The market was robust and many startups, and emerging brands had major growth. 2020 was off to a great start and then boom. In a matter of weeks, things have dried up. Most acquisitions that were on the target board have been placed on hold, with buyers deciding to wait for the dust to settle from the outbreak. Things are rough and will continue to deteriorate.

Growth has turned into retraction with global markets reacting to their municipalities ability to control the spread. Simply put: things have frozen. People aren’t spending and have decided to stand pat. Hundreds of thousands of employees are losing, or have already lost their jobs around the World. Companies are scrambling for a plan to deal with the circumstances.

What should we do?

As with any alternative or digital investment, it’s wise to have a long-term plan. Domain names, are very similar to real estate and will ultimately retain value and upside. More specifically, .com digital real estate will continue to hold value. Additional TLDS will continue to fade out—at a fast clip than over the past two years.

  • Only sell if you need the capital—understand that the market is different so selling now, will probably not deliver top dollar for your asset.
  • Hold if you Can—now, more than ever, you should hold your inventory. You might be in it for a while at this point. Can you afford to wait for the proper rebound?
  • Don’t panic—there is always liquidity in domain names
  • Diversify your portfolio—now is the time to clean out the junk and trim the fat so-to-speak

We always encourage you to like our articles and share with your network. Keep a look out for additional pieces related to the current climate for domain names as an investment tool and provide your feedback if there are topics you would like for us to cover. Learn more by visiting our website. NameExperts.com

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How to Buy a Domain Name – 10 Tips to Follow Before Buying

Among the most crucial decisions in establishing an internet presence is picking a domain name. Ignore the trends and fads of the day and pick a name that makes sense for your company or subject matter today and will still make sense a decade from now. Here are 10 suggestions that will assist you to make a fantastic domain name purchase. 1. Do your homework Just a small amount of research can go a long way when purchasing a domain name. Find similar websites and check out your competitors’ domains with a website like Compete.com. Use dnpric to determine when a domain name was last sold, for how much, and the web hosting agent. A favorite domain may have more people resales. You can search by keyword, which will help provide the popularity of particular words in domain name. 2. Buy Domain Name People Can Remember Even if you’re planning on optimizing the website for search engines, you still need a domain name that individuals can remember and type. Anyone hearing your name needs to know how to sort it without you having to say things like”the number 4″ and”dash-dash.” It’s also wise to avoid words that have more than 1 spelling if your customers are most likely to be confused and mistype the name. Alternately, you can purchase both versions of the name and guide visitors in the one you prefer less into the name. As you do want a brief name (see below), do not go for something so mysterious that people have difficulty remembering it. 3. Avoid slang terms Stay away from slang terms and instead select a name that will continue to be meaningful in ten years. This may also help your title be known and remembered by non-native speakers. Whether you intend to conduct business globally, this can help to your neighborhood audience also. 4. Purchase a domain that is shorter rather than longer The more your domain name is, the harder it is for people to remember it and the greater chance you have of someone misspelling among the words. Most good single word domains are long gone, but it’s still possible to prevent long domains by getting a little creative. For those who have one word you really enjoy that’s not available, consider adding an adjective or verb in front of it and seeing if those variations are available. Think of your domain name as part of your brand, and be sure it matches how you want visitors to consider you. 5. Stick with. Com if you’re able to Most individuals assume that a domain name ends in. Com so in case you purchase a domain name with one of the additional extensions (.Net, .info, .org, etc.), you will have some additional work to get people to keep in mind your site has another extension. Do not automatically assume you should just buy domains with. Many websites have done very well with different extensions. 6. Do not buy trademarked domains Even if you’re not trying to create confusion, then you are most likely to face some legal challenges by purchasing trademarked terms in your domain name. To be safe, you can look for U.S. trademarks at www.uspto.gov and be sure no one owns a trademark on the name you’re contemplating. 7. Do not buy a domain name that is too similar to an existing website Even if the expression is not trademarked, do not buy domains that are only a variation of some other domain name. This implies preventing plurals if the singular is taken (mediatemple.net vs. mediatemples.net), hyphenating a term (media-temple. Alternately, you may consider purchasing these variants yourself and set them up so that if a person types in among those variants, they are redirected to your main website. 8. Avoid Buying Hyphen Domain Names However, we often forget about the hyphens when they type domains. Should you use hyphens in your title, do not buy a domain with over three hyphens. It is just too messy. 9. Avoid numbers People may get confused about whether the amounts is a digit (3) or a phrase (three). If you would like a number on your domain name because there’s a number in your organization name, purchase both versions (word and digit ) and redirect you to the other. 10. Check availability on Social Networking sites When you’ve got a name picked out, see if this word or phrase can be found on social networking sites like YouTube, Twitter, Facebook, Instagram, Pinterest, Google+, and Tumblr. Even if you don’t intend on using social media straight away, you will want the option when you are ready, and it is easiest if you can use the identical phrase on each website.

The Best Places to Buy and Sell Domain Names

1. Sedo Sedo is a dedicated domain marketplace (similar to GoDaddy) with millions of users. It has been around for over two decades, making it a trusted marketplace for buying and selling domains. Any domain name owner can sign up for free and list their domain for sale on the website, and prospective buyers can easily contact them through the platform to buy domains. On Sedo, sellers can set a fixed price for their domain, put it up for auction, or indicate that they’re entertaining offers with an unspecified price range. When buyers come to the site, they can search for any keyword and check if anyone has listed a related domain name on the market. Sedo Search Sample: The first three results are bikes.org, bikes.co, and bikes.biz, which are premium domain names and Sedo also includes other domain names that are closely related to your search phrase to sell domains. The first two domains in this example have a Make Offer buttons next to them, while the last has a Buy It Now button for your popular domain. This indicates that the domain sellers of the first two domains put them up for auction, while the third domain’s owner set a fixed price for their marketing strategy. As a buyer, you’re free to search for any specific URL and find related domains listed on Sedo to find the perfect domain. Purchasing from the domain marketplace requires added registration and jumping through a few other hoops, but it’s worth it as Sedo has such a large selection of premium domains available for acquisition. 2. NamePros NamePros is an online community for domain name owners to interact and discuss events related to their industry. In the forum’s early days, users commonly posted they had domain names available for sale and wanted to connect with potential buyers. Observing this, the owner of the forum launched an official domain marketplace section for buying and selling domain names. On NamePros, any registered user can list the domain names they have available in a forum post. To make the domains easy for prospective buyers to find, NamePros has formal categories that users can attach to their posts to find the perfect domain. How much is it worth? Namepros can also share pertinent details of recently sold domains that are similar in nature to your domain search. Because it is a forum, NamePros only helps buyers and owners find each other and it’s up to them to negotiate and decide how they’ll handle payments for the domain. This is unlike Sedo, which facilitates payments and domain transfers for its users among other services. When using NamePros to buy a domain you should be more careful about your purchase. Set specific terms with the seller before proceeding on any deal and use a trusted online escrow service (e.g. Escrow.com) to ensure that the payment goes through only after the seller has transferred the domain name to your preferred registrar. You can find a large variety of domain names for sale on NamePros, making it one of the best domain marketplaces in the World. 3. Flippa Flippa is a marketplace competing with Godaddy for buying and selling online properties, including websites and domain names. The platform has facilitated millions of dollars in domain name sales since its inception in 2009 and has built a reputation as one of the most trusted domain name marketplaces to find the perfect domain name. The most expensive domain name deal arranged on Flippa was StockPhoto.com, which sold for $250,000. Any domain name owner can sign up on Flippa and list their domains, but it requires a payment; $29 for a base listing and $99 for an enhanced listing. Sellers often pick the second option because it makes their domains more visible to potential buyers looking for the perfect domain name. As a buyer, you can create a free account on Flippa and find domain names matching your taste. You can then search for a specific keyword and find related domain names listed by domain owners to buy domain names based on cost, features and budget. Easy to use: To demonstrate, we searched for “cars” and got the results displayed in the image below: The first three results were OldCarsForSale.com, acars.com, and fastsportscars.com, listed for $5,000, $100, and $1 respectively. OldCarsForSale.com is a premium domain worth its higher price. It’ll be a very good domain for anyone who wants to sell used cars online with a specific destination. Fastsportscars.com seems like a good generic domain name, but it can easily be mistaken for fastsportcars.com, giving it a disadvantage. It’s likely why it’s listed for an very low price and shows that you can find a good deal on a domain name, for personal use. When you’re ready to make an offer or buy a domain on Flippa, the platform handles the entire process for you. They have been around for over a decade and built a reputation on the Internet as one of the most trusted domain name marketplaces to find the perfect domain name on the net. 4. Namecheap Namecheap is one of the most widely-used domain registrars, serving over 2 million customers and giving Godaddy a run for its money! It also has a premium domain marketplace as well as business resource and forums support for its customers. Popular Domain names Internet marketplace where domain name owners can connect and manage potential buyers. Only domain names registered on Namecheap can be listed for sale on this marketplace and owners can list their domain names at a fixed amount or put them in auctions. If a seller lists their domain at a fixed price, you can purchase it immediately just like you would purchase a new domain on Namecheap. Auctions: If the seller puts their domain up for auction, you’ll have to participate in a timed bidding process for all auctions. If you are selling your domain, Namecheap collects a 10% commission on each sale. You must have a Namecheap account to buy domains from its marketplace and after buying any domain it is automatically transferred to your control. The convenient sale process makes Namecheap one of the easiest domain marketplaces to use over other domain marketplaces. 5. Atom.com (formerly Brand Bucket) Quality Assurance: Each premium domain is carefully reviewed by branding experts to ensure it meets high standards of originality, pronunciation, and memorability when selling domain names. Business Identity Professional Logo Designs: Top designs for your org and branding strategy. Visual Identity Package: Every premium domain listing includes a professionally designed logo for your org, providing a cohesive domain brand package for your business resources and companies identity. User-Friendly Search and Navigation Advanced Filtering: Search domains by industry, point, style, length, and other attributes to find the perfect match.   Where can I sell my domain name fast? If interested, you can quickly sell your domain name on any of these marketplaces. A large platform such as SEDO, GoDaddy, Afternic or Namecheap offer great options for buying domains quickly and a fast transfer process. Where can I sell my domain name fast? If interested, you can quickly sell your domain name on any of these marketplaces. A large platform such as SEDO, GoDaddy, Afternic or Namecheap offer great options for buying domains quickly and a fast transfer process. How fast do domain names sell? Domain names take anywhere from hours to days, months, or years depending on the demand for them. The amount the domain is listed for also plays a role in how quickly it will sell. If the price is too high relative to its value, there may be no interest from buyers, especially for a premium domain. If a domain is listed on the wrong marketplace, it may not sell. Use a large marketplace like Godaddy for your companies success. Where do I buy expired domain names for sale? Many domain registrars host auctions for expiring domain names, including GoDaddy, Namecheap, and Network Solutions to buy domains. There are also websites specializing in auctioning expired domains, such as ExpiredDomains and DropCatch market services for other domain name sales on non-active domains. How can I build or develop my domain? Select a registrar, select and pay a hosting company to host the domain and a web builder interface to develop the site. WordPress or Wix are great platforms for easy sales development tools on the Internet. Godaddy has a turnkey solution for your companies development to make it worry free.

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Is .com domain name still relevant?

.com is still relevant As a super-premium domain broker and domain name valuation expert I am continually asked if the .com is still as relevant as it once was…The short answer is absolutely and here’s why… Branding remains at the forefront of all carefully executed advertising or 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, credibility, and is easily memorable. Often times, we refer to the .com as the 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 the .com. This is still relevant today. In using this example, we can demonstrate the significance of the .com domain name.

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

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Secure.com

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F*ck.com

Radian.com

MetaData.com

Prize.com

Link.com

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Programs.com

Claim.com

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NQ.com

Rest.com

Humani.com

Max.com