What is a Premium Domain Name?

written by

Joe Uddeme

Joe Uddeme

What is a Premium Domain Name?

Every business needs to have an online presence in this current age. The internet is one of the primary channels to entice potential customers, so businesses that don’t have an online presence are doing themselves a disservice.

The best way to showcase yourself online is by having a website stating clearly what you or your organization offers with a premium domain name to match.

The domain name is how people will find you on the web, so it’s necessary to have a good one.

What are Premium Domains?

Premium domain names are high-quality domain names giving you greater recognition on the internet. They’re often short, catchy, and memorable. They’re the domain names that people are likely to search for and trust over other names.

A premium domain name would go a long way in drawing organic traffic to your website. They’re usually costly, but one of the best investments you can make.

It’s not a coincidence that most of the successful online businesses we know have premium domain names (e.g., Stripe.comAmazon.comGoogle.com, etc).

Need help buying a domain? We make the domain buying process easy.

How Do You Know if a Domain Name is Premium?

The easiest way to determine if a domain name is premium is the price you see when you search for it for a domain registrar. Likewise, you can use a premium domain checker for this task.

Premium domain names often range from a few hundred dollars to thousands of dollars or tens of thousands occasionally. There are also specific characteristics differentiating premium domain names from the pool of all domains, and they include:

Length

“The shorter the name, the better” is the rule of thumb governing domain names. Most two or three-letter domains are considered premium because they’re easy to imprint on customers’ minds.

These short names are also usually abbreviations adopted by various companies, so there’s intense competition for them.

Generic Value

Domain names consisting of generic words fetch a higher value than those with non-generic words. Generic names are easy to remember and brand, so there’s significant demand for them.

You’d have an advantage over competitors if your domain name consists of a word that broadly relates to your industry.

For example, Checkout.comBill.com, and Authorize.net are leading payment providers. Crypto.com and Blockchain.com are two famous cryptocurrency exchanges.

Customers need little effort to memorize such generic domain names, so it gives these companies a significant marketing advantage compared to their peers.

Search engine optimization

Search engines are the primary way people discover websites. Hence, any domain name matching what people mostly search for carries more weight.

CreditCards.comHouseRepairs.com, and RentalCars.com are examples of domain names with high value stemming from search engine optimization.

Buyer Demand

Some domain names don’t look attractive at first glance but see great demand from prospective buyers for various reasons. These domains command high values because of the bidding war over them.

Numerous domain registrars let you check for available domain names, and it’s easy to identify the premium ones based on their prices and the other factors stated above.

If the domain name you want is already taken, don’t give up. You could still acquire it by making a direct offer (more on that below).

How Do You Get a Premium Domain?

The first step to buying a premium domain name is knowing if it’s available using a premium domain checker. You can buy it straight away if it is. If not, you’ll need to find the owner.

Many domain names are registered but not utilized to a considerable extent. Sometimes, you’ll see a homepage filled with advertisements and affiliate links but hardly any content.

This is an attempt by the owner to monetize what’s basically an abandoned site. If you encounter such a website, then it’s positive news for you. The owner is more likely to sell than someone actively hosting a site.

If the website has a contact form, you can use it to reach out to the owner with an offer. If not, you must get creative in finding them. The easiest way to do this is through the WHOIS database.

It is a public database containing the information collected when someone registers a domain name or adjusts their DNS settings. ICANN, or the International Corporation for Assigned Names and Numbers, regulates the WHOIS database.

Searching the WHOIS database

ICANN allows anyone to search its public database for domain name ownership information. You can do that through the agency’s online lookup tool or your PC’s command prompt.

Searching WHOIS Online

The official URL of ICANN’s WHOIS lookup tool is lookup.icann.org. Once you open that page, you’ll see a search bar where you can type in any domain name and press the lookup button. We searched for Microsoft.com to demonstrate, and we got the results shown below;

You can see the email assigned to Microsoft’s domain name is [email protected]. Hypothetically, we can contact that email with an offer for the Microsoft.com domain name, but we’re sure the well-known technology company isn’t willing to sell.

Searching WHOIS via Command Prompt

Searching WHOIS through your Windows command prompt is a complex process, so we recommend that only computer geeks take this route.

Step 1:

Download the whois.exe file from this link.

Step 2:

Open the command prompt terminal.

Step 3:

Set the command prompt directory to the folder where you save the whois.exe file in.

Step 4:

Type in your query in the following format: Whois domain.com or Whois64 domain.com if you’re running a 64-bit computer. If you want to search for Microsoft’s domain name info, then type Whois Microsoft.com, and you’ll see the contact information.

Sometimes, a domain name owner may have enabled privacy protection through their registrar, meaning you can’t see their information. It implies that they’re likely not interested in selling their domain.

With the contact information, it’s time to negotiate a domain name sale. The process can be hectic and take long periods, so we advise you to hire an experienced domain name broker to help you.

Why Should I Buy a Premium Domain Name?

A premium domain name carries more authority on the web, meaning you’re more likely to get found through search engines or social media. It also brings about better brand recognition, making it easy to attract customers through advertisements.

Many domain registrars have a premium domain checker for their users to find and bid for premium domains without stress. Examples include Name.com and Domain.com.

Who Owns Premium Domain Names?

Anybody or any organization can own a premium domain name. Some are owned by business-savvy people or companies looking to flip them for a profit. Some are owned by domain name registrars themselves hoping to find buyers.

How Do You Value a Premium Domain?

There are various factors to consider when valuing a domain name. They include length, genericness, search engine recognition, and historical domain name sales data.

There are numerous appraisal tools available online that combine these attributes to value individual domain names. A good example is GoDaddy’s Domain Name Value & Appraisal tool.

Why are Premium Domains So Expensive?

Premium domains are so expensive because there’s considerable demand for them. The number of premium domain names is significantly less than the number of potential customers vying for them. Hence, premium domain owners can charge high prices and still make easy sales.

In this article, we answered some critical questions webmasters always ask. What are premium domains? How can you get one? Why are they so expensive? We believe our answers to these questions should help in your quest to get the best possible domain names for your website.

Need help buying a domain? We make the domain buying process easy.
Subscribe for More Domain Buying & Selling Advice

Related posts

Default alt text
Why You Should Use The .com For Your Domain

.COM for Business Using a .com domain for your identity offers several significant advantages that can positively impact your brand’s identity, visibility, and long-term growth. Here’s why a .com domain registration transfer is often the best choice for a new domain registration and purchase in your desired price range. The purchase can be daunting and less secure without the proper knowledge of the transfer process. Price range is a major factor when it comes down to buying-or a potential sale of your URL. Global Recognition and Trust Most Recognized Top Level Domain: The .com domain extension is the most widely recognized TLD globally and connects the World. When users see a .com domain, they immediately associate it with a legitimate organization. It’s the default extension most people think of when typing a domain name or securing one for ownership and transfer. It’s a key consideration when you want to acquire a premium domain name. Trust Factor: Buyers tend to trust websites that have a .com domain over other top level domains. Most International registrars support the transfer of .com and offer additional features. Since it’s the most established and widely used domain extension, it adds an element of professionalism, security and reliability to your marketing plan. This helps visitors with peace-of-mind and more likely to engage with your entity and feel more secure. Memorability and Ease of Use Easier to Remember: A short, catchy .com domain is easier for people to recall. People are conditioned to associate websites with .com, making it more likely that they’ll remember your complete domain name when searching for your business or product suite. This improves free direct visit traffic, where users type your domain into their browsers, leading to higher engagement and conversions on your site to protect your brand and keep you covered. Fewer Mistakes: Because .com is the default TLD, potential individuals are more likely to accidentally type yourbusiness.com even if your actual website is on a different extension (e.g., .net or .org). Owning the .com prevents you from losing traffic to other sites and allows your client to complete the navigation. Customer Expectation .COM: Customers often expect businesses to use .com for both websites and email addresses. If a site uses yourbusiness.com for its website but an alternative domain like .net or .biz for its email, it could create confusion or even raise questions about the their legitimacy even if its catchy. A professional email address ending in .com adds security, simplicity and attracts more visitors to the domain to achieve success. Using the same .com domain for both your website and professional email helps create a cohesive brand identity for your new domain and keeps you protected and ready to continue to build your organization. Other TLDs: If your website is hosted on a .com domain but your email use different domain extensions (e.g., [email protected]), it can lead to confusion and undermine the consistency of your brand. Clients may accidentally send emails to [email protected] because they assume your email matches your website domain. Credibility with Investors and Partners Perception of Success: Having a .com domain is often seen as a sign that a brand is more established, successful, and serious about its online presence. Investors, acquisition partners, and other account stakeholders may view your brand more favorably if it has secured a .com domain, especially if you’re targeting a global audience, or providing services or support. Domain as a Digital Asset: A .com domain purchase can also become a valuable long-term equity play. Premium .com domains tend to appreciate over time, adding value to your organization if you decide to sell or expand services to maximize the best price for transfer. Register top keywords that identify with your services or product offerings or answer questions. Purchase a .org for your non-profit, or a .net for your network platform. Alternative TLDs such as .net and .org may each hold value to the domain name owner and may be attractive to the buyer as an cheaper alternative based on availability of domains. SEO and Search Engine Benefits Higher Click-Through Rates (CTR): A .com domain will ensure greater click-value in search engine results. Since users trust .com websites more, search engines like Google may favor them in search rankings, especially for advanced searches. Even if a domain extension doesn’t directly impact SEO, user buy behavior (like click-through rates) does, and .com domains tend to perform better in this area. Backlink Value: When other sites link to you, they may be more willing to link to a .com site due to its perceived authority and security. High-quality back links are essential for SEO performance, and .com domains tend to naturally attract more of those links according to search tools. International Appeal Global Acceptance: If your org operates globally or plans to expand internationally, a .com domain is universally recognized and accepted across borders and everyday life. Country-specific domains (like .co.uk or .de) can limit your reach or cause confusion in markets outside that specific country. They can also cause transfer issues. Consistency in Branding: As your organization grows, maintaining a consistent identity across different regions is essential. A .com domain helps establish a unified web presence, making it easier for customers worldwide to find and recognize your branding and url. Competitive Advantage Competitor Safeguard: Owning the .com version of your entity name prevents competitors from using it. Even if you currently use a different extension for your account, a competitor could purchase the .com and use it to divert traffic, confuse clients, or dilute your message or image and hurt security. Professionalism: Many well-established businesses, particularly in competitive industries, prefer .com domains. If a competitor has the .com version of a similar name, they may be seen as more professional or legitimate than a business name using a less common extension. Having a .com gives you an edge in appearing professional and trustworthy. Versatility to Ensure Growth Future-Proof: As your network grows, the .com extension is flexible enough to accommodate expansions into new products, services, or geographic markets. Unlike some niche TLDs, which may be associated with specific industries (like .tech or .store), a .com can grow with your entity and remain relevant in any market. Resale Value: Premium .com domains can become valuable assets if your organization is ever sold or merged. The high demand for .com domains, especially short, brandable ones, means they often increase in value over time and make them an easier sale for the seller in a reasonable range. Avoiding Confusion Preventing Traffic Loss: Customers may assume that a business’s website ends in .com, even if you use a different TLD like .net,.org, .co, or .biz. But of course, if you don’t own the .com version, users might end up on a different website, which can lead to confusion, loss of traffic, or even customers landing on a competitor’s site as an example. User Expectations: Since most websites prefer .com, users naturally expect that a professional, well-established site will have this domain extension. If you use a less common top level domains, a customer might view them as less credible and professional domain extensions. What other TLDs Are Good Options? Clients ask regularly if there are decent top level domain alternatives to the .com for transfer. There are many including, .org, .net,.co, .io, .ai, .xyz and .club domains that hold lots of power and authority. Top Extensions: These extensions are popular for use in the crypto and web 3 space.There are many organizations that capitalize on the generic value such as the banking industry with the .bank top level domain. With more than 2500 new GTLD domain extensions, you can now register and transfer anything from .legal to .top, to .car for your domain names. Here are a list of some top extensions and how they’re often used: .ai: artificial intelligence, machine learning support, reasonable renewal cost .net: internet infrastructure sites, more technical, fairly reasonable renewal cost .co: abbreviation for commerce, corporation and community .org: non-commercial org and non-profits .io: tech sites, business or commercial use support You definitely don’t need to use a website builder for every domain name. Make sure you forward any additional domain names you register to your primary site and add a secure server to protect your organization. The Dot-Com Domain Should Be Your First Choice When we talk about long term investing and ROI, we think about the stock market, commercial or residential real estate investing, gold bullion and Forex and certainly domain investing. Domain names hold value and add instant equity to the branding strategy and ownership in the purchase and sale of domains names. There are hundreds of thousands of prime opportunities to invest in the domain space and as the last 30 years have shown, the .com is the most credible TLD on the market, both domestically and abroad. This holds true if you are buying your domain for your business or to hold and transfer at a later date. Whether this is your first domain, or you own many domains, the .com creates easy accessibility for consumers and brands alike. Brand Protection: Companies work hard to protect their domain brands, account and marketing tactics. They invest millions of dollars and countless resources at building that beach front real estate and maintaining their Internet presence in the world. As experts in the domain space, we continue to recommend the .com as the superior domain with considerable upside and long term equity potential. Case Study: Tesla.com domain acquisition Here’s a case study of a .com domain acquisition transfer that highlights the importance and benefits of acquiring a premium .com domain for a business. The study involves Tesla’s acquisition of Tesla.com. Case Study: Tesla’s Acquisition of Tesla.com Background: For many years after its founding, Tesla (the electric vehicle manufacturer) operated under the registered domain TeslaMotors.com. Despite its growing success, the entity didn’t own the highly sought-after Tesla.com domain. TeslaMotors.com was functional, but having Tesla.com would better align with the company’s image as it expanded beyond cars to include energy products like solar panels and batteries. The domain Tesla.com was originally owned by a man named Stuart Grossman, who had registered it long before the organization existed. Grossman wasn’t actively using the domain, but he also wasn’t interested in selling it easily, making the acquisition a challenging and lengthy process. The Acquisition Process: Need for Rebranding: As Tesla grew and became a household name, the organization realized that TeslaMotors.com was limiting its branding. The “Motors” in the domain name suggested a narrow focus on cars, whereas Tesla’s long-term vision encompassed energy solutions, solar products, and batteries. The organization needed a simpler, cleaner domain—Tesla.com—that reflected its image as a leader in the broader tech and energy sectors. Complex Negotiation: Elon Musk, Tesla’s CEO, revealed that acquiring Tesla.com was a difficult process, taking over 10 years of negotiations. The domain owner, Grossman, was reluctant to sell the name for many years, leading Tesla to offer a significant amount to finally secure it. Musk later hinted that they had paid $11 million to acquire the domain, though exact figures weren’t officially disclosed. Hands-on Approach: Tesla’s approach to acquiring the domain involved: Patience: Tesla waited until the domain owner was ready to sell, all while continuing to build their company. Persistence: Tesla remained in contact with the owner over a long period, signaling ongoing interest and ensuring the owner knew they were serious buyers. Strategic Timing: Tesla finally closed the deal when they were ready to reposition their entity from just a car line to a broader energy and technology company. Outcome: In 2016, Tesla successfully acquired and completed the transfer of the Tesla.com domain and immediately rebranded their website and digital assets. This acquisition allowed Tesla to secure its concept and image across all its product lines and simplify its online presence and customer support tools.

Default alt text
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.

Default alt text
The Rebranding of Monday.com (from daPulse)

We’ve all heard of Monday.com. They are one of the biggest project management tools on the market. But, that was not always the case. Before Monday.com was Monday.com – they were daPulse, a name that ultimately was a hindrance to their growth. The daPulse name was out of sync with the project management business and limited their ability to scale their business. Changing to Monday.com was a sound decision that contributed to the company’s massive success. It demonstrates how naming is as essential as product development to any technology business. I was approached by the two founders, Eran Zinman and Roy Mann, to pursue a rebranding project. They wanted a generic and memorable domain name. One that ended in .com and could be used as a solidified brand. One of the names that stuck early on was Monday.com. After contacting the owner, the negotiation and engagement was flawless, and ultimately, Eran and Roy were ecstatic with the result. Early on, I remember some of the feedback was, “what the heck is Monday.com?” But, with fantastic brand marketing, the team has done an exceptional job at growing and scaling the company. It all starts with the foundation or a solid domain name asset to help build a brand. Here’s the story… In 2012, a group of Israeli entrepreneurs launched a company named daPulse. daPulse launched as a platform for enterprises to organize project management and collaboration between their workers. Though it started in 2012, daPulse didn’t launch commercially until 2014 after significant product testing and development.

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 your premium domain?