September 23, 2020

How To Safely Purchase Premium Domain Names

written by

Joe Uddeme

Joe Uddeme

How To Safely Purchase Premium Domain Names

Almost every good domain name you can think of has already been registered – meaning you’ll need to buy it from someone if you want it. NameExperts.com Principal Joe Uddeme explains how to do it the right way.

 

We are living in a time when there are more active domain names than there were people alive in the 1920s. There are over 1.8 billion websites, and this doesn’t even include the ones that aren’t active.

This doesn’t leave a lot of room for you to find an original domain name that will instantly connect with your market.

If you want your business to succeed in the online world, you will likely need to buy a premium domain name that is already owned by someone else. Keep reading to learn everything there is to know about premium domains and how you can successfully purchase them – with or without the help of a top domain broker.

Key Takeaways

  • Understand premium domains and what they can do for your business
  • Top tips for purchasing a high-value domain name
  • How a domain broker can simplify and streamline the whole process

 

What Are Premium Domain Names and Why Do You Need One?

You want your business to be successful right off the bat, and premium domain names might be the best first step. Here, we discuss what premium domain names even are and share a few tips to help you purchase them.

Elements of a premium domain name

Premium domain names are short, easy, and highly marketable names that are usually already bought by someone and are available for sale for a “premium” value. They are priced higher than normal domains due to a few factors:

  • They have high marketability thanks to their unique and trendy names that are instantly recognizable by the target audience.
  • Premium domain names tend to be shorter in length and are easier to remember. (Example: Facebook bought “fb.com” as it was used almost as much as “facebook.com”). While not on our list of most expensive domain names ever sold, it certainly commanded a high price.
  • They have optimized keywords that are hard to find in new domain names.
  • They usually end in the popular “.com” extension.

There are a few other things to consider and a few criteria that are used to qualify your domain name as premium. The first is if they are generic or single word domain and whether they have a .com or another globally driven brand.

They should also be pronounceable and meaningful and should have a desired commercial appeal. Similarly, does the name you want to have a clear path to developmental success or is it random and highly specific?

A premium domain might also already have a rich-SEO history and what we call a “white-hat” SEO past. Your domain should be catchy, brandable, and most importantly – scalable.

Basically, you’re looking for a timeless domain that won’t go out of style or be easily forgotten. A domain name consultant can advise here, and can prove invaluable when investigating your intended domain name’s past.

When you’re looking to add a domain name to your business, it’s important to focus on some of these pointers above if you want to add value and long-term equity to your overall brand. If you plan on selling your business someday, you want to choose a name that can be resold; try and give yourself a little digital curb appeal for if the business doesn’t pan out down the road.

Large 'Sale' sign in shop window

 

Why Premium Domain Names Are Necessary For Your Business

While they’re more expensive, premium domain names offer a range of benefits that often match that price and provide a pay-off in the long term.

The first benefit you can take advantage of is a higher reach and resonance with your audience. A memorable domain name will stick in consumers’ minds and create a more credible image around your brand. If they remember your domain name, they’re more likely to search directly for it. Check out our guide to choosing a strong brand name for your business.

Premium domains will typically contain relevant keywords that are used frequently by consumers of your chosen business segment. This provides a potential pool of traffic already searching for your domain – readily available for you to access.

Premium domain names are not essential when you’re first starting out and do not have a lot of capital. They are often expensive and might be a risky investment at the beginning. Once your business starts growing, a premium domain name will help take your online presence to the next level and open you to a world of new opportunities. The Name Experts team regularly helps provide detailed strategies about great business names to help your startup off the ground.

Office scene with man and woman conversing indicating a startup business

Our Tips For Purchasing Premium Domain Names

Buying domain names can be stressful if you do not have much experience with the process. Here are a few tips you can follow to successfully purchase a premium domain.

  • Hire a Domain Buyer Broker with a successful track record. They will help you perform a WHOIS search easily and aid you through the process of your purchase.
  • Make sure you get your broker to sign an NDA to protect your information.
  • Contact the owner professionally.
  • Keep a list of alternatives.
  • Be honest and flexible in your negotiations. No one wants to deal with dishonest or overly-rigid buyers.
  • Ask your broker any question that comes to your mind.

Why Choose a Domain Broker for your Premium Domain Name Purchase

Though this is a quick and general list, we highly suggest reaching out to an experienced broker to help you with the process.

A well-established firm like Name Experts offers a full-service domain name brokerage experience for clients. With over 16 years of industry experience and a proven track record (including helping Monday.com to rebrand), we can help you buy a premium domain name your business needs to boost its online presence.

We’re highly skilled at tracking down and reaching out to owners of off-market domain names, as well as negotiating the best price for our clients. Buying high-value domain names is a process, and our services ensure that you’ll get the best deal with the least fuss.

 

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 him at: [email protected]

Subscribe for More Domain Buying & Selling Advice

Related posts

Professional looking man (on right) and woman (on left) studying computer as if in conversation about domain names
The 3 Types of Domain Names and Common Domain Extensions

When you buy a domain name, you purchase a piece of digital real estate. But what, exactly, are you getting for your money? NameExperts.com Director Joe Uddeme unravels the elements of a domain name – so you’ll have a clearer understanding of the architecture behind them.   A domain name is an address you type into your web browser whenever you want to visit a website. It is arguably one of the most important assets any business can own. While ‘domain name’ is an all-encompassing term, a domain is actually made up of multiple parts. Understanding these elements can give you a clearer picture of the domain name investing world and ensure you’re well-informed before buying a domain name or asking a skilled domain broker to negotiate the purchase of one on your behalf. Key Takeaways Domain names – an introduction The 3 types of domain name Domain TLDs for beginners Why not check out our article about why choosing a .com domain name still makes sense for most businesses? What are domains? A domain name is a human-readable address that directs you to a particular website available on the internet. It’s akin to the address for your official residence or workplace. When someone wants to visit you, they come to your address. Similarly, when someone wants to visit a website, they type in the domain address in their web browser. Any domain name has four main components; Domain name: The name of the domain itself. Top-Level domain (TLD): The suffix that appears after the domain name, e.g., .COM and .NET. Subdomain: A domain that is part of another primary domain. It is also known as a third-level domain. Protocol: The system that specifies how information from the domain is transferred to your web browser. It is either HTTP (insecure) or HTTPS (secure). Take https://www.nameexperts.com/, for example. NameExperts is the domain name .COM is the top-level domain WWW is the subdomain HTTPS is the protocol The 3 Types of Domain Names There are three main types of domains, including: 1. Top-Level Domains A top-level domain (TLD) is the final section of a domain name. It is the last segment of text appearing after the dot symbol. For example, in Google.com, .COM is the top-level domain. Ever since the world wide web’s inception, .COM has been the most common top-level domain. It was originally used to designate commercial businesses but has become the de-facto TLD for most websites. Another popular TLD is .NET. It was initially meant for internet service providers and networks but is now available to anyone who wants it. Because NET signifies network and technology, this is an ideal option for technology companies. Yet another well-known TLD is .ORG, which was originally used to designate not-for-profit organizations. Till today, most people associate this TLD with non-profit organizations and social causes rather than commercial businesses. The .ai TLD is another popular one today – especially for tech firms. There are two main types of top-level domains; Generic TLD A generic top-level domain refers to domain name endings with three or more characters, the type that you’d most likely recognize. .COM, .NET, .ORG, .INFO, and other common domain endings fall under this category. Before 2011, there were barely two dozen domain extensions classified as generic. That year, the Internet Corporation for Assigned Names and Numbers (ICANN) expanded the number of generic domain extensions from 22 to over 1,200, opening up more opportunities for individuals and businesses to acquire domain names. Country-Code TLD As the name implies, these are domain extensions associated with specific countries. ICANN assigns country domain endings to each formally recognized nation and sovereign state, and these nations collect a royalty on every sale of their assigned TLD. For example, Tuvalu, a small island nation, earns 1/12th of its annual income from its .TV domain extension. Other popular examples of country domain endings include .US for the United States of America .AU for Australia .DE for Germany .CA for Canada .CC for Cocos Islands .AE for the United Arab Emirates (UAE), etc. 2. Second-Level Domains A second-level domain is directly below a top-level domain in the domain hierarchy. It is the part of the domain name that comes right before the top-level domain. For example, in NameExperts.com, NameExperts is the second-level domain. The second-level domain is usually a combination of words describing the business or service of the domain name owner – and it pays to match this to the name of your business whenever possible to strengthen your brand. In the above example, NameExperts describes the business of a professional domain name broker that helps customers to acquire valuable domains. A second-level domain can include letters, numbers, and hyphens. Symbols are not allowed. 3. Third-Level Domains The third-level domain, or subdomain, is the part of the URL that comes before the second-level domain. The most common subdomain is www., which refers to the world wide web. Third-level domains are not mandatory, so you can have a fully functional domain name without the www part. Some website owners create third-level domains to represent a different section of their website. Examples include: Shop.mywebsite.com refers to the e-commerce section of a website. Blog.mywebsite.com refers to a blog attached to the website. Support.mywebsite.com leads to the customer support section of a website. Understanding Domain TLDs A domain name is the most important property for anyone who conducts business online. Hence, it’s crucial to understand what they are and the different types of domain name extensions to use for a website. The information above should help you figure out how to structure your domain, but if you need help, we’re experts at domain selection and helping you buy the perfect domain.     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 the NameExperts team at: [email protected]

A busy office desk seen from above to illustrate a blog article about top-level domains
Domain Levels: A Comprehensive Guide to Top-Level Domains (TLDs) and Domain Names

The finer details of domain name architecture can be pretty overwhelming to the uninitiated. In this post, domain name expert Joe Uddeme unravels the secrets behind TLDs, second-level domains and more.   In today’s digital landscape, domain names serve as the cornerstone of online identity. They are not just web addresses; they encapsulate your brand, convey professionalism, and influence user trust. Understanding the actual domain is crucial, as it helps in structuring sub-domains effectively without confusing web visitors. One of the most critical aspects of domain names is their structure within the domain name system and their organization in the dns hierarchy, including top-level domains (TLDs) and second-level domain names as well as third-level domain names. This guide will explore the various types of TLDs, their implications for your online presence, and how to choose the right URL for your business when you want to buy a premium domain name.   Key takeaways .com TLDs remain a prized asset Up-and-coming TLDs such as .ai  have a place in the market A strong second-level domain is crucial for the success of your business Discover some tips for registering a domain name that works for you   What Are Top-Level Domains? Understanding TLDs A top-level domain (TLD) is the last segment of a domain name, appearing after the dot. Domain extensions, such as generic top-level domains (gTLDs) and country-code top-level domains (ccTLDs), play a crucial role in website visibility and branding. For example, in the domain name example.com, the TLD is .com. The second-level domain (SLD) is the component of a domain name located directly to the left of the TLD. This becomes essential for creating memorable and relevant domain names that enhance SEO by better describing website content. Third-level domains, or subdomains, exist to the left of second-level domains in a domain hierarchy and help in structuring website content, indicating different sections or language versions of a site. TLDs categorize domain levels and can significantly influence a website’s branding and marketing efforts. The Role of TLDs in the Domain Name System TLDs provide crucial information about the nature of the entity associated with a domain. The Internet Corporation for Assigned Names and Numbers (ICANN) and the Internet Assigned Numbers Authority (IANA) regulate and allocate domain names, ensuring that assigned names adhere to specific regulations and maintain uniqueness within the domain name system for internet infrastructure purposes. They help users understand the purpose of a website, whether it’s commercial, organizational, or country-specific. Choosing the right domain extensions can enhance brand recognition and trust. Types of Top-Level Domains (TLDs) Second-level domain names refer to the target before the dot. Test.com is the second level domain with the keyword match–“test” in this example. Second level domain names can help consumers and individuals remember your brand. Top-level domain names are generally categorized into several groups: .com: Originally designed for commercial entities, it is now the most widely used TLD and is often the first choice for businesses and private agencies. .org: Primarily used by non-profit organizations, this TLD conveys trust and community focus. .net: Initially intended for network providers, it has become a versatile option for various types of websites. .info: Designed for informational sites, this TLD is often used by resource-based websites. Country Code Top-Level Domains (ccTLDs) Country-code top-level domain names are a specific type of domain extension designated for particular countries or regions, emphasizing their implications for search engine optimization and regional, country-specific targeting. Country code TLDs are the only top-level domain not governed by ICANN internet corporation for assigned names, differentiating them from other domain types and underscoring potential legal and usage restrictions based on geographic location. ccTLDs represent specific countries or territories. Examples include: .uk: United Kingdom .ca: Canada .de: Germany .au: Australia .ai: Anguilla .co: Columbia .io: Indian Ocean (British Indian Ocean Territory) .ai: Anguilla – though it has been appropriated by tech and AI companies and is rapidly growing in popularity. It is treated as a generic TLD for search ranking purposes. The .gov domain is a specific top-level domain (TLD) exclusively reserved for the American government and government agencies. There are similar restrictions applying to other domains like .EDU, which is limited to educational institutions in the U.S. Using a ccTLD can enhance local SEO, making your website more appealing to audiences in specific regions. SEO Consideration: If your business serves a local market, opting for a ccTLD can improve your search rankings and visibility within that area.   New Generic Top-Level Domains (New gTLDs) New generic top-level domain names (generic tlds) have emerged to provide more specific options for niche markets. Some examples include: .tech: Ideal for technology companies and startups. .shop: Great for e-commerce businesses. .blog: Perfect for bloggers and content creators. .design: Suitable for design-focused websites. Additional examples of GTLD’s include: .LAW, .GO, .XYZ, .ART, .CLUB are some of the most recognized. These new generic top-level domain names can provide unique branding opportunities but should align closely with your business’s mission and audience and be target generic top-level domains. Ensure they reflect the content and purpose of your site, as this can influence user engage specific for your generic top-level domain. SEO Consideration: While .com domains are the most popular, various gTLDs can also rank well if the site’s content is relevant and high-quality Domains not controlled by DNS System Web3 domains are a new class of domain names designed for the decentralized web, often built on blockchain technology. Unlike traditional domains, which rely on centralized registrars and the DNS (Domain Name System). These are typically tied to the Blockchain system and not associated with standard ip addresses. Web3 domains offer unique features and benefits including, Decentralization, NFT Integration and Smart Contracts. Popular Web3 Domain Providers Ethereum Name Service (ENS) A decentralized naming system built on the Ethereum blockchain, allowing users to register human-readable domain names (e.g., example.eth). Unstoppable Domains Offers blockchain-based domains that can be used for websites, cryptocurrency payments, and decentralized identities. Handshake A decentralized, permission-less naming protocol that enables users to own their top-level domains. The Importance of Choosing the Right TLD Brand Identity and Trust The top-level domain you choose can significantly impact your brand identity. Having your own domain is crucial as it allows you to create subdomains for various purposes and highlights the domain name as a vital element for website navigation and URL formation. A recognizable and trusted top-level domain can boost your credibility among users. For example, a second-level domain keyword-match URL ending in .com is often perceived as more legitimate than lesser-known extensions. SEO Impact While a top-level domain is not a direct ranking factor, they can influence click-through rates and user engagement. Familiar top-level domain names ending in .com or .org can improve trust, leading to higher conversion rates with these domain extensions. Local vs. Global Reach If your business targets a specific country or region, a ccTLD can enhance local SEO and attract a more relevant audience. Conversely, global businesses might opt for a top level domain to appeal to a broader market for widespread use. Best Practices for Selecting a TLD 1. Know Your Audience Understanding your target audience is crucial in selecting the right top-level domain. If your primary customers are local, a ccTLD may be the best choice. If you aim for an international market, consider a popular gTLD or only top-level domains. 2. Keep it Short and Memorable A shorter domain name is easier to remember and type. Avoid overly complex names and choose a TLD that complements your brand. Find the perfect domain name for your organization. 3. Avoid Hyphens and Numbers While it may be tempting to add hyphens or numbers to secure a domain, these can confuse users and reduce memorability. Stick to simple, clear names. The second level domain is critical for customer recall. 4. Check Availability Before settling on a domain name and TLD, check its availability. Many popular domain names may already be taken, so be prepared to explore variations. If you need help negotiating a name that appears to be off-market, it’s a good idea to partner up with an experienced domain broker. The Impact of TLDs on SEO User Perception Research indicates that users are more likely to trust and click on websites with a familiar top-level domain. A well-known second-level domain can enhance perceived credibility, leading to increased traffic for your company’s success in their respective country. Local SEO Advantages For businesses focused on local markets, ccTLDs can improve local search rankings. The root domain, represented by a dot (.), is at the top of the DNS hierarchy and contains all the top-level domains (TLDs), organizing domain names into different levels. Search engines often prioritize local relevance, making ccTLDs a valuable asset for local businesses. Content Alignment While TLDs themselves don’t directly impact SEO rankings, aligning your TLD with your content can improve user experience. A TLD that reflects your content’s focus can lead to better engagement. Common Misconceptions About TLDs Misconception 1: TLDs Are the Primary Factor for SEO Success While TLDs play a role in user trust and engagement, they are not the main determinant of SEO success. High-quality content, backlinks, and technical SEO are far more critical. Misconception 2: All TLDs Have Equal Value Not all TLDs are created equal. The second-level domain, which sits immediately to the left of the top-level domain, plays a critical role in defining the domain’s identity and is significant for branding and SEO purposes. An experienced domain name appraisal expert can help you find the true value of a name you’re interested in. Misconception 3: New gTLD’s are cheaper alternatives Familiar TLDs like .com and .org often carry more weight in terms of trust and user recognition than obscure or new gTLDs. While new gTLD’s are typically cheaper, they do tend to hold a larger renewal cost and lack credibility and equity that .com domain names add to any brand. How to Register a Domain Name with Your Chosen TLD Step 1: Choose a Domain Name Brainstorm a potential web address that align with your brand and audience. Ideally, it should match your brand name – which should be strong brand name that is representative of your business.  The second level-domain and dns hierarchy are good examples of properly choosing a domain name. A well-chosen web address can significantly impact user perception and SEO, making it crucial to select one that is effective and resonates with your target audience. Make sure to keep it short, memorable, and relevant, especially the second-level domain. Step 2: Select Your TLD Decide on the most appropriate TLD based on your target audience and business goals. Second-level domains are critical to top-of-mind awareness for your customer when finding the perfect domain. A third-level domain, also known as a sub-domain, can be used to organize different topics or language versions within your website while keeping the core domain name intact. Historically, third-level domains were significant for structuring website content, though they are less common in modern usage. Consider whether a gTLD or ccTLD best serves your needs. Fourth level domain levels involve rerouting the sub domains with a more specific field. Example: create.sub.agent.com. Step 3: Check Availability Use a domain registrar to check the availability of your chosen domain name with the desired TLD. Many registrars offer search tools to assist with this. Internet corporation for assigned names and numbers also offers a search tool to check Whois information. Second-level domains also become synonymous with your brand image and perception. Step 4: Register Your Domain Once you’ve found an available domain name, proceed with registration through a reputable domain registrar. Be prepared to provide necessary contact information and payment details. Step 5: Set Up Domain Privacy Consider enabling domain privacy protection to safeguard your personal information from public databases. Top Registrars for Domain Names and TLDs Choosing a reliable domain registrar is crucial for managing your domain name effectively. Here are some top registrars to consider: GoDaddy: One of the largest and most popular registrars, offering a wide variety of TLDs and excellent customer service. Namecheap: Known for its affordability and user-friendly interface, making it an excellent choice for new domain owners. Bluehost: Offers free domain registration with hosting plans, ideal for beginners. Google Domains: A straightforward option that integrates seamlessly with Google services. Conclusion Understanding top-level domains (TLDs) and their significance in domain names is vital for establishing a strong online presence. By selecting the right TLD that aligns with your brand and audience, you can enhance your credibility, improve SEO, and attract more visitors to your site. Whether you choose a traditional TLD, a country code TLD, or a new tlds, ensure it reflects your business’s identity and goals. By following the guidelines outlined in this comprehensive guide, you’ll be well-equipped to make informed decisions about your domain names and TLDs, setting the stage for online success in search results.   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]

Default alt text
Domain Name Availability – Everything You Need to Know

Domain name availability (or lack of it) is what keeps domain buyers up at night. In this guide, domain name expert Joe Uddeme explains exactly what it means when a domain appears unavailable – and what to do about it.   Choosing the perfect domain name for your business is like finding the ideal storefront location in Manhattan – everyone wants prime real estate, but most of the best spots are already taken. Securing an available domain name that matches your brand vision has become increasingly challenging, with an estimated 100,000 domains registered daily. But here’s the good news: just because your dream domain appears unavailable doesn’t mean it’s out of reach forever. Understanding domain name availability goes far beyond simply typing your desired name into a registrar’s search box. It involves mastering the ins and outs of the domain ecosystem, from DNS mechanics to aftermarket negotiations. You also need to know exactly what to do when that dreaded “domain not available” message appears. Whether you’re starting a business, rebranding an established firm, or expanding into new markets, you’ll need a comprehensive strategy for domain acquisition. It can make the difference between settling for www.yourcompanynameLLC2025.com (no thanks!) or securing the memorable, brandable domain you really need – something that will define your online presence for years to come. This guide will explore professional strategies that Fortune 500 companies use, reveal the hidden opportunities in expired domains, and show you why sometimes the best approach involves working with experts who know how to unlock doors that appear permanently closed. Key Takeaways Domain availability checking involves multiple tools and techniques beyond basic registrar searches. Strategic options include direct owner contact, broker negotiations, alternative extensions, and monitoring for expiration. Explore domain aftermarket opportunities through auctions, expired domains, and private sales. Professional domain brokers are well equipped to access off-market domain names and negotiate acquisitions that individual buyers may struggle to do alone. Understanding domain registration mechanics, renewal cycles, and legal considerations goes hand in hand with making informed decisions – and avoiding costly mistakes.

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?