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JD.com, formerly known as 360buy.com, for a significant period of time, led many users to believe that JD was a website under the 360 brand. Later, JD.com acquired the JD.com domain for tens of millions.
JD.com, formerly known as 360buy.com, for a significant period of time, led many users to believe that JD was a website under the 360 brand. Later, JD.com acquired the JD.com domain for tens of millions.
When Kaixin.com was created, the domain kaixin.com was available for just a few thousand dollars, but the founders opted for kaixin001.com instead. Eventually, it was purchased by the owner of 9158 and later sold to Renren. The outcome? Renren went public, while Kaixin.com lost its user base.
After using Ctrip for seven or eight years, I still can't recall Ctrip's domain name, and many other users face the same issue. Ctrip spends a significant amount on advertising every year to bid on the keyword "携程" (Ctrip) in search engines. In the end, they spent 3 million to acquire xiecheng.com.
Vipshop, initially using the domain vipshop.com, which wasn't particularly easy to remember, later invested millions to acquire VIP.com and has since fully adopted it.
Recently, CNNIC, through Ename China, auctioned a batch of premium CN domains, with final sale prices ranging from hundreds of thousands to over a million yuan. The domain game.cn, in particular, reached an astonishing 3.098 million yuan. The total amount generated from this auction exceeded 60 million yuan and is still continuing.
In earlier years, I registered hundreds of domains, mostly for personal use, and paid little attention to domain investing and trading. Some domain names that were very beneficial for SEO were given away to friends after I no longer needed them. There were even several valuable domains that I forgot to renew.
It was only last year when I was assisting a few traditional businesses with brand planning that I realized they had started to recognize the impact of domains on brand image. So, I helped these companies acquire a few domains as part of their brand strategy.
The impact of domain names on a brand includes:
1. Brand Image:A domain name serves as the face of a brand, conveying the strength, credibility, and professionalism of a website or company. An easily memorable and high-quality domain name helps establish a positive brand image, while obscure and hard-to-remember domain names may signal unprofessionalism or lack of trustworthiness.
2. Savings in Advertising Expenditure: A good domain name that is easy to remember encourages users to return to a website or spread the word, reducing advertising and marketing expenses. Conversely, difficult-to-recall domain names may lead users to rely on search engines, increasing advertising costs.
3. Brand Image Protection: Owning domain names related to the brand helps protect its reputation. If a brand doesn't own relevant domain names, malicious competitors or domain investors may purchase them and use them inappropriately, causing harm to the brand's image.
In the cases you mentioned, brands like Vipshop, Hishop, TWCMS, etc., recognized the importance of domain names in their brand strategies and took action to improve their brand image and protect their brand rights. Domain name investment is also a viable strategy because domain names are scarce resources that can appreciate over time. Whether for investment or personal use, choosing domain names you like is a wise decision.
18 Oct 2024 11:55:21 AMIndustry Information
In a recent Uniform Domain Name Dispute Resolution Policy (UDRP) case, Dick's Sporting Goods, Inc. filed a complaint against Bo Wang, the registrant of the domain name SportingGS.com. The Complainant alleges that the domain name infringes
17 Oct 2024 03:04:56 PMIndustry Information
This report will cover all the noteworthy deals in the domain market since September 25th. Among the notable transactions are four six-figure deals that mark a strong recovery in the domain name market in the post-outbreak era.
17 Oct 2024 10:03:25 AMIndustry Information
The venerable domain name BoatSales.com, first registered since 1995, has finally been successfully sold. The news of this transaction was announced by Tracy Fogarty, a domain broker.
17 Oct 2024 06:29:53 AMIndustry Information
On October 15, Identity Digital announced on Platform X (formerly Twitter) a new partnership with the government of Anguilla, the country of the .AI domain name. As of January 15, Identity Digital will officially take over and manage the
Liner, an artificial intelligence search engine focused on students and researchers, recently announced a major branding upgrade with the successful acquisition of the domain name Liner.com, which matches its branding.The move marks
Industry Information 16 Oct 2024 12:17:25 PM
The annual Dubai Domain Name Day event is coming to Dubai's prestigious Marriott Jumeirah Resort & Spa, The Palm, on November 5-6, with more attendees, speakers and sponsors than last year. Only 20 days remain until the event opens!
Domain Summit 15 Oct 2024 02:20:51 PM
However, the WIPO panel, after hearing the case, rejected Mangas.io's claims and upheld Lassiter's ownership of Manga.io, and did not rule that Recently, the domain name Manga.io has been at the center of a UDRP (Uniform Domain Name
Industry Information 15 Oct 2024 10:35:06 AM
In the course of the development of the Internet, the importance of domain names for enterprises is self-evident. A quality domain name is not only the logo of the enterprise in the network world, but also an important reflection of brand
knowledge 14 Oct 2024 04:46:37 PM
Recently, according to the public records of foreign domain name trading platforms, the word domain name Llantas.com was sold for $90,000 (approximately RMB 637,000), “the domain name was registered in April 1996, which is 28 years ago
Industry Information 14 Oct 2024 03:16:09 PM
Recently, a deal for the name “public.garden” was completed for $2,200. The domain was initially purchased for around $100, but after a period of time on hold, it was eventually put up for sale.
Industry Information 14 Oct 2024 11:43:11 AM