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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.
27 Jul 2024 09:52:21 AMIndustry Information
On July 27, 2024, Belgian citizen Francois Souflet won a legal dispute involving the Souflet.com domain name, handled by the World Intellectual Property Organization (WIPO) Arbitration and Mediation Center. The French company,
26 Jul 2024 03:41:28 PMIndustry Information
May 29, 2024 - Galxe, the leading on-chain distribution platform for Web3, announced its latest breakthrough, Gravity, with the launch of the domain names Gravity.xyz and G.xyz. a new Layer 1 smart contract platform.The launch of Gravity
26 Jul 2024 09:39:03 AMIndustry Information
At the end of the second quarter of 2024, the total number of registrations in the .com and .net top-level domains in the domain name pool was 170.6 million, a decrease of 1.8 million domain name registrations, or 1.1%, compared to the
25 Jul 2024 03:04:12 PMIndustry Information
Generally speaking three letter domain names are more popular than other long word domain names, especially three letter and word domain names, such as: PDF.ai. Just recently, the domain name PDF.ai was used by its founder, Chen, for an
In the latest domain name dispute resolution case, LEGO Juris A/S has successfully transferred ownership of the disputed domain name lego.box to itself. The case was handled by the World Intellectual Property Organization (WIPO)
Industry Information 25 Jul 2024 10:58:22 AM
Factory Mutual Insurance Company (FM Global), a Fortune 500 U.S.-based commercial property insurance company, recently acquired the scarce two-letter domain name FM.com for $10 million for branding upgrades. The company's previous domain
Industry Information 24 Jul 2024 05:44:35 PM
Recently, with GoDaddy's restructuring following its acquisitions of Uniregistry and Dan.com, the company made significant changes to the fee policy of its domain trading platform, Afternic. Under the new policy, if a domain name is sold
Industry Information 24 Jul 2024 11:44:23 AM
In a dispute over the domain name Babista.com, the Complainant claimed rights to the trademark “BABISTA” and accused Respondent PTB Media Ltd of registering and using the domain name in bad faith. However, after reviewing the evidence,
Industry Information 22 Jul 2024 11:51:36 AM
Recently, an organization called URLAbuse claimed that they had reported the .TOP top-level domain registry to ICANN for failing to effectively handle cyber abuse. According to the report, ICANN issued a warning to the .TOP registry stating
Industry Information 19 Jul 2024 02:25:37 PM
In a recent Internet dispute resolution process, Eisco Scientific LLC was unsuccessful in obtaining the domain name Eisco.com from its domain name registrant, Hexuan Cai, in a dispute stemming from Eisco Scientific's claim that the domain
Industry Information 19 Jul 2024 09:52:58 AM