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In today's internet development, good domain names are becoming scarcer. To own a good domain name , you should either register it in advance or purchase it from a domain platform. So, what kind of domain names are worth acquiring?
Domain names are the addresses of websites, and they can be either registered or purchased on domain name trading platforms. As an end user, what kind of domain names are you willing to buy? As an investor, what kind of domain names are the easiest to sell? Good domain names are universally appreciated, and we can draw some insights from domain name trading cases.
1. Transaction Cases
In February of this year, it was reported that OpenAI acquired the domain name AI.com for at least $11 million (approximately 75.35 million RMB), as widely circulated in the domain name industry.
Domain investor Eric Borgos sold the domain name "Yachts.com" for a high price of $600,000 (approximately 4.055 million RMB). He had acquired it for only $350,000 and made a profit of up to $250,000 (approximately 1.68 million RMB) in just one year.
Prominent Chinese internet giants have also spent substantial amounts to acquire domain names, such as:
- 360 spent 110 million RMB to acquire 360.com.
- JD.com invested 30 million RMB in jd.com.
- Xiaomi acquired mi.com for 22.43 million RMB.
Therefore, it's clear that domain name buying and selling can be a profitable venture.
2. How much does it cost to register a domain name?
Registering a domain name is not expensive. On domain registration platforms like Alibaba Cloud or Tencent Cloud, the prices typically range from a few yuan to several tens of yuan. Renewal prices may be slightly higher, ranging from 100 yuan to 400 yuan for some domain names, and even higher for certain domains.
3. If the domain name is already registered
Domain registration can be renewed for 1-10 years according to personal preference, with a maximum renewal period of 10 years. If the domain name you want is already registered, you'll need to purchase it from the domain owner.
Domain names are priced at the discretion of the owner. You can initiate a purchase inquiry directly with the domain owner through domain trading platforms. When inquiring about the price, it's advisable to use your personal identity rather than a company, as inquiries from companies may result in higher prices.
To purchase a registered domain name, you'll need to use a professional platform. There are many domain trading platforms available in the market, and this website is one such high-quality global domain trading platform with over 10,000 domains to choose from.
Of course, there are also other specialized trading platforms like Alibaba Cloud.
The development of the internet has led to a scarcity of good domain names. To own a good domain name, you either need to register it early or purchase it from domain platforms. So, what kind of domain names are worth acquiring? Good domain names have the following five elements:
1. Short: Short domain names are easy to remember. Since domain names are meant to be remembered by people, the shorter they are, the more valuable they become, similar to QQ numbers.
2. Brand-related: Domain names that are relevant to a company's brand or products. Many companies may not have registered their domain names when they were first established. If you register such domain names early, the company may have to pay a significant price to acquire them later. For example, as mentioned earlier, 360 spent 110 million RMB to acquire 360.com.
3. Easy to spell: Chinese domain names should be easy to spell. Choosing commonly used English words, pinyin, and numbers when registering domain names makes them easier to remember and less prone to errors. Avoid using hyphens (-) in domain names. For example, taobao.com, jd.com, and xiaohongshu.com.
4. Domain extension: Consider common domain extensions such as .com, .cn, and .net when registering domain names.
5. Investment in domains: Be aware that once you buy a domain name, you'll need to renew it every year.
Buying and selling domain names is more like an investment. While you may not be able to bet heavily like angel investors, you can purchase multiple domain names to speculate on their future value. If you have extra funds, investing in domain names can be a worthwhile path.
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