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Overview: A domain name, in simple terms, is like the address of a website on the internet, comparable to Madison Avenue or Rodeo Drive in the physical world. Just as Facebook acquired FB.com for $8.5 million in 2010, which is now valued at
Overview: A domain name, in simple terms, is like the address of a website on the internet, comparable to Madison Avenue or Rodeo Drive in the physical world. Just as Facebook acquired FB.com for $8.5 million in 2010, which is now valued at over $1 billion, many major companies globally possess premium domain names. For instance, American Airlines owns AA.com, Google has AR.com, Burger King uses BK.com, and Disney owns GO.com. Having a premium domain name enables users to find websites quickly and accurately.
Background: A (requesting anonymity) is the founder of an overseas domain brokerage team with a transaction record exceeding $180 million. The team aids Fortune 500 companies, private equity firms, venture capital funds, small enterprises, and individuals in acquiring and selling top-tier domains. A has previously purchased premium domains for branding purposes and sold two high-quality domains in 2004 and 2010, with both buyers maintaining market leadership in their respective industries. Currently, A has been engaged as a consulting advisor for the sale of the two-letter domain TB.com.
Advantages of Premium 2-Letter Domain Names as Brand Addresses:
1. Demonstrates company strength and enhances brand image.
2. Attracts valuable internet traffic proactively.
3. Showcases a company's core competencies.
4. Facilitates easy recall for users and aids product promotion.
5. Increases organic or paid clicks from searches and social platforms.
6. Enhances user conversion rates.
7. Research indicates that customers prefer industry-relevant domain names.
8. Elevates search relevance and authority.
9. Attracts more precise user traffic.
10. Consolidates multiple site addresses into a single branded web address.
11. Domain name uniqueness prevents competitors from obtaining it.
Premium 2-Letter Domain Names:
1. Numerous successful case studies highlight established companies rebranding with 2-letter domains.
2. See the full list: 2-Letter.COM – Who Owns Them?
3. CEOs/founders of these companies believe the value of these brands has grown exponentially (9 figures).
Domains as Appreciating Assets:
1. Premium domains are the most valuable and scarce internet assets.
2. Domains constitute intangible assets for businesses.
3. High-quality .com domains appreciate the fastest.
4. Among most asset categories, premium domains offer high investment returns.
5. 2-letter .com domains provide maximum value to your business with low risk and high returns.
Considerations When Evaluating Premium Domains:
1. Choose a domain aligned with your brand.
2. Embrace the concept of "Domain first, project later" – preemptively reserve premium domains.
3. Have a strategic outlook. Identify potential staff members within your company to manage domain operations effectively.
4. Recognize that this is an asset on the balance sheet, not an expense on the income statement.
5. Advertising costs exceed the acquisition cost of a premium domain, but one is an expense (advertising) while the other is an appreciating asset (domain).
14 Nov 2024 03:26:47 PMIndustry Information
Recently, a case involving reverse domain name hijacking has attracted a lot of attention. French jewelry manufacturers A. Augis and Arthus Bertrand filed a lawsuit against the domain name augis.com, accusing its owner,
14 Nov 2024 02:28:39 PMIndustry Information
31.com was registered on March 12, 1997, 27 years ago. The numeric domain name is extremely valuable, simple and easy to remember, and it corresponds to the Chinese company Sany Heavy Industries, which is a perfect match. Of course, like 31
14 Nov 2024 11:25:07 AMIndustry Information
The single word “diamond” domain name Diamond.com has attracted a lot of attention in the industry after it was recently revealed that it was successfully sold for a seven-figure sum.
13 Nov 2024 04:57:08 PMIndustry Information
The Complainant contends that the Respondent has registered and is using the domain name hallofgames.com in bad faith; however, the domain name was first registered in 1999
A major change is happening in the domain name space. Users are abandoning traditional generic top-level domains (gTLDs) in 2024, but .org domains stand out, with more than 11 million registrations, according to domainincite.
Industry Information 13 Nov 2024 10:26:27 AM
The operator of the geographic domain Houston.life recently underwent a major upgrade, forwarding it to the more authoritative Houston.com domain. The sale of this domain was handled by Geocentric Media CEO Fred Mercaldo. While the exact
Industry Information 13 Nov 2024 09:12:04 AM
According to informed sources, the two-letter domain name HO.com has been successfully sold recently, the buyer is the end customer Harrelson's Own, which is planned to be used for the upgrade of the brand domain name harrelsonsown.com.
Industry Information 12 Nov 2024 04:47:56 PM
According to the latest news from foreign media, Get That Domain Name (GTDN) will be upgraded with a new domain name DNX.com, which is still under construction. This rebranding is not only a simplification from four letters to three
Industry Information 12 Nov 2024 10:19:59 AM
In 2018, Richard Blair purchased the domain name lambo.com for $10,000. He defended his registration of the domain name by claiming that his name was “Lambo” and that he used it as his username on the domain name forum NamePros, although th
Industry Information 12 Nov 2024 10:15:07 AM
SNOWCRASH2024 is not only an event to showcase technology, but also a place for global blockchain developers and technology leaders to collide their ideas. The conference centers on four major themes - DEPIN, AI and Blockchain, Layer2
Industry Information 11 Nov 2024 04:56:20 PM