Here is ThriveDomains Premium Domain Names Checklist for you to consider before jumping in the at the deep end.
Premium domain names checklist: minimum requirements we use at here at ThriveDomains.
What turns a regular domain name into a Premium Domain Name?
Most people generally start looking for domain names that would be a good fit for their business, only to find every last one of them has already been registered. I expect you've searched for a domain name only to find that it’s already registered!
Frustrating or what?
On the other hand, maybe you've searched for a domain name and been redirected to a site where the domain name is offered for sale at a huge premium.
Welcome to the world of premium domain names.
You are probably thinking why should I pay such a premium on a domain name that costs just as much to register as any other domain name with the same TLD (top level domain) extension.
There is a simple answer: - Supply and Demand!
The majority of the best prime domain names were registered years ago, so the chances of picking one up for registration cost is virtually impossible in today' world
It's worth a mention, that people and businesses buy premium domain names as an investment, which inevitably pushes prices ever upwards.
Who would have thought the day where a domain name as an investment would ever come to pass. There are domain names that make hundreds of thousands and even the odd one that makes seven figures.
Top 2019 sale - voice.com sold for over $30 million us dollars.
Domains are considered premium for a large number of reasons including length, number of keywords, and brandability.
A premium domain name is a domain that has generally been registered some years ago, often over twenty years ago.
Domain names are considered premium for very many reasons including length, keywords, and brandability.
It's also worth noting that some registries reserve some domain names that they consider premium and price them as such.
Most people who are starting on a new business venture, want to be seen as credible and authority in their niche as soon possible; so finding a domain name with top keywords in your niche can play a great part in establishing your online business as an authority.
Premium Domain Names Checklist:
- Dot Com if at all possible
- Country code ok if no plans for expansion
(.co.uk - .de - .es etc)
- One keyword word is best (No more than three)
- Easy to spell
- No hyphens
- No numbers (Odd exceptions depending on your business)
- Keep it short
Think of a premium domain as just one of your many startup costs.
When you are starting a new project, buying a premium domain name can be one of the most important decisions you will make.
The perfect premium domain name will pay you back many times over during the ensuing years, and it will also turn out to be a great investment.
You will probably come to regard it as the best investment you made at the implementation of your online venture.