How To Make Money With Domain Names?
Domain names are the hot properties in today’s tech-centric world. In 2009, the high sale of Insure.com to Quinstreet for $16 million may have set the world record. While in 2015, 360.com appears to be the most expensive numeric domain name with a selling price of $17 million (bought by QiHoo), a Chinese company. This is followed by 114.com for $2.1 million and 88888.com for $245, 000 in 2013.
Seems like the numeric domains are steadily growing in value and worth – much higher than we can imagine. According to DomainSherpa.com, 80% of the companies that have bought numeric domain names came from China.
However, lengthier domain names are routinely sold for hundreds of dollars every day! Thus there is a unique opportunity for investors to invest in domain names that can be sold for a profit in the future.
Before you sell your domain name, you will need to get ready with your domain by building a solid domain portfolio. Below are some useful tips on how to build your domain portfolio.
How to build a solid domain portfolio?
But before that, we need to understand that the criteria that make a domain popular change with time. Also, bear in mind that building a high-quality domain portfolio can take months or years to accomplish.
#1 Generic Names
All products and services, including new and emerging ones, need a name to represent them. You have to think of a name that people would need in the future. However, do take note of copyright or trademark issues that might cause domain forfeiture.
#2 Geographic Names
The name of a city or country can be a great investment over time. It can be sold to web developers looking to build community portals or other businesses that are geographically targeted.
#3 Business Names
If you combine generic and geographic names, it can be another great investment as well!
#4 Timely or Numeric Names
You could also try out a name with an event that is occurring in that year, for example, 2022OlympicPlayers.com, or tie it to the Chinese culture, for example, Eight is king. I think most people are aware that eight is a lucky number in Asia as it means prosperity or wealth – making domain names with it desirable for companies from China or Asia.
So do you have other better ideas on how to name your domain names and build its portfolio?
Search your domain name here or using the search bar below to search domain and secure your brand name.