When it comes to buying domains, we remember an old quote that says,
“Domains will continue to appreciate in value far more rapidly than any commodity known to man.”
This quote could be true. In 2010 Facebook reportedly purchased a domain name called fb.com from the American Farm Bureau Federation for $8.5 million. Fantastic Friday, right? Apparently this isn’t the first time this has happened. Nor is it the most expensive domain transaction ever. There are many other domains around the world that are selling for insane prices.
The most expensive domain that has ever been traded until the time this article was written is LasVegas.com. This domain has a value of $90 million just for the 2005 to 2040 deal. It’s not impossible that this number will increase a lot in the future! In fact, the price of this domain when it was first offered to the public in 1997 was only around $ 70.
Buying a Domain Business is Like a Property Business
You didn’t read that wrong. The basic rule that determines the selling price of a property is location. The strategic physical location is the benchmark here. Domain business also has similar rules. Because, the domain is the location of your website on the internet. It’s just that, in the domain business, it’s the virtual location that really matters. There is no mention of street names, house numbers, or zip codes here. Everything is replaced with a domain name.
The way the domain business works is similar to a property speculator. You only need to map and buy which property you can sell for a higher price. Here your business instincts are tested. If successful, a big profit awaits you.
What domain name? Of course a strategic domain name. Domain names that have great opportunities are wanted by many people, aka popular.
Let us tell you a little secret. Currently the most popular domain extension in the world is .COM. This domain is used by almost 50% of websites in the world. The rest use other domains which are also freely available. It’s just that no other domain extension can replace the fame of the .COM domain. For the first step in starting an investment, you can get a com domain promo from Niagahoster. In addition, you can also buy hosting at affordable prices here.
Reflecting on this, securing the .COM domain is a set price. Why? The logic is simple. This means that .COM domains are the most searched domains. If a lot of people are looking for it, the potential for having a .COM domain to be resold for profit is certainly getting bigger, isn’t it?
If you still don’t believe it, please take a look at the list of Fortune 500 company websites. The companies on this list are certainly no joke. On average, each company here can record profits of up to hundreds of millions of dollars per year. Now look at the website they have. Almost all use .COM! Of course you know that the larger a company, the greater its purchasing power.
Imagine if one of them bought your .COM domain for, say, a million dollars. Wow, of course you are lucky! Remember that you can buy a .COM domain yourself for only IDR 105,000. And that’s only for one domain. Though, you can buy as many .COM domains as you want. Now you can imagine how much your potential profit?
Here’s the Most Exciting Part: You Can Start Your Own Domain Business
What can you do? Don’t worry, we won’t let you leave empty-handed. We have great tips so you can be successful in this domain business.
1. Trend and Market Research
You need to constantly do market research. Why? Changes on the internet take place very quickly. Recent events, popular culture trends, and industry trends can make what started out as an unremarkable domain name suddenly in vogue. Well, you should keep updating so you don’t miss opportunities. Just a little late, luck can move to your competitors.
2. Choose a Potential Top Level Domain
As we said in the previous section, you can start by buying a cheap domain with the .COM extension. This domain is the most popular and most used around the world. Your chances for successful investing with a .COM domain are wide open.
3. Previously Registered Domains Can Be Worth More
According to Verisign data, currently there are around 13 million previously registered domains offered to the public. Domains like this usually have expired and are not renewed. In fact, many of them still have traffic potential, aka they are still actively accessed by internet users. Domains like these you can sell for a lot more.
That said, you should still be careful about buying a domain that was previously registered. We strongly recommend that you check the history of the domain before the transaction occurs. You need to do this as a precautionary measure, bearing in mind that there is a possibility that the domain you want to buy has entered the Google sandbox so that it cannot appear on search engines.
4. Be Careful With Trademarked Domains
Domains that contain trademarks or registered trademarks can attract buyers with large capital. Like a shortcut, your opportunity to immediately get a wider open profit. Even so, you are dealing with quite a big risk when carrying out this strategy.
Let’s say you managed to secure a domain with the name of one of the companies on the Fortune 500 list. Of course, big profits are already in your mind. It’s just that you need to be a little careful here. You may get caught in a legal case because you are considered to have stolen an officially registered trademark. Companies can make claims against people who register domain names that are the same or similar to the trademark they own.
5. Buy as many .COM Domains as possible
The more you have a domain name, the greater the chance that your domain name will be seen by investors and bids for billions of rupiah. Our advice, buy as many domain names with the .COM extension as possible. The capital you need to spend is not much. The .COM domain is now available at a unit price of IDR 105,000 only. Then you just have to target any potential domain names. With a domain name that has wide market potential, multiple benefits will await you.
So, why don’t you do it now? The available domain names are still very, very diverse. Armed with research and a little creativity, we’re sure you can achieve great success in the domain buying business.
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