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Domain Names Can Make You A Millionaire
Bank Of America Investment With an increasing number of businesses needing names for websites, owners of in-demand site names are becoming millionaires overnight.
A domain name can make or break an online venture. A domain name is a company's identity online. It is your brand, your personality, your trademark. So, choosing the right domain isn't easy. BuyDomains. "Today .COM and .NET names have established recognition and can identify your company on the Internet forever. For this reason, they have considerable resale value and serve as excellent investments.
Investment Opportunity For example, in March of 2006, the domain name Blue.com sold for $500,000. The site now includes links to adult sites and airfares. The seller, Amy Schrier, bought the site in 2002 for $65,000. In the United States, approximately one to two thousand people make their living buying and selling domain names.
Choosing a domain name for your web site is a major step for any individual or organization. You need domain names that are sticky, short, meaningful, easy to remember and at the roll of your tongue! It is very easy to choose a domain name but difficult to find a good name, simply because of the fact that most of the good domain names are taken up by organisations. These domain name organisations take up hundreds of thousands of domain names and treat them as investments. It is not as easy to choose a good domain name. Sometimes, even web professionals spend hours at their computers to find good domain names!
Banc Of America Investment Most of the vendors buy or register domain names, then develop the sites' commercial value by adding content and links to increase marketability. It is an investment in virtual real estate.
Every day, thousands of domain names are registered. Many are registered by small and medium sized businesses or individuals. The era of registering only one domain name is over as many have realized the profit potential in domain names. Some use domains to develop complete websites for many reasons, and others purchase domain names for parked domain traffic or simply for future resale value.
Banking Investment Sales of 5,851 domain names generated 29 million dollars in 2005, almost twice as much as the year before. Investors seeing the potential for further increases are buying or investing in domain name companies. For example, in 2005 Highland Capital invested $20 million in YesDirect, a domain name company holding 600,000 names. YesDirect is developing content for the sites it holds.
and an expanded customer base. 1. Get Your Own Domain Name. People will never forget catchy domain names. Getting your own domain name will provide familiarity and recall. Be sure to choose a short and easy to remember domain name that is appropriate to your business. 2. Upload New, Original and Useful Content. ups only irritate
Investment Solution Strategic There are even trade shows being hosted in Las Vegas to bring together domain name buyers and sellers. A recent Las Vegas trade fair attracted approximately 400 to 500 vendors and investors, twice the attendance compared to 2005. A large live auction at the fair generated $2.1 million in sales within three hours.
Similar to real estate, domain names are investments. Domain values increase daily. You yourself can make your domain name more valuable by building and marketing your website. How to Choose a Premium Domain There are hundreds of thousands of domains to choose from. Below are the most important things to keep in mind when searching for the right domains.
Investment Banking Services Online entrepreneur Gary Kreman earned $12 million in cash and stock in 2005 by selling Sex.com to Escom, an adult entertainment firm. The site Men.com was sold in 2003 for $1.3 million, a huge profit for its owner who paid $15,000 for the domain name in 1997.
Bank Investment Dozens of internet sites such as Afternic specialize in selling domain names for a commission, usually approximately 10% of the selling price. Some of the sites will list any domain name for whatever price the owner asks; others are more discriminating in the sites they will list, preferring single-word domain names rather than concatenated phrases.
Alternative Investment The most valuable domain names are the .coms, followed by .net, .org and .biz. Single word websites are the most valuable, though not all single words will have the same high value. Concatenated phrases are slightly less valuable than single words, those with hyphens less than those without. Short words and phrases are also preferred. Not all words have the same commercial potential. For sellers unsure of the value of their site, most of the domain name resale sites have appraisal services available for between $15 to $30 per site examined.
Catalogue: Internet Business
Title: Domain Names Can Make You A Millionaire By: J Schipper
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