The many benefits of premium domain names

premium domain names

When you start a new project you want to consider everything possible you could do to make the project a success. Names do matter, if they didn’t, billions of dollars would not have been spent buying them.

It is a shame to see people invest so much in great ideas but end up choosing a weak domain. Many projects that have so much potential failed because the founders just couldn’t grasp the importance of a premium domain name.

A premium domain name could be keyword based. For example, CreditCards.com (Sold for $2.7 Million) or Pizza.com (Sold for $2.6 Million) or it could be a general word like Monday, Uber etc.

The names we represent are ALL premium names but are affordable plus a payment plan (of up to 60 months, regardless of credit history) can be arranged too.

If you choose a low end name, as cute as it sounds, you will in most cases have to invest a ton of money just in gaining instant trust. Certainly choosing anything other than a name with the .com extension is in almost all cases a bad business decision.

There is something about a good name, a quality name that helps instantly with brand trust.

We found that many times people think they are a hero by talking people out of spending money in places they should. This is not just with domain names, it happens with everything.

Someone has an idea for an app, they discuss it with others and show them that a trusted app development company quoted them $50,000 to build the app. One of those people right out of a nightmare but with good intentions interjects and says there are people that can build it for $1,000.

It is true that there are apps that you could build for $1,000, but in some cases, a complex app does require a big budget and a reliable company, especially if you don’t want your app to take forever to build and be buggy.

There are projects that call for a domain that costs $10, however, there are projects that will never happen if you do not invest in a premium domain. They might happen, but what you will end up spending on marketing will be many many times more than if you just did the right thing.

There are times to be frugal and there are times that if you are frugal you will end up having to be frugal because you will go broke.

We live in a very competitive world. You need every bit of ammunition to give you an edge. You need great design, great marketing, great development and you need a good beautiful foundation, a solid premium name.

If there is a name you want and you need someone to contact the owner you can reach out to us too with your budget or questions. Sometimes a payment plan is a good way to secure a name and limit the risks.

For example, lets say you really like a name but the seller wants $75,000. We could arrange a 60 month plan whereas you pay about $1250 monthly. Now if in the 6th month you decide not to continue, you stop paying and the domain is taken back and you owe nothing else. So you are out 7500 but not 75000.

The domains are held in a third party escrow like Escrow.com or Dan.com and you risks nothing. Once the final payment is made you get control of the name.

Different people get excited by different things. There is something about watching a person with an idea give it all they got and making it. If we can help, do not hesitate to reach out.

To review a small list of premium domains that sold and their final price click here.