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Most Expensive Domain Names Ever Sold
If you don’t know the importance of a great domain name yet, then you’ve been missing out. Domain names send a message and set the tone for your brand and your business. Not only that, selecting the right one can be quite lucrative both in practice and if you ever decide to sell it. That doesn’t mean just anything will work however, there are a number of dos and don’ts when it comes to creating a domain name. If you want a truly great one that will make your brand recognizable, you’ll want to follow some of the key strategies that we’re going to go over here in this guide. Not only tell you about the most expensive domains ever sold, but we’re also going to enlighten you on just what makes them great, and how to capture some of that greatness for yourself so that you too can make the most of the internet. Creating a Great Domain Name For Yourself Domains do more than just name your website, they represent your brand, your products, and your intentions as a business. Creating a great domain name is more than just picking something catchy that folks can remember, though that is part of it in some cases. Your first consideration should be the top-level domain (TLD) you choose. You may already know this, but TLDs have a trust hierarchy to them. Not only is there a trust hierarchy, but there is less recognition the further you go down the list of top-level domains. Knowing which ones are the most trusted and recognizable by users is likely your first step to creating an outstanding domain name of your own. Try a .Com Name First The top of the TLD heap in the United States is the .com domain. While other countries typically use a shortened abbreviation of their country’s name, such as .jp for Japan and .ca for Canada, for some strange reason, that trait never took in the United States. This means that if you’re looking for the most trustworthy and recognizable top-level domain you can get, then .com is the one you look for first. The hierarchy of trust trends downward from there in the United States, but if you’re looking to do business in another country, such as China for instance, then you want a domestic domain to facilitate marketing and growth in that market. It can be tougher for U.S. websites to rank in other countries, particularly those where search engines perform differently than the Google we are all used to. The best domains are usually .com domains but all is not lost if you cannot get one. Just be mindful that the further down the list of TLDs you go, the less trustworthy they are considered. Some industry-specific TLDs like .tv fair well because they are relevant to the business or entity they are attached to. This is similar to the domains .org and .edu which are tied to specific entities. Keep it Simple Like we’ve talked about, the name you choose matters a lot in terms of whether your domain has value. It has to be easy to remember, relevant and relatable. It must also do this in as few characters as possible. Think of it from a logical perspective using real-world examples. Google is only six letters (not including the TLD) your bank, social media, and other things are all under ten characters. There’s a valid reason behind this. Users don’t want long complicated names, they want things that are easy to remember and that signify something to them. You wouldn’t name your website antidisestablismentarianism.com and expect folks to remember it or want to type it into a search bar either. Users don’t like special characters either. The rule of thumb is simple words that have meaning and are ten letters or less. If you can stick to this formula and still display your brand, then you’re on track to having a great domain name like the ones on our list later in this guide. On Brand is Best Your domain name can be considered something of a signifier of what you do. Say, for instance, that you sold shoes, if you owned the domain shoes.com, chances are this would be a popular domain, it would be valued highly, and more importantly, people would know exactly what they are getting when they click. However, if you sell tires and you own shoes.com then you might want to consider selling that domain, because not only is it not on-brand for your business, you’re likely to wind up with some seriously confused and aggravated users. When we say “on brand”, we mean, relevant to what you do. If you can’t get a name that says exactly what you do in a word, then another descriptor may work too. For example, to go back to shoes, if you can’t get shoes.com then you can try other synonyms such as footwear.com. This still gets the point across of what you do, it ticks the box of ten letters, and it’s easy to remember. Don’t Steal We probably don’t need to say this, but we will anyway, check before you register. No, we’re not talking about hotel check-in, we’re talking about registering your domain name. Just because a particular name isn’t taken under a particular TLD doesn’t mean it isn’t a copyrighted brand name that someone else is using. Companies will often trademark terms related to their business without actually establishing a domain name associated with it. Do your homework and don’t infringe on anyone else’s rights in the process of building your brand. A trademark fight is not something a business wants to deal with. The Most Expensive Domain Names Ever Sold For this list, we’re ranking them by the actual dollar amount they sold for, not for how good or bad the name is. Along with each name, we’ll describe why it sold for that amount. 1. Business.com – $345 Million Yes, you are in fact reading