Reading: What Is My Domain Worth? | HostGator
A better approach is to learn about the factors that make a domain valuable and purchase world names that have a decent opportunity of turning a net income down the note. In this post, you ’ ll learn the ins and outs of what makes a sphere valuable and how to by rights appraise a world so you can answer the question, “ What is my domain worth ? ” with a high degree of confidence .
Understanding Domain Name Valuation
Domain valuation is the process of determining the value of a given domain. It ’ s a similar action to when companies are valued, but much less intensive. Before we jump into how to do a knowledge domain appraisal, let ’ s have a quick overview of how domain name cultivate. If you already have the basics down, such as how to register a knowledge domain, feel free to skip to the future section. If you ’ re good getting started building websites online, this section is for you. Domain names are synonymous with URLs ( although they aren ’ thyroxine precisely the like thing ), but basically it ’ s what a drug user types into their browser address bar on their search engine to access your site — things like HostGator.com, Facebook.com, Google.com, etc. There are two primary coil parts that make up a sphere, the second level domain and the top grade knowledge domain. These two factors will besides contribute to a sphere evaluation, , but more on this downstairs. here ’ s how top-level and second-level domains work together :
- Top-level domain. Even though it’s called top-level, this portion of the domain name is what comes at the end. It can also be referred to as a domain name extension. This is the .com, .org, .net portion of a domain name.
- Second-level domain. This portion of the domain name is the central portion of a domain and often refers to the name of the website, in “hostgator.com,” “hostgator” is the second-level domain and also the name of the company.
If you want to actually sell a sphere you ’ ll indigence to own one first. To do this you ’ ll need to head over to a domain list registrar and buy a world. normally, you ’ ll have to renew your ownership of a world on a annual basis, but you can besides buy a domain for multiple years a well. Whether you ’ re purchasing a world mention for a new project, or merely to hold onto and sell one day, the march remains the like. here ’ s how you do it :
1. Go to a Domain Name Registrar
There are dozens of different knowledge domain name registrars out there, including one proper here at HostGator, which we will be using for our exercise. inaugural, head over to HostGator.com, and input the sphere list you ’ d like to register .
2. Search for Your Domain Name
The domain adjustment tool will then search through every single registered sphere diagnose to see if it ’ mho available. Unless you spent some serious time researching your sphere identify, there ’ s a good opportunity it ’ ll already be taken . however, you can input different combinations of words and try different top-level domains until you find an available sphere .
3. Choose Your Terms and Register
once you ’ ve found a domain list that you like and that ’ s available, all you have to do is choose your purchase terms and register the sphere. If you ’ ra plan on holding onto the sphere for a while it can be helpful to register the domain for multiple years at once, so you don ’ deoxythymidine monophosphate incidentally let the knowledge domain lapse. once you ’ ve registered a domain, you can either :
- Leave it alone, if you’re planning on selling it one day, or reserving it for a future website project of your own
- Forward it to your host by changing the nameservers. (If you registered your domain name at the same time you purchased your hosting, you won’t need to take any additional steps here.)
What Factors Make a Domain Name Valuable?
Knowing whether you have a valuable world on your hands doesn ’ triiodothyronine require a short ton of work, but it does require that you understand the factors that lead to a domain being valuable. often, the prize that a domain holds will be determined by how desirable the domain name is. The list of factors below can help to illuminate whether or not your domain is valuable, but it ’ s not a science or always proper. There ’ randomness constantly the chance that your strange and unique domain could align with a phrase from another area, or be the ideal name for a new inauguration. overall, the conditions below will be a good indicator of how valuable a world actually is .
1. The Associated Top-Level Domain
Having a sphere identify with a trustworthy top-level world ( TLD ) will go a long way towards making a domain appoint desirable. For example, the domain “ getmail.com ” will have much more value than the domain “ getmail.xyz. ” Typically, more standard and popular TLDs will constantly be a better bet. Some of the most popular TLDs include .com, .org, .net, and .co. however, other combinations could hold prize, providing they make sense. For example, the knowledge domain “ get.mail ” could be valuable to some businesses .
2. Any Keywords Present
If your domain name has a popular keyword in it, this could besides help to improve its value. For exercise, “ bookflights.com ” would be a valuable world for the travel industry. exact match sphere names don ’ t delay as much value as they used to, but having the right keywords in a knowledge domain can increase how desirable your domain name is .
3. The Length of the Domain
generally, the shorter a domain name, the more valuable it will be. now, this won ’ thyroxine constantly be true. For exemplar, the domain “ r4dxf3.com ” won ’ thymine be very valuable. But, taken as a whole, domains with few words or light phrases will hold more value. Shorter domains are much easier to remember and more straightforward to market overall. You can easily build a business around a shorter world, while it may be more difficult with a longer world.
4. The Overall Brandability of the Domain
The brandability of a sphere can be hard to define. But, it ’ sulfur however a meaning factor when people are choosing a knowledge domain name. basically, good sword names are memorable, unique, and attention-getting. Think of brands and domains like instagram.com, twitter.com, grammarly.com .
5. Existing Site and Traffic
If you ’ re selling a domain name and the web site is already getting dealings, or has an existing backlink visibility, then you can typically get much more for the knowledge domain. An interest buyer could be purchasing the world for the name and the SEO power alone. They could be concern in taking over your web site. Or, they could be using it for the sheer SEO exponent alone and forwarding your knowledge domain to their existing web site. Older domains besides tend to be more valuable than a brand newly sphere. then, if you have an old sphere, even if you haven ’ thymine done anything with the sphere, it can calm be more valuable than a sphere you registered a few months ago .
How to Determine What Your Domain is Worth
If your sphere presently satisfies a bunch of the requirements in the above section, then you might have a valuable domain on your hands. Below we ’ ll walk you through some practical steps on how you can determine the value of your world name .
1. Get a Valuation of Similar Domains
A good place to start with domain list evaluation is getting an estimate of the current landscape of knowledge domain name sales. There are a few different sites you can look through which will give you a general theme of what kind of domains have presently sold, and for how much. Some popular sites include ShortNames, Domain Name Wire, and Sedo. here ’ s a promptly spirit at some of the recent domains that have sold from the Domain Name Wire archives : This will give you a general understanding of the types of domains that are sold, the domains that bring in the most money, and more valuable information that you can compare to your current knowledge domain to see how you stack up .
2. Use a Domain Estimation Tool
There are a variety show of appraisal tools out there that ’ ll give you an accurate estimate of what your domain is worth. These tools do a draw of the unmanageable estimate knead for you. In general, what they do is compare your sphere to similar domains and estimate the value based upon what other domains have sold for. The most wide used domain name calculator is EstiBot. Just accede your sphere name into the instrument and you ’ ll get an accurate report of how much your domain identify is worth . Beyond the cosmopolitan valuation, these reports will give you all kinds of valuable data like the value of other relate domains that merely sold, along with search volume, keywords, and more .
3. Consider Selling Your Domain
You can get a lot of useful data from the tools above. But, if you want some practical data on how much your domain is worth, then consider listing your knowledge domain for sale. even if you aren ’ thymine quick to sell your domain, you can create a high gear enough reserve price, where if person does buy it you ’ ll be happy. For example, you can create a domain number on Flippa. Enter all the relevant details about your world, and set a high reserve price. The higher the reserve monetary value, the less probable people will buy your knowledge domain. Your finish here is to get actual bids from real people to see what they ’ ll yield for it. Who knows, person might even purchase your domain for the extremely high reservation price !
How Much Is Your Domain Worth?
hopefully, you have a better mind of the different factors that make a knowledge domain name valuable, along with how you can determine the value of your own knowledge domain. By using the tips and tools highlighted in this post, you should be able to pretty accurately determine how a lot you can sell your knowledge domain for. You can besides use the guidelines above to help you when you ’ re considering purchasing new domains. As a business buy and sell domains can be baffling, but buying domains for your personal projects that check the boxes above can help to improve the sale price down the road. here ’ s a promptly recapitulate of the biggest factors that influence world name price :
- The popularity of the top-level domain you use
- The keywords present in the domain name
- The brandability of the domain name (i.e. does it make sense as a company name?)
- The length of the domain name (shorter is better, commonly-used phrases or words are even better)
- If there’s any existing traffic or backlinks to the domain name
Knowing what your sphere mention is worth can help you decide whether it ’ s time to sell your world for a immediate inflow of cash, or purchase a sword new domain you fair came across. Remember, if you want to cursorily and well register a new domain list, you can do therefore correctly here at HostGator .
Kevin Wood writes about engineering and human electric potential. You can find him at his virtual homes Wooden Writing and Counter Culturist.