How Many Dollar Buy a Domain?
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PremDomains
- 4 July 2024
One of the most important steps of having a website in the internet world is the domain name purchasing process. Domains serve as a digital identity for brands and individual users. However, domain prices can vary over a wide range. Generic domains, premium domains, and newly registered domains are priced differently. In this article, you can find detailed information about domain prices, the domain buying process, and choosing the appropriate domain.
What is a Domain Name?
A domain name is defined as a memorable digital address used to access a website. For example, google.com is a domain name, which allows users to access websites with words instead of memorizing IP addresses.
Domain names are complemented by specific extensions:
- .com → The most widely used and preferred domain extension for commercial websites.
- .net → Common for technology and network services.
- .org → Used by non-profit organizations.
- .edu, .gov → Reserved for education and government sites.
- .tr, .de, .uk → Country-coded domain names (ccTLD) customized for specific countries.
Some domains are called premium domains because they contain generic words and have high commercial value. Premium domain prices can be much higher than regular domain prices.
How Much Are Domain Prices?
Domain name prices vary according to the following factors:
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Domain Extension
- .com extensions usually range between $15-$25, while alternative extensions such as .net and .org may be slightly more affordable.
- Country-coded domain names (.com.tr, .uk, .de) can vary between $25-$35.
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Prices Depending on the Registrar
- Companies such as GoDaddy, Namecheap, Google Domains offer different pricing.
- While some companies offer discounts for the first year, renewal fees may increase in subsequent years.
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Generic and Premium Domains
- Generic domains are domain names that are wordy, memorable, and provide SEO advantages. For example, hotels.com, insurance.com can be worth millions of dollars.
- Premium domains can often be sold for thousands or even millions of $.
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Second-Hand Domains and Auctions
- For those who want to buy domains that are not available, it is possible to buy domains through auctions on domain marketplaces (Sedo, Flippa, Afternic).
- Second-hand domain prices can range from $25 to millions of $, depending on the value of the domain.
How to Do a Domain Check?
Before you start the process of buying a domain, you need to check if the domain name you have chosen is available. This process is called domain check.
Domain check steps:
- Choose a domain registrar → Log in to GoDaddy, Namecheap, Google Domains, etc.
- Search for your domain name → Use the domain check tool to check if your chosen domain name is available.
- Choose an available domain → If your chosen domain is not available, you can try alternative extensions or variations.
- Register the domain → Once you find a suitable domain name, register it by making a quick purchase.
Some domain registrars offer discounted domain prices for the first year. However, it is important to check the renewal fees in advance.
Domain Purchase Process
Buying a domain name is a fairly straightforward process. Here is a step-by-step domain buying guide:
- Make a domain inquiry: Check if the domain name you want is available.
- Determine the domain extension: Prioritize popular extensions such as .com.
- Choose the domain registrar: Register through a trusted domain registrar.
- Configure DNS settings: Activate your domain name by connecting it to your web hosting service.
- Track domain expiration: Renew your domain name on time to prevent it from expiring.
Especially since generic domains can be sold at high prices, buying a domain name early can be a great advantage in the long run.
Tips for Choosing the Most Suitable Domain
- Choose short and memorable domains.
- Choose SEO-compatible domains and make sure they contain popular keywords.
- Prioritize the .com extension.
- Evaluate investment opportunities by researching premium domain prices.
- When buying a domain name, consider the branding potential.
- Examine second-hand domain markets for domains that are not available.
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