shahed_sajid
Level 4
- Joined
- Dec 20, 2020
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You may have some understanding of the value of your domain. But do you know the price of it? You may not. In fact, no one can say the exact price of a domain. No value generator tool aka appraisal tool is correct.
The price of the domain depends on its end users. End users actually decide the price of a name.
In several types of domains, some domains are called liquid domains which can be sold instantly in a certain range if desired.
This range includes 3C/4C domains, 3N to 5N domains, correct generic dictionary words. Only these kinds of domains have an instant resale value.
There is also a resale demand for English simple two-word domains which can usually be sold regularly for low to mid two-figure USD.
Let's come to the brandable domain. Brandable domains are difficult. This kind of domain has no value unless it has an end-user. For instance, do you ever think to buy a name like ‘google’ before it became a well-known brand? In most cases, you may not. But think about the value of that name after its branding. Now, you can’t even estimate the price of such a domain.
So, for the sale of a brandable domain name, you usually have to wait a long time to get the right end-user who also thinks the name also is brandable and he/she can use it for his/ her business.
You can buy 5 letters or 6 letters beautiful, melodious domains but no one can say when you will be able to sale that name.
Domaining is an investment industry. It is not that kind of business that you can buy it in the morning and sale it in the afternoon or the next day. Patience is the key in domain investment. The more patience you have, the more success you will get. There are many people who sell 2/3 of the domains a year, and they are happy with this.
Remember the thing, Quality over Quantity!
How do you set the price of your domain??
The price of the domain depends on its end users. End users actually decide the price of a name.
In several types of domains, some domains are called liquid domains which can be sold instantly in a certain range if desired.
This range includes 3C/4C domains, 3N to 5N domains, correct generic dictionary words. Only these kinds of domains have an instant resale value.
There is also a resale demand for English simple two-word domains which can usually be sold regularly for low to mid two-figure USD.
Let's come to the brandable domain. Brandable domains are difficult. This kind of domain has no value unless it has an end-user. For instance, do you ever think to buy a name like ‘google’ before it became a well-known brand? In most cases, you may not. But think about the value of that name after its branding. Now, you can’t even estimate the price of such a domain.
So, for the sale of a brandable domain name, you usually have to wait a long time to get the right end-user who also thinks the name also is brandable and he/she can use it for his/ her business.
You can buy 5 letters or 6 letters beautiful, melodious domains but no one can say when you will be able to sale that name.
Domaining is an investment industry. It is not that kind of business that you can buy it in the morning and sale it in the afternoon or the next day. Patience is the key in domain investment. The more patience you have, the more success you will get. There are many people who sell 2/3 of the domains a year, and they are happy with this.
Remember the thing, Quality over Quantity!
How do you set the price of your domain??