A
Simple Guide To Choosing A Domain Name
There has been much debate on which factors are the most
important when determining what domain to purchase. Choosing a
domain name should be deeply tied to the business plan and the
vision of the company.
A domain can be chosen for its advantages in Search Engine
placement, a company’s brand, or as a description of a general
term. One must consider a domains size, pronunciation, how
memorable it is, and if the name is taken in other similar
forms or extensions.
For example, if one registers a domain.net, but the
domain.com is taken and developed, creating a brand for
domain.net would be very dangerous and might end up being
confused for its .com counterpart. Search Engine Placement
Domains
The purpose of these domains is to rank high in the search
engines, because the actual domain name contains the keywords
being searched for. Search Engine domains are very rarely
brandable, and are mostly used exclusively as side Internet
properties to redirect traffic to the main site. A company who
sells red widgets would benefit from acquiring red-widgets.com
and redwidgets.com , because it is natural that people will
remember such address, but most importantly, that domain name
has a high probability of ranking at, or very near to, the top
of a search for ‘red widgets’.
A very popular tool used to find what is being searched for
on the net is: Overture Keywords
(http://inventory.overture.com/d/searchinventory/suggestion/)
Brand Domains When coming from the offline business into the
online, the obvious choice for brand domains is the offline
brand name as .com and/or .country extension. Country
extensions are used in countries were there is more popularity
in their country extension than on the .com. In the case that
no previous brand existed before moving online, one most be
very creative into the approach of a brandable name.
At this point, there are millions of domain names registered
and many times, one finds that the desired domain is taken.
There is a consensus among most Internet domain experts that
the shorter the domain, the better. A domain that is about 5
letters long is highly desirable for a brand. However, the
domain must sound right as well. Xyqpt.com would be
undesirable, because it cannot be easily said or remembered to
the general public.
General Term Domains In the height of the Internet Bubble,
general term domains were the most popular choice. Many
companies failed, even though they had the generic word for
their market. Companies like TheKnot.com refused to purchase
Weddings.com, because they were conscious that they needed to
focus on brand.
Although this strategy worked for TheKnot.com, generic words
have a value of their own that cannot be ignored. Like Search
Engine Placement Domains, which attract a large number of
visitors through search engine referrals, so do generic word
domains. For this reason, generic word names are still very
much desired and their value continue to rise.
What should be learned about the Dot Com Bubble is that
generic domains are not everything in a dot com business,
rather they are a valuable (yet, not essential) component in an
array of variables that make an Internet business a success.
The current value of these domains, and other domains in
general can be seen at an online publication that covers recent
domain name transactions at: Domain Journal Sales (http://www.dnjournal.com/domainsales.htm)
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