Beneficial Attributes of a Premium Domain Name
In the domain name industry, "premium domain name" is a term used loosely, sometimes qualified further as "super premium" or "ultra premium." For the purpose of this article, a premium domain is a scarce, highly desirable name that commands a five, six, seven, or even eight figure price tag: typically a dictionary word, a keyword tied to a lucrative industry, or a short name of one to four characters, almost always on .com.
The following are the beneficial attributes of a premium domain name: maxed-out traits that amplify everything else a company does. It's why investing in the best domain name your business can afford pays off.
Domain Name
Positioning and Authority
The best domain name creates a sense of instant authority, positioning a company as a leader both globally and within its industry.
SEO
There are hundreds of factors that go into a website's search engine ranking. Domain keywords, age and historical links are a piece of this pie, and often come with premium domains. A premium domain name makes people more likely to link to your website. Click-through rates increase for better domain names too, since there's a higher sense of trust.
Marketing
Consider how much marketing has gone into a domain extension. Billions of dollars have been spent marketing the .com extension. After decades of people seeing .com on billboards and television, it's become the assumed extension.
A domain name doesn't just match a brand, it very much is a brand. The best domain name takes control of the mindshare of that word. When you buy your exact-match domain name, you're investing in your brand equity.
Length and memorability matter most with domain names. Both make it easier for customers to find a website from advertising or word of mouth.
Security
When a high-quality premium domain name is used, customers can feel more assured they're dealing with a legitimate website. Spoof websites are far less likely on, say, a three-letter .com. Email security improves too, with less chance of emails being lost, sent to competitors, or worse.
Cornerstone
A domain name is the cornerstone of a business. It's like a physical storefront, but more. Telling someone your domain name is like handing them a virtual business card. A business has to work much harder on marketing with a bad domain name; a business's efforts are amplified with the best one.
Lesser domain names, such as composite words, can pigeonhole a business. Owning a more generic, shorter brand name gives a company the flexibility to pivot its business without ever changing its domain name.
Capital Asset
Domain names are digital assets, and they hold value. If a company is sold, its domain name is an asset included in the sale, and its value is factored into the company's worth. If a company shuts down, the domain name remains and can still be resold.
Thinking about a premium domain name?
Tell us what you're after and we'll help you track it down.
Get in Touch