Do you want to start your domain investing journey in 2023? If yes then read this post.
We will guide you through the process of domain investing and explain everything that you need to know.
The domain investing market is projected to grow exponentially in the coming years.
The competitive prices, exclusiveness and high demand for domain names will make it a fruitful investment opportunity for the future.
An Introduction to Domain Names
A domain name is the unique address of a website on the internet. It is what people type into their browser to access your website, e-commerce store or blog.
Quick Tip: A domain name should be short, memorable, and easy to spell to be easily found on the world wide web.
What is Domain Name Investing?
Domain name investing is a form of digital real estate investing where you invest in domain names today, in order to make money in future.
Buy the domain names for low and sell high for profits. Domain investing is also known as Domaining and people who opt for this profession are known as Domainers.
Domains can be as short as a single word (e.g., Nike.com) or as long as you want them to be (e.g., StartYourOnlineJourney.com).
When someone buys a domain name, they have exclusive rights to it for as long as they pay the annual fee to keep it registered with ICANN (Internet Corporation for Assigned Names and Numbers).
The domain investor typically invests in domain names that have a high search volume, meaning they get a lot of searches on Google and other search engines, and they have not yet been registered by someone else who may have plans to use them for their business or website.
The price of domain names varies depending on their popularity and how many years it has been registered already.
For example, if someone wants to buy Kolafi.com, they might have to pay $2995 dollars because we had this domain name for many years now.
How to Invest in Domain Names in 2023?
As the internet is becoming more and more popular, so are domain names. Domain names can be used in various ways and they can be a great investment.
Here are some quick tips to follow for domain investing in 2023.
1. Look for domains that are expiring soon or have already expired. (You can use Expireddomains.net)
2. Research the new trends, industries and upcoming technologies like AI, XR etc.
3. Register the domain name which is available. (You can use Namecheap.com & save 50% on new names using the NEWCOM698 coupon code)