What Is A “Premium Domain” Name?

Many people who are in the process of creating a website are unsure of what a “premium domain name” actually is. Do not all domain names essentially function in the same way?

Basically, all domain names have the same technological purpose. But some are worth far more than others. Once you realize the value of premium domains, you’ll realize how much you need one for yourself.

The world of domain names is vast and intricate. Just like real estate, where location is crucial, in the digital landscape, your domain name is your address. Among the vast ocean of domain names, the crème de la crème is known as ‘Premium Domains’. But what exactly are they, and why are they so sought after?

What is a Premium Domain?

A Premium Domain is a domain name that holds a higher market value compared to regular domain names. They are often short, catchy, and easy to remember, making them highly desirable for branding purposes.

Think of them as the prime real estate of the internet world. Examples could include names like ‘Cars.com’ or ‘Hotels.com’, which clearly and succinctly state their website’s purpose.

What Is A Premium Domain Name?

Investors frequently buy and sell premium domain names in the hopes of making a profit. These names have a range of attributes that allow them to outperform others in the key function of a domain, helping consumers find the website they’re seeking for.

To access a website without domain names, you’d have to memorize a long and complicated series of digits. Domain names efficiently shorten or connect to this technical location, making websites accessible via search.

But think of the chaos that would ensue if a website had a domain name that was full of misspellings and grammatical errors. To put it plainly, this domain name does nothing to aid website discoverability. In contrast, a premium domain name is easy to remember, short, and descriptive, and it lessens the possibility that buyers won’t be able to find your website.

How Do I Find and Register a Premium Domain?

If you’re interested in buying a specific domain name but aren’t sure if it’s available, you can run a quick search for premium domain names for sale right here on this page. Choose the preferred TLD and continue with your purchase from there.

If the desired domain name is already taken or prohibitively expensive, you can browse the related or suggested alternatives. If you try to find “golf.com,” for instance, you’ll see that it’s taken. Nevertheless, a premium domain with a same spelling and pronunciation can be for sale, such as golf.club.

After a week from the time of your payment and its verification, the domain will be transferred to your name. Remember that while the first payment is a one-time fee, you’ll need to renew your domain registration annually (usually for $10 to $20) to keep the name.

Is a Premium Domain Worth It?

With your newfound knowledge, you may be debating whether or not to invest in a premium domain name. Branding is an investment that pays off in the long run. If the domain name is brief and uses simple words or phrases, it will be easier for the user to memorize and type correctly.

The more distinct you are as a person, the simpler it will be to establish yourself as a leader in your industry.

Why are Premium Domains So Expensive?

As their name implies, premium domains command a higher price tag due to their increased demand. If given the option, everyone would select a short domain name that makes use of commonly used words.

They’re worth it because they boost consumer trust, and when people trust you, they’re more inclined to buy from you.

What Terms are Considered Premium?

Registry policies regarding premium domains are subject to change. A registry is more likely to label as premium common first and last names, short words, and small numbers. Non-premium, or GA, domain names are those that consist primarily of combinations of first and last names, uncommon words, and/or multiple words, as well as greater numerals.

If “smith.example” and “jessica.example” are both premium domain names, then “jessicasmith.example” is likely to be a non-premium domain name. Thus, the number “30.example” might be marked as premium but the number “30001.example,” which is less common, would not.

How Much Do Premium Domains Cost?

Certain registries may charge more than others for the same phrase, depending on how valuable it is in the eyes of the public. To own a particularly appealing domain name could cost you anywhere from a few more dollars a year to several thousand.

The registrar can choose to do this if they so like. Take notice that some premium domains renew at a higher price than their initial premium purchase price, while others renew at a lower, non-premium (“GA”) price. When registering a premium domain name, you should look at the estimated renewal price (shown at checkout).

Can You Sell a Premium Domain Name?

Absolutely! Just as you might sell prime real estate, premium domains can be resold, often at significantly higher prices than their initial purchase cost. Many businesses and individuals invest in premium domains with the aim of reselling them for a profit.

How Long Does a Domain Stay Premium?

The term ‘premium’ is more about market value and demand than a set time frame. A domain remains premium as long as it holds value in the market. Factors like industry trends, emerging technologies, and shifts in popular culture can influence a domain’s premium status.

How to Get a Free Premium Domain?

While the phrase ‘free premium domain’ sounds paradoxical, there are a few strategies to acquire valuable domains at no cost:

• Expired Domain Lists: Regularly check lists of expiring domains. Sometimes owners don’t renew their valuable domains, and you can snatch them up when they become available.
• Promotions: Some hosting companies offer a free domain as part of their package. While these aren’t usually ‘premium’, there’s a chance you might find a gem.

Remember, though, that genuinely high-value premium domains are rarely, if ever, available for free.

What are Luxury Domains?

Luxury domains are a subset of premium domains. These domain names are associated with luxury goods, services, or elite status. Think ‘PrivateJets.com’ or ‘Diamonds.net’. They cater to high-end brands and clientele, serving an elite market niche.

Who Owns Premium Domains?

From individual investors and celebrities to large corporations, premium domain ownership spans a broad spectrum. Many are held by domain investors or ‘domainers’, who buy them with the intention of reselling at a higher price. Others are owned by businesses that utilize the domain for its branding potential.

Benefits of Premium Domains:

• Branding and Credibility: A premium domain can immediately establish your site’s purpose and position it as an authority in its niche.
• SEO Benefits: While not a direct ranking factor, a relevant and catchy domain can improve click-through rates from search results.
• Memorability: Premium domains are often short and easy to remember, leading to direct navigational visits.
• Resale Value: As a valuable asset, a premium domain can be resold, often at a considerable profit.

Conclusion

Short, memorable, and easy-to-remember domain names are called “premium domain names,” and they are already taken. Depending on the market, the price of a premium domain might be anywhere from the three- to seven-figure range.

If you try to register a premium domain name that has already been taken, we’ll do a quick search with the name you supplied and give you a list of suggestions. You may see a list of available domain names, together with the owners’ contact information, under the Premium Domains menu item.

We are the ones to contact if you’re interested in buying some. You can buy a premium domain name by putting it in your online shopping basket and then checking out. You’ll have to pay a transfer fee in addition to the registration fee. Premium domain names are subject to sales tax.