7 Characteristics of a Highly Expensive Domain Name

Some domain names are worth millions of US dollars! Here’s why?

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When you look back on the history of domain selling, you can see that some domain names sold for millions of US dollars. Here are some examples:

carinsurance.com  $49.7 million  2010
voice.com         $30 million    2019
hotels.com        $11 million    2001
360.com           $17 million    2015
business.com      $7.5 million   1999
datascience.com   $25K           N/A

If you own a domain like this, congratulations! You’re a millionaire.

Not all domain names are so expensive. There are domains that are not worth at all while some are worth millions of US dollars. What are the characteristics of a high-value domain name? Continue reading to get the answers and explanations!

1. A great domain name has just one or two words

This is very simple to understand. The shorter the name, the higher the value. Shorter names are easy to remember and easy to type in the search bar. If you’re looking to purchase a domain, go for a one or two-word domain name.

2. In most cases, domain names consist of meaningful words