How to know the value of domain name
Having a domain name for your website is the first to be done for any type of website, and you will need to buy the name you choose for your website. There is the value of the domain to consider. You should know much you should pay a domain name. There is no specific method to judge the value of it but there are some points you should consider that will help you to have a roughly idea of the value of it, and also that will tell you how the domain companies increase the value of it.
There is difference of opinions to consider the value of it but there are some basic points which are surely being used for the purpose. The value of domain will depend very much on the extensions that we use at the end of the URL such as .com or .net. Domains that have this extension are known as TDL or top level domains. The highest rate will be of the domain with the .com extension because it is very famous in the world of internet and but other extensions such as .net .org or .info are increasing their value day by day. Mainly these extensions are being used for different purposes such as .mobi is being used for mobile websites and .org is being used for the websites of companies and organizations. There are also extensions which are being use to specify the origin of the website such as .co.uk or .au. Then there is extension .TV . The use of this extension has started in recent years but it had gain fame very fast. This is being used for TV related domains.
Then there is the matter of the words you choose for your domain. The numbers of words for one name can also affects its value. The single world domains have greater value with right spelling and abbreviations. Two word domain can also be considered valuable but if the domain has more than two words its value will decrease quickly. It is important to have high quality TDL as well. Domains in which wrong spellings and abbreviations are being used will not have great value.
The purpose of website also affects its value. There are websites on sex, health and financial are more valuable in the industry now days. It is also important of the word is generic or non generic. Generic words are those which have proper meaning in the dictionary. This type of word with .com extension can give the highest value to it.
The number of letters is also important. Three lettered word will be expensive but if it has four letters they should be form a proper work or have any meaning and sense so that people can understand it. The value of the website start decreasing at the 8 or 9 lettered words.
These are the basic but very important things that can tell about the value of domain name.