So, you want to register a domain name in hopes of selling it for big bucks?
First, you have to find a domain name registry site. Yahoo! is currently having cheap domain name registration for brand new customers who haven't registered domains with Yahoo! before. The deal is currently at $1.99 for the entire year through the Yahoo! domain name registry. With Yahoo! domain name registry, you essentially get 24/7 support for your website. Another affordable and popular domain name registry is GoDaddy.
You now have to consider the qualities that make a valuable domain. Here are some appraisal aspects to consider when choosing a domain.
- Choose a top-level domain extension. The highest level domain extension is .com
- Find a clear meaning for your domain name
- Decide if the domain name is easy to commercialize and brand. Remember, businesses are the customers who will pay big bucks for a domain
- Make sure the domain is easier to remember
- The less words the domain is made up of, the more valuable it is
- Number of searches performed on the word in the last month. Also find out the current position of that word in the market
- Make sure the domain is easy to pronounce. It may look good on paper, but it may sound bad
- Hyphens, number and typographical errors lower the value of the domain name
- Typographical errors may work to your advantage when they are misspellings of other more famous sites
