What Is My Domain Worth and Its Impacts on Domain Value?
Are you looking for domain worth and its impacts on domain value? Your website is one-of-the most valuable blessings your business owns. It is the heart of your digital-marketing strategies and where people go to find details about your company. You know it is valuable to you, but could it-be valuable in other-ways?
If you are-looking for an-answer to the question “what is my domain worth,” we’ve got answers. Keep reading to discover how you can discover your domain worth and learn about the factors that influence your domain name value!
Want to market your website as the experts do?
What is domain-worth?
Domain-worth is the value of your website. Your worth is the economic value of your website and an approximate amount that you could sell-it for on the market.
What is my website-worth? How to find your domain-name value
If you find yourself-asking, “What is my domain worth,” we have got answers. Here are 2 ways you can figure out domain-name value:
1. Look at similar-domains to yours
One way to work out your domain-value is to look at other websites with a similar-domain to yours. You can look at website domains formally sold and see how much they sold on the market.
For instance, if you search “computer-repair shop,” you can see a list of domains presently on the market. You can see the price these websites-go for and their traffic-volume.
You can find a-website like yours and see the offer value.
The best-place to see current and past domain-name auctions are Sedo. Sedo allows you to see domains that are currently up for sale and how many domains sold in recent days.
Suppose you find it hard to screen through the data; Doman Name-Wire posts a weekly roundup-of-domains purchased through Sedo. You can see if any-domains like yours sold recently and their sale-price.
2. Use a domain estimation-tool
The easier option for finding the approximate value of your domain is to use a domain-estimation tool. Domain-estimation tools allow you to put in your domain-name and automatically contrast your domain to others-like yours.
The results of this assessment are based on what other domains like yours have sold for lately.
Estibot is a great and free-option for evaluating your domain-name. You can-input your domain and get an immediate evaluation.
Using a tool is faster and easier to find your website’s-worth.
How is domain-value determined?
When looking at your estimated domain-value, you may ponder how that score is calculated. Here are factors that-determine your domain-worth:
When looking at your estimated domain-value, one of the powerful factors is your domain-name-length. Generally, shorter domain names have a higher-value.
Shorter domain-names are easier to remember, so people are more-likely to remember them and visit-them. In addition, shorter domain-names tend to be less-specific. Therefore, they can be resold to numerous types of companies.
Take Hot-Topic, for instance. Their domain-name, hottopic.com, is short and-straightforward. If they wanted to sell their-domain, any no. of businesses could buy the domain, from-bloggers to podcasters to-retailers.
On the other-hand, a domain-name like “hottopicclothingandshoes.com” would not sell as well. Not only would it be too-specific to sell, but it also would be too-long.
If you have a shorter domain-name, you can expect the approximate value of your domain to-be higher.
Another factor that affects the value of your domain is your domain-branding. This value factor is subjective but crucial in determining your website’s-worth.
Branding is a critical-component of your business since it tells people who you are and what you-offer. One of the most obvious branding pieces on your website is your-design. Your design choices can bear if your brand is laid-back, sophisticated, high-energy, and more.
RELATED BLOGS: READ MORE
Your domain-name attains the same-goal. The name you choose for your-website is a fundamental part-of-your brand because it is the U.R.L people will type-in to get to your website.
The branding of your domain-name looks at how enduring and unique your brand domain-name is.
3. The top-level domain affiliated with your domain
Another factor leading your domain-name worth is the top level domain affiliated with your name. This strand dawns at the end of your U.R.L and can be:
What is at the end of your website impacts the value of your site. Having “.com” at the end of your U.R.L will give you the highest resale-value, as it is the most commonly required top-level-domain.
If you have a random top-level domain-name, it may only have value in particular-niches.
4. Website-traffic for domain-keywords
Another factor to reflect when looking at your approximate website-value is the website-traffic for keywords in your domain. If your domain-name contains highly searched keywords, it will be more valuable.
The keyword “hot topic,” for instance, receives over 550,000 searches per-month through-Google, according to Estibot. As-a result, hottopic.com has a higher domain-value due to the increased-search-volume.
Using a keyword-research-tool, you can regulate the search volume of keywords in your domain U.R.L. A keyword research tool can-help you see the traffic-volume and understand how it impacts your domain-name worth.
Increase your domain-value with digital-marketing
With the help of the digital marketing strategies of Digiscap, you can drive more qualified traffic to your website, increase trust signals, and create a more useful website for your-business.