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    Home»Business»A Great Domain Name Can Add Millions to Your Business — Here’s How to Get One (Even If It’s Already Taken)
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    A Great Domain Name Can Add Millions to Your Business — Here’s How to Get One (Even If It’s Already Taken)

    The Daily FuseBy The Daily FuseMay 7, 2025No Comments4 Mins Read
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    A Great Domain Name Can Add Millions to Your Business — Here’s How to Get One (Even If It’s Already Taken)
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    Opinions expressed by Entrepreneur contributors are their very own.

    Your domain name does extra than simply direct individuals to your web site — it is your digital first impression. It builds credibility, boosts search visibility and infrequently turns into considered one of your strongest model property.

    Let me present you what that appears like in the actual world.

    One in every of my purchasers runs a $1 million e-commerce enterprise. For years, they operated beneath an honest—however—forgettable area. After an extended negotiation, they purchased the exact-match.com for $150,000. Inside a yr, site visitors rose 32%, conversions jumped 18% and income elevated by practically $300,000. That single area improve paid for itself.

    In my very own case, I’ve spent over $1 million on a website. It wasn’t self-importance — it was technique. That funding returned many multiples in model fairness, inbound site visitors and authority.

    Should you’re critical about constructing a enterprise, you must deal with your area like an asset, not an afterthought. And if the identify you need is already taken? There is a playbook for that.

    Associated: 8 Elements to Consider When Picking Your Domain Name

    Step 1: Determine who owns it

    Begin with a WHOIS lookup utilizing instruments like ICANN Lookup or DomainTools. If it is public, you will see the proprietor’s data. If it is personal, you will typically nonetheless have the ability to contact them via area marketplaces or a dealer.

    Subsequent, go to the area:

    • If it is an lively enterprise website: Anticipate a harder negotiation.
    • If it is parked or coated in adverts: It is possible on the market.
    • If it redirects someplace else: That indicators strategic worth—presumably for branding or search engine optimization.

    Additionally, test for emblems through USPTO or WIPO. Authorized points can derail even the perfect plans.

    Step 2: Estimate the worth

    Area costs differ wildly. This is what impacts worth most:

    • Prime-level area (TLD): .com reigns supreme.
    • Key phrase relevance: Precise matches in aggressive industries drive up worth.
    • Age: Older domains typically carry search engine optimization authority.
    • Site visitors/backlinks: Current hyperlinks or natural site visitors make a website extra precious.

    Use instruments like GoDaddy Appraisal, EstiBot, and NameBio for comps — however keep in mind they’re estimates. Actual gross sales information is best.

    Step 3: Attain out the proper means

    Maintain your first message brief and low-pressure:

    Hello [Name],
    I am curious about buying [domain.com]. Would you be open to discussing a possible sale?
    Finest,
    [Your Name]

    Keep away from overselling your small business or explaining why you need it — that simply raises the worth.

    Should you do not hear again, observe up in every week. Many domain owners merely miss your first e-mail or filter unknown senders as spam.

    Associated: Do’s and Don’ts of Securing a Domain Name

    Step 4: Negotiate sensible

    Begin under market, however not insultingly low. If a website’s worth is round $10,000, think about opening with $3K–$4K. Justify your supply with comparable gross sales or business traits.

    If the vendor’s quantity is excessive, discover choices:

    • Installments: Many house owners are high-quality with cost plans.
    • Bundle: Ask in the event that they personal associated domains you should buy collectively.
    • Fast-close bonus: A small additional for sooner switch typically sweetens the deal.

    Step 5: Use a dealer (when it is smart)

    If negotiations stall — or if the asking worth is means outdoors your consolation zone — a dealer might help.

    dealer retains your identification nameless, is aware of easy methods to worth domains, and infrequently will get higher pricing. They will often take a ten–20% minimize, so weigh that in opposition to the effort and time you’d in any other case spend.

    Step 6: Lock it down safely

    When you agree on a worth, use a trusted escrow service like Escrow.com. They maintain the funds till the area is transferred to your registrar and in your identify.

    Confirm the switch is full through WHOIS or your registrar dashboard earlier than releasing cost.

    What if it isn’t on the market?

    If the proprietor will not promote, you are not out of choices:

    • Set alerts on marketplaces like GoDaddy Auctions.
    • Look ahead to expiration — some domains drop when homeowners overlook to resume.
    • Strive alternate extensions (.co, .io, and many others.), however use with warning — particularly if the .com is actively used.
    • Rebrand creatively. A few of the strongest manufacturers on the market weren’t apparent selections at first.

    Remaining ideas

    Shopping for a website — particularly one which’s taken — takes persistence, analysis and generally a bit of money. However when performed proper, it is one of many smartest long-term model investments you may make.

    I’ve purchased domains for $2,000 and $1 million. In each circumstances, the return got here from one factor: enterprise impression.

    Your area is not only a URL. It is your first impression, your model basis and a 24/7 belief sign.

    Make it depend.



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