It’s not challenging to understand why many intelligent, savvy, and business minded people eventually find themselves analyzing different effective methods of generating an income online.
The Internet has truly provided even an average individual with access to some of the most cutting edge, efficient, and passive modes of making money in the world today.
Credited solely to the abundant and infinite virtual online environment, quite literally, anyone can fully expect to start using the Internet to make money.
If you pay attention at all to the news and information regarding business and the economy, you have most likely heard about the very lucrative business of purchasing and selling domains.
This is a very popular and logical place to start, simply because the initial investment required to buy a domain is very minimal by today’s standards.
Being that domains have sold for millions, the potential profit margin alone has a tendency to speak for itself.
How to determine the value of a domain?
There are no hard and fast rules regarding the precise value of a domain. Instead, the value of a domain is determined by a number of domain characteristics, if you will.
Some of the factors that do weight heavily on the monetary value of a domain include:
- the length of the domain,
- how easy it’s to remember and spell,
- and how popular are the keywords contained in the URL.
In general, substituting numbers for words in the domain or using a .net, .biz instead of a .com URL decreases the ultimate price of that domain.
A domain with a well known website and established traffic to the site will have a much higher value in comparison to simply a URL. Linkbacks from credible websites to a domain increase the value of that URL, often times exponentially.
Online experts overwhelmingly agree that adding a website to a domain will only increase that URL price.
However, it’s important to keep in mind that appraising a domain with a website and established traffic, does make the complex mathematical process quite a bit more involved.
Most people turn to professional domain appraisers once the website is established and the traffic is flowing.
Finding domain appraisers
Completing a simple online search with any of the major search engines will quickly let you know that there are a number of companies claiming to provide you with an appraisal for your domain.
However, it’s important to keep in mind that you are trying to find the most unbiased, accurate, and reputable company to provide you with the URL appraisal.
Unfortunately, the anonymous nature of the online environment can make this task more time involved than you may initially expect.
Reputable domain appraisals
Sedo.com utilizes a very unbiased and analytical domain appraisal system, which is heavily rooted in academic knowledge and scientific research. This company has a very individualized approach to providing you with the value of your domain.
After having your domain appraised, you will not only walk away with a precise monetary value in mind, but you will also posses a complete and thorough understanding of exactly why your domain was appraised at that particular value.
What is your opinion about domain appraising? What kind of services you use to value your domains?
Share your experiences and leave a comment below.