We live in the era of the Internet, which affects every aspect of our life, with online retailers like eBay and Amazon, From Facebook to Twitter to Google. Don’t forget Netflix, Yahoo, Pinterest, Wikipedia, Microsoft, WhatsApp, etc. All of them are big names on the Internet. Before the emergence of the Internet, the terms may look simple. Before 1995, what was the meaning of Google, Amazon? and what was the value of the word? Hardly any. But now, what does it cost you now if you try to buy the domain name google.com? And what about Amazon.com? World’s most successful Internet company?
That is the value of the domain. Domains are just like coins; any regular currency does not have a great Value. But the value increases when it is connected with some unique, like companies, persons, or even special features. Let’s say about this website. insidesimplefinance.com, what is the value? The value does not decide only because of the meaning like Google. Before the company, the word did not even exist. Same here. Maybe my blog and whatever I am writing in it is making some increase in the value. But if I make it with my name. Is there any difference? And what about the .com, .in, .me, etc.? Does it make any difference? Well yes. Dotcom is related to commercial activity, so there is more practical, and so does the value. And .me is all about personal use, so less value. Just check. Jeffbezzos.com and JeffBezos.me? which is more valued? Maybe .me the reason is a Famous person, and .me is personal.
So if that is true, how do you invest in them. Unfortunately, many times, you need the luck to be successful. Maybe what you are thinking is value may come out as usual. Perhaps that is already sold out. Or even nobody wants to buy in Futures. Sometimes. The opposite will also happen like who thinks that ABC.XYZ is necessary for Google? Who predicts that Facebook will buy FB.com? And insurance.com will come out to be one of the more Valued domain names. So why did I add it here? The reason is there is a different market available here. Liquidity is very similar to Real Estate. Domain names are the real estate of the Internet world. They are unique. But just like stocks, if the potential is there and you choose right with luck, you will hit The Jackpot.
