How do you decide how much to pay for a domain?

[Eodine]

These days I always try to by dot com because they happen to be the safest option as they do not have high charges. I always try to avoid domain like dot online or dot io because they are expensive

Dot com runs other websites but I just have mostly preferred freewebhost a while back when their free trial was for months but now I don't even understand that site anymore.

 

[Shigobad20201]

When looking at purchasing some domains - either for a small project or flipping purposes - how do you make the decision around how much to actually pay for it? This is assuming you're not buying it off the likes of Namecheap or GoDaddy of course.

What I mean is, how you decide that this particular domain is worth the $X amount you're going to spend? Do you look at traffic stats and take into account it's earnings? Do you focus on the actual 'name' of the domain? Or do you simply look at the database you might get with the domain? How do you decide what makes a domain worth what you're going to pay?

If you want to buy a domain and you are thinking on how to pay for it, you first have to know how the domain can actually generate before considering the price you actually want to pay for it.

 

[greenie]

Usually, there is a price tag for domains, so one most times already knows what one would pay after buying domain but if it doesn't come with a price tag then one would do well to ask for the price.

 

[opaline]

When it comes to choosing a domain, it is important to consider the budget and the effectiveness of domain to be used. I mean, for sure we can find cheap domains that is compatible to the niche or name of our site. If budget is not an issue, then why not go for the best domain that a site can have?

 

[bomb]

When looking at purchasing some domains - either for a small project or flipping purposes - how do you make the decision around how much to actually pay for it? This is assuming you're not buying it off the likes of Namecheap or GoDaddy of course.

What I mean is, how you decide that this particular domain is worth the $X amount you're going to spend? Do you look at traffic stats and take into account it's earnings? Do you focus on the actual 'name' of the domain? Or do you simply look at the database you might get with the domain? How do you decide what makes a domain worth what you're going to pay?

This will depend on how easy the domain name is to remember. Short domain names are easy to remember and they will definitely cost more than long ones. In some countries, the domain name cost depends on events taking place in the country

 

[James2]

A domain is only worth what someone is prepared to pay, as magicmarkker said.

If this corporation knows you want it for your project and you've already begun with 'get' in front of your name, the price will surely go up. It's absolutely worth $1.5-3k if you told them that.

 

[Jason]

I would look at stuff like traffic coming in. I would look at the domain power. For instance, what are the SEO metrics? SEO metrics can be found on sites like Majestic, Moz, Ahrefs etc.

Well, to sum it up, I would look at a domain more carefully than a diamond to avoid getting ripped off, lol.