Is it worth buying more than one domain?

[tolutronics]

Buying multiple domain depends on different parameters, and it also depends on the nature of the brand that owns the website. Another reason to buy multiple domain is if you don't want similarities i domain name with another brand.

 

[Edward2]

Yes, purchasing several domains for your company will boost your online presence and defend your brand from fierce rivals. ... Holding domain names out of rivals' hands is just one of the reasons why investing in numerous variants of your primary domain is a brilliant idea.

 

[Justin]

If you are a big business and you want to protect your brand value, I think buying extra domains have a valid point. However, for a small website owners there is no need to buy another domain. You can't even afford

 

[Kane]

I did try buying various extensions for a domain. Since I did not want people to abuse my primary domain, I bought other popular extensions, however, it cost me a lot of money to maintain multiple domains. Therefore, I gave up.

 

[Ayokex]

There is nothing wrong in acquiring multiple domains especially for business purpose. I've heard of people who have hundreds and some thousands of domain in their archive. Many of these people millionaires in dollars.

 

[Ralphjoe]

As a domain flipper I can tell you that having more than one domain is a necessity because you will need to sell off so many domains and most time you are having more than one domain will increase your chance of selling a domain.

 

[Chibson]

I think this is a very good idea that you have brought here. If you don't do such some businesses may copy your website domain and use it to grow their business

 

[Heatman]

Well if you have the money to spare and actually the time to maintain both domain at the same time without allowing one to lavish then I don't think there is anything wrong with it

 

[Justin]

If you want to buy multiple domains for your website, it will just add cost. You might be thinking about stopping people to use your domain name but how many extension you can buy there are hundreds of them.

 

[Kubiat-Abasi]

It is worth buying more than one domain also you could pay someone to manage it for you while you manage others. Apart from investing quality time to add value to domains, I prefer buying it to keep because it may incur high value in the near future.