8 Top Reasons to Invest in Website Domains
The field of website domains is one that has arisen in the age of the internet. As more and more people and businesses invest in websites for either personal or business reasons, the demand for unique website domain names has skyrocketed in recent years. Investing in website domains is a good way to make money in today’s internet world, and there are many parallels between investing in domains and investing in real estate. Just like with real estate, website domains can appreciate over time. And similarly to real estate, domain properties can be developed into websites with even more value, although that part is not necessary in order to make good money.
There have been some incredible prices paid for good domains. Here are some examples:
- com sold for $35.6 million in 2010.
- com sold for $35 million in 2007.
- com sold for $7 million in 2004.
For more examples, see this article in Wikipedia: https://en.wikipedia.org/wiki/List_of_most_expensive_domain_names.
Here are eight reasons to invest in domains.
1) The field of website domains is growing.
The demand for website domains is not only growing now, but will only continue to grow. Traffic on the internet is increasing at a practically exponential rate. As it does, the demand for website domains will only grow. This is a new form of investment, but it is a form that is quickly becoming very popular.
2) This is the time to jump in.
As this field continues to grow, it may become harder to get a footing in upcoming years. Now is a good time to get a foot in the door and start investing in website domains, while it is still very much a growing industry and there is a lot of room to get started. The more time that goes on, the less availability there will be for desirable domains.
3) It’s a way to make money without spending an extreme amount of time.
Investing in website domains is not necessarily a full-time commitment. You can put in as much time or as little time as you want (or simply have available). This kind of work can be anything from a small side job to make some extra money or something you put quite a lot of time in, and it can reward both of those commitments or anything in between. The most successful investors in domains enjoy quite lucrative income…
4) There is, potentially, serious money to be earned.
If you are willing to do the extra work, do your research, and spend the time, you can potentially make quite a bit of money. There’s more money than you might think in website domains. The right website domains could be worth quite a bit of money to the right people. Creative thinking, good timing, and time spent on quality can get you extra money. You might be surprised at how much money some people have made from this field.
5) Investing in website domains rewards your creativity, knowledge, research skills, and time spent.
The more knowledge you have to draw on will allow you to create website domains of all kinds. The more creativity you can put into thinking of website domains will potentially lead to more valuable urls. The better you are able to research, the better your domains can be. And the time you are willing or able to spend investing in domains will come back to you in profit.
6) It doesn’t take a great deal of money to get started.
New domains often cost in the range of $12-13, but top domain registrar companies such as Godaddy often have coupons available that can bring the price down to as little as $0.99 for one domain. Just do a Google search for “Godaddy coupon” (or other company) and you should be able to find heavily discounted prices.
7) Domains are extremely portable.
Since domains are hosted electronically, if you decide to move to a different area or even different country, you don’t have to worry about transporting your domains. Plus, your domains are very secure within the registrar, so you don’t need to worry about locks, safety deposit boxes or safes, etc.
8) Domains aren’t taxed.
Unlike certain investments (real estate, store inventory, etc.), domains are not taxed. You can hold onto a domain over time while it appreciates in value, and the only expense is the annual renewal fee, which is a very reasonable cost. (Note: always consult your personal tax advisor to be sure about local tax laws.)
Investing in website domains is a relatively new field of internet money making. But it is a growing and successful one. It is a great field to get into right now, as the right domains are more and more valuable every day. You do not have to spend a great deal of time to make money investing in website domains, but if you do spend more time you will be rewarded with extra money. All in all, if you are looking to make some money on the internet, you should definitely consider investing in website domains. If you would like more information about this topic, check out the domains we have listed at http://www.RepublicDomains.com, and send us a message.