80 Why Domain Names So Expensive In This Year

What people often misunderstand is that they think a domain name is just a name why should it have a price or why is it even costly in.
Why domain names so expensive. They just give out a price to scare people away. First it s important to understand who sets the prices for domain names. A domain name is an appreciable marketing asset which mean you buy it for whatever cost 100 1000 10 000 and higher and that domain name will work for you 24 7 365.
I explain that part under the paragraph. Yes you read that right. Why do premium domain names cost so much.
Registrars need to comply with some requirements to have the right of offering domains to the public. The domain name is expensive. But good quality can justify a high price.
You purchase domain names at a domain name retailer like namecheap. When the demand of a particular premium domain name increases its price and value naturally increases due to the supply being quite low. Some of these requirements are to have at.
Premium domain names are more expensive than other domain names because of what they bring to a website. It s all about supply and demand. You might have noticed that i am talking about domain names that are priced so expensive and not necessarily about sold domains.
The most expensive domain name ever sold has come to light at 872 million. Quality baggage a strong domain history i e a good reputation valuable link juice and healthy traffic stats. Since all domain names work the same way why do you have to pay so much for some domains.