We are in the 4th Industrial Revolution of digital and data systems. And domain names are some of the most important assets in the online and hyper-connected world.
Domain names impact the way companies are perceived by consumers. Still, many people and organizations underestimate their value as catalyzers of brand recognition and credibility. In most cases, there is a lack of knowledge and a competitive mindset.
Our responsibility as domain stakeholders is to educate and empower entrepreneurs and companies with accurate and detailed information about domain names as digital assets.
Domains naturally hold an incredible level of exclusivity, with a diversity of uses and monetization opportunities. A name can be acquired, rented, parked, developed, or redirect traffic to another site.
There are several definitions that set domain names apart, but above and beyond. I love to shape their definition as a smart investment.
Why DOMAIN NAMES are SMART?
Strategic Digital Assets. Top companies have build portfolios of thousands of domain names. Either for a marketing campaign, the release of a new product or service, or to create a new brand.
Maintenance 0. Once you become the owner of a domain, there is a mandatory renewal fee, depending on the registrar and TLD. (extension). Online real estate has no property management, repairs, or a diverse of taxes, as in the physical world.
Return on Investment. Compared to classic finance, domain names are always valuable. There are too many cases where a domain was hand registered at 10 USD and sold for an astonishing 5 to 6 figures price. Branding and domain experts recommend getting the exact match keyword domain of your industry, which has a direct impact on clicks, conversions, and profitability.
Tenacity. Domains hold an incredible resistance to volatility and external factors, including weather, virus, real estate, and the job market. If you really want to make a safe investment, start exploring the world of domains as intangible assets.
If you are interested in domain names, feel free to connect with Innovadomains.