Business Brain Boosters here to share another dose of domain knowledge.
When the time comes to set up your own internet business one of your first thoughts is to buy a domain name to establish a web site for your new business. You may spend a lot of time dreaming up possible names and testing their availability but there is another option you should consider — buying an existing domain name.
Obviously you do not want to buy an existing web site for your new business as you wish to create a web site that accurately reflects your business vision, but there are a number of advantages to buying an existing domain name and if you do not yet have your heart set on a new domain name you will likely find an existing domain name available at a price not much greater than you will pay for a fresh name and an existing domain name brings a number of advantages.
One of the primary advantages of an existing domain name is that it already has traffic flowing toward it. Obviously the amount of traffic will vary greatly depending on what the current owner has done for promotion but any traffic is more than the zero visitors a fresh name will deliver.
Another advantage is from search engine optimization. Many domainers will have at least put in a small amount of time optimizing their domain name portfolio for search engines. Others put in a great deal of time and effort targeting key words and making sure the domain name is listed. It takes time for various domain names to work their way into search engine listings and if someone has already done that work for you then you are ready to capitalize on their groundwork as soon as you take over the name.
A third advantage is that the wild frontier of short, targeted, key word domain names is over. It is not impossible but very difficult to find an unregistered domain name in a short, catchy phrase and even more so if you have a specific key word in mind. However, many of the domainers who registered these domain names did so as an investment rather than a long-term project of their own and so are willing to sell. The only way to acquire many of these great domain names is by purchasing an existing domain name. You will not be able to find one to register fresh.
Choosing the right domain name for your internet business enterprise can be an exciting and challenging time but if you take the time to learn more about the available domain names you can buy then you just might find the bargain of a lifetime and start off your business with a bang.
Warmly
Shenthil Ranie
@trafficdiva
