What is a Premium Domain name

 

You've got a fantastic new concept for a website, you just need a catchy domain name, right? The domain is available, according to a WHOIS lookup website, but when you go to register it, you find a fee of $500 or even $5,000? How come the domain you want is so pricey when you can purchase a new.com domain for as little as $8.38? Most likely, you have found a premium domain name. The most frequently asked questions about these domains are addressed in the section below.

What is a premium domain?

Premium domain names come in two different categories. The first one refers to any memorable domain name that is already registered by an individual or business and has a significant marketing value. For instance, Voice.com, which had its registration in 2001, was sold in 2019 for $30 million. The name is regarded as a premium name since it is brief, simple to remember, and valuable. Aftermarket premium domains are another name for this category of domains.

The registry companies in charge of the top-level extensions charge more for the second category of premium domains. No one or any organization has yet to register these domains. Because of this, when you seek up these domain names, they show up as being accessible for registration but are far more expensive than typical names with the same extension. Registry premium domains are another name for this category of domains.

In any scenario, looking at a domain name's pricing makes it simple to determine whether it is a premium one. You've found a premium domain if the price is much more than that of a random available name with the same extension. If you observe that the cost has increased slightly.

What makes a domain name premium?

There are no hard and fast rules governing which domains will be considered premium. The registry makes this decision solely at their discretion. The value of an existing domain is determined by its owner and the price that potential buyers are willing to pay. However, there are a few characteristics that set a premium domain name apart from the crowd. They can tell you whether the price you have to pay is reasonable.

Do all TLDs have premium domains?

The simple answer is no. Many new generic TLDs, such as.auto,.club, or.site, as well as some country-code TLDs, such as.ch,.tv, or.fm, have registry premium domains, but most original gTLDs, such as.com,.net,.org, and most country-code TLDs, such as.io or.ai, do not. If a memorable domain name is not already registered with the latter group of TLDs, you can register it at the regular price.

The TLD has no bearing on aftermarket premium domains. Regardless of extension, two- and three-letter domains are usually considered premium. Any existing name with any TLD and any length can be upgraded to a premium name if the owner is willing to do so.