Why Premium .COM Domains are Still the Best Bet in 2023
In today's digital age, having a strong online presence is essential for businesses looking to grow and thrive. One of the key components of a strong online presence is a premium domain name. Premium one-word .COMs remain the best option for businesses that are growing or startups with funding. Recent sales of domain sales such as nfts.com for $15,000,000, and connect.com for $10,000,000 and chat.com (undisclosed but most likely 8 figures) demonstrate the continued value and demand for these types of domains.
Among the top reasons that premium one-word .COMs are so valuable is that they are highly memorable and brandable. These domains are short, easy to remember, and provide a clear message to customers about what the business does. This makes it easier for customers to find and remember the business, which can lead to increased traffic and sales. Additionally, premium one-word .COMs convey a sense of authority and trust, which can be especially important for startups looking to establish themselves in a crowded market.
It's no surprise that many businesses understand the importance of having a .COM domain name and will upgrade to it whenever possible. Embrace.com has compiled a list of businesses that upgraded to their .COM domain names. These businesses range from small startups to well-known companies like Tesla, which acquired Tesla.com in 2016 for $11 million dollars as confirmed by Elon Musk. This demonstrates the value that the biggest businesses in the world place on having a .COM domain name, particularly a premium one-word .COM.
Premium one-word .COMs have a proven track record of success. They are versatile and can be used in a variety of ways. They can be used as the primary domain name for a business website, or they can be used as a branded link for a specific product or service. They can also be used for email addresses, which can add a level of professionalism and credibility to a business.
Furthermore, premium one-word .COMs are in high demand and limited supply. As more businesses move online and the number of available domain names dwindles, premium one-word .COMs will only become more valuable. For businesses that are growing or startups with funding, investing in a premium one-word .COM can be a smart decision that pays off in the long run.
In summary, premium one-word .COMs are still the best option for businesses that are growing or startups with funding. They are memorable, brandable, versatile, and have a proven track record of success. Recent sales of domains such as voice.com, nfts.com, and connect.com demonstrate the continued value and demand for these types of domains. Having a premium one-word .COM is an asset that can provide significant value and long-term benefits for a business, as demonstrated by the many businesses that upgrade to their .COM whenever possible. Grit Brokerage currently has many amazing one word .COMs for sale and they can be found on our website here.