Amongst the many characteristics of premium domain names, six of them really distinguish the big domain names from all the others.
As Alan Hack explains, these elements are incredibly valuable for the people that acquire them and then extremely powerful when used strategically in marketing and business development.
Element #1 – The domain name is descriptive.
Take ‘retirement.com’. It is a name that defines the category of retirement. It is descriptive of retirement. You can imagine that the website will have products and services related to retirement.
Element #2 – The domain name is intuitive.
You think about it intuitively. “I need to plan for retirement, let me check out ‘retirement.com’ and see what information is available.”
Element #3 – The domain name is memorable.
As soon as people hear it or see it, they can remember it. If they already have retirement on their minds, it is easy to remember ‘retirement.com’.
Element #4 – The domain name is marketable.
Highly marketable domains are extremely valuable because they can be strongly positioned in marketing campaigns – online, offline, and in the real world.
Element #5 – The domain name is referable.
A domain name’s true value is how easy it is for someone to remember it enough to REFER it to their friends and family… because word-of-mouth is the most effective form of marketing.
Element #6 – The domain name is credible.
Generic, descriptive domain names have an inherent if not unconscious element of credibility. One assumes that the people behind ‘retirement.com’ must know a lot about retirement.