What is a Premium Domain Name?
A premium domain name is a high-quality, memorable domain that is for sale at a price higher than a standard, newly registered domain. They are valuable because of their strong branding potential and are often seen as a significant business investment.
What Makes a Domain "Premium"?
Several factors make a domain name valuable and easy to market:
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Short Length: Shorter names are much easier for customers to remember and type (for example,
cars.com). -
Common Words: The name uses simple, generic, or popular keywords that get a lot of search traffic (for example,
hosting.com). -
Good TLD: The name uses a trusted and popular Top-Level Domain like
.com,.net, or.org. -
Brandable: The name is catchy, sounds good, and is easy to build a brand around.
The Two Types of Premium Domains
It's very important to understand that there are two different kinds of premium domains, as they have different pricing structures.
1. Aftermarket Domains (Sold by an Existing Owner) These are domains that another person or company already owns and has listed for sale.
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Pricing: You pay a high, one-time purchase price to the current owner.
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Renewals: After you own it, the yearly renewal cost is usually the normal, standard price for that domain extension.
2. Registry Premium Domains (Sold by the Registry) These are brand new, unregistered domains that the central domain registry itself has marked as high-value.
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Pricing: You pay a high price to register the domain for the first time.
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Renewals: The yearly renewal and transfer prices are also much higher than the standard price, and this high cost continues every year.
How the Purchase Process Works at FavoHost
Because the price of premium domains can change and must be confirmed, the price you see in our domain search results is an estimate.
If you choose to buy a premium domain, our team will contact the owner or the registry to confirm the final, exact price. We will then contact you to get your approval for this final price before we process any payment.
If you do not agree to the final price, the order will be cancelled, and you will not be charged.
Are They Worth It?
A premium domain can be a powerful asset for a business, providing instant brand recognition. However, for most new projects, a standard domain name that you register for the first time is an excellent and affordable choice.
