Do premium domain names have more opportunities for business?

[HomeBiz]

Searching some domain names to buy but some belong to premium domain names that it's bidding very high price. ($500 to $4000)
Do you think premium domain names or beautiful domains, it is worth to invest. It's short, catchy and keywords match domain..etc

Any advice?

 

[The Overseer]

Not necessarily. It depends on the brand you want to build, business model you want to pursue, and if the perfect name is absolutely necessary. I mean, sometimes it is a necessity, but those are rare. That or you are trying to be a domain troll and you wanna buy a domain name for $5000 in anticipation that you can sell it off for millions down the road {ie. sex.com, pizza.com, etc}

 

[Inquestor]

Inquestor

Absolutely correct. A domain name is not the same for everyone since we all have different tastes and opinions.

I consider a premium domains (as of now) as a one word .com, maybe even a .net or .org but that's it. All of these other new extensions on the market now are mostly long term investments.

A domain name is like a stock, it is only worth what you can sell it for. You might find the 1 buyer in a million or you might have 1 million people wanting the domain. It's very hard to determine what is a premium domain name without the name.

Say your domain in question has 3 words in it. In my opinion it isn't worth the money ($500 to $4000) but in somebody else's opinion it is a steal!