The top ten was rounded out by #8 Ecig.co.uk ($6,613 at DomainLore.co.uk) and two more Sedo sales - #9 Wallace .co at $5,999 and #10 Poianabrasov.ro at $5,632. Sedo went on to sweep 16 of 20 chart entries overall. UnicDomains filled three spots with sales they made on the Above.com Marketplace with their marquee sale of #4 AR.ca ($25,000) joined by #12 (tie) Playground.ca ($5,000) and #20 BlackMarket.ca at $3,500.
If you’re still with me then you might be wondering who came up with all of this. The answer is ICANN — the Internet Corporation for Assigned Names and Numbers. ICANN is a non-profit whose role is to coordinate all the names and numbers that keep the Internet online. They outsource a lot of the heavy domain name lifting to registries like Verisign, who pay ICANN for the privilege.
When you buy a Premium Domain name, you are also buying strong branding potential, high recall, and the ability to attract more traffic to your site. Finding a relevant domain name to your business will provide you a storefront online, allowing your customers the most access to your products as possible. Your domain name is an investment that is easy to map back to success, and the perfect available domain name is just around the corner.
Once you've wisely determined that building a website is an essential part of your business, you need to make another important decision, even before you consult our roundup of the best web hosting services: What's your domain name going to be? You know, it's the [yoursitename].com web address by which all your (hopefully) many customers will find you. Furthermore, how do you go about staking your claim for it? Purchasing a name is a relatively simple process (although finding one that isn't already taken can be a challenge), but there are many factors that you should consider. Since your domain name is, in effect, the name of your website, you want to make sure you get a good one. But what makes a good one? And since it's also the address of your website, you want to make sure you understand the contract between you and the domain name registrar. Is it starting to sound a little more complicated? Don't worry: This primer can help you get started.
Domain name registrations are priced on a subscription-like model that allows a person or business to register that domain name for a certain period of time (usually in annual increments). At the end of the registration period, you (the domain name registrant) have the option to renew the domain name registration for an additional period of time, or let it expire. It is important to renew your domain name registration, or you may find that all of your work building traffic and views to your site ends up benefiting someone else (in the instance that someone else registers your domain name after you let your registration expire), and potentially costing you more in rebranding.
The suffix identifies the name as belonging to a specific top-level domain (TLD). As of late 2016, when this article was written, there are numerous TLDs available for general purchase, including .com, .edu, .game, .green, .hiphop, .net, and .org. The most popular of these by far is .com, which is supposed to indicate commercial sites, but in reality has come to include almost everything.
Premium domains (also known as aftermarket or pre-registered domains) are short domains, often just one word or even just 3-5 letters. Most of them have a .com extension but many premium domains end with .org, .net, and .biz. These domains include common words and are generally the most memorable. Because companies value short domains that match their company name or products, these domains are typically the most desirable. Additionally, certain domains sold by different registries are considered premium and therefore have a higher price point. In some cases, the renewal costs of these higher-priced domains are also quite expensive. Some high-priced premium domains, though, renew at a regular (lower cost) rate, giving you a better value in the long term. Make sure to research the overall cost of the domain plus renewal to find the right domain for your budget. You can browse Namecheap's premium domains in our Marketplace.