Expensive Domain Names — Are They Worth It?

[Smithee]

I've just been reading a news story about a marketing company that bought a domain name for $250K. Since they have that much money I suppose they could buy any domain name, use that money for promoting the site and inform the world of their existence.

If a domain name you wanted isn't available and would cost you about $1K to get it, would you fork out the money?

What's the most you'd pay for a domain name?

 

[threenerds2014]

I've just been reading a news story about a marketing company that bought a domain name for $250K. Since they have that much money I suppose they could buy any domain name, use that money for promoting the site and inform the world of their existence.

If a domain name you wanted isn't available and would cost you about $1K to get it, would you fork out the money?

What's the most you'd pay for a domain name?

This is depending on branding as well as I'll calculate the maximum revenue. In normally I don't like to buy any domain name which is in the auction. Right now domain name doesn't fact. Think about IFTTT or 9gag. Nothing means but the branding.

 

[mdvelops]

Depends on the potential. If I already have a decent income source from something and I wanted to make it available on a site, it could be worth it.

If it was just an idea and wanted the name...probably not worth it to start with!

 

[Vinaya.Ghimire]

Even of I had money, I would never pay high amount to have a domain. I would hire a team to come up with a good domain name, register the domain and brand the business according to the domain name. In few years, the domain I registered will have value.