If you’ve found yourself wondering whether or not it would be a good idea to purchase a numeric domain name, then you’re far from alone. You’ve no doubt heard a little bit of the buzz about numeric domain names. You’ve heard they’re in high demand. You’ve heard they’re hot. If you’re in the business of flipping websites or domain names, then you’ve most definitely wondered whether or not investing in a few could lead to big money.
However, if you’re like the smart investors out there, you’re probably also wondering whether or not this is all just a flash in the pan. Let’s take a closer look at this intriguing new trend in domain names, the better to determine whether or not it’s potentially a good choice for you.
What’s the Deal with Numeric Domain Names Anyway?
Those of us in the Western world may well be aware that there are those out there looking to get their hands on a numeric domain name because of its perceived value… but we’re probably also in the dark as to why those domains are considered to be so valuable. After all, most of us don’t naturally think in numbers or readily relate certain numeric sequences to products or services.
The easy answer to that conundrum is that we aren’t necessarily the ones that are looking to acquire these names for their own sake. In Asia and especially certain Asian countries like China, numeric domain names are huge. In such cultures, numbers in general come attached to great meaning. Specific combinations of numbers have even more meaning and the right combinations could be worth some serious money.
In case you’re wondering just how serious the money attached to some of these domains can be, just consider the fact that 888888.com wound up selling for $245,000. That’s enough money to change someone’s future for good, so it’s no wonder people are curious about whether or not a numeric domain name might represent a good investment in one’s financial future.
What Are Some of the Other Benefits Attached to Numeric Domain Names?
Of course, the potential to sell the domain for big money on the Chinese market isn’t necessarily the only advantage to having one of these. They also come attached to the following advantages.
• Numeric domain names are highly flexible. They can easily be connected to any product, service, or idea. They are also fluid enough that the focus of the domain can be changed at any given time with a minimum of fuss.
• It’s harder for people to obtain trademarks and legal rights to numeric domain names. This can help lower the likelihood of losing your domain or facing legal issues because of similarities to an existing brand that is trademarked.
• Numeric domain names come attached to a much lower risk overall. Not only are they more likely to be useful for the owner, but they’re going to be so for any potential buyers as well.
Are Numeric Domain Names a Good Investment Risk?
If you’re in the business of flipping domains (or thinking about getting into it), then you might be wondering whether or not you’re missing the boat by not acquiring and working with some of the numeric options you’ve been hearing so much about. Here’s what you’ll want to know (or at least consider) before jumping in feet first.
Numeric domains are indeed still going for a lot of money… but you might find that you have trouble acquiring any for a reasonable price at this point in the game. Those selling such domains are typically already well aware of what they’re worth and are looking to sell at prices that reflect the true worth of the domain. In fact, owners probably receive multiple offers in regards to the domain each week, so they can afford to pick and choose who they sell to.
They may definitely be worth considering for experienced investors who know the market well though. Be sure to take the time to research current trends as far as which sequences are going for the most money and put your money down wisely. If you play your cards right, you could manage to land something truly valuable and gain a considerable return on your investment.