If you are trying to crack your market online then it all starts here – the domain name. So many businesses will overlook or misunderstand their domain name completely. Time after time we see small and medium sized businesses trying to succeed in the competitive online world without any real consideration for their domain name. The domain is the first ingredient of a successful inbound marketing campaign but rarely gets the attention it deserves!
Brand Vs Optimisation
There’s no need for details about the impact a domain has on search engine optimisation but there are two basic principles worth knowing:
1. Keywords in a domain name help to rank for those keyword search terms
2. Different domain extensions have different impacts on SEO (.com ranks globally, .co.uk ranks locally etc)
While it’s great to use a domain name that’s sole purpose is to promote a strong brand; a domain name that is focused exclusively for search optimisation is really going to hold back your inbound marketing campaign. To quickly refresh your memory, inbound marketing is all about drawing traffic to your website by appealing to your audience through various channels on the internet (social, search, content). Having lots-of-keywords-in-your-domain-name.com will not help to achieve that, what it will do is lose the trust of your visitors (hugely damaging for eCommerce) and likely have zero impact on Google.
Dot What?
If you’re reading this you’re probably from the UK. And if you’re a for-profit business then there is rarely any option than .com or .co.uk. You may have heard of .co’s that have been marketed as short for ‘company’… it is actually short for Colombia and will help you to rank in Google.com.co. Of course there are exceptions:
1. Perhaps there’s an absolutely ideal domain name finishing in .net that is available. In this instance there’s a great argument for going ahead with it, just make sure you embrace the ‘.net’ extension in your branding so that it rolls off the tongue when anyone ever thinks about your brand.
2. Using a .org or .org.uk if you’re a nonprofit organisation is fairly standard. Generally speaking, a business making lots of profit should probably avoid either of these.
3. Then you have .tv, this is actually the local domain extension for the Tuvalu Islands, but it works great for video streaming brands like Blip.tv.
If you’re looking for a .com, .net or .org then go to instantdomainsearch.com to quickly see what’s available to register. If you’re looking for a .co.uk then 123-reg.co.uk‘s search function is pretty speedy too!
Budgeting for a Domain Name
It’s impossible to give any hard and fast rules. A domain name’s price is what your business values it at but you can get a pretty good idea from any similar and recent domain sales. But there’s no real way to measure its ROI unless it is a keyword domain and you’re looking at future search engine rankings.
All I can say is that if the domain name you want is not already being used, then you can expect to pick it up for about £7/year. If the domain you want is not available, but it’s short, brandable and a .com, then expect to pay upwards of £500 but this can increase into the tens of thousands pretty quickly. A very vague and general idea of value can be shown by:
Domain Value:
.com = 10X .co.uk = 100X .org.uk
The Purchase
Scenario 1: Domain is available to register
Go buy it.
Scenario 2: Domain is unavailable to register (the long play)
In this instance you’ve found a domain that’s taken. If it’s a .co.uk then head over to Nominet.org.uk (the .UK domain registry) and on the right hand side type in the domain in question! Nominet keeps all information open to the public so you will find out something about the owner, whether it’s the company or individual’s name or address. So how do you get in touch?
You’ve got the owner’s name
Do a Google search for that person and see what you can find. Alternatively, if the name is fairly unique then you can expect to find them pretty quickly on LinkedIn or Facebook (but contacting people over Facebook doesn’t always go down so well).
You’ve got their address
Consider ‘paying them a visit’ and demanding that the domain name is handed over. Not really, in fact there’s not a lot you can do with an address apart from Googling it for more information (in some cases this might reveal a phone number) or even writing a letter and posting it. Just to clarify, visiting people at their home or work with unreasonable demands is not a sensible idea.
Hostname
The nameservers will show you what hosting company the domain is with. If you contact the host, you may be able to get them to pass on a message to say that you are interested in making an offer for the domain (I’ve known this to be the case with Heart Internet).
Now that you’ve found the domain owner it’s time to submit that offer. But WAIT! There’s a golden rule of domain acquisition that you should never forget – do not become attached to any single domain. I accept that in some cases there may only be one domain, but if you are looking to rebrand or start-up and money is constrained then short listing dozens of domains is the way to go. Why? Because if you get attached to one domain you will end up paying far more than what you should!
Making contact
A large company with a ton of room for investment will simply buy what they consider to be the best domain without really thinking. But we’re all smarter than that! So what’s the best way to get in touch?
Let’s say for instance that you owned business-corp-uk.co.uk; you then read this post and realised that actually you would be HUGELY better off with the domain businesscorp.co.uk. Sending an email to the owner of businesscorp.co.uk from your info@business-corp-uk.co.uk email is silly – the price will get pushed up beyond what is reasonable. Think about creating or using an existing personal Gmail or Hotmail account and being particularly casual about the whole occasion. No need for formalities, you’re just looking for a domain because you’re ‘bored’.
If the owner is at all savvy, they may Google around the web looking for any reasons why you may have approached them, make sure you keep everything private and don’t start posting blogs about how you’re looking to ‘low ball businesscorp.co.uk off some sucker’.
Reconsider your domain: hyphens are bad, too many keywords are bad, irrelevant words/letters/numbers are bad and generally speaking anything other than .co.uk or .com is probably not great. You’re starting an inbound marketing campaign so you need something memorable that people can keep coming back to or share easily in their network.
I will leave you with two of the biggest domain blunders in the history of the web.
Overstock.com buys O.co for $500,000 then stops using it.
In 2006 Flowers.mobi was bought for $200,000 and then sold in 2010 for $6,500 a 4 year depreciation of 96.75%…