A domain name is the name of any website, for example the domain of our website is “www.ElasticZone.com“.
The domains “dot COM” (.Com) are the most popular domains (other are “.Org”, “.Net”). The average price of this kind of domains is U.S.$ 10 per year, but you know that will you be able to resell that domains and even most important that maybe someone could pay you a million dollars for your domain?
Yes, maybe you become millionaire buying and selling domains, that is the case of the domain ”Candy.com” that was sold for 2 million dollars as reported the newspaper Christian Science Monitor.
Why does it cost so much if you only should pay U.S$10 dollars per year?
Simply, because the name is short and generates traffic of visits to the website itself. As I have said before, on the Internet to more traffic of visitors you have more opportunities to make money online (read How to Make Money Online with a Blog).
Today, It is not easy to find a domain as Candy.com but maybe you can find an interesting domain that still is free. You can explore to buy one in several sites as Alocate, you should invest only $ 10 per year but who knows, perhaps you will sell your domain for millions of dollars in some years more.
