Domain Name Valuation Formula
The costs can range from a one digit number to 6 or 7 digit numbers depending on the valuation factors.
Domain name valuation formula. An introduction to domain valuation. But how do you find out what it s worth. The value of a domain name is the price any person entity organization has to pay in order to purchase a name for their website.
The value of a particular domain name depends upon many factors and is unique to each registrant. Godaddy s domain valuation tool s algorithm uses proprietary machine learning and real market sales data to estimate domain values providing. When it comes to domain names the uses might be less obvious but there are some cool things you can use the free godaddy domain name value appraisal tool for.
Domain appraisal services can churn out a number based on a complex set of criteria but there s much more to domain names than algorithms and search rankings. Traffic comes from type ins direct input into a browser url links bookmarks and search. In spite of all that details if you still want to estimate domain or website worth then online valuation tools can help you to determine the worth of your domain name.
Your domain could be the name of the next big start up or brand. Traffic is the easier one. If you intend to sell your domain name soon you should obtain a professional appraisal from a paid service.
Luckily there is another useful data set relevant to generic domain valuation. If you do not have the experience or knowledge there are brokers and companies available to assist you. Selling price of previous similar domains can suggest the current market value of a domain name.
Whether you re planning on selling a domain or you just want to know how much one you own is worth you ll be looking to perform a process called domain valuation this can also be referred to as domain appraisal but the principle remains the same either way this is a method for estimating the value of a specific domain name. The value of a domain name is the sum of its generic value and the value of its traffic.