KeNIC’s SLD auction allows clients to bid for domain names. Premium domain names are not readily available and are usually available on auction. Domain names will be awarded to the highest bidder and the bidder has the freedom to select a Registrar of choice to help them Register the domain. Below are some of things to consider during the auction process:
When searching for a domain name, it is worth considering how many people are looking for it. It is likely that the domain will be priced highly, however, there is a possibility that the domain will increase in value and it is worth buying. Then again, it is important to work within your budget.
If you are targeting a wide audience, it is better to choose a domain name that has universal appeal. If you are targeting a small business, you have fewer potential customers in your target pool, thus less opportunity to earn revenue.
Work within your budget
It is more efficient to search for domain names whose quoted price are is within your budget. Do not focus on domains whose prices are higher than what you have budgeted to pay. You risk losing other domains that are within budget.
Focus on purchasing a domain that is relevant to your brand and what you are trying to achieve. You risk wasting money when purchasing domain names that will not be useful to you.
With a little research and patience, you will be able to find some hidden gems in the domain auctions. Look out for KeNIC’s SLD AUCTION in October 2021 to secure the names you want. Visit kenic for more information.