Do you remember the moment of inception? Where you there when it happened? Or have you only heard the story?
The moment a light bulb went off. For some it happened in the shower or stuck in traffic. Others over far too many glasses of wine and thankfully it was scribbled down on cocktail napkins.
The idea for your business was conceived. You invented a better mouse-trap. Or realized that no one was providing that product or service in your area. Or boldly, you knew you could do it better than existing businesses.
However the prologue was written, your business was born. That euphoric moment soon to be followed by the hurdles, hard work, blood, sweat and tears required to get you to where you are today. A journey of joys, successes, heartbreaks and disappointments; one that you’d do again in a heartbeat.
For many one of the first setbacks experienced comes shortly after settling on a name for your new venture; likely scrawled on that cocktail napkin. The trademark was filed, the DBA applied for and then came the disappointment.
You logged into the domain registrar of your choice to register the perfect dot com for your business; but it was taken. You brainstormed, trying alternate permutations of your perfect name only to find time after time, they too were unavailable.
If you were savvy you tried to figure out who owned the name, thinking perhaps you could contact them and buy it; only you were presented nonsensical contact information and an email address of email@example.com.
It may have been instinctive or under the guidance of a talented web developer; but in that moment you were unaware of the importance of consumer Domain Bias, coined by a 2012 Microsoft study – a users propensity to believe a page is more relevant just because it comes from a particular domain. A domain that industry insiders would describe as a premium name or a brand defining name.
How could it be possible that all the good names were taken? And yet they were. So you made the executive decision to settle for what was available. You hyphenated the name or opted for a non-dot com version. Domain Professionals will refer to this as a non-premium name. Possibly you added words, creating what would be referred to as a long tail domain.
The star of your story… The star of your business… Settled that day.
And that is not something a true entrepreneur wants to do.
It matters not how long you’ve owned your domain, be it hours or decades. One fact is undeniable, it isn’t the name you originally wanted.
For most of you the story includes tremendous effort building your website, constructing your brand and market strategy around that domain. Let’s face it, that domain is familiar to you now and you’ve grown like it. Though it still isn’t the name you originally wanted; and worse still it may not be perceived as relevant enough to your potential customers…losing business to your competition.
The truth is, that taken doesn’t always mean unavailable. Individuals and corporations bought domains speculating, much like real estate investors, with a belief that the values would increase. They bought verbs, adjectives, numbers, colors and generic terms.
They bought the perfect name for your business; the one you originally wanted.
So where does a Premium Domain Broker fit into your story? Well every good story should have a hero. Someone with special powers like deciphering secret codes (firstname.lastname@example.org) used to rescue the star of your story from mediocrity.
Do you remember the excitement? Do you remember the dream? To what heights you were going to take your company? Your product? Your service?
And then you settled for something other than the domain name you originally wanted.
There are still chapters to be written. The epilogue can still end Happily Ever After…taken doesn’t necessarily mean unavailable. In the distance a Premium Domain Broker sits upon a white horse, waiting for you to call for them.