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Placing Cash The place Our Mouth is: Going Large on an Extremely-Premium Area


A website title is a chunk of on-line actual property and, like the situation and design of a bodily retailer, it’s a possibility to face out and make an announcement about the way forward for your model. You wouldn’t arrange store down a shady again alley, so why would you select a second-tier area on your on-line platform?

Enterprise is more and more digital, and over 20% of retail gross sales are anticipated to be made on-line in 2024. For a lot of companies, their area is the first platform for conversions, gross sales and model constructing.

This makes your area title inarguably necessary, and an enormous choice for the way forward for your model. At Atom, area was a central consideration for our latest rebrand.

So why did we’d like an ultra-premium area? And what was it about Atom.com that satisfied us to put money into an elite on-line title and platform for our rebranded enterprise? As a website gross sales platform, we’ve put our cash the place our mouth is.


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Elite Tier: What’s an Extremely-Premium Area?

Throughout the business panorama of the web, each enterprise wants a website. Not all domains are created equally, nevertheless: you can find your model at a subdomain of a bigger platform like Shopify, a daily area, another extension. Or you can put money into an ultra-premium area.

Throughout these area varieties, what makes an ultra-premium area stand out? Properly, three main traits:

  • Size: an ultra-premium area is brief and snappy, often eight characters or fewer. Character rely is a commodity within the on-line world: the typical size of prime 10,000-ranking domains is eight characters, whereas for the highest 100, it’s six.
  • That means: UPDs are made up of recognizable, brandable English-language phrases.
  • Extension: UPDs include the gold-standard top-level area .com for unrivalled memorability and belief. 70% of individuals gained’t belief a more recent extension, so a longtime selection is a should for bold manufacturers.

Extremely-premium domains are massively helpful to new and established manufacturers alike. For Apple, the ultra-premium apple.com is a cornerstone of their eye-watering $517BN model worth and Tesla’s ten-year battle and $11M agreed worth for Tesla.com demonstrates the lengths that big-name manufacturers will go to get their fingers on an ultra-premium area.

At Atom, we’re proud so as to add our title to the listing of bold manufacturers investing in an elite piece of digital property.


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Why are Extremely-Premium Domains so Priceless?

Like a beach-front property or a flagship Fifth Avenue storefront, ultra-premium domains are prime actual property in a digital world. Additionally like their bodily counterparts, ultra-premium domains can command as much as seven-figure worth tags.

A number of elements carry in regards to the worth of an ultra-premium area: 

  • Shortage: there’s a finite variety of quick, brandable domains below the .com extension. All potential two, three and even the 456,976 four-letter .com domains have been registered. After all, pronounceable and brandable domains are a small subset of those, making them extremely helpful.
  • Recognition: Quick, English-language phrases are extremely memorable on your clients and the .com area is the “go-to” when typing in an deal with.
  • Searchability and search engine optimisation: UPDs enhance visitors and might strengthen your search engine optimisation.
  • Standing image: Extremely-premium domains are a standing image and present {industry} friends and clients alike that you just’re severe.

We realized we had outgrown our enterprise title and put discovering an identical ultra-premium area title on the coronary heart of our rebrand. The result’s atom.com. Atom: the place the whole lot begins.


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Is an Extremely-Premium Area Proper for You?

An ultra-premium area requires a major funding and generally is a big leap for early-stage startups with restricted funds. Whereas these domains supply alternatives, you need to ask whether or not they’re best for you.

Have a look at the potential return on funding in your area title. Your title and enterprise title type the cornerstone of your future model worth, which contains from 5%, in line with the Journal of Model Administration, to an incredible 23% of general firm worth as listed in The Economist.

Wish to be a billion-dollar enterprise? Your model worth may very well be value a minimal of $50 million — and your area title will comprise a sizeable chunk of that. Out of the blue a six-figure area acquisition begins making sense.

Contemplating your long-term goals contextualizes an instantaneous funding in your area. Does your innovation have the potential to go international, or are you searching for to develop into an {industry} chief? Then an ultra-premium area may very well be best for you.

And if it’s not time to put money into an ultra-premium area title, there are nonetheless sturdy, out there area decisions on your model. An extended area of 8 to 13 characters with English language phrases shall be successful with engines like google, whereas a well-liked different extension like .co might mean you can grasp a memorable area at an inexpensive worth.


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Confidence Increase: Validating Your Area Alternative

When investing in a website title, it’s necessary to validate your selection. A daring selection backed up by goal metrics helps you to select with confidence, make investments precisely, and set your model up for long-term success.

 

We made viewers testing an integral a part of our course of, and each shortlisted title went by way of a number of rounds of testing. The domains we thought of have been vetted primarily based on three questions:

  • Do any of those names have a detrimental connotation?
  • Are any of those names tough to pronounce?
  • Which of those names is exclusive inside the {industry}?

We discovered that some names we beloved as a crew examined poorly, typically attributable to a detrimental connotation we’d neglected.

Secondly, participating a trademark legal professional to future-proof our title was important. When investing in a singular, memorable title, it have to be yours alone inside your {industry} and adjoining sectors. A trademark legal professional understands the broader business panorama and might information you to a reputation with out authorized limitations.

And at last, we additionally thought of if related social media handles have been out there. Whereas a precise match deal with is nearly inconceivable to search out for an ultra-premium area, it’s necessary to search out industry-relevant shut matches so you possibly can construct your model throughout all platforms.


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Wrapping Up

In the end, we landed on a strong four-letter area: Atom.com. Whereas this area was initially exterior our deliberate funds, after a number of rounds of brainstorming and validation we determined it was value it. As a naming platform and area market, we all know the worth of an ultra-premium area and we’re proving this with Atom.com.

An ultra-premium area gives the proper platform for bold manufacturers seeking to conquer their {industry}. As we re-launch below our new area, we’re excited to see the place it takes us.


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