Domain names were not always for sale. They used to be free.
Until 1995, you didn’t have to pay for a domain name. That’s a full 12 years after Paul Mockapetris and Jon Postel invented the domain name system.
Today, you have over 1500 brandable choices on what goes to the right of the dot on your domain name. You don’t have to settle for a .com when you have more relevant options such as .STORE, .ONLINE, .SITE, and more.
There are over 366 million domain names registered today.
Oh, and we pay for them too. Someone even paid a whopping $49.7 million for a domain name.
Most domain name acquisitions go unannounced. But thanks to an SEC filing, the most valuable domain name acquired is Cars.com at $872 million.
Continue reading How to Choose a Domain Name for Your Ecommerce Business