Of all the people using the internet and browsing websites everyday, the domain name industry is still a mystery to the majority of people.

6. Selling domain names is easy.

      This is far from the truth. Well, there is an easy way to sell domain names that involves listing them on major marketplaces and kicking up your feet. But if you want to increase your odds of a domain selling in the next 10 years you better get proactive.

      Selling domains effectively involves marketing, networking, research, people skills, negotiation and much more. If you learn the skills, you can improve your chances of selling and earning more profit.

7. GoDaddy is the best domain registrar?

      GoDaddy is simply the biggest and frequently the cheapest domain registrar. Massive advertising campaigns and expanded product offering have made GoDaddy the world’s most well-known domain registrar.

      There are many other registrars that have comparable prices and expanded features such as more security, support and customer service. Off the top of my head some of the most respected registrars include Name.com, NameCheap, Moniker, EuroDNS and Fabulous.

      Check out the Top 100 Domain Websites for more good industry companies and resources.

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8. Registering lots of domains is unethical or “squatting.”

      There is often negative view of the domain industry mainly stemming from spiteful web developers who can not find the perfect domain for their own project. We also get a bad reputation from a small number of people who register domains based on business trademarks or close typos. That is who the real cyber-squatters are.

      The overwhelming majority of domain investors today are keenly aware of the risks of owning domains containing trademarks.

      Just because someone owns a few hundred or even a few thousand domain names does not mean they are squatting. Domains have been freely available to register since the 90′s and many wise investors had the foresight to stake their claim. Anyone is allowed to buy up and resell as much real-world real estate as they like, domain names are no different.

9. Searching for available domains is the only option.

      This is a major pet-peeve of mine. Sometimes it seems as if the world has it’s blinders up to the industry beyond domain registrars.  Some may be on a very tight budget, but there is a HUGE aftermarket of quality domain names available to purchase.

      Check out the Top 20 Places to Buy Domains for a sampling of the many great outlets for acquiring a great domain that will pay for itself over a lifetime of use!

10. Keywords in domains do not affect search engine ranking.

      Keywords absolutely have a beneficial affect on search rankings. It has been proven over the years and is well known in the SEO community that using keywords within a domain provides a tremendous advantage in ranking highly for those terms.

      Both non-hyphenated and hyphenated domains can gain this advantage. More often than not, an exact match keyword domain is able to claim the #1 position on Google with very little effort. This is one of the top reasons for owning a generic keyword domain and it’s what makes them so valuable.

Keep on Busting Domain Myths

      The domain industry has a lot of work to do as far as educating the public, now more than ever. Please help share the truth about Domaining.

      What do you want to know about domain names? Ask a question on the DotSauce Q&A Forum and our community of experienced domainers will do their best to help.

      Did I miss a common domain name myth? Please leave a comment below with any additions you would like to add. The more knowledge shared, the better!

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