What is so important of a good domain name?

Firstly, a good domain name will help the visitors to remember your site easily and able to revisit your site even after some time.

Today, there is about 8 millions new domain names registered all over the world, everyday! In order for someone to be able to recall your site after weeks, you will need a good domain name for your visitors to remember your site.

Secondly, a good and easy memorised domain name drives more traffics (visitors) to your website. For instance, if you are aiming a market that will like to sell people car accessories, it will preferable and drive more traffics if you have a domain name calls CarAccessories.com rather than TechSystem.com.

You can consider using frequent search keyword by internet users as your domain name. (*Related article: What are the frequent used keywords by the internet users?)

Thirdly, a good domain name has a great value. You might be able to resell it one day with remarkably good price.

If you look at the figure I attached here, it shows the MalaysiaGovernment.com can be reselled up to USD 4950. MalaysiaFoods.com has a good resell prices too, up to USD 2050.

To my understanding, there are some people really making a living by reselling the domain. They purchase the hot domain name at the price of USD 2.95-8.95, but resell it later at a much higher price.

In addition, you can take a look here for the list of Top 5 most expensive domain name in the past few years.

Lastly, in some ways, it helps your ranking in the search engine result. If you search the term like "Malaysia SEO" or "weight loss" in Google, you can see the website with the domain name such as "malayisaseo.com" and "weight-loss-institute.com" are ranked on the top of the search results.

You can read my step-by-step guide here to register a domain name .