What If Domain Names Had a 10 Year Minimum?
This time around, I have a different angle.
What if domain names still cost $10 per year (or thereabouts) but you had to register it for a minimum of 10 years? And, you could not sell it within those first ten years either. (Unless the domain was registered to a business and the whole business was sold.)
Same questions I asked before: How would that affect your business model? Would you keep all the domains and sites you have now? Or would you drop some of them and focus on the money makers?
Would it make you think a little more long term for your website?
Would it make you consider more carefully what domains you register?
And, again, if so, why aren't you doing those things now?
It's great that domains are relatively cheap and easy to get, but the downside of that may be that people perhaps tend to not put as much thought and effort into building a business whose upfront cost was $10 as they might for something that cost them much more. And, before spending a dime, shouldn't you put more thought and consideration into something rather than jumping from idea to idea without any solid thought or plan, just because it's so easy and cheap to do so?
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Drew@SellHealth.com