Domain names are often referred to as the real estate of the online age. A well-chosen name can in itself provide a fairly strong flow of visitors, and therefore potential customers.
A good name is intuitively found and easy to remember. Domain value rises from year to year, and therefore the price grows too.
The .com domain can sell for millions of dollars, almost fifty million dollars were paid for the domain carinsurance.com. Interestingly, of the top twenty most expensive domains, most are .com.Read more on curiousmindmagazine.com