Is it a Smart Idea to Buy More Than One Domain Name?

Estimated reading time: 3 min

If you are planning to go into business for yourself, you need to be on the web. Just as the company you worked for until recently has their site on the web, you need to establish your own. By doing so, you will put yourself in a position to reach a potential audience that numbers in the hundreds of millions. The sooner you do so, the sooner you can begin to tap into this enormous wellspring of potential profit.

Why Do You Need to Buy a Domain Name for Your Business?

The reason you need to buy a domain name for your business is to give yourself a home on the web. This is the name that visitors will punch into their search bar in order to find your site. It’s the name you will do business under.

Should You Buy More Than One Domain Name for Your Business?

Now that you know why you need to buy a domain name for your business, a new question arises. Is there a reason why you may need to consider buying more than one? This is an interesting question that raises a number of points. For example, are you going to be operating in a crowded arena where many businesses are competing in a cutthroat manner? If this is the case, there’s a reason you may need more than one domain name.

A rival business may attempt to crowd you off the web by buying a number of domain names that are similar to your own business. They may try to make use of these names by causing them to redirect to their own websites. Another way they may try to hurt you is by buying up several “independent” sites that are set up for the sole purpose of mocking and maligning your business.

The way to short circuit these attempts is to outwit your competitors in both areas.

  1. You can buy up a number of names that are similar to the name of your own domain such as common mis-spellings, different domain extensions and have them redirect to your main website.
  2. You can also buy up a number of ” X business stinks” and “Z business offers lousy service” domains to keep your rivals from using them to cause you grief. [Note this tactic could backfire and make you look foolish and so it’s not advised by ethical digital marketers.]
  3. The high quality, preferred solution to “outwitting competitors” is to put top quality content and advice on your blog, use content marketing and provide excellent customer service supported by testimonials and social proof, just like we do on this website!

Where Can You Go to Buy a Domain Name for Your New Business?

There are a number of reputable and professional domain hosting service providers that you can turn to when it comes time to buy domain names for your new business. The more you are able to buy, the better able you will be to shore up support for your new business while heading off any attempts by your competitors to harm you.

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