Andrew Alleman at Domain Name Wire gives 5 reasons + a bonus reason why the domain bull market will continue. I am in agreement with him on this. There has never been a better time to own a generic domain name.
I would add two more reasons to Andrew’s list:
– Domain names are used by people in all corners of the world. They criss cross socio-economic distinctions, race, religion…etc. Everybody who wants to create a message that can be seen throughout the world needs a domain name.
– Compared to bricks and mortar retail locations, there is much less overhead with domain names.