When buying domains I need to first decide on 2 things:
1/ Will the same be brandable? think google.com, groupon, facebook...etc. If so, I find one that meets 2 criteria:
- BRANDkeyword.com - the brand is something original and special and the keyword is just hint of what it does. So when you grow SEO hair and become a bit know people will google you by BRAND or BRAND keyword and you will rank #1.
- Age - anything over 7 years is good. I used to buy drops, but the clocks get reset on them and you get 0 value from domain age. I buy them before they expire in auctions. You can start with Godaddy and move to other auctions as you see fit.
- Price - never pay stupid money for any domain. It's age, content, links and other SEO factors that count, not just a domain. Who would think a stupid domain like icanhascheezburger.com wwill be
sold for $2?!
Advantage:
* Authortiy
* Memorability
* Brandability
* Algo resistant
Cons:
* You may loose all your hair before you get that authority, but it will be worth it.
* You will need steer clear of agressive blackhat SEO
* Harder to rank for money keywords initially
2/ Do I need keyword domains? This is pretty much what everyone goes after these days for a quick buck.
I used keywordsnipper in the past, but not a member anymore - I kept buying domains faster than I can develop. You can use any other tool but:
- Match it to Google Keyword tool data. Sometimes their data is inconsistent
- Get a feel of the value using traffic estimate as mentioned above
- Check local search results - if you are targetting USA, it's no use to you if the Global Searches are 12k, while the local is 900.
- Tick EXACT MATCH when searching G Keyword tool - many people forget this and ends up investing a lot of money and energy on the wrong keyword.
- Don't worry about domain extension (co.cc is an exception) I see .biz, .us, .info ..etc ranking very well for 1300+ monthly searches and I'm trying to beat them!
Advantage:
- Will likely rank for it keyword (unless you build links too fast)
- Minimum SEO work - depending on niche
- Less content required
Cons:
- None will come back because they want your site. They just came through the KW
- Not algo resistant. Can be washed buy G if they decide to devalue keyword in domain factor
Good luck!