WDTalk

A lot of work goes into shaping a business, but the shaping doesn’t end when you open your doors to the public. Businesses that survive and strive are those that abandon what doesn’t work and use that knowledge to reshape their business going forward. With online businesses, this could be as simple as changing domain names.

I just read an interesting article this morning about one online business that changed their web site five times in five years. This particular business was launched with an investment of  $100,000, but now grosses nearly $3 million in revenue. What I found interesting was that, over the years, they abandoned 60 percent of what they originally came up with. That’s huge, but it reshaped their business into the success they enjoy today.

Why would changing your domain name make any difference?
I think there are two angles to changing domain names. The first is perception. The second deals with Search Engine Optimization.

The Trust Factor
In the first (perception), the key is TRUST. Successful eCommerce ventures start and end with a strong trust factor. Let’s face it – what do prospects see when they search for info on Google, Bing and Yahoo? They essentially see two things – your domain name and a short description of your site. For example, which domain name conveys more (global) trust to you - Steve’sAirTransport.com or AviationTransportationServicesInc.com? Seems obvious to me. The second has a corporate, global feel to it that lends favorably to the perception of trust.

The SEO Factor
Although Google doesn’t disclose its search algorithms, it’s widely perceived in SEO circles that targeted keywords in your domain name weigh heavily on Search Engine Results Pages (SERPS).  When searching for Aviation Transportation Services, two of the top four results have the targeted keywords, aviation and trasnsportation, in their domain names. Would being in the top four results help drive targeted traffic and potential clients to your site? Absolutely!

The Real Challenge
Reevaluatiing your domain name is a starting point, but the real challenge entails staying current with ever evolving technologies like Twitter and Facebook, AND keeping up to date with search engine trends and changes in their algorithms.