Your domain name matters, read that again! The first domain name was registered more than 30 years ago. Since then, over 330 million domains have come into circulation. With that kind of competition, choosing the right domain name for your business is imperative. A memorable domain name makes all the difference when it comes to creating a successful online presence. In simplest terms, a domain name gives people an easy-to-remember name and address for your website and allows for brand consistency.

The Importance Of A Good Domain Name

Domain names establish a unique identity for your website and represent your brand. Does it matter if your domain name is different than your business name? Yes! A targeted domain name that matches your company name is critical for avoiding brand confusion, so the ideal situation is to have your domain name match your business name. If you’re just starting your business and haven’t yet decided on a business name, you may even want to adjust your business name to match available domains. For example, suppose you were planning to name your business Shoe Palace, but the domain name shoepalace.com is taken. If shoeemporium.com is available, you could change your business name to Shoe Emporium.

A strong domain name does more than identify your brand. It serves to strengthen your brand’s credibility and enhance your domain SEO.

Things to Avoid When Choosing a Domain Name

1.Domains that are too long

You want the domain name for your website to be something that’s short and to the point. This is what’s going to make it memorable and encourage people to visit it.

In an effort to make your domain name unique, you might be tempted to go with a name that’s on the longer side. But this could lead to people typing your domain name wrong when attempting to visit your site and cause you to miss out on traffic.

2. Domains that are difficult to read

Make sure your domain name is easy for people to read and, maybe more importantly, easy for them to say when they’re discussing it with others. Your audience should have to wonder if they are pronouncing your domain correctly. Also, avoid using any words that might be hard for the average person to spell.

3. Domains that contain numbers

This is almost always a bad idea since it often leads to confusion when people go to visit websites. Let’s say that you want to sell the fact that you own the best gym in town. You might be tempted to make your domain name something like number1gym.com. To you, this might seem like a perfect domain name. But what’s going to happen when half your customers try to visit your website by typing in numberonecarwash.com? Unless you buy that domain name, too, and have it redirect people to number1carwash.com, you’re going to miss out on a lot of potential traffic. It’s best to leave numbers out of the equation altogether.

4. Domains with hyphens

Adding hyphens to a domain name can be tempting because it opens up so many possibilities by giving you access to a domain name that you wouldn’t be able to get without hyphens in it.

But here’s the problem: You’re going to have to work really hard to get people to remember to put hyphens into your domain name when trying to visit your site. Many of them will end up typing your domain name in without the hyphens and visiting a site other than yours. You’re better off coming up with a different domain name than trying to squeeze hyphens into bad domain names.

5. Domain names different from your business name

When you start a business website from scratch, SEO is very important. SEO, or search engine optimization, can give your site a big boost and help it land higher on search engine results pages.

There are a variety of ways to improve the SEO of your site. You can fill it with high-quality content that contains certain keywords that are important within your industry. But one of the simplest ways to improve SEO is by making your business name and domain name the same. Google has been known to give businesses that take this approach to creating domain names a slight bump in the SEO department.

6. Avoid using an extension other than .com

A .com domain name is the most common extension and still generally carries more significant value for companies. That’s because most of your customers are going to assume your website is [your business name].com. The .com extension will also have a direct impact on your search rankings. Google prioritizes this extension because Internet users default to .com domains. People expect sites to use the extension – many associate real businesses with .coms, and Google tends to play on user assumptions.

There are a few exceptions to the rule. For example, the .org extension is well-known and trusted. The .org stands for ‘organization’ and is the primary choice for charity or non-profit websites. Website with he extension .edu are required for educational institutions.

With a good domain name, you can set your business up for success. Make sure that you avoid the types of domain names that we mentioned above. The future success of your website and business could very well depend on it.

Looking to learn more about coming up with a great domain name or need help with other marketing aspects? Give Hyve Marketing a call. As a true, full-service marketing partner, we can manage all aspects of your marketing needs: branding and design, website development, digital marketing, social media management, paid search, content management, photography, and video production. Contact us today for a complimentary marketing analysis of your existing collateral.

The importance of a positioning statement is commonly overlooked, yet it is a critical piece of any brand. A business’ brand plays a vital role in the life cycle of any successful organization as it exposes and promotes your products and services to hundreds of potential customers.

All the marketing efforts in the world are useless if the market does not remember your name/brand. This is the hard truth about marketing and unfortunately, it seems many business owners fall short in this category.

In previous blogs, we have written about the power of a brand and the critical elements that contribute. This blog is focused on the importance of one of those key elements, a positioning statement.

What is a Positioning Statement?

One way to ensure people remember you and your products and/or services is to come up with a brilliant positioning statement. A positioning statement should define what you do, how you do it, and position you within your industry all within a few catchy words. Some good examples include Apple “Think Differently” and Kentucky Fried Chicken “it’s finger lickin’ good!”. Both statements identify briefly what the organization can do for you in just a few simple words. Remember, the KISS rule definitely applies here! Keep It Simple, Stupid. Not our words, but a universally accepted sound business principle.

How to Develop A Positioning Statement?

It is critical to engage a marketing professional who is well versed in the branding process. A good marketer will assist you in developing a strong positioning statement, one that is aligned with your brand and considers these key steps:

1. Begin by reviewing your company’s Mission and Vision Statements and keep these in mind throughout the process. Understand the difference, mission/vision statements share how you plan to execute your strategies, while a positioning statement is part of your brand and states “how you do what you do”.

2. Make a list of your audiences and prioritize them.

3. For each customer type, figure out what their urgent needs are. Do not assume you know what your customers’ needs and pains are. Get out and talk to customers to get an in-depth understanding of their wants and their needs, and pain points.

4. Make a list of key features of your products and/or services and how you each solves the customer needs identified.

5. Analyze your competitors. Gather information from their website, printed materials, and other sources. Evaluate how they are positioning themselves and what their key messages are.

6. Now you have all the necessary information to identify your distinctive positioning, focus on how you meet the most urgent need, or top two if there is a close second. In solving those needs, what do you do that is unique compared to the competition? Identify the one most compelling reason for customers to do business with you. It is important to be focused. We tell our clients to think of how they would complete this sentence: Only we ______. Hint: it cannot be related to customer service; we hope that is a given!

7. Write a sentence that gives a distinctive advantage, not just presents your value as a superlative claim. Keep honing it until it is clear and feels right. Check it out with outside contacts for confirmation that it conveys a compelling reason to do business with you.

Once you have applied these steps, you should have in your hands an effective positioning statement that will soon become the single most important sentence in your marketing arsenal. Use this positioning statement wherever you can. Remember, keep it simple. There is nothing worse than a position statement that takes more than a few seconds to read, process, and most importantly memorize.

Hyve Marketing is a true, full-service marketing partner, we can manage all aspects of your marketing needs: branding and design, website development, digital marketing, social media management, paid search, content management, photography, and video production. Contact us today for a complimentary marketing analysis of your existing brand and collateral.