ChatGPT Tips for Domain Investors

ChatGPT Tips for Domain Investors

Photo: Samuel Bourke / Unsplash
Photo: Samuel Bourke / Unsplash

Harnessing the power of ChatGPT can give you a competitive edge in the domain investment market.

ChatGPT is a large-scale language model that has been trained on a massive amount of text data. This allows it to understand and generate a wide range of language patterns, making it highly versatile and able to respond to a wide variety of inputs.

Investing in domain names can be greatly enhanced by utilizing the capabilities of ChatGPT. Not only can it assist in selecting the most effective domain names, but it can also enhance the language used in listing descriptions, making them more compelling and attractive to potential buyers.

Here are some practical ways you can start using ChatGPT to improve your domain investing strategy right now:

1. Create new brand names on the fly

ChatGPT works great as a word mashing tool, which can be used to come up with unique, brandable domain names. Improve your output by adding specific character criteria such as length and which letters to omit.

Example prompt:

Create a list of brand names using the following keywords: Cash, Coin, Bit, Token

The name must be between 6 and 9 characters. Invoke feelings of money, wealth, finance, statistics, prices, insights, and research. Avoid using the letters: X, V, Q, Y, Z.

2. Pick the best domain name from a list

You can give ChatGPT a list of potential names and ask it which one is best suited for your website purpose. Be specific about the criteria that is important to you and the purpose you are trying to accomplish with the name.

Example prompt:

Which of these names would make the best brand for a [your niche] website if the goal is to provide users with [website function and purpose]? Base the answer purely on language characteristics, such as simplicity to spell, number of syllables, etc. Pick only one and explain what makes it the best name.

[name1]
[name2]
[name3]
…

3. Create a product description for your domain

Great product descriptions not only provide detailed information about a product to potential customers, they can also be used to optimize the product for search engines so that it can be easily found by potential customers online.

ChatGPT is by far the best tool available to the public we have found for this purpose. It is capable of creating very compelling product descriptions that are rich in keywords.

Example prompt:

Write a product description for the domain [yourdomain.tld]

Explain what industry the name [yourdomain] would be best suited for and why.

Explain the meaning behind the name [domain].

Explain what feelings and emotion the name [domain] invokes.

Explain what makes [domain.tld] a desirable domain name.