There are an estimated 50 million new websites added each year and there are many hundreds of new generic top-level domains that are being rolled out during 2014, so it is potentially good news in terms of choice but for many, their search can still end in frustration when they discover that the domain name they wanted is no longer available. How to Use a Domain Auction to Get the Perfect Domain Name This infographic guides you through the ins and outs of how domain auctions work and how to get the most out of them and it could well save you a lot of wasted time too, by providing some useful pointers on where to look for what you want. It is always important to remember that just because an internet domain name is already taken, it doesn’t necessarily mean that it is not available for sale, at the right price. There are also plenty of opportunities to snap up a potential bargain by finding a suitable domain that has expired, but be sure to find out the reasons why the previous owner was prepared to let it go. If a site has been banned by Google then it will have no value to you as they won’t rank it, so that would be a domain to steer clear of. You might be sitting on the other side of the fence and wanting to sell your domain and the guide also covers the procedure for getting it valued and trying to achieve the best possible price at an auction. The price you pay for a domain name will vary dramatically according to the perceived value of what is on offer and the quality of the name. The general rule of thumb here is that domains that are short, memorable and possess aged popular keywords, will almost always fetch a fair premium. So check out the guide to make sure you get the best out of using a domain auction site. Infographic Source: Who Is Hosting This Images: “domain name browser search illustration graphic design/ Shutterstock.com“ __________________________________________________________________________________ Connect with Tweak Your Biz: Would you like to write for Tweak Your Biz? Tweak Your Biz is an international, business advice community and online publication. Today it is read by over 140,000 business people each month (unique visitors, Google Analytics, December, 2013). See our review of 2013 for more information. An outstanding title can increase tweets, Facebook Likes, and visitor traffic by 50% or more. Generate great titles for your articles and blog posts with the Tweak Your Biz Title Generator.