Founded in 2017, CopeCart is taking care of the automatic sending of invoices. Th German startup secured the domain name Cope.com. Using a descriptive word is a common choice of entrepreneurs when they start a new brand – it allows to easier explain to your audience what you are about as well as secure a cheaper domain name.
As brands develop and expand though this can prove problematic – TeslaMotors.com was limiting to Motors for example, leading Elon Must to invest $11M in securing the Tesla.com domain name.
It’s unknown what was the valuation of the Cope.com domain name but Cope as a brand has made a bold statement – they are likely going beyond just “carts” in the near future and don’t plan on limiting their brand.
Premium domain names are a valuable asset for any brand. They can help you establish credibility, improve your search engine rankings, and make it easier for customers to find and remember your website. If you’re interested in learning more about how premium domain names can benefit your brand, don’t hesitate to contact us for more information.