Is it a good idea to have multiple domain names? There are actually pros and cons to this move, but it all depends on the context of your strategy. Let’s take a look at some considerations you need to take into account to make a decision:

Multiple Entry Points – One of the main benefits of having multiple domain names is gaining a number of entry points. If your company focuses on the homemaking niche, for example, you can have sections about housecleaning, refurbishing, etc. Creating additional domains on these niches can also be beneficial (for linking purposes).

Search Engines – It used to be a common spamming technique to purchase hundreds, even thousands of domains, that all reference the same site. These sites were indexed and added to the ranking. Although this strategy worked for awhile, search engines are now cautious about such techniques. As a result, it is more important to be careful about what you put into your sites; and make sure the content is not similar.

Typos – Common typing errors can yield to significant search traffic once you consider that you’re catering to a global audience. Remember to use 301 redirects to ensure that these misspellings aren’t listed in the search engines results page (SERP).

Protection – Once your company becomes more renowned, it will need to battle opportunists who seek to benefit from your success. In this regard, it may be a good idea to purchase the .net, .org, and .us extensions among others.