Analogy time - there's a part of your town where two roads come together. There's a gas station on that corner which makes you and everyone very happy, because it's a very convenient place for the gas station to be.
But how did that spot end up being a gas station? It's because the owner of the gas station valued that real estate more than the baker and the taxidermist. He paid more for it because he could earn more with it because that's what is most valuable for consumers there. These three things are connected.
Same reason GM will pay more for GM.com than a teenager named George Moore (or whatever) - because ultimately GM will generate more value for it's customers with that domain than George will.
I hope the analogy is helpful. That's how pricing of most things works.
Analogy time - there's a part of your town where two roads come together. There's a gas station on that corner which makes you and everyone very happy, because it's a very convenient place for the gas station to be.
But how did that spot end up being a gas station? It's because the owner of the gas station valued that real estate more than the baker and the taxidermist. He paid more for it because he could earn more with it because that's what is most valuable for consumers there. These three things are connected.
Same reason GM will pay more for GM.com than a teenager named George Moore (or whatever) - because ultimately GM will generate more value for it's customers with that domain than George will.
I hope the analogy is helpful. That's how pricing of most things works.