Got its domain name — How Ritual.com

The firm made a unique trade to get the domain it wanted.

Screenshot of Ritual.com

This stretch on This stretch in Startups with Jason Calacanis, Ritual founder Katerina Schneider explained how her firm got the domain name Ritual.com.

Schneider explained the importance of having a great domain name. When it comes to vitamins, trust is key. And owning a great domain like Ritual.com gives instant credibility to her firm.

Right off the bat, she knew she wanted her firm to be known as Ritual, not Ritual Vitamins.

So she contacted the owner of Ritual.com. He wasn’t willing to sell for a price she was willing to pay. But in talking to him, she found out that the Ritual.com owner really wanted Jolt.com for his business and couldn’t get it. So Schneider worked out a deal where she purchased Jolt.com for some cash and equity, and then traded this to the Ritual.com owner.

It’s a fascinating story. See the clip below and the full episode here.

In this stretch’s episode, 🔥 @katerinamarkov (CEO of @Ritual) tells how she purchased the https://t.co/kES3B5ax62 domain name & the importance of a strong domain name to DTC brands

Full episode 👇

📺: https://t.co/05PN2MuwCl
🍎: https://t.co/58ZnmEmxtM
🎧: https://t.co/aqgmdPDJjK” pic.twitter.com/5qGs1nbmeD

— [email protected] (@Jason) September 17, 2020

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